September 10, 2019 @ 2:00 pm By Samantha Hurst  |  

Kaiko, a digital assets data provider, announced on Tuesday it raised €5 million through its latest seed funding round led by global financial services investors Anthemis Group and Point Nine Capital with participation from CoinShares. Founded in 2014, Kaiko describes itself as a market data… Read More

September 10, 2019 @ 12:21 pm By Samantha Hurst  |  

Student loan marketplace, College Ave Student Loans, announced on Tuesday it has completed a $300 million securitization of private student loans, its third securitization and largest to date. According to College Ave, the transaction was oversubscribed attracting a broad and diverse group of repeat investors and… Read More

September 10, 2019 @ 11:09 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has expanded its existing collaboration with Malaysia’s Affin Bank Berhad. Wirecard reported that through this partnership, more than 300,000 Affin Bank customers are already benefitting from an array of services such as… Read More

September 10, 2019 @ 10:10 am By Samantha Hurst  |  

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Tuesday its support for the decision by industry regulators to include the country’s P2P platforms in the central bank’s credit system. The online lender reported that it believes this as a positive move for the P2P… Read More

September 10, 2019 @ 8:57 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 Tuesday the integration of its billing solution with the NATS platform. According to PumaPay, the PumaPay PullPayment Protocol is based upon a “unique, smart contract architecture,”… Read More

September 9, 2019 @ 3:53 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Monday it has teamed up with Visa to launch a new debit card service. MoneyGram reported that the money transfer option will allow customers in the U.S. to send money domestically through its mobile app or… Read More

September 9, 2019 @ 3:45 pm By Samantha Hurst  |  

Sonovate, a UK-based fintech provider, announced on Monday it raised £110 million through its latest debt and equity financing round, which was led by M&G Investments, MXB Holdings Inc, Dawn Capital, and Rocket Internet SE. Founded in 2012, Sonovate reported it has created an end-to-end… Read More

September 9, 2019 @ 3:06 pm By Samantha Hurst  |  

Cryptocurrency trading platform PrimeXBT announced on Monday it is planning to use the Crystal platform, which is Bitfury Group’s blockchain analytics and crypto compliance software, Crystal, for advanced anti-money laundering/counter-terrorism financing monitoring and increased client security. According to PrimeXBT, the Crystal adoption will improve the… Read More

September 9, 2019 @ 2:33 pm By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, announced on Monday it has received its full banking license from the Australian Prudential Regulation Authority (APRA) and has launched its bank accounts.  Founded in 2017, Xinja Bank describes itself as an independent 100% digital neobank for Australians that is… Read More

September 9, 2019 @ 12:02 pm By Samantha Hurst  |  

Real estate crowdfunding platform CrowdStreet announced on Monday the launch of its new Diversified Opportunity Zone Fund. According to CrowdStreet, the fund will focus on new development and redevelopment in small and mid-market U.S. Opportunity Zone communities with high growth potential. “A Qualified Opportunity Fund… Read More

September 9, 2019 @ 11:49 am By Samantha Hurst  |  

Spendesk, a France-based smart spending management software company, announced on Monday it secured  €35 million through its Series B funding round, which was led by Index Ventures, who previously led the company’s €8 million Series A round. Founded in 2016, Spendesk describes itself as a… Read More

September 9, 2019 @ 10:15 am By Samantha Hurst  |  

PEAK6, a U.S.-based investment and technology firm, announced on Monday it has acquired Electronic Transaction Clearing, a custodian and clearing provider. According to PEAK6, ETC’s institutional orientation will “expand” the company’s footprint in custody and clearing and is a direct complement to one of its… Read More

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

PrimaryBid, an online funding platform that enables investors to gain access to placings of AIM-listed companies, reportedly secured £7 million through its latest investment round, which was led by Pentech and Outward VC.  Founded in 2012, PrimaryBid describes itself as a platform that allows private… Read More

September 8, 2019 @ 10:50 pm By Samantha Hurst  |  

SALT, a crypto-collateralized online lending platform, announced on last week that beginning October 1st it will offer the just released PAX Gold (PAXG) as a collateral type for clients seeking to use their digital assets as collateral to secure a USD loan. The online lender… Read More

September 8, 2019 @ 10:35 pm By Samantha Hurst  |  

Whoomies, a France-based home-sharing mobile app, is now nearing €400,000 during the final days on equity crowdfunding platform Seedrs. The app’s campaign was launched earlier this summer and quickly secured its initial €300,000 funding target. More than 150 investors have invested in the funding round… Read More

September 8, 2019 @ 10:20 pm By Samantha Hurst  |  

Blink, part of Leeds headquartered CPP Group Plc, recently announced it has teamed up with Canadian travel insurance group Manulife to support the roll-out of real-time insurance services. CPP claimed that since its inception in 2016, Blink has quickly established itself as one of the most… Read More

September 6, 2019 @ 10:22 pm By Samantha Hurst  |  

Detroit FinTech Bay announced on Thursday it is set to welcome the Detroit Blockchain Center as a resident within its space in TechTown Detroit. The organization reported that the Detroit Blockchain Center is a registered nonprofit with the state of Michigan focused on coordinating and… Read More

September 6, 2019 @ 10:14 pm By Samantha Hurst  |  

Brazilian fintech EBANX announced on Friday it has formed a partnership with AliExpress, a global retail online marketplace of Alibaba Group, to launch a physical store in Curitiba, Brazil.  According to EBANX, the store consists of a 32 meters panel, installed in one of the… Read More

September 6, 2019 @ 2:43 pm By Samantha Hurst  |  

goeasy Ltd. (TSX: GSY), a provider of financial services for non-prime Canadians, announced earlier this week it has formed a new partnership and invested in PayBright, a Canadian fintech platform focused on instant point-of-sale consumer financing and installment payment plans. goeasy reported that through the… Read More

September 6, 2019 @ 2:02 pm By Samantha Hurst  |  

Inadash, a UK-based property renting platform, has successfully secured its initial 350,000 funding target on equity crowdfunding platform Seedrs. Founded in 2016, Inadash claims to be the fastest-growing property app in London and is on a mission to build an “innovative way” for people to… Read More