July 9, 2018 @ 3:50 pm By Samantha Hurst  |  

Plum, an artificial intelligence (AI) chatbot for personal finance, has successfully secured its initial 850,000 funding target through its second equity crowdfunding campaign on Seedrs. This round of funding comes less than a year after Plum raised nearly £925,000 on the funding portal.  As previously reported, Plum was launched… Read More

July 9, 2018 @ 3:20 pm By Samantha Hurst  |  

On Monday, U.S. fintech startup Strands announced it is teaming up with Mastercard to provide issuing banks with an integrated platform of digital cash management and commercial payment tools that is specifically designed to benefit small-to-medium enterprises (SMEs). According to Strands, the Strands Business Financial… Read More

July 9, 2018 @ 2:38 pm By Samantha Hurst  |  

Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) announced on Monday it is taking an equity allocation in Black Insurance, a digital insurance blockchain startup. According to Fineqia, Black intends to become a licensed insurer and enable the underwriting of new insurance policies through insurance syndicates… Read More

July 9, 2018 @ 1:42 pm By Samantha Hurst  |  

Australia-based marketplace lender SocietyOne recently announced that Jason Yetton has stepped down as CEO/Managing Director and will be leaving the company in July to pursue other opportunities. The lending platform reported that Board has appointed Mark Jones, Chief Financial Officer and Commercial Director, as the Interim CEO… Read More

July 9, 2018 @ 1:20 pm By Samantha Hurst  |  

Paysme, a UK-based fintech startup, is now seeking 200,000 through its equity crowdfunding campaign on Crowdcube. Launched in May 2018, the company stated it aims to deliver increase mobile engagement by championing small business owners in their local communities as they help shape the future of… Read More

July 9, 2018 @ 12:10 pm By Samantha Hurst  |  

Finnish fintech Mash has reportedly joined Luxembourg House of Financial Technology Hub (LHoFT)  as the hubs first innovation partner. The duo reported that this new partnership will allow Mash to complement its innovation and growth strategy as it seeks to “build its business across Europe.” Mash claims… Read More

July 9, 2018 @ 10:43 am By Samantha Hurst  |  

Fintech unicorn, TransferWise, launched its money transfer services in Hong Kong last week. This news comes just a few weeks after the company launched the services in Argentina. As previously reported, TransferWise converts that money at a better rate and pays the transfer out using local pools… Read More

July 9, 2018 @ 10:21 am By Samantha Hurst  |  

IBM (NYSE: IBM) announced last week it has teamed up with Italian bank, Banca Carige, to launch launched Dock, a $500 million U.S. joint venture, to bring innovative technologies including AI, big data, analytics and cognitive tools to improve the competitiveness of Carige’s more than 500 branches and… Read More

July 9, 2018 @ 9:28 am By Samantha Hurst  |  

Moneybox, a UK-based savings and investment app, successfully secured £14 million through its Series B funding round, which was led by Fidelity International’s proprietary investment arm, Eight Roads, with participation from existing investors Oxford Capital Partners and Samos Investments. Founded in 2015, Moneybox states its… Read More

July 9, 2018 @ 8:42 am By Samantha Hurst  |  

On Monday, Canadian fintech startup Citrusxchange Inc. announced it has launched its blockchain based supply chain and invoice financing platform, Kwikxchange.  The company reported its platform caters to small and medium enterprises seeking supply chain financing and invoice financing. The platform was also developed under… Read More

July 8, 2018 @ 2:38 pm By Samantha Hurst  |  

Just a couple weeks after launching its latest equity crowdfunding campaign on Seedrs, health food brand Aduna has successfully secured its initial £300,000 funding target and is now nearing  £340,000 thanks to more than 275 investors. The funding round was launched a few months after Aduna raised £471,630… Read More

July 7, 2018 @ 7:11 pm By Samantha Hurst  |  

Following the announcement it was extending its equity crowdfunding campaign on Crowdcube, Qured, an on-demand health technology platform which provides affordable at-home healthcare at patients’ convenience, has successfully secured its initial £500,000 funding target from more than 225 investors. As previously reported, Qured aiming to democratize private care,… Read More

July 6, 2018 @ 9:24 pm By Samantha Hurst  |  

Dabbl, a UK-based mobile app that allows users to invest in brands and companies they love, successfully secured its initial £350,000 funding target and is now nearing £515,000 on equity crowdfunding platform, Seedrs. The app, which describes itself as like Shazam for investing, is a design-led… Read More

July 6, 2018 @ 2:00 pm By Samantha Hurst  |  

REIN, a U.S.-based insurtech company, announced on last week it raised $7.3 million in venture funding from investors such as Liberty Mutual Strategic Ventures and Kiplin Capital; individual and family office investors, Jason Griswold (Founder, Brown Aviation Lease), Christopher Ellis (Managing Director at AvPro, Inc), Bert Roberts (former CEO of MCI), Steve… Read More

July 6, 2018 @ 12:00 pm By Samantha Hurst  |  

Flinks, a Canadian fintech that provides banks and other fintechs with a data gateway platform that enables digital onboarding, risk modeling, and insights, announced earlier this week it secured $1.75 million through its latest seed funding round. The company reported that its partners now include National… Read More

July 6, 2018 @ 10:04 am By Samantha Hurst  |  

Gamer platform Razer announced earlier this week it is launching its Razer Pay e-wallet in Malaysia, with making its global debut in Kuala Lumpur. The launch is reportedly made possible through Razer’s partnership with the Berjaya Corporation Berhad. Founded in 2005, Razer claims to be the… Read More

July 6, 2018 @ 9:43 am By Samantha Hurst  |  

Monaco, a payments and cryptocurrency platform, announced on Friday it has rebranded to CRYPTO.com and has unveiled its new MCO Visa Card portfolio along with MCO Private service. The digital currency portal reported that the updated card portfolio will now include three new offerings, which… Read More

July 6, 2018 @ 9:08 am By Samantha Hurst  |  

On Friday, Asian fintech, AsiaCollect, announced it raised $4.5 million to date after closing its recent investment round led by global technology investment firm SIG Asia Investments. Founded in 2015, AsiaCollect describes itself as a pioneer in providing integrated Credit Management Services (CMS) in Southeast Asia. The… Read More

July 6, 2018 @ 8:24 am By Samantha Hurst  |  

Online small business lender Lendio announced on Thursday it has helped facilitate nearly $120 million in growth capital through more than 5,0000 to small businesses in the state of California. The lending platform has reportedly funded more loans in California than in any other state… Read More

July 5, 2018 @ 8:35 pm By Samantha Hurst  |  

Payment process platform Square announced on Thursday it has withdrawn its regulatory banking licensing application. According to Reuters, the company applied with the Federal Deposit Insurance Corp (FDIC) for a special “industrial loan company (ILC)” last year. If granted, the license would have allowed non-traditional financial firms… Read More