June 7, 2019 @ 7:48 am By Samantha Hurst  |  

After a couple of months of speculation, social media giant Facebook is reportedly planning to launch its very own cryptocurrency on June 18th. According to TechCrunch, the crypto, named Libra, will be making its debut with a white paper that explains the basics of the… Read More

June 6, 2019 @ 10:10 pm By Samantha Hurst  |  

Visa (NYSE:V) announced on Thursday it has partnered with LINE Pay Corporation, an operator of digital wallet and fintech services on the LINE messaging app, to launch new financial services experiences for its collective user bases of millions of consumers and merchants worldwide. The two… Read More

June 6, 2019 @ 9:50 pm By Samantha Hurst  |  

Ripple, a UK-based renewable energy platform, has successfully secured its initial £750,000 funding target on equity crowdfunding platform Seedrs. The funding round was launched last month and has so far attracted more than 880 investors. As previously reported, Ripple was founded in 2017 and its… Read More

June 6, 2019 @ 2:24 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital has reportedly surpassed both bridging and SME lending milestones. According to Bridging and Commercial, the online lender has provided more than £100 million in bridging finance and £50 million in SME funding.  Speaking about the latest milestone, Damien Druce,… Read More

June 6, 2019 @ 2:13 pm By Samantha Hurst  |  

Just one week after launching its equity crowdfunding campaign on Crowdcube, MarketOrders, a B2B platform that enables users to buy gold and diamond jewelry directly from international suppliers, has successfully secured its £400,000 funding target from nearly 100 investors. As previously reported, MarketOrders was founded… Read More

June 6, 2019 @ 1:52 pm By Samantha Hurst  |  

Payments platform Stripe announced on Thursday it is leading a $22.5 million Series A funding round for Step, a U.S. fintech that provides teens and families with tools for modern-day banking and promotes financial literacy. According to Stripe, additional investors participating in Step’s current funding… Read More

June 6, 2019 @ 9:02 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has teamed up with NK department stores to accept Chinese mobile payment methods. According to Wirecard, NK welcomes over 9 million visitors annually to its luxury stores in Stockholm and Gothenburg. The… Read More

June 6, 2019 @ 8:35 am By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday it has appointed Denada Ramnishta as its new Senior Vice President of Lender and Partner Strategy. Prior to being promoted to this position, Ramnishta was formerly Head of Business Development and Partnerships. In her new role, she… Read More

June 6, 2019 @ 7:46 am By Samantha Hurst  |  

Getsafe, a Germany-based insurtech startup, announced on Thursday it secured $17 million through its Series A funding round, which was notably led by Earlybird with participation from CommerzVentures and other existing investors. Founded in 2014, Getsafe claims it is looking to reinvent insurtech and is… Read More

June 5, 2019 @ 4:00 pm By Samantha Hurst  |  

Global digital asset exchange OKCoin announced on Tuesday it has expanded its services into Europe as well as launched Euro trading and opened its Malta office .OKCoin users outside of the U.S. may now deposit and withdraw euros and all OKCoin users can participate in… Read More

June 5, 2019 @ 2:49 pm By Samantha Hurst  |  

Just days after launching its latest equity crowdfunding campaign on Seedrs, UK-based hosting management service Airsorted has successfully secured its initial £1 million from more than 800 investors. As previously reported, Airsorted states it makes hosting on Airbnb “hassle-free” by using technology to create an… Read More

June 5, 2019 @ 2:17 pm By Samantha Hurst  |  

Payments platform Tribe Payments announced on Wednesday it received certification from Mastercard as an issuer and acquirer processor across Europe. According to Tribe, the certification means that the platform’s customers, which are banks, challengers, and fintechs that offer payment services to merchants and consumers, may… Read More

June 5, 2019 @ 12:42 pm By Samantha Hurst  |  

John McAfee is preparing to launch his very own cryptocurrency, which is called the McAfee Freedom Coin, this coming fall. The volatile crypto proponent announced the news over the weekend by tweeting the following: Oops. Accidently deleted: THE MCAFEE FREEDOM COIN:https://t.co/FfROeByhKn — John McAfee (@officialmcafee)… Read More

June 5, 2019 @ 11:28 am By Samantha Hurst  |  

Cryptocurrency Monero announced on Tuesday it has partnered with Arweave to validate the new cryptocurrency proof-of-work algorithm, RandomX. According to Monero, RandomX promotes fair cryptocurrency mining on standard computer hardware, resisting the use of Application Specific Integrated Circuits (ASICs). “RandomX fights the use of ASICs…. Read More

June 5, 2019 @ 10:35 am By Samantha Hurst  |  

KOHO, a fintech startup that offers Canadians an alternative to traditional banking, announced on Wednesday the launch of its new cashback program. This news comes just weeks after Koho successfully secured $42 million through its Series B funding round. As previously reported, Koho stated with… Read More

June 5, 2019 @ 9:32 am By Samantha Hurst  |  

Payments and loyalty fintech  Yoyo announced on Tuesday it has formed a new partnership with Mastercard to offer the Pay by Bank mobile app to banking and retail customers. The duo reported that the initial availability for in-app purchases with Yoyo retailers, for the first… Read More

June 5, 2019 @ 8:32 am By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday it has formed new partnerships with Levi’s, Ray-Ban, O’Neill, and Tarte Cosmetics, among many other brands and retailers in the U.S. Afterpay reported that since launching in the country just… Read More

June 4, 2019 @ 4:04 pm By Samantha Hurst  |  

LendInvest, an online marketplace for mortgages, announced on Tuesday it has reported a period of strong growth and significant operational and strategic progress for the year, ending on March 31st. The online lender revealed the following: Financial highlights: Platform revenue increased 36% to £72.7m (FY18:… Read More

June 4, 2019 @ 2:24 pm By Samantha Hurst  |  

UK-based digital banking platform Starling Bank announced on Tuesday it has formed a partnership with Tribe Payments, which consists a team of industry experts who are dedicated to delivering the future of payments, to provide its customers with real-time access to the UK and European… Read More

June 4, 2019 @ 2:10 pm By Samantha Hurst  |  

Online lending platform Biz2Credit announced on Tuesday it secured $52 million through its Series B funding round, which was led by WestBridge Capital. Founded in 2007, Biz2Credit is on a mission to provide small businesses with lending solutions throughout their lifecycle in a flexible and… Read More