September 8, 2018 @ 2:01 pm By Samantha Hurst  |  

Sberbank announced on Friday it has formed a partnership with international accelerator 500 Startups to launch a new program specifically for Russian IT startups. According to Sberbank, the accelerator program is designed for the following areas: E-commerce Digital medicine Lifestyle services Cloud B2B services Advertising… Read More

September 7, 2018 @ 11:38 pm By Samantha Hurst  |  

Pan African banking group Ecobank announced on Friday the winners of the 2018 Ecobank Fintech Challenge. As previously reported, the Challenge’s contestants must be one of the following categories: Remittances Digital Sales/Marketing Offline mobile to mobile payments Digital Onboarding/ Account Opening/ KYC SME Intra-Africa Trade Platform Multi-Channel… Read More

September 7, 2018 @ 10:29 pm By Samantha Hurst  |  

MacRebur, a UK-based company that uses waste plastics to create strong, longer-lasting roads, has successfully secured its initial £1.5 million funding target through its latest equity crowdfunding campaign on Seedrs. The campaign recently launched, just a little over a year and a half after MacRebur secured £1,274,140 through its… Read More

September 7, 2018 @ 12:10 pm By Samantha Hurst  |  

Huobi Group, a digital asset marketplace, announced on Friday it is planning to expand into Indonesia with its exchange, which will list 123 tokens and incorporate a two-factor authentication (2FA) to secure each digital asset. According to Huobi, the Indonesian digital currency exchange will be built on Huobi Cloud platform and will cover… Read More

September 7, 2018 @ 11:32 am By Samantha Hurst  |  

PayPal announced earlier this week it recently surpassed 250 million in the total number of active accounts on its global payments platform. The payments giant reported that this is a very important milestone for its company, and a key marker on its journey to fulfill its… Read More

September 7, 2018 @ 10:28 am By Samantha Hurst  |  

Grayscale Investments, LLC, a digital currency investing authority, announced on Thursday the launch of Zen Investment Trust, a single-asset investment vehicle solely comprised of ZEN, a privacy-focused digital currency. Grayscale reported that Zen Investment Trust is its eighth single-asset investment product and the first security solely invested… Read More

September 7, 2018 @ 9:07 am By Samantha Hurst  |  

Global blockchain fintech firm QUOINE announced on Friday the launch of its new one-stop cryptocurrency trading platform, Liquid. According to QUOINE, Liquid is described as a unified, globally-sourced trading platform that bridges the worlds of fiat and crypto. The platform allows users to match trades across multiple… Read More

September 6, 2018 @ 9:37 pm By Samantha Hurst  |  

On Thursday, Merriam Webster announced it added more than 840 new words in the dictionary. The organization reported that words from digital technology are an “important part” of the new list and among those added was fintech. According to Merriam Webster, “Fintech” was first known… Read More

September 6, 2018 @ 8:35 pm By Samantha Hurst  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Thursday the launch of its new online account opening and loan application solution, Originate. According to Fiserv, the new solution was created to provide functionality and easy of use for both banks and… Read More

September 6, 2018 @ 3:00 pm By Samantha Hurst  |  

Finitive LLC, a fintech platform that provides institutional investors with direct access to alternative lending investments, announced on Thursday the closing of a $50 million senior secured warehouse credit facility for new residential real estate platform Bungalow. The fintech claimed that the transaction was the first… Read More

September 6, 2018 @ 1:00 pm By Samantha Hurst  |  

Canada-based point-of-sale financing and payment tech provider Flexiti announced on Thursday it has received an $80 million mezzanine debt facility from Credit Suisse Asset Management. This news comes just a few months after Flexiti acquired TD Financing Services’ (TDFS), a Canadian private label credit card portfolio. … Read More

September 6, 2018 @ 10:58 am By Samantha Hurst  |  

UK-based blockchain firm Stratis announced last week it has formed a partnership with online pharmacy, UK Meds, to help implement blockchain technology across its UK operations. Founded in 2017, Stratis claims it offers end-to-end solutions for development, testing and deployment of native C# blockchain applications… Read More

September 6, 2018 @ 10:19 am By Samantha Hurst  |  

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, announced earlier this week it has partnered with Coinify, a global technology gateway for virtual currencies, to extend its services of buying and selling cryptocurrencies to the European market. Founded in 2014 by Bill Barhyd, Abra stated it… Read More

September 6, 2018 @ 9:00 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform Welendus announced on Thursday the launch of an industry-first; it’s HMRC-approved Innovative Finance ISA (IFISA), which is set to allow investors to invest their annual ISA allowance in a flexible high return investment product, with no income tax on the interest… Read More

September 5, 2018 @ 4:33 pm By Samantha Hurst  |  

TruRating, a UK-based consumer insight firm that uses point of sale to collect mass, accurate feedback, is quickly nearing its £1.8 million equity crowdfunding target on Seedrs. The campaign, which was launched last month, has raised more than £1.7 million from nearly 200 investors. Founded in 2014, the… Read More

September 5, 2018 @ 3:54 pm By Samantha Hurst  |  

CAN Capital, an online lender in the SME lending space, announced on Wednesday it has agreed to a financing transaction of up to $287 million to enhance its capital capacity with Varadero Capital, L.P., a New York-based alternative asset manager. This news comes just a couple… Read More

September 5, 2018 @ 3:03 pm By Samantha Hurst  |  

Peer to peer property lender CrowdProperty announced on Wednesday it not only funded the 47th project, it also surpassed £20 million in funding for the property projects on its platform. The online lender revealed has a 100% track record in repaying lenders’ capital and interest. Across 23 projects,… Read More

September 5, 2018 @ 1:53 pm By Samantha Hurst  |  

HSBC Commercial Banking announced on Wednesday the launch of its Women on the Rise in FinTech initiative, which is described as a program aimed to celebrate and encourage gender diversity by honoring the industry’s preeminent women. The initiative will also provide resources and guidance to help… Read More

September 5, 2018 @ 12:10 pm By Samantha Hurst  |  

Cryptofacil, a new fintech digital asset trading platform, announced on Wednesday it has partnered with U.S. blockchain trading platform, Bittrex, to launch a new trading platform with more than 200 digital tokens. According to the duo, this platform will reach customers in Latin America and the Caribbean. The partnership also… Read More

September 5, 2018 @ 10:19 am By Samantha Hurst  |  

Financial marketing firm CrowdfundX announced on Wednesday the launch of its new security token offering (STO) advisory services that were specifically created to support qualified issuers raising capital. The company reported that it has spent the past nine months marketing STOs by providing strategic introductions… Read More