The Startups: Who’s shaking things up (Week ending February 14, 2016)
5 trends we’re watching this week
[alert type=yellow ]Every week at Tradestreaming, we’re tracking and analyzing the top trends impacting the finance industry. The following is a list of important things going on we think are worth paying attention to. For more in depth trendfollowing, subscribe to Tradestreaming’s weekly newsletter (published every Sunday).[/alert]
1. [podcast] Stephane Dubois of Xignite on providing stock market data to (almost) all of fintech (Tradestreaming)
You can build your own apps or sell tools to others building apps. Xignite powers today’s top investment platforms with stock market data. Founder and CEO, Stephane Dubois joins Tradestreaming to discuss his 10+ years building stock market data products powering most of today’s top fintech platforms.
2. BBVA investment in Atom is a small step in a much larger plan (BANKNXT)
BBVA has invested $68 million in Atom Bank (here’s the story from Bloomberg). Daniel Gusev believes this is part of a much larger digital strategy for the bank.
3. Diebold To Acquire Wincor Nixdorf (PYMNTS)
Diebold will soon be the largest ATM maker in the world — if regulatory authorities approve its latest move to buy out rival Wincor Nixdorf.
4. The Disruption Of Millennial Investing (TechCrunch)
The media proliferates stories analyzing millennials’ work ethic, buying patterns and values. But what about investing? What’s changing with the way millennials invest?
5. First crowdfunding results: 70 go bust, one makes money (Telegraph)
Some celebrities, including Andy Murray, are investing in crowdfunding, but the risks are high. This article, based on one of the first studies out of the nascent equity crowdfunding field, shows just how risky early stage investing really is on these platforms.
[podcast] Stephane Dubois of Xignite on providing stock market data to (almost) all of fintech
Last week’s episode featured Vince Passione from LendKey — an innovative company turning offline lenders into online ones. In the rush to digital, we’re seeing pureplay fintech startups attempting their best to disrupt the industry.
Others take a different tack — they empower the existing banking, investing, payment providers to compete better with the tools and technologies their current and future clients are asking for.
Our guest on this week’s podcast is Stephane Dubois of Xignite. His firm empowers both old and new players with API feeds of financial market data. Most of the online investment platforms, from Wealthfront to Motif to Robinhood, are clients. And so are BlackRock and Charles Schwab.
A pioneer in the amazing things happening in fintech today, Stephane joins me on a recent trip to Jerusalem for a conversation about the future of investing, how investing technology and tools have changed over the past 10 years and how he thinks they’ll continue to change in the future.
Listen to the FULL interview
In this podcast, you’ll hear about the following:
- Xignite’s founder, Stephane Dubois and his pioneering stock market API data over 10 years ago
- How the fintech market and trends have changed over the past 10 years
- How to sell into top online investment firms like BlackRock, Charles Schwab, Wealthfront, and Robinhood
- The demands top players place on data providers in today’s market
- Where Stephane thinks fintech is headed in the near future
THIS WEEK’S SPONSOR
This week’s episode of the Tradestreaming Podcast was sponsored by Collective2 — automated trading for humans.
Choose one of the thousands of automated trading strategies at Collective2, and trade it in your brokerage account.
To learn more, go to www.collective2.com/tradestreaming and as a Tradestreaming listener, you will get $55 off the first strategy you publish to Collective2.
MORE RESOURCES
- Xignite (website)
EVEN MORE RESOURCES
The Startups: Who’s shaking things up (Week ending November 7th, 2015)
[x_alert type=”success”]Every week, Tradestreaming highlights startups in the news, making things happen. The following is this week’s news roundup. You can get these updates delivered direct to your inbox by signing up for the Tradestreaming weekly newsletter.[/x_alert]
List of the top 10 roboadvisor CEOs (Tradestreaming)
Tradestreaming Tearsheet: Everyone’s talking @ #roboadvisors and automated investing platforms. Leading startups in the space have raised hundreds of millions of dollars in venture capital and are managing billions of dollars in AUM. But, who are the CEOs running these firms? Who are the people behind this whole industry? Here are 10 of the best.
What will be the most valuable fintech companies in 2020? (Disruptive Finance)
Tradestreaming Tearsheet: Who will be the most valuable Fintech companies of 2020? Here’s an (educated) guess. More importantly, will the largest Fintechs still be focused on niche areas or will they expand into other sectors (like the largest global financial services companies have done)?
Opening up access to new investors in litigation finance (Tradestreaming)
Tradestreaming Tearsheet: Online finance isn’t just making plain vanilla investing/lending more efficient and cheaper to the end users – it’s also opening up entirely new ways to invest and entirely new investable assets available to the average investor. Tradestreaming’s interview with Jay Greenberg of @lexshares – he’s opening up litigation finance to everyone. Can this be an asset class that eventually everyone holds in their retirement portfolios?
Interview with TransferWise’s Taavet Hinrikus and Kristo Kaarmann (Business Insider)
Tradestreaming Tearsheet: The international money transfer startup became one of London’s few ‘unicorns’ in January when Silicon Valley’s Andreessen Horowitz invested. “That makes us here think, ok, we’re probably also at a very special point in time where we’re seeing the birth of whatever number of new global financial services companies.”
Xignite Records 50 Billion Financial Data API Calls per Month (bobsguide)
Tradestreaming Tearsheet: Xignite announced that in July it served more than 50 billion API requests from its market data cloud platform, breaking all previous company records and making Xignite among the top API cloud providers in the world. As fintech enables further unbundling of data and services, Xignite and others in the space are riding the trend.
The fintech Silk Road – what we can learn from China (Jessica Ellerm)
Tradestreaming Tearsheet: “Banks often look at disruption in terms of product impact, in other words, how general FinTech (including distributed ledger technology, P2P lending, third-party payments, etc.) will disrupt. In reality, the biggest threats lie in the changing structure of global markets.”
Kickstarter surpasses $2 billion in pledges (The Verge)
Tradestreaming Tearsheet: Kickstarter announced that more than $2 billion has been pledged in total on the platform. It took the company nearly five years to hit the mark but revenue growth is ramping. Has crowdfunding become a standard way companies finance new products in our age?
Invoice2go gets $15M to compete more directly with Square and PayPal (VentureBeat)
Tradestreaming Tearsheet: Invoice2go has provided small businesses with one tool—a simple way to create an invoice and send it to clients. Now, with $15 million in new funding, the company is preparing to expand more deeply into the small business product territory. Square and PayPal should probably be paying attention.