July 29, 2020 @ 3:19 pm By Samantha Hurst  |  

Global digital asset exchange, Gate.io, recently announced it has released an upgraded version of its IEO platform, Startup 2.0. The platform also revealed that KardiaChain and Meter, the two projects that launched their IEOs on Startup in 2020, have already raised more than $46 million… Read More

July 29, 2020 @ 2:18 pm By Samantha Hurst  |  

SaaS fintech infrastructure development company Alchemy Technologies has formed a new partnership with payment and funding solution LoanPaymentPro to provide lenders and finance companies to provide multiple consumer-facing fund disbursement and payment products, as well as channels, which includes debit card validation, real-time push-to-card funding,… Read More

July 29, 2020 @ 12:45 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 acquired strategic assets from wealth management cloud platforms provider Advisor Software Inc. (ASI). Refinitiv reported that the acquisition adds key… Read More

July 29, 2020 @ 10:59 am By Samantha Hurst  |  

Canadian regtech company iComply Investor Services announced on Wednesday its listing in the Financial Industry Regulatory Authority (FINRA) Compliance Vendor Director, which notably features vendors that offer products, solutions, and services to firms overseen by the U.S. regulator. Founded in 2017, iComply claims to be the… Read More

July 29, 2020 @ 10:16 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has formed a partnership with global identity verification provider, Onfido, to speed up, simplify, and unify its Digital Identity and Know Your Customer (KYC) processes. “By integrating… Read More

July 29, 2020 @ 9:59 am By Samantha Hurst  |  

Remitly, a U.S.-based online money transfer service, announced on Wednesday it secured $85 million through its latest investment round, which was led by Prosus’s PayU, at a $1.5 billion valuation. Generation Investment Management, Owl Rock Capital, Stripes, DN Capital, Top Tier, Princeville Global, and Threshold… Read More

July 29, 2020 @ 9:14 am By Samantha Hurst  |  

Niyo, India-based neo banking startup, announced on Wednesday it has acquired Goalwise, a wealthtech platform. Niyo reported that the acquisition is in line with its goal of building a comprehensive product suite for its users. “Apart from the DIY zero percent commission mutual fund product… Read More

July 29, 2020 @ 9:04 am By Samantha Hurst  |  

Button, a mobile commerce technology company, recently announced it has joined forces with Bits of Stock, the brand loyalty and investment app, to enable its users to discover in-app brand offers, shop, and earn fractional shares of stock. Button reported that through the integration, Bits… Read More

July 29, 2020 @ 7:46 am By Samantha Hurst  |  

Global payments provider Paysafe announced on Tuesday its latest research shows that subscription-based payments are set for significant growth, with 27% of consumers globally expect the number of subscription payments they make to increase over the next 12 months. According to Paysafe, The research surveyed… Read More

July 28, 2020 @ 3:47 pm By Samantha Hurst  |  

Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Tuesday that  J.P. Morgan will be using its card tokenization capabilities for the financial giant’s virtual card program. According to Marqeta, the new functionality, which is anticipated to… Read More

July 28, 2020 @ 3:32 pm By Samantha Hurst  |  

Mastercard (NYSE: MA) announced on Tuesday has teamed up with Microsoft (Nasdaq: MSFT) for digital commerce innovation push. According to the duo, this new collaboration will accelerate Mastercard Labs’ native research and development activities, as well as Azure and AI, to advance Mastercard Labs’ mission… Read More

July 28, 2020 @ 2:07 pm By Samantha Hurst  |  

Deutsche Bank announced on Monday it will enable global fintech Airwallex to provide virtual account collections and API-enabled foreign exchange services in Japan and Hong Kong. According to Deutsche Bank, the solution will further allow Airwallex to seamlessly process and convert cross-border payments made to… Read More

July 28, 2020 @ 1:15 pm By Samantha Hurst  |  

UK-based challenger bank Tide has teamed up with UK fintech DueDil to further improve its account opening experience. The partnership will reportedly see Tide using DueDil’s company intelligence platform, providing insights on over 50 million companies worldwide, to speed up mandatory Know Your Customer (KYC)… Read More

July 28, 2020 @ 10:38 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has appointed former PayPal executive, Scott Weller, as its first CFO.  According to AltFi, Weller has worked across the U.S., Asia, and Europe. He also was previously… Read More

July 28, 2020 @ 10:02 am By Samantha Hurst  |  

Alibaba Hong Kong Entrepreneurs Fund announced on Tuesday it has kicked off its annual signature startup event, JUMPSTARTER 2021 Global Pitch Competition, with an online focus to ensure safe participation for all contestants during the COVID-19 pandemic.  JUMPSTARTER 2021 is now open for applications, with… Read More

July 28, 2020 @ 9:38 am By Samantha Hurst  |  

True Link Financial, a U.S.-based fintech that is focused on financial services among senior citizens, people with disabilities, and recovered addicts, announced on Tuesday it secured $35 million through its Series B funding round, which was led by Khosla Ventures and Centana Growth Partners. Founded… Read More

July 28, 2020 @ 8:17 am By Samantha Hurst  |  

Just days after announcing its partnership with Shopify, U.S. fintech Affirm announced it has formed a partnership with Design Within Reach to allow shoppers to pay-over-time for modern furniture and decor. The partnership notably extends across all the Design Within Reach, Herman Miller, and HAY… Read More

July 28, 2020 @ 8:04 am By Samantha Hurst  |  

Just a little over a year after raising £2,395,250 through its first Seedrs campaign, property crowdfunding platform CapitalRise has returned to the equity crowdfunding platform and has successfully raised nearly £1.7 million from more than 300 Seedrs investors so far. The funding round’s co-investor is the… Read More

July 27, 2020 @ 3:23 pm By Samantha Hurst  |  

Flat.mx, a Mexico-based prop tech startup, has reportedly secured $25 million in debt financing from Arc Labs. Founded in 2019, Flat.mx claims it is flipping the way homes are sold in Mexico. “With a deep layer of technology and data, Flat simplifies the painful process… Read More

July 27, 2020 @ 2:26 pm By Samantha Hurst  |  

Bitcoin Suisse announced on Friday it secured CHF 45 million through its Series A funding round, which was led by Roger Studer, a Swiss Banker and former Head of Vontobel Investment Bank (SIX:VONN), and the Studer Family Office. As previously reported, Bitcoin Suisse is an early… Read More