February 7, 2020 @ 11:03 pm By Samantha Hurst  |  

Banexcoin announced on Thursday it has officially launched its digital asset exchange platform and actively registering new users in Latin America. The platform is powered by AlphaPoint, a global fintech company and a self-claimed leader in the white label exchange software space. According to Banexcoin,… Read More

February 7, 2020 @ 10:07 pm By Samantha Hurst  |  

Dragon Payments, a multi-cryptocurrency exchange dedicated to the UK market, announced this week it has been placed into Compulsory Liquidation. The company, which was originally named London Block Exchange (lbx), reported that a winding up order was made against the company on January 31st. Paul… Read More

February 7, 2020 @ 3:22 pm By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced earlier this week it has reduced withdrawal fees for a total of 12 cryptocurrencies. The following cryptos have been reduced: Founded in 2016, Crypto.com was created to accelerate the “world’s transition” to cryptocurrency. Key products of the platform include… Read More

February 7, 2020 @ 3:16 pm By Samantha Hurst  |  

Simple, a subsidiary of BBVA USA, announced on Friday its automatic savings program, Round-up Rules, has more than $1.2 million in customer savings accounts. According to Simple, Round-Up allows customers to have their debit card transactions rounded up to the nearest whole dollar amount, with… Read More

February 7, 2020 @ 2:04 pm By Samantha Hurst  |  

The Bancorp Bank, the wholly-owned banking subsidiary of The Bancorp, Inc. (NASDAQ: TBBK) announced earlier this week it has formed a new partnership with SoFi to provide back-end banking services and become exclusive card issuer of the SoFi Money product. According to the duo, the… Read More

February 7, 2020 @ 1:22 pm By Samantha Hurst  |  

OnDeck (NYSE: ONDK), a small business online lending platform, recently announced he has appointed Linda Tan as its new Head of Internal Audit. OnDeck reported that Tan will oversee its Internal Audit team and deliver independent, objective assurance and advisory audit services that align with… Read More

February 7, 2020 @ 8:20 am By Samantha Hurst  |  

Nomics, a provider of cryptocurrency market cap and pricing data, announced on Thursday it has completed its deep data integration with U.S.-based cryptocurrency exchange BitShares. According to the duo, this new integration has allowed Nomics to vet BitShares’ trade history and verify that it meets… Read More

February 7, 2020 @ 8:06 am By Samantha Hurst  |  

Savvy Navvy, a UK-based marine navigation mobile app, has successfully secured its initial £400,000 equity crowdfunding target through its latest campaign on Seedrs. The funding round was launched on Thursday and quickly raised the funds from more than 200 Seedrs investors. Founded in 2017, savvy… Read More

February 6, 2020 @ 10:58 pm By Samantha Hurst  |  

Lightspeed, a Canada-based e-commerce platform, announced on Thursday it has launched new integrated payment capabilities in North America. The expansion is through Lightspeed’s partnership with Stripe. Founded in 2005, Lightspeed provides customers with a way to build, manage, and grow retail, restaurant, or commerce business… Read More

February 6, 2020 @ 10:41 pm By Samantha Hurst  |  

Airwallex, an Australia-based fintech company, announced on Thursday it has teamed up with Visa to launch the Airwallex Borderless Card for business. According to Airwallex, the new card will enable Airwallex account holders to pay suppliers in seconds and “empower” their teams to make corporate… Read More

February 6, 2020 @ 10:23 pm By Samantha Hurst  |  

Buckle, a U.S.-based financial services, announced on Thursday it has launched its rideshare-only insurance that provides rideshare and Transportation Network Company (TNC) drivers with personal and commercial coverage in one policy. Buckle reported it is now available to eligible Lyft drivers in Georgia with other… Read More

February 6, 2020 @ 6:25 pm By Samantha Hurst  |  

Galileo Financial Technologies, a U.S.-based fintech, announced on Thursday it has expanded into Mexico by opening a new office in Mexico City. The expansion news comes just a few months after Galileo secured $77 million through its Series A funding round, which was led by… Read More

February 6, 2020 @ 9:02 am By Samantha Hurst  |  

Ocrolus, a fintech infrastructure company that transforms documents into actionable data, announced on Thursday it has launched a new lending program through a partnership with Kiva, a crowdfunding platform dedicated to connecting people through lending. Ocrolus reported that with the Kiva program it is working… Read More

February 6, 2020 @ 8:37 am By Samantha Hurst  |  

Marketplace lending company Funding Circle (LSE: FCH) is reportedly supporting a U.S. business loan transparency law. According to P2PFinanceNews, the online lender is backing the California introduced law, which will require certain data to be disclosed in commercial credit agreements much like consumer loans. Head… Read More

February 6, 2020 @ 8:08 am By Samantha Hurst  |  

Rimilia, a UK-based SaaS fintech, announced earlier this week it raised $15 million through its latest investment round, which saw participation from Eight Roads Ventures and Kennet Partners, and Silicon Valley Bank. The company, which was founded in 2008, revealed it provides intelligent, finance automation… Read More

February 6, 2020 @ 7:46 am By Samantha Hurst  |  

Zero, a U.S. fintech startup, announced on Wednesday it secured a $100 million revolving line of credit facility from a fund managed by the investment manager, Neuberger Berman. Founded in 2016, Zero claims to be the first modern banking experience to combine the simplicity of… Read More

February 5, 2020 @ 3:43 pm By Samantha Hurst  |  

Gemini Trust Company, a U.S.-based cryptocurrency exchange and custodian, announced on Wednesday it has integrated with TradingView, a platform that provides real-time information and market insights to millions of traders daily. Gemini reported its users may now trade with Gemini using the TradingView platform. According… Read More

February 5, 2020 @ 1:59 pm By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, has reportedly hit $100 million in deposits and has attracted 15,000 customers to its platform in just three weeks. According to Xinja, customers are taking advantage of its new ‘Stash’ digital bank account and 2.25% savings rate. According to iTWire,… Read More

February 5, 2020 @ 1:50 pm By Samantha Hurst  |  

Archax, an institutional digital securities exchange that’s based in the UK, announced on Wednesday it is teaming up with security token platform Polymath to launch digital security listings.  Speaking about the collaboration, Graham Rodford, CEO of Archax, stated: “We are building the first truly global… Read More

February 5, 2020 @ 1:32 pm By Samantha Hurst  |  

Mode, a financial services firm backed by Twitter co-founder Biz Stone and is owned by the R8 Group, has reportedly launched its Bitcoin banking mobile app. Cointelegraph reported that the UK startup has made its mobile app available globally, except in the U.S. Customers outside… Read More