March 25, 2019 @ 3:20 pm By Samantha Hurst  |  

Radius Bank, a virtual bank focused on providing clients with banking solutions to better financial health, announced last week it has formed a partnership with MassChallenge FinTech, a program matching enterprise-ready fintech startups within industry leaders to bring to market emerging products and services with… Read More

March 25, 2019 @ 2:29 pm By Samantha Hurst  |  

Robinhood announced on Monday it has acquired MarketSnacks, which was described as a daily financial news podcast and newsletter, and has re-relaunched these products as Robinhood Snacks. According to Robinhood, as part of the acquisition, MarketSnacks Co-Founders Jack Kramer and Nick Martell are joining us… Read More

March 25, 2019 @ 12:14 pm By Samantha Hurst  |  

UK challenger bank Monzo announced on Friday it was putting its plans on hold to allow its users to pay in cheques with a picture. The startup reported that last year it announced its plans to join the Image Clearing System, but in January, it… Read More

March 25, 2019 @ 10:45 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has extended its cooperation with Slovenian fintech company MBILLS to enable Garmin Pay as a further payment option. According to Wirecard,  MBILLS is owned mainly by Petrol, the largest energy and retail… Read More

March 25, 2019 @ 10:11 am By Samantha Hurst  |  

eToro, announced on Monday it has added Tron’s TRX token to its global investment platform. eToro reported that this brings the total number of cryptoassets available on its platform to 15. According to eToro, Tron is an ambitious, multi-faceted project seeking to “decentralise the internet.”… Read More

March 25, 2019 @ 9:29 am By Samantha Hurst  |  

Envestnet (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, recently announced it will acquire PIEtech, Inc., the creator of the MoneyGuide family of financial planning applications. Envestnet revealed it will acquire PIEtech for consideration consisting of $295 million in cash,… Read More

March 25, 2019 @ 8:16 am By Samantha Hurst  |  

Peer to peer lender Robo.cash announced on Monday it has funded €2.4 million of Philippine loans. Robo.cash reported that this is the highest volume of financed loans among all loan originators of Robocash Group for the first three months after the integration with the P2P… Read More

March 24, 2019 @ 9:46 pm By Samantha Hurst  |  

UK coffee and cocktail shop, Grind, has returned to equity crowdfunding platform Crowdcube and has not only secured its initial £1,350,000, but is now nearing £3 million from more than 1360 investors. The latest funding round comes less than two years after the company raised… Read More

March 24, 2019 @ 9:03 pm By Samantha Hurst  |  

PIVOT Fintech Pte. Ltd., the digital wealth management technology services venture backed by Pintec Technology Holdings Ltd. (NASDAQ: PT) and FWD Group, announced last week it has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). Launched in 2017 by… Read More

March 24, 2019 @ 8:31 pm By Samantha Hurst  |  

Monevo, a U.S.-based personal loan marketplace, announced last week the launch of its personal loan API, Credit Staq, which allows Monevo partners, including comparison sites, fintechs and consumer brands to present and compare pre-approved loan offers from the platform’s panel of personal loan lenders natively… Read More

March 22, 2019 @ 8:27 pm By Samantha Hurst  |  

Borgun, a European payment processor and merchant acquirer, announced earlier this week it has signed an agreement with the fintech and insurtech company novae to support its digital transformation. Borgun reported that it and novae are aiming to co-create solutions in a digital capability framework… Read More

March 22, 2019 @ 8:18 pm By Samantha Hurst  |  

Dragon Den alum GripIt is set to close its latest equity crowdfunding campaign on Crowdcube with more than £1.1 million thanks to over 600 investors. The funding round, which comes less than two years after the company raised more than £2 million through its second… Read More

March 22, 2019 @ 1:59 pm By Samantha Hurst  |  

dozens, a “new banking and wealth management alternative,” has successfully secured its initial £3.5 million equity crowdfunding target on Seedrs. The funding round has attracted more than 1660 investors so far. As previously reported, dozens describes itself as a new home for money, one that… Read More

March 22, 2019 @ 1:41 pm By Samantha Hurst  |  

Credijusto, an SME lending platform that is based in Mexico, announced on Friday it has closed a credit facility with Goldman Sachs for up to $100 million.  According to Credijusto, The transaction provides the lender with the funding capacity to further expand its lending across… Read More

March 22, 2019 @ 9:12 am By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that 12 financial institutions have signed up with its second Payment Services Directive (PSD2) solution. Avaloq reported that it launched the service at the end of last year… Read More

March 22, 2019 @ 8:30 am By Samantha Hurst  |  

Cryptocurrency exchange Binance announced earlier this week its entry in the Australian market with the launch of Binance Lite, a secure platform allowing users to exchange cash for digital currency, as well as the hiring of its first Australian employee and committing its investee TravelbyBit… Read More

March 22, 2019 @ 8:04 am By Samantha Hurst  |  

IPC, a global provider of secure, compliant communications and networking solutions for the financial markets community, announced on Thursday it has formed a partnership with Omniex, an institutionally focused investment and trading platform for digital assets, to allow institutional investors to now access a variety… Read More

March 22, 2019 @ 7:43 am By Samantha Hurst  |  

Blockchain fintech company, Blackmoon, announced on Friday it has formed a strategic partnership with Daneel.io (Daneel), an Information Technology and Services firm whose goal is to develop an AI capable of detecting fake news in the Blockchain market, create a branded Exchange Traded Index (ETx)…. Read More

March 21, 2019 @ 9:39 pm By Samantha Hurst  |  

Saphron, an insurtech based in the Philippines, has reportedly secured S$1.4 million through its seed funding round, which was led by Sage and Talino Labs. Saphron revealed it was built out of its “bold ambition” to make insurance radically accessible through powerful and seamless technology…. Read More

March 21, 2019 @ 9:22 pm By Samantha Hurst  |  

Akulaku, a SE Asia-based fintech, is reportedly set to acquire Indonesian lending bank Yudha Bhakti for Rp 158 Billion ($11 million). Founded in 2016, Akulaku is a fintech company that is focused on providing financial services to the underserved. The company has established offices in five countries/regions,… Read More