January 25, 2019 @ 10:26 pm By Samantha Hurst  |  

MoveGB, an online fitness marketplace, has successfully secured its initial £1 million funding target through its equity crowdfunding campaign on Crowdcube. Founded in 2013, MoveGB has more than 6,000 activity providers and 350,000 registered users. The company claimed the third fastest growing UK business in 2017’s Deloitte… Read More

January 25, 2019 @ 1:19 pm By Samantha Hurst  |  

Grayscale Investments, LLC, a digital currency investing authority, announced last week the launch of its new single-asset investment product, Grayscale Stellar Lumens Trust, which provides exposure to Lumens (XLM), the native asset of the Stellar network. Grayscale reported this is the ninth single-asset investment product is has introduced. According… Read More

January 25, 2019 @ 12:06 pm By Samantha Hurst  |  

BBVA announced on Friday its backed fintech investment fund Propel Venture Partners took part in the $6.2m Series A funding round of Groww, an India-based investment mobile app. Founded in 2017, Grow uses technology and expert financial knowledge to help make mobile investing simple and rewarding for users. The app’s mission… Read More

January 25, 2019 @ 11:35 am By Samantha Hurst  |  

RealBlocks, a U.S.-based blockchain-powered real estate tech platform, announced on Friday it secured $3.1 million through its latest seed funding round, which was led by Science Inc. with participation from Morgan Creek Digital, Zelkova Ventures, Ulu Ventures, and Cross Culture Ventures. Founded in 2017, RealBlocks revealed… Read More

January 25, 2019 @ 8:20 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Thursday it is launching its next-generation handset financing for China Mobile’s subscribers. PINTEC revealed that it and an undisclosed national consumer financial company that was approved by the China Banking Regulatory Commission will develop a digital lending… Read More

January 24, 2019 @ 10:05 pm By Samantha Hurst  |  

Albo, a Mexico-based fintech that offers consumers digital accounts with prepaid Mastercards for receiving, transferring, and spending, announced on Thursday it secured $7.4 million through its Series A investment round, which was led by Mountain Nazca and joined by the impact investment firm Omidyar Network,… Read More

January 24, 2019 @ 8:56 pm By Samantha Hurst  |  

Augmentum Fintech plc (LSE: AUGM) announced on Thursday it has invested £7.5 Million in online lending platform, iwoca. Founded in 2018, Augmentum Fintech claims to be one of Europe’s leading venture capital investors that is focused exclusively on the fintech sector. The group invests in early and… Read More

January 24, 2019 @ 3:15 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday it has donated more than $130,000 to underserved business owners nearly 80 countries through Kiva microloans. According to Lendio, the donations were given through continued efforts to support business growth around the world, the Lendio Gives program has funded more than 5,000… Read More

January 24, 2019 @ 2:32 pm By Samantha Hurst  |  

Global investment platform, eToro, announced on Thursday it has added  ZCash (ZEC) to its product range. eToro reported that ZEC is the fourteenth crypto asset to accepted on its platform. According to eToro, ZEC is a decentralised payments network, designed to offer users greater privacy options,… Read More

January 24, 2019 @ 8:56 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it is teaming up with Swedish fintech Personal Finance Co (P.F.C.), formerly Betalo, to introduce a new digital banking solution that is aimed towards hundreds of thousands of Swedish consumers. Wirecard reported that its… Read More

January 24, 2019 @ 8:50 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Thursday its President, Zhou Jing, is now set to lead its international business expansion efforts. According to PINTEC, Zhou has served as the president of the Company since January 2018. From May 2016 to January 2018, she served as the CEO of the Dumiao… Read More

January 24, 2019 @ 7:51 am By Samantha Hurst  |  

Symbiont, a smart contracts platform for institutional applications of distributed ledger technology, announced on Wednesday it secured $20 million through its Series B funding round, which was led by Nasdaq Ventures with participation from additional new investors including Galaxy Digital, Citi, and Raptor Group. Founded… Read More

January 23, 2019 @ 3:51 pm By Samantha Hurst  |  

AXA Venture Partners (AVP) a venture capital firm investing in high-growth technology companies, announced on Tuesday it secured $150 million for its second Early Stage Fund (AVP Early Stage II). AVP reported that its first Early Stage Fund, which is a $110 million vehicle that was… Read More

January 23, 2019 @ 2:34 pm By Samantha Hurst  |  

Canadian fintech Mogo Finance Technology announced on Wednesday it is expanding its technology partnership with Plaid. Modo reported that it is using Plaid’s API technology to enable more convenient access to its products and help more users to gain control of their financial health. While sharing… Read More

January 23, 2019 @ 1:27 pm By Samantha Hurst  |  

Onfido, a U.S. based identity verification platform, announced on Wednesday it has formed a new partnership with BitPay to accept secured payments in Bitcoin. Onfidio reported that BitPay is also using its technology to meet Know Your Customer (KYC) requirements and onboard new users to its platform… Read More

January 23, 2019 @ 12:35 pm By Samantha Hurst  |  

CrediFi, a fintech and commercial real estate finance platform, on Wednesday it has raised an additional $6 million in funding. This funding comes on the heels of the $13 million previously raised in Series B funding. The company reported that the total amount it has… Read More

January 23, 2019 @ 11:20 am By Samantha Hurst  |  

Barclays announced on Wednesday a significant expansion of Rise New York, which is one of the banking group’s global locations providing a co-working, mentoring, and events space in its Rise FinTech ecosystem. According to Barclays, Rise New York is currently home to more than 60 start-ups…. Read More

January 23, 2019 @ 9:59 am By Samantha Hurst  |  

Dash Financial Technologies, a New York-based fintech that specializes in order routing transparency, visualization, and customization solutions, announced on Wednesday it has appointed Scott Patrick as its new Chief Financial Officer. According to Dash Financial, Patrick has 25 years of experience in financial services and financial technology… Read More

January 23, 2019 @ 9:14 am By Samantha Hurst  |  

U.S. fintech startup Kyriba Corp. announced on Wednesday it has reached an agreement to acquire FiREapps, an enterprise currency management firm, to create a solution for managing a lifecycle of global foreign exchange (FX) risk. According to Kyriba, the agreement will combine two global leaders in cloud treasury and… Read More

January 23, 2019 @ 8:11 am By Samantha Hurst  |  

Global Payables Platform Tipalti announced on Tuesday it enabled automated publisher payments for ad test customers, which includes AppMonet, StackCommerce, and mobileFUSED. Founded in 2010, Tipalti claims it is the only supplier payments automation solution to streamline all phases of the AP and payment management workflow in one… Read More