August 14, 2020 @ 10:40 pm By Samantha Hurst  |  

SWIPEBY, a SaaS+ platform seeking to turn restaurants into a virtual drive-thrus with curbside pickup, is now seeking funding through its Regulation CF (Reg CF) campaign on Republic. Founded in 2017, SWIPEBY launched as a food-ordering app that turns any restaurant into a “drive thru.” “The… Read More

August 14, 2020 @ 10:09 pm By Samantha Hurst  |  

  Sophia Technologies, a UK-based on-demand marketplace for the private tuition industry, has successfully secured its initial £300,000 equity crowdfunding target through its Seedrs campaign. Launched in 2019, Sophia’s key mission is to provide a more accessible, convenient, safe, and efficient way of supporting education… Read More

August 14, 2020 @ 7:00 pm By Omar Faridi  |  

Kyle Sonlin, the founding partner at the Security Token Group and the CEO at Security Token Market (STM), notes that every month, the STM research group compiles the security token trading and data analysis report. Sonlin writes: “The headline this month in the security token… Read More

August 14, 2020 @ 6:58 pm By Omar Faridi  |  

Malaysia-based Fintech startup Versa Asia Sdn Bhd, which offers an app to manage and preserve idle cash, revealed on August 14, 2020, that it has appointed key board members. According to a statement from Versa, the Fintech firm has appointed Datuk Noorazman Abd Aziz and… Read More

August 14, 2020 @ 6:06 pm By Omar Faridi  |  

Qtum (QTUM), an open-source public blockchain-enabled platform that leverages the security of UTXO while enabling several virtual machines including the Ethereum Virtual Machine (EVM), has joined the Flipside Data Cooperative. As mentioned in a blog post by Qtum, the Flipside Data Cooperative is a transparency initiative… Read More

August 14, 2020 @ 5:56 pm By Omar Faridi  |  

Guided by the government’s Fintech focused development plan and innovation strategy, China is reportedly leading the charge when it comes to establishing financial technology businesses in the country. A recent survey of business Fintech usage, performed by CPA Australia, an established accounting firm, reveals that… Read More

August 14, 2020 @ 2:19 pm By Samantha Hurst  |  

U.S. insurtech startup Kin Insurance announced on Thursday it secured $35 million through its Series B investment round, which was led by  Commerce Ventures with participation from Hudson Structured Capital Management Ltd. (doing its reinsurance business as HSCM Bermuda), Flourish Ventures, QED, Alpha Edison, Allegis… Read More

August 14, 2020 @ 2:03 pm By Samantha Hurst  |  

Cloud-based accountancy software provider FreeAgent announced on Thursday it has launched an integration with NatWest’s online banking to allow its customers to oversee, plan, and protect their businesses. The company also announced its new partnership with UK insurer Hiscox to allow businesses to obtain an… Read More

August 14, 2020 @ 1:44 pm By Omar Faridi  |  

The United Kingdom and the Bank of Thailand (BoT) have reportedly committed to a Memorandum or Understanding (MoU) on financial services, in order to support inclusive economic growth and development. The UK government and the BoT signed the MoU on August 7, 2020, according to… Read More

August 14, 2020 @ 12:43 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS), the nation’s central bank and financial regulator, recently revealed that it will commit S$250 million (appr. $182 million) in capital over the course of the next three years, in order to support the country’s financial industry. The funds are being… Read More

August 14, 2020 @ 10:41 am By Omar Faridi  |  

  The Qatar Fintech Hub (QFTH), which supports financial technology service providers in Qatar and globally, confirmed recently that it has received applications from companies that are interested in establishing their operations in the Middle East. These companies are looking for a launch-pad or accelerator… Read More

August 14, 2020 @ 10:33 am By Omar Faridi  |  

The Seychelles registered Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives exchange, announced on August 14, 2020, that it will be introducing a user verification program. The Hong Kong-operated exchange noted that it will be launching its User Verification Program “at 00:00 UTC on… Read More

August 14, 2020 @ 10:21 am By Samantha Hurst  |  

The Federal Reserve Bank of Boston announced on Thursday it has formed a multi-year partnership with the Digital Currency Initiative at the Massachusetts Institute of Technology (MIT) for research related to a central bank digital currency. According to the organization, this research project will explore… Read More

August 14, 2020 @ 9:15 am By Samantha Hurst  |  

  AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Friday it has launched Tech Rising, an initiative spearheaded by the AvidXchange Foundation that aims to remove barriers to technology education and resources for youth and young… Read More

August 14, 2020 @ 8:05 am By Samantha Hurst  |  

Mastercard announced on Friday it has formed a global commercial partnership with merchant software platform, Pollinate. Through the collaboration, the duo will reportedly bring the latest technology and data insights to banks serving small and medium businesses around the world. In a statement, the companies… Read More

August 13, 2020 @ 11:43 pm By Omar Faridi  |  

The next or upcoming UK Budget will have to be the “most pro-business ever” so that it can counter the negative impact of the recession, according to the Federation of Small Businesses (FSB), a member-led, non-profit and non-party organization that represents SMBs. The United Kingdom… Read More

August 13, 2020 @ 10:45 pm By Samantha Hurst  |  

  PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Thursday it secured $100 million through its Series C funding round, which was led by Eldridge and includes existing PayActiv shareholders Generation Partners and the Ziegler Link•Age Fund II. As previously reported,… Read More

August 13, 2020 @ 10:40 pm By Samantha Hurst  |  

 Mastercard announced earlier this week it has a new low-cost payment solution, called SME-in-a-Box,  to allow small business owners to move their businesses online and accept a range of digital payments from their customers. According to Mastercard, SME in a Box offers a low-cost acceptance… Read More

August 13, 2020 @ 10:33 pm By Samantha Hurst  |  

  Loanpal, a U.S.-based residential solar financing provider, announced on Thursday it has joined forces with Blackstone (NYSE: BX), through funds managed or advised by GSO Capital Partners, to invest in up to $300 million of residential solar loans originated and serviced on the Loanpal… Read More