March 14, 2018 @ 1:13 pm By Samantha Hurst  |  

AccessPay, a UK-based fintech, has received a £1 million investment from NPIF – Maven Equity Finance, which is managed by Maven Capital Partners. Founded in 2012, the company stated it is on a mission to redefine the corporate banking experience, to empower treasury and finance… Read More

March 14, 2018 @ 11:28 am By Samantha Hurst  |  

Avail Finance, an India-based app-only online lending platform, has successfully secured $17 million in both equity and debt funding. The company stated that venture capital fund Matrix Partners led equity round while  Ola founders Bhavish Aggarwal and Ankit Bhati, Flipkart’s co-founder Binny Bansal, Kunal Shah, co-founder of Freecharge;… Read More

March 14, 2018 @ 10:28 am By Samantha Hurst  |  

On Wednesday, global online payment service provider PayU announced it is collaborating with Kreditech, a digital consumer lending group that uses machine-learning based underwriting, to launch the beta phase of PayU Monedo in India. According to PayU, PayU Monedo is set to provide cardless EMIs (equated… Read More

March 14, 2018 @ 9:43 am By Samantha Hurst  |  

TicketGuardian, the insurtech startup that’s aiming to shake up the ‘no refunds’ standard of live events ticketing, announced this week it has formed a partnership with SquadUP to bring event fans peace of mind when booking in advance on the white label platform. Through the… Read More

March 14, 2018 @ 9:07 am By Samantha Hurst  |  

On Tuesday, fintech mobile app Pockitapp announced it has teamed up with Dwolla to deliver back-end banking integration services. According to Pockitapp, Dwolla provides a secure online payment system and mobile payment network to enable auto clearing house (ACH) transfers, including vendor payments. Pockitapp reported… Read More

March 13, 2018 @ 4:02 pm By Samantha Hurst  |  

BondMason, an online savings and investments platform that sources investments from across the peer-to-peer (P2P) market for its clients, announced on Tuesday it secured £1.85 million through its latest funding round to drive the growth of the business and fulfill the company’s vision to enable more investors to… Read More

March 13, 2018 @ 3:12 pm By Samantha Hurst  |  

Extreme sports brand Ruroc announced on Tuesday it has returned to Crowd2Fund to raise £200,000 of new debt finance (estimated APR of 10%) to facilitate its expansion into a number of new overseas markets, alongside their continued efforts to develop a range innovative products. Founded in… Read More

March 13, 2018 @ 2:11 pm By Samantha Hurst  |  

LandlordInvest, a peer-to-peer lending platform for residential and commercial mortgages, announced on Tuesday its secondary market has surpassed £1 million in complete sales. The market was launched in May 2017. According to LandlordInvest, the secondary market enables investors to offer eligible loans or loan parts for sale… Read More

March 13, 2018 @ 1:51 pm By Samantha Hurst  |  

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, announced on Tuesday it has integrated with mobile-only Starling Bank. TrueLayer reported it will be able to use Starling Bank’s API to securely access financial data while… Read More

March 13, 2018 @ 12:40 pm By Samantha Hurst  |  

Grab Inc. (Grab), an on-demand transportation and fintech platform in Southeast Asia, announced on Tuesday it has teamed up with Credit Saison Co., Ltd. (Credit Saison), one of Japan’s largest consumer financing companies, to provide loans and lending services to millions of unbanked and underbanked consumers, micro-entrepreneurs… Read More

March 13, 2018 @ 12:20 pm By Samantha Hurst  |  

Sweden banking group Nordea announced on Tuesday it has launched a contactless payment solution through Fitbit and Garmin wearable devices. According to Nordea, this new service is part of an improved Nordea Wallet offering. It gives customers a quick, convenient, easy-to-use and safe way to pay… Read More

March 13, 2018 @ 11:58 am By Samantha Hurst  |  

Just two months after the finalization of its purchase of Harrods Bank, UK challenger bank Tandem has acquired money management app Pariti.  Founded in 2014, Pariti is described as a free mobile app that connects to users’ different banking accounts and credit cards to provide… Read More

March 13, 2018 @ 10:30 am By Samantha Hurst  |  

Telenor Group announced on Tuesday it has reached a strategic partnership agreement with Ant Financial Services Group (Ant Financial) in Pakistan, where Ant Financial will invest $184.5 million for a 45% stake in Telenor Microfinance Bank (TMB), a subsidiary of Telenor Group, to further develop… Read More

March 13, 2018 @ 10:00 am By Samantha Hurst  |  

Pine Labs, an India-based digital payments platform, has secured $82 million through its latest investment round, which was led by Actis Capital, with participation from Altimeter Capital. Founded in 1998, Pine Labs stated it began its journey with specialty payment & loyalty solutions for closed-user group… Read More

March 13, 2018 @ 9:25 am By Samantha Hurst  |  

Software as a Service (SaaS) platform Mambu announced on Monday that FolkeFinans, a Norwegian finance and credit company, has migrated its products to the Mambu platform and launched a revolving credit loan. Folkefinans reportedly chose Mambu for its flexibility and scalability, allowing the lender to keep… Read More

March 12, 2018 @ 3:44 pm By Samantha Hurst  |  

BBVA Compass, the U.S. subsidiary of the global financial services group BBVA, announced on Monday it is now offering near-instantaneous decisioning and potential same day funding for both customers and non-customers with the footprint wide opening of the fully digital BBVA Compass Express Personal Loan. The company… Read More

March 12, 2018 @ 2:53 pm By Samantha Hurst  |  

On Monday, MetLife announced the launch of its new global open innovation platform, collab 3.0 EMEA, and invited entrepreneurs and insurtechs to scale their business through the platform, while solving some of the insurer’s biggest innovation challenges across its business in Europe, the Middle East, and… Read More

March 12, 2018 @ 1:40 pm By Samantha Hurst  |  

AtlasTrend, an online financial investment platform helping Australians invest in global trends, announced on Monday it is launching a voice-activated personal investment assistant called Astro. Founded in 2015, AtlasTrend stated it was formed to help all Australians learn about and invest in long-term global trends. According… Read More

March 12, 2018 @ 12:04 pm By Samantha Hurst  |  

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Monday the closing of a $35 million senior credit facility with Ares Management. The company stated it has the ability to increase the senior credit facility… Read More

March 12, 2018 @ 11:49 am By Samantha Hurst  |  

UK law firm Harper Macleod announced on Monday it has joined forces with equity crowdfunding platform Crowdcube to bring equity crowdfunding benefits to more businesses in Scotland.  According to Harper Macleod, through this partnership, both organizations will co-operate to ensure equity crowdfunding is considered as… Read More