July 20, 2018 @ 3:00 pm By Samantha Hurst  |  

Startupbootcamp (SBC) AfriTech announced last week the Top 10 African Innovators selected to participate in the globally renowned, multi-corporate backed accelerator program for 2018. According to SBC, following an intensive 3-month global scouting tour, across 15 countries, and inclusive of 19 FastTrack events and 220… Read More

July 20, 2018 @ 10:26 am By Samantha Hurst  |  

Earlier this week, Silicon Valley Bank and First Data (NYSE: FDC) announced they have selected five startups to participate in Class 8 of Commerce.Innovated., an accelerator designed to help commerce, payments and fintech companies grow their businesses. According to the duo, the Commerce.Innovated. four-month program provides participants with operational mentorship… Read More

July 19, 2018 @ 10:50 pm By Samantha Hurst  |  

PayStand, the blockchain-based, B2B payments company reinventing commercial finance, today announced that it is partnering with Silicon Valley Bank and First Data in Class 8 of Commerce.Innovated., an accelerator program focused on growth and innovation in finance. According to PayStand, Commerce. Innovated is designed to help… Read More

July 19, 2018 @ 3:00 pm By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, UK fintech Glint has successfully secured its initial £1.2 million funding target, thanks to nearly 300 investors. The funding round is part of Glint new Series A funding round, which is seeking a total of… Read More

July 19, 2018 @ 1:00 pm By Samantha Hurst  |  

Mastercard has reportedly been granted a patent to link cryptocurrency with Fiat accounts. According to its filing, the patent was created to manage fractional reserves of blockchain currency comprising: storing, in a first central account, at least a fiat amount associated with a fiat currency.  The company reported:… Read More

July 19, 2018 @ 10:02 am By Samantha Hurst  |  

On Wednesday, Money20/20 announced the upcoming launch of Rise Up, a program that was created in an effort to foster gender inclusivity within both the financial services and fintech industries. According to Money20/20, Rise Up is also designed to empower the next generation of female… Read More

July 19, 2018 @ 2:30 am By Erin Hobey  |  

The European Р2Р platform Robo.cash and alternative lender LLP Zaymer have expanded their partnership by delivering a new opportunity for investments in Central Asia on the platform – installment loans TezCredit with a repayment period up to 12 months and an expected interest rate up… Read More

July 18, 2018 @ 3:15 pm By Samantha Hurst  |  

Shyft, a global blockchain-based network that facilitates secure sharing of attested and compliant data has announced the signing of a Letter of Understanding with security token creation platform Polymath. Shyft reported that as part of the partnership, Polymath will become an active ecosystem participant and data provider for the… Read More

July 18, 2018 @ 2:20 pm By Samantha Hurst  |  

On Wednesday, UK’s Investment Association (IA) announced the first cohort of fintech innovators for Velocity, the IA’s specialist fintech accelerator for the asset management industry. According to IA, the 24 Velocity Advisory Panel is chaired by Graham Kellen, Chief Digital Officer of Schroders, and comprised of… Read More

July 18, 2018 @ 12:45 pm By Samantha Hurst  |  

BBVA announced on Wednesday that Apple Pay is now officially available for customers in Spain. According to BBVA, Apple Pay is aiming to transform mobile payments with a secure and private way to pay.  According to BBVA,  customers just need to use a credit or debit… Read More

July 18, 2018 @ 10:27 am By Samantha Hurst  |  

Fifth Third Bank announced on Tuesday its Financial Risk Solutions group introduced Fifth Third Market Trade, which is described as an online platform for executing and confirming foreign exchange trades. According to Fifth Third, Fifth Third Market Trade is accessible through Fifth Third Direct and provides… Read More

July 18, 2018 @ 7:47 am By Samantha Hurst  |  

Tradeteq, a UK-based trade finance distribution platform, has successfully secured $6.3 million through its Seed Extension round, which was led by ADV. Founded in 2016, Tradeteq notably provides a collaborative network for trade finance investors and originators to connect, interact, and transact. The company also delivers AI-powered… Read More

July 18, 2018 @ 7:43 am By JD Alois  |  

Wistia, a video software company for small and medium-sized businesses, has chosen a path less traveled by turning their back on VCs and other investors. Chris Savage, CEO and co-founder of Wistia, says when they started the company over a decade ago, the goal was to… Read More

July 17, 2018 @ 3:13 pm By Samantha Hurst  |  

The Large Credit Union Coalition (LCUC), a group comprising the CIOs of the 16 largest credit unions in Canada, announced on Tuesday it has joined enterprise software firm R3’s global blockchain ecosystem. The LCUC reported that it will join R3’s network of more than 200 financial… Read More

July 17, 2018 @ 11:50 am By Samantha Hurst  |  

AutoGravity, a fintech provider modernizing the way consumers buy and finance automobiles, announced on Tuesday it has appointed Alex Mallmann as President and Chief Executive Officer, and Jason Bonifay as Chief Technology Officer. According to AutoGravity, the announcement comes as the company hits a new milestone,… Read More

July 17, 2018 @ 9:43 am By Samantha Hurst  |  

Just two months after surpassing 100,000 customers, UK-based challenger bank Tandem has successfully attracted 250,000 customers to its platform. Not only is the fintech celebrating the number of users, it is also reportedly planning to launch its very own mortgage market.  According to Financial Reporter, Tandem… Read More

July 16, 2018 @ 1:16 pm By Samantha Hurst  |  

Bajaj Finserv, an India-based financial service company, announced last week it has formed a partnership with global innovation platform, Plug and Play, to tap into startups that will add value for their customers. Bajaj Finserv claims it is the first Indian company to partner with… Read More

July 16, 2018 @ 9:37 am By Masha Prusakova  |  

Male and white – this was the start of the cryptocurrency world. Since the early days of cryptocurrencies, miners, and blockchain developers have been comprised of men – and today’s token projects are reflective of that gender disparity. There is a gender imbalance in the… Read More

July 16, 2018 @ 9:04 am By Samantha Hurst  |  

Goldex, UK-based trading technology platform that allows users to invest in physical gold, announced on Monday it has launched in London. According to Goldex, retail customers may now have the chance to easily invest in physical gold at the best prices and use it as… Read More

July 15, 2018 @ 3:46 pm By JD Alois  |  

Small businesses in the US, and just about every other country, are the life blood of the economy where they operate. This is a fact. Providing access to capital to smaller firms is thus a vital need to drive economic growth, create jobs, and enable… Read More