August 30, 2019 @ 8:49 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Friday it has formed a new partnership with global retailer WHSmith for digital payments. The duo reported they are working together to expand WHSmith’s digital payment acceptance capabilities for e-commerce as well as at… Read More

August 29, 2019 @ 9:30 pm By Samantha Hurst  |  

Alto, a technology platform for investors to add alternative assets to IRAs, announced on Thursday it secured $5.4 million through its latest seed round, which was led by Jefferson River Capital and Moment Ventures. This investment round comes less than six months after Alto raised… Read More

August 29, 2019 @ 8:50 pm By Samantha Hurst  |  

Credijusto, an SME lending platform that is based in Mexico, announced on Thursday it secured $42 million through its Series B funding round, which was led by Point72 Ventures and Goldman Sachs with participation from Thomvest Ventures, Wolfson Group, Third Lake Capital and Argo Ventures,… Read More

August 29, 2019 @ 8:39 pm By Samantha Hurst  |  

IBM (NYSE: IBM) announced earlier this week it is expanding its cloud capabilities to Latin America by late 2020. According to IBM, the new IBM Cloud multizone region (MZR), which will be in Brazil, is set to become IBM’s first in Latin America and will help clients… Read More

August 29, 2019 @ 3:40 pm By Samantha Hurst  |  

Just one month after launching its latest equity crowdfunding campaign on Seedrs, UK-based tech-enabled beauty business blow LTD has surpassed its initial £1.5 million funding target is now nearing £1.8 million. The initiative’s debut comes just a few years after blow LTD raised £1.35 million… Read More

August 29, 2019 @ 2:31 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday the introduction of compounding interest for crypto holders on its site. According to Celsius Network, members will be able to earn weekly compounded interest on CEL tokens at a rate of 3% per annum…. Read More

August 29, 2019 @ 9:08 am By Samantha Hurst  |  

Flywire, a U.S.-based fintech firm that provides global payment and receivables solutions for education, healthcare, and commercial enterprises, announced on Thursday it has formed a new partnership with Vietnam-based banking group VPBank for International Tuition Payments for Vietnamese students. Flywire reported that through the partnership… Read More

August 29, 2019 @ 8:36 am By Samantha Hurst  |  

Temenos AG (SIX: TEMN), the Switzerland based banking software provider, announced on Wednesday it has acquired U.S.-based digital banking SaaS company, Kony. Temenos reported that the acquisition significantly enhances Temenos’ scale and capabilities in the U.S., adds significant digital expertise, and accelerates digital front office… Read More

August 28, 2019 @ 3:54 pm By Samantha Hurst  |  

Marketplace lending company Funding Circle (LSE:FCH) announced on Wednesday it has completed its first asset-backed securitization (ABS) of US small business loans originated through its platform. According to Funding Circle, a total of $198 million was raised through the securitization, which marks “the debut of… Read More

August 28, 2019 @ 3:42 pm By Samantha Hurst  |  

U.S. insurtech startup Kin Insurance announced on Wednesday it secured $47 million through its latest investment round. According to Kin, the funds will be used to launch its Kin Interinsurance Network, a Florida home insurance carrier. Founded in 2016, Kin describes itself as insurtech startup… Read More

August 28, 2019 @ 2:50 pm By Samantha Hurst  |  

Radius Bank, a virtual bank focused on providing clients with banking solutions to better financial health, announced on Wednesday it has formed a new partnership with NorthOne, a mobile-first, API-enabled banking platform to create small business checking accounts. Radius Bank reported the partnership is the… Read More

August 28, 2019 @ 1:40 pm By Samantha Hurst  |  

Payments platform Adyen announced on Wednesday it has formed collaboration with Alipay, a payment and lifestyle platform to support payment methods for the AliExpress, Taobao, Tmall, and Alibaba.com brands globally. Adyen reported that the partnership with Alipay allows it to support Alibaba, operator of the… Read More

August 28, 2019 @ 12:50 pm By Samantha Hurst  |  

Chargebee, a recurring billing platform for subscription-based SaaS and e-commerce businesses, announced on Wednesday it raised $14 million through its Series D funding round, which was led by Steadview Capital. The new investment brings the total funds raised to date to $38.2 million, including last… Read More

August 28, 2019 @ 11:11 am By Samantha Hurst  |  

Blockchain software solutions company GlobexUS Holdings, Corp. (Globex) announced on Wednesday the launch of its new Ethereum wallet forensics feature, which has been added to AMLCop, its proprietary AML software solution. According to Globex, the new feature allows AMLCop to continually screen Ethereum wallets against… Read More

August 28, 2019 @ 10:25 am By Samantha Hurst  |  

Salaryo, a U.S.-based fintech platform for freelancers and startups, announced on Wednesday it raised $5.5 million in new funding from Ruby Ventures and Michael Ullmann’s investment group, bringing the total funding to $6.3 million.  Founded in 2017, the company provides security deposit financing for new coworking office members and… Read More

August 27, 2019 @ 3:50 pm By Samantha Hurst  |  

FinTech Abu Dhabi, MENA’s FinTech festival that is hosted by Abu Dhabi Global Market (ADGM) announced last week its global fintech tour will be reaching even more cities ahead of the main event in Abu Dhabi this upcoming October. Abu Dhabi reported that the FinTechAD… Read More

August 27, 2019 @ 3:39 pm By Samantha Hurst  |  

Accenture (NYSE: ACN) announced on Tuesday it has acquired Fairway Technologies, a U.S.-based engineering services provider. Accenture reported the acquisition will further power the Accenture Product and Platform Engineering Services practice, which helps clients manage and innovate software-based platforms. This news comes just one week… Read More

August 27, 2019 @ 2:52 pm By Samantha Hurst  |  

Algo Capital, a financial institution that is focused on accelerating access, adoption, and liquidity of the Algorand blockchain, announced on Tuesday the closing of its Algo VC Fund at $200 million. Founded in 2015, Algo Capital creates financial products that accelerate access, adoption and liquidity… Read More

August 27, 2019 @ 2:20 pm By Samantha Hurst  |  

Just a little over four years after securing £670,760 through its previous Crowdcube round, self-service multi-currency note/coin exchange machine developer Fourex has returned to the equity crowdfunding platform to raise £900,000. As previously reported, the company’s machines use image recognition technology to automatically identify and… Read More

August 27, 2019 @ 12:30 pm By Samantha Hurst  |  

Insurtech company Ethos announced on Tuesday it secured $60 million through its Series C funding round, which was led by GV (formerly Google Ventures) with participation from Goldman Sachs. The funding comes less than a year after Ethos raised $35 million through its Series B… Read More