July 25, 2019 @ 11:02 pm By Samantha Hurst  |  

Scotiabank announced on Thursday it has formed a partnership with BNP Paribas Cardif, the insurance unit of BNP Paribas, as part of its efforts to bring more customer-centric solutions to its customers in the Pacific Alliance Countries. According to Scotiabank, the partnership involves the development… Read More

July 25, 2019 @ 10:48 pm By Samantha Hurst  |  

Commuter Club, a UK-based provider of season tickets as a subscription service, is set to close its equity crowdfunding campaign on Seedrs with more than £2.2 million secured.  As previously reported, Commuter Club helps commuters save time and money, offering an online retail solution for the… Read More

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

OnDeck (NYSE: ONDK), a small business online lending platform, announced on Wednesday it has appointed Lonnie Hayes as the new head of sales and strategy for ODX, a wholly-owned subsidiary of OnDeck that assists banks with streamlining and digitizing small business credit origination. According to… Read More

July 25, 2019 @ 3:03 pm By Samantha Hurst  |  

CMFG Ventures, the venture capital arm of CUNA Mutual Group, announced earlier this week it has partnered with the Filene Research Institute to launch the FinTech Catalyst Incubator to test new fintech products and services in credit unions. CMFG reported that the FinTech Catalyst Incubator will… Read More

July 25, 2019 @ 9:54 am By Samantha Hurst  |  

Payconiq, a Luxembourg-based fintech, announced this week it secured €20 million through its latest investment round led by its existing shareholders. Founded in 2014, the mobile payments platform claims it has built a sustainable ecosystem through an open-API approach and flexible microservices, focusing on consumers,… Read More

July 25, 2019 @ 9:37 am By Samantha Hurst  |  

Payments platform Stripe announced this week a new and improved onboarding flow for Express accounts. The payments leader reported that based on user feedback and analysis of thousands of Express accounts, it has made a number of updates to the Connect onboarding flow that drove… Read More

July 25, 2019 @ 8:37 am By Samantha Hurst  |  

PALLITE, a UK-based designer and manufacturer of pallets and shipping crates, is set to close its equity crowdfunding campaign on Crowdcube with more than £1.2 million in funding. The campaign made its debut last month, originally seeking £1 million. It has attracted nearly 780 investors…. Read More

July 24, 2019 @ 3:51 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday the acquisition of Billy and the launch of its bookkeeping software for small businesses, Sunrise, which is a freemium bookkeeping software to meld accounting, cash flow management, loan, and credit information into a single platform. According to Lendio, Sunrise… Read More

July 24, 2019 @ 3:18 pm By Samantha Hurst  |  

U.S.-based fintech Plaid recently announced the launch of its new Liabilities endpoint feature, which will provide real-time information about users’ financial liabilities, starting with student loan debt and will add data access for more debt categories from mortgages to auto loans to credit cards. “We’re launching… Read More

July 24, 2019 @ 2:53 pm By Samantha Hurst  |  

  Arival, a Singapore-based fintech bank for businesses and entrepreneurs, has launched an equity crowdfunding campaign on Crowdcube to raise a minimum of £700,000 in funding. The startup is currently offering 5.51% of equity at a £12,012,061 pre-money valuation. The initiative’s launch comes just a… Read More

July 24, 2019 @ 1:16 pm By Samantha Hurst  |  

German payment platform Wirecard announced on Tuesday it has formed a partnership with Morocco’s national airline Royal Air Maroc to integrate digital payments globally. Wirecard reported it will handle all the payments for the airline’s online and travel agency bookings. “Royal Air Maroc is set… Read More

July 24, 2019 @ 12:05 pm By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Wednesday it has added new members to its Business Development team. According to the online lender, Nigel Robbins was named Business Development Manager, Abby Challen has taken the position of Business Development Manager to cover Central… Read More

July 24, 2019 @ 11:20 am By Samantha Hurst  |  

Insurtech startup Hippo Insurance announced on Wednesday it secured $100 million Series D funding round led by Bond, a global technology investment firm founded by Mary Meeker, Mood Rowghani, Noah Knauf and Juliet de Baubigny. Hippo reported that since its launch in 2017, its “modern take”… Read More

July 24, 2019 @ 7:44 am By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, Cornish Lithium, a company that aims to create a new, environmentally-responsible, lithium extraction industry in the UK, has successfully secured its initial £1 million funding target from nearly 700 investors. The company is offering 4.91%… Read More

July 23, 2019 @ 3:54 pm By Samantha Hurst  |  

Blockchain tech startup Blockmason announced on Tuesday it has teamed up with CryptoChicks, an international education hub that is on a mission to grow the professional potential of women and youth in blockchain and AI, to advance the blockchain-based software development industry. The duo signed a… Read More

July 23, 2019 @ 3:34 pm By Samantha Hurst  |  

Ideanomics (formerly known as Seven Stars Cloud Group, Inc.) (NASDAQ: SSC), a global fintech and asset digitization services company, announced on Tuesday plans for its fintech village innovation hub. The company will transform the former UConn West Hartford campus into its global headquarters for technology… Read More

July 23, 2019 @ 2:43 pm By Samantha Hurst  |  

Civic Technologies, the premier blockchain-powered identity and payment solution provider, announced on Tuesday it has collaborated with BitGo to launch the Civic Wallet in beta, the first consumer digital wallet built on top of BitGo’s multisig technology, which will be released in the fourth quarter. According… Read More

July 23, 2019 @ 2:27 pm By Samantha Hurst  |  

IOTA Foundation, a non-profit foundation focused on distributed ledger technology and permissionless ecosystem development, announced on Tuesday it has formed a partnership with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, to create a new level of powerful, seamless and cost-effective access… Read More

July 23, 2019 @ 1:24 pm By Samantha Hurst  |  

Zeta, an India-based fintech company, announced on Tuesday it has secured a Series C investment from Sodexo Benefits and Rewards (BRS), at a valuation of $300 million. Founded in 2015, Zeta, part of the Directi Group, describes itself as a fintech leader offering a wide… Read More

July 23, 2019 @ 12:13 pm By Samantha Hurst  |  

Robinhood announced on Monday it secured $323 million through its Series E funding round, which was led by DST Global, with participation from investors including Ribbit Capital, NEA, Sequoia, and Thrive Capital. Founded in 2013, Robinhood reported that it is on a  mission to democratize… Read More