October 9, 2019 @ 7:21 am By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Wednesday it has teamed up with Finastra to offer its blockchain technology through Finastra’s payment solution to support cross-border payments. It was revealed: “As part of the collaboration, Finastra’s customers will be able to… Read More

October 8, 2019 @ 3:50 pm By Samantha Hurst  |  

OmiseGO, a U.S.-based blockchain payments processor, announced on Tuesday it has joined the Universal Protocol Blockchain Alliance, which is a coalition of blockchain organizations dedicated to extending new and innovative use cases for cryptocurrency around the globe. OmiseGO reported it will incorporate the Universal Protocol… Read More

October 8, 2019 @ 3:26 pm By Samantha Hurst  |  

Patch, a UK-based modern plant shop for “modern plant people,” has not only surpassed its initial £500,000 funding target, it is now nearing £1.1 million secured during its equity crowdfunding campaign on Crowdcube. Through the funding round, the company is offering 5.05% in equity at… Read More

October 8, 2019 @ 3:04 pm By Samantha Hurst  |  

Anna Money, a UK-based fintech that specializes in SME business banking, has successfully secured its initial £3 equity crowdfunding campaign target on Seedrs. As previously reported, Anna stands for Absolutely No-Nonsense Admin. The company describes itself as a business current account for startups and small… Read More

October 8, 2019 @ 2:29 pm By Samantha Hurst  |  

Kiva, a crowdfunding platform dedicated to connecting people through lending, announced on Monday it has deployed $1 billion in loans to female entrepreneurs around the globe. Kiva reported that its goal is to create a more connected and inclusive financial system that empowers all individuals… Read More

October 8, 2019 @ 12:56 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has teamed up with SES-imagotag to accelerate in-store mobile payments adoption. Through the new collaboration, the two companies are developing a “pay to tag” solution connecting Wirecard’s mobile payment platform with all… Read More

October 8, 2019 @ 11:09 am By Samantha Hurst  |  

  Citi announced on Tuesday that it has formed a new partnership with Cachematrix, a software-as-a-service fintech firm that is focused on simplifying cash management, to launch a refreshed digital investment platform. “The new Online Investments MMF solution will allow treasury professionals to manage their… Read More

October 8, 2019 @ 9:53 am By Samantha Hurst  |  

Peer to peer lender Beehive announced on Tuesday it has facilitated funding for its first SME in Bahrain. According to the online lending platform, the SME, Bahrain-based Mira Packaging Factory, manufactures disposable paper cups and other food packaging solutions to the GCC and African F&B industry.  “Since… Read More

October 8, 2019 @ 9:07 am By Samantha Hurst  |  

Canadian fintech Mogo Finance Technology announced on Tuesday it has formed a partnership with goeasy Ltd. (TSX:GSY)  to provide Canadians with personal loans up to $15,000 with terms of up to 5 years, all available quickly and conveniently from a mobile device using the Mogo app. According… Read More

October 8, 2019 @ 8:39 am By Samantha Hurst  |  

China Rapid Finance Limited (NYSE: XRF), one of China’s largest consumer lending marketplaces, announced on Tuesday it has formed a new strategic partnership with Chengdu Qiye Technology to offer services for institutionally-funded lending to small and medium-sized businesses. According to China Rapid Finance, the partnership marks… Read More

October 7, 2019 @ 5:15 pm By Samantha Hurst  |  

U.S.-based blockchain account platform Squarelink announced last week the launch of its latest product Event Pass. According to Squarelink, Event Pass is a tool for event organizers to “bootstrap” a crypto-based point-of-sales economy. Squarelink also noted that Event Pass, event organizers can quickly onboard people… Read More

October 7, 2019 @ 5:00 pm By Samantha Hurst  |  

Oneiro, global provider of blockchain solutions, announced last week it secured $5 million through its Series A funding round, which was led by Cosimo Ventures. Oneiro reported that this is the second investment round by Cosimo to Oneiro, following a seed round of $3 million… Read More

October 7, 2019 @ 4:48 pm By Samantha Hurst  |  

Accenture (NYSE: ACN) announced last week it is set to acquire product development and engineering company, Nytec. Accenture reported that Nytec will become part of Accenture Industry X.0, which notably offers capabilities that drive the digital reinvention of industry. This also includes creating new types of… Read More

October 7, 2019 @ 4:19 pm By Samantha Hurst  |  

Tide, a UK-based SME challenger banking, announced on Monday it secured £44.1 million through its Series B funding round, which was led by specialist fintech investment companies, The SBI Group and Augmentum Fintech plc. As previously reported, Tide describes itself as a current account that saves businesses time and… Read More

October 7, 2019 @ 4:06 pm By Samantha Hurst  |  

Payments platform Stripe announced on Monday it has launched its services in Malaysia. Stripe reported that businesses throughout the country may now easily accept and manage payments, as well as have access to the full Stripe stack, which includes Billing, Connect, Radar and Sigma. “More… Read More

October 4, 2019 @ 9:13 pm By Samantha Hurst  |  

Payments platform giant PayPal announced earlier this week it has received approval from The People’s Bank of China to acquire 70% equity interest in Guofubao Information Technology Co. (GoPay), Ltd., a holder of a payment business license in China. This will allow PayPal to provide… Read More

October 4, 2019 @ 9:03 pm By Samantha Hurst  |  

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced on Friday the sudden passing of its CEO, Jud Bergman. According to Envestnet, Bergman, along with his wife, Mary Miller, were involved in an automobile accident on Thursday. Following… Read More

October 4, 2019 @ 2:33 pm By Samantha Hurst  |  

Fintech unicorn SoFi announced on Friday it has appointed Airbnb’s Vice President and General Manager, Clara Liang to its Board of Directors. According to SoFi, Liang has been with Airbnb since 2016 and has also led product management for community support, payments, trust, and infrastructure…. Read More

October 4, 2019 @ 2:11 pm By Samantha Hurst  |  

PayRue, a European based wallet focusing on exchange, transfer, and storage of cryptocurrencies, announced on Friday it has teamed up with global investment platform TokenMarket to continue its European expansion. PayRue reported that as part of the partnership, it has acquired TokenMarket’s decentralized crypto exchange… Read More

October 4, 2019 @ 1:36 pm By Samantha Hurst  |  

Switzerland’s Finanz und Wirtschaft Forum announced this week it is encouraging all Swiss fintech startups to sign up for the Swiss FinTech Awards. According to the organization, the purpose of the Swiss FinTech Awards is to promote Swiss connects innovators and to continue to the… Read More