November 14, 2019 @ 7:35 am By Omar Faridi  |  

October Nederland, a financing platform for small and medium-sized enterprises (SMEs) in Europe, celebrated its one-year anniversary on October 31, 2019. The firm’s application to operate as a Netherlands-based lending platform was approved last year by the Dutch Authority for the Financial Markets. October (formerly… Read More

November 14, 2019 @ 2:12 am By Omar Faridi  |  

Madrid-based Banco Bilbao Vizcaya Argentaria (BBVA), a multinational Spanish banking group with $827 billion in total assets, recently revealed its successful third quarter results. BBVA, one of the world’s largest financial institutions, noted in a blog post on November 11 that its digital sales statistics… Read More

November 13, 2019 @ 11:45 pm By Omar Faridi  |  

Philadelphia, Pennsylvania-based FreedomPay, a global commerce solution developer, revealed on November 12 that it has teamed up with Marriott International in order to deploy the FreedomPay Commerce Platform across Marriott’s lodging portfolio. Marriott’s management says it intends to use FreedomPay’s platform in the US and… Read More

November 13, 2019 @ 5:50 pm By Omar Faridi  |  

Fintech Worldwide, a global innovation and events network that mainly focuses on Fintech, blockchain, and frontier technologies, announced on November 12 that it has teamed up with the New York-based Molinari Media, PBC in order to introduce TheIMPACT television and social media network. TheIMPACT will… Read More

November 13, 2019 @ 10:30 am By Omar Faridi  |  

Christian Catalini, co-creator of the Facebook-led Libra payment system and head economist at Calibra, a subsidiary of the social media giant that’s focused on developing a digital wallet for Libra, says he’d been doing research in the cryptocurrency and blockchain space for many years before… Read More

November 13, 2019 @ 10:03 am By Omar Faridi  |  

A senior executive at CMS, a law firm working with the National Bank of Hungary (MNB) on its Fintech strategy, says Hungary is “behind everyone” when it comes to adopting the latest digital banking technology. The CMS executive stated: “Hungarians do not use sophisticated Fintech… Read More

November 13, 2019 @ 9:45 am By Omar Faridi  |  

HSBC Holdings plc (HSBC), a British multinational investment bank and financial services holding company, and the Royal Bank of Scotland Group plc (RBS) are preparing to introduce their digital banking platforms in order to meet client requirements. HSBC Kinetic, the bank’s new digital banking platform,… Read More

November 13, 2019 @ 8:40 am By Omar Faridi  |  

A recent report published by global market intelligence company IDC has revealed that China’s blockchain industry is on track to experience substantial growth in the next few years. As reported by Xinhuanet, China’s blockchain ecosystem is expected to be valued at more than $2 billion… Read More

November 13, 2019 @ 1:32 am By Omar Faridi  |  

Shahjahan Chaudhary, director at National Incubation Center Karachi, the largest startup incubator in Pakistan, noted that applications are being reviewed for the third cohort of the Pak-US Tech Exchange, the nation’s premier technology exchange program. Chaudhary, an MBA graduate from the Institute of Business Management… Read More

November 12, 2019 @ 10:40 pm By Omar Faridi  |  

Wirecard, the developer of digital financial technology, is teaming up with HERE Mobility, in order to create integrated B2B2C payment and mobility services. HERE Mobility is HERE Technologies’ mobility unit. HERE Technologies provides location platform services, which are owned by leading automotive firms such as… Read More

November 12, 2019 @ 1:41 pm By Omar Faridi  |  

JP Morgan, the world’s sixth-largest bank, has reportedly acquired an undisclosed stake in Limeglass, the developer of a set of tools that eliminate information overload in order to help people focus on the “relevant paragraphs” of their financial market research. As one of JP Morgan’s… Read More

November 12, 2019 @ 10:31 am By Omar Faridi  |  

Open Financial Technologies Pvt Ltd, Asia’s first neobank for small and medium enterprises (SMEs) and startups, and MEDICI Global Inc, a Fintech research and innovation advisory company, have unveiled an extensive report on Banking-as-a-Service (BaaS) at the Singapore FinTech Festival. According to a release, the… Read More

November 12, 2019 @ 3:22 am By Omar Faridi  |  

Norris Koppel, founder and CEO at Monese, a mobile banking service for people who travel frequently, received the “Rising Star” award at Ernst & Young’s (EY) Entrepreneur of the Year Ceremony. Koppel has been recognized for his pioneering work in banking. Introduced 20 years ago,… Read More

November 12, 2019 @ 1:20 am By Omar Faridi  |  

Immersive Labs, a UK-founded cybersecurity skills platform, raised $40 million through a Series B investment round led by Summit Partners, a growth equity investor. New York-based investment bank Goldman Sachs also took part in Immersive’s latest funding round. Established in 2017, the company noted that… Read More

November 11, 2019 @ 9:57 pm By Omar Faridi  |  

The central bank of Singapore is preparing to extend additional funding for Fintech-related projects, because the five-year investment round ending in March has led to positive developments. The Monetary Authority of Singapore (MAS) will most likely announce additional funding plans in 2020, with key investments… Read More

November 11, 2019 @ 3:20 pm By Omar Faridi  |  

Singapore-based Fintech firm M-DAQ Pte, a company that develops over-the-top (OTT) applications to enable international business transactions for various industries, has reportedly won the backing of Samsung Group’s VC fund in order to expand its operations into South Korea and other regions. Following Samsung’s investment… Read More

November 11, 2019 @ 1:05 pm By Omar Faridi  |  

Wirex, a borderless payment platform, announced on November 11 that it will be introducing a new Visa Travelcard at the Singapore Fintech Festival. According to a release shared with Crowdfund Insider: “The multi-currency travel card will empower customers across the APAC region to seamlessly spend… Read More

November 11, 2019 @ 11:54 am By Omar Faridi  |  

Giant payments processor Mastercard will be revealing its new experience center at the Singapore Fintech Festival, an event where clients and their partners to discuss business ideas, potential opportunities for working cooperatively to develop new products and for present innovative technology solutions. The Mastercard Experience… Read More

November 11, 2019 @ 10:48 am By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, consumes more energy than entire countries such as Ireland and Switzerland. A newly developed decentralized application (dApp), called Power Transition, based on Hedera Hashgraph (a DLT-based platform that claims to be “faster, fairer, and more secure” than existing blockchain networks),… Read More

November 10, 2019 @ 2:48 pm By Omar Faridi  |  

IMMO Investment Technologies recently announced that it had completed a €72 million (appr. $79.3 million) funding round, with €11.5 million (appr. $12.6 million) in equity from Talis Capital, HV Holtzbrinck Ventures, Tom Stafford & Rahul Mehta of DST Global, and Mato Peric. IMMO Investment is… Read More