June 11, 2020 @ 9:29 am By Samantha Hurst  |  

  Cauldron, a UK-based experimental “arm of fintech revolutionaries,” has launched its new kids money management app, Nestlums. According to Cauldron, Nestlums offers modern money training for children through a unique, character-driven, ramified experience without connecting to a bank account or touching actual money. “Nestlums… Read More

June 11, 2020 @ 8:10 am By Samantha Hurst  |  

BBVA announced on Thursday its entire branch network in Spain is now operational after the bank reopened the last of the branches that were closed due to the COVID-19 pandemic. BBVA reported that the branches will follow strict safety measures, and the banking group is… Read More

June 10, 2020 @ 4:20 pm By Samantha Hurst  |  

Planck, a U.S.-based AI data platform for commercial insurance, announced on Wednesday it raised $16 million through its Series B Funding Round. With its $12 million Series A, the company has raised a total of $28 million. Founded in 2016, Planck claims to be the… Read More

June 10, 2020 @ 3:01 pm By Samantha Hurst  |  

  TV.FIT, a UK-based fitness content subscription platform, is set to close its crowdfunding campaign on Seedrs later this week with more than £1.56 million secured. The funding round was launched in April with a minimum funding target of £1.4 million. It has so far… Read More

June 10, 2020 @ 1:52 pm By Samantha Hurst  |  

Airwallex, an Australia-based fintech company, recently announced it has launched a new payment acceptance service in Australia, Hong Kong, and Singapore with WeChat Pay. The company reported that the service is allowing merchants to add WeChat Pay as an additional payment option on the e-commerce… Read More

June 10, 2020 @ 1:41 pm By Samantha Hurst  |  

NS8, a U.S.-based online fraud detection and prevention for small-and-medium-sized businesses (SMEs), announced on Wednesday it secured $123 million through its Series A funding round, led by Lightspeed Venture Partners with additional backing from AXA Venture Partners. Founded in 2016, NS8 stated it safeguards online businesses… Read More

June 10, 2020 @ 11:35 am By Samantha Hurst  |  

Global payments provider Verrency announced on Wednesday the launch of its new product feature “Pay Later.” According to Verrency, the feature enables bank customers to instantly move any regular purchase transaction to a longer-term installment payment plan. “Consumers can select to pay in multiple installments… Read More

June 10, 2020 @ 10:39 am By Samantha Hurst  |  

MPOWER Financing, a U.S.-based fintech platform for educational loans to international and DACA students, announced on Tuesday it secured $9 million through its latest investment round. Founded in 2014, MPOWER Financing uses cross-border digital lending platform, big data, and global infrastructure to finance the millions… Read More

June 10, 2020 @ 10:30 am By Samantha Hurst  |  

India-based fintech Tabby announced this week it raise of $7 million through its latest funding round, which was led by Raed Ventures with participation from MSA Capital and existing investor Arbor Ventures. Founded in 2019, Tabby states it provides customers with the flexibility to pay… Read More

June 10, 2020 @ 7:28 am By Samantha Hurst  |  

NYMBUS, a U.S. financial service platform provider, announced on Tuesday it secured $12 million through its latest investment round, which was led by Insight Partners and Vensure Enterprises. NYMBUS claims it provides the world’s most advanced revenue and technology solutions for today’s financial institutions. Its… Read More

June 9, 2020 @ 4:27 pm By Samantha Hurst  |  

  Payment processing platform Klarna announced on Tuesday the launch of its new Buy Now, Pay Later Shopper Loyalty Program, Vibe. According to Klarna, the no-fee program will be rolled out to the U.S. market in June before being extended to the platform’s other key markets… Read More

June 9, 2020 @ 4:02 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Tuesday it has approved more than $4.7 billion in loans to small businesses across the U.S. through both rounds of the Small Business Administration’s (SBA) Paycheck Protection Program… Read More

June 9, 2020 @ 3:48 pm By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Tuesday it has formed a partnership with Mukuru, one of Africa’s largest remittance providers to broaden options for cash pick up in Zimbabwe. WorldRemit claims that the partnership will be instrumental in… Read More

June 9, 2020 @ 2:18 pm By Samantha Hurst  |  

Affirm, a Fintech founded by vaunted entrepreneur Max Levchin, announced on Monday the launch of its high-yield saving account. As previously reported, Affirm is a point of sale credit provider that is currently working with over 2000 merchants. The company’s goal is to provide shoppers… Read More

June 9, 2020 @ 1:16 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday it has formed a partnership with annuity and life insurance provider Brighthouse Financial to offer an exclusive accelerated underwriting life insurance product, Brighthouse SimplySelect. According to Policygenius, the insurance product features an accelerated purchase process that… Read More

June 9, 2020 @ 12:49 pm By Samantha Hurst  |  

Xignite, a provider of market data cloud solutions for financial institutions and fintech companies, announced on Tuesday the enhancements for two of its financial data cloud APIs. Now offering functionality built for greater speed and specificity, these APIs enable fintech companies to provide their users… Read More

June 9, 2020 @ 12:35 pm By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Tuesday the release of its latest Small Business Lending Index, which revealed that the approval percentage for small business loan applications at big banks ($10 billion+ in assets) rebounded from just 8.9% in April to 11.5% in May…. Read More

June 9, 2020 @ 12:10 pm By Samantha Hurst  |  

Paysafe Group, a global payments provider, announced on Monday the U.S. launch of its Skrill Money Transfer service. According to Paysafe, existing and new Skrill customers in the U.S. may now use the solution to transfer money for free to friends and family in Mexico,… Read More

June 9, 2020 @ 9:26 am By Samantha Hurst  |  

Qube Money, a U.S.-based fintech startup, announced on Tuesday it has formed a partnership with Galileo Financial Technology. Qube Money reported that through the duo will deliver a banking solution that will allow customers to activate their money on a debit card in real-time before… Read More

June 9, 2020 @ 7:41 am By Samantha Hurst  |  

    XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it has formed a partnership with DCBank to provide an instantly activated and loaded prepaid Mastercard through a cash accepting kiosk. XTM reported that Kiosks will be placed… Read More