Cap Tables, Share Structures, Valuations, Oh My! A Case Study of Early-Stage Funding

An interesting piece for Crunchbase written by Jason D. Rowley a venture capital and technology reporter based in Chicago, that we thought worth sharing. For many entrepreneurs, especially first-time founders, raising outside capital can be daunting. Between all of the new vocabulary – like “term sheets,” “capitalization tables,” “pro rata,” and different valuation metrics – and the very real legal implications of the agreements being signed, it’s easy to get overwhelmed. ... read more

UK mortgage broker Habito raise £18.5m B Series led by Atomico

U.K-based mortgage broker Habito raise 18.5 million pounds or $24 million through series B funding led by the venture capital Atomico. The online chatbot created by Skype founder Niklas Zennstrom plans to use the new investment to integrate its technology with retail banks and high street lenders to offer real time mortgage approvals. It plans to spread across home and life insurance spectrum. Nine months back, Habito, the algorithm powered ... read more

Beyond FinTech – the Fourth Industrial Revolution by The World Economic Forum

A pragmatic assessment of disruptive potential in financial services. The Disruptive Innovation in Financial Services project was launched at the World Economic Forum Annual Meeting 2014 in Davos, in a world still consumed with navigating the aftershocks of the global financial crisis. But in the wings, a new challenge for the financial system was growing in the form of FinTech – new entrants that promised to rapidly reshape how financial ... read more

Technology adoption starting in the Rest rather than the West is one of the big 21st century megatrends.

First the Rest then the West This is one of the big stories of our time. It is the end of what historians have called the Great Divergence, when the Western economies rose to dominance. For most of the 20th century, technology was limited to the West. Countries in the Rest (formerly known as developing, then emerging, then rapid growth economies) were “tech deserts” until those economies started to open ... read more

Money2020: The Rise of Corporate VCs

ICON's Head of FinTech Eddie Harding is delighted to host a panel session at Money2020 with some of the biggest names in Corporate Venture Capital: Japanese eCommerce giant - Rakuten's Oskar Miel , the corporate venture capital arm of BBVA - Propel Venture Partners with Ryan Gilbert, IBM Ventures' Christoph Auer-Welsbach, Deutsche Telekom's  Thomas Preuss and Matteo Rizzi all join the line up. Money2020 is the worlds largest FinTech event, 26th - 28th June ... read more

Apple Bank here we come

Great post by Aki Ranin, COO at Bambu worth sharing...... At the annual developer conference WWDC, Apple announced their next move into the world of Financial Services. If you thought Apple Pay was as far as they would go, you were mistaken. Sorely mistaken! Enter the "Apple Pay Cash Card" According to the limited information available, Apple will automatically issue a virtual payment card to all iOS users, allowing them to ... read more

European FinTech M&A 2016-17

The Payments Sector was by far the most active sector within European FinTech M&A deals, the pace of exits is no surprise given the weight of funding that has gone into the sector. RegTech deals are also on the rise, hitting a 5 year high. We are also seeing big moves in Wealth Management and Banking M&A. Highlights 2016/2017 include: Payment giant, MasterCard’s acquisition of payment platform VocaLink for £868m Swedish ... read more

To Beat Them, Join them

M&A is reshaping the FinTech Landscape as the sector matures and key players - established and emergent- realise their limitations. Entrepreneurs have to make a big call as to whether they just purely go to institutional investors or go to corporates. This article by Grant Murgatroyd originally appeared in Corporate Financier, May 2017 Read the full article here >> read more