May 28, 2019 @ 2:50 pm By Samantha Hurst  |  

Less than four years after securing more than £1.9 million through its previous Crowdcube round, UK-based tech startup Pavegen has returned to the equity crowdfunding platform and has already surpassed £1 million in funding. Prior to launching the funding round, the company raised  £513,000 which… Read More

May 28, 2019 @ 2:35 pm By Samantha Hurst  |  

Swedish fintech startup Open Payments announced on Tuesday it secured 1.2 MEUR through its latest seed funding round, which included investments from Brightly Ventures, Luminar Ventures, and selected angel investors. Founded in 2017, Open Payments provides what it believes the “groundbreaking market infrastructure” that is… Read More

May 28, 2019 @ 12:12 pm By Samantha Hurst  |  

Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, recently announced it has acquired AlphaDesk, a cloud-based Order Management System (OMS) that offers order and portfolio management, risk, and compliance solutions for buy-side clients…. Read More

May 28, 2019 @ 11:25 am By Samantha Hurst  |  

UK-based business lender Growth Street announced on Tuesday it has surpassed 2,500 investors, while simultaneously launching its Innovative Finance ISA (IFISA). The lending platform reported that by offering a 5.8% annual fixed rate of return, the Growth Street ISA has a one-year fixed term, and… Read More

May 28, 2019 @ 10:21 am By Samantha Hurst  |  

United Overseas Bank (UOB) announced on Tuesday it has teamed up with Mastercard to launch its new regal business metal card specifically for small and medium-sized enterprises (SMEs). While creating the card, UOB reported that it and Mastercard conducted face-to-face interviews and surveys with senior executives… Read More

May 28, 2019 @ 8:33 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Monday it has listed Ontology’s ONT Token to its Wallet and Card App. According to Crypto, the listing of ONT marks the 20th token to be added to the platform, joining cryptocurrencies and stablecoins such as Bitcoin (BTC),… Read More

May 27, 2019 @ 10:21 am By Samantha Hurst  |  

Dutch banking group Rabobank has reportedly abandoned plans to launch its very own cryptocurrency wallet. According to The Next Web, Rabobank announced plans to launch a crypto service, called Rabbit, which was promised to “bridge the gap between banking accounts and cryptocurrency wallets.” A Rabobank… Read More

May 27, 2019 @ 10:03 am By Samantha Hurst  |  

Less than a week after securing its initial £1.5 million funding target in under an hour through its latest Crowdcube round, Money Dashboard is now nearing £2.5 million thanks to more than 1700 investors. As previously reported, Money Dashboard’s app empowers over 100,000 users to… Read More

May 26, 2019 @ 9:58 pm By Samantha Hurst  |  

Portag3 Ventures, the venture capital arm of multi-asset class alternative investment platform Sagard Holdings, recently announced it has appointed six new senior advisors. Founded in 2016, Portag3 claims to be an early-stage investor that’s dedicated to backing the new generation of innovative, global financial services… Read More

May 26, 2019 @ 9:44 pm By Samantha Hurst  |  

Canadian fintech Katipult announced last week its 2019 first quarter financial results for the three-month period ended March 31st. The company revealed that the first quarter 2019 is the fifth consecutive quarter of higher subscription revenues and marks its highest recorded subscription revenue and total… Read More

May 24, 2019 @ 10:10 pm By Samantha Hurst  |  

Cryptocurrency exchange Coinbase announced on Thursday it now supports Dai (DAI) through its platform as well as in the Coinbase Android and iOS apps. Coinbase customers may now buy, sell, convert, send, receive, or store DAI. Coinbase revealed: “DAI will be available for customers in… Read More

May 24, 2019 @ 10:00 pm By Samantha Hurst  |  

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, announced on this week it has signed another major U.S. REIT to add to its growing client list in commercial real estate. VersaPay revealed: “With properties across the US, the… Read More

May 24, 2019 @ 3:35 pm By Samantha Hurst  |  

U.S. fintech startup Kyriba Corp. announced earlier this week the launch of the integration of its real-time payment through J.P. Morgan’s API. The integration reportedly allows Kyriba clients that are also J.P. Morgan clients to send real-time payments in the U.S. through The Clearing House’s RTP… Read More

May 24, 2019 @ 3:23 pm By Samantha Hurst  |  

Wirex, a hybrid personal finance platform that merges blockchain tech and traditional finance, announced on Friday it has strengthened its partnership with cryptocurrency safety services Elliptic to reduce the risk of cryptocurrency fraud and money laundering. According to Wirex, the duo has been working together… Read More

May 24, 2019 @ 9:10 am By Samantha Hurst  |  

Gozney, a British manufacturer of professional wood and gas stone ovens, announced it is planning to launch an equity crowdfunding campaign on Crowdcube next month. The company reported it is seeking to raise £500,000 through the funding round in order to accelerate its expansion into… Read More

May 24, 2019 @ 8:14 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Friday it has expanded of its digital payment services within the Nordic retail market. Wirecard reported that thanks to its services, major retailers in the region, including Nymans Ur, Royal Design, Svenssons i Lammhult,… Read More

May 24, 2019 @ 8:03 am By Samantha Hurst  |  

U.S.-based fintech Zero Financial announced on Thursday it secured $20 million through its Series A financing round, which was led by New Enterprise Associates (NEA). The round brings the company total equity and debt funding to $35 million from top investors, such as NEA, SignalFire,… Read More

May 23, 2019 @ 10:05 pm By Samantha Hurst  |  

HSBC announced on Wednesday it has opened its Global Data & Innovation Lab in Toronto, citing the city’s interest, investment and development of artificial intelligence (AI) and advanced machine learning. According to HSBC, the 3,376 square foot energy efficient lab will soon employ over 50… Read More

May 23, 2019 @ 9:58 pm By Samantha Hurst  |  

Canada-based fintech and global digital investing service, Wealthsimple announced on Wednesday it received a $100 million through its latest investment round, which was led by Allianz X, a digital investment unit of the Germany-based Allianz Group, a global insurer and asset manager.  Wealthsimple reported that… Read More

May 23, 2019 @ 9:35 pm By Samantha Hurst  |  

Telecommunications giant AT&T announced on Thursday it is now accepting cryptocurrency payments through global blockchain payments provider BitPay. AT&T claims it has become the first major U.S. mobile carrier to provide a cryptocurrency payment option to customers. As previously reported, BitPay’s platform gives businesses and… Read More