March 28, 2019 @ 8:05 am By Samantha Hurst  |  

BitTorrent, Inc., the company behind P2P communications protocol and products, BitTorrent and µTorrent, announced on Thursday it has begun user testing on its new BitTorrent Live streaming service. According to BitTorrent, the live streaming service allows customers to create live content and connect on mobile devices… Read More

March 28, 2019 @ 7:52 am By Samantha Hurst  |  

Global payments provider Klarna announced on Thursday the launch of its new open banking platform. According to Klarna, the platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna… Read More

March 27, 2019 @ 8:06 pm By Samantha Hurst  |  

U.S. fintech startup Kyriba Corp. announced on Wednesday it is in advanced talks with Bridgepoint, an international private equity group focused on investing in market-leading businesses, to receive a $160 million investment round to accelerate innovation and growth of its enterprise platform.  Kyriba reported that the… Read More

March 27, 2019 @ 4:07 pm By Samantha Hurst  |  

Standard Chartered Bank Limited, PCCW Limited, HKT Trust and HKT Limited, and Ctrip Financial Management Co., Limited announced on Wednesday the establishment of a strategic joint venture to deliver a new standalone digital retail bank in Hong Kong. According to the organizations, this new joint… Read More

March 27, 2019 @ 2:35 pm By Samantha Hurst  |  

Qupital, a Hong Kong-based trade finance platform, announced on Wednesday it secured $15 million through its Series A investment round, which was led by CreditEase FinTech Investment Fund (CEFIF) with additional capital injections from the Alibaba Hong Kong Entrepreneurs fund and MindWorks Ventures. Qupital reported that it… Read More

March 27, 2019 @ 2:10 pm By Samantha Hurst  |  

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Wednesday it is set to expand its services into Australasian later this year, thanks to two major investments. The first step is to open two sales offices in Australia and the second is the expansion of its… Read More

March 27, 2019 @ 10:42 am By Samantha Hurst  |  

Global Payables Platform Tipalti announced on Tuesday it has expanded its financial management partnerships with Big Bang ERP, Procurify, and Tesorio to help further modernize organizations’ finance operations, giving them the necessary tools to focus more on the strategic challenges they face during rapid growth…. Read More

March 27, 2019 @ 10:30 am By Samantha Hurst  |  

Pelican, a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, announced on Wednesday the further extension of its API Interoperability solution, with expanded support for the six popular Open Banking API standards, now including the UK’s OBWG, France’s STET… Read More

March 27, 2019 @ 9:52 am By Samantha Hurst  |  

Embley Energy, a UK-based clean and renewable energy source, is now seeking £1.5 million through its new equity crowdfunding campaign on Crowdcube for its SPERBOY device. According to Embley Energy, the SPERBOY device has the ability to generate large amounts of energy through wave power…. Read More

March 27, 2019 @ 7:55 am By Samantha Hurst  |  

UK-based fintech firm Nutmeg announced on Wednesday it is planning to launch a crowdfunding round this upcoming summer through equity crowdfunding platform, Crowdcube. This news comes just a couple of months after the company secured £45 million through its latest funding round, which was led… Read More

March 26, 2019 @ 3:52 pm By Samantha Hurst  |  

Technology giant Apple announced on Monday its new credit card, Apple Card, which is described as an innovative, new kind of credit card created by Apple and designed to help customers lead a healthier financial life. Apple reported that the Apple Card is built into… Read More

March 26, 2019 @ 2:37 pm By Samantha Hurst  |  

Turnkey open banking platform provider, Token.io Limited, announced on Monday it has formed a partnership with digital-first challenger bank Tandem Bank to achieve PSD2 compliance and leverage open banking opportunities. According to Token.io, Tandem is now looking to look beyond core compliance, developing innovative new services… Read More

March 26, 2019 @ 2:05 pm By Samantha Hurst  |  

Airwallex, an Australia-based fintech company, announced on Monday it secured $100 million through its Series C funding round, which was led by DST Global, which has previously backed internet giants Facebook, Airbnb and Spotify and fintech leaders Nubank and Robinhood. The latest round brings Airwallex’s… Read More

March 26, 2019 @ 1:34 pm By Samantha Hurst  |  

Chinese cryptocurrency exchange CoinAll announced on Tuesday it has listed Lambda (LAMB) on its platform. CoinAll describes Lambda as a safe, reliable and infinitely expanding decentralized storage network, whose mission is to promote the development of the Internet decentralization and build storage infrastructure for the… Read More

March 26, 2019 @ 12:02 pm By Samantha Hurst  |  

Plug and Play Abu Dhabi Global Market (ADGM) announced on Tuesday it has kicked off its second fintech accelerator and innovation program in the Middle East. The organization has partnered with BNP Paribas, Boubyan Bank, Finablr Group, First Abu Dhabi Bank (FAB), and Riyad Bank. According… Read More

March 26, 2019 @ 11:26 am By Samantha Hurst  |  

Mortgage marketplace lender LendingHome announced on Tuesday it has completed its first syndicated, revolving securitization of residential transition loans, issuing approximately $208 million of non-rated, asset-backed securities. According to LendingHome, the transaction totaled approximately $219 million in aggregate and was structured with a two-year revolving… Read More

March 26, 2019 @ 10:29 am By Samantha Hurst  |  

Yalber, a U.S.-based SMB royalty investment company, announced on Tuesday it secured a $20 million credit facility from Park Cities Asset Management. Founded in 2007, Yalber offers an alternative to the conventional funding options currently available to businesses, such as debt either through a bank… Read More

March 26, 2019 @ 10:07 am By Samantha Hurst  |  

Payment processing giant PayPal announced last week that is forming a new partnership with Instagram to help with buyer and seller transaction through Instagram’s new check out experience for shopping. According to PayPal, Checkout on Instagram will be available within posts and stories with shopping… Read More

March 26, 2019 @ 7:57 am By Samantha Hurst  |  

Payment process platform Square announced on Tuesday the launch of its new mobile app, Square Invoices, to allow sellers to create, manage, and sending invoices from anywhere. Square reported that as part of Square’s wider ecosystem of mobile tools, the Invoices app enables sellers to… Read More

March 25, 2019 @ 3:38 pm By Samantha Hurst  |  

trueDigital Holdings, LLC, a global provider of financial infrastructure technologies and products for the digital economy, announced on Monday it has signed new distribution deals with Kaiko and Inca Digital Securities (Inca) to expand distribution of its over-the-counter (OTC) reference rates for Bitcoin and Ether to investors worldwide.  trueDigital… Read More