February 5, 2020 @ 12:20 pm By Samantha Hurst  |  

Aliaswire, a cloud-based payments tech platform, announced on Tuesday it has appointed former PayPal executive Jed Rice as its new CEO and been appointed to its Board of Directors. According to Aliaswire, Rice has more than two decades of senior leadership at enterprise technology companies… Read More

February 5, 2020 @ 9:57 am By Samantha Hurst  |  

Transparent Financial Systems, Inc., a U.S.-based startup that’s developing on-demand, 24/7/365, cryptographic settlement solutions, announced on Wednesday it secured $14 million through its Series A financing round, which was led by Pantera Capital with participation from Square, Inc., Future\Perfect Ventures, IDEO Colab Ventures, Digital Currency… Read More

February 5, 2020 @ 9:49 am By Samantha Hurst  |  

Digital consumer lending platform Avant announced on Wednesday the completion of its planned spin-off of Amount, which is described as a SaaS technology business that enables financial institutions to digitize their product offering. Avant reported that the spin-off “empowers” both companies to effectively maximize capital and… Read More

February 5, 2020 @ 8:33 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions announced on Wednesday it has appointed its Senior Vice President, Global Sales, Marketing and Client, Chris Perry, as its new President. According to Broadridge, Perry is assuming the title of President from Broadridge’s CEO Tim Gokey, who remains CEO and… Read More

February 4, 2020 @ 3:41 pm By Samantha Hurst  |  

HOP Vietnamese, a UK-based fresh food concept that is on a mission to showcase a “passion” for Vietnamese colorful food, culture, and street atmosphere, is now set to close its highly successful equity crowdfunding campaign on Crowdcube with more than £1.5 million raised. The restaurant… Read More

February 4, 2020 @ 3:08 pm By Samantha Hurst  |  

UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, announced on Tuesday it has rebranded to Unimoni as it seeks to expand its brand network and introduce more products and services in Tanzania. The company reported that this rebranding in Tanzania, in… Read More

February 4, 2020 @ 2:40 pm By Samantha Hurst  |  

Baanx, a mobile digital banking app, payments engine, and cryptocurrency platform, is now offering customers the chance to buy Bitcoin, Litecoin, Ethereum and other top cryptocurrencies with debit and credit cards, for a card fee of no more than 0.99%, until the end of February… Read More

February 4, 2020 @ 1:03 pm By Samantha Hurst  |  

The European Investment Bank (EIB) announced on Tuesday it has signed a €20 million venture debt deal with digital money transfer service, Azimo. EIB reported that the financing is supported by the European Fund for Strategic Investments (EFSI), the financial pillar of the Investment Plan… Read More

February 4, 2020 @ 12:32 pm By Samantha Hurst  |  

Global financial service platform Kabbage announced on Tuesday it has launched access to custom loans for Kabbage Payments customers. Kabbage reported the new lending product offers U.S. small businesses more control over short-term funding needs. Kabbage also revealed that with custom loans, Kabbage Payments customers choose any… Read More

February 4, 2020 @ 10:36 am By Samantha Hurst  |  

Dublin City University announced on Tuesday it is teaming up with online learning platform FutureLearn to launch a new online accredit short course on fintech. The University revealed that the online course was developed by its business school and it is aimed at professionals who… Read More

February 4, 2020 @ 9:33 am By Samantha Hurst  |  

Stori, a Mexico-based digital banking startup, announced on Tuesday it secured $10 million through its Series A2 funding round, which was co-led by Bertelsmann Investments (BI) and Source Code Capital, with participation from existing investor Vision Plus Capital.  Stori has so far raised more than… Read More

February 4, 2020 @ 8:35 am By Samantha Hurst  |  

Singapore-based ride-hailing company Grab announced on Tuesday it is set to acquire Bento Invest Pte Ltd, a Singapore-based robot-advisory startup. Grab reported that with the acquisition, Bento will be rebranded to GrabInvest, which will be a new core business vertical under Grab’s financial services arm,… Read More

February 4, 2020 @ 7:37 am By Samantha Hurst  |  

Finix, a payments infrastructure platform based in the U.S., announced on Tuesday it secured $35 million through its Series B funding round, which was led by Sequoia Capital with participation from Acrew Capital, Bain Capital Ventures, Activant Capital, and Inspired Capital. The funding round comes… Read More

February 3, 2020 @ 10:38 pm By Samantha Hurst  |  

Scottish brewery Innis & Gunn is set to close its latest equity crowdfunding campaign on Seedrs with more than £3.2 million secured. Through the campaign, which originally launched in December, the brewery sought to raise a minimum of £3 million. Innis & Gunn is claiming… Read More

February 3, 2020 @ 3:05 pm By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Monday it has appointed Lisa Stanton to its board of directors. Trulioo reported that  Stanton is currently an executive at American Express and will help guide the identity verification provider along its mission to “verify the… Read More

February 3, 2020 @ 1:32 pm By Samantha Hurst  |  

Germany-based banking group Varengold Bank announced on Monday it has opened its new fintech hub in Berlin. According to Board of Managing Directors member, Frank Otten, the new hub will “add value” for the Varengold Bank’s current customers in Berlin because the bank will provide… Read More

February 3, 2020 @ 11:54 am By Samantha Hurst  |  

Worldline, (Euronext: WLN) a European payments and transactional services firm announced on Monday it has acquired French fintech Ingenico for €7.8 billion. The companies reported that their Boards of Directors have unanimously approved a business combination agreement pursuant to which Worldline would launch a tender… Read More

February 3, 2020 @ 11:30 am By Samantha Hurst  |  

Remitly, a U.S.-based online money transfer service, announced on Monday it has launched a new mobile banking service called Passbook by Remitly specifically for the immigrant community. According to Remitly, the service offers an app-based account that charges no monthly fees, ATM fees, overdraft charges or… Read More

February 3, 2020 @ 10:56 am By Samantha Hurst  |  

Accenture announced on Monday it has acquired Mudano, which is a strategic data consultancy to UK financial services firms, further enhancing its analytics, data and artificial intelligence (AI) transformation capabilities. Founded in 2014, Mudano notably advanced analytics, applied data science and modern data technologies to… Read More

February 3, 2020 @ 10:05 am By Samantha Hurst  |  

Small Robot, a UK-based ag-tech that is building sustainable farming robots, has successfully secured more than £1 million through its latest equity crowdfunding campaign on Crowdcube. The funding round was launched last month and quickly secured its £700,000 funding target, with £560,000 was topped within… Read More