Tagged: expansion

Digital Payments & E-Commerce Platform KinerjaPay Announces Plans to Enter Microlending Business in Indonesia

KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, announced on Friday it is set to launch its own application for microlending business with peer-to-peer platform to facilitate credit facility. The company reported it will mainly target consumer sector to provide microlending facility in… Read More

Fintech Saas Company HighRadius Announces Houston Expansion

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, announced on Tuesday it has expanded into Katy, Texas, which is near Houston, Texas. This news comes just a few months after the company secured a strategic investment from Citi Ventures and PNC.  As previously… Read More

Online Lending Platform Fellow Finance Announces Sweden Expansion

Finnish crowdfunding and peer-to-peer lending platform Fellow Finance announced on Monday it has expanded in Sweden. The company reported it launched a new channel for personal financing for Swedish customers and thus simultaneously created an opportunity for its investors to start investing in Swedish consumer loans…. Read More

FundedByMe Set to Launch First Polish Crowdfunding Campaign

Just a few months after opening its new Poland office, Swedish crowdfunding platform FundedByMe announced the upcoming launch of its first Polish campaign, which is for the mobile app for scooters, Blinkee.city. FundedByMe reported that the Blinkee.city app has been up and running in eight… Read More

PayStand Announces Expansion Into Canada: Now Offering New Domestic Payments Infrastructure

B2B payment platform PayStand announced on Tuesday it has expanded its digital platform in Canada in order to support domestic B2B commercial payments and continue the growth of its global payments infrastructure. The expansion into Canada comes less than one year after PayStand secured $6… Read More

Revolut Expansion: Now Seeking to Hire 100 People in a Single Day in Kraków, Poland

UK-based fintech Revolut announced earlier this week it is looking to expand its personnel by hiring 100 people in ONE single day in Kraków, Poland. The company’s upcoming “Recruitment Day” in the polish city will take place on June 9th (this Saturday). It was revealed: “So… Read More

Currencycloud Launches South Korea Remittance Service

Cross-border payment platform Currencycloud announced on Thursday it has launched remittance service in South Korea. This news comes nearly one year after forming a partnership with South Korean credit card company, Hyundai Card. According to the company, this news builds on its momentum in Asia-Pacific, with… Read More

Circle Now Planning to Seek U.S. Banking License

Boston-based cryptocurrency platform Circle is now making plans to apply for a banking license in the U.S. As previously reported, Circle, which is backed by Goldman Sachs, was founded in 2013 and offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay,… Read More

BrewDog Expansion: Announces Construction to Start on Australian Brewery in Murarrie

Scottish crowdfunded brewery BrewDog announced this week it officially received the green light from the Brisbane City Council to begin construction on its $30 million brewery in Murarrie, Brisbane. According to the brewery, the development includes the construction of a 50hl, 3,000m2 brewing and canning… Read More

Insurtech Root Announces Significant Expansion in Columbus, Ohio Plans

Root Insurance, an Ohio-based car insurtech company, announced on Tuesday it is planning to significantly expand its presence in Columbus. This news comes nearly two months after the company secured $51 million in funding through its Series C round, which was led by Redpoint Ventures, with Scale Venture Partners… Read More

Flywire Announces Expansion of UK & European Operations

Flywire, a fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced on Tuesday a major expansion of its UK and European operations and team. Flywire reported it has moved into new space on Folgate Street in London’s Spitalfields District,… Read More

California Fintech Firm Plaid Announces Canadian Expansion

Plaid, a California-based fintech firm, announced on Tuesday it is expanding into its first international market, Canada. Founded in 2012, Plaid focuses on enabling innovation and democratizing financial services through technology. The company reported it built consumer experience, developer-friendly infrastructure, and intelligence tools that give users… Read More

Dubai Financial Services Authority Announces Fintech Innovation Testing Program Expansion

The Dubai Financial Services Authority (DFSA) announced on Wednesday the expansion of its Innovation Testing Licence (ITL) programme in response to continued interest in fintech and the digital economy. According to DFSA, the ITL program enables firms to test innovations in fintech in or from the… Read More

Fintech Startup Kyriba Increases Investments in Latin America to Accelerate Global Growth

U.S. fintech startup Kyriba Corp. announced on Monday it is increasing its investment in Latin American to help CFOs and treasurers modernize key capabilities for cash, risk, payments and working capital optimization. The company reported that as part of the expansion it has named Axel Canale as the… Read More

BrewDog Appoints Coca Cola Veteran Jason Marshall as New Chief Financial Officer

Crowdfunded brewery BrewDog announced earlier this week it has appointed Jason Marshall as its new Chief Financial Officer as it continues its global expansion. According to BrewDog, Marshall brings more than 20 years of experience of beverage experience and was reportedly a key member of the financial… Read More

Crypto Broker Robinhood Secures $363 Million Through Series D Funding Round to Expand Product Lineup

Robinhood, a Fintech broker firm, announced on Thursday it secured $363 million through its Series D funding round to expand its product lineup. The funding round was led by DST Global with participation from new investors  Iconiq, Capital G, Sequoia Capital, and KPCB. Existing investors… Read More

FundedByMe Celebrates Opening of Poland Office

On Tuesday, Swedish crowdfunding platform FundedByMe celebrated the opening of its new office in Poland. As previously reported, the funding portal has now established a new office in Warsaw representing the sixth international location beyond Sweden. Daniel Daboczy, CEO and co-founder FundedByMe, recently stated: “Poland is… Read More

Asian Fintech EMQ Announces Collaboration With Kotak Mahindra Bank to Expand Network Footprint in India

EMQ, a fintech firm with an extensive financial settlement network in Asia, announced on Tuesday a strategic partnership with Kotak Mahindra Bank to expand EMQ’s network footprint in India. This partnership will aid in meeting the growing demand for instant remittances to the country from more… Read More

Binance Announces Plans to Open Office In Malta After Recent Hacking Attempts

Binance announced plans to open a new office in Malta. CEO of the company, Zhao Changpeng, confirmed the office’s location by stating: “We are very confident we can announce a banking partnership there soon. Malta is very progressive when it comes to crypto and fintech.” Joseph… Read More

LATTICE80 Opens New Global Headquarters in London

Global Fintech Hub LATTICE80 announced on Friday it has strategically relocated its global headquarters from Singapore to London. The hub also reported that it is planning to expand into several cities globally, which includes London, New York City, and Seoul. This news comes just days after… Read More