March 23, 2020 @ 12:35 pm By Samantha Hurst  |  

Jumia, a Nigeria-based e-commerce platform, announced on Friday it is offering support for marketplaces, logistics, and online payments to governments in Africa as part of the global action against the COVID-19 outbreak. Founded in 2012, Jumia offers e-commerce services through its marketplace, logistics, and JumiaPay…. Read More

March 23, 2020 @ 10:29 am By Samantha Hurst  |  

Cryptocurrency exchange platform Coinbase announced on Friday its COVID-19 update. The platform reported that it is continuing to support its employees and customers during the outbreak. Brian Armstrong, CEO of Coinbase, stated in the update: “My first priority is the health and safety of our… Read More

March 23, 2020 @ 9:01 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Monday it integrated with economy as a service fintech, Oveit. According to Crypto.com, the integration will see more than 3,500 offline and virtual events organizers utilize Oveit’s platform to accept cryptocurrency payments from over 1.5 million event attendants… Read More

March 23, 2020 @ 7:56 am By Samantha Hurst  |  

FinTech Australia announced on Monday it has postponed its 2020 Finnies Awards amid the COVID-19 pandemic. According to the organization, the Finnies is Australia’s only industry-backed fintech awards and the event gives more than 100 fintech startups the opportunity to be recognized for their achievements…. Read More

March 22, 2020 @ 10:38 pm By Samantha Hurst  |  

Self-proclaimed Airbnb for boats, Borrow A Boat, is set to close its latest equity crowdfunding campaign on Crowdcube with more than £1.33 million from nearly 445 Crowdcube investors. The campaign was launched last month with a mission to raise a minimum of £1,250,000. The company… Read More

March 22, 2020 @ 10:28 pm By Samantha Hurst  |  

The U.S. Securities and Exchange Commission (SEC) has updated its response to COVID-19 and the related effects on the U.S. securities markets. The organization reported that its efforts are centered, first and foremost, on the health and safety of its employees as well as all… Read More

March 22, 2020 @ 9:52 pm By Samantha Hurst  |  

HUMBL, a US fintech that delivers mobile payments and financial services, announced on Friday it has formed a new partnership with India’s payment service Digital India Payments Limited to help with its expansion into the country’s market. HUMBL describes itself as a mobile, financial services… Read More

March 20, 2020 @ 10:37 pm By Samantha Hurst  |  

Marketplace lending company Funding Circle (LSE: FCH) announced on Thursday that despite the outbreak of COVID-19, it is reassuring investors that it is taking appropriate measures to respond to the situation and give them details on the various issues that are currently going on through… Read More

March 20, 2020 @ 9:50 pm By Samantha Hurst  |  

UK-based online lending platform LendInvest released more information about its operations during the COVID-19 outbreak. The online lender reported it has been monitoring the ongoing pandemic and so far it has not affected the its lending services. “All of our London-based staff are working remotely…. Read More

March 20, 2020 @ 3:54 pm By Samantha Hurst  |  

The Universal Protocol Alliance, a group of leading blockchain companies including Bittrex Global, Brave, Blockchain at Berkeley, Uphold, Cred and CertiK, announced on Thursday the listing of three tokens on Bittrex Global: the Universal Dollar (UPUSD), The Universal Euro (UPEUR), and the Universal Protocol Token… Read More

March 20, 2020 @ 3:43 pm By Samantha Hurst  |  

Bee Mortgage App, a U.S.-based mortgage mobile app, announced on Thursday it has extended its RegCF raise on Fundopolis, a recently approved funding portal. Founded in 2019, Bee Mortgage App claims to be the first eMortgage mobile app powered by VLO, a virtual loan officer…. Read More

March 20, 2020 @ 11:08 am By Samantha Hurst  |  

Challenger bank Tandem recently announced the launch of its new AI system, Ada. According to Tandem, Ada is a self-learning platform that is designed to deliver insights to add value to the baning group customers’ lives. “We have lots of information about our customers, about… Read More

March 20, 2020 @ 10:53 am By Samantha Hurst  |  

The GP Service, an online service dedicated to helping patients see their doctor online at their own convenience, has successfully surpassed its initial £750,000 equity crowdfunding target on Crowdcube. Founded in 2014, The GP Service is a provider of online services for general medical consultations… Read More

March 20, 2020 @ 8:29 am By Samantha Hurst  |  

Payments platform Stripe announced on Thursday it has officially shut down all its offices and all employees, as well as on-site contractors, are working from home. Prior to this announcement, Stripe announced it closed its San Francisco office, but kept the offices in Amsterdam, Berlin,… Read More

March 19, 2020 @ 5:10 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Thursday it has formed a new partnership with Thailand-based digital cross-border money transfer fintech DeeMoney. Ripple reported that through the collaboration, DeeMoney’s platform is now processing live transactions.  Ripple further revealed that DeeMoney is… Read More

March 19, 2020 @ 4:37 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Wednesday it is now offering a series of initiatives to protect and mitigate the impact of the coronavirus outbreak to customers, employees, and the community. The banking group… Read More

March 19, 2020 @ 2:06 pm By Samantha Hurst  |  

Following the recent outbreak of COVID-19 in the UK, online lending platform LendInvest announced that its platform is still functioning and that it is still “Open for Business.” LendInvest reported that on Monday it instructed all London-based staff to work remotely, which followed the government’s… Read More

March 19, 2020 @ 1:15 pm By Samantha Hurst  |  

Boro, a U.S.-based provider of loans and financial education to students, announced on Wednesday it secured $12 million through its Series A funding round, which was led by Chinese fintech group, LexinFintech. Founded in 2015, Boro claims to be a leading consumer financing platform for… Read More

March 19, 2020 @ 11:30 am By Samantha Hurst  |  

Financial institutions technology and service provider Itiviti announced on Thursday that it and cryptocurrency exchange Gemini Trust Company is now enabling cryptocurrency holders trades with their counterparties through NYFIX, which is Itiviti’s FIX-based order routing network. Founded in 2016, Itiviti enables financial institutions worldwide to… Read More

March 19, 2020 @ 11:02 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has expanded its e-commerce offer for Chinese online shoppers by integrating with payment method WeChat Pay. Wirecard reported that the solution is ideal for European merchants seeking to enter the Chinese market…. Read More