February 24, 2020 @ 2:44 pm By Samantha Hurst  |  

Santander Group announced on Monday it has entered into an agreement to acquire merchant payment solutions company Elavon México. Santander reported that it will be acquiring Elavon México for a total of 1,600 million (approximately USD 86 million and EUR 79 million) and Elavon México… Read More

February 24, 2020 @ 2:20 pm By Samantha Hurst  |  

U.S. fintech and digital lending platform QCash Financial announced on Monday it has signed its newest client, Tropical Financial Credit Union (TFCU) with $700 million in assets. TFCU has reportedly turned to QCash to help launch a small dollar, personal lending program for their more… Read More

February 24, 2020 @ 1:08 pm By Samantha Hurst  |  

Glantus a global provider of financial automation and data intelligence solutions, announced on Monday it has acquired JPD Financial, a Vendor Credit Recovery services provider. According to Glantus, the acquisition will bring new levels of automation and AI to credit recovery and financial processing offered… Read More

February 24, 2020 @ 11:21 am By Samantha Hurst  |  

UK challenger bank Monzo announced on Monday that its users will soon have the option of credit monitoring through its mobile banking app. Monzo revealed that users will be able to see their scores in just a few taps without any need to fill out… Read More

February 24, 2020 @ 10:18 am By Samantha Hurst  |  

ShapeShift AG, an instant exchange for Bitcoin digital currency and other blockchain assets, has reportedly appointed Lisa Loud as its new COO as it reportedly prepares its expansion. As previously reported, ShapeShift helps customers convert between them, for example exchanging a token on the Bitcoin… Read More

February 24, 2020 @ 7:40 am By Samantha Hurst  |  

Brace, a U.S.-based digital mortgage-servicing platform, recently announced that it has raised an additional $10M in Series A funding led by Point72 Ventures. Founded in 2017, Brace states it provides technology solutions to “drive innovation” in the mortgage servicing industry. “Brace is developing a full… Read More

February 23, 2020 @ 9:47 pm By Samantha Hurst  |  

Neobanking group Sogexia announced on Monday it has been granted its payment institution license by the Minister of Finances of Luxembourg. The company reported that since 2010 it has been providing to both consumers and corporates the ability to open a payment account in a… Read More

February 23, 2020 @ 9:37 pm By Samantha Hurst  |  

Germany-based renewable energy storage solution, Hycube, is set to close its equity crowdfunding campaign on Seedrs with nearly €1.6 million raised from more than 1150 Seedrs investors. As previously reported, Hycube was notably created to build world-class energy storage systems by taking energy from solar… Read More

February 23, 2020 @ 9:17 pm By Samantha Hurst  |  

Growth-oriented private equity firm Great Hill announced on Friday it has completed its acquisition of VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment. Great Hill reported that under the Arrangement, each VersaPay shareholder will receive cash consideration of… Read More

February 21, 2020 @ 11:25 pm By Samantha Hurst  |  

KuCoin, a Singapore-based global cryptocurrency exchange, announced on Thursday the launch of its new one-stop crypto trading platform solution product, KuCloud. According to KuCoin, Kucloud offers two products, XCoin and XMEX. It is also able to deliver key functionalities of KuCoin Spot platform and KuMEX… Read More

February 21, 2020 @ 11:10 pm By Samantha Hurst  |  

CapTable, a crowdfunding platform registered with the Brazilian Securities and Exchange Commission (CVM), recently reported that equity crowdfunding in Brazil has jumped from BRL 8.4 million in contributions in 2016 to BRL 79 million ($18.6 million) in 2019. According to Latin America Business Stories (LABS),… Read More

February 21, 2020 @ 10:00 pm By Samantha Hurst  |  

Wollit, a UK-based “socially-focused” fintech startup, announced on Thursday it received an investment from venture capital firm Anthemis and banking giant BBVA’s venture creation partnership. Founded in 2017, Wollit claims to be a financial stability network that is giving “peace of mind” to people in… Read More

February 21, 2020 @ 9:34 pm By Samantha Hurst  |  

allplants, a “vegan delivery company,” has successfully secured more than 3 million through its equity crowdfunding campaign on Seedrs. The funding round was launched earlier this month, and quickly raised £2 million in just 48 hours. Founded in 2016, allplants describes itself as an award-winning… Read More

February 21, 2020 @ 2:36 pm By Samantha Hurst  |  

LenderClose, a U.S.-based proprietary, technology-focused lending platform, announced on Thursday that Ascentra Credit Union has offered up an undisclosed investment through LenderClose’s latest funding round. Founded in 2015, LenderClose stated it was established with the key belief that innovative technology would empower community credit unions… Read More

February 21, 2020 @ 10:11 am By Samantha Hurst  |  

Fidelity International, a spin-off from the U.S. financial services brand Fidelity Investments, has reportedly invested $14 million in BC Group (stock code: 863 HK), the Hong Kong-based operator of crypto exchange OSL. Founded in 2018, OSL claims to be the Hong Kong region’s most comprehensive… Read More

February 21, 2020 @ 8:25 am By Samantha Hurst  |  

Norweigan Air is set to allow customers to pay for flights using cryptocurrency. According to Coindesk, Stig Kjos-Mathisen, Norwegian Block Exchange (NBX) CEO and son-in-law of Bjørn Kjos, Founder and CEO of Norwegian Air, reportedly stated that his crypto trading platform has successfully developed payment… Read More

February 20, 2020 @ 11:07 pm By Samantha Hurst  |  

UK-based marine and automotive insurtech, Concirrus, announced earlier this week it secured $20 million through its Series B funding round, which was led by AlbionVC with participation from current investors IQ Capital, EOS Venture Partners, and several angel investors. Founded in 2012, Concirrus’ Quest platform provides behavioral data and… Read More

February 20, 2020 @ 10:26 pm By Samantha Hurst  |  

HubrisOne, Fintech in the digital asset sector, has successfully secured its latest equity crowdfunding campaign’s £900,000 funding target during the final days on Seedrs. The funding round was launched in December and is currently offering 9.99% in equity at an £8,108,379 pre-money valuation. Founded in… Read More

February 20, 2020 @ 2:51 pm By Samantha Hurst  |  

BrikkApp, an international investment marketplace, announced on Thursday it has successfully raised more than €500,000 from a consortium of private investors through its seed funding round. The investment was led by František Novotný and Aleš Hudeček. Founded in 2018, BrikkApp claims it brings users trustworthy… Read More

February 20, 2020 @ 2:08 pm By Samantha Hurst  |  

Billtrust, a fintech firm focused on B2B payment cycle management, announced on Thursday it has appointed Mark Shifke as its new CFO. According to Billtrust, Shifke has more than 35 years of financial and legal experience, with his recent position being CFO of Green Dot,… Read More