June 8, 2018 @ 2:00 pm By Samantha Hurst  |  

SharesPost, a provider of late-stage private company liquidity solutions and private capital markets research, announced on Friday it has appointed Vijay Chetty as its new Vice President of Business Development. SharesPost reported that before he joined its team, Chetty spent more than three years focusing… Read More

June 8, 2018 @ 10:56 am By Samantha Hurst  |  

Zero 2 Infinity, a European space transportation company, is now seeking 1 million through its equity crowdfunding campaign on Crowdcube to continue with its growth plan and vision to make space “more accessible” for all.  Founded in 2009, the company reported that it is specialized… Read More

June 8, 2018 @ 10:13 am By Samantha Hurst  |  

UK-based fintech Revolut announced earlier this week it is looking to expand its personnel by hiring 100 people in ONE single day in Kraków, Poland. The company’s upcoming “Recruitment Day” in the polish city will take place on June 9th (this Saturday). It was revealed: “So… Read More

June 8, 2018 @ 9:25 am By Samantha Hurst  |  

HyperQuant, a fintech software platform, announced on Friday it has signed a partnership agreement with international cryptocurrency exchange, KuCoin. According to HyperQuant, the partnership agreement covers numerous spheres of collaboration. The platform claims that its team experts were chosen to support KuCoin with the development of the new… Read More

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

Celo, an app-based insurance provider, has successfully secured its initial £100,000 funding target through its equity crowdfunding campaign on Crowdcube. The company has so far attracted more than 300 investors to the funding portal. As previously reported, insurtech company reported that it is planning to offer… Read More

June 7, 2018 @ 10:59 pm By Samantha Hurst  |  

On Thursday, insurtech startup CoverWallet announced that global insurance company Zurich Insurance Group (VTX: ZURN) has acquired a minority stake in the company. According to CoverWallet, the investment builds on a commercial partnership between CoverWallet and Zurich in Europe that was announced in February. CoverWallet also… Read More

June 7, 2018 @ 10:39 pm By Samantha Hurst  |  

On Thursday, point-of-sale financing and payment tech provider Flexiti announced it has acquired TD Financing Services’ (TDFS) Canadian private label credit card portfolio, which is valued at approximately $250 million. According to Flexiti, the acquisition includes an equity investment of over $50 million led by… Read More

June 7, 2018 @ 2:00 pm By Samantha Hurst  |  

Canadian fintech Katipult announced earlier this week it intends to complete a non-brokered private placement of unsecured convertible debentures in the principal amount of up to C$3 million. According to Katipult, interest on the Debentures will accrue at a rate of 8.5%, subject to adjustments, compounded quarterly… Read More

June 7, 2018 @ 1:00 pm By Samantha Hurst  |  

Globacap announced on Wednesday it raised $800,000 through seed funding round, which was led by Stoic Capital and ContactPartners, to continue work on its regulated blockchain securities platform. According to Globacap, other backers included Christian Schulte, co-founder of Steinbeis Mittelstandsfinanzierung and Stephen Russell, a veteran of… Read More

June 7, 2018 @ 12:00 pm By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced earlier this week it has formed a partnership with IBM to build a private “Swiss Banking Cloud” and to transform its IT service delivery model leveraging IBM’s Infrastructure as a Service… Read More

June 7, 2018 @ 9:45 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Thursday it has formed a new partnership with HomeTrust Bank to bring Account payable automation and payment solutions payment solutions to treasury customers. According to the duo, through… Read More

June 7, 2018 @ 9:07 am By Samantha Hurst  |  

Cross-border payment platform Currencycloud announced on Thursday it has launched remittance service in South Korea. This news comes nearly one year after forming a partnership with South Korean credit card company, Hyundai Card. According to the company, this news builds on its momentum in Asia-Pacific, with… Read More

June 7, 2018 @ 8:30 am By Samantha Hurst  |  

On Thursday, global fintech Broadridge Financial announced it has further expanded its global market intelligence business with its recent acquisition of MackayWilliam, a European fund market, and research firm. According to Broadridge, the acquisition will combine its fund data and analytics solution with MackayWilliam’s European… Read More

June 7, 2018 @ 7:37 am By Samantha Hurst  |  

Laka, a UK-based insurtech startup, announced on Thursday it has kicked off its global expansion by securing £1.1 million through its seed funding round, which was led by financial holding company Tune Protect Group Berhad with participation from 500 Startups.  The company, which was founded… Read More

June 6, 2018 @ 3:41 pm By Samantha Hurst  |  

Cobinhood, a cryptocurrency service platform and zero-fee exchange endorsed by Richard Sherman, announced on Wednesday it has launched its new decentralized blockchain platform, Dexon. The platform reported that the project is backed by IDG Capital. Cobinhood claims that  Dexon is the fastest blockchain available on the market… Read More

June 6, 2018 @ 3:11 pm By Samantha Hurst  |  

Digital financial technology platform Wirecard announced on Tuesday it has extended its partnership agreement with credit card giant Visa for new solutions in digital financial technology. It was reported that in partnership with Visa, Wirecard will be able to further support fintechs and start-ups to… Read More

June 6, 2018 @ 2:47 pm By Samantha Hurst  |  

Boston-based cryptocurrency platform Circle is now making plans to apply for a banking license in the U.S. As previously reported, Circle, which is backed by Goldman Sachs, was founded in 2013 and offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay,… Read More

June 6, 2018 @ 1:19 pm By Samantha Hurst  |  

Pointvoucher, a mobile gaming plug and play market platform, has successfully secured its initial £500,000 funding target on Seedrs thanks to more than 100 investors. As previously reported, Pointvoucher was founded in 2015 and reportedly facilitates the connection between consumers and brands by giving them a reason… Read More

June 6, 2018 @ 12:26 pm By Samantha Hurst  |  

MoloFinance, a UK-based fintech that is aiming to revolutionize mortgages, announced on Wednesday it secured £3.7 million through its latest seed funding round, which was led by Ubon Partners. Founded in 2017, the company reported it is developing what it thinks is the first true fully… Read More

June 6, 2018 @ 10:35 am By Samantha Hurst  |  

Envestnet | Yodlee (NYSE: ENV), a data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, announced on Tuesday enhancements to its Artificial Intelligence (AI) powered Financial Wellness Solution at CFSI’s Emerge Financial Health Forum. The company unveiled its new Financial Wellness Assitant for… Read More