September 4, 2019 @ 7:57 am By Samantha Hurst  |  

Accion Venture Lab, a seed-stage investment initiative of global nonprofit Accion, announced on Wednesday the launch of its new fund that is for inclusive fintech startups.  The organization reported that it is adding $33 million to its initial capital pool, with the launch of the… Read More

September 3, 2019 @ 4:04 pm By Samantha Hurst  |  

trueDigital Holdings, LLC, a global provider of financial infrastructure technologies and products for the digital economy, announced on Tuesday it has rebranded to Tassat. According to trueDigital, the new name represents the company’s values and its focused, pragmatic and client-centric approach to delivering institutional-grade and… Read More

September 3, 2019 @ 3:25 pm By Samantha Hurst  |  

UK-based peer-to-peer lender RateSetter announced on Tuesday the launch of its new investment products. The lending platform reported that its goal is to deliver the most consistent returns and the most liquid investment in peer-to-peer investing. RateSetter noted that its delivery of consistent returns is… Read More

September 3, 2019 @ 3:03 pm By Samantha Hurst  |  

Global financial service platform Kabbage announced on Tuesday it has acquired Radius Intelligence, a  small-business data platform. Kabbage reported that the acquisition allows it to more deeply understand and serve small businesses as it adds insights from more than 20 million U.S. small businesses to… Read More

September 3, 2019 @ 12:52 pm By Samantha Hurst  |  

Banking service platform Monese announced on Tuesday it has formed a new partnership with pan-European partnership with the cross-border deposits marketplace Raisin to launch a new service called Monese Savings. Monese reported that through the partnership, personal account customers in the UK, Germany, Austria, France,… Read More

September 3, 2019 @ 12:11 pm By Samantha Hurst  |  

Less than a month after launching its equity crowdfunding campaign on Seedrs, Kingston’s professional football club AFC Wimbledon has successfully secured its initial £2 million funding target from more than 3,600 investors. The initiative made its debut with a mission to raise the funds for… Read More

September 3, 2019 @ 10:58 am By Samantha Hurst  |  

Standard Chartered announced on Tuesday it has formed a strategic agreement with Traydstream to introduce its digital trade document matching services to the Bank’s clients, which is claimed to deliver increased efficiency and transparency to document trade processing and improving the trade finance experience for… Read More

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

Global innovation platform Plug and Play announced on Tuesday 11 startups have joined Abu Dhabi Global Market (ADGM) Fall 2019 Accelerator program, which is the third fintech and Travel & Hospitality accelerator program. Plug and Play reported that Plug and Play ADGM kicked off its… Read More

September 3, 2019 @ 8:53 am By Samantha Hurst  |  

Kasisto, the creators of KAI, a digital experience platform for the financial services industry, today announced on Tuesday it secured $15 million through its Series B extension funding round, which was led by new investor Rho Capital Partners with participation from Oak HC/FT, Propel Venture… Read More

September 2, 2019 @ 9:02 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has signed a  Memorandum Of Understanding (MoU) with Brightstar, a device lifecycle management company, to partner in the areas of digital consumer lending, payment acceptance processing, and card issuing. While sharing more… Read More

September 2, 2019 @ 8:44 am By Samantha Hurst  |  

Worldline (Euronext: WLN), a European payment and transaction services provider, announced on Monday that it and payments platform giant PayPal have extended their contract in order to facilitate mobile payments in Latin America.  Under the terms of the agreement, which was extended for an additional… Read More

September 1, 2019 @ 11:10 pm By Samantha Hurst  |  

Online lending platform Biz2Credit announced on Friday its latest analysis of industry sectors found that restaurant loan approval rates were above 50% in 2018. Biz2Credit revealed that though the analysis noted that restaurants and accommodation businesses had the highest loan approval rates (51%) in 2018… Read More

September 1, 2019 @ 10:52 pm By Samantha Hurst  |  

Life Length, a Spain-based telomere diagnostics and analyses company, is set to close its equity crowdfunding campaign on Crowdcube with more than £2.1 million in funding from nearly 1,000 investors. The campaign was launched earlier this summer and quickly raised £650,000 funding target. As previously… Read More

September 1, 2019 @ 10:46 pm By Samantha Hurst  |  

Troubadour Goods, a London-based menswear brand that specializes in designing and creating handcrafted leather goods, has returned to Seedrs just a little over two years after securing £583,769 through its previously equity crowdfunding round. The company, which quickly raised its new initial £411,248 funding target,… Read More

August 30, 2019 @ 10:56 pm By Samantha Hurst  |  

Digital bank Revolut announced earlier this week the launch of its new 3D secure (3DS) payments feature. According to Revolut, the feature was created to help fight against fraud and to keep Revolut users safe. “3DS is a step you take when buying something online… Read More

August 30, 2019 @ 10:37 pm By Samantha Hurst  |  

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Friday it has made some changes to its management team. Hexindai reported that Johnson Qisen Zhang, the online lender’s CFO, has departed from the company and Kerrie Rui Zhang has replaced Johnson as Hexindai’s new CFO. … Read More

August 30, 2019 @ 10:15 pm By Samantha Hurst  |  

Italy-based cryptocurrency exchange platform, Young Platform, is set to close its Seedrs campaign with nearly €800,000 in funding. The funding round was launched on the equity crowdfunding platform earlier this summer and quickly secured its initial €500,000 funding target. It has attracted more than 700… Read More

August 30, 2019 @ 2:46 pm By Samantha Hurst  |  

Global digital asset exchange OKCoin, along with OK Group, announced on Friday it has appointed Hong Fang as Chairman of OKCoin and Chief Operating Officer of OK Group. According to OKCoin, Fang is a former Goldman Sachs banker, as well as an early investor in… Read More

August 30, 2019 @ 2:39 pm By Samantha Hurst  |  

Nacha, a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable ACH payments and financial data exchange within the U.S. and across geographies, announced on Thursday it has named Plaid as one of its preferred partners for account validation. According to Nacha,… Read More

August 30, 2019 @ 10:07 am By Samantha Hurst  |  

Arival, a digital bank that seeks to be crypto-friendly, is set to close its equity crowdfunding campaign on Crowdcube with nearly £1.2 million in funding. The banking group reported that the progress bar includes £1,065,060 raised through a co-offering (i.e. on SeedInvest). The Crowdcube round… Read More