peter thiel

TransferWise Joins the Internet Association

International money transfer platform TransferWise has joined the Internet Association, a Washington, D.C.-based organization representing internet-related businesses. TransferWise co-founder Kristo Käärmann explains the move. “At TransferWise, we’re helping people manage their money by making it fair, fast and low-cost to send ...

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World Bank Group arm bets big on Kreditech

German fintech Kreditech has attracted €10 million from International Finance Corporation, part of World Bank Group. Led by J.C. Flowers & Co., Peter Thiel and Amadeus Capital, the round also attracted existing shareholders Värde Partners, Blumberg Capital and HPE Growth Capital. The ...

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Mortgage fin-tech Blend celebrates $40M Series C

Silicon Valley startup Blend has raised $40 million in Series C funding. Founders Fund led the round, while existing investors Lightspeed Venture Partners and Formation 8 also participated. Funds are earmarked for talent acquisition and marketing. Timing of the funding round is perfect, as the mortgage ...

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Americans starting to embrace emerging fin-tech: survey

The results of a new survey released by peer-to-peer international money transfer platform TransferWise suggest Americans are warming to fin-tech companies in a big way. “The future of finance: How technology is democratizing the financial services sector” is the result ...

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TransferWise to employ ACI’s UP Framework

International money transfer platform TransferWise has selected ACI Worldwide’s UP Framework to power its global network. UP Framework addresses all payment processing steps for any parent type, channel, currency or network, and will allow TransferWise toads more payment types to ...

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Peter Thiel among Kreditech Series C backers

PayPal Co-Founder Peter Thiel is among the backers of German consumer fintech company Kreditech’s Series C round which was announced this week. Mr. Thiel’s initial involvement was as a bridge funder earlier this year, where he was joined by Amadeus ...

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