Jack Ma surprises employees at Alibaba’s 18th birthday celebration

Alibaba founder and executive chairman Jack Ma turned the company's 18th birthday celebration into a thriller with a Michael Jackson-inspired dance performance. The company has had a lot to celebrate. Stocks hit an all-time high on Aug. 17 after the company beat earnings estimates. Full article on CNBC here >> This article, by Michelle Castillo, first appeared on CNBC.com on the 12th September 2017. read more


9 Regulatory and Compliance RegTech Start-ups

With the smallest of compliance slip-ups costing banks millions of dollars - fines across the industry are expected to surpass $20B this year. Here's a list of some of the global firms that help banks and financial institution mitigate risk and stay compliant:   Fenergo Founded in 2009, Irish startup Fenergo has taken in $80.43M in funding from investors that include asset management group Investec.   Digital Reasoning Founded in ... read more


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