April 25, 2019 @ 7:55 am By Samantha Hurst  |  

FrontFundr, a Canada-based online investing platform, announced on Wednesday it has appointed David R. Beatty C.M., O.B.E., F.ICD, CFA the Chairman of the Board of Directors. According to the funding portal, Beatty was on the board of the Bank of Montreal (BMO Financial Group) for… Read More

April 24, 2019 @ 3:52 pm By Samantha Hurst  |  

Technology giant Samsung is reportedly developing its own blockchain network and cryptocurrency token, Samsung Coin. According to CoinDesk Korea, Samsung’s blockchain task force, which is part of the company’s wireless division, is now creating a blockchain main net based on Ethereum. The source revealed to… Read More

April 24, 2019 @ 3:28 pm By Samantha Hurst  |  

UK-based challenger bank Masthaven announced on Wednesday it secured £60 million equity investment by Värde Partners, a global alternative investment firm. According to Masthaven, the investment will enable the bank to deliver against its strategic ambition to become one of the leading specialist banks in… Read More

April 24, 2019 @ 2:19 pm By Samantha Hurst  |  

Fintech unicorn SoFi is reportedly seeking to raise $500 million from the Qatar Investment Authority. The company, which has a valuation of $4.3 billion, has previously raised $2 billion from investors, which includes Manhattan Venture Partners, RSC Capital, SoftBank, Silver Lake Partners, and DCM Ventures. Founded… Read More

April 24, 2019 @ 12:52 pm By Samantha Hurst  |  

UK banking group NatWest announced on Wednesday the launch of its new biometric fingerprint card. NatWest reported that customers may now use their fingerprint to verify transactions above the £30 contactless limit, increasing security and making it easier for customers when paying for goods or services… Read More

April 24, 2019 @ 11:30 am By Samantha Hurst  |  

Judo Bank (formerly Judo Capital), a SME challenger bank, announced on Wednesday it was granted a full banking license by the  Australian Prudential Regulation Authority (APRA). According to the bank’s Chairman, Peter Hodgson, the full license means Judo will be able to significantly extend the… Read More

April 24, 2019 @ 10:10 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it is to receive a €900 million investment from Softbank through convertible bonds. Wirecard reported it is planning to issue convertible bonds with a term of five years exclusively to SoftBank, convertible to… Read More

April 24, 2019 @ 9:02 am By Samantha Hurst  |  

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, announced on Wednesday it has formed a new partnership with ANNA Money. According to TrueLayer, the partnership will enable ANNA to provide its customers with enhanced open… Read More

April 23, 2019 @ 2:20 pm By Samantha Hurst  |  

LuggageHero, a Denmark-based luggage storage service, has successfully secured its initial €1.2 million funding target on equity crowdfunding platform Seedrs. Founded in 2016, LuggageHero provides easy, cheap and safe storage of luggage around the central areas of big cities using retail stores and hotels. Been… Read More

April 23, 2019 @ 1:19 pm By Samantha Hurst  |  

Cryptocurrency trading platform Prime XBT announced on Tuesday it has enhanced its asset offering to traders worldwide by introducing forex, indices, and commodities.  PrimeXBT reported that it will begin offering margin trading across 18 currency pairs, spot contracts for gold and silver, and CFD contracts… Read More

April 23, 2019 @ 11:53 am By Samantha Hurst  |  

Global innovation platform Plug and Play has formed a new partnership with national employee benefits provider Trustmark. Trustmark notably serves organizations of all sizes, with a strategic focus on providing middle-market employers with products, services, and capabilities usually reserved for large employers. According to Kevin… Read More

April 23, 2019 @ 11:01 am By Samantha Hurst  |  

Blueshift, a customer data activation platform, announced on Tuesday it secured $15 million in Series B investment round, which was led by Softbank’s new AI-focused early stage fund, Softbank Ventures Asia. The company’s previous investors, including Storm Ventures and Nexus Venture Partners, also participated in… Read More

April 23, 2019 @ 9:55 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has expanded its partnership with India’s RBL Bank to drive financial inclusion. Wirecard reported that the partnership will make digital payment and banking transactions more readily accessible to all Indian citizens, including… Read More

April 23, 2019 @ 9:11 am By Samantha Hurst  |  

RiverNorth Marketplace Lending Corporation, an established and currently operating as a closed-end interval fund dedicated to the marketplace lending asset class, announced on Tuesday it has declared a Series A Preferred Stock cash dividend for the second quarter of 2019 of $0.3672 per share of… Read More

April 23, 2019 @ 8:10 am By Samantha Hurst  |  

Binance, the world’s largest cryptocurrency exchange by volume, has officially launched its services in Singapore. According to TechCrunch, the launch of the service comes just six months after the crypto exchange received an investment from Vertex, a VC firm that is backed by Singapore-based sovereign… Read More

April 22, 2019 @ 9:03 pm By Samantha Hurst  |  

OKCoin announced on Monday it has named EOS as the latest token added to its digital exchange platform. Founded in 2013, OKCoin claims to be one of the world’s first and largest regulated digital asset exchanges. It has users in more than 100 countries around… Read More

April 22, 2019 @ 3:54 pm By Samantha Hurst  |  

UK-based digital banking platform Starling Bank recently announced it has formed a new partnership with accounting software provider FreeAgent to help small business owners cut the time they spend on daily admin, digitize their finances and relax about tax. The partnership will reportedly enable Starling’s… Read More

April 22, 2019 @ 3:43 pm By Samantha Hurst  |  

Money transfer service Western Union (NYSE: WU) announced earlier this month that its cross-border payments and foreign exchange risk management division, Western Union Business Solutions, has formed a new partnership with October, European lending platforms for small and medium enterprises (SME) to support international expansion… Read More

April 22, 2019 @ 9:03 am By Samantha Hurst  |  

dozens, a “new banking and wealth management alternative,” is now nearing £3.8 million through its equity crowdfunding campaign on Seedrs. The round, which was launched last month, originally sought to raise £3.5 million and has attracted more than 2,000 investors. As previously reported, dozens describes… Read More

April 22, 2019 @ 8:34 am By Samantha Hurst  |  

American tennis champ Serena Williams has reportedly invested in cryptocurrency platform Coinbase through her investment group, Serena Ventures. The group, which launched in 2014, has silently invested in more than 30 companies, including Coinbase. Williams stated she launched the company with a mission to give… Read More