Venture capital

Venture capital investment has plummeted in many coronavirus-ravaged economies, but larger, profitable fintech firms with the right digital products might still score funding.

Female-founded startups receive less that 3% of all global funding, a report found.

SigFig reportedly lays off a percentage of its workforce, while a former Fidelity marketing chief joins Personal Capital.

The sector may be edging into dangerous territory, analysts say.

The duo have been active in the venture capital space since departing the social media giant.

After his record $2.3 billion purchase of the Carolina Panthers, some clients became concerned the demands of owning an NFL team might be too distracting.

Andreessen Horowitz — one of the richest and most famous firms on Sand Hill Road — is giving up its VC designation.

The calculus has changed due to plunging coin prices and regulatory tightening, which raises the risk of forced refunds.

The latest funding round puts Acorns, led by CEO Noah Kerner, at a reported valuation of $860 million.

Current billing systems present a number of compliance oversight issues for larger financial institutions, says co-founder Alan Moore.

Efforts to build better connections to bank customer data, trade digital currency and explore artificial intelligence for security and compliance purposes were some of the biggest draws of fundraising for U.S. startups.

The cost of acquiring small account customers and pressure from incumbents quickly developing their own digital brands may be weighing on the popular app.

Amid a polarized climate, one firm is giving some clients what they've asked for.

Applications that tackle the industry's compliance issues, automate back-office processes and streamline clearing and settlements are drawing interest from venture capital firms.

Startups are applying AI and big data to determine how advisory clients make investment decisions in real time.

Just over half of all asset managers either have or are planning a “limited” number of machine learning initiatives.

Digital tools that help wealth management clients manage their emotions, he says, will have a big impact on the planning industry.

The fresh funding demonstrates the support behind the concept of simple apps that help consumers save and invest.

Industry critiques of Wealthfront reflect doubts about first-generation digital platforms.