June 6, 2018 @ 9:22 am By Samantha Hurst  |  

On Wednesday, fintech vendor management platform Alpha Fintech announced it has formed a partnership with European payments firm Trustly. Alpha Fintech reported that this partnership will see Trustly’s payment solutions available to banks, MSPs and merchant users on the AlphaHub platform. The duo explained the partnership’s… Read More

June 5, 2018 @ 3:58 pm By Samantha Hurst  |  

On Tuesday, API platform Marqeta announced it raised $45 million through its latest investment round, which was led by ICONIQ Capital with participation from Goldman Sachs. The funds brought Marqeta’s total funding to $116 million. Founded in 2010, Marqeta states it is on a mission… Read More

June 5, 2018 @ 3:22 pm By Samantha Hurst  |  

On Tuesday, Distributed Credit Chain (DCC) and Plug and Play China announced that DCC has joined the Plug and Play China’s “ecosystem” to drive the growth and development of the global fintech and blockchain industry. According to the duo, Plug and Play China has helped over… Read More

June 5, 2018 @ 1:39 pm By Samantha Hurst  |  

Obligo, a fintech startup that’s focused on the real estate market, announced on Tuesday it has raised $5 million through its latest financing round to launch its next-generation security deposit alternative. The funding round was led by 83 North (formerly Greylock IL) and included investments from Entrée Capital and HFZ… Read More

June 5, 2018 @ 12:14 pm By Samantha Hurst  |  

Kony, Inc., an enterprise mobility and digital applications company, announced on Tuesday the launch of its new digital banking solution, Kony DBX. This launch of the solution comes just a little over six months after the expansion of Kony’s digital banking marketplace. According to Kony, the Kony DBX… Read More

June 5, 2018 @ 11:12 am By Samantha Hurst  |  

Stashbee, the fast-growing marketplace for space and storage, today announces that it has raised nearly £1 million in funding from more than 740 investors across 32 countries through its successful equity crowdfunding campaign on Seedrs. Originally seeking £500,000, the company reportedly surpassed the funding target… Read More

June 5, 2018 @ 10:00 am By Samantha Hurst  |  

Online lender BlueVine announced on Tuesday it raised $60 million through its Series E Funding Round, which was led by Menlo Ventures, and includes new investors, such as SVB Capital. All major existing investors also participated. The funding round comes just a little over a month… Read More

June 5, 2018 @ 9:44 am By Samantha Hurst  |  

International money transfer service WorldRemit announced on Tuesday it has formed a new partnership with First Bank of Nigeria Limited (First Bank) for instant money transfers to all First Bank accounts in Nigeria. According to WorldRemit, the collaboration considerably expands WorldRemit’s footprint in the country and allows… Read More

June 5, 2018 @ 8:37 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Tuesday it has secured $103 million through a financing investment round, which was led by Mandra Capital and SINA Corp. with participation from STI Financial Group, Shunwei Capital Partners, and ZHONG Capital Holding Group. The company… Read More

June 4, 2018 @ 4:33 pm By Samantha Hurst  |  

Home Run(formerly Convibo), a UK-based delivery service that delivers groceries from supermarkets to customers’ doors in as little as one hour, is now seeking £450,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, customers may select their favorite supermarket and place a grocery… Read More

June 4, 2018 @ 4:20 pm By Samantha Hurst  |  

On Monday, CEO of UK Fintech startup Revolut, Nik Storonsky, announced the company is now making plans to apply for a banking license in the U.S.. Revolut has previously announced its intent to expand into the US, along with other companies globally, but this is… Read More

June 4, 2018 @ 1:14 pm By Samantha Hurst  |  

Sageworks, a U.S. fintech that offers lending, credit risk, and portfolio risk solutions to banks and credit unions, announced on Monday its new integration with Adobe Sign for electronic signatures. This news comes just a few weeks after Sageworks announced it was acquired by Accel-AKKR, a… Read More

June 4, 2018 @ 1:00 pm By Samantha Hurst  |  

Renew Financial, the inventor of Property Assessed Clean Energy (PACE) financing and a leading provider of financing for home improvements, announced last it has appointed Kirk Inglis, currently Renew Financial’s CFO, as its new CEO. According to Renew, Inglis has more than 20 years of experience… Read More

June 4, 2018 @ 12:45 pm By Samantha Hurst  |  

Paysafe Group, a U.S.-based global payments provider, announced on Monday that it has completed the acquisition of iPayment Holdings, Inc., which was signed earlier this spring. According to Paysafe, iPayments is a provider of payment and processing solutions for small and medium-sized businesses and generated processing… Read More

June 4, 2018 @ 11:49 am By Samantha Hurst  |  

On Monday, FinTech Sandbox announced financial market data vendor ACTIV Financial has joined its platform as a new data partner. According to FinTech Sandbox, ACTIV offers a variety of solutions making them the only truly end-to-end, independent market data utility in the industry. The company products… Read More

June 4, 2018 @ 10:54 am By Samantha Hurst  |  

Following further delays of credit reporting legislation, FinTech Australia announced on Friday it is now calling for the legation to continue to progress. The organization reported that despite a proposed July 1st implementation date, the legislation is still in the House of Representatives and there… Read More

June 4, 2018 @ 10:02 am By Samantha Hurst  |  

Fintech unicorn TransferWise has formed a new partnership with France’s second-largest bank firm, BPCE Groupe. The launch of the new collaboration comes less than two months after TransferWise debuted its new borderless and fee free, multi-country, bank accounts and debit cards. According to TechCrunch, as… Read More

June 4, 2018 @ 8:55 am By Samantha Hurst  |  

Ripple announced on Monday it is launching the University Blockchain Research Initiative (UBRI), which is described as a program comprised of collaborative partnerships with leading universities globally to support academic research, technical development and innovation in blockchain, cryptocurrency and digital payments. Through the program, Ripple… Read More

June 3, 2018 @ 1:50 pm By Samantha Hurst  |  

On Friday, BBVA announced it has completed the £85.4 million investment into Atom, which was announced in March of this year. According to the firm, With this transaction, it increases its stake in UK’s first bank built exclusively for smartphone or tablet to 39%. Atom also secured capital… Read More

June 2, 2018 @ 3:06 pm By Samantha Hurst  |  

Cranes, a UK-based premium cranberry cider brand, has successfully secured its initial £150,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round made its debut less than two years after Cranes raised more than £190,000 in funding through its first campaign on… Read More