#financial-technology

#financial-technology

In the future, financial management may shift from online tools to AI agents for conducting operations efficiently. [ more ]

Financial technology firm Figure Technologies is preparing for an IPO of its lending division, LendCo, by hiring investment banks including Goldman Sachs and JPMorgan.

Figure Technologies seeks to raise $50 million for its digital asset arm, led by CEO Mike Cagney.

Figure Technologies previously attempted to go public through a SPAC merger and a merger with Homebridge Financial Services, both of which fell through due to various factors. [ more ]

Rocket Mortgage's AI platform Rocket Logic processes 90% of data points automatically and reduces professional interactions by 25% yearly.

Under new CEO Varun Krishna, Rocket Mortgage piloted an AI virtual assistant for mortgage bankers, resulting in improved productivity. [ more ]

AI applications in fintech include customer onboarding, compliance, and risk tasks, enhancing scalability and reducing errors.

AI can assist in directing individuals to suitable financial products and trading decisions, although concerns exist about inclusivity in accessing AI benefits. [ more ]

Homeownership is a significant long-term investment with often illiquid wealth for homeowners.

Home equity investments (HEIs) offer a way for homeowners to unlock equity without additional debt, benefiting both homeowners and investors. [ more ]

Finanshels aims to solve the high cost of hiring finance experts for SMEs, automate accounting tasks, and provide real-time insights for decision-making. [ more ]

Griffin Bank obtained a banking license faster than Revolut.

Stripe achieved impressive growth and record startup formation in 2023. [ more ]

Grifin launched Adaptive Investing model aligning shopping habits with stock choices.

An evolution of the 'Stock Where You Shop' premise to make investing less intimidating. [ more ]