June 26, 2019 @ 9:07 am By Samantha Hurst  |  

Fintech Unicorn and stealth bank Transferwise announced on Tuesday it has launched its debit Mastercard in the U.S.  It was revealed that TransferWise debit Mastercard was built specifically for people “without borders.” TransferWire further explained: “The TransferWise debit Mastercard can be up to 4x cheaper… Read More

June 25, 2019 @ 5:48 pm By Samantha Hurst  |  

Deciwatt, a UK-based company that creates renewable energy products that allow users to make light and power, has launched an equity crowdfunding campaign on Seedrs and has already passed its £400,000 funding target. The funding round has also attracted nearly 200 investors and is offering… Read More

June 25, 2019 @ 3:17 pm By Samantha Hurst  |  

UK-based tech platform Pavegen is set to close its latest equity crowdfunding round on Crowdcube with nearly £1.9 million in funding. The campaign was launched last month and quickly secured its £950,000 funding target, Prior to launching the funding initiative, Pavegen raised £513,000, which is represented… Read More

June 25, 2019 @ 12:51 pm By Samantha Hurst  |  

UK-based digital banking platform Starling Bank announced on Tuesday it has formed a new partnership with Direct Line Group to allow current account customers to apply for home insurance directly through Starling’s in-app marketplace. According to Starling, the partnership will enable customers to securely connect… Read More

June 25, 2019 @ 11:29 am By Samantha Hurst  |  

Open, an India-based neobank platform, announced on Tuesday it secured $30 million through its Series B funding round, which was led by Tiger Global with participation from Tanglin Venture Partners Advisors and existing investors 3one4 Capital, Speedinvest,  BetterCapital AngelList Syndicate. Founded in 2016, Open claims to… Read More

June 25, 2019 @ 10:11 am By Samantha Hurst  |  

MX, a data platform for banks, credit unions, and fintechs, announced on Tuesday it secured $100 million through its latest investment round, which was led by Battery Ventures, with participation from new investors H.I.G. Growth Partners, Point72 Ventures, Sorenson Ventures, Pelion Venture Partners, and Cross… Read More

June 25, 2019 @ 8:56 am By Samantha Hurst  |  

UK-based challenger bank Monzo announced on Monday it secured £113 million through its latest investment, led by Y Combinator Continuity and Latitude. The round of funding reportedly brings the platform’s valuation to £2 billion.  The news about Monzo’s latest investment round comes just six months after the… Read More

June 25, 2019 @ 7:20 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Tuesday it has formed a new partnership Bank of Ganzhou to establish a new fintech research and development center.  PINTEC reported that through the partnership, it and Bank of Ganzhou will jointly establish a fintech research… Read More

June 24, 2019 @ 3:48 pm By Samantha Hurst  |  

OnDeck (NYSE: ONDK), a small business online lending platform, recently announced the launch of its new national “Summer of Small Business” campaign. According to OnDeck, the campaign spotlights the hard work and achievements of small business owners and as part of the event, CEO of… Read More

June 24, 2019 @ 3:34 pm By Samantha Hurst  |  

No1 Rosemary Water, a UK-based botanical beverage company, has launched an equity crowdfunding round on Crowdcube. The campaign made its public debut right after the company raised its £1 million funding target from nearly 175 investors. The company has created a total of ten single… Read More

June 24, 2019 @ 2:57 pm By Samantha Hurst  |  

Just a few weeks after securing £3.8 million through its equity crowdfunding round on Seedrs, a “new banking and wealth management alternative,” dozens, announced it has formed a new partnership with Westminster City Council to find out what local residents and businesses really want from… Read More

June 24, 2019 @ 1:34 pm By Samantha Hurst  |  

Blend, a U.S.-based mortgage tech company, announced on Monday it secured $130 million through its Series E funding round, which was led by Temasek and General Atlantic. Founded in 2012, Blend claims it works with banks and lenders to power frictionless, compliant, and more accessible… Read More

June 24, 2019 @ 12:50 pm By Samantha Hurst  |  

Online lending platform Funding Circle announced on Monday it has teamed up with Merseyside Pension Fund to launch UK Economic Impact Fund for British small businesses. According to the duo, the UK Economic Impact Fund will give institutional investors including pension funds, insurance companies and local… Read More

June 24, 2019 @ 11:22 am By Samantha Hurst  |  

Much Better Adventures, a UK-based traveling platform, has quickly surpassed its £850,000 funding target on equity crowdfunding platform, Seedrs. Founded in 2012, Much Better Adventures claims it offers unique adventures and experiences that are delivered by local hosts and guides around the world. “Our inspiring,… Read More

June 24, 2019 @ 10:22 am By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Monday it has acquired Seed, an online small business banking technology platform. Through the acquisition, a new platform will build on Cross River’s growing suite of innovative Banking-as-a-Service (BaaS)… Read More

June 24, 2019 @ 7:09 am By Samantha Hurst  |  

Nordea Bank recently announced ith as invested in e-commerce startup, Mondido. Founded in 2014, Mondido claims it offers a simple and fast way to start accepting payments on websites and mobile apps while offering features for analyzing and increasing sales. “Merchants and web shops can… Read More

June 23, 2019 @ 10:21 pm By Samantha Hurst  |  

Less than a week after launching its equity crowdfunding campaign on Crowdcube, UK fintech Nutmeg has successfully secured more than £4 million from nearly 2,000 investors. The funding round originally sought to raise £1 million, with Nutmeg offering 1.59% equity at a £251 million pre-money… Read More

June 23, 2019 @ 10:12 pm By Samantha Hurst  |  

Razer, a global lifestyle brand for gamers, and Visa announced this weekend that they have formed a partnership with the goal to transform payments in the gaming industry by bringing the scale and reach of Visa’s global network to Razer Pay e-wallet users. According to… Read More

June 23, 2019 @ 9:50 pm By Samantha Hurst  |  

The Western Union Company (NYSE: WU), a cross-border, cross-currency money platform, announced last week it has expanded its international payment services to Colombia. According to Western Union, the services being expanded are between its Western Union Business Solutions division and Acciones&Valores in Colombia, to offer the WU GlobalPay for… Read More

June 21, 2019 @ 10:06 pm By Samantha Hurst  |  

Just a couple of months after the revamping of Robinhood Gold, Robinhood announced Nasdaq Level 2 Market Data has been added to the premium feature, which includes other research reports and margin investing. Robinhood revealed for only $5 a month, users will receive all new… Read More