Tagged: financial products

First Trust Becomes ETF Issuer at SIX Swiss Exchange

First Trust’s two new products raise the total number of ETFs traded at SIX Swiss Exchange to 1,710. Société Générale takes over market making “for continuous liquidity provision.” Christian Reuss, Head SIX Swiss Exchange, said: “We warmly welcome First Trust Global Funds plc as new… Read More

Bitcoin ETFs: Grayscale Shares Latest GBTC Comment Letter

Craig Salm, Chief Legal Officer at Grayscale, notes that as we all await a decision from the DC Circuit in their lawsuit to convert GBTC to a spot bitcoin ETF, the firm’s legal team at Davis Polk submitted a comment letter “to GBTC’s pending 19b-4… Read More

Digital Banking: Nubank’s Cuenta Nu Reaches 1M Accounts A Month After Full Launch in Mexico

Just one month after its public launch in Mexico on May 4th, one million people already have Cuenta Nu – which is the local digital account and second financial product of Nu Mexico, Nubank’s (NYSE: NU) subsidiary in the country. The rapid growth of the… Read More

Embedded Payments Platform Rize Money Acquired by Fifth Third Bancorp

Fifth Third Bancorp (NASDAQ: FITB) is pleased to announce the acquisition of Rize Money, Inc., an embedded payments platform that “provides payment infrastructure and risk management capabilities to fintechs and other technology companies that want to offer innovative financial products through a single application programming… Read More

Payments Fintech Brightwell Appoints Robert Berris as Chief Innovation Officer

Brightwell, a payments technology company that builds financial products to send money securely anywhere in the world and one of the leaders at the forefront of innovative fintech solutions, announced that it has hired Robert Berris “as the company’s first Chief Innovation Officer.” Considered an… Read More

Fintech Brightwell, Dash Solutions to Bring Security, Remittances to Platform

Brightwell, a payments technology company building financial products to send money securely anywhere in the world, announced its partnership with Fintech solution and payments program manager Dash Solutions, formerly known as Prepaid Technologies. As a pioneer of the prepaid industry, Dash Solutions joins other Fintechs… Read More

MoneyLion, Column Tax to Offer Clients Free Tax Services

MoneyLion Inc. (NYSE: ML), the go-to destination for personalized financial content, financial products and advice, announced it is offering eligible MoneyLion users free tax filing services “through its new partnership with Column Tax, a personal income tax software company.” Through this partnership, MoneyLion offers “a… Read More

Credit Karma Joins Forces With Bud’s Open Banking to Help UK Members With Financial Products & Assistance With Smart Money Decisions

  Credit Karma announced on Friday it has partnered with Bud in a move to provide Open Banking access and smarter services to its members in the UK. Credit Karma reported it provides customers in the UK with one of the most advanced and personalized… Read More

Cross River Announces Partnership With SeedFi For Financial Products & $50 Million Debt Financing

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Wednesday it has joined forces with financial health startup SeedFi. Cross River reported it will be powering SeedFi’s new Credit Builder and Borrow & Grow plans through its… Read More

Financial Product & Services Comparison Platform Monva Returns to Crowdcube: Now Seeking £200,000 in Funding

Less than a year after raising £479,440 through its first Crowdcube funding round, Monva, a UK-based intelligent comparison platform for financial products and services, has returned to the equity crowdfunding platform to raise a minimum of £200,000. The newly launched funding round has already attracted more… Read More

Stripe Announces Launch in Five More European Countries

Payments platform Stripe announced on Wednesday it has expanded its services to five more European countries. Stripe reported it will be generally available in the Czech Republic, Romania, Bulgaria, Cyprus, and Malta.  While sharing more details about the launch, the Stripe team stated: “[We have]… Read More

Update: Financial Product & Services Comparison Platform monva Set to Close Crowdcube Round With More Than £400,000 in Funding Raised

monva, a UK-based intelligent comparison platform for financial products and services, is set to close its equity crowdfunding campaign on Crowdcube with more than £400,000 in funding secured. The initiative, which has already attracted nearly 625 Crowdcube investors, was launched last month and was originally… Read More

Overfunding: Financial Product & Services Comparison Platform monva Surpasses £250,000 Funding Target on Crowdcube

monva, a UK-based intelligent comparison platform for financial products and services, has successfully secured its initial £250,000 equity crowdfunding target on Crowdcube. The funding round, which was launched last month, has attracted more than 370 Crowdcube investors. As previously reported, monva was founded in 2018… Read More

Financial Product & Services Comparison Platform monva Now Seeking £250,000 Through Crowdcube Funding Round

monva, a UK-based intelligent comparison platform for financial products and services, has launched an equity crowdfunding campaign on Crowdcube to raise a minimum of £250,000. The company is now offering 12.22% in equity at a £2,247,112 pre-money valuation. Founded in 2018, monva is on a… Read More

Fintech: Monetary Authority of Singapore Announces Sandbox Express For Faster Financial Services Market Testing

The Monetary Authority of Singapore (MAS) announced on Wednesday it launched Sandbox Express to provide firms with a faster option to test financial products and services in the market. MAS reported that eligible applicants can begin market testing in the pre-defined environment of Sandbox Express… Read More

BBVA Partners With Uber to Launch Third Party Banking Product in Mexico

BBVA announced on Tuesday, in partnership with Uber, that it is launching what it claims to be the first banking product in Mexico that operates in a third-party app. BBVA reported that through the Uber application, Uber’s driver and delivery partners may quickly and easily… Read More

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