August 8, 2019 @ 8:23 am By Samantha Hurst  |  

U.S. fintech Robinhood announced on Wednesday that it received authorization from the Financial Conduct Authority (FCA) to operate as a broker in the UK. According to Robinhood, the authorization will enable us to bring its investing platform to customers in the UK and is a… Read More

August 8, 2019 @ 7:42 am By Samantha Hurst  |  

Australia-based global payments provider Verrency announced on Thursday it has teamed up with currency payments provider Coinify to enable banks to securely offer customers the ability to use virtual currency for payments at any merchant around the global. Verrency reported that the partnership will allow… Read More

August 7, 2019 @ 3:44 pm By Samantha Hurst  |  

Digital payments platform Stripe announced on Tuesday it has launched its newest office in Mexico City. According to Stripe, the office is its first in the region and will be home to teams focused on building products for the most ambitious technology companies in Latin… Read More

August 7, 2019 @ 3:12 pm By Samantha Hurst  |  

The Monetary Authority of Singapore (MAS) announced on Wednesday it launched Sandbox Express to provide firms with a faster option to test financial products and services in the market. MAS reported that eligible applicants can begin market testing in the pre-defined environment of Sandbox Express… Read More

August 7, 2019 @ 2:40 pm By Samantha Hurst  |  

FinMkt, Inc., a New York-based provider of technology and infrastructure for the online lending industry, announced on Wednesday it raised $5 million through its Series B preferred equity round, which was led by FINTOP Capital with participation from existing investors such as ManchesterStory Group and… Read More

August 7, 2019 @ 2:18 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Tuesday it has facilitated more than $1.5 billion in financing to small businesses across the U.S. This news comes just a few weeks after Lendio acquired of cloud-based small business account platform, Billy, and the launch of Lendio’s… Read More

August 7, 2019 @ 1:51 pm By Samantha Hurst  |  

Denmark banking group Saxo Bank announced this week it has acquired BinckBank, a bank for online investors that is based in the Netherlands. According to the duo, the acquisition of BinckBank marks an important milestone for the Saxo Bank Group that now services approximately 860,000… Read More

August 7, 2019 @ 11:44 am By Samantha Hurst  |  

Austria-based fintech Bitpanda announced on Wednesday it is set to launch its new global digital asset exchange. This news comes just after the company raised €43.6 million through its Initial Exchange Offering (IEO). As previously reported, Bitpanda claims to be Europe’s leading retail broker for… Read More

August 7, 2019 @ 11:31 am By Samantha Hurst  |  

C2FO, a fintech firm and market for working capital based in the U.S., announced on Wednesday it secured $200 million through its latest investment round, which was led by the SoftBank Vision Fund with participation from existing investors Temasek and Union Square Ventures. Founded in 2008,… Read More

August 7, 2019 @ 10:12 am By Samantha Hurst  |  

Online lending platform Biz2Credit announced on Tuesday the release of its Biz2Credit Small Business Lending Index, which revealed approval rates for small business loan applications rose to another post-recession record (27.7%) at big banks ($10 billion+ in assets), while also climbing above 50% at small… Read More

August 7, 2019 @ 9:49 am By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has resumed CEL token utilities for U.S. users. Celsius Network reported that the action was taken voluntarily and in the best interest of its community. Speaking about the action, Jeremie Beaudry, Chief Compliance… Read More

August 7, 2019 @ 8:37 am By Samantha Hurst  |  

Standard Chartered Bank announced on Wednesday it has successfully executed a pilot transaction for PTT Group, PTT International Trading Pte Ltd and IRPC Public Company Limited. Standard Chartered reported that due to the significant cargo value, oil companies are often reliant on Letters of Credit… Read More

August 6, 2019 @ 4:20 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it is expanding its collaboration with lastminute.com and is taking over payment acceptance for the online travel and leisure retailer as one of its acquiring partners. Wirecard reported that in addition to the… Read More

August 6, 2019 @ 3:54 pm By Samantha Hurst  |  

LiquidX, a global network for illiquid assets, announced on Tuesday it has welcomed DBS Bank to its network. According to LiquidX, DBS is a financial services group in Asia that has successfully completed a primary receivables transaction with one of its key relationship clients through… Read More

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

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it started offering cash and stablecoin loans to users in Spain. Accoridng to the platform, the loans are starting at just 4.95% per year and are claimed to represent the lowest cost available anywhere… Read More

August 6, 2019 @ 12:42 pm By Samantha Hurst  |  

Cryptoasset-to-USD lender BlockFi announced on Tuesday it secured $18.3 million through its Series A funding round, which was led by Valar Ventures with participation from Winklevoss Capital, Galaxy Digital, ConsenSys Ventures, Akuna Capital, Avon Ventures, Susquehanna, CMT Digital, Morgan Creek, and PJC.  As previously reported, BlockFi… Read More

August 6, 2019 @ 12:29 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Tuesday it secured $460 million through its latest equity funding round, bring its post-money valuation to $5.5 billion. The round was led by Dragoneer Investment Group, a San Francisco based growth-oriented investor. Other investors in the round include Commonwealth Bank… Read More

August 6, 2019 @ 11:16 am By Samantha Hurst  |  

RockX, a new digital asset services platform, has been launched by Alex Lam, Founder of RockMiner, to bridge the gap between the cryptocurrency veterans and novices and to further accelerate the development of Proof-of-Stake (PoS) public blockchains. RockX will initially serve as a Staking-as-a-Service platform… Read More

August 6, 2019 @ 9:26 am By Samantha Hurst  |  

Kingston’s professional football club AFC Wimbledon has launched an equity crowdfunding campaign on Seedrs to help finance its return to a new stadium on Plough Lane. The organization is offering 7.67% in equity at a £24,071,520 pre-money valuation. AFC Wimbledon described itself as a continuation… Read More

August 6, 2019 @ 8:28 am By Samantha Hurst  |  

Digital bank Penta announced on Monday it secured €8 million through its latest investment round, which was led by HV Holtzbrinck Ventures. Founded in 2017, Penta describes itself as a digital platform for business banking that is aimed towards SMEs and startups. Its key mission… Read More