January 23, 2020 @ 3:14 pm By Samantha Hurst  |  

WorldRemit, a UK based Fintech in the digital money transfer sector, announced on Wednesday it has formed a new global remittance partnership with Alipay. According to WorldRemit, the collaboration will enable consumers to use the WorldRemit app or website for cross-border remittances to the Alipay… Read More

January 23, 2020 @ 8:16 am By Samantha Hurst  |  

Digital-only bank platform N26 announced on Wednesday it now has more than five million customers who are banking on its platform around the globe. The company stated: “As we enter a new decade, we’re delighted to share some more fantastic news. N26 has reached another… Read More

January 23, 2020 @ 7:58 am By Samantha Hurst  |  

Australia-based digital brokerage platform Stake announced this week it has officially launched its UK beta operations.  Founded in 2017, Stake claims it democratizes global share markets to bring the “world’s largest and most dynamic” market to the rest of the world. “We believe brokerage is… Read More

January 23, 2020 @ 7:45 am By Samantha Hurst  |  

UK-based online mortgage broker, Trussle, announced on Wednesday it has raised a further £7.5m in funding as it continues its technology expansion. Trussle revealed that the investment includes funding from a new investor, the Dutch-based Rabo Frontier Ventures (RFV), alongside existing investors, Goldman Sachs Merchant Banking… Read More

January 22, 2020 @ 3:45 pm By Samantha Hurst  |  

The Royal Bank of Scotland recently announced it has launched a new £7 million program to help support communities and organizations across Scotland. The banking group reported that the Royal Bank 300 Fund has been set up to mark the bank’s 300th anniversary in 2027… Read More

January 22, 2020 @ 3:32 pm By Samantha Hurst  |  

Demica, a UK-based company that provides working capital solutions to a wide range of major corporations and financial institutions, announced on Wednesday it secured $30 million through its Series C funding round, which was led by Simcah Management LLC. Founded in 1992, Demica revealed it… Read More

January 22, 2020 @ 2:55 pm By Samantha Hurst  |  

Incognito and encrypted DNA extraction kit brand, Genobank.io, has launched a crowdfunding campaign on Republic. The company successfully raised its minimum $100,000 funding target. Founded in 2014, Genobank.io’s kits notably enable users to establish ownership & control of their genomic data using a decentralized blockchain-based… Read More

January 22, 2020 @ 1:22 pm By Samantha Hurst  |  

Liberis, a UK-based fintech, announced on Wednesday it secured £32 million through its latest investment round as it prepares to expand its services in both the U.S. and Europe. This new investment comes less than two years after Liberis received £57.5 million in combined funding… Read More

January 22, 2020 @ 1:11 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, has successfully raised more than £1.1 million through its equity crowdfunding campaign on Crowdcube. The funding round was launched earlier this… Read More

January 22, 2020 @ 11:26 am By Samantha Hurst  |  

U.S. venture capital firm Canapi Ventures announced on Wednesday the launch of its inaugural venture capital funds. The funds, which are centered around early to growth-stage financial technology investment opportunities, have received $545 million in commitments from a “robust” institutional investor base.  “Canapi focuses on… Read More

January 22, 2020 @ 9:54 am By Samantha Hurst  |  

Digital banking group Monese announced on Wednesday two million customers have officially signed up for its services. Monese reported that in 2019, customer growth tripled with more than 9,000 users now joining its platform every day. At this current growth rate, Monese is on track… Read More

January 22, 2020 @ 9:43 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday it is launching a package of premium rewards and benefits that are specifically for its Obsidian Black, Rose Gold, and Icy White cardholders.  Crypto.com reported that the package builds on the existing benefits for these cardholders which… Read More

January 22, 2020 @ 7:28 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions announced on Tuesday it is set to acquire FundsLibrary, a company focused on fund document and data dissemination in the European market, from its parent company Hargreaves Lansdown. Broadridge reported that by combining FundsLibrary’s capabilities with its existing regulatory communications… Read More

January 21, 2020 @ 4:15 pm By Samantha Hurst  |  

Neon, a Switzerland-based mobile banking app, announced on Monday it is eliminating extra fees for card payments abroad. The company revealed the exciting news by stating the following: “To pay so much in fees while abroad is just not ok anymore. Card payments and cash… Read More

January 21, 2020 @ 2:52 pm By Samantha Hurst  |  

FIS (NYSE: FIS), a financial services technology firm, announced on Tuesday it has opened applications for the 2020 FIS Fintech Accelerator. According to FIS, the FIS Fintech Accelerator program is conducted in collaboration with the State of Arkansas and Little Rock-based The Venture Center. It… Read More

January 21, 2020 @ 1:25 pm By Samantha Hurst  |  

Flutterwave, a U.S. and Lagos-based fintech that’s on a mission to build payments infrastructures to connect Africa to the global economy, has reportedly secured $35 million through its Series B funding round. Along with the investment announcement, the company revealed it is now teaming up… Read More

January 21, 2020 @ 12:56 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Tuesday it has formed a new partnership with LuLu Money, a non-banking finance group that specializes primarily in foreign exchange and global money transfers.  MoneyGram reported that through the partnership LuLu Money will utilize the MoneyGram… Read More

January 21, 2020 @ 12:12 pm By Samantha Hurst  |  

U.S. banking group TD Bank announced on Tuesday its recent survey revealed that half of corporate treasury and finance professionals do not believe an economic recession is a threat in 2020. According to the survey, payments fraud and cyber security risk are high on the… Read More

January 21, 2020 @ 10:57 am By Samantha Hurst  |  

LendingClub (NYSE: LC) announced on Tuesday it is one of 325 companies across 50 industries included in the 2020 Bloomberg Gender-Equality Index (GEI). According to LendingClub, the GEI expanded in 2020 to represent 42 countries and regions, including companies headquartered in the Czech Republic, New… Read More

January 21, 2020 @ 9:52 am By Samantha Hurst  |  

dLocal, a fintech company specializing in facilitating cross-border payments for global e-commerce merchants in emerging markets, announced on Tuesday Amazon has gone live with the dLocal local payments acceptance services in Chile. dLocal claims that the solution enables some of the world’s most innovative companies… Read More