May 18, 2018 @ 6:39 am By Samantha Hurst  |  

On Thursday, the Office of the Comptroller of the Currency (OCC) today announced it will hold Innovation Office Hours, on July 17th-19th, in San Francisco to promote responsible innovation in the federal banking system. According to the OCC, the Office Hours are one-on-one meetings with OCC… Read More

May 17, 2018 @ 10:00 pm By Samantha Hurst  |  

LendingPoint announced on Thursday it has closed an up to $600 million, committed credit facility arranged by Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners. LendingPoint reported that with the new deal it has secured up to $1.1 billion of senior credit… Read More

May 17, 2018 @ 3:00 pm By Samantha Hurst  |  

Capgemini, a consulting, technology services, and digital transformation firm, announced on Thursday it has formed a partnership with global non-profit organization, Efma, to launch a new fintech platform, FintechVisor, which is described as a platform that’s designed to bring fintech firms and financial institutions together for… Read More

May 17, 2018 @ 2:00 pm By Samantha Hurst  |  

Coinbase announced earlier this week the launch of its new product offerings for institutions, which are designed to meet the demand to trade and invest in cryptocurrency. The company reported that over the past few months more than 100 hedge funds have announced plans to… Read More

May 17, 2018 @ 1:00 pm By Samantha Hurst  |  

The Marketplace Lending Association announced on Wednesday it has welcomed nine new companies to the Association. According to the organization, these new members join as it continues to expand its presence and engage with policymakers in Washington and around the country. The three new lending firms include Social Finance(SoFi), LendingPoint… Read More

May 17, 2018 @ 12:00 pm By Samantha Hurst  |  

UK-based challenger bank Monzo announced on Thursday that users may use their Monzo cards with Apple Pay. The bank reported that it considers Apple Pay to be an easier, safer way to pay in stores, in apps and online with the Apple devices that users use… Read More

May 17, 2018 @ 11:00 am By Samantha Hurst  |  

Earlier this week, France-based online lending platform Lendix announced it has appointed Luuc Mannaerts as the new CEO of Lender Nederland, Lendix’s Dutch subsidiary. According to the online lender, Mannaerts has more than 20 years of experience in the Dutch and European banking sector. Prior to… Read More

May 17, 2018 @ 9:08 am By Samantha Hurst  |  

On Thursday, specialist property finance lender LendInvest announced it has expanded on its long-term partnership with Stripe by integrated the payments platform in order to streamline its loan application process. According to the online lender, the new integration will be embedded in the primary stages of… Read More

May 17, 2018 @ 8:48 am By Samantha Hurst  |  

Banco Santander, S.A. (BME:SAN) and global fintech Broadridge Financial Solutions, Inc. (NYSE: BR) announced on Thursday they have completed a first practical use of blockchain for investor voting at an annual general meeting (AGM). The duo, in collaboration with J.P. Morgan and Northern Trust as custodian banks, conducted… Read More

May 17, 2018 @ 8:32 am By Samantha Hurst  |  

On Thursday, U.S. fintech FinMason announced the launch of its new app, FinRiver for Salesforce AppExchange. According to the company, FinRiver will empower businesses to connect with their customers, partners, and employees in new ways. FinMason reported that the app will also allow users to easily… Read More

May 16, 2018 @ 4:05 pm By Samantha Hurst  |  

On Tuesday, Boston-based Circle announced it has formed partnerships with USD Coin and Bitmain. Founded in 2013, Circle offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay, allows users to send money like a text; Circle Trade, the company’s OTC trading… Read More

May 16, 2018 @ 3:03 pm By Samantha Hurst  |  

Smartphone giant HTC is now making preparations to launch a new blockchain-powered smartphone. According to The Next Web, the phone, which has been named Exodus, will feature a universal wallet and built-in secure hardware to support cryptocurrencies and decentralized applications. HTC reportedly recruited Phil Chen, the… Read More

May 16, 2018 @ 2:32 pm By Samantha Hurst  |  

FinMkt, Inc., a New York-based provider of technology and infrastructure for the online lending industry, announced last week the expansion of its referral partnership program by providing its advanced technology to select referral partners through its small business loan platform, BizLoans.io. This news comes just… Read More

May 16, 2018 @ 1:22 pm By Samantha Hurst  |  

India-based banking group Emirates NBD announced on Wednesday it has joined forces with fintech platform CCRManager to further strengthen trade finance capabilities. According to the bank, the partnership announcement aligns with its digital strategy as it seeks to lead innovation in digital banking in the… Read More

May 16, 2018 @ 12:02 pm By Samantha Hurst  |  

The Dubai Financial Services Authority (DFSA) announced on Wednesday the expansion of its Innovation Testing Licence (ITL) programme in response to continued interest in fintech and the digital economy. According to DFSA, the ITL program enables firms to test innovations in fintech in or from the… Read More

May 16, 2018 @ 11:24 am By Samantha Hurst  |  

On Wednesday, Danske Bank announced it has invested millions in and has become the co-owner of the Danish fintech firm, Spiir. Founded in 2011 by Rune Mai and Gudmundur Hreidarsson, Spiir provides customers a platform for their personal finances. Its purpose is to make personal budgets both fun and… Read More

May 16, 2018 @ 9:45 am By Samantha Hurst  |  

Prosper, a peer-to-peer lending platform connecting borrowers and investors, reported earlier this week its financial results for the first quarter of 2018. The online lender revealed that loan originations increased 27% year-over-year to $744 million, driven by strong demand for the company’s personal loan product… Read More

May 16, 2018 @ 8:59 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 Wednesday that a billion dollar, global manufacturer of private label apparel products has signed to implement ARC, Versapay’s proprietary accounts receivable… Read More

May 15, 2018 @ 4:12 pm By Samantha Hurst  |  

Cellulant, an Africa-based digital payments platform, announced on Tuesday it raised $47.5 million through its Series C funding round, which was led by TPG Growth’s The Rise Fund. Other investors included in the round are Endeavor Catalyst, Satya Capital, Velocity Capital & Progression Africa.  Founded… Read More

May 15, 2018 @ 4:05 pm By Samantha Hurst  |  

BrainQ, a developing Artificial Intelligence (AI) powered technologies firm that is seeking to treat neuro disorders, announced on Tuesday it secured $8.8 million through its latest funding round. The financing included Qure Ventures, OurCrowd, Norma Investments, IT-Farm, and other strategic angel investors such as Founder and… Read More