March 29, 2018 @ 10:26 am By Samantha Hurst  |  

Peer-to-peer travel money exchange WeSwap has announced it is officially launching globally and is now available in all currencies. This news comes less than a year and a half after the company secured more than £2.4 million in funds through its equity crowdfunding campaign on Seedrs…. Read More

March 29, 2018 @ 10:03 am By Samantha Hurst  |  

Global blockchain fintech firm QUOINE announced on Thursday four new appointments to its leadership team. The company reported the following has been appointed: Jason Wagner: Chief People Officer- Brings more than 25 years experience and spent the last ten years in Singapore in financial services and consumer-related executive search. Prior to… Read More

March 29, 2018 @ 8:50 am By Samantha Hurst  |  

On Thursday, CreditEase announced its venture fund, Credit FinTech Investment Fund (CEFIF) recently participated in the $70 million Series B investment round in market fintech company, Branch International. The fund reported that other investors of the funding round included International Finance Corporation (IFC), Andreessen Horowitz,… Read More

March 29, 2018 @ 8:38 am By Samantha Hurst  |  

Betterment, the largest independent online financial advisor, announced earlier this week the launch of a new custom portfolio strategy, Flexible Portfolios. According to Betterment, retail investors now have the ability to control asset class weights within the Betterment portfolio, enabling them to decide how money… Read More

March 28, 2018 @ 3:53 pm By Samantha Hurst  |  

On Wednesday, Hong Kong Polytechnic University (PolyU) joins forces with Australia’s Monash University and CollinStar Capital to establish a university-industry joint research laboratory on blockchain and cryptocurrency technologies in Hong Kong. The organization reported: “Blockchain, a technology that underpins cryptocurrencies, has substantial potential to transform… Read More

March 28, 2018 @ 2:51 pm By Samantha Hurst  |  

TalentPool, a talent matching platform that connects UK SMEs with recent graduates, is now seeking 350,000 through its equity crowdfunding campaign on Seedrs. Founded in 2013, TalentPool stated its on a mission to change the way that companies find talent. “We’ve created a platform that identifies suitable… Read More

March 28, 2018 @ 2:25 pm By Samantha Hurst  |  

UK-based brewing company, Left Handed Giant Brewing, announced on Wednesday it has decided its equity crowdfunding campaign on Crowdcube. The funding round was launched earlier this much and quickly secured its initial  £450,000 funding target. It has now raised  £840,000 thanks to nearly 1,200 investors…. Read More

March 28, 2018 @ 2:13 pm By Samantha Hurst  |  

LendingCrowd, one of the UK’s fastest-growing alternative finance lenders to the SME market, announced on Wednesday it secured £2 million through its latest investment round, which was led by Equity Gap and included a number of prominent private investors from Scotland’s entrepreneurial and finance scene and the… Read More

March 28, 2018 @ 12:14 pm By Samantha Hurst  |  

LendInvest announced on Tuesday it has “fine-tuned” its approach to lending on commercial property and funding commercial-to-residential conversion projects, with a range of updates across its loan products. According to the lending platform, borrowers who wish to fund the purchase of, extend the lease on, or… Read More

March 28, 2018 @ 11:06 am By Samantha Hurst  |  

Australia-based marketplace lender SocietyOne recently announced it has appointed G&C Mutual Bank CEO, Dave Taylor, as a new non-executive director. According to SocietyOne, Taylor has more than 25 years of experience in financial services. His board experience notably has included directorships of mutual institutions, industry superannuation funds… Read More

March 28, 2018 @ 10:12 am By Samantha Hurst  |  

On Tuesday, online lending platform SoFi announced it was making changes to wealth portfolios. The lender reported that it wants to help users make the smartest investment decisions possible so that they can continue on the path to their goals. It was also reported that each… Read More

March 28, 2018 @ 9:29 am By Samantha Hurst  |  

On Wednesday, DonorsChoose announced San Francisco-based Ripple donated $29 million to fund every classroom project request on the nonprofit’s crowdfunding platform. According to DonorsChoose, the donation fulfilled 35,647 requests from 28,210 public school teachers in every state. Teachers at 16,561 public schools, or 1in 6 of all the public schools in… Read More

March 28, 2018 @ 9:20 am By Samantha Hurst  |  

On Tuesday, global fintech firm Broadridge Financial Solutions announced it has completed the acquisition of Israel-based digital technology company, ActivePath. According to Broadridge, ActivePath’s technology enhances the consumer experience associated with consumer statements, bills, and regulatory communications.  ActivePath notably extends Broadridge’s ability to transform and… Read More

March 27, 2018 @ 4:13 pm By Samantha Hurst  |  

Ally Financial Inc. (NYSE: ALLY), a Michigan-based digital financial services company, is set to open a new innovation hub in the Camp North End, which is located in Charlotte, North Carolina. The company describes itself as an award-winning online bank and one of the largest full-service… Read More

March 27, 2018 @ 3:54 pm By Samantha Hurst  |  

SimbaPay, a London-based digital money transfer provider, announced last week it has launched an AI (Artificial Intelligence) powered chatbot service which now makes International Money Transfer (remittance) possible with only an SMS. According to SimbaPay, the new chatbot will also enable 24/7 instant customer service for… Read More

March 27, 2018 @ 11:40 am By Samantha Hurst  |  

On Tuesday, Bank Director and Promontory Interfinancial Network announced the finalists for the 2018 Best of FinXTech Awards, which is described as an event that recognizes institutions that exemplify how collaborative efforts can lead to innovative solutions and growth in the banking industry. The duo reported that the winners of the… Read More

March 27, 2018 @ 10:56 am By Samantha Hurst  |  

Oodle Car Financing, a UK-based car fintech startup, has secured a 100 million facility from Citigroup. Founded in 2016, the company states its goal is match customers with the right loans, cars, and dealers. “In this fast-paced world owning a car should be affordable for… Read More

March 27, 2018 @ 10:41 am By Samantha Hurst  |  

Fintech collaboration platform B-Hive announced on Tuesday it has teamed up with global strategy consulting firm Roland Berger to launch a new dashboard called B-Lens 2018 to Belgium. According to the duo, the dashboard brings together a number of key indicators to illustrate and monitor the… Read More

March 27, 2018 @ 9:38 am By Samantha Hurst  |  

Challenger bank Banco BNI Europa announced on Tuesday the launch of its new online account opening process through video conference. The company reported that this new process also introduces an innovative system of documents signature with a qualified digital certificate and is available for Portuguese citizens… Read More

March 27, 2018 @ 9:09 am By Samantha Hurst  |  

Fintech startup and practice management platform for tax professionals, Canopy, announced on Tuesday it secured $30 million through its latest funding round, totaling $60 million secured to date. The funding round was led by New Enterprise Associates (NEA), with participation from Wells Fargo Strategic Capital, Pelion Ventures,… Read More