Coinbase has added margin trading to its bitcoin exchange

 GDAX, the cryptocurrency exchange run by Coinbase, has added margin trading to the platform.
Eligible traders can now trade up to 3X levered orders on Bitcoin, Ethereum and Litecoin order books.
If you’re unfamiliar with trading and exchanges, margin trading is when you borrow money from your broker to buy or sell more stock than you can afford. It’s essentially a short-term loan. Read More

Pit.ai puts a financial twist on reinforcement learning to outperform hedge funds

 Most hedge funds don’t make money. This hasn’t stopped a growing list of startups from trying their hands at employing machine learning to tip the scales in their favor. But Pit.ai, a new machine learning-powered hedge fund, adopted into the YC W17 class, thinks it can best Numerai, Quantopian and others with its own unique recipe for automating money making. Read More

IBM unveils Blockchain as a Service based on open source Hyperledger Fabric technology

 IBM unveiled its “Blockchain as a Service” today, which is based on the open source Hyperledger Fabric, version 1.0 from The Linux Foundation. IBM Blockchain is a public cloud service that customers can use to build secure blockchain networks. The company introduced the idea last year, but this is the first ready-for-primetime implementation built using that technology.… Read More

Arthena uses data science to find the best investments in art

art We all have our opinions about art (even if that opinion is just I don’t get it) — but what about art as an investment? Arthena, which is part of the current batch of startups at Y Combinator, says it can help investors make money reliably from art. Founder and CEO Madelaine D’Angelo said Arthena first launched as an equity crowdfunding platform for purchasing… Read More

Equity podcast: The return of IPOs and Tesla’s billion-dollar bet

 One down, many more to go! The first episode of TechCrunch’s latest podcast, Equity, our venture capital-focused podcast is out.
This week, TechCrunch’s Matthew Lynley, CrunchBase editor-in-chief Alex Wilhelm and I sat down with investor and SaaStr founder Jason Lemkin to talk about Tesla’s $1 billion raise, the return of IPOs and recent acquisitions in the technology… Read More

Venmo – Venmo

Venmo - Venmo  artwork

Venmo

Venmo

Genre: Finance

Release Date: April 2, 2010


Venmo is the simple and fun way to send and receive money between friends. Whether you’re splitting a dinner bill, concert tickets, or the cost of a road trip, Venmo removes the awkward talks over who owes what.

Just send or request your payment with a message or emoji combo of your choice, then comment on and like all your favorite splitting moments.

“#1 app college students should download right now” – BuzzFeed

A few more quotes that make us blush:
“One of the 50 Best Apps of the Year” – Time
“The crown jewel of all finance apps” – Forbes
“Revolutionized the mobile payment space” – Vanity Fair
"Just Venmo me” has become synonymous with "pay me back" or "I got it." – Business Insider

The Venmo magic:
• Transfer money easily and quickly using a friend's name, @username, phone or email.
• Find friends automatically by syncing your Facebook or phone contacts.
• Stay in control of what you owe, what friends owe you and what you’ve bought.
• Make purchases in select apps using Venmo, so you can split and share your finds with friends more easily.
• Venmo uses data encryption to protect your financial information. That means we keep your actual card or bank information private by not sharing it when you send money or make purchases.

Venmo is a service of PayPal, Inc., a licensed provider of money transfer services.
All money transmission is provided by PayPal, Inc. pursuant to PayPal, Inc.'s licenses.
Visit https://venmo.com/legal/us-licenses/ for additional information. © 2017 PayPal.

© © 2009-2017 PayPal, Inc.

Koho, a mobile-only suite of financial services for millennials, launches in Canada

 The world of consumer financial services has been turned upside down by the rise of newer technology like apps and the growing expectation from people that they should have a lot more flexibility and access when it comes to controlling how they spend and save their money. The latest development on this comes out of Canada, where a new startup called Koho is launching a service aimed at… Read More

Starling Bank, a digital-only UK challenger bank, launches beta

 Starling Bank, one of a number of digital-only or so-called “challenger” banks in the U.K., is launching a beta of the app that powers its current account, the first time it has been available beyond a very small group of private testers close to the company. Read More