General News

November 3, 2020 @ 9:36 am By Omar Faridi  |  

The University of Wyoming (UW) has launched a Center for Blockchain and Digital Innovation. As mentioned on UW’s website: “Wyoming is a pioneer state known for firsts. In recent years, the state passed groundbreaking legislation to create a regulatory environment to foster blockchain application growth… Read More

November 3, 2020 @ 7:40 am By Samantha Hurst  |  

Discover Financial Services (NYSE: DFS) announced on Tuesday the launch of its new Data and Analytics (DNA) organization. Discover revealed that the new organization represents its commitment to technological advancement in financial services with a focus on customer engagement and marketing technologies. The organization combines… Read More

November 3, 2020 @ 7:12 am By Omar Faridi  |  

Signicat, the trusted digital identity firm, has shared new research which reveals that 63% of European consumers have abandoned financial applications during the past year. Signicat’s survey was carried out in May and June 2020 which was during the Europe-wide COVID-19 lockdowns or restrictions. The… Read More

November 2, 2020 @ 11:16 pm By Omar Faridi  |  

Mortgage Choice, an established brokerage firm, will be offering its brokers access to Australian digital bank 86 400. The broker has reportedly added the challenger bank to its residential lending panel. Emma Dupont-Brown, GM at Mortgage Choice, stated that adding the digital bank would mean… Read More

November 2, 2020 @ 9:18 pm By Omar Faridi  |  

Singapore-based Skyhook Capital Pte Ltd, a Fintech firm focused on the distribution of “investment-grade” digital assets to institutional and retail clients, has teamed up with Digital Asset Shared Ledger (DASL), the global digital asset liquidity network for financial institutions that are built on Corda. As… Read More

November 2, 2020 @ 4:13 pm By Samantha Hurst  |  

LiquidX, a global network for illiquid assets, announced on Monday it has secured a multi-year investment and expanded its partnership with global fintech Broadridge Financial (NYSE: BR). LiquidX reported that through the partnership Broadridge will provide it with strategic operational services for payment processing, account… Read More

November 2, 2020 @ 3:06 pm By Samantha Hurst  |  

  Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, announced on Monday it has signed a definitive agreement to acquire Giact Systems, LLC (GIACT). Refinitiv reported that the acquisition will boost its existing… Read More

November 2, 2020 @ 9:51 am By Samantha Hurst  |  

Arcus, a Payment-as-a-Service (FaaS) platform, announced on Monday it has received an investment from Citi Ventures for expansion and partnerships in Latin America. Arcus claims that this investment marks the first investment by Citi Ventures in a Fintech company in Mexico. Founded in 2013, Arcus… Read More

November 2, 2020 @ 8:46 am By JD Alois  |  

British Patient Capital (BPC), a wholly-owned commercial subsidiary of British Business Bank plc, the UK government’s economic development bank, says it is deliverying strong results corresponding to its business plan. BPC believes that the advent of COVID-19 will drive a wave of “tranformative” innovation. According… Read More

November 2, 2020 @ 8:12 am By Samantha Hurst  |  

Digital payments platform Wirex announced on Monday the unveiling of its “2020 Rising Women in Crypto Power List” Wirex claims that the List, which was done in partnership with The Fintech Times, received a total of 367 entries and features the ten most inspirational women… Read More

October 31, 2020 @ 4:20 pm By JD Alois  |  

The Financement Participatif France (FPF) the French crowdfunding association has recently touted the importance of crowdfunding and its ability to help boost economic activity during the current health crisis. The FPF partnered with the Banque des Territoires on a survey conducted by Kantar. The FPF… Read More

October 31, 2020 @ 3:23 pm By Omar Faridi  |  

Aristagora Advisors, a Japanese asset management company, recently launched a $60 million VC fund, called Aristagora VC, which is focused on early-stage Israeli startups. Aristagora VC aims to focus on deep tech firms and will be investing anywhere between $500,000 to $1.5 million as an… Read More

October 31, 2020 @ 12:47 pm By Omar Faridi  |  

Bill Scannell, President, Global Sales & Customer Operations, Dell Technologies (NYSE:DELL), explains how companies across the globe are adjusting to working in the “new normal” environment following the COVID-19 outbreak. He writes in a blog post that Brazil-based retailer Grupo Boticario had to address a… Read More

October 30, 2020 @ 2:53 pm By Omar Faridi  |  

Transcend, a US-based firm that focuses on de-risking collateral decision-making, has managed to close an oversubscribed $10 million Series A investment round that was led by Nyca Partners. Transcend’s management noted that the company has seen significant growth as collateralized ventures or businesses look for… Read More

October 30, 2020 @ 9:05 am By Samantha Hurst  |  

Deutsche Bank announced on Friday it has named Nuggets as the winner of the 2020 Female FinTech Competition. Deutsche Bank noted that it ran the competition alongside Atos, Google Cloud, and TechQuartier. The competition invited fintech companies with a female founder or female(s) in the… Read More

October 30, 2020 @ 8:31 am By Samantha Hurst  |  

  Afterpay, a digital platform that offers interest-free installment plans for online purchases, is continuing its expansion efforts by launching a savings account and cash flow tools in Australia. The latest expansion comes just a couple of months after Afterpay announced its expansion into Canada…. Read More

October 29, 2020 @ 9:04 pm By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has posted a “preview” of the upcoming Hong Kong Fintech Week 2020 that is scheduled to take place next week. Supported by the HKMA, the event is described as the city’s “flagship Fintech event.” Like many other conferences, the… Read More

October 29, 2020 @ 2:22 pm By JD Alois  |  

Norway is experiencing solid growth in online capital formation in spite of the ongoing epidemic, similar to what has been reported in some other markets. According to a tweet by Rotem Shneor, a well-known researcher in the crowdfunding sector. Shneor is an Associate Professor at… Read More

October 29, 2020 @ 9:31 am By Samantha Hurst  |  

Barclays announced earlier this week it is launching a 12-week virtual accelerator program that is designed to help early-stage tech businesses, founded by one or more black entrepreneurs. Barclays reported that the program, which is in partnership with social enterprise Foundervine, was created in order to… Read More

October 29, 2020 @ 8:18 am By JD Alois  |  

Draper Esprit (LSE: GROW, Euronext Growth: GRW), a venture capital firm that invests in a variety of digital businesses including Fintechs, has posted a mid-year update regarding its portfolio ahead of results scheduled for release on November 30, 2020. According to Draper Esprit, it has… Read More