May 15, 2018 @ 2:41 pm By Samantha Hurst  |  

Worldline, (Euronext: WLN) a European payments and transactional services firm announced on Tuesday it has formed a strategic partnership with SIX and will be acquiring SIX Payment Services, the payment services division of SIX, for €2.3 million (CHF 2,750 million). According to Worldline, SIX Payment Services… Read More

May 15, 2018 @ 1:49 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday it has formed a multi-year partnership with Premier Community Bank to bring technology solutions to Homeowner Association (HOA) management customers. According to AvidXchange, through the new partnership, Premier… Read More

May 15, 2018 @ 11:44 am By Samantha Hurst  |  

The FIDO Alliance, an organization that enables an interoperable ecosystem of hardware, mobile and biometrics-based authenticators that may be used for apps and websites, announced on Tuesday that Facebook has been appointed to its Board of Directors. According to the organization, the social media giant joins other global… Read More

May 15, 2018 @ 11:18 am By Samantha Hurst  |  

Deutsche Bank announced on Tuesday it has acquired Quantiguous Solutions, an India-based software company, to strengthen its Global Transaction Banking franchise. Deutsche reported that with the help of Quantiguous it will accelerate the development of its Open Banking platform that forms the core for developing innovative… Read More

May 15, 2018 @ 10:26 am By Samantha Hurst  |  

Veridium Labs Ltd, a company incubated by EnVision Corporation, announced on Tuesday it is collaborating with IBM (NYSE: IBM) to help “transform” the carbon credit market using IBM blockchain technology with the goal of making it easier for companies to offset their environmental footprints. The… Read More

May 15, 2018 @ 9:44 am By Samantha Hurst  |  

Hellas Direct, a Greece-based insurtech platform, announced on Tuesday it has teamed up with Swiss Re and Revolut to enter the Cyprus home-insurance sector. The company announced its partnership with Revolut last week to “shakeup” the insurance company in both Greece and Cyprus.  The partnership with Swiss Re… Read More

May 15, 2018 @ 9:06 am By Samantha Hurst  |  

On Tuesday, Santander announced its Changemaker Fund has surpassed £1 million in matched funding and support from the crowd for charities, social enterprises, and community projects across the UK. According to the bank firm, The Fund, which is in partnership with Crowdfunder, supports organizations looking to deliver social… Read More

May 14, 2018 @ 3:46 pm By Samantha Hurst  |  

Financial Services Superintendent Maria T. Vullo announced on Monday the New York State Department of Financial Services has authorized Gemini Trust Company, LLC to offer the custody services and trading of Zcash, Litecoin and Bitcoin Cash, emerging cryptocurrencies, on its virtual currency exchange, which is… Read More

May 14, 2018 @ 2:59 pm By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Monday it is launching  Marine Finance as a new asset class. According to YieldStreet, Marine Finance focuses on financing vessel acquisitions for the spot market, time charters or bareboat charters, as well as the construction of… Read More

May 14, 2018 @ 2:44 pm By Samantha Hurst  |  

Bitfinex, a digital asset trading platform that offers state-of-the-art services for digital currency traders and global liquidity providers, announced on Monday it has collaborated with Connamara, a premier provider of matching engine technology, to deliver an open-source FIX (Financial Information eXchange) digital asset gateway for professional traders. According to Bitfinex,… Read More

May 14, 2018 @ 2:20 pm By Samantha Hurst  |  

Banking giant Santander is currently making preparation to launch a new stand-alone UK digital bank specifically for SMEs within the next few months. According to the Telegraph, The Spain-based bank is also considering bringing its digital lending service, Openbank to the UK as well. A spokesperson… Read More

May 14, 2018 @ 12:56 pm By Samantha Hurst  |  

Sharetribe, a Finnish software provider, is set to close its equity crowdfunding round on Seedrs later this week. The campaign has successfully secured more than €950,000 from nearly 330 investors. As previously reported, Sharetribe was founded in 2011 and claims its platform is the “easiest” way to… Read More

May 14, 2018 @ 11:54 am By Samantha Hurst  |  

On Monday, Funding Circle announced it is now offering £1,500 in Amazon vouchers to those who recommend its platform to new customers. The online lender also reported that the new customer will receive a £100 Amazon voucher as well.  To get their vouchers, customers need… Read More

May 14, 2018 @ 10:55 am By Samantha Hurst  |  

On Monday, Ripple announced the launch of Xpring, which is a new initiative by the company that will invest in, incubate, acquire and provide grants to companies and projects run by proven entrepreneurs. According to Ripple, every entrepreneur will use the digital asset XRP and… Read More

May 14, 2018 @ 10:18 am By Samantha Hurst  |  

U.S. fintech startup Kyriba Corp. announced on Monday it is increasing its investment in Latin American to help CFOs and treasurers modernize key capabilities for cash, risk, payments and working capital optimization. The company reported that as part of the expansion it has named Axel Canale as the… Read More

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

HSBC Singapore announced on Monday it was joining forces with ING and agrifood group Cargill to conduct what it claims to be the first live, commercial trade finance transaction on R3’s blockchain platform, Corda.  According to HSBC Singapore, the blockchain transaction involved a bulk shipment of… Read More

May 13, 2018 @ 5:22 pm By Samantha Hurst  |  

Crowdfunded brewery BrewDog announced earlier this week it has appointed Jason Marshall as its new Chief Financial Officer as it continues its global expansion. According to BrewDog, Marshall brings more than 20 years of experience of beverage experience and was reportedly a key member of the financial… Read More

May 12, 2018 @ 7:47 am By Samantha Hurst  |  

Just a little over three years after successfully securing £505,310 through its first equity crowdfunding campaign on Seedrs, French vineyard and winery Domaine du Grand Mayne, returned to the funding portal to raise £100,000.  The Domaine du Grand Mayne team stated the vineyard, which has… Read More

May 11, 2018 @ 9:35 pm By Samantha Hurst  |  

Less than two weeks after launching its latest equity crowdfunding campaign on Crowdcube, online automotive marketplace Glovebox Direct has secured its initial £300,000 funding target from just a little more than 100 investors. The funding round comes just six months after the company raised a total of… Read More

May 11, 2018 @ 2:00 pm By Samantha Hurst  |  

Just a couple of months after launching Coin Jar, UK fintech Monzo announced that users have saved more than £1 million by using the feature. The feature allows users to create a “pot” and calling it “Coin Jar”, the user can save small amounts of money automatically,… Read More