March 5, 2020 @ 8:58 am By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, announced on Thursday it is hitting the “pause” button of opening new Stash Savings Accounts in order to maintain current rates for existing customers. Xinja reported that Stash is a savings account linked to your Bank Account (transaction account) designed… Read More

March 5, 2020 @ 8:16 am By Samantha Hurst  |  

Pan-European marketplace for short-term SME property-backed loans EstateGuru announced on Thursday it has just approved and published the first German project on its funding portal. According to EstateGuru, the first German project is in Sindelfingen, which is close to Stuttgart, and the borrower is an… Read More

March 4, 2020 @ 3:47 pm By Samantha Hurst  |  

As the coronavirus (COVID-19) continues to spread through the world, the World Health Organization (WHO) has advised consumers to consider using contactless payments in order to avoid spreading the virus. While speaking with the Telegraph, a spokesperson from WHO stated: “We know that money changes… Read More

March 4, 2020 @ 2:34 pm By Samantha Hurst  |  

Truevo, a full-service card acquirer and payment service provider, announced on Wednesday it has launched its point of sale solution in the UK, Ireland, and Malta. Founded in 2012, Truevo provides merchant account and card acquiring services to businesses of all sizes, from micro-merchants to… Read More

March 4, 2020 @ 1:59 pm By Samantha Hurst  |  

Roostify, a U.S.-based digital lending platform provider, announced on Wednesday it has extended its partnership with TD Bank to deliver its home equity solution to the bank’s digital home lending platform. Roostify reported that last year, it and TD Bank partnered to launch a digital… Read More

March 4, 2020 @ 11:55 am By Samantha Hurst  |  

U.S. fintech Brex announced on Wednesday the opening of its new office in Vancouver. The company reported that the location is its first-ever international office and will staff around 40 employees. The initial focus of the location will be software engineering and customer experience functions…. Read More

March 4, 2020 @ 11:00 am By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, announced on Wednesday it has launched its Series D investment round to attract more sophisticated investors, with a minimum of $20,400 to invest. The banking group, which now holds more than $300 million in deposits already, is looking to raise… Read More

March 4, 2020 @ 9:42 am By Samantha Hurst  |  

FinMkt, Inc., a U.S.-based provider of technology and infrastructure for the online lending industry, announced on Tuesday it has appointed Todd Aronoff as its new Vice President of Strategic Partnerships. According to FinMkt Aronoff has held positions at PayPal, China UnionPay, and Citi, with his… Read More

March 4, 2020 @ 7:58 am By Samantha Hurst  |  

Klarna announced on Wednesday that Ant Financial Services Group, the owner and operator of Alipay, has made an investment and taken a minority stake in the payment processing platform. Klarna reported that the investment from Ant Financial will support the further development of their strategic… Read More

March 3, 2020 @ 4:09 pm By Samantha Hurst  |  

Simple Health Kitchen, a UK-based restaurant with a mission to make London a healthier place, has successfully raised over £1 million in funding through its equity crowdfunding campaign on Crowdcube. The restaurant launched the funding round last month, originally seeking £750,000.  According to its founders,… Read More

March 3, 2020 @ 3:08 pm By Samantha Hurst  |  

UK-based peer-to-peer lender RateSetter recently celebrated RateSetter Innovative Finance ISA’s second birthday. The online lender launched the ISA in February 2018 and claims it has become the UK’s most popular Innovative Finance ISA. As previously reported, RateSetter described the ISA: “The Innovative Finance ISA (IF… Read More

March 3, 2020 @ 1:30 pm By Samantha Hurst  |  

October, a leading European online lender, announced on Tuesday it has reached new milestone. The lending platform revealed €400 million has been borrowed by SMEs on the platform to finance more than 800 projects. Ein weiterer Meilenstein in der Geschichte von October: mit dem heutigen… Read More

March 3, 2020 @ 11:23 am By Samantha Hurst  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Tuesday it has acquired MerchantPro Express, an Independent Sales Organization (ISO) that provides state-of-the-art processing services, advanced point-of-sale (POS) equipment and merchant cash advances to businesses across the U.S., as part of its… Read More

March 3, 2020 @ 10:49 am By Samantha Hurst  |  

Less than three years after raising £109,550 through its first Crowdcube round, football travel experience brand Homefans has returned to the equity crowdfunding platform and surpassed its initial £200,000 funding target 72 hours after the initiative’s debut. As previously reported, Founder Luke Verbeek founded Homefans… Read More

March 3, 2020 @ 10:30 am By Samantha Hurst  |  

NEM Ventures, the venture capital and investments arm of the NEM blockchain ecosystem, announced on Tuesday the launch of its NEM Ignite Incubator Programme to provide mentoring and financial support for early-stage blockchain projects.  According to NEM Ventures, NEM Ignite will help cultivate the growth… Read More

March 3, 2020 @ 9:40 am By Samantha Hurst  |  

UK-based online mortgage broker, Trussle, announced on Tuesday it has appointed Ian Larkin as its new CEO. The appointment comes just two months after the sudden departure of Trussle’s founding CEO Ishaan Malhi.  According to Trussle, Larkin has held senior roles at Lloyds, Virgin Money, McKinsey… Read More

March 3, 2020 @ 8:39 am By Samantha Hurst  |  

Zego, a UK-based insurtech, announced on Tuesday it was granted its insurance broker license in France. Founded in 2016, Zego states it provides customers “top-of-the-range” custom products to explore the “full potential” of their entrepreneurial spirit. “Insurance hasn’t changed in more than a century. But… Read More

March 2, 2020 @ 9:39 pm By Samantha Hurst  |  

GeoDB, a UK-based fintech startup that aims to provide a big data marketplace that includes an encrypted, safe, transparent, verified, accurate and decentralized datapool, has successfully secured its initial £1 funding target through its equity crowdfunding campaign on Seedrs. The funding round comes less than… Read More

March 2, 2020 @ 4:15 pm By Samantha Hurst  |  

Student loan marketplace, College Ave Student Loans, announced on Monday it has appointed Dena Glaeser as its new Chief Legal Officer.  College Ave reported that prior to joining the marketplace’s team, Glaeser served as the Fintech and Digital Banking attorney for Fifth Third Bank, N.A.,… Read More

March 2, 2020 @ 3:13 pm By Samantha Hurst  |  

Simple, a U.S. fintech and subsidiary of BBVA USA, announced on Monday it has appointed Moin Moinuddin as its new Head of Engineering. According to Simple, Moinuddin will lead all of Engineering, which includes product engineering and infrastructure. Moinuddin reportedly brings decades of experience in… Read More