October 22, 2018 @ 4:47 pm By Samantha Hurst  |  

Klarna announced on Monday it has signed Rancourt & Co., premium leather shoe crafters, as its first U.S. merchant. This news comes less than two weeks after H&M reportedly invested $20 million into the Swedish fintech. As previously reported, Klarna was founded in 2005 and offers… Read More

October 22, 2018 @ 3:19 pm By Samantha Hurst  |  

On Monday, South Korean-based cryptocurrency exchange platform Bithumb announced it payback 70% of transaction fees for overseas users to show appreciation for the users’ support and loyalty. According to the platform, this event, Cryptocurrency Transaction Fee payback promotion, is being held from October 22nd to November 21st and… Read More

October 22, 2018 @ 2:22 pm By Samantha Hurst  |  

Digital brokerage solution provider DriveWealth announced on Monday it has joined forces with Australian global payments platform Verrency to deliver its fractional share investment platform to a new segment of consumers. DriveWealth reported that through the new partnership shoppers who have a debit or credit card will have… Read More

October 22, 2018 @ 12:18 pm By Samantha Hurst  |  

CoinText.io, a wallet to transact cryptocurrency using SMS messages, announced on Monday it has launched its SMS bitcoin cash wallet service in Brazil, as well as three more European countries, which are Poland, Croatia, and Romania. This news comes just days after Context launched its services in… Read More

October 22, 2018 @ 11:28 am By Samantha Hurst  |  

NEO Finance, a Lithuania-based peer-to-peer lending platform, is now seeking €200,000 through UK’s equity crowdfunding platform, Seedrs. Founded in 2015, NEO Finance claims to be the largest P2P lending platform in Lithuania and is operating under the name, Paskolų klubas. The lender noted it offers investors… Read More

October 22, 2018 @ 10:45 am By Samantha Hurst  |  

Sepior ApS, a U.S.-based cryptography firm for highly secure online transactions, announced on Monday it has formed a partnership with the SBI Group, a Japanese online financial services firm actively developing cryptocurrency markets in Asia, to license Sepior’s Threshold-Sig Wallet Security technology and to jointly develop a… Read More

October 22, 2018 @ 8:59 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced over the weekend the launch of its global asset servicing solution. According to Broadridge,  the solution is designed and developed with a global tier-one bank, now cloud, along with SaaS-enabled and selected by global banks, the full end-to-end solution streamlines… Read More

October 22, 2018 @ 7:56 am By Samantha Hurst  |  

U.S.-based banking firm PNC Bank announced on Monday it has partnered with online lender OnDeck to create a new digital business lending platform, which is set to launch in 2019. According to the banking group, the lending portal will offer fully digital business lines of… Read More

October 21, 2018 @ 3:27 pm By Samantha Hurst  |  

PayStand, a blockchain-based, B2B payments firm, announced last week it has expanded its operation into Mexico by opening a new office in Guadalajara. According to PayStand, the new office bolsters the company’s continued focus to deliver a robust digital payments network for businesses. While sharing more details… Read More

October 21, 2018 @ 3:04 pm By Samantha Hurst  |  

ABN AMRO announced on Friday it has teamed up with Port of Rotterdam and Samsung’s logistics and IT division, Samsung SDS, to launch a new container logistics blockchain pilot. According to the Dutch bank, this pilot will seek to use blockchain technology to build a platform for… Read More

October 19, 2018 @ 9:42 pm By Samantha Hurst  |  

Bank of England (BoE) announced earlier this week the launch of its new student fintech competition. The bank revealed that as a central bank of the UK it is now working to promote “the good of the people of the UK” by maintaining monetary and financial… Read More

October 19, 2018 @ 9:23 pm By Samantha Hurst  |  

Covesting, a cryptocurrency exchange and trading platform, announced on Friday it received its Distributed Ledger Technology License (DLT) from regulatory authorities in Gibraltar.   Covesting reported that the DLT License puts its exchange in a unique and strategically advantageous position within the cryptocurrency markets, as it will make the… Read More

October 19, 2018 @ 3:00 pm By Samantha Hurst  |  

India’s cryptocurrency exchange Zebpay announced on Friday it officially commenced operations from Malta. The crypto exchange reported it received a welcome from Malta’s Junior Minister for Financial Services, Digital Economy and Innovation within the Office of the Prime Minister Silvio Schembri who expressed his satisfaction over… Read More

October 19, 2018 @ 1:00 pm By Samantha Hurst  |  

American Express (NYSE: AXP) announced on Thursday it has expanded its strategic partnership with PayPal (NASDAQ: PYPL). According to the duo, this partnership that will improve the digital payments experience for U.S. American Express Card Members paying with PayPal and Venmo. Through the partnership, the companies… Read More

October 19, 2018 @ 10:46 am By Samantha Hurst  |  

FundGuard, a U.S.-based cloud-based investment funds operating system powered by AI and designed to revolutionize the investment funds technology space, announced on Friday it secured $4 million through its seed funding round, which was led by venture firms Blumberg Capital and LionBird. The company also launched its… Read More

October 19, 2018 @ 9:52 am By Samantha Hurst  |  

Accenture (NYSE: ACN) announced earlier this week it has acquired TargetST8 Consulting, a privately held financial services consulting firm specializing in corporate and commercial lending, with offices in New York. According to Accenture, TargetST8 focuses exclusively on the financial markets. By serving leading banks and investment firms in… Read More

October 19, 2018 @ 9:05 am By Samantha Hurst  |  

KoreConX  announced earlier this week that Evoke Capital will now be integrated into its KorePartners ecosystem. The KorePartner ecosystem is a group of selected companies that support the KoreConX security token protocol and adhere to KoreConX’s strict governance standards. Evoke Capital is described as an online… Read More

October 19, 2018 @ 7:57 am By Samantha Hurst  |  

Tez Financial Services, a Pakistan-based fully digital Non-Bank Microfinance Company (NBMFC),  announced on Friday it secured $1.1 million in a seed round led by Omidyar Network, the impact investment firm established by eBay founder, Pierre Omidyar, with participation from Accion Venture Lab, the seed-stage investment initiative of global nonprofit Accion, and Planet N…. Read More

October 18, 2018 @ 4:49 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Thursday it has appointed former Tesla executive, Denise Leleux, as its new Senior Vice President for Supplier Services. AvidXchange reported that while at Tesla, Leleux led Global Customer Experience for the… Read More

October 18, 2018 @ 4:19 pm By Samantha Hurst  |  

BBVA announced on Thursday it has formed a partnership with fintech venture investor and builder Anthemis Group (Anthemis) to build a venture creation studio in London. According to BBVA, this new studio will create value by deploying capital and resources to building businesses that address untapped user… Read More