August 12, 2020 @ 1:38 pm By Samantha Hurst  |  

U.S. digital lending solutions provider Blend announced on Wednesday it secured $75 million through its Series F funding round, which was led by fintech-focused venture capital firm Canapi Ventures with participation from Temasek, General Atlantic, 8VC, Greylock, and Emergence. Founded in 2012, Blend states it… Read More

August 12, 2020 @ 12:59 pm By Samantha Hurst  |  

PGIM Investments, the retail distribution arm of PGIM, Inc., announced on Wednesday it has formed a new partnership with iCapital Network, a fintech providing access to alternative investments. Through the collaboration, iCapital will provide a customized technology solution to augment PGIM Investments’ distribution and servicing… Read More

August 12, 2020 @ 11:26 am By Samantha Hurst  |  

Mastercard announced on Wednesday the expansion of its Accelerate fintech portfolio by adding entrepreneurs to its startup engagement program Start Path and more technology partners to its Engage network. The additions are to provide access to expert engineers and specialists that may help customers deploy new services… Read More

August 12, 2020 @ 10:12 am By Samantha Hurst  |  

UK-based peer-to-peer lending platform Assetz Capital announced on Wednesday it has launched its new Access Account Marketplace. According to Assetz Capital, the marketplace allows investors to apply a discount when buying and selling Access Account loan holdings. “Access Account investors can now choose whether to… Read More

August 12, 2020 @ 10:01 am By Samantha Hurst  |  

UK banking group NatWest recently announced it is bringing Apple Pay to its Business credit card customers. NatWest reported that the option will provide a safer, more secure, and private way to pay, as well as helping customers avoid handing their payment card to someone… Read More

August 12, 2020 @ 8:20 am By Samantha Hurst  |  

  Global blockchain payments provider BitPay announced on Tuesday it has expanded its integration with cryptocurrency platform Coinbase to enable instant, no fee blockchain payments. BitPay claims that the upgrade makes it easier for Coinbase users to spend crypto including USD Coin, Bitcoin, Ethereum and… Read More

August 11, 2020 @ 2:52 pm By Samantha Hurst  |  

BitTorrent, Inc., a peer-to-peer protocols and products firm, announced on Tuesday it surpassed two billion installations of its torrent client software on Windows, Mac, and Androids. Founded in 2004, BitTorrent claims to be one of the world’s leading peer-based technology companies. The company states it… Read More

August 11, 2020 @ 2:37 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Monday it has appointed Manish Gupta as its new Executive Vice President of Engineering. Coinbase reported that Gupta joins its team from Lyft, where he served as Vice President of Engineering for the past two years. He previously was employed… Read More

August 11, 2020 @ 2:24 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday the launch of its mobile app, which enables consumers to create wills and trusts conveniently on their phones. Consumers may also shop for life and home insurance from the app, creating a mobile one-stop-shop for key… Read More

August 11, 2020 @ 1:23 pm By Samantha Hurst  |  

U.S. fintech Vesta announced on Tuesday it has integrated with Plaid to launch Guaranteed ACH, which is a payment solution that enables online automated clearing house (ACH) payments, as well s reduces fraud and fees incurred from non-sufficient funds. Vesta reported that by using Guaranteed… Read More

August 11, 2020 @ 12:04 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Tuesday it is introducing Google Pay for in-store purchases in the US. Klarna reported that Sephora, Journeys, and rue21 are among the first Klarna merchant partners to offer Google Pay, in addition to Apple Pay, for in-store purchases. The option… Read More

August 11, 2020 @ 10:44 am By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Tuesday its latest Small Business Lending Index has been released and revealed that the approval percentage for small business loan applications at big banks, which are more than $10 billion in assets increased three-tenths of a percent from… Read More

August 11, 2020 @ 9:36 am By Samantha Hurst  |  

Rapyd, a global B2B Fintech as a Service provider, announced on Tuesday it has formed a partnership with PayMyTuition, a provider of technology-driven global payment processing solutions for international tuition payments. The collaboration will notably expand PayMyTuition’s ability to accept payments through bank transfers from… Read More

August 11, 2020 @ 8:12 am By Samantha Hurst  |  

UK-based banking group and lender Metro Bank announced on Monday it has launched AI-powered receipt management technology for business customers through its mobile app. According to Metro, the technology enables businesses to capture, store and link their receipts to transactions in their mobile business app…. Read More

August 11, 2020 @ 7:55 am By Samantha Hurst  |  

Standard Chartered Bank announced on Monday it has formed a three-year strategic partnership with Microsoft to accelerate its plans to become a cloud-first bank. Standard Chartered reported that the partnership makes a significant milestone for its virtual banking, next-generation payments, open banking, and banking-as-a-service efforts…. Read More

August 10, 2020 @ 4:37 pm By Samantha Hurst  |  

Russian banking group Sberbank is reportedly set to launch a blockchain platform built on Hyperledger Fabric. According to Coindesk, the blockchain system is designed for trade finance, which will include exchanging letters of credit. The media outlet also revealed that Sberbank Deputy Chair, Anatoly Popov,… Read More

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

  Howsy, a UK-based rental marketplace platform, is set to close its equity crowdfunding campaign on Seedrs with more than £2.3 million raised from nearly 600 Seedrs investors. The funding round was launched last originally seeking £250,000. Howsy also applied for the Future Fund. Founded… Read More

August 10, 2020 @ 2:17 pm By Samantha Hurst  |  

Falls Fintech, the fintech accelerator founded by Central Payments, announced on Monday the commencement of its fall cohort, operating virtually from August 10 to October 30, 2020. According to the program’s officials, Cohort 2 includes a pair of new initiatives from the accelerator. For the… Read More

August 10, 2020 @ 1:20 pm By Samantha Hurst  |  

RateSetter, a leading UK based peer to peer lender, has rebranded its Australian P2P lending platform to Plenti. Head of Marketing at Plenti, Sebastian Paulin, shared more details about the rebranding, by stating: “As Plenti, we want to help our customers make the most of… Read More

August 10, 2020 @ 12:17 pm By Samantha Hurst  |  

Invest Hong Kong (InvestHK) announced on Monday its new Global Fast Track Program, which is a business-driven program within Hong Kong Fintech Week (HKFW). According to InvestHK, the Fast Track program plugs fintech enterprises directly into Hong Kong’s diverse ecosystem of world-class regulators, business leaders,… Read More