March 20, 2018 @ 4:00 pm By Samantha Hurst  |  

Next Insurance, an insurtech company that specializes in small to medium businesses, announced on Tuesday it has launched a new verification feature called Live Certification. Founded in 2016, Next Insurance claims it is the first US-based insurance provider to offer this type of service.  The insurtech… Read More

March 20, 2018 @ 3:40 pm By Samantha Hurst  |  

Social media giant Twitter is set to ban almost all cryptocurrencies and initial coin offering (ICOs) advertisements. According to SkyNews, Twitter may release a new advertising policy in two weeks that will prohibit advertisements for ICOs, token sales, and cryptocurrency wallets globally. The media outlet also revealed that… Read More

March 20, 2018 @ 2:56 pm By Samantha Hurst  |  

Stem + Glory, a UK-based restaurant chain, has quickly secured its initial 350,000 equity crowdfunding target on Crowdcube. The company launched the funding on Monday morning and by the afternoon surpassed the funding goal. Opened in October 2016, Stem + Glory describes itself as a… Read More

March 20, 2018 @ 1:22 pm By Samantha Hurst  |  

Online lending platform for small businesses OnDeck (NYSE: ONDK) announced it has appointed Kenneth Brause as its new Chief Financial Officer, effective March 26th, as part of a mutually agreed upon transition process. The lender reported that current Chief Financial Officer, Howard Katzenberg. Katzenberg will serve as an advisor to… Read More

March 20, 2018 @ 12:27 pm By Samantha Hurst  |  

  RealtyShares, a leading online marketplace for commercial real estate investing, today announced it is featured by Airbnb as a financing resource in its Multifamily Properties Toolkit, which is described as a website that gives owners, operators, and developers of multifamily buildings resources to support long-term… Read More

March 20, 2018 @ 12:08 pm By Samantha Hurst  |  

FinTech Sandbox announced on Tuesday that Sageworks, which offers lending, credit risk, and portfolio risk solutions to banks and credit unions, has signed on to be its new data partner. According to the organization, Sageworks will make banking and indices data available to early-stage fintech startups… Read More

March 20, 2018 @ 11:10 am By Samantha Hurst  |  

Swiss Fintech Temenos (SIX: TEMN) announced on Tuesday it has formed a partnership with MAINSYS, a provider of IT services to the Belgian financial services sector. According to Temenos, the new partnership brings together MAINSYS’ knowledge and experience in providing digitalization services for the banking sector,… Read More

March 20, 2018 @ 10:02 am By Samantha Hurst  |  

Tyro, an Australia-based challenger bank, announced last week the launch of its new feature, “Tap & Save.” According to the fintech startup, Tap & Save allows merchants to save money by processing debit tap-and-go payments through the more economical eftpos network. Tyro reported that Tap &… Read More

March 20, 2018 @ 8:10 am By Samantha Hurst  |  

  Christchurch craft brewery, Eagle Brewing NZ, has launched an equity crowdfunding campaign on PledgeMe to raise up to $750,000 to fund the fit-out of their new Kaiapoi brewpub, The Port & Eagle. According to Eagle Brewing, the Port & Eagle is the brewery’s new brewpub… Read More

March 20, 2018 @ 7:55 am By Samantha Hurst  |  

AutoGravity, a fintech provider modernizing the way consumers buy and finance automobiles, announced on Tuesday INFINITI Financial Services has joined its automotive shopping and financing platform. According to AutoGravity, consumers will now be able to select any INFINITI vehicle and see finance offers from IFS… Read More

March 19, 2018 @ 4:15 pm By Samantha Hurst  |  

UK-based fintech Finastra announced last week it was selected by the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to drive its digital transformation initiatives. Finastra reported its technology will streamline and automate Vietcombank’s operational processes and improve overall customer experience to enhance… Read More

March 19, 2018 @ 3:35 pm By Samantha Hurst  |  

On Monday, UK-based challenger bank Monzo announced it has achieved half a million current accounts. The company launched its current accounts in October last year and since then, thousands of users have upgraded their accounts or signed up to start using Monzo’s banking products. “This… Read More

March 19, 2018 @ 3:19 pm By Samantha Hurst  |  

Less than two months after Venezuela issued a white paper on its proposed cryptocurrency, Petro, President Trump has signed an executive order that bans the controversial cryptocurrency. As previously reported, Petro’s background dates back to “proposals for global financial and monetary coordination prior to the hegemony… Read More

March 19, 2018 @ 2:35 pm By Samantha Hurst  |  

UK’s Northern Monk Brewing Company has completed its equity crowdfunding round on Crowdcube. The brewery completed its funding round less than three weeks after launched and achieved £1.5 million from 2,161 investors. The company previously stated: “Initially based in a parent’s cellar, selling our wares at farmers… Read More

March 19, 2018 @ 1:48 pm By Samantha Hurst  |  

Mphasis (BSE: 526299; NSE: MPHASIS), a IT services and solutions provider specializing in cloud and cognitive services, announced on Monday it has formed a strategic partnership with Plug and Play Tech Center, a global startup ecosystem and venture fund specializing in the development of early-to-growth stage technology startups…. Read More

March 19, 2018 @ 11:44 am By Samantha Hurst  |  

Fundbox, a cash flow optimization tool platform for small businesses, announced last week it has launched a new payment and credit solution for small businesses serving other businesses called Fundbox Pay. The platform reported that it purposefully designed Fundbox Pay to help make business transactions… Read More

March 19, 2018 @ 11:04 am By Samantha Hurst  |  

Qupital, a Hong Kong-based trade finance platform, announced last week it has signed a financial strategy agreement with Alibaba. According to Qupital, The collaboration enables qualified Gold Supplier members of Alibaba to free up working capital easier through its platform. It was also reported: “Under this agreement, Alibaba Gold… Read More

March 19, 2018 @ 10:41 am By Samantha Hurst  |  

UK banking giant Barclays has teamed up with seven watchmakers to bring its bPay wearable payment technology to timepieces. The companies that Barclays is now working with on the project are Guess Watches, Mondaine, Timex, Kronaby, Suunto, Adex, and LBS. According to Finextra, Timex is… Read More

March 19, 2018 @ 9:29 am By Samantha Hurst  |  

German mobile bank N26 has secured €110 million during its Series C funding round, which was co-led by Allianz X, the digital investment unit of Allianz Group, and Tencent Holdings Ltd., a provider of internet value-added services in China. This news comes nearly six months after… Read More

March 17, 2018 @ 2:58 pm By Samantha Hurst  |  

Global law firm Clyde & Co announced this week it has formed a partnership with the Hartford InsurTech Hub, an initiative that connects the insurance industry to insurtech innovators and start-ups. According to Clyde & Co, through the new partnership, the legal firm will act as Hartford… Read More