Fintech Sandboxes & Innovation Hubs: European Report Outlines What’s Working Now by JD Alois

Norwegian Fingerprint Payment Startup Zwipe Secures $14 Million in New Shares on Merkus Market Oslo Børs

Zwipe, a Norway-based fingerprint payment startup, announced on Monday it secured NOK 120 million (USD 14 million) in the offering of new shares ahead of a planned admission to trading on Merkur Market, Oslo Børs. Founded in 2009, Zwipe describes itself as a biometric tech startup that… Read More

Japan: Financial Services Authority Approves Crypto Garage for Fintech Sandbox, the First Blockchain and Finance Project Authorized

Crypto Garage has accepted into the Japanese Financial Services Authority (FSA) Fintech Sandbox program. This is the first blockchain and finance project authorized by the Sandbox. The FSA announced the news in a release which was followed by a post by the parent company of… Read More

Wirecard Issues Multi-Currency Visa Card For Currency Exchange United Money

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has partnered with Chinese currency exchanger United Money to issue a multi-currency Visa card.  Wirecard reported that the card, Travel Cashcard, is an ideal alternative to traveler’s checks and cash. The card is notably… Read More

Revolut Experiences Embarrassing App Failure that Leaves Some Customers Hanging

Digital bank Revolut experienced an App failure yesterday that left some customers hanging, according to a thread on Twitter. The embarrassing fail comes a bit over a month after Revolut announced the company had received a long-anticipated banking license. Revolut took to Twitter to respond… Read More

Fintech Business Lender MarketInvoice Nabs £26M in Series-B Round Led by Barclays & Santander InnoVentures

UK fintech business lender MarketInvoice has raised £26M in new equity funding during a Series-B funding round led by Barclays and Santander’s $200M fintech fund InnoVentures with significant participation from European venture fund Northzone, an existing investor in the company. Technology credit fund Viola Credit, who… Read More

Asia-Pacific Fintech Network Debuts: Seeks to Encourage Cross-Border Innovation

Asia-Pacific Fintech Network, a new network created by fintech associations from across the Asia-Pacific region, has officially launched to encourage cross-border innovation. The organization was created by nine associations that signed a Statement of Intent at the Asian Financial Forum event in Hong Kong.  The participants… Read More

Blackmoon Partners With Dr. Werner & Partner to Create New ETx

Blockchain fintech company, Blackmoon, announced last week it has formed a new partnership with Dr. Werner & Partner, a network of attorneys, experts for international compliance and international tax law, to create a branded Exchange Traded Index (ETx). This news comes just days after Blackmoon announced its… Read More

China: WeiyangX Fintech Review

Visa Will Establish Asia’s Second Innovation Center in Beijing It is always not easy for payment Giant Visa to enter the Chinese market. Yet, it still does not give up. According to Yu Xueli, president of Visa (Greater China), Visa is planning to set up… Read More

Square Introduces Debit Card for Businesses

Payment process platform Square announced on Thursday the launch of its new debit cards for businesses. Square reported that the Square Card is a free business debit card designed to help business owners more effectively manage cash flow by providing immediate access to their balance, which is… Read More

Challenger Bank Tandem Reports Topping 500,000 Customers, Plans Expansion

Tandem Bank, a digital-first challenger bank, has announced a milestone of 500,000+ customers.  Tandem CEO, Ricky Knox, called 2018 a transformative year for the bank with a number of major product launches, investment, and incredible growth. “We’re ready for more of the same in 2019,” said… Read More

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