In early 2017, Lloyd Blankfein (Goldman Sachs CEO) stated “We are a technology firm. We are a platform.” Goldman Sachs still has a long way to go, but is taking steps in the right direction to effectively employ digital technologies. What does this mean for the future of the traditional investment banking industry? Is human capital still a bank’s greatest asset?
Tala has been a pioneer in the alternative lending space. Founded by Shivani Siroya, the Santa Monica based company has demonstrated tremendous success in providing credit to people who are unbanked. Tala uses machine learning from a user’s smartphone to […]
Correlation Ventures leverages a comprehensive database on VC financings and an associated predictive model to make rapid VC investment decisions based on data.
Roby advisory (“robos”), are low-cost automated investment platforms that utilizes mathematical algorithms to support investment decisions and create diversified financial portfolios. Analysts predict that by 2020 broadly defined robo advisory services are expected to manage between $2.2 to $3.7 trillion in assets. Can they replace a human Financial Advisor and become the main stream asset allocation solution?
Financial institutions are increasingly turning to nontraditional forms of data to evaluate creditworthiness. Lenddo is one of the start-ups seeking to change the way individuals are evaluated.
Lenddo and EFL are trying to achieve financial inclusion of underbanked population by using alternative scoring model using social media, mobile phone and psychometric data.
Lufax: The World’s Largest P2P Lending is Pivoting from Core Business
Quantopian provides tools and data for quant developers to come up with investment algorithms. After, freelancers create and share the algorithms, Quantopian managers evaluate them to pick the investable ones.
Quantopian enables anyone to build their own trading algorithm and win prizes for performance. In addition to providing a platform for creating and testing trading algorithms, Quantopian puts capital allocation in their own fund behind successful user created algorithms, sharing net profits with the algorithm author.
How Venmo founders created a leading platform in the mobile payment space.
