November 16, 2020 @ 10:19 am By Samantha Hurst  |  

UK-based group collects platform Collection Pot announced on Monday it has expanded its services into Ireland. Founded in 2014, Collection Pot offers a personalized way to collect money for any occasion or charity. “Personalise your collection by adding an image, share the reason for your… Read More

November 16, 2020 @ 9:02 am By Samantha Hurst  |  

Griffin, a UK-based banking as a service (BaaS) provider, announced on Monday it secured £6.5 million through its latest investment round led by EQT Ventures with participation  Seedcamp, Tribe Capital, Paul Forster (co-founder Indeed.com), Matt Robinson (co-founder Go-Cardless/Nested), and Carlos Gonzalez-Cadenas (Partner at Index Ventures, former… Read More

November 16, 2020 @ 8:23 am By Samantha Hurst  |  

BBVA announced on Monday it has agreed to sell to PNC its subsidiary in the U.S. for approximately $11.6 billion (€9.7 billion) in cash. According to BBVA, the selling amount represents 19.7 times the unit’s 2019 earnings, which is almost 50% of BBVA’s current market capitalization. BBVA… Read More

November 15, 2020 @ 10:28 pm By Samantha Hurst  |  

  Atherton Bikes, a UK-based mountain biking brand, has raised more than £1.1 million through its equity crowdfunding campaign on Crowdcube. The funding round made its debut recently and quickly secured its initial £600,000 funding target. Founded by Dan, Gee, and Rachel Atherton, Atherton Bikes… Read More

November 15, 2020 @ 10:20 pm By Samantha Hurst  |  

U.S.-based insurtech TrustLayer recently announced it has been named strategic partner for MarshBerry’s connect platform. According to TrustLayer, the connect platform is a new category of independent distribution that helps insurance firms leverage scope, scale, and resources to maximize growth through business intelligence, resource optimization, and… Read More

November 15, 2020 @ 9:59 pm By Samantha Hurst  |  

Fortu Wealth, a UK-based digital platform solution designed for wealthy individuals and their businesses, has quickly secured its initial £230,000 through its equity crowdfunding campaign on Seedrs. The funding round recently launched and has already attracted 255 Seedrs investors. Founded in 2019, Fortu describes itself… Read More

November 15, 2020 @ 9:49 pm By Samantha Hurst  |  

Phytotecnia, a New Zealnd-based medicinal cannabis company, launched its equity crowdfunding campaign publicly through PledgeMe on Monday. The investment raised more than $300,000 privately days prior to the launch.  Founded in 2019, Phytotecnia was created by Irene López-Ubiria and Álvaro Vidiella-Salaberry, who were also part… Read More

November 13, 2020 @ 10:18 pm By Samantha Hurst  |  

  PayPal (NASDAQ: PYPL) announced on Thursday it has introduced an Amex Send and Split feature. The company reported that this is a new way for it and Venmo customers to send money and split purchases. “We’re always looking for new and exciting ways to make… Read More

November 13, 2020 @ 9:47 pm By Samantha Hurst  |  

Glint Pay Inc. (Glint), a subsidiary of the U.K.-based fintech company that makes gold an alternative global currency by enabling its clients to buy, sell, save and spend their physical gold instantly through the Glint Debit Mastercard and Glint App, reportedly secured £2.5 million through… Read More

November 13, 2020 @ 5:22 pm By Samantha Hurst  |  

HUUB, a UK-based premium endurance sports apparel brand, is set to close its equity crowdfunding campaign on Crowdcube with more than  £1.16 million raised. The funding round was launched last month, originally seeking £250,000. Founded in 2012, HUUB aims to create “better wetsuit products” that… Read More

November 13, 2020 @ 5:10 pm By Samantha Hurst  |  

Laka, a collective-based insurer of cyclists, quickly secured its initial £1 million funding target through its equity crowdfunding campaign on Seedrs.  As previously reported, Laka has developed an insurance model in which customers only pay for the true cost of cover. At the end of each month,… Read More

November 13, 2020 @ 10:02 am By Samantha Hurst  |  

U.S.-based cryptocurrency exchange PayBito announced on Friday it has upgraded its trading platform by offering new features for an improved user experience. According to PayBito, the new enhancements include a global order book for the traders to receive direct market access. “The direct market access by PayBito… Read More

November 13, 2020 @ 9:24 am By Samantha Hurst  |  

Kuda, a Nigeria-based digital-only banking startup, announced earlier this week it secured $10 million through its latest investment round, which was led by European venture capital Target Global, with participation from Entrée Capital and SBI Investment. Founded in 2018 and launched in 2019, Kuda describes itself as… Read More

November 13, 2020 @ 8:18 am By Samantha Hurst  |  

    Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has launched Rapyd Protect, which is a fraud solution designed to protect businesses and consumers against fraud across countries and payment methods. According to Rapyd, Rapyd Protect is a fraud… Read More

November 12, 2020 @ 9:42 pm By Samantha Hurst  |  

Applied Data Finance, LLC (ADF), a “technology-enabled lender” and asset manager, announced on Thursday it raised $14.2 million through its latest investment round Founded in 2014, Applied Data Finance is the parent of consumer lending brand Personify Financial. The company stated it combines four unique… Read More

November 12, 2020 @ 9:30 pm By Samantha Hurst  |  

Global blockchain payments provider BitPay announced on Thursday the launch of BitPay Send. According to BitPay, BitPay Send is described as a new mass payout service that enables organizations of all sizes to pay employees, affiliates, customers, vendors, contractors, and others with cryptocurrency. The service… Read More

November 12, 2020 @ 9:21 pm By Samantha Hurst  |  

  Open banking platform Railsbank announced on Thursday it secured $37 million as part of continued equity funding to support its global growth and product expansion. According to Railsbank, MiddleGame Ventures and Ventura Capital co-led the round, with Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan,… Read More

November 12, 2020 @ 4:25 pm By Samantha Hurst  |  

AlphaFlow, an online investment platform for real estate assets,  announced on Thursday it secured $10 million through Series A funding round, which was led by Saluda Grade Ventures with participation from Y Combinator, 10X Capital, Resolute Ventures, Upside Partnership, Vishal Garg (CEO of Better Mortgage),… Read More

November 12, 2020 @ 10:50 am By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Thursday it has introduced cross-border commerce for its merchant partners. Afterpay reported that specifically, merchants may open their e-commerce sites to Australian, British, Canadian, and New Zealand shoppers. According to Aftepay… Read More

November 12, 2020 @ 10:41 am By Samantha Hurst  |  

  U.S. fintech Galileo announced on Thursday it has teamed up with Dave, a mobile banking app, to power digital banking accounts. According to the duo, Dave selected Galileo’s  API platform as the “technical backbone” to deliver its Dave Banking product. Dave Banking offers customers… Read More