October 5, 2020 @ 11:09 am By Samantha Hurst  |  

Venmo announced on Monday the launch of its first-ever credit card. The new card, which is issued by Synchrony (NYSE: SYF) and powered by the Visa network, gives customers automatic cash back on every eligible purchase, a personalized rewards experience, and the ability to manage the… Read More

October 5, 2020 @ 10:14 am By Samantha Hurst  |  

IBM (NYSE: IBM) announced on Monday it teamed up with Bank of Thailand (BOT), the central bank, to launch a  blockchain-based platform for government savings bonds issuing a total of $1.6 billion within two weeks. According to IBM, the platform is using blockchain technology on the… Read More

October 5, 2020 @ 9:32 am By Samantha Hurst  |  

Diginex Limited, a digital assets financial services company, announced on Monday it has reconstructed its Board of Directors, following its listing and trading commencement on Nasdaq. According to Diginex, the new Board of Directors meets the required standards of corporate governance for a Nasdaq-listed company… Read More

October 5, 2020 @ 8:16 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions announced on Monday it has formed a partnership with Germany-based payments consultancy and supplier PPI AG to launch a joint payments initiative for banks and financial institutions in Europe. Broadridge claimed that the new solution has already secured its first… Read More

October 4, 2020 @ 10:42 pm By Samantha Hurst  |  

Wirex, a UK-based payments platform, has successfully secured more than £2.3 million through its equity crowdfunding campaign, which launched less than two weeks ago on Crowdcube. Wirex’s initiative originally sought to raise £1 million and quickly achieved the goal just hours after debut. As previously… Read More

October 4, 2020 @ 10:31 pm By Samantha Hurst  |  

DeadHappy, a UK-based life insurance brand, is set to close its equity crowdfunding campaign on Seedrs with nearly £2.4 million raised. The funding round, which aimed to raise £1.5 million, has attracted more than 950 Seedrs investors. Founded in 2013, DeadHappy stated it exists because… Read More

October 4, 2020 @ 10:13 pm By Samantha Hurst  |  

Sezzle, Inc. (ASX: SZL), a U.S.-based installment payments platform, recently announced it has formed a partnership with fashion retailer, UNTUCKit. Sezzle reported that it was selected by UNTUCKit as its preferred ‘Buy Now, Pay Later’ option in an effort to meet growing demand from an… Read More

October 2, 2020 @ 10:41 pm By Samantha Hurst  |  

Yayzy, a UK-based sustainable banking app, is now nearing £550,000 through its equity crowdfunding campaign on Seedrs. The funding round was launched last month, originally seeking £200,000, and has attracted more than 700 Seedrs investors. Founded in 2019, the Yayzy team has created technology that… Read More

October 2, 2020 @ 3:27 pm By Samantha Hurst  |  

Diginex Limited, a digital assets financial services company, announced on Thursday it has listed and began trading on Nasdaq. Diginex reported that it will trade on Nasdaq under the ticker symbol “EQOS,” where it will offer investors the opportunity to participate in the growth of… Read More

October 2, 2020 @ 2:19 pm By Samantha Hurst  |  

LendInvest a UK-based marketplace for property financing, announced earlier this week it has introduced updates to its Buy-to-Let product range; including raising its LTV and maximum loan limits, and broadening its lending criteria to include first-time landlords and student lets. LendInvest reported it is now… Read More

October 2, 2020 @ 11:14 am By Samantha Hurst  |  

BitGo, digital asset financial services provider, announced on Thursday  it is adopting oracle network, Chainlink, to provide on-demand, definitive truth around the collateralization of “Wrapped Bitcoin” (WBTC). BitGo revealed that over the past year it has bridged close to $1 billion onto the Ethereum blockchain… Read More

October 2, 2020 @ 10:21 am By Samantha Hurst  |  

Santander Bank announced on Friday the launch of Santander One, which is a new simple banking account with service plans through subscription. The banking group revealed it customized the account for individuals and companies with free essential services for loyal customers and offers the possibility… Read More

October 2, 2020 @ 8:20 am By Samantha Hurst  |  

UK-based digital banking group Starling Bank announced on Friday it has launched a new environmental initiative to plant one tree for every successful new personal and business customer referral. Starling Bank has teamed up with Trillion Trees, a joint venture between BirdLife International, Wildlife Conservation… Read More

October 1, 2020 @ 9:38 pm By Samantha Hurst  |  

Less than two weeks after launching its equity crowdfunding campaign on Seedrs, FCA authorized e-Money Institution Ziglu has successfully secured nearly £2.4 million from more than 800 Seedrs investors. Founded in 2018 by former Starling Bank CTO Mark Hipperson, Ziglu states it has built a… Read More

October 1, 2020 @ 3:18 pm By Samantha Hurst  |  

U.S. fintech Payrix announced on Thursday it secured $50 million through its Series A funding round, which was led by Blue Star Innovation Partners and Providence Strategic Growth. Founded in 2015, Payrix stated it provides SaaS businesses and marketplaces a flexible technology platform that enables… Read More

October 1, 2020 @ 2:55 pm By Samantha Hurst  |  

Ripple, a provider of enterprise blockchain solutions for payments, announced on Wednesday it is committing to be carbon net-zero by 2030. Ripple claims it is the first company in the blockchain industry to do so and as part of achieving this goal, the company has… Read More

October 1, 2020 @ 2:21 pm By Samantha Hurst  |  

Standard Chartered Bank announced on Thursday it has formed a partnership with Sociolla through nexus, the bank’s “Banking as a Service” solution. Standard Chartered revealed that in line with its vision to enable convenient access to financial services for tech-savvy consumers across its market, this… Read More

October 1, 2020 @ 9:23 am By Samantha Hurst  |  

CORO, a U.S.-based gold payment app, announced on Wednesday it has received a Money Transmitter license by the State of Oregon. Founded in 2018, Coro states it has created a new financial payment system that where gold to be used as a currency in everyday… Read More

October 1, 2020 @ 8:33 am By Samantha Hurst  |  

ClickSWITCH, a U.S. fintech that claims it simplifies and automates the switch of direct deposits and recurring payments for financial institutions’ new and existing account holders, announced on Wednesday it raised $2 million through its Series B investment round led by USAA subsidiary. The investment… Read More

October 1, 2020 @ 8:22 am By Samantha Hurst  |  

Step, a U.S.-based fintech startup built for teens and families, announced on Wednesday its official launch, offering a free FDIC insured bank account and Visa card. Step explained that through its app, it offers an all-in-one banking solution with a new type of personalized card… Read More