July 14, 2020 @ 1:13 pm By Samantha Hurst  |  

Auriga, an Italy-based company specializing in omnichannel banking solutions,  announced on Tuesday the opening of its two new branches in Spain and Mexico, following its international expansion strategy. Founded in 1992, Auriga describes itself as a software solutions company that specializes in end-to-end systems that integrate… Read More

July 14, 2020 @ 11:44 am By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Tuesday it will be offering  “Buy Now, Pay Later” (BNPL) payments for physical retail stores in the U.S. market to shoppers paying with Google Pay. Afterpay reported that under this new… Read More

July 14, 2020 @ 9:54 am By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Tuesday the official launch of its Binance Card in Europe and the UK. According to Binance, the card will enable users to convert and spend BTC, BNB, SXP, and BUSD to fiat at more than 60 million merchants across 200… Read More

July 14, 2020 @ 9:19 am By Samantha Hurst  |  

  UK banking group Barclays announced on Tuesday the launch of its new digital advice service, Barclays Plan & Invest, which notably aims to tackle the UK’s advice gap and give more people the confidence and support to invest their savings. According to Barclays, the… Read More

July 14, 2020 @ 9:10 am By Samantha Hurst  |  

Bbot Inc., a restaurant and hospitality tech startup dedicated to simplifying and improving the ordering and payments process, today announced a $3 million seed funding round led by Craft Ventures, an early-stage venture fund headquartered in San Francisco. Founded in 2017, Bbot states it offers… Read More

July 14, 2020 @ 8:08 am By Samantha Hurst  |  

Payments platform Square recently announced it has acquired Stitch Labs, an operations management platform for growing commerce brands. The acquisition comes less than a month after Square acquired Spain-based P2P payments app, Verse.  Founded in 2011, Stitch Labs describes itself as the leading operations management… Read More

July 14, 2020 @ 7:56 am By Samantha Hurst  |  

Snowball Money, an app-based platform that seeks to help users generate more money from their crypto investments, has hit its $600,000 maximum funding goal through its Regulation CF (Reg CF) round on crowdfunding platform, Republic. The campaign has attracted more than 1,900 investors.  Founded in 2018,… Read More

July 13, 2020 @ 4:01 pm By Samantha Hurst  |  

Foxquilt, a Canada-based insurtech startup, recently announced it secured $3.5 million through its seed funding round. Founded in 2016, Foxquilt describes itself as an insurtech company that’s focused on empowering social groups and B2B networks to save on Small Business and Home insurance. “Our Insurance-as-a-Service… Read More

July 13, 2020 @ 3:17 pm By Samantha Hurst  |  

Canada-based point-of-sale financing and payment tech provider Flexiti recently announced Memory Express, a leading retailer of computer products and services with 12 locations across Canada, has launched its omni-channel financing solution. Flexiti reported that with its buy now pay later solution, customers may apply for a… Read More

July 13, 2020 @ 2:55 pm By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Monday it has launched a paper trading (PT) competition, dubbed Rey del Papel, to allow users to test their trading skills against each other and win prizes of up to 5,000 Tether (USDt). According to Bitfinex, the competition will… Read More

July 13, 2020 @ 2:25 pm By Samantha Hurst  |  

U.S. fintech Robinhood has reportedly secured an additional $320 million in funding through its Series F investment round. Robinhood previously announced it raised $280 million through the round, which was led by Sequoia Capital.  Founded in 2013, Robinhood is on a mission is to democratize… Read More

July 13, 2020 @ 11:52 am By Samantha Hurst  |  

UK-based insurtech Honcho has launched an equity crowdfunding campaign on Seedrs. The new crowdfunding campaign less than six months after raising nearly £900,000 through its Crowdcube round. Honcho revealed that the Seedrs campaign is a follow-on round from the £1.2 million crowd raise completed in April… Read More

July 13, 2020 @ 9:34 am By Samantha Hurst  |  

  Shift Connect, Canada-based global payments and foreign exchange platform, announced on Monday it has formed a new partnership with cross-border payment platform Currencycloud to power its expansion into new territories, which includes the U.S., Europe, and the UK. Through the partnership, Shift Connect will… Read More

July 13, 2020 @ 8:15 am By Samantha Hurst  |  

Standard Chartered Bank announced on Monday it and Universities Space Research Association (USRA) have signed a Collaborative Research Agreement to partner on quantum computing research and developing quantum computing applications. Standard Chartered reported that its team, led by Dr. Alexei Kondratyev, Global Head of Data… Read More

July 13, 2020 @ 7:56 am By Samantha Hurst  |  

Digital banking group Monese has joined forces with Austria-based specialized payments platform Paysafe to provide its customers with access to cash services. According to the duo, Monese customers may now conveniently add cash into their account by selecting Paysafecash as the top-up method. Monese currently… Read More

July 12, 2020 @ 11:21 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital is set to close its fourth equity crowdfunding campaign on Seedrs with nearly £700,000 raised from close to 600 Seedrs investors. The funding round was launched last month to raise a minimum of £500,000.  As previously reported, Assetz Capital… Read More

July 12, 2020 @ 11:14 pm By Samantha Hurst  |  

The Sports Edit, a UK-based e-commerce retailer, has successfully secured its initial £650,000 equity crowdfunding target on Crowdcube. Launched in 2015, The Sports Edit describes itself as a multi-channel reticle that offers “carefully” curated selection of premium activewear and accessories. “Our whole team is passionate… Read More

July 10, 2020 @ 10:48 pm By Samantha Hurst  |  

Equipsme, a UK-based startup that is aiming to democratize health insurance by making it an affordable reality for businesses of all sizes, has successfully secured its initial £500,000 equity crowdfunding target on Crowdcube. The company is now offering 4.64% in equity at a £10,922,896 pre-money… Read More

July 10, 2020 @ 3:37 pm By Samantha Hurst  |  

Thimble, a U.S.-based insurtech startup that helps small businesses succeed on their own terms, announced on Thursday it has released a new API for partners who serve the small business and professional services communities. Thimble reported that With the Thimble API, partners can offer flexible insurance… Read More

July 10, 2020 @ 2:44 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Friday the winners of a $200,000 grant program aimed at helping its small business customers recover from economic hardship caused to the global COVID-19 pandemic. Lendio reported that Through the program, 23 small business owners have been selected to… Read More