October 18, 2019 @ 4:02 pm By Samantha Hurst  |  

Creditspring, a UK-based subscription-based loan membership platform, has officially closed its equity crowdfunding campaign on Seedrs. The company completed the funding round with a total of £1,571,666 secured. Through the initiative, which was launched in August, CreditSpring offered 13.30% in equity at a £9,780,000 pre-money… Read More

October 18, 2019 @ 3:48 pm By Samantha Hurst  |  

Circle announced on Friday that its internal group, Poloniex, will be “spinning out” from Circle to become a new independent international company called Polo Digital Assets, Ltd. According to Circle, the spin-out, which is back by an undisclosed Asian investment group, will bring significant resources… Read More

October 18, 2019 @ 9:12 am By Samantha Hurst  |  

American Express (NYSE:AXP) announced on Thursday it has reimaged its American Express Corporate Program with new offerings to meet the needs of both companies and their employees. The new suite of products includes  American Express Corporate Green, Gold, and Platinum Card. Each of the cards will… Read More

October 18, 2019 @ 7:57 am By Samantha Hurst  |  

Standard Chartered announced on Thursday it is set to offer clients an extensive range of cash management services out of London and Frankfurt covering the UK and Eurozone countries, following investment in a new cash management infrastructure. According Standard Chartered, the infrastructure is currently scheduled… Read More

October 17, 2019 @ 10:27 pm By Samantha Hurst  |  

U.S. digital bank Radius Bank announced on Thursday it has teamed up with Credible to expand its digital marketplace. Radius Bank reported that through the partnership, consumers can source competitive rates for student loans, student loan refinancing and personal loans through the Radius platform. The… Read More

October 17, 2019 @ 10:17 pm By Samantha Hurst  |  

West Creek, a U.S.-based fintech company that provides point-of-sale financing, announced on Thursday it secured a $150 million credit facility from Pollen Street Capital, bringing the company’s total credit facility capacity to $250 million. Founded in 2014, West Creek claims it focuses on using big data… Read More

October 17, 2019 @ 10:06 pm By Samantha Hurst  |  

Cryptocurrency trading platform PrimeXBT announced on Thursday its new fee system, which lowers fees up to 50% for active traders. The platform reported that it continues to grow its competitive advantage by reducing the already low fees offered on its advanced trading platform, encouraging increased… Read More

October 17, 2019 @ 2:52 pm By Samantha Hurst  |  

Payments platform giant PayPal (NASDAQ: PYPL) announced on Thursday it has extended its strategic consumer credit partnership with Synchrony (NYSE: SYF). PayPal reported that through the collaboration, Synchrony will become the exclusive issuer of a Venmo co-branded consumer credit card in the U.S., which is… Read More

October 17, 2019 @ 2:35 pm By Samantha Hurst  |  

Bill.com, a business payments and software platform provider, announced on Wednesday its new set of offerings designed to help midmarket companies better automate their AP/AR functions and achieve greater operational efficiencies. According to Bill.com, the newly introduced capabilities for the midmarket include support for a centralized,… Read More

October 17, 2019 @ 10:36 am By Samantha Hurst  |  

PumaPay, a blockchain payments system that provides an open-source “free-of-charge blockchain-based protocol” that decentralizes the transaction process, announced on Thursday it has teamed up with cryptocurrency data resource platform Cointelligence to make cryptocurrency and blockchain education accessible for everyone. According to the duo, the education… Read More

October 17, 2019 @ 10:20 am By Samantha Hurst  |  

Galileo Financial Technologies, a U.S.-based fintech, announced on Thursday it secured $77 million through its Series A funding round, which was led by Accel with participation from Qualtrics Co-Founder and CEO Ryan Smith.   Founded in 2000, Galileo claims it has grown to become one of… Read More

October 17, 2019 @ 8:27 am By Samantha Hurst  |  

Paysafe Group, a global payments provider, announced on Thursday it has launched its mobile pay service in the U.S. Paysafe reported that the solution was developed following strong interest from US small and medium-sized businesses (SMBs) in integrating mobile payment apps. Thirty percent of American… Read More

October 16, 2019 @ 4:29 pm By Samantha Hurst  |  

Peer to peer property lender CrowdProperty has unveiled a new lending product specially for new construction methods.  According to P2PFinanceNews, the lending platform is offering a new product, Modern Methods of Construction (MMC) Finance, which will cover building with alternative materials including modular, structural insulated… Read More

October 16, 2019 @ 4:15 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday it has provided more than 10,000 Kiva micro-loans to entrepreneurs in the developing world through Lendio Gives. Lendio reported that its Lendio Gives is an employee donation and employer matching program focused on facilitating global entrepreneurship. To… Read More

October 16, 2019 @ 2:25 pm By Samantha Hurst  |  

Dinghy, a UK-based insurtech platform specifically for freelancers, announced on Wednesday it has appointed Dorian Zanker as its new CEO. The company reported that the appointment is part of its strategy to accelerate its growth in the UK and international freelance business market. This news… Read More

October 16, 2019 @ 2:17 pm By Samantha Hurst  |  

Digital wallet platform Spend.com announced on Wednesday it has formed a new partnership with Evolve Bank & Trust. The company reported the collaboration will help grow and strengthen the communities in which both companies serve and provide fresh and exciting products. “Spend.com is solely committed… Read More

October 16, 2019 @ 12:59 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has teamed up with global stablecoin provider TrustToken to offer interest income on True Great Britain Pound (TGBP), True Australian Dollar (TAUD), True Canadian Dollar (TCAD), True Hong Kong Dollar (THKD), True US… Read More

October 16, 2019 @ 12:49 pm By Samantha Hurst  |  

Emolize Co., Ltd, a Korean cross-border mobile payment platform, announced on Wednesday it has expanded its global payment services through its mobile app, Payvil, to Hong Kong and Thailand in September 2019, with further expansion reaching about 16 countries by the end of 2019. The… Read More

October 16, 2019 @ 12:11 pm By Samantha Hurst  |  

MoreFrom, a UK based independent online IT retailer, announced on Wednesday has it partnered with Utrust, the cryptocurrency payment solution offering instant transactions, buyer protection, and crypto-to-cash settlements. MoreFrom reported that customers may now pay for more than 200,000  products from over 600 brands using… Read More

October 16, 2019 @ 11:54 am By Samantha Hurst  |  

Blockchain technology firm Fineqia International Inc. announced on Wednesday its U.K. subsidiary Fineqia Limited has successfully arranged for the issuance and subscription of a €2.94 million bond against assets of loan receivables. According to Fineqia, Fineqia Ltd placed the bond issued by PremFina Ltd (“PremFina”)… Read More