September 13, 2019 @ 8:25 am By Samantha Hurst  |  

Wirex, a hybrid personal finance platform that merges blockchain tech and traditional finance, announced on Friday it has launched its enhanced cryptoback rewards program. Wirex reported that customers may now earn up to 1.5% back in Bitcoin on Wirex Visa card purchases. “Released in 2018,… Read More

September 12, 2019 @ 10:47 pm By Samantha Hurst  |  

KoreConX announced on Thursday it has formed a new partnership with broker-dealer payment infrastructure, POSConnect, to provide users with a secure payment solution. KoreConX reported that by using a cloud-driven EMV/NFC payments technology, POSConnect allows investors to complete transactions in an effortless, streamlined capital raising… Read More

September 12, 2019 @ 10:36 pm By Samantha Hurst  |  

Italy-based cryptocurrency exchange platform, Young Platform, has closed its equity crowdfunding campaign on Seedrs with a total of €787,480 in funding secured. The funding round was launched on the equity crowdfunding platform earlier this summer and quickly secured its initial €500,000 funding target while attracting… Read More

September 12, 2019 @ 2:35 pm By Samantha Hurst  |  

Argyle, A U.S.-based company that provides infrastructure for consumers to connect their workforce platforms to businesses, announced on Thursday it secured $2.6 million through its seed round, which was led by Checkr and Bain Capital Ventures. Founded last year, Argyle states its mission is to… Read More

September 12, 2019 @ 2:22 pm By Samantha Hurst  |  

LendKey, a lending-as-a-service solution for banks and credit unions, announced on Thursday it surpassed $3 billion in loan originations for its lending partners. The lender reported that nearly 300 lenders have utilized the company’s turnkey digital lending solution to expand product offerings across multiple asset classes… Read More

September 12, 2019 @ 8:50 am By Samantha Hurst  |  

UK-based tech-enabled beauty business blow LTD has closed its latest equity crowdfunding round on Seedrs with a total of £1,930,470 in funding secured. The campaign was launched last month, originally seeking £1.5 million. blow LTD previously raised £1.35 million through its other crowdfunding campaign on… Read More

September 12, 2019 @ 8:44 am By Samantha Hurst  |  

UTRUST, a cryptocurrency payment solution designed to modernize the finance and payments industry, announced on Wednesday its integrated UTK token is now listed on digital asset trading platform, DigiFinex. According to UTRUST, the native UTK token is designed as a utility for the UTRUST platform… Read More

September 12, 2019 @ 7:53 am By Samantha Hurst  |  

Global innovation platform Plug and Play announced on Thursday its Fintech Europe accelerator program has selected eight startups for its fourth batch. Plug and Play reported together with Deutsche Bank, TechQuartier, BNP Paribas, Nets Group, UniCredit, Aareal Bank, Abanca, Danske Bank, DZ Bank, Elo, and… Read More

September 11, 2019 @ 3:28 pm By Samantha Hurst  |  

Global financial service platform Kabbage announced this week the launch of its new Small Business Revenue Index. According to Kabbage, the index has two million live data connections the platform maintains across its customer base of more than 200,000 small businesses. “The Kabbage Small Business… Read More

September 11, 2019 @ 2:10 pm By Samantha Hurst  |  

U.S.-based fintech Dwolla announced on Tuesday it has formed a new partnership with Currencycloud to allow clients to facilitate international payments. According to Dwolla, the collaboration provides businesses with a solution to send and receive international payments in a digital economy. While sharing more details… Read More

September 11, 2019 @ 1:20 pm By Samantha Hurst  |  

UK-based investment services Smarterly completed its equity crowdfunding campaign on Seedrs with a total of £2,575,103 secured. The funding round was launched earlier this summer, originally seeking £2 million. Smarterly is on a mission to turn the UK into a nation of investors, by promoting the… Read More

September 11, 2019 @ 12:38 pm By Samantha Hurst  |  

Mastercard announced on Wednesday it is teaming up with enterprise blockchain software provider R3 to develop and pilot a new blockchain-enabled cross-border payment solution. According to Mastercard, the solution will initially focus on connecting global faster payments infrastructures, as well as schemes and banks supported… Read More

September 11, 2019 @ 11:36 am By Samantha Hurst  |  

Real estate investment platform PeerStreet announced on Tuesday it won first place in CRETech’s 2019 Real Estate Tech Awards (RETAs for the Information & Intelligence – Crowdfunding category. According to PeerStreet, CRETech’s RETAS recognizes the year’s most innovative and cutting-edge companies that have played an integral role… Read More

September 11, 2019 @ 7:42 am By Samantha Hurst  |  

OneConnect Financial Technology Co. Ltd. (OneConnect), an associate company of China’s insurance giant Ping An Group, announced on Wednesday it has signed a memorandum of understanding (MoU) with insurer Asuransi Sinarmas, a unit of Sinarmas. OneConnect reported that through the MoU it will enable Asuransi Sinarmas to… Read More

September 11, 2019 @ 7:00 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it is partnering with U.S. business funding fintech Credibly to digitalize funding disbursement. Wirecard claims to be one of the largest issuers of payout cards in the U.S. and is now offering fully… Read More

September 11, 2019 @ 6:50 am By Samantha Hurst  |  

Chinese consumer financing platform LexinFintech announced on Wednesday it has entered into a convertible note purchase agreement with PAG issue and sell convertible notes in an aggregate principal amount of $300 million through a private placement.  LexinFintech reported that the convertible notes will mature in seven… Read More

September 10, 2019 @ 3:47 pm By Samantha Hurst  |  

Blockchain security company CipherTrace announced on Tuesday the launch of its open-source Travel Rule Information Sharing Architecture (TRISA) solution. According to CipherTrace, TRISA enables cryptocurrency exchanges to comply with new funds Travel Rule requirements. CipherTrace revealed that Virtual Asset Service Providers (VASPs) may immediately begin… Read More

September 10, 2019 @ 3:20 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it has on-boarded more than 100 institutional clients during the first half of 2019. Celsius Network confirmed that in order to use its services, institutions must complete a rigorous KYC and AML application and evaluation… Read More

September 10, 2019 @ 2:53 pm By Samantha Hurst  |  

Payments platform Stripe announced on Monday it has launched its services in eight additional European countries. The countries are Poland, Estonia, Latvia, Lithuania, Slovakia, Slovenia, Greece, and Portugal. Stripe claimed since its launch in 2011 tens of thousands of businesses across Europe has asked the… Read More

September 10, 2019 @ 2:09 pm By Samantha Hurst  |  

Gemini Trust Company, a U.S.-based cryptocurrency exchange and custodian, announced on Tuesday the launch of its new institutional-grade crypto custody solution, Gemini Custody. Gemini reported that the solution was built from the ground up to meet the “complex and high-stakes” need of modern financial institutions…. Read More