October 12, 2017 @ 11:04 am By Samantha Hurst  |  

Chinese fintech company PINTEC Group announced on Wednesday the launch of its new digital wealth management technology services, PIVOT. The company revealed that PIVOT is its first venture outside of China and is in part backed by pan-Asian life insurer, FWD Group and angel investors…. Read More

October 12, 2017 @ 10:09 am By Samantha Hurst  |  

Japan-based fintech firm QUOINE announced on Thursday it has entered into a Memorandum of Understanding (MOU) with ULS Group to create the QASH Blockchain. According to QUOINE, the QASH token is based on the Ethereum blockchain for the ICO, but the company will do a token swap to utility tokens based on the… Read More

October 12, 2017 @ 8:37 am By Samantha Hurst  |  

U.S.-based Keen Home is set to close its dual equity crowdfunding campaign on SeedInvest and Crowdcube later this evening with nearly £3 million from more than 300 investors. The campaign was launched last month and quickly secured its initial £570,000 funding target. As previously reported,… Read More

October 12, 2017 @ 8:20 am By Samantha Hurst  |  

bitJob announced on Wednesday it has secured $2 million to launch its global, decentralized marketplace for student employment powered by blockchain technology. According to the company, the new marketplace is offering students the opportunity to earn income and sharpen their skills while enriching their resumes,… Read More

October 11, 2017 @ 3:43 pm By Samantha Hurst  |  

Elevate Credit, Inc., a tech-enabled provider of online credit solutions for non-prime consumers, announced on Wednesday its RISE product is now offering lines of credit in the state of Tennessee. This news comes just after the product’s successful line of credit launch in Kansas and it makes Tennessee the 17th state that… Read More

October 11, 2017 @ 3:29 pm By Samantha Hurst  |  

Marketplace lending platform LendingHome announced on Wednesday it has expanded operations by opening its new office in Pittsburgh. The online lender revealed it plans to bring a total of 50 well-paying financial technology jobs to Pittsburgh over the next year.  Co-Founder and CEO Matt Humphrey, who is Pittsburgh native… Read More

October 11, 2017 @ 3:13 pm By Samantha Hurst  |  

Digital payments platform Alt Thirty Six announced on Wednesday has selected Dash as a method of transaction between consumers, merchants, suppliers, and vendors in new retail sectors. The company revealed it will provide a new technology, the 36 platform, which allows industries to accept Dash as a faster… Read More

October 11, 2017 @ 2:29 pm By Samantha Hurst  |  

On Wednesday, digital alternative provider Finova Financial announced the launch of an industry-first prepaid card, the Finova Automobile-Secured Prepaid Card. The company stated that unlike traditional prepaid cards, the Finova Prepaid Card allows consumers to use cash or equity from their automobile to fund the… Read More

October 11, 2017 @ 1:46 pm By Samantha Hurst  |  

On Wednesday, XBT Provider by CoinShares announced two of its newly launched ether tracking will exchange traded notes on the NASDAQ Stockholm. According toXBT Provider, the two ETNs, COINETH, and COINETHE are denominated in SEK and EUR respectively. In similar fashion to the group’s bitcoin ETNs,… Read More

October 11, 2017 @ 12:08 pm By Samantha Hurst  |  

On Wednesday, equity crowdfunding platform Crowdcube announced it was teaming up with Xoogler to deliver insight in early funding strategies, which will including using the crowdfunding method. The event will allow attendees to discuss learnings and ask questions with a panel of founders, VCs, and experienced… Read More

October 11, 2017 @ 8:48 am By Samantha Hurst  |  

Canadian fintech Dream Payments announced on Tuesday Staples has joined its recently launched Dealership Program. The company revealed that under the partnership, its mobile point-of-sale (POS) debit/credit card terminal will now be able for purchase on Staples’ website. While sharing details about the new partnership,… Read More

October 11, 2017 @ 8:36 am By Samantha Hurst  |  

On Tuesday, Biz2Credit announced the release of its latest monthly analysis, which revealed that Business loan approval rates at big banks ($10 billion-plus in assets) hit another post-recession high in September 2017. According to the report, Small business loan approval rates at big banks improved two-tenths of… Read More

October 11, 2017 @ 8:25 am By Samantha Hurst  |  

Chicago-based fintech firm and socially responsible online lender OppLoans announced on Tuesday the opening of its new Windy City headquarters. The company revealed that Chicago Mayor Rahm Emanuel made an appearance and even cut the ribbon to the office. During his presentation, Mayor Emanuel stated:… Read More

October 11, 2017 @ 8:16 am By Samantha Hurst  |  

On Wednesday, global crowdfunding platform GoFundMe announced it has dedicated a crowdfunding to those affected by the wildfires in California. The funding portal stated that each initiative is under the GoFundMe Guarantee, which ensures that all funds go to the right place. It was revealed: “It’s… Read More

October 10, 2017 @ 4:15 pm By Samantha Hurst  |  

San Francisco-based fintech Ripple announced on Tuesday more than 100 financial institutions have joined its blockchain network, RippleNet. This news comes less than a month after the company opened its new Singapore office. Speaking about the blockchain network’s milestone, Ripple’s CEO Brad Garlinghouse, stated: “Global payments are undeniably going… Read More

October 10, 2017 @ 3:54 pm By Samantha Hurst  |  

La Caisse de dépôt et placement du Québec announced on Tuesday it has formed a partnership with the Desjardins Group to launch a new fintech investment fund. The creation of this fund was announced during the Canada FinTech Forum According to the Canadian companies, the funds… Read More

October 10, 2017 @ 3:04 pm By Samantha Hurst  |  

The City of London announced on Tuesday it will present its latest report, The Value of Fintech later this week. The City revealed it teamed up with KPMG for the report. The organizations revealed that the report, which was commissioned by the City and was produced… Read More

October 10, 2017 @ 2:05 pm By Samantha Hurst  |  

The State Bank of India (SBI) announced on Tuesday it has formed a partnership with Moody’s Analytics to provide bank-wide credit certification to SBI’s employees enabling them to source, appraise, and monitor loans faster. According to SBI, the initiative enhances the bank’s market-leading credit curriculum with the globally recognized expertise of Moody’s Analytics. It also… Read More

October 10, 2017 @ 1:00 pm By Samantha Hurst  |  

Less than two years after raising £1.3 million through its first Crowdcube campaign, Crowdfunder UK has returned to the equity crowdfunding platform to raise £750,000 as it prepares to grow its partner network and further develop its reward-based funding portal. Founded in 2014, Crowdfunder UK… Read More

October 10, 2017 @ 12:36 pm By Samantha Hurst  |  

On Tuesday, Deutsche Bank announced it has started implementation for its Artificial Intelligence- Client Communication Center (AI-C³), which will be based on IBM Watson in the German language. While sharing details about AI-C³, the bank revealed: “Deutsche Bank has completed successfully internal Proof-of-Concepts with the IBM partner… Read More