General News

September 21, 2020 @ 9:55 am By Samantha Hurst  |  

Cryptocurrency exchange bitFlyer Europe announced on Monday it formed an integration with global payments platform PayPal. bitFlyer reported that the integration allows PayPal’s European users to be able to deposit funds to the bitFlyer Europe platform to purchase cryptocurrencies safely and securely. The crypto portal… Read More

September 21, 2020 @ 8:23 am By Samantha Hurst  |  

    Wirex, a UK-based payments platform, announced on Monday it launched its first crowdfunding campaign through equity crowdfunding platform Crowdcube. Wirex reported it is now seeking to raise £1 million. Founded in 2014, Wirex is a UK FCA-licenced global digital payment platform that has… Read More

September 20, 2020 @ 10:19 pm By Samantha Hurst  |  

Digital assets exchange OKEx announced on Friday it is offering a full suite of trading products for Uniswap’s UNI. The platform reported that the products will include margin, swap trading, coin-margined perpetual swap, and savings. It will also offer zero transaction fees in UNIUSD perpetual… Read More

September 20, 2020 @ 9:53 pm By Samantha Hurst  |  

Benefitfocus, Inc. (NASDAQ: BNFT), a technology platform provider enabling rapid innovation for employers, health plans and consumers, recently announced it has named employment-based holistic financial wellness services PayActiv as its new financial wellness partner. Founded in 2000, Benefitfocus claims it unifies the entire U.S. benefits industry on… Read More

September 19, 2020 @ 5:13 pm By Omar Faridi  |  

Singapore, Helsinki (in Finland) and Zurich (in Switzerland) have been named as the world’s “smartest” cities during this year. They’ve managed to outperform other major European and global financial hubs, according to the Smart City Index Report for 2020. Geneva is another Swiss city that… Read More

September 18, 2020 @ 10:55 pm By Samantha Hurst  |  

Mobile wallet service provider Paytm announced on Friday its Android mobile app was temporarily removed from the Google Play Store. The company reassured its uses that their account balances are 100% safe and its services are fully functional. Paytm reported that it recently launched “Paytm… Read More

September 18, 2020 @ 6:23 pm By Omar Faridi  |  

Industry professionals in Indonesia are calling on Fintech firms to expand their operations outside of Java and partner up with the nation’s government in order to cater to the requirements of the unbanked population. Only 23% of Fintech firms in the country have a reach… Read More

September 18, 2020 @ 1:58 pm By Samantha Hurst  |  

Quanto, a Brazil-based opening banking platform, announced earlier this week it secured $15 million through its Series A funding round, which was led by Bradesco and Itaú Unibanco, with participation from Kaszek Ventures and Coatue. Founded in 2016, Quanto states it is “breaking apart” the… Read More

September 18, 2020 @ 9:27 am By Samantha Hurst  |  

Online financial advisor Betterment announced on Thursday it has formed a partnership with insurtech company Sure to provide cell phone insurance to Betterment Checking users, offering coverage for phone damage or theft. The offering is notably available to any Betterment Checking user that pays their monthly cell bill… Read More

September 18, 2020 @ 8:14 am By Samantha Hurst  |  

Cloud-based clearing bank ClearBank announced on Thursday it is now offering multi-currency banking accounts through API. The banking group reported that in the fourth quarter of 2020 it will be able to offer more than 30 multi-currency bank accounts, which will provide customers with the… Read More

September 18, 2020 @ 5:32 am By Omar Faridi  |  

Dana Farrugia, CEO at Tech.mt, a Żejtun, Malta-based IT company that was established last year by the Southern European island nation’s government, notes that her organization aims to help Malta with attracting foreign direct investment (FDI). It also aims to support international business development projects. Farrugia… Read More

September 17, 2020 @ 9:49 pm By Samantha Hurst  |  

U.S. fintech Affirm announced on Thursday it secured $500 million through its Series G investment round, which was led by GIC and Durable Capital Partners LP. Other returning investors include Lightspeed Venture Partners, Wellington Management Company, Baillie Gifford, Spark Capital, Founders Fund, and Fidelity Management… Read More

September 17, 2020 @ 3:02 pm By Samantha Hurst  |  

Global blockchain payments provider BitPay announced on Wednesday a new feature enabling users to buy cryptocurrency from within the BitPay Wallet App using Wyre. According to BitPay, Customers can now buy Bitcoin and ETH using a debit card or Apply Pay through the mobile app. While sharing more… Read More

September 17, 2020 @ 12:46 pm By JD Alois  |  

Going Public Using Reg A+ Reg A+ is a JOBS Act exemption that launched with great hope but in some respects, soon fizzled.  The Securities and Exchange Commission (SEC) followed the guidance of Congress and took a moribund securities exemption, that no one used anywhere,… Read More

September 17, 2020 @ 10:43 am By Samantha Hurst  |  

Silicon Valley accelerator, Plug and Play, announced on Thursday it selected 147 new startups into its winter 2020 batches. According to Plug and Play, the startups were selected to join one of the following programs that will run through November 2020: Energy, Fintech, Health, Insurtech, Internet of Things, Mobility, Real Estate &… Read More

September 17, 2020 @ 8:14 am By Samantha Hurst  |  

  Wirex, a UK-based payments platform, announced on Thursday it is firing a “warning shot” at its competitors by launching a comprehensive product overhaul, along with a new Mastercard. According to Wirex, the overhaul kicked off with the release of new features, which includes five… Read More

September 16, 2020 @ 9:58 pm By JD Alois  |  

Securrency, a digital asset infrastructure company, has partnered with the Chamber of Digital Commerce to schedule a very interesting virtual event. The webinar entitled ‘Two Sides of the American Coin” will feature several of the top regulators in the US tackling the topic of the… Read More

September 16, 2020 @ 3:18 pm By Samantha Hurst  |  

  Jetty, a U.S.-based fintech on a mission to make renting a home more affordable and effortless for everyone, announced on Wednesday the launch of its offering, Unlock Deposit, which allows renters to free up their cash deposit in exchange for a small, one-time or… Read More

September 16, 2020 @ 2:57 pm By Samantha Hurst  |  

ACAP, an SBA-approved non-bank lender and national loan aggregator of Paycheck Protection Program (PPP) loans, announced on Wednesday it has signed a new deal with Biz2Credit to utilize the Biz2X PPP Forgiveness Platform. ACAP reputed that it and its servicing team The Loan Source will… Read More

September 16, 2020 @ 2:04 pm By Samantha Hurst  |  

Investment bank, wealth manager, and Oppenheimer Holdings subsidiary, Oppenheimer & Co, Inc. announced on Wednesday it has formed a strategic alliance with global fintech firm, InvestCloud. Oppenheimer reported that the partnership will accelerate the buildout of its digital experience platform for the firm’s financial advisors… Read More