April 1, 2019 @ 11:51 am By Samantha Hurst  |  

Banesco USA, an independent Florida state-chartered bank, announced on Monday it has formed a partnership with Plug and Play. Banesco reported that the partnership enables it to use the Plug and Play platform to explore partnerships with the aim of further innovating its consumer and commercial offerings… Read More

April 1, 2019 @ 11:24 am By Samantha Hurst  |  

Novo, a U.S.-based small business challenger bank, announced last week it secured $4.8 million through its seed funding round, which was led by Crosslink Capital with participation from Red Sea Ventures, Hack VC, RRE, Rainfall, and the Stanford Law School Venture Fund. Founded in 2016,… Read More

April 1, 2019 @ 11:03 am By Samantha Hurst  |  

Just a little over a year after securing nearly €200,000 through its first Seedrs funding round, Corkbrick Europe has returned to the equity crowdfunding platform to raise €250,000. As previously reported, Corkbrick was founded in 2012 by father-daughter duo Miguel Reynolds Brandão and Catarina Reynolds… Read More

April 1, 2019 @ 10:05 am By Samantha Hurst  |  

Global blockchain payments provider BitPay announced last week the launch of its new invoice upgrade. BitPay reported that the launch comes after it revamped its customer success team and overhauled its payment process to prevent payment errors for its merchants and their customers. According to BitPay,… Read More

April 1, 2019 @ 8:09 am By Samantha Hurst  |  

UK banking group NatWest announced on Monday it is set to trial its new personal mobile app, Mimo. According to NatWest, Mimo has been designed to help customers save time, save money and enjoy financial peace of mind. It will help customers budget, remind them of… Read More

March 31, 2019 @ 9:25 pm By Samantha Hurst  |  

Less than two years after securing more than £1.6 million in funding through its equity crowdfunding campaign on Crowdcube, intelligent headphone creator Kokoon has launched a new funding round on Seedrs to raise £1 million. As previously reported, Kokoon is seeking to bring the world… Read More

March 31, 2019 @ 9:12 pm By Samantha Hurst  |  

Scotiabank announced last week the launch of its new digital mortgage experience, Scotiabank eHOME. Scotiabank reported with Scotiabank eHOME, Canadians may apply for a mortgage completely online, track the application status through real-time updates, and complete the closing with a lawyer without requiring an in-person… Read More

March 31, 2019 @ 9:04 pm By Samantha Hurst  |  

Cryptobuyer, a Latin American exchange, has reportedly partnered with Venezuelan department store Traki and has rolled out zero-fee Dash buying on its ATM network. Dash reported that Cryptobuyer currently supports it, as well as Litecoin and Bitcoin. The platform now operates both a network of… Read More

March 29, 2019 @ 9:30 pm By Samantha Hurst  |  

Less than a year after raising £1 million through its second Seedrs campaign, insurtech startup Wrisk has returned to the equity crowdfunding platform, now seeking an additional £750,000.  As previously reported, the insurtech is seeking to shake up the antiquated insurance industry with their smartphone… Read More

March 29, 2019 @ 9:17 pm By Samantha Hurst  |  

Dragon Den alum GripIt is now set to close its latest equity crowdfunding campaign on Crowdcube with nearly £1.2 million in funding from more than 730 investors. GripIt originally sought to raise £1 through the round, which is set to close on Monday.  As previously… Read More

March 29, 2019 @ 3:55 pm By Samantha Hurst  |  

Online lending platform SoFi announced on Thursday it has refreshed its mortgage offering as SoFi Home Loans. The lender reported that the offering is complete with a re-engineered process that helps people buy or refinance a home with an online application, no hidden fees, or… Read More

March 29, 2019 @ 3:36 pm By Samantha Hurst  |  

Cryptocurrency exchange Coinbase announced on Friday it has launched staking support for Tezos (XTZ) for Coinbase Custody clients. The platform claims to be the first full-service, regulated, comprehensively-insured, and 100% offline staking provider in crypto. “We launched Coinbase Custody with a simple thesis: institutions need… Read More

March 29, 2019 @ 9:45 am By Samantha Hurst  |  

The Universal Protocol Alliance, a group of leading blockchain companies including Bittrex International, Brave, Blockchain at Berkeley, Uphold, Cred and CertiK, announced on Thursday it is set to launch Universal Euro in April. According to the Alliance, the latest stablecoin offers in the family of… Read More

March 29, 2019 @ 8:36 am By Samantha Hurst  |  

Prosper, a leading peer-to-peer lending platform connecting borrowers and investors, has released the financial results for the full year ended December 31, 2018. Financial highlights include: Total Net Revenue, which includes the non-cash impact related to warrants to purchase preferred stock, decreased to $104.4 million… Read More

March 29, 2019 @ 7:55 am By Samantha Hurst  |  

Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) announced on Thursday it has issued a $20 million senior unsecured note to Majik Fund SPC, which is an exempted company managed by a subsidiary of Yunfeng Financial Group Limited. According to Hexindai, the note bears a fixed interest… Read More

March 28, 2019 @ 9:46 pm By Samantha Hurst  |  

Finaeo, a Canada-based insurtech startup focused on the life insurance marketplace, announced this week it secured $5.35 million through its latest investment round, which was led by Luge Capital. Founded in 2016, Finaeo’s vision is to become the digital fabric that connects and powers the… Read More

March 28, 2019 @ 9:28 pm By Samantha Hurst  |  

U.S.-based independent mobile remittance company Remitly announced on Thursday it has teamed up with Visa to enhance its cross-border money transfer service.  Working together, Remitly and Visa are planning to provide the ability to send funds from the U.S. to eligible Visa debit cards across borders,… Read More

March 28, 2019 @ 2:16 pm By Samantha Hurst  |  

Blueprints, a UK-based investment platform for equitable development projects, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million in funding. The investment round was launched in January, originally seeking £950,000 and has attracted 300 investors.  As previously reported, Blueprints’ mission… Read More

March 28, 2019 @ 2:09 pm By Samantha Hurst  |  

Plaid, a U.S.-based fintech startup, announced on Thursday it has expanded its institution coverage in Canada. The company launched its services in the country last year and recently added support for Desjardins, National Bank of Canada, President’s Choice, and Simplii. Along with the expansion of… Read More

March 28, 2019 @ 8:25 am By Samantha Hurst  |  

The Federal Reserve Bank of New York announced last week it has launched its own Fintech Advisory Group to provide Bank leaders with a “high-level” platform to establish clear points of contact with senior representatives and thought leaders from the financial technology industry and consumer… Read More