January 6, 2021 @ 8:51 am By Samantha Hurst  |  

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Wednesday it has teamed up with KABN Systems North America to launch KABN Visa card and digital banking solution. According to XTM, users of KABN’s Liquid Avatar platform will have the… Read More

January 5, 2021 @ 3:36 pm By Samantha Hurst  |  

CoinShares, a European digital asset investment firm, announced on Tuesday its XBT Provider line of exchange-traded products reached record trading volumes on Monday, January 4, 2021. CoinShares reported that with more than €162M ($202M) in XBT certificates changing hands traded on the market’s first day… Read More

January 5, 2021 @ 2:29 pm By Samantha Hurst  |  

  Oxbury Bank, a UK-based agricultural bank, is reportedly set to launch its banking platform. The banking group is notably planning to launch its platform after securing £15 million from the Duke of Westminister’s Wheatsheaf Group. Founded in 2018, Oxbury claims it is building the… Read More

January 5, 2021 @ 12:11 pm By Samantha Hurst  |  

  Hiro, a UK-based insurtech startup, announced on Tuesday it is planning to seek funds through equity crowdfunding platform Seedrs. The company describes itself as a home insurance challenger that helps customers to actively protect their home using smart technology instead of relying on compensation… Read More

January 5, 2021 @ 11:08 am By Samantha Hurst  |  

  TagPay, a France-based provider of a scalable and open core banking system technology specifically for financial service providers, announced on Tuesday it secured a €25 million investment from Long Arc Capital. TagPay reported that through the investment, Long Arc Capital takes a majority stake… Read More

January 5, 2021 @ 10:23 am By Samantha Hurst  |  

  Neat, a digital bank group based in Hong Kong, announced on Tuesday it has become a member of Visa and rolled out its new Neat Visa card. This announcement comes less than six months after Neat secured an additional $4 million extension of its… Read More

January 5, 2021 @ 10:13 am By Samantha Hurst  |  

  Divvy, a modern payment and expense management platform for businesses, announced on Tuesday it raised $165 million through its Series D investment round, which included participation from Hanaco, PayPal Ventures, Whale Rock, Schonfeld, NEA, Insight Venture Partners, Acrew, and Pelion. The investment round comes… Read More

January 5, 2021 @ 9:44 am By Samantha Hurst  |  

    InsurTech NY, an insurtech community that is located in the New York metro area, announced on Tuesday it has opened the application window for their annual .2021 InsurTech Early-Stage Competition. According to InsurTech NY, the competition will award $200,000 in prizes to three winning… Read More

January 5, 2021 @ 9:08 am By Samantha Hurst  |  

Liechtenstein Cryptoassets Exchange (LCX) announced on Tuesday the launch of its regulated and compliant digital currency exchange. LCX reported it secured approvals of eight licenses under the new blockchain laws in Liechtenstein last week. The LCX Exchange describes itself as a regulated trading venue offering a… Read More

January 5, 2021 @ 8:21 am By Samantha Hurst  |  

  U.S.-based fintech Broadridge Financial Solutions announced on Tuesday it has joined forces with SLIB, a software vendor in electronic voting and security services based in France, to offer a joint, cross-border proxy voting solution for Shareholder Rights Directive II (SRD II) compliance, covering European… Read More

January 4, 2021 @ 3:43 pm By Samantha Hurst  |  

Orbital Marine Power Ltd., the developer of the world’s “leading floating tidal turbine technology,” has successfully secured nearly £1.9 million through its equity crowdfunding campaign on Crowdcube. The funding round launched last month and early access investors were able to push Orbital Marine past its… Read More

January 4, 2021 @ 3:19 pm By Samantha Hurst  |  

Karshare, a UK-based car-sharing startup, has successfully secured its initial £1 million funding target and is now nearing £1.2 million through its equity crowdfunding campaign on Seedrs. The funding round launched last month and has already attracted 430 Seedrs investors. As previously reported, Karshare stated… Read More

January 4, 2021 @ 2:04 pm By Samantha Hurst  |  

  Venmo, a mobile payment service created by PayPal, announced on Monday the launch of its new check-cashing feature.  According to Venmo, Cash a Check enables the service’s community to access a “quick, easy, and secure” way to cash paper checks. The feature will also… Read More

January 4, 2021 @ 12:33 pm By Samantha Hurst  |  

    CRED, an India-based fintech startup, has reportedly secured $81 million through its Series C funding round, which was notably led by DST Global with participation from Sequoia Capital, Ribbit Capital, Tiger Global, and General Catalyst. The investment round brings CRED’s post-money valuation to… Read More

January 4, 2021 @ 11:45 am By Samantha Hurst  |  

  Hong Kong-based Crypto.com recently announced that users may now deposit ADA, ALGO, ATOM, VET, LINK, and WBTC as collateral on Crypto Credit, and instantly secure a loan at a 50% loan-to-value (LTV) ratio. According to Crypto.com, Crypto Credit allows users to monetize their crypto… Read More

January 4, 2021 @ 11:21 am By Samantha Hurst  |  

  AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has acquired Core Associates, the makers of TimberScan and complementary AP solutions. AvidXchange claims that through the acquisition, it is now one of the foremost… Read More

January 4, 2021 @ 10:23 am By Samantha Hurst  |  

Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Monday it recently surpassed $500 million in assets under management (AUM), after reporting $100 million in AUM on October 28th. As previously reported, Bitwise Asset Management claims it pioneered the first cryptocurrency index fund and is the leading… Read More

January 4, 2021 @ 9:14 am By Samantha Hurst  |  

Brighte, an Australia-based green energy fintech, recently announced it secured $100 million through its latest investment round. According to various media outlets, the round was led by Grok Ventures, the investment fund of Mike and Annie Cannon-Brookes. Founded in 2015, Brighte describes itself as a… Read More

January 3, 2021 @ 11:04 pm By Samantha Hurst  |  

  Governance.com, a Luxembourg-based fintech that provides technology-enabled governance solutions, has raised nearly €450,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to raise €250,000, has so far attracted more than 355 Crowdcube investors. As previously reported, Gorvernance.com was founded… Read More

January 3, 2021 @ 10:55 pm By Samantha Hurst  |  

Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, recently announced it will acquire Vigor Crypto Holdings, a cryptocurrency firm, as a wholly owned subsidiary under Xalles Capital Inc. Xalles notably claims that Vigor Crypto has been enhancing its cryptocurrency… Read More