February 5, 2021 @ 1:50 pm By Samantha Hurst  |  

      Less than five years after raising £837,160 through its previous Crowdcube campaign, virtual school-gate community, Classlist, has returned to the equity crowdfunding platform and has already doubled its initial £250,000 funding target. The funding round has already attracted nearly 540 Crowdcube investors. As… Read More

February 5, 2021 @ 1:34 pm By Samantha Hurst  |  

  Uhive, a UK-based cryptocurrency-powered social network, has raised more than £662,0000 through its equity crowdfunding campaign on Seedrs. The funding round, which launched month, sought to secure a minimum of £500,000, has attracted nearly 400 Seedrs investors. As previously reported,  Uhive describes itself as a… Read More

February 5, 2021 @ 1:26 pm By Samantha Hurst  |  

    SEBA Bank, a Switzerland-headquartered digital asset bank that holds regulatory licensing, announced on Friday it has added discretionary mandates to its investment solutions suite. According to SEBA, Mandates on digital assets are a “natural extension” of the bank’s asset management capabilities and a… Read More

February 5, 2021 @ 10:54 am By Samantha Hurst  |  

Barclays announced on Thursday it has joined forces with UK-based online pension provider Smart Pension to provide its network of 1,100 businesses with access to the Smart Pension platform. “Businesses that sign up through Barclays will be able to offer their employees access to the… Read More

February 5, 2021 @ 8:22 am By Samantha Hurst  |  

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday it is set to launch its payment solution as a continuation of the Black Fox restaurant management tracking app. According to XTM, BlackFox is an application developed exclusively for restaurant… Read More

February 5, 2021 @ 8:12 am By Samantha Hurst  |  

  UK-based mobile payments company SumUp recently announced it has acquired European gastronomy merchant digital services Tiller.  The company announced the acquisition just after it revealed it acquired core banking solutions provider, Paysolut. Speaking about the acquisition, SumUp released a statement stating: “As a leading player in… Read More

February 4, 2021 @ 9:39 pm By Samantha Hurst  |  

U.S. banking group Vast Bank announced on Thursday it has teamed up with cryptocurrency exchange platform Coinbase to complete an end-to-end cryptocurrency transaction. The bank claims it is the first nationally chartered financial institution to both purchase and provide custody services for a digital asset on… Read More

February 4, 2021 @ 9:28 pm By Samantha Hurst  |  

Crush Capital, a U.S.-based Fintech, announced on Wednesday it raised $3.25 Million through its latest seed funding round to accelerate its interactive streaming service Going Public and advancing its goal to bring IPO investing to the public. Co-founded by Darren Marble and Todd Goldberg in… Read More

February 4, 2021 @ 4:40 pm By Samantha Hurst  |  

Vested Finance, an online investment platform that enables Indian investors to invest in the U.S. stock market, announced on Thursday it raised $3.6 million through its latest seed funding round, which saw participation from Moving Capital, Ovo Fund, TenOneTen Ventures, Inflection Point Ventures, and Venture… Read More

February 4, 2021 @ 3:05 pm By Samantha Hurst  |  

Marlette Funding, LLC, an online consumer lending platform, service provider, announced on Thursday it is expanding its Best Egg suite of lending products, including the addition of a new credit card program in 2021. According to Marlette Funding, the new Visa credit card will offer… Read More

February 4, 2021 @ 10:56 am By Samantha Hurst  |  

  PayPal Holdings, Inc. (NASDAQ: PYPL) announced this week the release of its fourth quarter and full-year 2020 results. Despite the COVID-19 pandemic, PayPal reported that 2020 has the strongest performance in the payment platform’s history, with Total Payment Volume (TPV) being $936 billion, growing 31%… Read More

February 4, 2021 @ 10:15 am By Samantha Hurst  |  

    Lockstep, a U.S.-based connected accounting cloud, announced on Wednesday it secured $10 million through its Series A funding round, which was led by Point72 Ventures with participation from Clocktower Ventures and Revel Partners. Founded in 2019, Lockstep stated it has helped more than 180… Read More

February 4, 2021 @ 9:33 am By Samantha Hurst  |  

  Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a Canada-based digital payments and financial technology company, announced on Thursday its wholly-owned subsidiary, Carta Worldwide, has expanded into Japan in support of the TransferWise launch of its multi-currency debit card in the country. According to Mogo, Carta’s modern open-API issuer… Read More

February 4, 2021 @ 8:32 am By Samantha Hurst  |  

    Digital banking group Varo Bank announced on Thursday it has unveiled a new brand identity and a groundbreaking new campaign, “A bank for all of us,” as part of its first multi-million dollar, integrated brand launch across TV, radio, and out of home in… Read More

February 3, 2021 @ 3:58 pm By Samantha Hurst  |  

  kompany, an Austria-based regtech, announced on Tuesday it has launched its newest anti-money laundering compliance solution that is designed to ease ultimate beneficial ownership (UBO) discovery for regulated entities across the world. According to kompany, UBO Discovery applies artificial intelligence (AI) to analyze unstructured shareholder… Read More

February 3, 2021 @ 2:36 pm By Samantha Hurst  |  

UK-based mobile payments company SumUp announced on Tuesday it has acquired core banking solutions provider, Paysolut. Paysolut reported that it serves future unicorns of fintech by providing its mobile banking platform to run their businesses on. The company has already been working with SumUp for the past… Read More

February 3, 2021 @ 1:33 pm By Samantha Hurst  |  

  U.S. fintech Balance announced on Wednesday it has officially launched its digital checkout platform specifically for B2B business. Founded in 2020, Balance describes itself as a B2B payments experience company and through its platform, any merchant, marketplace, or SaaS company that sells goods and services… Read More

February 3, 2021 @ 12:21 pm By Samantha Hurst  |  

    Uphold, a U.S.-based digital finance platform, announced on Wednesday it is set to launch crypto-enabled credit/debit cards across Europe, following its acquisition of debit ad credit card issuer Optimus Cards UK. According to Uphold, Optimus is Electronic Money Institution (EMI) regulated by the… Read More

February 3, 2021 @ 11:28 am By Samantha Hurst  |  

  TenureX, an Israel-based fintech startup, announced on Wednesday it has kicked off its pre-seed financing round by accepting a $1 million investment from VentureIsrael. According to TenureX, VentureIsrael will be partnering with previous investors Plug and Play and Hack VC. Founded in 2020, TenureX… Read More

February 3, 2021 @ 10:41 am By Samantha Hurst  |  

    Galileo, the API standard for card issuing and digital banking, and a subsidiary of Social Finance, Inc. (SoFi) announced on Wednesday there has been significant growth and increased demand for its new product, Galileo Instant, in its first six months on the market. Galileo… Read More