May 22, 2018 @ 10:35 am By Samantha Hurst  |  

Betterment, the largest independent online financial advisor, announced on Tuesday it has appointed financial services and fintech veteran Donna Wells to its board of directors. According to Betterment, Wells brings close to 30 years of experience in the industry, as well as a history as a successful public… Read More

May 22, 2018 @ 9:55 am By Samantha Hurst  |  

Flywire, a fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced this week it has partnered with SP Jain School of Global Management to launch a startup competition, the Flywire Challenge, to power a new generation of transformative entrepreneurship in Singapore and the APAC… Read More

May 22, 2018 @ 9:13 am By Samantha Hurst  |  

On Tuesday, UK-based equity crowdfunding platform Crowdcube announced it was introducing the feature “Flags” to help investors identify global investments opportunities that are live on its portal. Crowdcube reported that it wants investors to be able to diversify their portfolio geographically and the feature will… Read More

May 22, 2018 @ 12:01 am By Samantha Hurst  |  

Freetrade, a next-generation investment app providing users with free stock trading has secured an additional £3.1 million in funding through its equity crowdfunding campaign on Crowdcube. The London-based startup, which was founded in 2016 by Adam Dodds who previously worked in finance at KPMG, and… Read More

May 21, 2018 @ 4:07 pm By Samantha Hurst  |  

Digital challenger bank Revolut announced last week it is now asking customers to help name its new and exclusive metal card. Revolut reported that last year, it released the Revolut Premium account, which offers the choice of four exclusive card designs, unlimited foreign exchange transactions, overseas medical… Read More

May 21, 2018 @ 2:50 pm By Samantha Hurst  |  

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced over the weekend that it is now accepting applications for its 2018 program, kicking off a competitive search for the top fintech and insurtech innovators in the region…. Read More

May 21, 2018 @ 2:17 pm By Samantha Hurst  |  

Just a little over two years after securing $2,708,472 from 10,263 backers through its Kickstarter campaign, tech startup OSSIC announced it was officially shutting down and will not be delivering its highly anticipated OSSIC X headphones. As previously reported, the OSSIC X headphones supposedly calibrate… Read More

May 21, 2018 @ 1:13 pm By Samantha Hurst  |  

Business commerce platform Tradeshift announced on Monday the launch of its new end-to-end cloud platform to bring supply chain payments, supply chain finance, and blockchain-based early payments together into one unified end-to-end solution, Tradeshift Pay. According to Tradeshift, by using the single unified wallet, buyers can take… Read More

May 21, 2018 @ 11:41 am By Samantha Hurst  |  

Just a couple weeks after launching its latest equity crowdfunding round on Seedrs, French vineyard and winery, Domaine du Grand Mayne, has successfully secured its initial £100,000 funding target from more than 225 investors. As previously reported, the Domaine du Grand Mayne team stated the vineyard, which has… Read More

May 21, 2018 @ 10:44 am By Samantha Hurst  |  

On Monday, credit card giant Mastercard announced the launch of its new initiative for fintech startups called Accelerate. According to Mastercard, the initiative is designed to support the ambitions of players in the FinTech sector through tailored support arrangements including access to insight, tools, technology, and… Read More

May 21, 2018 @ 9:11 am By Samantha Hurst  |  

ThinCats announced on Monday it has completed a transaction for the Management Buy-In (MBI) of Scubair Ltd, a business involved in the design, installation, and service for all types of air conditioning, ventilation, and electrical systems. According to ThinCats, the Newbury-based company is a portfolio business… Read More

May 20, 2018 @ 2:26 pm By Samantha Hurst  |  

Spun, a British artisan candy-maker specializing in hand-crafted candy, is now seeking £450,000 through its equity crowdfunding campaign on Crowdcube. Launch in 2013, the company revealed that it has developed hundreds of designs and flavors of confectionery. Its product range is constantly “evolving, pushing the boundaries,… Read More

May 19, 2018 @ 12:28 pm By Samantha Hurst  |  

Zichain, a crypto finance company, announced this week it has appointed Jun Hao and Bogdan Fiedur to its Advisory Board. Zichain reported that its  Advisory Board was created to provide strategic guidance and valuable technical advice to the company’s management team. It will also support Zichain… Read More

May 18, 2018 @ 9:16 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 Friday it was acquired by Accel-AKKR, a private equity firm based in Menlo Park, California. As previously reported, Sageworks, which was founded in 1998, offers banks and… Read More

May 18, 2018 @ 2:00 pm By Samantha Hurst  |  

ConsenSys announced earlier this week it has teamed up with Amazon Web Services to launch Kaleido, a new blockchain business cloud that’s aimed to speed and simplify enterprises’ journey to using the technology. ConsenSys claimed that Kaleido is the first Software-as-a-Service featuring popular Ethereum packages Geth and… Read More

May 18, 2018 @ 1:00 pm By Samantha Hurst  |  

Tel Aviv Stock Exchange (TASE) announced earlier this week that it, Accenture, and The Floor are currently developing a new blockchain securities lending platform, which will be powered by Intel. According to the Exchange, there is currently no central securities lending platform in the Israeli… Read More

May 18, 2018 @ 11:18 am By Samantha Hurst  |  

Temenos (SIX: TEMN), a banking software company, announced on Friday that Atoma Technologies has joined the Temenos MarketPlace, which is a platform for facilitating the exchange of value between fintech providers and financial institutions. According to Temenos, Atoma provides dedicated software-testing tools for banks implementing… Read More

May 18, 2018 @ 11:00 am By Samantha Hurst  |  

Financial Services Superintendent Maria T. Vullo announced this week that the Department of Financial Services (DFS) has authorized Paxos Trust Company LLC, formerly known as itBit Trust Company, to offer a permissioned, blockchain-based post-trade platform settlement service called Bankchain, and has granted a virtual currency… Read More

May 18, 2018 @ 9:47 am By Samantha Hurst  |  

On Friday, CEO and Co-founder of iZettle, Jacob de Geer announced he and his team have reached an agreement with PayPal to acquire the Swedish fintech. The acquisition agreement comes less than two weeks after the company announced its plan to proceed with an initial public… Read More

May 18, 2018 @ 9:28 am By Samantha Hurst  |  

Decentral Inc., a Canada-based blockchain company and the creator of the multi-platform, multi-currency digital wallet Jaxx, has announced its next phase: Decentral Project, which was three years in the making. As part of the next phase, the company also unveiled the first three of the… Read More