FundAmerica Acquired by Prime Trust by JD Alois

BBVA Update: Apple Pay is Now Available for Customers in Spain

BBVA announced on Wednesday that Apple Pay is now officially available for customers in Spain. According to BBVA, Apple Pay is aiming to transform mobile payments with a secure and private way to pay.  According to BBVA,  customers just need to use a credit or debit… Read More

Payments & Loyalty App Yogo Surpasses One Million Users

Yoyo, a mobile payment and marketing platform, announced on Wednesday it has surpassed one million users and claims to be one of the fastest growing fintech startups in Europe. Founded in 2013, Yoyo describes itself as the fastest growing mobile wallet in Europe. For shoppers, it is an… Read More

Fifth Third Launches New Online Platform For Executing & Confirming Foreign Exchange Trades

Fifth Third Bank announced on Tuesday its Financial Risk Solutions group introduced Fifth Third Market Trade, which is described as an online platform for executing and confirming foreign exchange trades. According to Fifth Third, Fifth Third Market Trade is accessible through Fifth Third Direct and provides… Read More

U.S. Fintech CommonStock Launches Social Investing Platform For Stocks & Cryptocurrencies

On Tuesday, U.S.-based fintech CommonStock announced the launch of its new social investing platform for stocks and cryptocurrencies. This news comes just as CommonStock secures nearly $2 million during its seed funding round, which saw participation from Social Capital, Resolute VC, and Studio VC. CommonStock reported… Read More

Xignite Milestone: Now Receives Five Billion API Requests Per Day For Financial Data

Xignite, a provider of market data cloud solutions for financial institutions and fintech companies, announced on Wednesday it has reached a milestone of serving five billion API requests per day. Founded in 2006, Xignite provides cloud-based financial market data APIs to help emerging companies and established… Read More

Trade Finance Distribution Platform Tradeteq Secures $6.3 Million During Seed Extension Funding Round Led By ADV

Tradeteq, a UK-based trade finance distribution platform, has successfully secured $6.3 million through its Seed Extension round, which was led by ADV. Founded in 2016, Tradeteq notably provides a collaborative network for trade finance investors and originators to connect, interact, and transact. The company also delivers AI-powered… Read More

OnDeck Closes on Two Asset Backed Credit Facilities Totaling $100 Million

Online lender OnDeck (NYSE:ONDK), has closed on two asset backed credit facilities totaling nearly $100 million. One in the amount of AUD 75 million with Credit Suisse, and another for CAD 50 million with Crédit Agricole, The two facilities will finance loan originations in Australia… Read More

Wirecard Extends Cooperation With Mastercard to Promote Contactless Wearable Payments on Garmin Pay

Wirecard, a Germany-based global provider of digital payments and commerce solutions, announced on Tuesday it has expanded its existing strategic cooperation with Mastercard to promote contactless wearable payments. The duo is cooperating among others with Garmin Pay and Wirecard reported that its services will be available in Germany… Read More

UK Fintech Glint Now Seeks £1.2 Million Through Crowdcube Campaign As Part of the Company’s £15 Million Series A Financing Round

Following the announcement that Glint was seeking a total of £15 million through Series A financing round to expand into the U.S. and Japan by the end of this year, the UK fintech launched an equity crowdfunding campaign on Crowdcube to raise £1,250,000 as part of the Series… Read More

Report: Fintech Firms in France Raise Record €200 Million Since January

Fintech is booming globally. France, an aspiring Fintech center, appears to be gaining momentum. According to a report in La Tribune, Fintechs in France have raised a solid €200 million since January 2018. This is more than all of 2016. During the year prior, Fintechs raised €318… Read More