June 4, 2020 @ 9:00 am By Samantha Hurst  |  

Mastercard (NYSE: MA) recently announced it is extending its COVID-19 commitments by Recovery Insights, a set of tools, innovation, and research. The data insight and tools will be provided to New York City, London, Madrid, the state of Arizona, and other governments. While sharing more… Read More

June 4, 2020 @ 7:42 am By Samantha Hurst  |  

Almond Impact, a UK-based environmental startup, is set to close its equity crowdfunding campaign on Crowdcube with more than £540,000 raised. The campaign was launched last month, originally seeking £500,000. As previously reported, Almond claims to be the first app that empowers anyone to become… Read More

June 4, 2020 @ 7:17 am By Samantha Hurst  |  

Wales-based hydrogen-electric car company Riversimple has successfully secured more than £500,000 through its latest equity crowdfunding campaign on Seedrs. The funding round, which originally sought to raise £200,000, made its debut less than a year after Riversimple raised £839,958 through its previous Seedrs campaign. As… Read More

June 3, 2020 @ 3:27 pm By Samantha Hurst  |  

Insurtech startup Hippo Insurance announced on Wednesday it is set to acquire Spinnaker Insurance Company, a national property and casualty insurer. Hippo reported it has partnered with Spinnaker as its largest carrier platform since 2017, with Spinnaker-backed Hippo products currently available to consumers in nearly… Read More

June 3, 2020 @ 2:37 pm By Samantha Hurst  |  

Lili, a U.S.-based mobile banking app specifically for freelancers, announced on Wednesday it secured $10 million through its seed funding round, which was led by Group 11 with participation from Foundation Capital, AltaIR Capital, Primary Venture Partners, and Torch Capital. Founded in 2018, Lili reported… Read More

June 3, 2020 @ 2:16 pm By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Wednesday it has extended its open banking support for PayPal (NASDAQ: PYPL). According to Tink, the expanded relationship is supported by a second strategic investment from PayPal, carried out in connection… Read More

June 3, 2020 @ 12:49 pm By Samantha Hurst  |  

FIS (NYSE: FIS), a financial services technology firm, announced on Tuesday the launch of Worldpay’s Fraud Freedom, a new chargeback indemnification service designed for cryptocurrency brokers and exchanges.  According to FIS, Fraud Freedom service helps crypto brokers and exchanges optimize payment conversion, and authorization rates… Read More

June 3, 2020 @ 11:29 am By Samantha Hurst  |  

Digital-only challenger bank Varo Money announced on Wednesday it secured $241 million through its Series D funding round, which was led by Gallatin Point Capital and The Rise Fund, co-founded by TPG, U2 lead singer Bono, and Jeff Skoll, a global entrepreneur, impact investor and… Read More

June 3, 2020 @ 9:25 am By Samantha Hurst  |  

Digital bank Revolut announced on Wednesday the launch of its new financial app version. According to Revolut, the new version is the latest step in the fintech’s journey to becoming a financial super app. Revolut further explained that the app’s redesign has focused on creating… Read More

June 3, 2020 @ 7:47 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced on Wednesday it is returning to the Seedrs equity crowdfunding platform for the fourth time to raise a minimum of £500,000. As previously reported, Assetz Capital is described as a provider of alternative funding sources to SMEs and Property… Read More

June 2, 2020 @ 3:54 pm By Samantha Hurst  |  

Western Union (NYSE: WU) is reportedly seeking to acquire digital money transfer service MoneyGram (NASDAQ: MGI). The acquisition rumors come just a little over a month after Western Union announced the continued expansion of its Global Network for real-time money-movement and payments. MoneyGram describes itself… Read More

June 2, 2020 @ 1:14 pm By Samantha Hurst  |  

Muniy, a UK-based neobanking startup, is now seeking to raise a minimum of £200,000 through its equity crowdfunding campaign on Crowdcube. The company is now offering 6.90% in equity at a £2.7 million pre-money valuation. Founded in 2018, Muniy describes itself as “banking for everyone.”… Read More

June 2, 2020 @ 12:42 pm By Samantha Hurst  |  

Female empowerment brand Killing Kittens quickly secured its initial £250,000 funding target through its latest Seedrs campaign. As previously reported, Killing Kittens stated it has grown to become one of the worlds leading brands in the female adult industry. The organization notably employs a female-first… Read More

June 2, 2020 @ 11:40 am By Samantha Hurst  |  

Accelerating program Plug and Play Japan announced on Tuesday it has selected 104 startups in six verticals (IoT, Fintech, Insurtech, Mobility, Brand & Retail, and Hardtech & Health ) together with 38 corporate partners for the Summer/Fall 2020 Batch acceleration program, which will be run… Read More

June 2, 2020 @ 10:54 am By Samantha Hurst  |  

  UK-based payments platform GoCardless announced on Tuesday it has formed a new partnership with YayPay, a predictive account receivable (AR) automation solution. GoCardless claims that through the partnership YayPay will help its customers to get paid faster, improve cash flow, and significantly reduce payment… Read More

June 2, 2020 @ 7:49 am By Samantha Hurst  |  

Rapyd, a global B2B Fintech as a Service provider, announced on Tuesday the launch of its new single, “full-stack,” payment solution in the UK. According to Rapyd, the solution allows businesses locally and globally to access every major local payment method, such as cash, bank… Read More

June 1, 2020 @ 4:29 pm By Samantha Hurst  |  

HSBC recently announced it has teamed up with Equbot and IBM Watson to launch the artificial intelligence (AI)-Powered US Equity Index (AiPEX) family. The financial giant claims that the index is a market’s first in using AI as a method for equity investing. According to… Read More

June 1, 2020 @ 3:06 pm By Samantha Hurst  |  

Mastercard recently announced that 78% of all transactions across Europe are now contactless. The financial giant revealed it is committed to enabling 42 countries to raise their spending limits in order to help people everywhere benefit contactless pay. “With 89% of people asked agreeing that… Read More

June 1, 2020 @ 2:03 pm By Samantha Hurst  |  

BeQuant, a UK-based retail and institutional multi-exchange trading platform, announced on Monday it has formed a partnership with cryptocurrency platform to launch its prime brokerage platform. Founded in 2007, BeQuant reported that its products include prime brokerage, custody, fund administration enhanced by an institutional trading… Read More

June 1, 2020 @ 12:32 pm By Samantha Hurst  |  

Less than four years after raising £1,765,482 through its widely popular Seedrs campaign, UK-based West Berkshire Brewery has returned to the equity crowdfunding platform with a mission to raise a minimum £750,000 in funding. The brewery is now offering 9.35% in equity, at a £7,271,000… Read More