General News

August 21, 2020 @ 7:14 am By Samantha Hurst  |  

UK banking group NatWest announced on Thursday it is launching “Banking My Way” service, which will allow customers to request how they want to be served. NatWest reported that through the services, customers may make specific requests which could include requesting a quiet space when… Read More

August 20, 2020 @ 7:58 am By Samantha Hurst  |  

Neat, a digital bank based in Hong Kong, announced on Wednesday a $4 million extension to its $11 million Series A investment round, which originally closed in April 2020. MassMutual Ventures, Pacific Century Group, Linear Capital, and Robby Hilkowitz as well as new investor Vectr Fintech… Read More

August 20, 2020 @ 7:35 am By Samantha Hurst  |  

Mastercard (NYSE: MA) and TransferWise announced on Thursday they have expanded their global partnership to enable the issuance of cards in any market around the globe. According to the duo, Mastercard has built a strong partnership with TransferWise, working with the global technology company since… Read More

August 19, 2020 @ 4:45 pm By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, announced on Tuesday it has joined forces with SISS Data Services for new open banking solution. Xinja Bank reported that the partnership is considered part of the first phase of its Consumer Data Right (CDR) journey. “This initial phase of… Read More

August 19, 2020 @ 4:34 pm By Samantha Hurst  |  

Samsung Electronics Co., Ltd announced Monday the new Samsung Pay Card, powered by UK fintech Curve, and in conjunction with global payments technology company Mastercard, has officially made its debut. Samsung reported that Samsung Pay Card gives users complete control over their spending, without the fuss of… Read More

August 19, 2020 @ 4:20 pm By Samantha Hurst  |  

  Selina Finance, a UK-based online lender that provides secured home equity loans at competitive rates, announced on Wednesday it has relaunched its business loan proposition by doubling its maximum loan term to 10 years. This news comes less than a month after Selina Finance… Read More

August 19, 2020 @ 2:29 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) reports that its COVID-19 Enforcement Task Force, has taken actions against 220 scams allegedly seeking to profit from the pandemic. These actions include including administrative actions, cease-and-desist orders, referrals to other regulators, and to social media and hosting… Read More

August 19, 2020 @ 10:26 am By Samantha Hurst  |  

  Kira, a Singapore-based decentralized fintech, announced on Wednesday it secured $2.2 million through its latest investment round, which was led by BTC12 Capital. Founded in 2019, Kira describes itself as a next-generation hyperscale decentralized exchange engineered for cross-chain transfer and frictionless trading experience. “We… Read More

August 18, 2020 @ 6:41 pm By Omar Faridi  |  

UK-based StepChange, a leading debt advice charity, reportedly helps more than 600,000 consumers by offering free-of-cost, “impartial” debt advice every year. The company claims that it sees first hand how talking openly about money management problems can help people, which is why the team at… Read More

August 18, 2020 @ 3:13 pm By Samantha Hurst  |  

Moov Financial, a U.S.-based open-source embedded banking platform, announced on Tuesday it raised $5.5 million through its Seed funding round, which was led by Bain Capital Venture with participation from Canapi Ventures, Commerce Ventures, Gradient Ventures, RRE Ventures, Uncorrelated Ventures, and 27 influential angel investors… Read More

August 18, 2020 @ 2:29 pm By Samantha Hurst  |  

  Chinese peer-to-peer lending platform Hexindai (NASDAQ: HX) recently announced it has launched an upgraded version of its new form of social e-commerce platform Xiaobai Maimai, offering high-quality and affordable branded products. According to Hexindai, Xiaobai Maimai uses its cooperation with domestic e-commerce platforms and… Read More

August 18, 2020 @ 2:03 pm By JD Alois  |  

Crowdfund Capital Advisors (CCA) is now providing its data services to Bloomberg Data License clients via Bloomberg Enterprise Access Point, according to a release. CCA is a data service covering securities offering issued under crowdfunding exemptions including Reg CF as well as Reg A+ and… Read More

August 18, 2020 @ 1:47 pm By Samantha Hurst  |  

SpyCloud, a U.S.-based anti-fraud platform, announced on Tuesday it secured $30 million through its Series C funding round, which was led by Centana Growth Partners with participation from M12, Altos Ventures, Silverton Partners, and March Capital Partners. Founded in 2016, SpyCloud claims it is a… Read More

August 18, 2020 @ 11:56 am By Samantha Hurst  |  

European fintech Viva Wallet announced on Tuesday it is bringing Apple Pay to its customers. The fintech reported that Apple Pay is a safe, secure, and private way to help customers avoid handing their cards to others as well as touching physical buttons or exchanging… Read More

August 18, 2020 @ 11:08 am By Samantha Hurst  |  

Digital asset investing platform for professional wealth managers Blockchange announced on Tuesday it has formed a new partnership with cryptocurrency exchange and custodian Gemini to provide registered investment advisors (RIAs) a secure one-stop-shop for buying, selling and storing digital assets. The duo claims that this… Read More

August 17, 2020 @ 3:28 pm By Samantha Hurst  |  

Robinhood, a modern trading platform that offers both traditional securities as well as crypto, announced on Monday it raised $200 million through its Series G funding round, bringing the company’s valuation to $11.2 billion. The investment was led by D1 Capital Partners. Founded in 2013,… Read More

August 17, 2020 @ 12:33 pm By Samantha Hurst  |  

  Payments platform Stripe recently announced it has appointed Dhivya Suryadevara as its new Chief Financial Officer. Prior to joining Stripe, Suryadevara served as Chief Financial Officer at the automobile brand, General Motors, where she oversaw financial operations amounting to over $100 billion in annual… Read More

August 17, 2020 @ 11:41 am By Samantha Hurst  |  

Plastiq, a U.S.-based intelligent payments solution for small business, announced on Friday it has launched on Visa’s Small Business Hub. According to Plastiq, the Visa Small Business Hub helps the small business community to create and strengthen customer relationships through claimed safe, digitally-enabled practices. “The… Read More

August 17, 2020 @ 9:29 am By Samantha Hurst  |  

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced on Monday it proposes to offer $450 million aggregate principal amount of convertible notes due 2025 in a private offering to qualified institutional buyers pursuant to Rule 144A under… Read More

August 17, 2020 @ 8:07 am By Samantha Hurst  |  

‘ UK-based digital banking group Starling Bank announced on Monday its latest survey reveals four in five (80%) UK SMEs are confident they will recover from the COVID-19 pandemic. The survey, which was conducted with the Great British Entrepreneur Awards (GBEA) was done on more… Read More