social finance

Amid the rising popularity of social finance platforms and the increasing challenges faced by the crypto industry, security breaches remain a pressing concern. What Happened: In a recent incident, friend.tech wallet fell prey to a phishing scam, resulting in the loss of 22 Ether (CRYPTO: ETH)...

The social finance platforms industry is still in its early stages of seeing significant growth and rapid performance from a single app with a significant impact on usage statistics. Social finance platforms include Stars Arena, Friend.tech, Alpha on the Bitcoin network, Friendzy on...

Heading into 2019, there was plenty of chatter about this being the year that a no-fee exchange traded fund would come to market. It looks like that's going to happen, but the source of first free ETF is surprising some industry observers. What Happened Charles Schwab Corp. (NYSE: SCHW),...

Anthony Noto, considered perhaps to be Twitter Inc (NYSE: TWTR)'s most visible executive aside from CEO and co-founder Jack Dorsey, quit his post as COO of the social media company to accept the role of CEO of Social Finance, a financial technology company. The Analyst KeyBanc Capital Markets...

Twitter's Chief Operating Officer Anthony Noto, perhaps the most visible Twitter Inc (NYSE: TWTR) executive aside from CEO Jack Dorsey, could leave the social media to accept the CEO job at Social Finance Inc., according to a recent report from The Wall Street Journal. That's not great...

Entrepreneurs often complain that federal regulations of the finance industry impede radical advances in technology. Venture capitalist Adam Boyden has a different take. “Fintech is highly regulated. I have decided that it is an advantage,” said Boyden, managing director at RPM Ventures...

After LendingClub Corp (NYSE: LC) discovered $22 million in loans were sold that didn’t meet buyer requirements during an internal review, the CEO and founder (who was complicit) was forced to resign, and the company has been the subject of heightened scrutiny. Market Response Many market...