September 20, 2019 @ 7:56 pm By Samantha Hurst  |  

IOTA Foundation, a non-profit foundation focused on distributed ledger technology and permissionless ecosystem development, announced on Friday the launch of Industry Marketplace, which is described as a decentralized marketplace that will automate the trading of physical and digital goods and services. According to IOTA Foundation,… Read More

September 20, 2019 @ 3:42 pm By Samantha Hurst  |  

U.S.-based insurtech startup Spot announced on Friday it has launched its subscription-model injury coverage, which provides coverage for out-of-pocket expenses, including insurance deductibles. Founded in 2017, Spot described itself as an ambitious startup entering the insurance industry by opening an entirely new channel of distribution… Read More

September 20, 2019 @ 3:32 pm By Samantha Hurst  |  

Less than two years after securing more than £2.6 million in funding through its previously Crowdcube campaign, UK-based parking innovator JustPark has returned to the equity crowdfunding platform and has already raised more than £5.8 million from nearly 3000 investors.  As previously reported, JustPark was… Read More

September 20, 2019 @ 3:12 pm By Samantha Hurst  |  

Global fintech BANKEX announced on Friday it has formed a new partnership with 1World to standardize messenger content sales of publishers represented on 1World platform through Bankex’ MainWallet. Bankex reported that its MainWallet facilitates transactions in messengers where a publisher can sell articles, subscriptions, and… Read More

September 20, 2019 @ 9:53 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Friday it has formed a partnership with Enuygun, a Turkey-based online travel agency for flights, to optimize digital payments for Enuygun customers. Wirecard reported that it processes incoming credit card payments on Enuygun for… Read More

September 20, 2019 @ 9:35 am By Samantha Hurst  |  

Digital asset manager Scalable Capital announced on Friday it has formed a new partnership with European cross-border savings platform Raisin. According to Scalable Capital, customers with a portfolio account at Baader Bank can invest in fixed-term deposits with select European banks as part of a… Read More

September 20, 2019 @ 9:23 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Friday it has officially achieved Level 3 compliance with the Cryptocurrency Security Standard (CCSS). According to Crypto.com, Level 3 is considered the highest and strictest level achievable. After rigorous security audits by a team of cybersecurity and compliance… Read More

September 19, 2019 @ 9:49 pm By Samantha Hurst  |  

Payments platform Stripe announced on Thursday it secured $250 million through latest funding round at a new pre-money valuation of $35 billion. Investors involved in the funding round included General Catalyst, Sequoia, and Andreessen Horowitz. The latest round of funding comes just days after Stripe… Read More

September 19, 2019 @ 9:29 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Thursday it has plans to enhance its real-time payments capabilities for its partners through its application to join the RTP network developed by The Clearing House (TCH). Cross… Read More

September 19, 2019 @ 2:30 pm By Samantha Hurst  |  

Barclay announced on Thursday it has teamed up with global fintech investor Anthemis to co-launch a New York City-based studio targeting female entrepreneurs to establish sustainable, valuable fintech businesses. According to Barclays, the Female Innovators Lab by Barclays and Anthemis is a hands-on program targeting… Read More

September 19, 2019 @ 2:15 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it was named preferred interest-bearing wallet for the Litecoin Foundation. Along with the collaboration, the Litecoin Foundation board selected Celsius to manage a portion of their treasury, a first for the organization. Speaking about… Read More

September 19, 2019 @ 9:09 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Thursday its mobile wallet app has surpassed one million downloads since its worldwide launch in May 2018. According to Crypto.com, the mobile wallet app allows users to do the following: Buy crypto at true cost and store it securely… Read More

September 19, 2019 @ 8:39 am By Samantha Hurst  |  

Itiviti, a technology and service provider to financial institutions worldwide, announced on Thursday it has formed a partnership with Seed CX, an institutional exchange and settlement platform for digital assets to allow traditional institutional firms currently utilizing Itiviti’s NYFIX network to have access Seed CX’s… Read More

September 19, 2019 @ 8:24 am By Samantha Hurst  |  

Wells Fargo & Company (NYSE: WFC) announced on Thursday it has signed a new data exchange agreement with U.S. fintech Plaid. According to the duo, this new agreement will allow Wells Fargo customers will be able to conveniently and more securely share their financial data… Read More

September 19, 2019 @ 8:05 am By Samantha Hurst  |  

GMEX Technologies Ltd., a wholly-owned subsidiary of GMEX Group providing multi-asset post-trade business and technology solutions, announced on Thursday the latest release of its GMEX Fusion Digital Capital Markets technology suite (GMEX Fusion), which was built on IBM (NYSE: IBM) Blockchain Platform. According to GMEX,… Read More

September 18, 2019 @ 4:31 pm By Samantha Hurst  |  

Payment process platform Square announced earlier this week its new free tool available to small business owners all over the U.S., the EIN Assistant from Square Payroll.  According to Square, the EIN Assistant simplifies and streamlines the process of filling out the dense, legalese-filled forms required… Read More

September 18, 2019 @ 2:30 pm By Samantha Hurst  |  

Tide, a UK-based SME challenger bank, announced on Wednesday it is set to launch its new paid plan, Tide Plus. According to Tide, Tide Plus is an upgraded account that gives users “additional support” for running their businesses.” According to Tide, the upgraded membership will… Read More

September 18, 2019 @ 2:21 pm By Samantha Hurst  |  

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it has completed a $300 million debt facility with Jefferies. Petal reported that it entered into a similar facility to borrow up to $30 million in debt… Read More

September 18, 2019 @ 1:31 pm By Samantha Hurst  |  

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Wednesday it has become a Public Benefit Corporation, which is described as a corporation that performs a specific function for the benefit of the public. According to Safwan Shah, CEO of PayActiv, the… Read More

September 18, 2019 @ 1:16 pm By Samantha Hurst  |  

Nav, a business financial management app that helps small business find the best financing by giving them free access to business and personal credit reports from major commercial and consumer credit bureaus, announced on Wednesday its new solutions that help small business owners boost their… Read More