Sign of the Times: Transferwise Now Lets Users Make International Payments via Facebook Messenger

Transferwise, a leading cross-border money transfer service, has recently revealed that it has integrated its payments system with the Facebook Messenger. The integration will allow users to perform foreign exchange transactions over the widely-used chat service. While not a huge announcement it is more indicative… Read More

Big Tech in Finance: The Financial Stability Board Explains the Implications

Depending on the jurisdiction, big tech is moving into financial services at various speeds. In China, big tech already dominates much of the Fintech landscape from payments, to lending, to Wealthtech to savings. It’s all there. In the US, there is a constant, pensive shuffle… Read More

Broadridge Closes $750 Million Senior Notes Offering

U.S.-based fintech Broadridge Financial Solutions announced on Monday it has closed its offering of $750 million aggregate principal amount of 2.900% senior notes due 2029. According to Broadridge, J.P. Morgan Securities LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC, Barclays Capital… Read More

AccessFintech Partners With Citi, Credit Suisse, Goldman Sachs, & JP Morgan For Global Data Network Utilization

Fintech

AccessFintech, a UK-based fintech firm, announced on Monday it has formed a partnership with Citi, Credit Suisse, Goldman Sachs and JP Morgan. According to AccessFintech, Citi, Credit Suisse, Goldman Sachs, and J.P. Morgan have jointly launched a collaboration workflow utilizing the network to focus on… Read More

Trulioo Announces Expansion of Identity Verification Coverage to Nigeria & Ghana

Trulioo, an on-demand global identity verification company, announced on Monday it has expanded its identity verification coverage services to Nigeria and Ghana through GlobalGateway, its marketplace of identity data and services.  According to Trulioo, GlobalGateway’s coverage in Nigeria and Ghana will help financial institutions accurately… Read More

Starling Bank Adds First Legal Services Partner to Business Marketplace

UK-based digital banking platform Starling Bank announced on Monday it has added its first legal services partner, Sparqa Legal, to its business marketplace. According to Starling, the partnership will bring affordable legal services to the marketplace’s 88,000 small business customers. “Starling Business Account holders can… Read More

An Industry in Transition: ThinCats Exits P2P Lending to Focus only on Institutional Money

Last week, P2P property lender Landbay announced it would no longer accept retail money as it moved away from the peer to peer lending model. Managing P2P investors is simply too costly for the amount of money raised. Over time, institutional money pushed out smaller… Read More

Catching Up: NatWest Adds More Features to Banking App

The race to compete with emerging Fintechs is compelling most all banks to up their game. This is good for the consumer. Better service and lower costs (hopefully). If traditional banks want to survive ongoing iterations and a willingness to change is vital. Today, NatWest… Read More

Madrid-based Fintech StudentFinance Raises $1.27 Million in Seed Round Led by Seedcamp

StudentFinance, a Fintech firm launched by the founders of Uniplaces, recently revealed that it had secured €1.15 million (appr. $1.27 million) in seed funding led by Seedcamp, a Revolut and Transferwise investor, which are two of Europe’s largest Fintech companies. Mustard Seed Maze also took… Read More

Canadian Fintech FlexPay Secures $6 Million Through Latest Investment Round Led By Impression Ventures

FlexPay, a Canada-based fintech that uses AI and machine learning to help merchants recover lost revenues from declined transactions, announced on Monday it secured $6 million through its latest investment round, which was led by Impression Ventures with participation from BMO Capital Partners and Anges… Read More

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