July 27, 2020 @ 1:03 pm By Samantha Hurst  |  

battleface, a UK-based insurtech, recently announced the launch of its COVID-19 travel insurance package. battleface reported that the new policy will give travelers the peace of mind they have been looking for to venture out safely, including to countries currently advised against traveling to by… Read More

July 27, 2020 @ 12:53 pm By Samantha Hurst  |  

Global payments provider Paysafe announced on Monday it has acquired Openbucks, a payment gateway that allows online merchants to accept retail gift cards as an alternative form of payment to credit cards.  Founded in 2011, Openbucks notably enables U.S. consumers who do not have access… Read More

July 27, 2020 @ 12:16 pm By Samantha Hurst  |  

  U.S.-based cryptocurrency exchange PayBito announced on Monday it has officially expanded its cryptocurrency listing. The platform reported that after adding several prominent digital assets, including utility coins to the trading platform, it is in the process of adding more altcoins by next quarter. “PayBito… Read More

July 27, 2020 @ 10:56 am By Samantha Hurst  |  

IBM (NYSE: IBM) and Celero, a solutions integrator, recently announced they have signed a 7-year agreement to modernize and transform Celero’s data center and data center network environments.  The duo reported that through this agreement, Celero will significantly advance the digital banking technologies, cloud services,… Read More

July 27, 2020 @ 9:30 am By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Monday it will be launching its peer-to-peer lending tool, Lending Pro, in the first week of August. According to Bitfinex, the new tool will be providing users with an advanced lending tool designed to automate lending in order to… Read More

July 27, 2020 @ 9:17 am By Samantha Hurst  |  

European fintech Viva Wallet announced on Sunday it has joined forces with e-commerce platform WooCommerce to launch a free Pan-European native payments gateway solution. Viva Wallet claimed that Viva Wallet for WooCommerce is the only continuously expanding smart payment plugin addressing the needs of online… Read More

July 27, 2020 @ 7:38 am By Samantha Hurst  |  

StashAway, a company that claims to be the first robo-adviser to receive a retail license in Singapore, announced on Monday it secured $22.3 million SGD ($16 million USD) Series C fundraising round led by Square Peg. This investment round comes one year after StashAway raised… Read More

July 26, 2020 @ 10:05 pm By Samantha Hurst  |  

Equipsme, a UK-based startup that is aiming to democratize health insurance by making it an affordable reality for businesses of all sizes, is set to close its equity crowdfunding campaign on Crowdcube with nearly £600,000 in funding from more than 440 Crowdcube investors. As previously… Read More

July 26, 2020 @ 9:34 pm By Samantha Hurst  |  

VirgoX, a stablecoin-focused digital asset exchange, recently announced it has joined forces with  Global Digital Assets (GDA Capital), a blockchain capital markets firm, to launch World Stablecoin Association (WSA), an independent, not-for-profit organization that is structured and headquartered in Geneva, Switzerland.  According to the duo, WSA’s mission… Read More

July 26, 2020 @ 9:24 pm By Samantha Hurst  |  

  Celsius Network, a cryptocurrency lending and borrowing platform, has closed its latest investment round with $18.8 million raised. The company previously announced it secured $10 million from www.Tether.to at a $120 million pre-money valuation. Founded in 2017, Celsius addresses the financial needs of today’s consumers worldwide through a… Read More

July 24, 2020 @ 9:16 pm By Samantha Hurst  |  

Canada-based point-of-sale financing and payment tech provider Flexiti announced earlier this week that it has it signed a buy now pay later financing agreement with Canadian furniture retailer Mobilia. According to Flexiti, Mobile will launch its omni-channel 0% interesting financing solution. “With Flexiti’s buy now… Read More

July 24, 2020 @ 2:47 pm By Samantha Hurst  |  

U.S. insurtech Sidecar Health announced on Thursday it secured $20 million through its recent investment round, which was led by Cathay Innovation with participation from Comcast Ventures and Kauffman Fellows. The company has so far raised $40 million to date. Founded in 2018, Sidecar Health… Read More

July 24, 2020 @ 2:35 pm By Samantha Hurst  |  

Just one day after announcing it was expanding its white-label cryptocurrency solution to local enterprises and entrepreneurs in India, U.S.-based cryptocurrency exchange PayBito announced it is now offering its white label payment processor to enterprises worldwide.  According to PayBito, the white label solution allows enterprises… Read More

July 24, 2020 @ 2:06 pm By Samantha Hurst  |  

India banking group Yes Bank announced on Friday the launch of WhatsApp banking services to empower customers and enable them to bank securely from the safety of their homes. Yes Bank revealed that customers may now check their savings account balance, view recent transactions &… Read More

July 24, 2020 @ 10:32 am By Samantha Hurst  |  

Gendius, a UK-based diabetes research company, has successfully raised 300,000 through its latest equity crowdfunding campaign on Crowdcube. The funding round comes less than a year after Gendius raised more than 500,000 through its first Crowdcube initiative. Along with the funding round success, Gendius also… Read More

July 24, 2020 @ 10:10 am By Samantha Hurst  |  

Nude, a home savings app, has successfully secured its initial £3.5 million equity crowdfunding target through its Seedrs campaign. The funding round was launched earlier this month and has attracted nearly 670 Seedrs investors. Founded in 2019, Nude describes itself as a savings account and… Read More

July 24, 2020 @ 8:20 am By Samantha Hurst  |  

Property investment platform CrowdProperty announced earlier this week it has lent £80 million to SME  developers – funding the development of 1,000+ homes worth over £170 million. This news comes just a little over a month after CrowdProperty surpassed £75 million in lending.  Founded in… Read More

July 23, 2020 @ 9:16 pm By Samantha Hurst  |  

Insurtech NY, an insurtech community that is located in the New York metro area, announced earlier this week it will be accepting applications for its growth-stage InsurTech accelerator program. The application window will be open from July 21st to August 17th. According to Insurtech NY,  the… Read More

July 23, 2020 @ 9:11 pm By Samantha Hurst  |  

Branch, a U.S.-based insurtech startup, announced on Wednesday it secured $24 million through its Series A funding round, which was co-led by Greycroft and HSCM Bermuda with participation from American Family Ventures and Revolution’s Rise of the Rest Seed Fund. Founded in 2018, Branch claims… Read More

July 23, 2020 @ 4:02 pm By Samantha Hurst  |  

  Samsung Electronics America, Inc., announced on Thursday that consumers in the U.S. may now sign-up for and access Samsung Money by SoFi, which is described as a mobile-first money management experience. Samsung partnered with SoFi and Mastercard for the platform. According to Samsung,  Samsung… Read More