August 15, 2019 @ 2:20 pm By Samantha Hurst  |  

Fintech unicorn SoFi announced on Thursday the addition of 529 contributions to their SoFi at Work program. According to SoFi, the 529 contributions are inclusive of automated payroll deduction and employer contribution capabilities, as well as a forthcoming selection tool that will provide employees with… Read More

August 15, 2019 @ 2:11 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday the launch of its new Grab & Go Store prototype. According to Wirecard, the store offers an entirely new shopping experience through AI. “Consumers enter the store via smartphone, pick products which are… Read More

August 15, 2019 @ 11:58 am By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Thursday it has formed a new partnership with Bitcoin.com. According to Celsius Network, users of its services are now able to purchase BCH, BTC, ETH, and other mutually supported cryptocurrencies through the Celsius app using… Read More

August 15, 2019 @ 11:11 am By Samantha Hurst  |  

Wirex, a hybrid personal finance platform that merges blockchain tech and traditional finance, announced on Thursday it has become a type II member of the Japan Virtual Currency Exchange Association (JVCEA). Wirex claims that becoming a type II member is a vital and hard-earned step… Read More

August 15, 2019 @ 10:46 am By Samantha Hurst  |  

Fintech Unicorn and stealth bank Transferwise announced on Wednesday it is launching its debit Mastercard services in Australia and New Zealand.  Transferwise reported that its Platinum debit Mastercard has helped more than 250,000 in the UK, the U.S., and Europe avoid hidden bank fees when… Read More

August 15, 2019 @ 8:21 am By Samantha Hurst  |  

UK challenger bank Monzo announced on Thursday the launch of its flexible loans. The startup reported that over the past nine months it has gradually been offering loans to more and more of its customers to make sure its system was to “get it right.”… Read More

August 14, 2019 @ 4:14 pm By Samantha Hurst  |  

Slice Labs Inc., an on-demand insurance cloud platform provider, announced on Wednesday it has entered in a proof-of-value contract with Sompo to bring on-demand insurance to Asia. According to Slice, the new partnership brings on-demand insurance to the Asia Pacific region of Asia, the first… Read More

August 14, 2019 @ 3:45 pm By Samantha Hurst  |  

Yielders, a property investment platform based in the UK, completed its equity crowdfunding campaign on Seedrs with a total of £661,135 in funding raised. Through the funding round, Yielders offered 4.76% in equity with a £10,004,118 pre-money valuation. As previously reported, Yielders claims to be… Read More

August 14, 2019 @ 9:59 am By Samantha Hurst  |  

Lendio Franchising, Lendio’s marketplace lending franchise program, announced on Tuesday it has facilitated $50 million in loans to over 1,800 small businesses around the U.S. According to Lendio, the  loans through the franchise provide a boost to small businesses in industries ranging from healthcare to… Read More

August 14, 2019 @ 9:10 am By Samantha Hurst  |  

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Wednesday the launch of its new business unit, FinLeap Connect. According to FinLeap, the fintech platforms finreach solutions and infinitec solutions will become part of this business unit. “The finleap connect brand will unite finleap’s… Read More

August 14, 2019 @ 8:27 am By Samantha Hurst  |  

Novacap, a Canada-based private equity firm, announced on Wednesday its portfolio company and payments tech platform Nuvei has acquired payment services SafeCharge International Group Limited for $889  million. According to Novacap, the acquisition creates a global leading payment solutions provider with significant scale, able to… Read More

August 13, 2019 @ 4:00 pm By Samantha Hurst  |  

Semsee, a U.S.-based insurtech startup that is focused on streamlining workflows for independent insurance agents and wholesalers, announced today the end of a successful three-month pilot program. Founded in 2017, Sense describes itself as an independent insurance agent’s go-to platform for quoting small commercial business… Read More

August 13, 2019 @ 3:28 pm By Samantha Hurst  |  

Cypherium, an enterprise-focused blockchain platform that prioritizes scalability and decentralization, has announced on Tuesday it has formed a new partnership with Google Cloud to offer blockchain solutions to Google Cloud customers. Through the partnership, Cypherium will notably provide corporate clients who require an enterprise blockchain… Read More

August 13, 2019 @ 2:53 pm By Samantha Hurst  |  

Leading marketplace lending platform Prosper announced on Tuesday the release of its Second Quarter 2019 Financial Results. Prosper reported that during the quarter personal loan originations increased 27% compared to the first quarter of 2019, and the online lender has now generated positive adjusted EBITDA… Read More

August 13, 2019 @ 1:50 pm By Samantha Hurst  |  

BBVA announced on Tuesday the first set of finalists in the eleventh edition of BBVA Open Talent, which BBVA claims is the world’s biggest fintech competition. According to the banking group, more than 800 start-ups from across the globe have entered this latest edition of… Read More

August 13, 2019 @ 1:09 pm By Samantha Hurst  |  

UK-based fintech Delio announced on Tuesday it secured £3 million in venture capital to continue increasing its presence across Asia, the Middle East, and North America. As previously reported, Delio describes itself as a complete white-label platform solution for private assets, helping financial institutions and… Read More

August 13, 2019 @ 11:16 am By Samantha Hurst  |  

Crypto-mining company Bitfarms (formerly Blockchain Mining) announced on Tuesday it has reached an agreement to acquire 100% beneficial ownership of its operating entity, Backbone Hosting Solutions Inc. Bitfarms reported it will acquire an aggregate of 26,295,655 class A voting common shares of Backbone (purchase shares) being the… Read More

August 13, 2019 @ 9:34 am By Samantha Hurst  |  

Just days after launching its latest equity crowdfunding campaign on Seedrs, UK-based investment services Smarterly has successfully secured its initial £2 million funding target. The new funding round comes just a little over six months after Smarterly raised £1,638,150 through its previous Seedrs campaign. As… Read More

August 13, 2019 @ 8:29 am By Samantha Hurst  |  

Attentive, a personalized mobile messaging SaaS platform for brands, announced on Monday it has raised a $40 million Series B investment. The funding round was led by Sequoia with participation from existing investors Bain Capital Ventures, Eniac Ventures and NextView Ventures, and new investors IVP… Read More

August 12, 2019 @ 4:07 pm By Samantha Hurst  |  

The Canada Fintech Forum, a fintech event that is being held in Montréal, is set to host its seventh edition of showcasing the global trends of the fintech industry, as well as new applications of technology for the financial industry, and growing FinTech start-ups. “The… Read More