[alert type=yellow ]Every week, Tradestreaming highlights startups in the news, making things happen. The following is just part of this week’s news roundup. You can get these updates delivered direct to your inbox by signing up for the Tradestreaming weekly newsletter.[/alert]
OTAS Technologies’ Tom Doris is creating machines to do (part of) a trader’s job (Tradestreaming)
Traders are going to seeing a lot more AI and automation on the trading desk
After Fed, fintech hikes rates, too (Seeking Alpha)
Responding to the Fed’s rate hike last week, Lending Club ($LC) boosts rates on new loans on its platform by 25 basis points. Speaking to the WSJ, CEO Renaud Laplanche says it will be company policy to move in lockstep with the Fed’s future moves
Moven Launches E-Gifting and Affiliate Programs (Bank Innovation)
The banking service Moven is expanding its marketing efforts as 2015 comes to a close. The startup has launched an e-gifting service for the holidays, as well as an affiliate program
Gusto, Formerly ZenPayroll, Closes on $50 Million Funding (Finovate)
According to payroll and benefits provider, Gusto, these funds are part of the Google Capital-led $60 million Series B round announced in April
Stockpile raises $15M
Buying stock for your friend’s kid’s bar mitzva has never been easier than with Stockpile, the world’s first gift card for stock. The company just reported the closing of a $15M investment round with some high profile angels (Ashton Kutcher) and A-list VCs, Mayfield and Sequoia, participating.
RealtyMogul passes $150M milestone
Equity crowdfunding platforms seem to be hitting their early strides and RealtyMogul is enjoying the growth. The real estate-focused firm announced it had topped a total of $150M of investments transacted via its site.
Moven gets moving with more investment
Leading example of Bank 2.0, Moven, finished raising a fresh round of investment earmarked for international expansion.
InvestCloud closes $45M growth round
App platform for investment managers, InvestCloud, scores big investment. Here’s what InvestCloud is up to:
Founded in 2010, InvestCloud makes use of a technology founder John Wise calls“Programs Writing Programs” to develop new software without having to write much new code. Advisors can select from thousands of applets located on a cloud-based platform to assemble their own client portals, CRMs, reporting tools, or even a robo-advisor.
Hip Pocket rolls out new app
Hip Pocket is launching a mobile app that offers savings suggestions and facilitates deposits based on users’ incomes and goals. Its “swipe-to-save” technology is intended to encourage Americans to save more with their local banks.
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