May 8, 2020 @ 9:19 am By Samantha Hurst  |  

Payments platform Stripe announced on Thursday it has formed a new partnership with payment installment platform, QuadPay, to power advanced buy-now-pay-later experiences that boost conversion and allows consumers to start shopping instantly through online and in-store. According to Stripe, QuadPay enables consumers to start shopping… Read More

May 7, 2020 @ 3:37 pm By Samantha Hurst  |  

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, has received $5 million from the Stellar Development Foundation, a decentralized and sustainable network for financial products and services.  Founded in 2014 by Bill Barhydt, serial entrepreneur and global mobile-banking veteran, Abra is an all-in-app where you… Read More

May 7, 2020 @ 3:15 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Thursday it has formed a new partnership with beauty retailer Sephora to allow customers to pay for their beauty products in four equal payments with no interest. Speaking about the collaboration, Kim Stromberg, Vice President and General Manager of e-Commerce at… Read More

May 7, 2020 @ 1:36 pm By Samantha Hurst  |  

Visa (NYSE: V) announce on Thursday its continued support of the global Fintech community, having grown the Fast Track program to over 140 Fintechs. Visa reported that Since expanding globally in mid-2019, the Fast Track program has grown 280%. The program allows both new and… Read More

May 7, 2020 @ 11:04 am By Samantha Hurst  |  

Ayoa, an intelligent digital workspace for remote teams to manage meetings, build plans, and action tasks, has successfully secured its initial £1 million funding target through its equity crowdfunding campaign on Seedrs. The campaign, which launched last month, has attracted more than 430 Seedrs investors…. Read More

May 7, 2020 @ 10:32 am By Samantha Hurst  |  

Blockchain-based fan engagement platform for sports and entertainment, Chiliz, announced on Thursday it has formed a global partnership with mixed martial arts (MMA) organization, UFC. According to Chiliz, the partnership will enable UFC to tap into a captive audience of enthusiastic sports fans from around… Read More

May 7, 2020 @ 9:52 am By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, announced on Thursday it will move the interest rate on its Stash savings account to 1.8%, effective May 11th. Xinja reported launched Stash, a savings account linked to your Bank Account (transaction account) designed for customers to save by separating… Read More

May 7, 2020 @ 8:35 am By Samantha Hurst  |  

  Countingup, a UK-based business current account that automates accounting, announced on Thursday it raised £4 million in a bridge round of financing, which was led by ING Ventures with co-investment from Triple Point, CVentures and BiG Start Ventures. The company reported that in the… Read More

May 6, 2020 @ 5:27 pm By Samantha Hurst  |  

Boosted.ai, a Canada-based fintech, announced on Wednesday it raised $8 million USD Series A financing round, led by Portag3 Ventures with participation from Dunamu & Partners and Polar Equity Partners. Founded in 2017, Boosted.ai reported that it works with financial firms to enhance their investment… Read More

May 6, 2020 @ 3:27 pm By Samantha Hurst  |  

Bitfinex announced on Wednesday it is now offering Bitcoin Dominance (BTCDOM) Perpetual Swap through its digital asset exchange. Bitfinex claims Bitfinex Derivatives is the first derivatives platform to offer Bitcoin BTCDOM, which enables investors to take a position on the market weighting of the world’s… Read More

May 6, 2020 @ 2:34 pm By Samantha Hurst  |  

The New Zealand Financial Markets Authority announced earlier this week it has added Karatbar International GmbH, Karabit Foundation, and Associated Companies to its warning list. As previously reported, Karatbars International GmbH is a German company that has been promoting a digital currency, called KaratGold Coin,… Read More

May 6, 2020 @ 1:08 pm By Samantha Hurst  |  

Lendahand, a Netherlands-based for-profit crowdfunding platform for impact investing, is now seeking to raise €1 million through its equity crowdfunding campaign on Seedrs. The launch of Lendahand’s Seedrs round comes nearly four years after the platform raised $465,768 through its second round of funding on… Read More

May 6, 2020 @ 10:58 am By Samantha Hurst  |  

Franklin Resources, Inc. (NYSE:BEN), a global investment management organization operating as Franklin Templeton, announced on Wednesday it has acquired AdvisorEngine, a U.S.-based digital wealth platform. According to Franklin Resources, AdvisorEngine is a provider of technology and consulting services to more than 1,200 financial advisory firms… Read More

May 6, 2020 @ 10:02 am By Samantha Hurst  |  

Buckle, a U.S.-based financial services, announced on Wednesday it has been temporary approval to add insurance coverage to its rideshare driver members’ policies for the delivery of food, household supplies, and other packaged goods during the COVID-19 pandemic. Buckle reported that due to the virus,… Read More

May 6, 2020 @ 8:10 am By Samantha Hurst  |  

Treasury Prime, a U.S.-based API banking platform, announced on Tuesday it secured $9 million through its Series A funding round, which was led by Amias Gerety of QED Investors with participation by Jason Lemkin of SaaStr and Hans Morris of NYCA Partners. The company revealed… Read More

May 5, 2020 @ 9:30 pm By Samantha Hurst  |  

 First Dollar, a U.S.-based health care savings platform, announced on Tuesday it secured $5 million through its seed funding round, which was led by Next Coast Ventures with participation from Meridian Street Capital, former athenahealth CEO Jonathan Bush, Everlywell CEO Julia Cheek, Bright Health CTO… Read More

May 5, 2020 @ 3:06 pm By Samantha Hurst  |  

The Cheeky Panda, a 100% ultra sustainable, low carbon, bamboo tissue product brand, has successfully secured more than £2 million through its latest equity crowdfunding campaign on Seedrs. The company launched the funding round last month less than two years after raising £521,314 through its… Read More

May 5, 2020 @ 2:36 pm By Samantha Hurst  |  

Ontology (ONT), a “high-performance” public blockchain network that aims to provide a “distributed trust” platform, announced on Tuesday it has joined the Celo Foundation Alliance for Prosperity, which is a mission-aligned network of organizations fostering social impact and financial inclusion through the use of blockchain… Read More

May 5, 2020 @ 12:44 pm By Samantha Hurst  |  

Getsafe, a Germany-based insurtech startup, is reportedly delaying expansion into other European markets due to the COVID-19 pandemic. This news comes just a few months after Getsafe announced its expansion into the UK. As previously reported, Getsafe claims it is looking to reinvent insurtech and is… Read More

May 5, 2020 @ 11:18 am By Samantha Hurst  |  

SpotOn Transact, Inc (SpotOn), a software and payments company, announced on Tuesday it has formed a new partnership with fintech unicorn SoFi to provide financial products to small businesses during the COVID-19 pandemic. According to SpotOn, the collaboration will help small businesses by bypassing the… Read More