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The Startups: Who’s shaking things up (Week ending December 20th, 2015)

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The Startups: Who’s shaking things up (Week ending December 20th, 2015)
[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] Pave Raises $300 Million In The Latest Online Lending Push (WSJ) Interest rates, schminterest rates. The flood of credit flowing into online lenders just won’t stop. What digital wealth management can learn from successful online brokers with MyVest’s Charlie Haims (Tradestreaming) Charlie Haims has been influential in the success of Internet brokerage and now heads up marketing at MyVest – a tool that migrates wealth managers online, giving them their own “robo” solution. Mitsubishi UFJ Ties Up With Fintech Venture on Investing App (Bloomberg) Mitsubishi UFJ struck a deal with a financial technology company in a bid to boost investment trust sales by providing information through a smartphone app. nTrust’s Rod Hsu on differentiating in the competitive payments space (Tradestreaming) nTrust bridges payments across borders in its own way and is gunning for leadership globally from its Canadian home base. Trulioo Raises $15M from American Express, Others (TechVibes) Trulioo has raised $15 million from American Express Ventures and existing investors. Read Tradestreaming’s recent interview with Trulioo founder and CEO here. Bizfi Nabs $65M In New Funding (PYMNTS) Alternative small business lending platform Bizfi announces $65 million in new funding. TransferGo secures $2.5M investment round (Finextra) TransferGo has secured a $2.5M seed round led by Mark Ransford, former investor at Apax Partners; Voria Fattahi, former investor at Kinnevik; Clive Kahn, former Travelex CEO; and Richard Tudor, former partner at Exponent. Yirendai IPO Could Pave Way for More Fintech Listings (WSJ) Chinese online peer-to-peer lender Yirendai raised $75 million in an IPO on the New York Stock Exchange, opening the door to a possible wave of fintech listings. Photo credit: V31S70 / VisualHunt.com / CC BY

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