July 10, 2020 @ 9:50 am By Samantha Hurst  |  

Houst, a UK-based short-let management company, is set to close its latest equity crowdfunding campaign on Seedrs with nearly £4.5 million raised. The funding round has attracted more than 475 Seedrs investors and was approved from the Future Fund, a UK government initiative to support… Read More

July 10, 2020 @ 8:08 am By Samantha Hurst  |  

Russian banking group Sberbank announced on Thursday the launch of SberPay, which is a new system for payment services. According to Sberbank, SberPay allows users to pay for purchases both online and offline. “SberPay is absolutely free for retail customers. Fees for using SberPay’s online… Read More

July 10, 2020 @ 7:54 am By Samantha Hurst  |  

Senso, a Canadian cloud-based AI platform that enables financial service providers to manage and grow their consumer credit portfolios, has reportedly secured $3 million through its pre-Series A funding round, which was led by Mendoza Ventures and BreakawayGrowth. Founded in 2016, Senso stated it is… Read More

July 10, 2020 @ 7:42 am By Samantha Hurst  |  

Broctagon Fintech Group, a multi-asset liquidity and technology provider headquartered in Singapore, recently announced it has enhanced cryptocurrency depositing systems for brokers with CRM upgrade. According to Broctagon, the update adds more than 40 new cryptocurrencies for brokers to accept deposits in. “Traders can now… Read More

July 9, 2020 @ 9:35 pm By Samantha Hurst  |  

Current accounting and tax platform Coconut is set to close its latest equity crowdfunding campaign on Crowdcube with more than £2 million secured. The funding round was launched last month, originally seeking £700,000 in funding. As previously reported, Coconut describes itself as a current account that… Read More

July 9, 2020 @ 9:29 pm By Samantha Hurst  |  

Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has launched its all-in-one payment integrated solution in Mexico. This news comes just a little over a month after the company launched its solution in the UK.  According to Rapyd, the solution… Read More

July 9, 2020 @ 9:23 pm By Samantha Hurst  |  

Just a few months after launching its services in Latvia, PaySafeCard, an Austria-based fintech that is part of the Paysafe Group, has made its debut in Bulgaria. As previously reported, PaySafeCard claims it has become a global market leader in online prepaid payment methods and… Read More

July 9, 2020 @ 3:42 pm By Samantha Hurst  |  

BYP Network, an empowerment platform dedicated to black professionals, has quickly surpassed its initial £500,000 equity crowdfunding target on Seedrs. Founded in 2016 after a culmination of Black Lives Matter movement and Kike Oniwinde’s (founder of BYP Network) personal experiences, BYP Network claims it is… Read More

July 9, 2020 @ 2:50 pm By Samantha Hurst  |  

BitTorrent announced on Thursday its customers may purchase BitTorrent and µTorrent Classic Pro with BUSD, Binance’s USD-backed stablecoin, as well as BNB (BEP2), the native asset on Binance Chain. BitTorrent reported that BUSD joins TRX, BNB, BTC, BTT, and OKB as the sixth cryptocurrency accepted on the… Read More

July 9, 2020 @ 9:53 am By Samantha Hurst  |  

UK-based challenger bank Tide announced this week it has paused its bounce back loan lending and closed its waiting list. In April 2020, Chancellor Rishi Sunak announced the lending scheme, which added to the existing support of small businesses that are affected by the COVID-19… Read More

July 9, 2020 @ 9:24 am By Samantha Hurst  |  

Klaytn, a global public blockchain platform developed by Ground X, the blockchain affiliate of the leading South Korean Internet company, Kakao, announced on Wednesday it has implemented a fee delegation policy for its partners operating blockchain applications on its platform. According to Klaytn, developers would… Read More

July 9, 2020 @ 8:09 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions announced on Thursday  Jim Young, the company’s Chief Financial Officer, will be stepping down from his role to pursue an opportunity with Indigo Ag, Inc., a private company operating at the intersection of technology, markets, and sustainability.  According to Broadridge,… Read More

July 8, 2020 @ 3:35 pm By Samantha Hurst  |  

European Crowdfunding Network (ECN) recently announced that it and Blockpool.eu, funded under the ECs Horizon 2020, have selected 25 SMEs for funding and participation of the Business and Technical Support Program for blockchain and distributed technology (BDLT) implementation. The program is set to run for… Read More

July 8, 2020 @ 3:18 pm By Samantha Hurst  |  

Mambu, a Berlin-based SaaS banking platform provider, announced on Tuesday its integration with Currencycloud, a cross-border payment platform. Mambu reported that by integrating its SaaS banking platform with Currencycloud’s suite of APIs, customers are able to deploy flexible, enterprise-class collections, virtual accounts, payments, and FX… Read More

July 8, 2020 @ 3:06 pm By Samantha Hurst  |  

UK-based challenger bank TSB recently announced the launch of its new five year Fix and Flex Mortgage product (0-80% LTV) to help homeowners, particularly in the wake of the COVID-19 pandemic. TSB reported that unlike most fixed deals,  the Fix and Flex mortgage offers the… Read More

July 8, 2020 @ 2:24 pm By Samantha Hurst  |  

Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, announced on Tuesday it has launched Lipper Fund ESG Scores to facilitate industry transition to sustainable investing. Refinitiv reported that the Lipper Fund ESG Scores… Read More

July 8, 2020 @ 12:40 pm By Samantha Hurst  |  

Concirrus, a UK-based insurtech, has reportedly secured a $6 million investment from Commerzventures. Founded in 2012, Concirrus shared its Quest platform provides proprietary behavioral data and predictive models that significantly outperform traditional risk assessment and underwriting techniques in the insurance market. “Our Quest products access… Read More

July 8, 2020 @ 10:54 am By Samantha Hurst  |  

Barclaycard announced on Tuesday it had extended its partnership with SAP to include payment gateway access. Barclaycard, which is part of Barclays Bank UK PLC, claims to be a leading global payment business that helps consumers, retailers and businesses to make and take payments flexibly,… Read More

July 8, 2020 @ 10:32 am By Samantha Hurst  |  

  Kangaroo, a smart home security company, is now seeking funds through its regulation crowdfunding (Reg CF) campaign through funding platform Republic.  Founded in 2018, Kangaroo states its security systems have a singular aim of making the world safer. The company notes it wants to… Read More

July 8, 2020 @ 10:21 am By Samantha Hurst  |  

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Wednesday it has joined the IBOS Association (IBOS), an international banking network.  According to Standard Chartered, the IBOS members collaborate to serve each other’s international clients in markets… Read More