March 19, 2019 @ 9:39 am By Samantha Hurst  |  

KoreConX announced on Tuesday that Randee Pavalow, a member of the KoreConX advisory board, was appointed to be a member of the Ontario Securities Commission (OSC) Fintech Advisory Committee. According to KoreConX, the OSC administers and enforces compliance for the securities industry in Ontario and is… Read More

March 19, 2019 @ 8:35 am By Samantha Hurst  |  

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, announced on Tuesday it has launched a new module on it accounts receivable platform, ARC, that offers enhanced cash application and bank reconciliation capabilities powered Cashbook. According to VersaPay, ARC provides… Read More

March 18, 2019 @ 3:38 pm By Samantha Hurst  |  

CoinNess, an Asian cryptocurrency and blockchain information provider, announced on Monday it closed its Series A round funding calculated in millions of dollars, led by Chinese leading venture capital ShunWei Capital, QF Capital, and FreesFund. Speaking about the investment, Peter TAN, CEO of CoinNess, stated:… Read More

March 18, 2019 @ 2:41 pm By Samantha Hurst  |  

IBM (NYSE: IBM) announced on Monday IBM Blockchain World Wire, a real-time global payments network for regulated financial institutions, is officially accessible to more than 50 countries.  According to IBM, World Wire was designed to optimize and accelerate foreign exchange, cross border payments and remittances… Read More

March 18, 2019 @ 10:19 am By Samantha Hurst  |  

Standard Chartered announced on Monday that its venture unit, SC Ventures, has created a market-first platform, called SC Ventures Fintech Bridge, to connect community builders such as start-ups, investors and accelerators to the Bank. According to Standard Chartered, SC Ventures Fintech Bridge connects and matches… Read More

March 18, 2019 @ 10:05 am By Samantha Hurst  |  

Singel announced on Monday its Asian cross-border payment alliance, VIA, has expanded its footprint to Japan. According to Singel, NETSTARS, a Tokyo-based mobile payment technology company, will join VIA, adding its 100,000 stores to the network’s current 1.6 million merchant partners. Singel reported that users… Read More

March 18, 2019 @ 8:13 am By Samantha Hurst  |  

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Monday it has been acquired by FIS (NYSE: FIS), a financial services technology firm. FIS reportedly purchased the payment processor for $35 billion. Founded in 1993, WorldPay claims to be a “global leader” in payments… Read More

March 18, 2019 @ 8:03 am By Samantha Hurst  |  

Cryptocurrency exchange Coinbase announced last week it would be launching Stellar Lumens (XLM) on its Coinbase Pro platform. According to Coinbase, support for XLM will be immediately available in Coinbase’s supported jurisdictions, with the exception of New York State, with additional jurisdictions may be added… Read More

March 17, 2019 @ 9:24 pm By Samantha Hurst  |  

Insurtech startup Zesty.ai has recently formed a new partnership with Aon plc (NYSE:AON), a global professional services firm providing a broad range of risk, retirement and health solutions, to enhance insurers’ underwriting through access to more than 130 billion data points on buildings and their… Read More

March 17, 2019 @ 9:10 pm By Samantha Hurst  |  

Less than a year after securing £800,000 through its previous Seedrs funding round, contractor platform iContract has returned to the equity crowdfunding platform, now seeking a minimum of £150,000. As previously reported, iContract was launched in August 2017 to connect contractors and recruiters for job… Read More

March 17, 2019 @ 9:00 pm By Samantha Hurst  |  

Propio, a UK-based property investment platform, has recently launched an equity crowdfunding campaign on Crowdcube to raise £300,000. Founded in 2016, and launched in 2017, Propio describes itself as a the home of the Property ISA.  Its platform notably combines decades of property expertise with… Read More

March 15, 2019 @ 9:52 pm 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 earlier this week the launch of its Universal Bitcoin (UPBTC), which is described as an Ethereum-compatible Bitcoin that earns an annual ten percent… Read More

March 15, 2019 @ 9:34 pm By Samantha Hurst  |  

Just weeks after securing a £100 million grant from the Capability and Innovation Fund (CIF), UK-based banking platform Starling Bank announced it is set to create 150 jobs in its new Southampton office. According to Starling Bank, the office will be open by the summer… Read More

March 15, 2019 @ 11:54 am By Samantha Hurst  |  

iCapital Network, a US fintech platform democratizing alternative investments for high-net-worth individuals and their advisors, announced on Friday it has formed a partnership with Morgan Stanley to provide alternative investment feeder fund services. It was revealed that the alternative investments feeder fund business transferring to… Read More

March 15, 2019 @ 11:15 am By Samantha Hurst  |  

Cryptocurrency exchange Poloniex announced on Thursday it has partnered with Cosmos to allow Cosmos ICO participants to preview and claim their Atoms’ balance. According to Poloniex, Cosmos aims to create a network of blockchains all capable of interacting with one another through a consensus engine… Read More

March 15, 2019 @ 9:35 am By Samantha Hurst  |  

Upbit, a digital asset exchange based in South Korea, announced on Friday it is now listing Crypto.com Chain Token (CRO). According to Upbit, the Crypto.com Chain is a high-performing public blockchain powering Crypto.com Pay, which allows customers to pay for goods and services with cryptocurrency… Read More

March 15, 2019 @ 9:00 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Friday it has formed a partnership with China UnionPay Merchant Services Co., Ltd. (China UMS) to develop customized and efficient digital lending solutions to serve small and micro-sized enterprises (SMEs).  PINTEC reported that it will cooperate… Read More

March 14, 2019 @ 9:51 pm By Samantha Hurst  |  

Corvus, a U.S.-based insurtech startup, announced last week the launch of its Smart Cyber Insurance product lines. Founded in 2017, Corvus Insurance is an AI-driven InsurTech company offering Smart Commercial Insurance policies and innovative technology that utilizes new forms of data to predict and prevent… Read More

March 14, 2019 @ 9:41 pm By Samantha Hurst  |  

Credit Suisse announced on Thursday it has joined forces with Swiss software provider KLARA to simplify online credit requests for SMEs. Credit Suisse reported that starting now, SMEs that use KLARA may submit online credit requests to its platform. “SMEs can thus directly submit their… Read More

March 14, 2019 @ 2:24 pm By Samantha Hurst  |  

Barclaycard, which processes nearly half of the UK’s credit and debit card transactions, announced on Thursday it has formed a new partnership with Alipay, a global payment and lifestyle platform, to allow retailers to accept Alipay transactions in stores across the UK. Barclaycard reported that… Read More