June 28, 2019 @ 4:59 pm By Samantha Hurst  |  

Visa (NYSE: V) announced on Friday it has signed a definitive agreement to acquire Verifi, a technology solutions company that reduce chargebacks. Visa reported it will integrate Verifi’s enhanced chargeback tools with Visa’s risk management services, including those delivered by CardinalCommerce and CyberSource. “Buyers, sellers,… Read More

June 28, 2019 @ 4:50 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Friday it expanded of its payout product in the Philippines. Wirecard reported its cards may be used in a wide range of industries. Cardholders can use the contactless cards to carry out seamless transactions… Read More

June 28, 2019 @ 2:47 pm By Samantha Hurst  |  

Yielders, a property investment platform based in the UK, has successfully secured its initial £500,000 funding target on equity crowdfunding platform Seedrs. The funding round comes less than a year after Yielders closed on a pre-series A funding round. The platform is offering 4.76% of… Read More

June 28, 2019 @ 7:47 am By Samantha Hurst  |  

Arc Vehicle, a UK-based electric recreational vehicle developer, has successful secured £850,000 through its equity crowdfunding campaign on Crowdcube. Founded in 2017, Arc revealed it is on a mission to explore Earth in state-of-the-art style,by combining with a promising to try and protect it. “Introducing… Read More

June 28, 2019 @ 7:32 am By Samantha Hurst  |  

LendInvest, a UK-based online marketplace for mortgages, announced on Friday it received a top rating from European Ratings Agency, ARC Ratings, for the fifth conservative year. According to LendInvest, ARC Ratings is a regulated European credit rating agency registered with the European Securities and Markets… Read More

June 28, 2019 @ 6:37 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, announced on Friday it has entered into in agreement to acquire credit card accounts for Bank of Ireland UK. Jaja reported as part of a consortium of funds affiliated with Centerbridge Partners LP and KKR it will acquire the… Read More

June 27, 2019 @ 10:35 pm By Samantha Hurst  |  

BBVA announced on Thursday the launch of its new accelerator program that is designed to “foster” success among the fintech startup ecosystem. The program, called BBVA Open Innovation Accelerator Program, aims to give startups a helping hand for success. “Over the course of nine-months, those… Read More

June 27, 2019 @ 10:19 pm By Samantha Hurst  |  

ConnexPay, a payment provider changing the way travel intermediaries do business, announced on Thursday it secured $7 million through its Series A funding round led by BIP Capital. Founded in 2017, ConnexPay claims it is transforming payment acceptance and issuance for Online Travel Companies and… Read More

June 27, 2019 @ 9:28 pm By Samantha Hurst  |  

Apex Clearing Corporation and Apex Crypto announced on Thursday they have formed a partnership to launch a cryptocurrency trading platform that is specifically for broker-dealers and financial advisors. According to the duo, this new platform allows investors to transition between trading equities and trading cryptocurrency,… Read More

June 27, 2019 @ 4:03 pm By Samantha Hurst  |  

Fintech unicorn SoFi announced on Wednesday it has completed its $200 million offering of post-graduate student loan asset-backed certificates issued by SoFi Alternative Trust 2019-C (SAT 2019-C). According to SoFi, the Certificates are rated single-A by DBRS and mark the first rated pass-through certificate transaction… Read More

June 27, 2019 @ 11:50 am By Samantha Hurst  |  

UK challenger bank Monzo has published its 2019 annual report. According to Monzo. The annual report is a detailed look at what a company’s been doing and how that’s affected its finances over the past financial year. CEO of Monzo, Tom Blomfield, has also written… Read More

June 27, 2019 @ 9:23 am By Samantha Hurst  |  

  Riversimple, a Wales-based hydrogen-electric car company, has extended its latest equity crowdfunding campaign on Seedrs for another 10 days as it nears its £750,000 funding target. As previously reported, Riversimple has designed a new car called the Rasa, which emits nothing but a tiny amount… Read More

June 27, 2019 @ 9:07 am By Samantha Hurst  |  

PALLITE, a UK-based designer and manufacturer of pallets and shipping crates, has secured over £620,000 funding in the first week of equity crowdfunding on Crowdcube. This represents 62% of the overall target of £1 million funding target. The company is currently offering 10.52% equity at… Read More

June 26, 2019 @ 4:18 pm By Samantha Hurst  |  

BankMobile, a no-fee, mobile, online and tablet bank, announced on Wednesday the launch of its new student loan refinancing platform, BankMobile Student Refi. BankMobile reported that it has partnered with LendKey Technologies, a lending-as-a-service platform for banks and credit unions, to offer a simple, secure… Read More

June 26, 2019 @ 3:18 pm By Samantha Hurst  |  

SALT, a crypto-collateralized online lending platform, announced on Wednesday it has formed a new partnership with NODE40, a blockchain masternode hosting and monitoring provider. SALT reported that through the collaboration it will provide expanded loan options for DASH masternode owners in tandem with the Dash community’s… Read More

June 26, 2019 @ 3:03 pm By Samantha Hurst  |  

Cathio Inc. (Cathio), an organization that was founded specifically to reform the transfer of money and resources in the Catholic economy by applying technology to offer an easy-to-use payment solution that responds to the needs of the Catholic community, nonprofits and institutions, announced on Wednesday… Read More

June 26, 2019 @ 2:11 pm By Samantha Hurst  |  

Coinsource, a bitcoin ATM network, announced on Wednesday it has formed a partnership with Maker Foundation for Dai support, as well as a remittance network. Throughout the rollout, Coinsource will be updating all of its machines to allow customers to buy, sell, and store Dai… Read More

June 26, 2019 @ 12:04 pm By Samantha Hurst  |  

Qover, a Belgium insurtech for digital businesses, recently announced it has raised €8 million through its latest funding round,  led by Alven and Portag3 Ventures with participation from Anthemis. Founded in 2016, Qover reported its insurance products insure nearly 50,000 individuals across eight European countries…. Read More

June 26, 2019 @ 11:27 am By Samantha Hurst  |  

Digital challenger bank Monese recently announced it has launched free premium accounts for refugees that have relocated in the UK. Monese reported that it is committed to giving out its Premium plan to refugees (usually £14.95 a month) for free, for life. The Premium plan… Read More

June 26, 2019 @ 9:41 am By Samantha Hurst  |  

Blox, a crypto tracking, management, and accounting platform, announced on Wednesday it has formed a partnership with Dash to provide crypto accounting services and solutions through the Blox SaaS platform. Blox reported it has developed a platform that intelligently and automatically tracks crypto assets and… Read More