July 27, 2018 @ 3:00 pm By Samantha Hurst  |  

Online real estate agency eMoov closed its latest equity crowdfunding campaign on Crowdcube earlier this week after securing a grand total of £1,914,790 from 1111 investors. The campaign, which was originally supposed to close at the beginning of August, made its debut at the end of… Read More

July 27, 2018 @ 12:00 pm By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital recently announced the opening of the office for its Scotland team. According to the lender, the Scotland team has moved into new office premises based in the heart of Edinburgh. While sharing details about the new location, John Hewitt, who heads… Read More

July 27, 2018 @ 9:47 am By Samantha Hurst  |  

On Thursday, equity crowdfunding platform Crowdcube released its 2018 second quarter update. Crowdcube revealed that 2018 has been a breakthrough year for its funding portal so far and that it has invested heavily in transforming its technology and processes last year, which has enabled it to… Read More

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

Groundspeed Analytics (Groundspeed), a leading insurance technology company specializing in artificial intelligence (AI) and data science solutions, announced on Thursday it secured $30 million through its Series B funding round, which was led by Oak HC/FT, a premier venture growth-equity fund investing in Healthcare Information & Services… Read More

July 27, 2018 @ 9:12 am By Samantha Hurst  |  

Less than two months after Apple’s App Store banned on-device cryptocurrency mining on both iOS and macOS, competitor Google has followed suit and banned cryptocurrency mining on Google Pay. According to the Verge, Apple has established the following rules for its iOS, macOS, watchOS, and… Read More

July 27, 2018 @ 8:13 am By Samantha Hurst  |  

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Friday it has launched B2B2X platforms Finreach Solutions and Infinitec Solutions for contextual finance. According to FinLeap, the new platform systems enable FinLeap’s cooperation partners to combine bundled solutions and all-in-one solutions with fintech companies, financial products,… Read More

July 26, 2018 @ 5:42 pm By Samantha Hurst  |  

Flywire, a U.S.-based fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced on Thursday it secured $100 million through its Series D funding round, which was led by Temasek, an investment company headquartered in Singapore, and with participation from… Read More

July 26, 2018 @ 5:24 pm By Samantha Hurst  |  

Just weeks after launch its latest equity crowdfunding campaign on Crowdcube, UK-based premiere alcohol tea blend company Noveltea has successfully secured its initial 150,000 is now nearing 230,000 thanks to more than 235 investors. As previously reported,  NovelTea was launched in April 2017 by co-founders Vincent Efferoth and Lukas… Read More

July 26, 2018 @ 3:00 pm By Samantha Hurst  |  

UK-based challenger bank Tandem announced on Thursday the launch of its new app feature that tells users when their payments have gone up. According to Tandem, the feature uses AI to track spending and lets app users know if the amount they’re being charged has increased. Tandem… Read More

July 26, 2018 @ 12:00 pm By Samantha Hurst  |  

LevelUp, a Boston-based mobile app fintech firm announced this week it has been acquired by GrubHub. According to the startup, although this new deal is still subject to regulatory approvals, Seth Priebatsch, Chief “Ninja” at LevelUp, wanted to share more details about the acquisition. According to Priebatsch,… Read More

July 26, 2018 @ 10:18 am By Samantha Hurst  |  

FIA, a global trade organization, announced on Thursday it has collaborated with Rise New York, created by Barclays, has joined the FIA Innovators Pavilion as a community partner. According to FIA, Rise New York will help promote the Innovators Pavilion, FIA’s annual fintech showcase. The Innovators Pavilion is… Read More

July 26, 2018 @ 9:55 am By Samantha Hurst  |  

Online small business lender Lendio announced this week the release of its 2018 quarter 2 results, which recorded growth across all areas of its business, including 90 percent year-over-year quarterly revenue growth. The lending platform reported it has helped facilitate more than $900 million in financing to… Read More

July 26, 2018 @ 9:22 am By Samantha Hurst  |  

OpenInvest, an impact investing platform empowering individuals to drive social change with their dollars, announced on Thursday it secured $10.4 million through its Series A funding round, which was led by QED Investors, with additional participation from Andreessen Horowitz (who led OpenInvest’s previous venture round in… Read More

July 26, 2018 @ 8:40 am By Samantha Hurst  |  

Five Degrees, a Netherlands-based fintech, announced on Thursday it has acquired Libra, a provider of core banking IT systems in the financial sector in Iceland. Five Degrees reported that the acquisition boosts its international growth ambitions, enabling the company to offer its full-service proposition of… Read More

July 25, 2018 @ 3:55 pm By Samantha Hurst  |  

Dash, a crypto for payments and e-commerce, revealed on Tuesday it is more widely used for commerce, both online and in person, throughout the country of Venezuela than every other cryptocurrency combined. According to Dash, more than 500 merchants in the country now accept Dash for… Read More

July 25, 2018 @ 3:30 pm By Samantha Hurst  |  

Blockchain software firm BitGo announced on Wednesday it has added Zcash to its multi-currency platform. This news comes just after BitGo added 57 ERC 20 tokens, which are expected to grow to more than 100 by the end of this year. As previously reported, BitGo provides digital wallets,… Read More

July 25, 2018 @ 2:33 pm By Samantha Hurst  |  

Binance Blockchain Charity Foundation, a blockchain technology empowered charitable foundation, announced on Wednesday it has established in Malta and has signed a Memorandum of Understanding (MoU) with The President’s Trust. Binance Blockchain Charity Foundation is described as a blockchain enabled charity foundation established and mainly funded… Read More

July 25, 2018 @ 1:40 pm By Samantha Hurst  |  

Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), announced on Wednesday it has formed a partnership with Ayeyarwaddy Farmers Development Bank, widely known as A Bank, a commercial bank in Myanmar,  to adopt the Finacle solution suite to power the bank’s digital transformation…. Read More

July 25, 2018 @ 12:23 pm By Samantha Hurst  |  

MoneyGram (NASDAQ: MGI) recently announced it is extending its digital money transfer services in five new countries. According to MoneyGram, customers in Australia, the Netherlands, Belgium, Portugal, and Austria may now send money 24/7 directly to more than two billion bank accounts and mobile wallets or to any MoneyGram location in over 200 countries… Read More

July 25, 2018 @ 10:35 am By Samantha Hurst  |  

Alipay, a Chinese digital payment platform operated by Ant Financial Services Group, and San Francisco’s tourist destination PIER 39, announced on Wednesday they have formed a partnership to create a seamless payment experience for Chinese travelers. The duo reported that through the partnership, more than 40… Read More