Bank of England, Bank of Canada & Monetary Authority of Singapore Join in Publishing Report on Payments and Possible Use of Blockchain by JD Alois

China: WeiyangX Fintech Review

Beijing publishes Fintech Development Plan (2018-2022) Recently, the Zhongguancun Administration Committee, the Beijing Financial Work Bureau and the Beijing Municipal Science and Technology Committee jointly issued the “Promotion of Financial Technology Development Plan (2018-2022)” (hereinafter referred to as “plan”). The goal of the plan is,… Read More

Tandem Announces Opening of Community Beta Testing For Autosavings

UK challenger bank Tandem announced on Friday that it has invited their existing app users to join its Autosavings Beta testing community to help test its new Autosavings proposition. According to Tandem, users will be able to feedback suggestions for improvement, report bugs and discuss their… Read More

BillPay Founder Launches New Digital Trade Finance Platform For Small & Medium-Sized Businesses “MODIFI”

MODIFI, a digital trade finance platform for small and medium-sized businesses, announced this week it has officially launched. MODIFI was notably created by the team behind BillPay. According to CEO and Co-Founder of MODIFI (former CEO and Founder of BillPay), Nelson Holzner, the new platform’s digital… Read More

Money Dashboard Announces In-App Integration With PensionBee

Money Dashboard, a UK-based online personal financial management service, announced this week it has in-app integrated with pension manager PensionBee. As previously reported, Money Dashboard is described as a personal financial assistant that shows users exactly where money goes and helps the user make better financial decisions…. Read More

PayPal Announces Full Acquisition of Hyperwallet

PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Thursday it has completed its acquisition of Hyperwallet for approximately $400 million USD. According to the firm, this transaction will strengthen PayPal’s payout capabilities and enhance PayPal’s ability to provide an integrated suite of payment solutions to e-commerce… Read More

Aussie Online Lender Prospa Recognized on Leadership List

Prospa, an online small business lender, has been recognized by Deloitte Technology Fast 50 Australia Awards for 2018. Prospa ranked 20th overall and 5th for leadership. The Deloitte Technology Fast 50 Australia Awards rank Australia’s fastest growing public or private technology companies based on their… Read More

U.S. Fintech Self Lender Secures $10 Million Through Series B Financing Round Led By Altos Ventures

Self Lender, a U.S.-based fintech startup that offers Americans a way to build their credit while also saving money, today announced a $10 million round of Series B financing, which was led by Altos Ventures with additional participation from Silverton Partners, Accion Venture Lab, and others. The company… Read More

American Express Launches New Virtual Payments Offering For Business Expenses

American Express (NYSE:AXP) announced on Thursday the launch of American Express Go, a new digital solution to help mid-sized and large companies efficiently handle business expenses for temporary workers, recruits, and employees without Corporate Cards. According to the financial giant, American Express Go features a Virtual Card… Read More

Monzo Forms Partnership With Financial Capability Lab to Help Users Save Money

UK challenger bank Monzo announced on Thursday it has formed a partnership with the Financial Capability Lab. According to the Monzo, the Financial Capability Lab was started in 2016 by the Money Advice Service, in partnership with the government’s Behavioural Insights Team. The startup also reported that… Read More

CommonBond Teams Up with Investor Fifth Third Bank on Student Loans

Online lender CommonBond has partnered with Fifth Third Bank to provide students a path to better manage their student loans. Fifth Third Bank is also an investor in the Fintech platform. CommonBond is a platform that finances and refinances student loans. The company will also… Read More

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