Digital Bank Current Provides Insight into Economic Impact of COVID-19 by JD Alois

Iceland-based Banking Challenger indó Prepared to Move Out of Stealth Mode, After Securing €1 million in Seed Funding

Iceland-based banking challenger indó has secured €1 million in seed funding from several angel investors. As mentioned on its official website: “indó is the first Icelandic bank in decades. We want to make a difference by offering you 100% safe deposits. We will offer you… Read More

AI-Powered Digital Technologies Provider Tavant Launches Proptech Business

Tavant, a U.S.-based AI-powered digital technologies provider, announced on Wednesday the launch of its new proptech business. Tavant claims that the platform implifies the home shopping and buying process and the company has leveraged its years of experience in Fintech, Digital Transformation, AI and Machine… Read More

Saving People from Mortgage Hell, Habito Tops £4 Billion in Home Mortgages

Habito, an online platform that streamlines the entire home mortgage process, has topped £4 billion in mortgage submissions, according to a Tweet from the company. Habito is a Proptech firm that was launched in 2016 “to end mortgage hell forever.” You have to love that…. Read More

Global Identity Verification Solutions Provider Acuant Announces Acquisition of IdentityMind

Fintech

Acuant, an identity verification solutions provider, announced on Tuesday it has finalized the acquisition of its former strategic partner, IdentityMind, a SaaS RegTech platform that builds, maintains and analyzes digital identities worldwide. As previously reported, IdentityMind helps users win the fight against fraud, money laundering,… Read More

Fintech Firm Currencycloud Secures $80 Million via Investment Round Backed by Visa

Fintech firm Currencycloud, which facilitates international transactions for several large finance apps, has secured $80 million via an investment round backed by payments giant Visa. Headquartered in the UK, Currencycloud’s main business involves selling payment software to banks and Fintech companies, which they use to… Read More

Money Management App Zeux Launches Physical Card, Plans European Expansion

Zeux, a mobile Fintech app enabling payments, zero-fee foreign exchange, investment and savings alternative options, has announced the launch of a physical VISA card. While Zeux may be paddling upstream, the company said the move was to satisfy the growing appetite for a ‘phygital’ –… Read More

Austria Fintech Paysafecash Launches Services in Latvia

PaySafeCard, an Austria-based fintech that is part of the Paysafe Group, announced on Wednesday it has launched its services in Latvia. This launch comes just a couple of months after Paysafecash made its debut in Cyprus. As previously reported, PaySafeCard claims it has become a… Read More

Payments Service Provider Thyngs and Charities Trust to Help UK Charities Secure Funding, Following Coronavirus Outbreak

Charities in the United Kingdom are currently experiencing major challenges due to the deadly Coronavirus (COVID-19) outbreak. Payments services provider Thyngs has partnered with the Charities Trust, in order to introduce a new way to assist the UK’s charities sector with raising funds from people… Read More

Starling Bank Adds No Interest Overdraft Feature for COVID-19 Impacted Individuals

Digital bank Starling Bank is now offering an “overdraft interest holiday” to personal account holders who are struggling financially due to the COVID-19 crisis. Starling Bank customers may apply for a three month interest holiday beginning today (Apri 1, 2020). Effectively, Starling will waive all… Read More

France-based NeoXam, a Financial Data Management Firm, Integrates ICE Data Services’ Pricing and Reference Data

Paris-headquartered NeoXam, a financial data management and transaction software provider, has added ICE Data Services’ pricing and reference data to its “NeoXam DataHub,” an enterprise data management platform. ICE Data Services is part of the Intercontinental Exchange (ICE), the parent company of the New York… Read More

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