November 13, 2018 @ 6:35 am By Erin Hobey  |  

Revolut, fintech unicorn and successful Crowdcube alum, is taking its customer protection to the next level, intending to become a world leader. As part of the platform’s plan, a new fleet of machine learning technology has been unveiled, a fleet that has already reportedly seen… Read More

 Tagged anti money laundering, crowdcube, customer protection, fraud, nik storonsky, revolut, unicorn

November 12, 2018 @ 4:04 pm By Cali Haan  |  

The CEO of London-based digital only banking platform Revolut has denied popular claims that Wall Street is poised to avalanche into cryptocurrency investing. Revolut CEO Nikolay Storonsky, told an audience at the Web Summit 2018 in Lisbon, last week, that, as far as he is concerned: “There is… Read More

 Tagged assif hirji, banking, conibase, digital bank, nik storonsky, revolut

November 12, 2018 @ 3:26 pm By JD Alois  |  

GTR Ventures, a global trade and supply chain investor, has inked three new deals with Fintech firms: Lucidity, iLoan and RM-Tech. According to GTR, these investments represent a pivot towards markets in China and South Asia. The investments were announced on the first day of… Read More

 Tagged gtr ventures, iloan, kelvin tan, lucidity, rm-tech, singapore

November 12, 2018 @ 2:21 pm By Samantha Hurst  |  

Finablr, a global platform for payments and foreign exchange solutions, announced on Monday it has increased its stake in Swych, a digital gifting platform, with a follow-on Series B investment to become a majority shareholder. Finablr reported that through its stake it will leverage its network’s leadership and… Read More

 Tagged acquisition, finablr, foreign exchange, global payments, stake, swych

November 12, 2018 @ 11:28 am By Samantha Hurst  |  

Sonect, a Swiss fintech startup, announced on Monday it recently received investments from cash management specialist Loomis and global fintech venture fund SixThirty. The company also reported it has formed a partnership with Loomis, which will help accelerate Sonect growth with its expertise and large… Read More

 Tagged investment loomis, sixtythirty, sonect, swiss fintech

November 12, 2018 @ 10:25 am By JD Alois  |  

WeSwap, a peer to peer currency exchange platform, is going public on AIM. Back in 2016, WeSwap raised £2.45 million on Seedrs at a pre-money valuation of £24.1 million. The crowdfunding round came soon after a venture funding where WeSwap raised  £6.5 million, led by investment firm… Read More

 Tagged aim, jared jesner, lse, uk, united kingdom, weswap

November 12, 2018 @ 10:15 am By Samantha Hurst  |  

Marvelstone Group, a Singapore-based private investment company, announced on Monday it has signed an MOU with A*ccelerate to incubate artificial intelligence (AI) startups in Singapore. The company reported that the partnership aims to collaborate on developing a global AI Hub as a community for innovative companies, including… Read More

 Tagged accelerate, ai, artificial intelligence, marvelstone group, singapore

November 12, 2018 @ 9:23 am By Samantha Hurst  |  

Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Monday it has a controlling interest in Lucht Probst Associates GmbH (LPA), a provider of innovative software and advisory services focused on financial services distribution and regulatory compliance solutions. Founded… Read More

 Tagged acquisition, fintech, lpa, lucht probst associates, motive partners, regtech

November 12, 2018 @ 8:04 am By JD Alois  |  

Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS) helped to kick off the annual Singapore Fintech Festival today with a wide-ranging speech on the benefits of financial innovation. Singapore has become a hub in southeast Asia for Fintech development. The Festival attracts thousands… Read More

 Tagged mas, monetary authority of singapore, ravi menon, singapore

November 12, 2018 @ 8:03 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday it has formed a new partnership with Beijing Evercare, a company that provides medical aesthetic treatments and health management service. Pintec reported that it will provide Beijing Evercare with an efficient and customized installment payment solution, enabling… Read More

 Tagged asia, beijing evercare, financial technology, fintech, installment payments, partnership, pintec