June 21, 2018 @ 8:50 pm By Samantha Hurst  |  

Consulting firm Quesnay announced earlier this week it has kicked off its second Female Founders in Tech Competition, which is designed specifically for all women-led technology startups with a tested product. Quesnay reported that the competition will include insurtech startups this year. Jennifer Byrne, Co-Founder and… Read More

June 21, 2018 @ 8:38 pm By Samantha Hurst  |  

LendUp, a socially responsible online lender on a mission to redefine financial services for the emerging middle class, announced on Thursday it has appointed Capital One co-founder Nigel Morris joined as board chair, and Frank Rotman, an early Capital One employee and its longtime Chief Credit Officer, joined… Read More

June 21, 2018 @ 2:00 pm By Samantha Hurst  |  

The Astana Financial Services Authority (AFSA) announced earlier this week that it signed statement of cooperation with the Adu Dhabi Global Market to enhance their bilateral relationship. According to the AFSA, the objective of the Statement of Cooperation is to enhance mutual understanding of the legislative,… Read More

June 21, 2018 @ 12:00 pm By Samantha Hurst  |  

Pointvoucher, a mobile gaming plug and play market platform, announced on Thursday it has formed a partnership with M&C Saatchi, a global communications company to provide mobile gaming and voucher solutions to global brands and destinations. This news comes just after the platform’s equity crowdfunding… Read More

June 21, 2018 @ 10:14 am By Samantha Hurst  |  

LATTICE80 announced on Wednesday it is launching an Initial Coin Offering (ICO) platform for startups within the KAYA Network. The company reported it built KAYA Network as a global network of more than 11,000 fintech and blockchain startups in over 100 cities. According to LATTICE80, the… Read More

June 21, 2018 @ 10:01 am By Samantha Hurst  |  

Akoni, a UK-based digital cash treasury manager, announced that it and Coriolis Technologies have been selected for the second phase of the Open Challenge, run by Nesta’s Challenge Prize Centre. According to Akoni, the Open Up Challenge will use this unique opportunity to shape a future for small… Read More

June 21, 2018 @ 9:30 am By Samantha Hurst  |  

On Wednesday, global crowdfunding platform GoFundMe announced its GoFundMe Team Fundraising, which is described as a new product providing groups of any size with the ability to collaborate and fundraise together for a personal or charitable cause. According to GoFundme, this new product brings the funding… Read More

June 21, 2018 @ 9:20 am By Samantha Hurst  |  

HashCash Consultants, the company behind cryptocurrency exchange PayBito, announced on Thursday the platform has served one million global users. According to HashCash, the trading portal uses bank-level security features to protect users from hacks and also conducts KYC along with AML checks before users can… Read More

June 20, 2018 @ 3:35 pm By Samantha Hurst  |  

Dash, the top digital currency for payments, announced on Wednesday it is teaming up with global payments provider AloGateway to facilitate B2B payments globally. According to Dash, through the new partnership, merchants around the world can now send, receive, and hold Dash and other major cryptocurrencies,… Read More

June 20, 2018 @ 3:23 pm By Samantha Hurst  |  

On Wednesday, KeyBank announced it has acquired digital lending platform for small businesses Bolstr. According to Key, the fintech software, which is expected to be implemented later this year, will enable the banking group to provide faster and easier access both to SBA loans and to… Read More

June 20, 2018 @ 2:16 pm By Samantha Hurst  |  

Nets, a Denmark-based payments platform, announced on tuesday it has expanded into Poland thanks to the acquisition of payments service providers Dotpay/eCard. According to Nets, Andrzej Budzik will continue as CEO of Dotpay/eCard and will report directly to Asger Hattel, Head of Merchant Services in Nets,… Read More

June 20, 2018 @ 12:54 pm By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Wednesday it has launched installment financing on its e-commerce platforms. This news comes just a couple of weeks after PINTEC secured $103 million through its latest financing round, which as led by Mandra Capital and SINA Corp…. Read More

June 20, 2018 @ 12:37 pm By Samantha Hurst  |  

Online payments giant PayPal announced on Tuesday it has acquired global payout platform Hyperwallet for $400 million. The latest acquisition reportedly enhances PayPal’s capabilities, which will improve the company’s ability to provide an integrated suite of payment solutions to e-commerce platforms and marketplaces around the… Read More

June 20, 2018 @ 11:30 am By Samantha Hurst  |  

SharesPost, a provider of late-stage private company liquidity solutions and private capital markets research, announced on Wednesday it secured $15 million during its Series C funding round, which was led by LUN Partners and Kenetic Capital. Funds from the Series C funding round will go towards… Read More

June 20, 2018 @ 11:11 am By Samantha Hurst  |  

Interac Corp. announced earlier this week the launch of its new Interac Lab, which is described as an innovation outpost and accelerator at the Kitchener-based tech hub, Communitech. According to Interac, the Interac Lab will support research and development, offering a space for hands-on experimentation…. Read More

June 20, 2018 @ 9:20 am By Samantha Hurst  |  

Fintech Oval Money, a Robo-advisor founded by Benedetta Arese Lucini former CEO of Uber Italy, announced on Tuesday it kicked off its Series A round with a significant investment led by Italian banking group Intesa SanPaolo Group. The bank will reportedly take a minority stake in Oval… Read More

June 20, 2018 @ 8:50 am By Samantha Hurst  |  

Hexindai (NASDAQ:HX), a China-based peer to peer lender, announced on Tuesday it was officially accepted as a member of the Nandu Finance Digital Union on June 11th. The lending platform reported that the Union, which was launched in April 2018 by the Nanfang Metropolis Daily and the Nandu Finance… Read More

June 19, 2018 @ 3:53 pm By Samantha Hurst  |  

Deutsche Bank announced on Tuesday it has teamed up with Allianz and Auto1 to launch a new fintech called “Auto1 FinTech,” which will offer financing and insurance products to automobile dealerships buying and selling used vehicles via Auto1. The three partners closed the deal last Friday…. Read More

June 19, 2018 @ 3:21 pm By Samantha Hurst  |  

TheGuarantors, a U.S. insurtech platform for rentals, announced last week the launch of its Security Deposit Replacement (SDR)offering, which offers tenants a flexible, cost-saving alternative to meeting security deposit requirements while also reducing landlord administrative burdens and financial risks. According to TheGuarantors, SDR replaces the… Read More

June 19, 2018 @ 3:05 pm By Samantha Hurst  |  

On Tuesday, B2B commerce platform Handshake announced it has formed a partnership with Square to deliver streamlined B2B ordering and payments. Handshake reported that the integration provides a seamless workflow between Handshake and Square, and is now available on the Square App Marketplace. While sharing more… Read More