December 10, 2020 @ 10:38 pm By Samantha Hurst  |  

Pockit, a UK-based all-in-one financial membership, is now nearing £875,000 through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month, originally seeking £500,000. As previously reported, Pockit offers its 500,000 registered users access to a current account they can open in… Read More

December 10, 2020 @ 3:33 pm By Samantha Hurst  |  

Boast.ai, a U.S.-based software innovator whose flagship product automates the complex process of claiming R&D tax credits in the US and Canada, announced on Thursday it secured $23 million through its Series A funding round, which was led by Radian Capital. Founded in 2011, Boast.ai… Read More

December 10, 2020 @ 3:16 pm By Samantha Hurst  |  

Payments platform Adyen (AMS: ADYEN) announced on Thursday it has expanded its collaboration with Microsoft to accelerate payments innovation for both companies with the launch of Adyen Network Token Optimization. According to Adyen, the duo has been working together since July 2015, starting with European acquiring. Today,… Read More

December 10, 2020 @ 10:14 am By Samantha Hurst  |  

Mortgage marketplace lender LendingHome announced on Thursday it has appointed Michel Bourque as its new CEO and has secured $75 million through its Series E investment round, which was led by Benefit Street Partners. According to LendingHome,  Bourque will assume day-to-day leadership of the company and… Read More

December 10, 2020 @ 9:18 am By Samantha Hurst  |  

Southwestern Asian banking group DBS announced on Thursday it will set up a digital exchange. The exchange will notably allow institutional investors, as well as accredited investors, to tap into a fully integrated tokenization, trading, and custody ecosystem for digital assets. DBS further revealed that… Read More

December 10, 2020 @ 8:45 am By Samantha Hurst  |  

    Next Insurance, an insurtech seeking to transform small business insurance, announced on Thursday it has acquired Juniper Labs, a provider of alternative open data and underwriting technology focused on small businesses. Next Insurance reported that it and Juniper Labs will continue to develop… Read More

December 10, 2020 @ 8:31 am By Samantha Hurst  |  

OpenFin, the operating system (OS) of finance, announced on Wednesday it secured a strategic investment from SC Ventures, the innovation, fintech investment and ventures arm of international banking group, Standard Chartered. According to OpenFin, the investment’s funds will accelerate new product development and brings OpenFin’s… Read More

December 9, 2020 @ 4:01 pm By Samantha Hurst  |  

  Karshare, a UK-based car-sharing startup, is now seeking £1 million through its equity crowdfunding campaign on Seedrs. Founded earlier this year, Karshare stated it is creating a more sustainable, shared future, where having a car is seen as a choice and not a necessity…. Read More

December 9, 2020 @ 2:43 pm By Samantha Hurst  |  

Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, announced on Wednesday it has completed its acquisition of Giact Systems, LLC (GIACT). Refinitiv recently revealed that the acquisition will boost its existing risk and… Read More

December 9, 2020 @ 1:29 pm By Samantha Hurst  |  

  Canadian banking group Scotiabank announced on Wednesday it is offering real-time payments for all business banking customers using flexible routing options like an account number or email address, using Interac e-Transfer for Business. According to Scotiabank, transactions are processed in real-time, with confirmation of… Read More

December 9, 2020 @ 1:15 pm By Samantha Hurst  |  

SC Ventures, the innovation and ventures unit of Standard Chartered, announced on Wednesday it has teamed up with Northern Trust, a provider of asset servicing, to launch Zodia Custody, an institutional-grade custody solution for cryptocurrencies. According to the duo, Zodia is designed to enable institutions… Read More

December 9, 2020 @ 11:45 am By Samantha Hurst  |  

  Bill.com, a business payments and software platform provider, announced on Wednesday it has teamed up with Wells Fargo & Company (NYSE: WFC) to introduce Bill Manager, which is a new joint offering now available to help automate and simplify the accounts payable and receivable… Read More

December 9, 2020 @ 10:32 am By Samantha Hurst  |  

Plastiq, a U.S.-based intelligent payments solution for small businesses, announced on Wednesday it has teamed up with global payables automation platform Tipalti to enable commercial businesses to use their corporate credit cards to pay suppliers, even if the suppliers don’t accept credit cards. According to… Read More

December 9, 2020 @ 9:20 am By Samantha Hurst  |  

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it has completed its 2.0 Fintech Platform after a year of development. According to XTM,  the enhanced platform and mobile app have every feature you would expect in a neo… Read More

December 9, 2020 @ 9:08 am By Samantha Hurst  |  

Betterment, the largest independent online financial advisor, announced on Tuesday it has appointed Sarah Kirshbaum as its new CEO. Levy will notably be replacing Betterment’s founder, Jon Stein.  According to Betterment, Levy previously served as Viacom Media Networks’ Chief Operating Officer and has been an… Read More

December 9, 2020 @ 8:03 am By Samantha Hurst  |  

  Xoom, PayPal’s international money transfer service, announced on Tuesday it may now send secure and convenient money transfers directly to mobile wallets in markets across Africa with a focus on the underbanked segment. Xoom reported that the new service expands the company’s offering to… Read More

December 8, 2020 @ 3:36 pm By Samantha Hurst  |  

    UK fintech GeoDB has successfully secured £2,3 million through its latest equity crowdfunding campaign on Seedrs, which has attracted nearly 400 Seedrs investors. The funding round was recently launched and quickly secured its initial £2 million funding target.  As previously reported, GeoDB is… Read More

December 8, 2020 @ 3:23 pm By Samantha Hurst  |  

  HumanForest, a UK-based electric city bike company, has successfully secured its initial £1.2 million funding target through its equity crowdfunding campaign on Crowdcube. The funding round was launched last month and has attracted near 450 Crowdcube investors. As previously reported, HumanForest partners with companies… Read More

December 8, 2020 @ 2:13 pm By Samantha Hurst  |  

BitGo Prime, a digital asset financial services company to offer a deeply integrated solution with lending, trading, and custody, announced on Tuesday its Capital Introduction Services (Cap Intro) for its premier clients who seek to optimize their investment strategies. BitGo Prime reported that through a… Read More

December 8, 2020 @ 12:32 pm By Samantha Hurst  |  

  At-Bay, a U.S.-based insurtech startup, announced on Tuesday it secured $34 million through its Series C funding round, which was led by Qumra Capital with participation from Microsoft’s venture fund M12. The company notably raised a total of $74 million in 2020 alone, having… Read More