August 10, 2018 @ 9:41 am By Samantha Hurst  |  

Digital banking solutions provider, Q2 Holdings, Inc. (NYSE: QTWO) has entered in an agreement to acquire California-based Cloud Lending, Inc., a privately-held SaaS company that provides an integrated end-to-end lending and leasing platform. According to Q2, the transaction has been approved by the boards of directors of both… Read More

August 10, 2018 @ 8:59 am By Samantha Hurst  |  

InstaReM, a Southeast Asia’s digital cross-border money transfer service provider, announced on Friday it has appointed Nilesh Pathak as its new Chief Technology Officer. Pathak will reportedly lead the company’s technology team, divided between India and Lithuania, driving the firm’s technology strategy, architecture, development as… Read More

August 10, 2018 @ 8:51 am By Samantha Hurst  |  

Hexindai (NASDAQ:HX), a China-based peer to peer lender, announced on Friday it has further strengthened its risk control system to better protect investors throughout the entire process of borrower acquisition, risk-based pricing, post-loan management, and default risk coverage through its new comprehensive, stable and efficient asset… Read More

August 9, 2018 @ 10:39 pm By Samantha Hurst  |  

Coinaphoto, a Dublin /Dubai-based photography marketplace, has launched an equity crowdfunding campaign on Crowdcube, seeking £500,000 in funding for growth and expansion of its platform. Founded in 2015, Coinaphoto explained it has built a global community of over 200,000 contributors and features 55 million images. The rewards-based… Read More

August 9, 2018 @ 10:19 pm By Samantha Hurst  |  

Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday it has formed a partnership with Sutton Bank. According to Galileo, Sutton Bank has chosen the processing platform to help expand its prepaid offerings. Galileo reported that this partnership, Sutton Bank will expand its offering of open-loop… Read More

August 9, 2018 @ 10:04 pm By Samantha Hurst  |  

EXMO, a UK-based cryptocurrency exchange operating in multiple fiat and cryptocurrency pairs, announced on Thursday it has expanded its list of accessible trading instruments for active traders and announces the addition of the Cardano (ADA) cryptocurrency to its listing. According to EXMO, users of the platform… Read More

August 9, 2018 @ 12:00 pm By Samantha Hurst  |  

Russian banking firm Sberbank announced on Thursday it is set to invest RUB 27 million in six start-ups, created by employees through its in-house accelerator program, Sber#Up. According to Sberbank, Sber#Up in-house accelerator is a program that offers all the banking group’s employees support to create their… Read More

August 9, 2018 @ 9:54 am By Samantha Hurst  |  

Online lending platform OnDeck (NYSE: ONDK) announced on Wednesday it closed a $175 million asset-backed revolving credit facility that consisted of funds provided by Liberty Mutual Insurance Company and certain of its affiliates, as well as funds managed by affiliates of Ares Management L.P. (NYSE: ARES). According to OnDeck,… Read More

August 9, 2018 @ 9:27 am By Samantha Hurst  |  

Daisy Green Collection, an Antipodean group that has nine central London locations that serve artisan coffee, Aussie brunch, craft beers, and cocktails, closed its equity crowdfunding round on Crowdcube yesterday with more than £2 million secured. The campaign was launched last month and quickly raised… Read More

August 9, 2018 @ 8:56 am By Samantha Hurst  |  

India-based mobile wallet service provider Paytm announced on Wednesday it has acquired management startup Balance.Tech. Founded in 2010, Paytm claims to be India’s largest mobile payment and commerce platform. It offers a full marketplace for consumers through its mobile apps. The company’s investors include investors include… Read More

August 9, 2018 @ 8:01 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has partnered with German direct bank comdirect to facilitate contactless payment through wearables. According to Wirecard,  in partnership with Visa payment technology, the duo is offering contactless payment through wearable devices during the 2018… Read More

August 8, 2018 @ 3:47 pm By Samantha Hurst  |  

Following the recent changes on its marketplace lending platform, UK-based LendInvest announced the launch of an exclusive five-year fix product through the lender’s Buy to Let Club. The lender reported that the product is Designed for landlords who wish to utilize a higher fee, lower… Read More

August 8, 2018 @ 3:18 pm By Samantha Hurst  |  

Cross-border commerce Flow announced on Wednesday the expansion of its international payment options to support cryptocurrency payment processing through BitPay, a blockchain payments technology platform. This news follows BitPay’s recent announcement that it received its Virtual Currency License from the New York Department of Financial Services. According… Read More

August 8, 2018 @ 1:52 pm By Samantha Hurst  |  

Finicity, a provider of real-time financial data aggregation and insights, announced on Wednesday it has signed a data sharing agreement with Capital One. According to Finicity, the agreement will enable Capital One customers to securely share financial data with the third-party apps and services that… Read More

August 8, 2018 @ 12:00 pm By Samantha Hurst  |  

Embroker, a modern business insurance platform designed to improve how companies of all sizes buy and manage insurance coverage, announced on Wednesday the launch of its fully digital directors and officers (D&O) insurance policy, specifically designed for venture capital (VC) backed tech startups. Embroker reported that the… Read More

August 8, 2018 @ 11:04 am By Samantha Hurst  |  

Popular watch brand, Fossil, announced earlier this week the launch of its fourth generation of smartwatches under its Fossil Q line. The new line offers some unique features, including untethered GPS, heart-rate tracking, and NFC feature, which is compatible with payment service, Google Pay. While sharing… Read More

August 8, 2018 @ 9:49 am By Samantha Hurst  |  

Pan African banking group Ecobank announced on Wednesday the finalists for of the Ecobank Fintech Challenge 2018, a competition for Africa-focused technology start-ups. The bank confirmed the list includes 11 fintech start-ups from across the continent and beyond. As previously reported, the Challenge’s contestants must be one… Read More

August 8, 2018 @ 8:21 am By Samantha Hurst  |  

Less than six months after securing £679,085 through its equity crowdfunding campaign on Seedrs, London-based peer-to-peer lender and invoice finance provider Investly announced it has opened its platform to help partners such as banks, working capital providers, e-invoicing platforms and retail/wholesale marketplaces serve their business customers the financing they need. As… Read More

August 7, 2018 @ 3:54 pm By Samantha Hurst  |  

UK-based marketplace platform for mortgages LendInvest recently announced it has removed its debenture and floating charge to its Buy-to-Let (BTL) loan product. The online lender reported that it will no longer require a debenture or floating charge on limited company applications. According to LendInvest, as part of its… Read More

August 7, 2018 @ 3:07 pm By Samantha Hurst  |  

Even Financial, the platform powering financial services online, announced on Tuesday it secured $25 million through its Series A funding round, which was led by GreatPoint Ventures with participation from Goldman Sachs, Canaan Partners, F-Prime Capital, Lerer Hippeau and notable investors, including NerdWallet co-founder Jacob Gibson and Jason Owen,… Read More