May 30, 2018 @ 9:40 am By Samantha Hurst  |  

SoftBank Corp. announced on Wednesday it has teamed up with CloudMinds Technology for the development of an authentication solution based on blockchain. The two companies reported that they have developed the new solution by combining CloudMinds’ blockchain-based authentication with the mobile carrier’s authentication platform. According… Read More

May 30, 2018 @ 8:13 am By Samantha Hurst  |  

Business commerce platform Tradeshift announced on Wednesday it secured $250 million through its latest Series E funding round, which was led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). The company reported that the additional participation comes from HSBC, H14, GP Bullhound, and… Read More

May 29, 2018 @ 9:14 pm By Samantha Hurst  |  

Acko, an India-based insurtech firm, announced this week that it raised $12 million through its latest investment round, which was led by online retailing giant, Amazon. Founded in 2017 by Varun Dua, Acko describes itself as a digital insurance company that is looking to redefine insurance… Read More

May 29, 2018 @ 3:49 pm By Samantha Hurst  |  

Flock, a London-based insurtech, announced on Tuesday it raised £2.25 million through its Seed funding round from a range of global investors. Flock reported that the round was led by Anthemis, a VC focused on Fintech and Insurtech investments. Other investors included Silicon Valley’s Plug and… Read More

May 29, 2018 @ 2:54 pm By Samantha Hurst  |  

MassChallenge, a global network of zero-equity startup accelerators, announced on Tuesday it will launch its newest vertical accelerator to support and grow startups in the fintech industry. According to MassChallenge, the MassChallenge Fintech, which will be headquartered in Boston, will match later-stage fintech startups with… Read More

May 29, 2018 @ 12:23 pm By Samantha Hurst  |  

SEI (NASDAQ:SEIC) today announced the newest group of start-ups joining Codify, its London-based RegTech incubator. The wealth management firm reported that since its 2017 launch, Codify has established successful relationships, including its engagement with Cognitiv+ (Cognitiv) to explore components of artificial intelligence for the analysis… Read More

May 29, 2018 @ 12:00 pm By Samantha Hurst  |  

Digital wealth manager Moneyfarm announced on Tuesday it secured £40 million through its latest Series B funding round, which was led by Allianz Asset Management. The company reported that it is planning to use the funds to drive next evolution in digital advice. While sharing details about the investment… Read More

May 29, 2018 @ 11:21 am By Samantha Hurst  |  

On Tuesday, U.S.-based global venture capital fund Rokk3r Fuel ExO announced it has formed a new partnership with the Holt Fintech Accelerator Program. The partnership will reportedly enable Rokk3r Fuel ExO, which targets startups with exponential models in the segments of fintech, property tech, artificial intelligence/machine learning and IoT,… Read More

May 29, 2018 @ 10:11 am By Samantha Hurst  |  

Pundi X (CURRENCY: NPXS) announced on Tuesday it has established a strategic partnership with the American Chamber of Commerce Korea (AMCHAM) to help introduce and promote Pundi X’s blockchain-based point-of-sales solution to its members, including leading multinationals in Korea. According to Pundi X, under the terms of… Read More

May 28, 2018 @ 9:31 pm By Samantha Hurst  |  

With its equity crowdfunding campaign on Crowdcube set to close later this week, the Cotswolds Distillery has successfully secured nearly £2.5 million through the funding round from more than a 1,000 backers.  As previously reported, the Distillery, which was founded in 2013 and began operations in September 2014,… Read More

May 28, 2018 @ 8:52 pm By Samantha Hurst  |  

Last week, fintech firm Crédit Mutuel announced the extension of its partnership with IBM (NYSE: IBM) to devise new ways of working to better serve the bank’s 12 million customers. Crédit Mutuel reported it has selected IBM Cloud, Watson and advanced cybersecurity technologies to fundamentally change… Read More

May 27, 2018 @ 3:20 pm By Samantha Hurst  |  

Pointvoucher, a mobile gaming plug and play market platform, recently launched an equity crowdfunding campaign on Seedrs, seeking £500,000 in funding. Founded in 2015, Pointvoucher reported facilitates the connection between consumers and brands by giving them a reason to engage in a “fun, playful, and rewarding” way…. Read More

May 26, 2018 @ 4:14 pm By Samantha Hurst  |  

Scottish crowdfunded brewery BrewDog announced this week it officially received the green light from the Brisbane City Council to begin construction on its $30 million brewery in Murarrie, Brisbane. According to the brewery, the development includes the construction of a 50hl, 3,000m2 brewing and canning… Read More

May 25, 2018 @ 12:13 pm By Samantha Hurst  |  

ArchOver, the UK P2P business lending platform, announced this week the launch of its Innovative Finance ISA (IFISA)to both new and existing lender. ArchOver reported that the IFISA allows individuals to earn tax-free returns by investing over P2P lending platforms using their annual ISA allowance of… Read More

May 25, 2018 @ 11:41 am By Samantha Hurst  |  

Autotrader and Kelley Blue Book announced earlier this week it is working with LendingTree to offer more auto lending options. While sharing details about the new collaboration, Jai Macker, Senior Vice President of Product at Cox Automotive, the mother company of Autotrader and Kelley Blue… Read More

May 25, 2018 @ 10:45 am By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that Deutsche Bank Luxembourg has adopted its Avaloq Banking Suite. According to Avaloq, more than 150 customers and wealth managers manage $4 trillion in assets with Avaloq, helping everyone from… Read More

May 25, 2018 @ 9:38 am By Samantha Hurst  |  

Nanusens, a Spanish technology startup, is set to complete its equity crowdfunding campaign on Crowdcube with nearly £900,000 from more than 775 investors. The funding round was launched last month and quickly secured its initial £400,000 funding target. Nanusens reported it raised £89,206 prior to launching its… Read More

May 25, 2018 @ 9:28 am By Samantha Hurst  |  

Mizuho Financial Group, Inc. announced last week it has agreed to sponsor Neutrino, Japan’s first blockchain1 coworking space. According to the firm, Neutrino, which located in Tokyo’s Shibuya Ward, was established by Omise Japan (CEO: Jun Hasegawa). It was reported: “One of the key features… Read More

May 25, 2018 @ 8:00 am By Samantha Hurst  |  

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Friday it has entered into a Global Payments Facilitator partnership with First Data. According to VersaPay, First Data serves over 6 million customers… Read More

May 24, 2018 @ 9:15 pm By Samantha Hurst  |  

1854 Media, a digital media business, successfully secured its initial £400,000 funding in just 24 hours on equity crowdfunding platform Crowdcube. The company previously raised nearly £400,000 through the funding portal in 2016 under the name British Journal of Photography. As previously reported, the publication has… Read More