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Nearly $3 billion invested in financial technology this week

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Did someone say snow? Hope you're safe and warm -- there's a ton of news about the business of financ
 
January 24 · Issue #16 · View online
Tearsheet Weekly Newsletter
Did someone say snow? Hope you’re safe and warm – there’s a ton of news about the business of finance and technology for you to tackle, so take advantage of the downtime to catch up. There was a blizzard of private equity and venture capital that came into the sector this week (like close to $3 billion – yes, with a b). Read on to track where it’s going.
- Zack Miller, Tradestreaming
P.S. We launched a daily version of this newsletter earlier this month. If you’re interested in staying on top of things daily, subscribe by going here.

On the podcast this week...
[podcast] Uberization of finance? Analyst Ron Shevlin on the bank of the future
The Incumbents
E*Trade partners with TipRanks: Clients can now track performance of analyst/blogger recommendations
As more pay by smartphone, banks scramble to keep competitive in consumer banking
ACI Worldwide to sell its community financial services business to Fiserv
The Startups: Who's shaking things up
Unbundling financial data, Tammer Kamel’s Quandl is powering an entire finance app ecosystem
NerdWallet? The $520m company that wants to solve all your financial needs
Robinhood ramping its free trading app via integrations, global expansion in 2016
Francois de Lame of PolicyGenius on how to build a digital-first insurance brand
Startups raising/Investors investing
After round, Lufax, Chinese marketplace lender, highest valued fintech startup ($18b)
Chinese e-commerce outfit JD.com raises $1.1b to grow financial arm
ING, Khazanah invest $160m in Asian online lender, WeLab, backed by billionaire Li Ka-shing
LendUp pulls in $150m to build out its alternative to payday loans
Opendoor pays cash to buy and flip homes; Raises $80m at $580m val
Digital Asset Holdings, the blockchain startup led by former JPMorgan exec Blythe Masters, has raised more than $50m in a new funding round
BlueVine raises $40m to help small businesses with cash flow via factoring
Patreon gains $30m to grow crowdfunding of the arts
Neyber raises £6m to take on credit rivals in lending to UK employees
Tools of the trade
R.I.P. Bitcoin. It's time to move on (more on the theme that Bitcoin is permanently broken).
The challenges of insurance in the era of drones, cyberwarfare, and connected wearable devices
Marketing and investor behavior
Online financial marketing: 3 metrics you must measure from the team at Radius Bank
Fintech M&A doubles over 2014; Capital markets sector leads activity
Young high-earners driving fintech revolution as early adopters of new tools, platforms
Where are the wealthy allocating their money now?
New financial products
FolioKarma releases ethical investing app
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Have a tip or story you’d like to share? Email us at info [at] tradestreaming dot com
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