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Banking Sector Startups

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 57: Opening a Path for New Bank Formations

The Klaros Group’s Michele Alt joins Orrick partners Jerry Buckley, Caroline Stapleton and Walt Zalenski to explore actions needed to facilitate new bank formations, which have slowed to trickle in recent years. The...more

Ankura

Balancing Agility and Speed with Preparation and Stability: Importance of Governance in a Fintech Startup

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In all our work with clients, my evaluation and expectations around compliance readiness come down to one point: Governance. This can mean a variety of things when it comes to a compliance program, but overall, we boil it...more

Orrick, Herrington & Sutcliffe LLP

RegFi Episode 48: Digital Infrastructure, Fintech and the Future of Banking

Alex Acree, Chief Legal Officer at Unit, joins RegFi co-hosts Jerry Buckley and Caroline Stapleton to explore the role that a financial services infrastructure company can play in the evolving delivery of financial services...more

Foley & Lardner LLP

The Return of the Exit

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Startups have found themselves pivoting significantly over the past year. Exit plans have either swiveled or been put on hold as valuations have remained low, and there has not been a huge market for M&A or IPOs. But there...more

K2 Integrity

Pre-Investment Due Diligence for Private Funds

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Recent high-profile banking and startup failures demonstrate the importance of pre-investment due diligence across the marketplace. Given the size and scope of many deals, and the resulting capital at stake, it is important...more

UB Greensfelder LLP

How Silicon Valley Bank's Shutdown Affects Venture Companies

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Among America’s largest banks and formerly well-regarded by analysts, investors, and venture-backed companies alike, the sudden failure of Silicon Valley Bank (SVB) last week sent shockwaves through the venture capital and...more

McDermott Will & Emery

[Webinar] 2022 FinTech Investment Trends - February 24th, 3:00 pm - 4:00 pm GMT

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We invite you to attend our 2022 FinTech Investment Trends virtual panel discussion. Jointly hosted with Canary Wharf Group’s FinTech community, Level39, this event will explore the latest trends impacting the FinTech sector...more

McDermott Will & Emery

Video: Leaders Moving Business Forward with Kirupa Pushparaj of Step

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More than 47% of the world's population and 30% of the US population do not have access to a bank account. Step, the banking app, is helping to foster financial literacy in teens and other traditionally underserved...more

Robins Kaplan LLP

Financial Daily Dose 10.11.2021 | Top Story: Apple Appeals Epic Games Verdict, Seeks Stay of Enforcement

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Apple has officially appealed the September verdict in its years-long battle with Epic Games that was set to “require the tech giant to tweak its strict App Store rules and force it to allow app developers of ways to pay for...more

Bradley Arant Boult Cummings LLP

A Fintech Leader’s Thoughts on the North Carolina Regulatory Sandbox Act

As part of Bradley’s continuing coverage of the North Carolina Sandbox Act, we wanted to know what community members and NC fintech aficionados thought about this proposed legislation. We posed six questions to Tariq Bokhari,...more

Goodwin

Fintech 2020: A Global Survey on the State of Financial Technology

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Letter from Our Co-Chairs - As the digital transformation of financial markets accelerates at breakneck speeds, fintech presents significant opportunities and challenges for both investors and innovators around the world. ...more

Goodwin

UK ‘Future Fund’ Update

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The British Business Bank has opened the application process for the Future Fund, a new fund that provides financing to UK start-ups and scale-ups in the form of a convertible loan which is invested directly by the UK...more

Goodwin

Financial Services Weekly Roundup: April (Liquidity) Showers Bring May Borrower Protection

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In this Issue: Senate Votes to Expand Paycheck Protection Program; FHFA (Finally) Addresses Liquidity Concerns for Mortgage Servicers. Yesterday, the U.S. Senate unanimously passed legislation providing $484 billion in...more

White & Case LLP

Financial institutions M&A: Sector trends - February 2020: Unicorns trail-blaze the London financial services landscape

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Financial institutions M&A sector trends: fintech — H2 2019 and outlook for 2020. British thoroughbreds dominate the downs—London has overtaken New York as the world's #1 hub for fintech investments. Unicorns are not...more

Bradley Arant Boult Cummings LLP

De Novo Banks on the Rise

From 2000 to 2007—the seven years leading up to the recent financial crisis—the FDIC received more than 1,600 applications for deposit insurance, an average of more than 200 per year. More than 1,000 new banks ultimately were...more

Robinson+Cole Data Privacy + Security Insider

Cryptocurrency Debit Card Startup Founders Indicted

The U.S. Attorney’s Office in the Southern District of New York has announced that a federal grand jury has returned an indictment against three Florida men who co-founded cryptocurrency company Centra Tech, Inc. The...more

Robins Kaplan LLP

Your Daily Dose of Financial News

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A banner round of stress-testing for the US’s biggest banks (all passed for the first time in the test’s 7-year history) is seen as paving the way for banks to pay out their largest dividends in nearly a decade....more

Robins Kaplan LLP

Your Daily Dose of Financial News

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With complaint piling up, Fannie Mae has decided to stop selling REO properties to Vision Property, the rent-to-own home business that’s been the subject of predatory-lending investigations of late....more

Robins Kaplan LLP

Your Daily Dose of Financial News

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Snap Inc. filed its first public prospectus yesterday in advance of its fast-approaching offering date, playing up the strength of its ad revenue in just two short years as part of its pitch for big-time value....more

Perkins Coie

Reserve Bank of India Permits Startups to Raise Up to $3 Million in ECB

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The Reserve Bank of India announced new rules permitting startups to raise a maximum of USD 3 million or equivalent through external commercial borrowings (ECB) in a financial year. The decision, effective as of October 27,...more

Bradley Arant Boult Cummings LLP

CFPB Sends Clear Message That FinTech Start-Ups Have Same Obligations as Established Companies

In a clear message to FinTech start-ups, on September 27, 2016, the Consumer Financial Protection Bureau (CFPB) ordered online lender Flurish, Inc. to pay $1.83 million in refunds and a civil penalty of $1.8 million for...more

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 7.26.16

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Private equity bigwig Lynn Tilton has reportedly hired appellate superstar Paul Clement (after Gibson Dunn got the boot) to represent her in her “bid to revive her challenge to the [SEC’s] in-house court at the Second...more

Robins Kaplan LLP

Your daily dose of financial news The Brief – 2.22.16

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With China’s top securities regulator, Xiao Gang, officially on the outs, the Times takes a look at the difficult road ahead for replacement Liu Shiyu in one of the most thankless jobs in China—where “the pay is too low and...more

Robins Kaplan LLP

Your daily dose of financial news The Brief – 1.4.16

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Welcome back. Let’s get right to it. With the new year only a few days old, there’s still plenty looking back going on. Here’s some analysis of the monumental year in deals—all $4.7 trillion-worth—that was marked not...more

Goodwin

Financial Services Weekly News - November 2015

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Regulatory Developments - Client Alert: SEC Issues New Guidance on Excluding Shareholder Proposals under Rule 14a-8: Goodwin Procter’s Capital Markets practice has released a client alert on the SEC’s Division of...more

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