September 27, 2018 @ 8:16 pm By Samantha Hurst  |  

Ripple announced on Thursday the launch of its new social impact program, Ripple for Good. According to Ripple, Ripple for Good will focus on projects related to education and financial inclusion. The company reported that along with the recent donations, that has totaled to more… Read More

September 27, 2018 @ 12:34 pm By Samantha Hurst  |  

Just days before its equity crowdfunding round was set to close on Crowdcube,  UK-based BrewDog announced it was expanding the campaign for an additional 18 days. The news comes after the initiative secured its initial 22 million funding target. As previously reported, BrewDog has over 30 bars… Read More

September 27, 2018 @ 11:14 am By Samantha Hurst  |  

Temenos (SIX: TEMN), the banking software company, and the collaborative Fintech platform B-Hive Europe, announced it has formed an associate partnership during Digital Finance Europe on Wednesday. According to the duo, this new collaboration has been launched at the National Bank of Belgium in Brussels. While sharing more… Read More

September 27, 2018 @ 10:34 am By Samantha Hurst  |  

Singapore-based ride-hailing company Grab has reportedly secured an e-money license for mobile wallet service in the Philippines.  This news comes just a few months after Grab announced it has teamed up with Malayan Banking Bhd (Maybank) to launch a new cashless payment method known as the GrabPay… Read More

September 27, 2018 @ 9:08 am By Samantha Hurst  |  

UK-based payments platform GoCardless announced earlier this week it was launching its GoCardless for Xero in New Zealand. According to GoCardless, the new launch means users can automate payment collections and reconciliation against invoices in New Zealand dollars between GoCardless and Xero. The company wrote… Read More

September 27, 2018 @ 8:05 am By Samantha Hurst  |  

Temenos (SIX: TEMN), a Switzerland-based banking software company,  announced on Thursday Cameroon-based financial services group Afriland First Bank has chosen Temenos T24 Core Banking platform to power its digital transformation journey. According to Temenos, the bank has opted for a complete IT renovation using Temenos… Read More

September 26, 2018 @ 4:52 pm By Samantha Hurst  |  

Payments platform Stripe announced on Wednesday it secured $245 million through its latest funding round, which was led by Tiger Global. The new funds reportedly bring the Fintech’s value up to $20 billion. Founded in 2010, Stripe describes itself as a platform that offers a… Read More

September 26, 2018 @ 1:57 pm By Samantha Hurst  |  

Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday the launch of its new virtual commercial card solution, which offers fraud detection and industry-leading features, including easy API implementation and software integration, on-demand virtual card creation and real-time alerts.  According to Galileo, the Galileo… Read More

September 26, 2018 @ 1:12 pm By Samantha Hurst  |  

Boston-based Circle announced on Wednesday the launch of its USD coin. Circle reported that it and the CENTRE open source consortium introduced a service to tokenize US dollars and use those dollars over public blockchains on the internet, which is USD//Coin, also known as USDC. Circle previously announced plans… Read More

September 26, 2018 @ 11:45 am By Samantha Hurst  |  

Fintech collaboration platform B-Hive announced on Wednesday the launch of its new cybersecurity program, Trusted Fintech. According to B-Hive, Trusted Fintech was created to help startups and scale-ups embed cyber awareness into their core values. The program also aims to increase the trust within the general public… Read More

September 26, 2018 @ 10:24 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 the launch of its next-generation portfolio trading (PT) algorithm, which is described as a highly customizable workflow and execution solution with real-time transparency and analytics, allowing… Read More

September 26, 2018 @ 9:03 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform CRYPTO.com announced on Wednesday its new advisory board.  The inaugural advisory board members are as follows: Antoine Blondeau: Founder and Managing Partner at Alpha Intelligence Capital Rob Bier: Founder and Managing Partner at Trellis Chien-Liang Chou: VP Engineering at Flexport Chris Corrado: Group Chief Operating Officer… Read More

September 25, 2018 @ 4:12 pm By Samantha Hurst  |  

U.S.-based Avant announced on Tuesday it has rebranded its fintech SaaS business Unit to be Amount. According to Avant, Amount utilizes the technology, intellectual property, and capabilities developed by Avant to provide custom technology solutions for financial institutions. Avant reported that several financial institutions, such as Regions Bank and… Read More

September 25, 2018 @ 3:45 pm By Samantha Hurst  |  

Nummo announced on Tuesday it secured $1.9 million in seed funding and officially launched its personal finance management platform. Founded in 2016, Nummo describes itself as a personal financial management platform that empowers its users to live better by helping them manage, maintain and improve your… Read More

September 25, 2018 @ 1:36 pm By Samantha Hurst  |  

Canadian direct bank Tangerine announced on Tuesday it has formed a partnership with digital banking solutions, Meniga. According to Tangerine, the new collaboration allows Tangerine to deploy Meniga’s digital banking solutions to all its clients, as part of its commitment to providing innovative solutions that help Canadians… Read More

September 25, 2018 @ 12:04 pm By Samantha Hurst  |  

Nebeus, a UK-based fintech platform that is used for the consumption and creation of financial services and products,  has launched an equity crowdfunding campaign on Crowdcube, seeking £1.1 million in funds.  Since beginning to trade in 2017, Nebeus reported it has captured a 50% quarterly year-to-date increase in sales… Read More

September 25, 2018 @ 10:28 am By Samantha Hurst  |  

Financial giant Citi (NYSE: C) announced on Tuesday the launch of its new global solution, Citi Virtual Accounts. According to Citi, the new Citi Virtual Accounts allow clients to segregate their balances under a single physical account, providing enhanced visibility, control, and efficiencies through centralized payments, receivables,… Read More

September 25, 2018 @ 9:44 am By Samantha Hurst  |  

On Tuesday, Mastercard announced it has teamed up with MTN Uganda and United Bank for Africa (UBA) to launch a new mobile money service in Uganda.  The trio reported that through the new partnership MTN MoMo customers will use a virtual card to shop or make… Read More

September 25, 2018 @ 9:00 am By Samantha Hurst  |  

Association of Online Investment Platforms Seeks to Boost Trust, Educate Investors & Help Businesses in Need of Funding The investment crowdfunding industry in the United States was launched following the signing of the JOBS Act of 2012. This bi-partisan legislation enabled online platforms to promote… Read More

September 24, 2018 @ 3:39 pm By Samantha Hurst  |  

Orca Money, a UK-based P2P investment aggregation platform, has successfully secured its initial £500,000 funding target just days after launching its equity crowdfunding campaign on Seedrs. Founded in 2015, Orca Money stated it serves two functions, which are its investment solution that enables investors to diversify capital… Read More