Samantha Hurst

SoFi Receives Approval From New York State Department of Financial Services For BitLicense Application

Fintech unicorn SoFi announced on Tuesday the New York State Department of Financial Services has approved its bitlicense application, allowing SoFi Invest customers in New York to trade cryptocurrencies on its platform through SoFi Digital Assets, LLC. SoFi revealed that the bitlicense approval comes just… Read More

Blockchain Account Platform Squarelink Announces Launch of Non-Custodial Private Key Recovery For Several DApps

U.S.-based blockchain account platform Squarelink announced on Monday it recently added non-custodial private key recovery for several DApps using its wallet management tool. Squarelink claimed its platform is the only pure non-custodial private key recovery platform for cryptocurrency and blockchain applications. Founded in 2018, Square… Read More

PeerStreet’s New Milestone: Achieves $3 Billion In Loan Transactions

Money Benjamin Dollars 100

PeerStreet, a leading platform for investing in real estate backed loans, announced last week that more than $3 billion in loans have been transacted through its marketplace portal since its launch. The latest milestone comes just one month after PeerStreet secured $60 million through its… Read More

Expedia Teams Up With Lolli to Give Travelers the Opportunity to Earn Bitcoin When Booking Travel Reservations

Lolli, a bitcoin rewards application for online purchases, announced on Tuesday it has formed a partnership with traveling reservation platform Expedia to give travelers the option to earn bitcoin when they book travel reservations. Lolli reported that through this collaboration its users will be able… Read More

Canadian Neobank Koho’s Series B Funding Round Secures Additional $25 Million

Koho, a neobank that offers Canadians an alternative to traditional banking, announced this week its Series B funding round, which received $42 million and was led by Portag3 Ventures earlier this year, secured an additional $25 million from Drive Capital and National Bank of Canada. … Read More

Overfunding: UK Agriculture Startup DryGro Quickly Surpasses £980,000 Funding Target on Seedrs

DryGro, a UK-based agriculture startup that has developed new technology to grow food in dry places, has successfully secured its initial £980,000 funding target through its equity crowdfunding campaign on Seedrs. The company is offering 8.24% in equity through the funding round at a £10,918,936… Read More

NovoPayment Expands Strategic Partnership With Visa in Latin America & the Caribbean

NovoPayment, an enabler of digital financial services for the Americas, announced on Tuesday it has expanded its strategic partnership with Visa in Latin America and the Caribbeans. Along with the partnership expansion, Visa has reportedly made a strategic investment in NovoPayment. NovoPayment reported that over… Read More

Credorax Teams Up With Raisin to Offer Exclusive Banking Products in the German Market

Credorax, a fintech bank and smart payments provider, announced on Tuesday it has teamed up with Raisin to offer retail deposits to Raisin customers in Germany. Credorax reported that the partnership marks the launch of its first banking products in the region. “Through this partnership,… Read More

Aon Is Set to Acquire Digital Insurance Platform CoverWallet

Aon plc (NYSE: AON), a global professional services firm providing a broad range of risk, retirement and health solutions, recently announced it has entered into a definitive agreement to acquire CoverWallet, a digital insurance platform for small and medium-sized businesses. According to Aon, the acquisition… Read More

Funding Circle Unveils £250 Million Securitization of SME Loans With Waterfall Asset Management

Funding Circle lobby

Marketplace lending company Funding Circle (LSE:FCH) recently unveiled its £250 million securitization of SME loans with Waterfall Asset Management. The duo reported that the portfolio brings the total amount of UK Funding Circle loans securitized to £1 billion and the deal will notably open up… Read More

Home Insurance Provider Openly Secures $7.65 Million Through Latest Seed Funding Round Led By Gradient Ventures

Openly, a U.S.-based tech-enabled home insurance provider, announced last week it secured $7.65 million through its latest seed funding round, which was led by Gradient Ventures, Google’s AI-focused venture fund. Founded in 2017, Openly claims it offers comprehensive homeowners insurance to help independent insurance agents… Read More

Crypto.com Now Offering Fiat Withdrawal Through Bank Transfer for 21 Major Currencies

Hong Kong-based cryptocurrency platform Crypto.com recently announced it is now offering fiat withdrawal through bank transfer for a total of 21 major currencies.  According to Crypto.com, users may now have the option to sell cryptocurrencies to fiat and withdraw fiat to their personal bank account…. Read More

Bankable & Visa Announces New Middle East & Africa Hub in Dubai

UK-based banking as a service platform Bankable, along with Visa, announced last week they have formed a strategic collaboration within the Central and Eastern Europe, Middle East and Africa (CEMEA) region. Through the collaboration, Bankable is opening an office at the Dubai International Financial Center… Read More

PayPal & Mastercard Announces Expansion of Instant Transfer to Singapore & Europe

PayPal and Mastercard recently announced the expansion of instant transfer service, Mastercard Send, to Mastercard cardholders in Singapore and a number of European countries. The duo claims that the service has been successful in the U.S. According to PayPal and Mastercard, Mastercard Send is described… Read More

Allianz Insurance Announces New Partnership With Insurtech Dinghy

Allianz Insurance announced on Monday it has formed a new partnership with on-demand insurtech startup Dinghy to provide business insurance to the freelance market. According to Dinghy the number of freelancers has increased and so has the diversity of the workforce. The insurtech explained that… Read More

Monzo Offering Google Pay Options For Customers Waiting on Debit Card Replacements

UK-based digital banking group Monzo recently announced it is offering Google Pay options for users as they wait for their debit card replacements. The new option will allow users to continue using their Monzo services until their card arrives. “When you lose your Monzo card… Read More

Mobile Banking Platform Baanx Now Seeking £600,000 in Funding Through Seedrs Equity Crowdfunding Round

Baanx, a mobile digital banking app, payments engine, and cryptocurrency platform, has launched an equity crowdfunding campaign on Seedrs to raise £600,000 in funding. Launched in 2018, the company reported that it is looking for real change in the Digital Banking and Cryptocurrency sector. “In short,… Read More

UK Luxury Gin Brand Salcombe Distilling Co. Now Seeking £800,000 on Equity Crowdfunding Platform Seedrs

Salcombe Distilling Co., a UK-based luxury gin brand, is now seeking £800,000 through its equity crowdfunding campaign on Seedrs. The company is offering 4.55% in equity at a £16,775,440 pre-money valuation. Launched in 2016, Salcombe stated that its gin is handcrafted “Salcombe Distilling Co. produces… Read More

Natwest Launches Digital Bank Bó: Now Live in App Store & Google Play

UK banking group NatWest announced on Wednesday the launch of its digital bank, Bó. According to Natwest, Bó is a digital bank that was created to help people “do money better.” The service features a bright yellow Visa card, as well as a mobile app. Natwest… Read More

Update: BrewDog’s Latest Mini Bond Quickly Raises More Than £2 Million from Over 950 Crowdcube Investors

Just weeks after launching its latest mini bond on equity crowdfunding portal Crowdcube, BrewDog has attracted more than £2 million in funding from over 950 of the investment platform’s investors. As previously reported, BrewDog has raised more than £69 million through its “Equity for Punks”… Read More

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