April 13, 2018 @ 9:10 am By Samantha Hurst  |  

Banking giant Bank of America announced earlier this week it has launched its new product, Digital Mortgage Experience, to guide clients through the mortgage process through its mobile banking and online platforms. According to Bank of America, with advanced application prefill capabilities, clients may apply for a… Read More

April 12, 2018 @ 9:15 pm By Samantha Hurst  |  

Vio Digital, a South Africa-based fintech startup, announced on Thursday it is launching a new blockchain-based money transfer app to make it easier for customers to transfer money from person to person anywhere in the world. The company reports that across Africa, remittance solutions are typically… Read More

April 12, 2018 @ 9:05 pm By Samantha Hurst  |  

INIU, a Portugal-based natural juice brand, is now seeking £500,000 through equity crowdfunding platform Seedrs. Founded in 2016, INIU states it was “born” to reinforce a healthy lifestyle by giving each person the “power” to pick an alternative to the unhealthy beverages on the shelves…. Read More

April 12, 2018 @ 2:00 pm By Samantha Hurst  |  

UK-based peer-to-peer lender Landbay announced on Thursday it is set to close its latest equity crowdfunding round on Seedrs next Tuesday (April 17th). The campaign quickly secured its initial £1.25 million and has successfully raised more than £1.4 million thanks to over 250 investors. As previously reported, Landbay was… Read More

April 12, 2018 @ 1:00 pm By Samantha Hurst  |  

On Wednesday, European independent management consulting firm Baringa Partners announced its as formed a partnership with UK-based compliance and data analytics firm  SteelEye to make its way into the regtech industry. The company stated it believes that the regtech market will continue to grow and… Read More

April 12, 2018 @ 12:00 pm By Samantha Hurst  |  

Denmark-based Danske Bank announced on Thursday it has joined forces with Swedish fintech Minna Technologies to offer customers access to a “Subscription Manager” solution, which gives them an overview of all their subscriptions and the possibility of saving both time and money. According to Danske Bank,… Read More

April 12, 2018 @ 10:04 am By Samantha Hurst  |  

 PT.Erajaya Swasembada Tbk, PT ITC Auto Multi Finance, a division of ITOCHU, and PayJoy announced on Thursday they have teamed to launch their smartphone financing in Indonesia. It was revealed that  ITOCHU will use PayJoy’s proprietary Checkout software platform to qualify and approve Indonesian customers for… Read More

April 12, 2018 @ 9:52 am By Samantha Hurst  |  

Santander announced on Thursday the launch of its new international payments service using blockchain-based technology. The service is available to retail customers in Spain, UK, Brazil, and Poland, and will be rolled out across more countries in the coming months. According to Santander, the new… Read More

April 12, 2018 @ 9:26 am By Samantha Hurst  |  

On Tuesday, fintech startup Avoka announced that Colorado-based Alphine Bank has selected the Avoka Transact Platform to enhance its digital presence. Avoka reported that it will deliver completely digital account openings that include ID verification, funding, and immediate establishment of the account. The company noted… Read More

April 12, 2018 @ 7:52 am By Samantha Hurst  |  

Business finance company MarketInvoice announced this it has joined a select group of alternative finance firms on NatWest’s Capital Connections panel. MarketInvoice reported that it is the ninth alternative finance provider to join Capital Connections, alongside Funding Circle, Assetz Capital, Start Up Loans, Seedrs, Together, iwoca, Esme… Read More

April 11, 2018 @ 4:08 pm By Samantha Hurst  |  

Chinese fintech and Alibaba-affiliated Ant Financial is preparing to launch a private funding round in order to secure up to $9 billion. According to various reports, the company is increasing the funding target from previous funding rounds that sought up to $5 billion. Ant Financial’s previous fundraising round… Read More

April 11, 2018 @ 3:34 pm By Samantha Hurst  |  

The Ministry of Economic Affairs and Climate (EZ) has reportedly approved Funding Circle Netherlands as a Guarantee SME Credit (BKMB) scheme participant. According to AltFi, for participating firms, which are typically major banks, the BKMB provides guarantee of up to 75% of the loan amounts… Read More

April 11, 2018 @ 3:10 pm By Samantha Hurst  |  

Liberis, a UK-based fintech, announced on Wednesday it secured £57.5 million in combined funding from British Business Investments, Paragon Bank, BCI Finance, and Blenheim Chalcot. According to Liberis, the new facility and equity investment will accelerate our growth to help support an estimated 100,000 UK jobs by… Read More

April 11, 2018 @ 2:09 pm By Samantha Hurst  |  

On Wednesday, challenger bank Tandem announced the launch of three fixed saver accounts. The bank reported that the launch of the accounts gives “savvy savers” the chance to put money aside in their own virtual treasure chest. The debut of the fixed saver accounts comes less than… Read More

April 11, 2018 @ 12:57 pm By Samantha Hurst  |  

On Tuesday, ATB Financial announced the city of Alberta will get a boost in its contribution to the national artificial intelligence (AI) industry through a four-year partnership between it and the University of Alberta. According to ATB Financial, a group of students, paired with selected… Read More

April 11, 2018 @ 12:07 pm By Samantha Hurst  |  

On Wednesday, California fintech Ripple announced it invested $25 million in XRP to Blockchain Capital Parallel IV, LP, a fund that accepts capital calls in digital assets and focuses entirely on the development of the blockchain space. According to Ripple, the $150 million, which is fund managed by Blockchain Capital,… Read More

April 11, 2018 @ 11:20 am By Samantha Hurst  |  

Less than two weeks until its equity crowdfunding round comes to an end on Crowdcube, UK-based insurtech Midrive has successfully secured more than £2 million from over 575 investors. The company quickly secured its initial £1.8 million funding target. Founded in 2013, Midrive is an insurance company… Read More

April 11, 2018 @ 10:09 am By Samantha Hurst  |  

Vodi, the financial and messaging app that always gives back more to its users, has just announced a new partnership with Viettel America (VTA), a subsidiary of Viettel Group, the international telecommunications conglomerate. The duo revealed that through the partnership they will work together to launch exciting… Read More

April 11, 2018 @ 9:17 am By Samantha Hurst  |  

LendIt Fintech, the world’s leading event in financial services innovation, announced on Wednesday the winners of its sixth annual PitchIt competition and 21 winners of its second annual LendIt Industry Awards.  global competition for fintech startups to attract funding, mentorship, endorsement, and exposure to institutions,… Read More

April 11, 2018 @ 8:49 am By Samantha Hurst  |  

Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday the launch of its Galileo Cryptocurrency API to bridge the gap between cryptocurrencies and mainstream payments. According to Galileo, the cryptocurrency solution enables customers to seamlessly deposit funds denominated in cryptocurrencies to their accounts,… Read More