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4073 articles tagged with this keyword

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Goldman takes stake in data analytics platform Kensho

Goldman Sachs has led a $15 million investment round in Kensho, a startup that is seeking to supplant human equity analysts with intelligent big data mining bots.

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Icap revenue and profits drop in "fragile" market

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today its results for the six months ended 30 September 2014.

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Investment research platform Bipsync raises $1.5 million

Bipsync, a research automation platform that maximizes the productivity and efficiency of investment professionals, today announces the availability of its Open Beta for individuals and early access to its Enterprise product for buyside investment teams.

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Alibaba FS business Ant Financial invests in mobile security startup

Alibaba Group affiliate Ant Financial Services Group and China-based venture-capital fund IPV Capital are investing $12 million in a California start-up that is developing technology to boost mobile device security.

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Markit reports strong third quarter results

Markit Ltd. (MRKT), a leading global diversified provider of financial information services, today announced financial results under International Financial Reporting Standards (IFRS) for the third quarter ended September 30, 2014.

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TransferWise sniffs $1 billion valuation as Sequoia Capital plots $50m investment

Peer-to-peer currency startup TransferWise is in advanced discussion to raise $50 million from Sequoia Capital in a deal that would value the London-based company at close to $1 billion.

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Virgin Money to proceed with IPO

Virgin Money has today confirmed that it plans to proceed with its intention to apply for the admission of its Ordinary Shares to the premium listing segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange. It expects admission to take place by the end of November 2014.

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Digital-only Atom Bank seeking to raise £20 million

British digital banking startup Atom Bank is bidding to raise £20 million from private investors ahead of a planned launch next year, Sky News is reporting.

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D3 Banking raises $7 million from Route 66 Ventures

D3 Banking, the leader in Data Driven DigitalTM banking, announced today that it raised $7 million in equity capital from Route 66 Ventures, LLC.

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Nasdaq revenues down, earnings up

The NASDAQ OMX Group, Inc. (NDAQ) today reported results for the third quarter of 2014. Third quarter net revenues were $497 million, down 2% from $506 million in the prior year period, driven in part by the impact of foreign exchange rates.

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Strong growth in banking makes up for soft retail markets - NCR results

NCR Corporation (NYSE: NCR) reported financial results today for the three months ended September 30, 2014.

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NetGuardians raises CHF5 million in second round of financing

NetGuardians, a Swiss company offering anti-fraud banking solutions, is heading into its second round of financing of CHF 5 million.

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Earthport revenues more than double

Earthport (AIM: EPO.L), the global payments service provider, is pleased to announce its final results for the year ended 30 June 2014.

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MasterCard invests in Mozido

US mobile payment outfit Mozido has completed the first phase of a $400 million funding round with support from MasterCard as it looks to expand its geographical footprint through a series of strategic acquisitions.

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Ex-Pimco boss El-Erian invests in P2P lender Payoff

Former Pimco chief executive Mohamed El-Erian has become the latest big name from the world of traditional financial services to take an interest in P2P lending, making an investment in US outfit Payoff.

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Nordea to take EUR344 million IT charge as core platforms are upgraded

Nordea Bank is to take a EUR344 million impairment charge on its current IT systems as it embarks on a major project to rip and replace its core banking and payments platforms.

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Infocomm opens London office; invests in Startupbootcamp

Singapore's Infocomm Investments is looking to tap into London's booming fintech scene with the opening of a new office in the capital and an undisclosed investment in accelerator Startupbootcamp FinTech.

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Visa veterans raise $14.5m for bitcoin processing platform

Bitnet, a bitcoin payments processor targeting large merchants that was set up earlier this year by a gaggle of Visa and CyberSource veterans, has raised $14.5 million in a series a funding round led by Highland Capital Partners.

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Virgin Money puts flotation on ice until market conditions improve

On 2 October, Virgin Money announced that it would apply for the admission of its Ordinary Shares to the premium listing segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange.

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Digital currency exchange tech platform AlphaPoint secures $1.35 million funding

AlphaPoint, a leading financial technology platform provider, powering the top global digital currency exchanges, today announced it has closed $1.35 million in funding.