May 12, 2020 @ 11:24 am By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Tuesday its latest Small Business Lending Index reveals that the approval percentage for small business loan applications at big banks ($10 billion+ in assets) plummeted below double digits to just 8.9%, down from 15.4% in March and an… Read More

May 12, 2020 @ 10:45 am By Samantha Hurst  |  

  Online payments company Skrill announced on Tuesday it is now the official global payments partner of AC Milan. Skrill reported as part of the partnership agreement, it has become the preferred payments partner for AC Milan merchandise sales and is a live payments option… Read More

May 12, 2020 @ 9:19 am By Samantha Hurst  |  

Vise, a U.S.-based artificial intelligence (AI)-driven investment management platform built for the modern financial advisor, announced on Tuesday it has secured $14.5 million in Series A funding, which was led by Sequoia Capital with participation from Founders Fund, Bling Capital, Human Capital, Lachy Groom, Steve… Read More

May 12, 2020 @ 8:34 am By Samantha Hurst  |  

Former Westpac executives, Andrew Walker and Chris Lumby, has reportedly raised $33 million for their new home loan fintech startup, Verteva. Verteva is described as an ambitious financial technology start-up building a transformative digital alternative for customers in the home lending space. The Australia-based startup… Read More

May 11, 2020 @ 4:21 pm By Samantha Hurst  |  

Briq, a U.S.-based fintech platform specifically for construction, has raised $10 million through its Series A funding round, which was reportedly led by Blackhorn Ventures with participation from Eniac Ventures, MetaProp NYC, and Darling Ventures. The company’s total funding since inception is now up to… Read More

May 11, 2020 @ 3:19 pm By Samantha Hurst  |  

SEBA Bank, a Switzerland-headquartered digital asset bank that holds regulatory licensing, announced on Monday it has formed a new strategic partnership with technology platform Tokensoft International AG (Tokensoft) for asset tokenization. SEBA reported that it and Tokensoft have been working closely together on a range… Read More

May 11, 2020 @ 1:44 pm By Samantha Hurst  |  

Members Exchange (MEMX), a market operator founded by members to benefit all investors, announces last week it received approval from the U.S. Securities and Exchange Commission (SEC) to operate a national securities exchange. Founded in 2019, MEMX is on a mission is to increase competition,… Read More

May 11, 2020 @ 12:44 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Monday it has secured a $100 million direct insurance policy led by Arch Underwriting at Lloyd’s Syndicate 2012. The platform reported that this is the largest coverage that Crypto.com has secured for its cold storage assets on custodial… Read More

May 11, 2020 @ 11:18 am By Samantha Hurst  |  

FIS (NYSE: FIS), a financial services technology firm, announced on Monday that FIS Digital Issuance, a solution that allows financial institutions to provide newly approved applicants with immediate mobile access to their credit and debit accounts. According to FIS, Avidia Bank is the first financial… Read More

May 11, 2020 @ 10:07 am By Samantha Hurst  |  

Lolli, a U.S.-based bitcoin rewards platform, announced on Monday it secured $3 million through its Seed II funding round, which was led by Pathfinder, with participation from beauty entrepreneur Michelle Phan, Sound Ventures, Craft Ventures, Company Ventures, Adam Leber, Abe Burns, and Chapter One Ventures…. Read More

May 11, 2020 @ 8:34 am By Samantha Hurst  |  

Primer, a UK-based fintech startup, has reportedly secured £3.2 million through its seed funding round, led by Balderton Capital with participation from Taavet Hinrikus, who co-founded and previously led TransferWise. Founded earlier this year by former PayPal employees, Primer states it consolidates your payments stack… Read More

May 10, 2020 @ 10:49 pm By Samantha Hurst  |  

Saurus, a UK-based digital banking startup, is set to close its equity crowdfunding campaign on Crowdcube with more than £850,000 in funding secured from nearly 1770 Crowdcube investors. The campaign was launched last month, originally seeking £650,000.  Saurus is currently offering 6.93% in equity at… Read More

May 10, 2020 @ 10:41 pm By Samantha Hurst  |  

Digital payments company Payoneer announced last week it has formed a partnership with UK business account app ANNA to bring artificial intelligence (AI) to business to business (B2B) international payments. According to Payoneer, the partnership will allow ANNA customers, who are SMBs and freelancers, to… Read More

May 10, 2020 @ 10:33 pm By Samantha Hurst  |  

Samsung Pay announced last week it is set to join forces with online lending platform SoFi to launch a new debit card. This news comes just days after Swipe launched Samsun Pay for Swipe Visa cardholders.  Launched in 2015, Samsung Pay describes itself as a… Read More

May 8, 2020 @ 9:53 pm By Samantha Hurst  |  

Australia-based SME challenger bank Judo Bank announced on Thursday it raised $250 million through its latest equity at a post-money valuation to more than $1 billion, which the bank reports has lifted it into an exclusive club of local unicorns and showing the support of… Read More

May 8, 2020 @ 3:52 pm By Samantha Hurst  |  

The Cheeky Panda, a 100% ultra sustainable, low carbon, bamboo tissue product brand, officially closed its latest equity crowdfunding campaign on Seedrs with a total of £2,186,928 raised. The company launched the funding round last month and quickly doubled its initial £750,000 funding target.  Launched… Read More

May 8, 2020 @ 2:01 pm By Samantha Hurst  |  

omni:us, an insurance-focused artificial intelligence (AI) solution business based in Germany, announced this week it has joined forces with Rokk3r, a global innovation technology and consulting company, to enter the Latin American insurance market. As previously reported, omni:us is an Artificial Intelligence as a Service (AIaaS) provider… Read More

May 8, 2020 @ 12:04 pm By Samantha Hurst  |  

FinTech Australia recently announced it has formed a partnership with specialist fibre and network solutions provider, Vocus. The organization reported that Vocus has signed up as an ecosystem corporate partner of FinTech Australia, in addition to supporting its major events. The partnership will notably see… Read More

May 8, 2020 @ 11:43 am By Samantha Hurst  |  

  Ample Foods, a U.S. beverage company that specializes in creating a complete meal replacement drink that combines the latest nutrition science with wholesome, real food ingredients, has raised more than $520,000 through its latest Reg CF round on crowdfunding platform Republic. The company originally… Read More

May 8, 2020 @ 11:27 am By Samantha Hurst  |  

Clim8, an App-based startup for sustainable investing, has now surpassed £1.1 million through its equity crowdfunding campaign on Crowdcube. The funding round, which is set to close next Thursday, has attracted over 1060 Crowdcube investors so far. The company is offering 24.88% in equity at… Read More