February 17, 2021 @ 2:31 pm By Samantha Hurst  |  

UK-based equity crowdfunding platform Crowdcube celebrated its tenth birthday on Tuesday.  As previously reported, Crowdcube describes itself as a leading equity crowdfunding platform for entrepreneurs of startups and growing businesses to connect with potential investors. The portal notably is dedicated to helping UK entrepreneurs raise funds… Read More

February 17, 2021 @ 2:07 pm By Samantha Hurst  |  

  Mastercard announced on Wednesday it has joined forces with Island Pay to launch the Bahamas Sand Dollar prepaid digital currency-linked card. Mastercard revealed that under the program, the Bahamas Sand Dollar card allows people the option to instantly convert the digital currency to traditional… Read More

February 17, 2021 @ 1:58 pm By Samantha Hurst  |  

  Kalshi, a U.S.-based federal regulated exchange dedicated to trading on event outcomes, announced on Wednesday it secured $30 million through its Series A funding round, which was led by Sequoia Sequoia Capital with participation from Charles Schwab, Chairman of Charles Schwab Corporation, Henry Kravis,… Read More

February 17, 2021 @ 12:39 pm By Samantha Hurst  |  

Future FinTech Group Inc. (NASDAQ: FTFT) announced on Wednesday it has formed a partnership with the School of Economics Finance of Xi’an Jiaotong University to establish a blockchain finance research institute.  According to Future Fintech, the Blockchain Finance Institute will carry out research and cooperation… Read More

February 17, 2021 @ 11:57 am By Samantha Hurst  |  

  InsurePay, a U.S.-based workers’ compensation administration and insurance premium billing platform for insurance providers, announced on Wednesday it raised $5 million through its Series A investment round, which was led by FINTOP Capital. Founded in 2003, InsurePay claims it delivers world-class solutions in the… Read More

February 17, 2021 @ 11:21 am By Samantha Hurst  |  

    National Bank of Bahrain (NBB) announced on Wednesday it has teamed up with banking tech provider Backbase to launch its new digital banking platform. According to NBB,  the partnership has enabled the bank to expand its retail banking offering by providing an upgraded… Read More

February 17, 2021 @ 10:37 am By Samantha Hurst  |  

SeedFi, a U.S.-based fintech, has reportedly secured $65 million through its Series A funding round and debt financing. According to Crunchbase News, the company raised $15 million Series A funding and $50 million in debt. Founded in 2019, SeedFi stated it is building a new generation… Read More

February 17, 2021 @ 9:03 am By Samantha Hurst  |  

TrueNorth, a global fintech software development company, recently announced it has formed a new partnership with Codat, a technology company that connects the internal systems of small businesses to financial institutions, including fintechs. According to TrueNorth,  the collaboration provides Codat’s FI clients with direct access… Read More

February 17, 2021 @ 8:27 am By Samantha Hurst  |  

PayDashboard, a UK-based interactive payslip platform, announced on Wednesday the launch of its new financial wellbeing marketplace, Moneysmart. According to PayDashboard, the marketplace smart matches consumers with a range of suitable financial products and services based on their lifestyles, attitudes to money and financial situations…. Read More

February 16, 2021 @ 4:12 pm By Samantha Hurst  |  

  U.S. insurtech startup Kin Insurance announced on Tuesday it has surpassed $10 billion in total insured property value. Kin reported that it saw a 400% increase in direct written premiums of the fourth quarter of 2020 over the past year. It also saw a… Read More

February 16, 2021 @ 3:59 pm By Samantha Hurst  |  

  U.S.-based cryptocurrency exchange PayBito recently announced it has been experiencing record signups after Bitcoin crosses the $40,000 mark. The latest milestone comes just weeks after PayBito announced its plans to double its workforce across multiple locations worldwide. “Owing to an enhanced crypto portfolio, PayBito experienced a… Read More

February 16, 2021 @ 3:44 pm By Samantha Hurst  |  

  Lumio, a UK-based personal financing app, has successfully surpassed its initial £250,000 funding target through its equity crowdfunding campaign on Crowdcube.  Founded in 2017, Lumio describes itself as a “intelligent financial mentor” that uses tailor-made technology grow money around the app user’s lifestyle within minutes. “Lumio… Read More

February 16, 2021 @ 2:09 pm By Samantha Hurst  |  

  Venmo announced on Tuesday its Venmo Credit Card is now available for all eligible Venmo customers to apply, straight from the Venmo app. As previously reported, the Venmo credit card is issued by Synchrony (NYSE: SYF) and powered by the Visa network, gives customers automatic… Read More

February 16, 2021 @ 2:03 pm By Samantha Hurst  |  

    Celsius Network, a cryptocurrency lending and borrowing platform, announced on Tuesday it has distributed cryptocurrency rewards in value of over $250 million (in today’s value) to its more than 415,000 users. According to Celsius, customers may hold their digital assets in their Celsius wallet… Read More

February 16, 2021 @ 12:31 pm By Samantha Hurst  |  

Fireblocks, an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets, announced on Tuesday it has joined forces with payments platform First to create a secure wallet and infrastructure for financial institutions to connect to the Diem network to facilitate transactions, enabling clients to utilize… Read More

February 16, 2021 @ 11:13 am By Samantha Hurst  |  

  Percayso, a UK-based insurance intelligence provider, has successfully secured its minimum £400,000 funding target through its crowdfunding campaign on Seedrs. The funding round has so far attracted nearly 150 Seedrs investors. Founded in 2018, Percayso states its insurance intelligence goes beyond traditional data enrichment by… Read More

February 16, 2021 @ 10:33 am By Samantha Hurst  |  

  UK challenger bank Monzo announced on Monday it is asking the UK government to make are the country’s citizens may have access to gambling blocks. According to Monzo, around two million people in Britain are experiencing harm caused by gambling, which includes getting into… Read More

February 16, 2021 @ 9:38 am By Samantha Hurst  |  

  Propertybase, a U.S.-based real estate software provider, announced on Tuesday it has acquired Cross Media, LLC, producer of Unify, a full suite mortgage-specific business growth platform. According to Propertybase, Unify offers a “turnkey platform with the richest” set of tools to identify and concert… Read More

February 16, 2021 @ 8:19 am By Samantha Hurst  |  

    Atom Bank, a UK-based mobile bank, announced on Tuesday it has joined forces with UK fintech Plaid  to roll out open banking services to its customers, beginning with offering small business owners a new loan application journey and speedier decisions. “Initially Plaid will… Read More

February 15, 2021 @ 3:25 pm By Samantha Hurst  |  

      Raqamyah, a Saudi-based peer-to-peer (P2P) lending platform operating under Saudi Arabian Monetary Authority (SAMA) Sandbox environment, has reportedly raised $2.3 million through its latest investment round, which was led by Impact46 with participation from Vision Ventures, Mad’a Investment, Alyusur Company, Fadeed Investment,… Read More