Tagged: financial technology

Fellow Finance Now Trading on Nasdaq First North Finland

Nasdaq announced trading in Fellow Finance Plc (Nasdaq:Fellow) shares commenced on Wednesday on Nasdaq First North Finland.  As previously reported, Fellow Finance will issue a total of 1,300,000 new shares in addition to which certain existing shareholders in the company are offering 1,293,658 shares in the… Read More

Plug and Play Singapore Announce First Batch of Startups Selected For Fintech & Insurtech Program

Plug and Play announced earlier this week the first batch of startups selected for its multi-corporate Fintech and Insurtech program in Singapore. The accelerator reported it screened over more than applicants for the program. While sharing more details, Kayvon Deldar, Program Head of Plug and Play… Read More

Sageworks Launches New Loan Automation Tool to Increase Speed Through Financial Institutions’ Lending Processes

Sageworks, a U.S. fintech that offers lending, credit risk, and portfolio risk solutions to banks and credit unions, announced on Tuesday the launch of its Sageworks Loan Automation tool to help financial institutions increase the speed and ease of their lending processes. According to Sageworks, the Sageworks Loan… Read More

First Hawaiian Bank Teams Up With Fiserv to Launch Voice Banking

Hawaii

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Monday that First Hawaiian Bank is making banking more convenient for its customers by launching new voice banking feature. The bank will be utilizing Voice Banking: Amazon Alexa from Fiserv to enable… Read More

UK Fintech Jaja Finance Announces Launch of Mobile-First Credit Card “Jaja”

Jaja Finance, a UK-based fintech startup, announced on Monday the launch of its new mobile-first credit card, Jaja. According to Jaja Finance, the credit card, which is managed entirely through the Jaja app, is designed to liberate consumers by redefining the consumer experience, making credit cards simpler,… Read More

U.S. Fintech Payscape Announces Partnership With the National Construction Trade Association

Payscape, a U.S.-based fintech startup, announced on Friday it has formed a partnership with the National Construction Trade Association (NCTA) to offer its members financial technology and merchant processing. According to Payscape, the collaboration will also create “Non-Dues Revenue” for NCTA, and allow the organization… Read More

deVere Debuts New Investment Mobile App “deVere Core”

Independent financial advisory organization, deVere Group, recently announced the launch of its investment mobile, deVere Core. According to deVere, the deVere Core app was created due to a “seismic shift in client expectations.” deVere Group founder and CEO, Nigel Green, stated that the new app is… Read More

Oppenheimer Appoints Rahul Buxani As New Managing Director Focused on Fintech

Investment bank, wealth manager, and Oppenheimer Holdings subsidiary, Oppenheimer & Co, Inc. announced on Tuesday it has appointed Rahul Buxani as its new Managing Director focused on Fintech. According to Oppenheimer, Buxani’s appointment is part of a significant strategic expansion of its commitment to the… Read More

Walmart Teams Up With Fintech Startups Even & PayActiv to Launch Financial Wellness Services For Associates

On Wednesday, retail giant Walmart announced it has teamed up with fintech startups Even and PayActiv to provide a suite of new financial wellness services for its more than 1.4 million associates nationwide. According to the retailer, this new financial solution will allow its associates… Read More

Challenger Bank Monzo Seeking to Open New Office in Cardiff

On Friday, Monzo announced it is seeking to open a new office in the city of Cardiff. According to the challenger bank, its London office is currently bursting at the seams, with 171 people working in its headquarters and 67 working remotely. “To help us… Read More

Chinese VC Firm Pando Group Invests $2M In Israeli Fintech Hub ‘The Floor’

Israel’s fintech scene is a can’t-miss these days. As a recent example, Chinese venture capital firm Pando Group has invested US$2 million (HK$15.53 million) in Israeli financial technology (fintech) hub The Floor in Tel Aviv, notes the South China Morning Post. The funds support the creation of… Read More

Brief: Investment In UK FinTech Soared In 2015 By 35% To $901M, Reveals Innovate Finance

UK investment for financial technology (FinTech) firms increased by 35 percent to $901M across 72 deals, according to statistics compiled through PitchBook by Innovate Finance, the not-for-profit membership association for global FinTech. The rise in UK investment was led by large funding rounds from Funding… Read More

Fintech Mergers And Acquisitions In 2015 Double The Value Of Deals In 2014, Finds Berkery Noyes

2015 was a great year for financial technology (fintech), as recently released stats from Berkery Noyes show. Among other findings, 2015 saw 427 fintech mergers and acquisitions, a total transaction volume increase by 14 percent over 2014, from 376.  Total transaction value in 2015 more than doubled over… Read More

Major Japanese Bank Mitsubishi UFJ Said To Create Division For Fintech Research

Japan’s banks are beginning to say konnichiwa with more enthusiasm to Fintech: Mitsubishi UFJ Financial Group Inc., a major Japanese bank, has created a unit to research and develop new financial technologies, according to sources cited in a recent Bloomberg story. A spokesman for Mitsubishi UFJ in Tokyo, Taiki… Read More

BRIEF: Draper Ecosystem’s ‘Fintech Connection’ at Hero City Targets FinTech Startups

To officially launch the Draper Ecosystem’s “Fintech Connection,” the company’s new mentoring program targeting early stage fintech start-ups, the Fintech Connection Forum will take place on the afternoon of Monday, April 20, at Hero City in San Mateo, Calif. The invite-only event will offer fintech start-ups and investors to… Read More

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