Allied Wallet Announces Acquisition of Hong Kong Fintech Epayment

Online payment processing provider Allied Wallet announced on Monday it has acquired Epayment, a Hong Kong-based fintech. The acquisition comes just a couple of weeks after Allied Wallet reported it has increased merchant revenue by as much as 60% for some merchants with its new… Read More

Update: Paysend Now Nearing £4.4 Million Through Seedrs Funding Round

Just a little over a week after launching its equity crowdfunding campaign on Seedrs, UK fintech Paysend is now nearing £4.4 million in funding from more than 530 investors. The funding round originally sought to raise £4.2 million, which was secured in three days. Founded… Read More

Square Announces New Partnership With the Ogden Raptors Offer New Payment Experience at the Ballpark

Payment process platform Square announced last week it has formed a new partnership with the Ogden Raptors, which is a professional minor league baseball team and affiliate of the Los Angeles Dodgers, to provide what it claims to be a faster and more convenient payment… Read More

Why P2P Lending is a Primary Investment Opportunity

The Fintech space has seen significant investment growth in recent years. Out of 310 private companies valued at over US$1 billion globally, 10 percent are in the Fintech sector, according to CB Insights. Only two other sectors claim a larger share of the unicorn pie,… Read More

Jack Dorsey, Twitter and Square CEO, Talks Up Company’s Nascent Crypto Development Team

Jack Dorsey, self-taught programmer and co-founder of Twitter and Square gave two interviews this week in which he talked up Square’s recent efforts to coalesce an in-house team of developers that will contribute to coding Bitcoin and possibly other cryptocurrencies. Square began by providing credit… Read More

China: WeiyangX Fintech Review

Insurtech Platform Shuidi Completes RMB 1 billion C Round of Financing led by Boyu Capital On June 12th, China’s leading Insurtech platform Shuidi (meaning waterdrop in English) was reported to secure RMB 1 billion in C round of financing. The investment was led by Boyu… Read More

Canadian Fintech Mogo Announces New Partnership With Trans Global Insurance Battle Identity Fraud For Retailer The Brick

Canadian fintech Mogo Finance Technology announced earlier this week it has formed a new partnership a new program with Trans Global Insurance to help customers of home furnishing retailer The Brick understand and combat identity fraud.  Mogo reported that customers of The Brick who enroll in… Read More

Augmentum Fintech Announces Additional Investments in Three Portfolio Firms

Augmentum Fintech plc (LSE: AUGM) announced this week it has invested  £8.5 million across three companies that are in its portfolio. Founded in 2018, Augmentum Fintech claims to be one of Europe’ leading venture capital investors that is focused on the fintech sector. The company… Read More

FinTech Australia Announces 2019 Finnies Award Winners

FinTech Australia has announced the winners of the 2019 Finnies Awards. As previously reported, there were 237 submissions this year, across all 19 award categories and the number of submissions was up 30%. This year’s event, which will be held in Melbourne for the first… Read More

Stripe Terminal Is Now Available to All Users in the U.S.

Payments platform Stripe announced this week that its product, Stripe Terminal, is now available to all users in the U.S. According to Stripe, Stripe Terminal is a set of SDKs, APIs, and pre-certified card readers that lets you extend your Stripe integration to accept in-person… Read More

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