November 1, 2018 @ 2:36 pm By Samantha Hurst  |  

PayJoy, a San Francisco fintech startup, announced on Thursday it secured $20 million in debt-financing from Arc Labs, a venture partner to innovative companies serving the underbanked. According to PayJoy, the financing was given to bring smartphones and credit to the underbanked in Mexico. Founded in… Read More

November 1, 2018 @ 2:10 pm By Samantha Hurst  |  

seriesOne, a blockchain based fintech firm, announced on Thursday it has formed a new partnership with global crypto exchange Bithumb. seriesOne reported that under the terms of the agreement, it and Bithumb will form a joint venture intended to create a new exchange in the U.S. that… Read More

November 1, 2018 @ 9:11 am By Samantha Hurst  |  

India-based banking group ICICI Bank announced on Thursday the launch of its instant digital credit facility, PayLater, which was created to enable customers small-ticket ticket items immediately in a completely digital and paperless manner. The launch of this new feature was announced days after ICICI… Read More

November 1, 2018 @ 8:44 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, is now seeking £3 million through its equity crowdfunding campaign on Seedrs. This news comes after the launch of the company’s new mobile-first credit card, Jaja, which is managed entirely through the Jaja app, is designed to liberate consumers by redefining the… Read More

November 1, 2018 @ 8:22 am By Samantha Hurst  |  

Just a little over two years after securing nearly £200,000 through its first Crowdcube round, UK-based Seven Bro7hers Brewery has returned to the equity crowdfunding platform seeking £500,000 in funding. Established in 2014, Seven Bro7her described itself as a family craft beer brewery that believes there is a still a… Read More

October 31, 2018 @ 8:31 pm By Samantha Hurst  |  

Mistertango, a Switzerland-based crypto-friendly payment company, announced on Wednesday the launch of its crypto-as-a-service platform, Offers. Founded in 2014, Mistertango claims to be the first fintech company that offers dedicated IBAN accounts to individuals and businesses. According to Mistertango, the Offer platform is integrated into… Read More

October 31, 2018 @ 3:39 pm By Samantha Hurst  |  

Western Union announced on Wednesday it has partnered with online retailing giant Amazon to launch a new payment option that will allow international shoppers to pay in person, in local currency where available, for their online purchases.  According to the duo, Western Union’s money movement platform… Read More

October 31, 2018 @ 2:51 pm By Samantha Hurst  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Wednesday it has completed its acquisition of the debit card processing, ATM Managed Services and MoneyPass surcharge-free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB). The acquisition, which was announced… Read More

October 31, 2018 @ 1:18 pm By Samantha Hurst  |  

FIC Network, a blockchain technology provider for the fixed income market, announced on Wednesday it has launched its mainnet and recorded the first privately placed corporate bond on its platform. FIC Network claims this is one of the world’s first corporate bonds issued on the blockchain…. Read More

October 31, 2018 @ 12:16 pm By Samantha Hurst  |  

Ping An Insurance Group announced on Wednesday the launch of its blockchain-based international trade finance platform, eTradeConnect, in Hong Kong. According to Ping An, the new platform is initiated by seven founding banks in Hong Kong and facilitated by the Hong Kong Monetary Authority (HKMA). OneConnect,… Read More

October 31, 2018 @ 10:45 am By Samantha Hurst  |  

Less than two weeks after launching its latest equity crowdfunding campaign on Crowdcube, UK online lending platform WiseAlpha has now surpassed £2 million from more than 980 investors. The funding round quickly secured its initial £1 million.  As previously reported, WiseAlpha’s online lending platform aims to give retail investors… Read More

October 31, 2018 @ 10:09 am By Samantha Hurst  |  

UK-based challenger bank Monzo announced on Wednesday it successfully secured £85 million through its latest investment round, which was led by General Catalyst, alongside Accel and the startup’s existing investors. The company’s valuation is now at $1 billion. Founded in 2015, Monzo describes itself as a fintech startup that “lives… Read More

October 31, 2018 @ 8:18 am By Samantha Hurst  |  

Even Financial, the platform powering financial services online, announced on Wednesday it is set to acquire Birch Finance, which is described as a personal finance app that helps everyday consumers find the best credit cards and optimize their rewards. This upcoming acquisition comes just a couple… Read More

October 30, 2018 @ 4:23 pm By Samantha Hurst  |  

Insurtech company Ethos announced on Tuesday it successfully raised $35 million through its Series B financing round, which was led by early and growth-stage venture capital firm, Accel with participation from Google Ventures (GV), previous investors Sequoia Capital and Arrive, a subsidiary of Roc Nation,… Read More

October 30, 2018 @ 3:29 pm By Samantha Hurst  |  

Biz2Credit announced on Tuesday it has formed a new partnership with U.S. banking group Popular Bank to expand on the bank’s digital presence and help streamline its small business loan application process. The duo reported that through this new partnership Popular Bank will leverage Biz2Credit’s analytics… Read More

October 30, 2018 @ 2:50 pm By Samantha Hurst  |  

Sentieo, a California-based financial research platform, announced on Tuesday it secured $19 million through its Series A funding round led by Centana Growth Partners, with participation from existing investors. Launched in 2015, Sentieo is described as a modern financial research platform, utilizing machine learning and… Read More

October 30, 2018 @ 1:24 pm By Samantha Hurst  |  

India-based banking group ICICI Bank announced on Tuesday it has teamed up with Amazon to launch a new credit card. According to ICICI Bank, the co-branded card offers a reward points program exclusive for “digitally savvy customers” and is claimed to be the first card… Read More

October 30, 2018 @ 11:44 am By Samantha Hurst  |  

European financial group Nordea announced on Tuesday it has expanded its digital payment offering by adding Google Pay. According to Nordea, customers in all Nordic countries can now use Google Pay at contactless payment terminals and in apps and online stores. All Nordea’s consumer cards and Nordea First… Read More

October 30, 2018 @ 11:02 am By Samantha Hurst  |  

With its latest equity crowdfunding campaign on Crowdcube set to close later this evening, UK-based digital banking solution goHenry will complete the funding round with nearly £6 million from more than 3300 investors. goHenry’s financial services, which is a debit card and app, is geared for the digital… Read More

October 30, 2018 @ 10:09 am By Samantha Hurst  |  

Less than a week after announcing it is now offering several new alternative payment options in the UK, online payment processing provider Allied Wallet announced more payment options for Ireland. The company added Paysafecard, Boleto Bancário, SEPA Credit Transfer, and SEPA Direct Debit to its NextGen Payment… Read More