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Connecting the dots this week in finance land and we see a few things happening: Goldman is making (a
 
March 20 · Issue #24 · View online
Tearsheet Weekly Newsletter
Connecting the dots this week in finance land and we see a few things happening: Goldman is making (another) move in online finance with an acquisition while the upstarts are looking more seriously into getting their own banking licenses. Mega banks in the US continue to get bigger while financial content companies are launching their own investment management businesses. 
Best story of the week has to be, hands down, the attempted looting of the Fed Reserve Bank of New York by hackers using Bangledeshi SWIFT codes and wiring the money to Filipino casinos. I can’t wait for the move version.
– Zack Miller, Tradestreaming
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The Incumbents
With Honest Dollar acquisition, Goldman Sachs moves into online retirement investing
Bank of America seeks fintech deals
American Express: Its problems are real
JPMorgan appoints former Obama advisor to lead its burgeoning fintech strategy
This graphic from American Banker does a great job illustrating how big the mega-banks have become
Wall Street’s high rollers think new ways to bring bigger profits
SocGen to buy Kleinwort Benson for wealth management push
The Startups: Who's shaking things up
DailyWorth, financial media co, launching female-focused roboadvisor
OCC: Fintech firms inquiring about national bank charters
Crowdfunding platform, SyndicateRoom becomes IPO matchmaker with approval of London Stock Exchange
Startups raising/Investors investing
Future Finance raises $171m to grow its student loan platform in Europe
Human capital investing platform, Cumulus Funding raises $36m
StanChart PE arm, Goldman invest $28 million in Vietnam mobile payments startup
Online lending platform EZBob raises $28m
Next Insurance raises $13m to sell insurance to small businesses
Latin American P2P lender Afluenta banks $8m
InstaRem raises $5m to make overseas money transfers cheaper and faster in Asia
ChartIQ raises $4m
Real estate crowdfunding marketplace /software, CrowdStreet secures $3.5m
Tools of the trade
Fintech trickles down to games as cash is busted
Voice controlled speaker, Amazon Echo's next frontier is banking — yes, banking
Legaltech set to take on fintech
Unlocking blockchain for the underbanked
Marketing, data, and user behavior
How Showtime built an audience of financial professionals for hit show, Billions
Messaging app WeChat is becoming a mobile payment giant in China
Has the rise of marketplace lending reached a peak?
Video: Banks wary of fintech threat
New financial products
Swipe for charity: How mobile apps are enabling a future of giving
Uber partners Green Dot to let drivers get paid instantly
Can a mobile lending app save millennial credit ratings?
Financial Ecosystems: Where's the action at?
Fintech growth accelerates in Asia with record $4.5 billion investments
Hitachi establishes fintech innovation lab in Silicon Valley
What we're reading
$1 billion plot to rob fed accounts leads to Manila casinos
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