November 6, 2020 @ 8:30 am By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Friday it has appointed Leigh Ramsden as its new Chief Financial Officer. According to Trulioo, Ramsden has more than 20 years of financial analysis and progressive leadership experience and will succeed Anne Lawlor, who will be… Read More

November 5, 2020 @ 10:49 pm By Samantha Hurst  |  

Clim8, an App-based startup for sustainable investing, is set to close its latest equity crowdfunding round on Crowdcube with more than £1.65 million raised from nearly 1400 Crowdcube investors. The campaign launched last month originally seeking £400,000. As previously reported, Clim8 is looking to capitalize… Read More

November 5, 2020 @ 10:15 pm By Samantha Hurst  |  

PayPal (NASDAQ: PYPL) recently announced it will invest $50 million in eight early-stage, Black and Latinx-led venture capital funds, which are Chingona Ventures; Fearless Fund; Harlem Capital; Precursor Ventures; Slauson & Co.; VamosVentures; Zeal Capital Partners; and one additional fund. According to PayPal, the investments are part of the payment platform’s mission to… Read More

November 5, 2020 @ 4:02 pm By Samantha Hurst  |  

Luxembourg-based Nadifin Fintech Accelerator announced earlier this week its 2020 cohorts. According to Nadifin, more than 120 applications from all around the world were submitted and ten early-stage fintech companies were selected. Founded in 2019, the NadiFin Acceleration program is powered by MiddleGame Ventures and… Read More

November 5, 2020 @ 3:49 pm By Samantha Hurst  |  

German-based fintech startup Vivid Money announced on Thursday it secured €15 million through its Series A funding round, which was led by venture capital firm Ribbit Capital. The investment brings Vivid Money’s valuation to €100 million. Launched earlier this year, Vivid Money stated it offers… Read More

November 5, 2020 @ 2:47 pm By Samantha Hurst  |  

Global fintech infrastructure platform, Nium, announced on Thursday it has appointed Frederick Crosby as its new Chief Revenue Officer. The appointment comes less than two weeks after Nium it is expanding its services into Africa and the Middle East. According to Nium, Crosby has nearly… Read More

November 5, 2020 @ 11:06 am By Samantha Hurst  |  

PayPoint, a UK-based store payment system for consumers and retail service, announced on Thursday it has agreed to acquire Handepay Limited and Merchant Rentals Limited, leading card payments and card terminal leasing businesses, from a consortium of private investors. PayPoint reported it is expected to… Read More

November 5, 2020 @ 10:02 am By Samantha Hurst  |  

India-based banking group ICICI Bank announced on Thursday the launch of “Mine,” which is a comprehensive banking program for millennial customers. The banking group reported that Mine offers an instant savings account. Icici Bank reported that it integrated with the investment platform of Sqrrl with… Read More

November 5, 2020 @ 8:54 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Wednesday it secured Adaptive (Tier 4) rating from the National Institute of Standards and Technology (NIST) Cybersecurity Framework and the latest NIST Privacy Framework, developed by the US Department of Commerce. The crypto portal claims that it is the… Read More

November 4, 2020 @ 3:48 pm By Samantha Hurst  |  

  NOW Money, a UAE-based digital account service, announced on Wednesday it has joined forces with Visa to provide low-income customers in the Gulf region access to its full-service digital banking solution. Founded in 2015, NOW Money claims it uses “cutting-edge” mobile technology to improve… Read More

November 4, 2020 @ 3:22 pm By Samantha Hurst  |  

BBVA announced on Wednesday it has teamed up with Amazon Web Services (AWS) and Bloomberg to developed a new cloud-based technology for the equity markets area of its Corporate and Investment Banking unit. BBVA reported that it has created BBVA C-fit, which is a platform built… Read More

November 4, 2020 @ 1:53 pm By Samantha Hurst  |  

UnionPay International (UPI), a China-based payment platform, has reportedly teamed up with Korean payment portal Danal to launch a new pre-paid card specifically for travelers. South China Morning Post reported that the pre-paid card will be accessible through Danal’s payment app, Paycoin Wallet, and will… Read More

November 4, 2020 @ 1:02 pm By Samantha Hurst  |  

BlocPal, digital transaction platform, has teamed up with Indian entrepreneur Shashank Joshi to create a new India-based fintech startup, mBnk. According to the duo, mBnk will initially focus on allow premium retailer locations in both rural and semi-urban areas to provide essential financial and banking… Read More

November 4, 2020 @ 11:48 am By Samantha Hurst  |  

Options, a provider of cloud-enabled managed services for the global capital markets, announced on Wednesday it has extended its Registered Vendor status to Cboe’s European equities market. Options noted it already holds Registered Vendor status for Cboe’s US equities markets. “In partnering with Cboe, one… Read More

November 4, 2020 @ 10:27 am By Samantha Hurst  |  

Management and technology consultancy BearingPoint announced on Wednesday it is selling its independent Regulatory Technology (RegTech) business unit to private equity investor Nordic Capital. According to BearingPoint, the acquisition is a result of a strategic process to enable accelerated growth for the unit as a… Read More

November 4, 2020 @ 10:20 am By Samantha Hurst  |  

    Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Wednesday it has officially completed its acquisition of Eurobits, which is a provider of account aggregation services working with various banks and fintechs. The acquisition was originally announced in… Read More

November 4, 2020 @ 8:27 am By Samantha Hurst  |  

Bank of Ireland announced on Tuesday it is now offering Apple Pay to its customers.  The banking group claims that Apple Pay is a safer, more secure and private way to pay that helps customers avoid handing their payment cards to someone else, touching physical… Read More

November 3, 2020 @ 3:54 pm By Samantha Hurst  |  

  Just a little over a year after securing nearly £1.2 million through its previous Crowdcube campaign, UK-based environmentally-friendly product designer and manufacturer PALLITE has returned to the equity crowdfunding platform and has quickly raised its initial £1 million funding target. The company notably raised… Read More

November 3, 2020 @ 3:42 pm By Samantha Hurst  |  

Payments platform Stripe recently announced the launch of its latest product that allows any online business to contribute funds to technologies that remove CO2 directly from the atmosphere. Stripe reported that its users may help counteract climate change by directing a fraction of their revenue… Read More

November 3, 2020 @ 2:46 pm By Samantha Hurst  |  

Mettle, a free business account created by NatWest, announced on Tuesday users may now use their Mettle card with Apple Pay to make purchases that allow Apple Pay. This notably means that instead of using physical cards, users may pay using Apple devices. “Apple Pay… Read More