Tagged: expansion

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 £1.25 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 17, 2018 @ 1:58 pm By Samantha Hurst  |  

Following the announcement that Glint was seeking a total of £15 million through Series A financing round to expand into the U.S. and Japan by the end of this year, the UK fintech launched an equity crowdfunding campaign on Crowdcube to raise £1,250,000 as part of the Series… Read More

July 12, 2018 @ 9:13 am By Samantha Hurst  |  

UK fintech Glint announced on Thursday it is now seeking £15 million through its Series A financing round to expand into the U.S. and Japan by the end of this year. This news comes nearly eight months after the company launched its mobile app, which allows… Read More

July 9, 2018 @ 10:43 am By Samantha Hurst  |  

Fintech unicorn, TransferWise, launched its money transfer services in Hong Kong last week. This news comes just a few weeks after the company launched the services in Argentina. As previously reported, TransferWise converts that money at a better rate and pays the transfer out using local pools… Read More

July 4, 2018 @ 12:19 pm By Samantha Hurst  |  

Revolut, a digital-only bank that claims it is signing up over 120 businesses per day, announced on Wednesday it has signed up one million customers in the UK and saved them over $330 million in fees, as the London-based company continues to prep for global expansion…. Read More

July 3, 2018 @ 3:56 pm By Samantha Hurst  |  

Australian global payments provider Verrency announced on Tuesday is continuing to grow its global footprint, appointing Aaron Oliver as Commercial Director for Asia and the Middle East, based in Singapore. Founded in 2016, Verrency states its payments API platform has been designed to enable financial institutions to innovate more efficiently and effectively through a… Read More

July 3, 2018 @ 12:32 pm By Samantha Hurst  |  

On Tuesday, Australian fintech and open banking platform, Trade Ledger, announced the opening of its new European operation headquartered in London, and the appointment of two key management positions to help drive the expansion. The company reported that the expansion will boost Trade Ledger’s international traction and… Read More

June 22, 2018 @ 9:19 am By Samantha Hurst  |  

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

June 19, 2018 @ 9:34 am By Samantha Hurst  |  

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

June 18, 2018 @ 7:46 am By Samantha Hurst  |  

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

June 12, 2018 @ 8:00 am By Samantha Hurst  |  

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

June 12, 2018 @ 7:00 am By Samantha Hurst  |  

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

June 8, 2018 @ 10:13 am By Samantha Hurst  |  

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

June 7, 2018 @ 9:07 am By Samantha Hurst  |  

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

June 6, 2018 @ 2:47 pm By Samantha Hurst  |  

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

May 26, 2018 @ 4:14 pm By Samantha Hurst  |  

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

May 23, 2018 @ 10:12 am By Samantha Hurst  |  

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

May 23, 2018 @ 9:07 am By Samantha Hurst  |  

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

May 22, 2018 @ 1:44 pm By Samantha Hurst  |  

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

May 16, 2018 @ 12:02 pm By Samantha Hurst  |  

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