July 16, 2020 @ 4:08 pm By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Thursday it has acquired Instantor, a European provider of credit decision solutions based on open banking technology. Tink reported that the acquisition is part of its strategy to continue to invest in… Read More

July 16, 2020 @ 4:02 pm By Samantha Hurst  |  

UK challenger bank Monzo announced on Wednesday the launch of its new account, Monzo Plus. The digital bank reported that the account was created to help users get a “grip” on their finances with features like other bank accounts, credit cards, and credit scores through… Read More

July 16, 2020 @ 3:51 pm By Samantha Hurst  |  

Teller, a blockchain project for decentralized lending incubated by A16Z’s crypto startup school, announced on Thursday it secured  $1 million through its seed investment round, which was led by Framework Ventures with participation Parafi Capital and Maven11 Capital. Teller revealed it is on a mission… Read More

July 16, 2020 @ 10:01 am By Samantha Hurst  |  

  Circit, an Ireland-based fintech startup, announced on Thursday it secured €1.1 million in new financing for its audit confirmation platform. Founded in 2017, Circit describes itself as a financial audit management platform that provides real-time visibility of audit confirmations as well as direct connections… Read More

July 16, 2020 @ 9:36 am By Samantha Hurst  |  

Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has formed partnerships with key players of India’s payments ecosystem, which includes Paytm Payments Bank, PhonePe, PayU, Citibank, DBS Bank, HDFC Bank, BharatPay, and Unimoni, to roll out a comprehensive payment service… Read More

July 16, 2020 @ 8:53 am By Samantha Hurst  |  

Cryptocurrency trading platform PrimeXBT announced on Wednesday it has further grown its list of expansive trading instruments by adding new assets and trading pairs. PrimeXBT reported that it has offered all of the major forex currencies, such as  USD, GBP, EUR, and JPY, making up… Read More

July 16, 2020 @ 7:38 am By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it reached its extended fundraising goal of $17,000,000 in partnership with BnkToTheFuture. According to Celsius Network, more than 700 qualified investors from all over the world have already participated in the round since June…. Read More

July 15, 2020 @ 3:47 pm By Samantha Hurst  |  

  Imagen, a UK-based biotech company, is set to close its equity crowdfunding campaign on Crowdcube with nearly £900,000 in funding secured. The funding round was launched last month originally seeking £600,000. It has now attracted more than 640 Crowdcube investors.  As previously reported, Imagen… Read More

July 15, 2020 @ 2:34 pm By Samantha Hurst  |  

Cross-border payment platform Currencycloud announced on Wednesday it has been granted an e-money license from the Dutch Central Bank (De Nederlandsche Bank), allowing it to continue operating across the EU. According to Currencycloud, the license is one of only seven issued to non-banks by the… Read More

July 15, 2020 @ 2:25 pm By Samantha Hurst  |  

Digital bank Revolut announced on Wednesday that Revolut U.S. has officially made its debut. According to Revolut, U.S. customers are now able to buy, hold, and exchange Bitcoin as well as Ethereum. Users may also automatically round-up their spare change from their Revolut card into… Read More

July 15, 2020 @ 2:15 pm By Samantha Hurst  |  

BitGo, digital asset financial services provider, announces API support for the Financial Action Task Force (FATF) Travel Rule. BitGo claims it is the first wallet provider to come to market with a solution for the Travel Rule for its cold and hot wallet services by… Read More

July 15, 2020 @ 1:40 pm By Samantha Hurst  |  

Global payables platform Tipalti announced on Wednesday it has surpassed $11 billion in annual transactions. Tipalti reported that despite the economic headwinds caused by the COVID-19 pandemic, it has continued to achieve high growth, ending the second quarter of 2020 at an over 80% growth… Read More

July 15, 2020 @ 12:57 pm By Samantha Hurst  |  

Bond Financial, a U.S. fintech platform, announced on Wednesday it secured $32 million through its Series A funding round, which was led by Coatue with participation from existing seed investor Canaan and new strategic investors Goldman Sachs and Mastercard.  Founded in 2019, Bond states its on… Read More

July 15, 2020 @ 11:10 am By Samantha Hurst  |  

China Finance Online Co. Limited (NASDAQ GS: JRJC), a web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, announced… Read More

July 15, 2020 @ 10:24 am By Samantha Hurst  |  

Digital Asset, the creators of the open-source DAML smart contract language, announced on Tuesday VMware has joined its Series C funding round, which was announced in December 2019. VMware notably joins technology leaders Salesforce Ventures and Samsung Venture Investment Corp (Samsung) as investors in Digital Asset… Read More

July 15, 2020 @ 9:52 am By Samantha Hurst  |  

Open banking platform Railsbank recently announced it has formed a partnership with Portugal-based The Fintech House. According to Railsbank, The Fintech House started in 2019 and is an initiative of Portugal Fintech. “[The Fintech House] was a natural step to keep developing this ecosystem after… Read More

July 15, 2020 @ 8:01 am By Samantha Hurst  |  

  Small business funding platform Biz2Credit announced on Tuesday its latest Biz2Credit Small Business Lending Index revealed the approval percentage for small business loan applications at big banks ($10 billion+ in assets) rebounded from just 11.5% in May to 13.5% in June. According to the Index,… Read More

July 14, 2020 @ 3:19 pm By Samantha Hurst  |  

Independent digital wealth management platform Marstone announced on Tuesday it has teamed up with custody and learning engine Apex Clearing to launch a fully integrated digital wealth solution. According to the duo, this new partnership will benefit investment management firms, insurance companies, and organizations with… Read More

July 14, 2020 @ 1:40 pm By Samantha Hurst  |  

Global fintech platform Nium (formerly known as InstaReM) announced on Tuesday it has expanded Visa Card insurance service in Europe. This news comes just after Nium announced similar services in Australia. Founded in 2015 as InstaReM, Nium is on a mission to improve the cross-border… Read More

July 14, 2020 @ 1:20 pm By Samantha Hurst  |  

Global digital asset exchange, Gate.io announced on Tuesday the official launch of its Options trading feature. According to Gate.io, the new feature allows BTC/USDT short-term Options trading and Simulation trading for “Call and Put” options that are expiring in the next one, four, and twenty-four… Read More