July 31, 2018 @ 3:40 pm By Samantha Hurst  |  

Commercial property investment marketplace CrowdStreet announced on Tuesday it secured $8 million through its Series B funding round to fuel its next stage of growth. The latest funding round was led by Grotech Ventures, with the continue participation from existing investors Rally Ventures, Seven Peaks… Read More

July 31, 2018 @ 2:49 pm By Samantha Hurst  |  

INSIKT (pronounced “in-seekt”), a Lending as a Service (LaaS) company, announced on Tuesday it has completed a $25 million social and securitization. The company has completed 15 private market securitization issuances for a total of $247 million. As previously reported, INSIKT was founded in 2012 by Progreso Financiero… Read More

July 31, 2018 @ 1:52 pm By Samantha Hurst  |  

Cryptocurrency exchange Binance announced on Tuesday it has acquired Ethereum and ERC20 mobile wallet and decentralized application browser Trust Wallet. Binance reported that this transaction marks its first acquisition and indicates the “importance” of secure wallet technology for the next wave of crypto adoption. Founded… Read More

July 31, 2018 @ 11:45 am By Samantha Hurst  |  

Al Hilal Bank announced on Tuesday it has formed a new partnership with the Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, aimed at promoting Islamic Finance in Abu Dhabi and across the UAE. According to Al Hilal Bank, the Memorandum of… Read More

July 31, 2018 @ 11:00 am By Samantha Hurst  |  

On Tuesday, UK-based challenger bank Monzo announced it has recently set up a small customer support team in Las Vegas. The team was created to help Monzo scale its customer service as it grows, without relying on its team in the UK to work unsociable… Read More

July 31, 2018 @ 10:02 am By Samantha Hurst  |  

On Tuesday, U.S.-based fintech Happy Money announced it has formed three strategic alliance with Alliant Credit Union, First Tech Federal Credit Union, and Technology Credit Union to further proving credit union and Fintech partnership model success. Founded in 2009, Happy Money claims to be the only… Read More

July 31, 2018 @ 9:23 am By Samantha Hurst  |  

AXIS Capital Holdings Limited (NYSE: AXS), a global provider of specialty lines insurance and treaty reinsurance, announced on Monday the launch of AXIS Digital Ventures, a new unit that will lead enterprise-wide efforts to partner with entrepreneurial companies focused on data and analytics with high… Read More

July 31, 2018 @ 8:45 am By Samantha Hurst  |  

Sberbank announced on Monday that applications for the Classic AI competition is now open. According to Sberbank, participants of the competition will develop an algorithm that will create a poem in the style of a given author, based on the received part of their text in Russian…. Read More

July 31, 2018 @ 8:00 am By Samantha Hurst  |  

Online lender BlueVine announced on Tuesday it secured $12 million from new investors, M12, Microsoft’s venture fund, and the venture arm of insurance and financial services provider, Nationwide. According to BlueVine, the additional funding announcement comes eight weeks after the lender reported it had raised $60 million… Read More

July 30, 2018 @ 2:20 pm By Samantha Hurst  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Monday it has formed a strategic partnership with  BlueVoyant, a next-generation cybersecurity company, to deliver a comprehensive managed security platform that specifically addresses the unique needs of financial institutions – from threat detection, response… Read More

July 30, 2018 @ 1:26 pm By Samantha Hurst  |  

DCEX, a U.S.-based cryptocurrency marketplace for retail and institutional investors, today announced registration is open to the first digital currency exchange to utilize XRP as its exclusive base currency. Founded in 2017, DCEX describes itself as a next-generation crypto-to-crypto marketplace, with all currencies trading against XRP… Read More

July 30, 2018 @ 11:40 am By Samantha Hurst  |  

UK-based Propifi has launched an equity crowdfunding campaign on Crowdcube to raise £250,000 for its peer-to-peer property crowdfunding platform. Founded earlier this year, Propifi stated it is bringing a new, easy to use, peer to peer commercial lending platform to market, providing much-needed bridging finance… Read More

July 30, 2018 @ 10:43 am By Samantha Hurst  |  

PayPay Corporation, a joint venture created by SoftBank Corp. and Yahoo Japan Corporation, announced on Monday it will launch “PayPay” smartphone payment services using barcodes (QR code) this upcoming fall. PayPay Corporation reported it will team up with India’s largest digital payment company Paytm, a… Read More

July 30, 2018 @ 9:13 am By Samantha Hurst  |  

TransferMate, an Ireland-based cross-border B2B payments technology solution, announced over the weekend it secured a €21 million investment from European bank ING Group N.V. As part of the investment, ING reportedly received a small minority equity stake in Transfermate. TransferMate also revealed that as part of the… Read More

July 30, 2018 @ 8:55 am By Samantha Hurst  |  

On Friday, Chase announced that Chase Pay customers with compatible flagship Samsung Galaxy smartphones now have the option to link Chase Pay to Samsung Pay. According to the banking giant, the new feature with Samsung Pay will allow customers to be able to use Samsung Pay’s… Read More

July 30, 2018 @ 8:35 am By Samantha Hurst  |  

Fintech hub LATTICE80 announced on Monday it is launching Crypto Asia Index in order to help institutions and Asian retail investors. According to the hub, the LATTICE80 Crypto Asia Index (Beta version) will be offered to registered users first and structured model portfolio will be offered through… Read More

July 29, 2018 @ 9:46 am By Samantha Hurst  |  

Slice Labs, a U.S.-based insurtech firm, announced earlier this week that it has teamed up with insurer XL Catlin to create an on-demand cyber insurance solution for small and medium-sized business. According to Slice, the solution will be built on the Slice Insurance Cloud Services… Read More

July 28, 2018 @ 2:40 pm By Samantha Hurst  |  

Homelyfe, a UK-based insurtech startup, announced this week it has formed a partnership with insurance premium company Premium Credit. According to Homelyfe, the new partnership allows Homelyfe’s customers to quickly and efficiently acquire home insurance cover with the option to pay in installments, all at… Read More

July 27, 2018 @ 6:55 pm By Samantha Hurst  |  

U.S. payment firm Stripe announced earlier this week the launch of its new feature, Stripe Issuing, which is described as an end-to-end platform for quickly creating, distributing, and managing physical and virtual cards. According to Stripe, Stripe Issuing’s infrastructure that allows users to create employee expense cards with… Read More

July 27, 2018 @ 6:29 pm By Samantha Hurst  |  

Blockchain tech startup TRON reportedly had a productive week – the company not only declared it now has more than 100 million users on its platform but also revealed it has acquired software company BitTorrent. Founded in 2017, TRON describes itself as a company dedicated to building… Read More