April 30, 2021 @ 1:50 pm By Samantha Hurst  |  

      U.S.-based cryptocurrency exchange PayBito announced on Thursday it has crossed $2 billion in its daily trading volume and is seeking to achieve $5 billion by the end of 2021. The latest milestone comes just a few months after PayBito announced it was experiencing record… Read More

April 30, 2021 @ 1:40 pm By Samantha Hurst  |  

  Moven, a U.S.-based financial wellness platform provider, announced earlier this week it has formed a new partnership with UAE-based fintech solution consultancy, Centre Systems Group (CSG). the partnership will notably help expand Moven’s global footprint. According to Moven, CSG is an influential technology company… Read More

April 30, 2021 @ 1:24 pm By Samantha Hurst  |  

UK-based digital banking solution goHenry announced earlier this week the release of its annual U.S. Youth Economy Report, which revealed how the past year has transformed the money habits of Gen Z and Gen Alpha. According to the report, American kids and teenagers earned an impressive $27.2 billion… Read More

April 30, 2021 @ 11:00 am By Samantha Hurst  |  

Bittrex, a cryptocurrency exchange based in the U.S., announced on Friday its integration with the DigitalBits blockchain mainnet, as well as its support for the DigitalBits ERC-20 token swap. The launch comes just after Bittrex recently listed both the Zytara dollar (ZUSD) and DigitalBits (XDB)… Read More

April 30, 2021 @ 10:23 am By Samantha Hurst  |  

Private lending syndication platform CrowdOut Capital recently announced it closed a $20 million facility to Lane Gate Advisors.  Founded in 2015, CrowdOut claims it offers middle market and lower middle market companies ($10MM+ revenue) a better way to raise debt. The company noted it partners… Read More

April 30, 2021 @ 7:57 am By Samantha Hurst  |  

  Blockdaemon, a U.S.-based blockchain infrastructure platform for node management, announced on Thursday it has teamed up with Voyager Digital (CSE: VYGR; OTCQB: VYGVF; FRA: UCD2), a publicly traded holding company whose subsidiaries operate licensed crypto-asset trading and investing brokerage. Blockdaemon reported that the partnership… Read More

April 29, 2021 @ 10:44 pm By Samantha Hurst  |  

TrustSwap, a Canada-based full-service digital asset platform, announced on Thursday more than $1 billion in cryptocurrencies have been locked and vested by TrustSwap clients through their SmartLock service. Launched in the summer of 2020, TrustSwap describes itself as a distributed platform, cryptocurrency and protocol that… Read More

April 29, 2021 @ 10:26 pm By Samantha Hurst  |  

  Pedal Me, a UK-based e-cargo on-demand bike service, has successfully secured more than £400,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which recently made its debut, originally sought to raise £150,000 and has so far attracted 630 Crowdcube investors. Founded in… Read More

April 29, 2021 @ 10:03 pm By Samantha Hurst  |  

  Trust Payments, a global digital payments company, announced on Thursday it has expanded into Ireland, with the plans to open an office in Dublin city center. Founded in 1997, Trust Payments group power the online payments of some of the world’s most well-established companies,… Read More

April 29, 2021 @ 2:01 pm By Samantha Hurst  |  

    Apollo Insurance Solutions Ltd. (TSXV: APLO Reserved), a Canadian online insurance provider, announced on Thursday it has secured coverholder status with Lloyd’s of London. APOLLO reported that the status gives it access to an expanded product portfolio and the ability to manufacture products… Read More

April 29, 2021 @ 1:47 pm By Samantha Hurst  |  

  Galileo, the API standard for card issuing and digital banking, and a subsidiary of Social Finance, Inc. (SoFi), announced on Thursday the launch of Fortú, a neobank serving the needs of the Latino community. According to Galileo,  Fortú is focused on building culturally contextual… Read More

April 29, 2021 @ 11:30 am By Samantha Hurst  |  

Alphagreen, a European CBD marketplace, has raised nearly £1.7 million through its equity crowdfunding campaign on Seedrs.  Founded in 2019, Alphagreen Group describes itself as a high-growth technology and pharmaceutical trading business. “Alphagreen Group works with top Cannabis brands globally to sell high-quality non-psychoactive products (e.g…. Read More

April 29, 2021 @ 8:28 am By Samantha Hurst  |  

India-based banking group ICICI Bank announced on Thursday the launch of its digital and contactless banking platform for merchants, Merchant Stack. According to ICICI Bank, Merchant Stack provides a bouquet of banking solutions and value-added services in ‘one single place for the retailer eco-system. The main… Read More

April 29, 2021 @ 8:03 am By Samantha Hurst  |  

  Virgin Money announced on Thursday it has joined forces with Trade Ledger, a fintech specializes in data-driven lending technology, to build on its business banking proposition. According to Virgin Money, Trade Ledger is a tech provider for commercial banking and financial services. It supports banks… Read More

April 28, 2021 @ 3:23 pm By Samantha Hurst  |  

  The University of Connecticut (UConn) announced on Wednesday it is creating a master’s degree program in fintech next year. The University reported that the UConn FinTech program was approved by a vote of the Board of Trustees and will combine lessons in advanced business… Read More

April 28, 2021 @ 3:11 pm By Samantha Hurst  |  

LendIt Fintech announced on Wednesday the launch of its inaugural dealmakers event, Fintech Nexus. The event is set to take place in Miami as a live event in September. LendIt describes Fintech Nexus as a dealmakers event that is an exclusive, invite-only partnering event for… Read More

April 28, 2021 @ 2:47 pm By Samantha Hurst  |  

  BBVA announced on Wednesday it will be offering recycled cards in all countries where it operates prior to the end of 2021. The banking group also revealed that by 2023, it will no longer issue other types of cards, in line with its commitment to… Read More

April 28, 2021 @ 2:18 pm By Samantha Hurst  |  

    Branch, a U.S.-based insurtech startup, announced on Wednesday the expansion of its home and auto coverage in Colorado and Oklahoma. Founded in 2017, Branch explained that it “taps” into the power of the community to make insurance accessible and affordable for everyone, utilizing technology to… Read More

April 28, 2021 @ 12:41 pm By Samantha Hurst  |  

CollegeBacker, a U.S.-based  social savings platform for digital investment advice to 529 plans, announced on Wednesday it not only has changed its name to Backer but has also raised $8.4 million in venture capital. According to Backer, the funding round was led by Crosslink Capital with participation… Read More

April 28, 2021 @ 10:42 am By Samantha Hurst  |  

Splitwise, a U.S.-based interpersonal finance app for sharing expenses, announced on Wednesday it raised $20 million through its Series A funding round, which was led by global venture capital and private equity firm, Insight Partners. The company previously raised a total of $10.2 million in… Read More