Tagged: financial technology

Fintech Startup Plaid Secures $250 Million Through Series C Funding Round

Plaid, a U.S.-based fintech startup, announced on Tuesday that it is secured $250 million through its Series C funding round, which was reportedly led by venture capitalist and Internet Trends author, Mary Meeker. Plaid was founded in 2012 and focuses on enabling innovation and democratizing… Read More

Investment Platform Motive Partners Announces Finantix Acquisition

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Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Tuesday it has acquired a controlling interest in Finantix, which is a provider of technology enabling the digitalization of omni-channel advisory, sales, and services processes of private banks, wealth managers and insurance companies. This… Read More

U.S. Fintech Kyriba Forms New Partnership With WorldFirst to Expand Global Solutions Ecosystem

U.S. fintech startup Kyriba Corp. announced on Monday it has formed a partnership with WorldFirst, a foreign exchange and international payments expert, to expand its global solution ecosystem. According to Kyriba, the partnership with WorldFirst will streamline payment processes, increase the speed and transparency of cross-border payments, and… Read More

Mauritius Africa Fintech Hub Set to Launch in December

The Mauritius Africa Fintech, an organization based in Port Louis, announced on Friday its new hub is currently set to open this December. According to the not-for-profit, the hub is being supported by the Mauritian government, regulatory authorities and financial service providers, both big and… Read More

Intesa Sanpaolo Now Set to Offer Customers Apple Pay

Intesa Sanpaolo announced on Tuesday it is bringing its customers Apple Pay, which is available on all credit cards, prepaid cards and XME Card debit cards issued by the Intesa Sanpaolo Group. According to the fintech, Apple Pay adds another important step to the digital transformation process… Read More

Monzo Now Allowing Users to Start Spending Immediately After Signup With Google Pay

UK challenger bank Monzo announced on Monday it is now bringing instant signup to Google Pay. This news comes just six months after the fintech announced users are now able to use Apple Pay for purchases. Monzo reported that if users sign up to Monzo today on… Read More

HSBC Canada Forms New Partnership With Biz2Credit to Give Canadian Small Business Owners Financing Quicker & Easier

Biz2Credit announced on Monday it is working with HSBC Bank Canada to give Canadian small business owners quicker and easier access to apply for business financing through HSBC eCredit. According to the duo, HSBC eCredit is a digital-first approach to lending, which will allow small business… Read More

Ping An’s OnConnect Set to Open New Singapore Office; Announces Plans to Expand Within Southeast Asian Region

OneConnect, a subsidiary of China’s insurance giant, Ping An, announced on Monday it officially opens in Singapore this month and is set to expand within the region at a rapid pace. The company reported that while it is the early days for OneConnect Singapore, the new office have already received overwhelming regional customer… Read More

AI-Powered Automatic Savings Account Chip’s Latest Funding Round Surpasses £3.4 Million During the Final Days on Crowdcube

Chip, an AI-powered automatic savings account mobile app, has successfully secured more than £3.4 million from over 5,580 investors in less than two weeks through its recent equity crowdfunding campaign on Crowdcube. The company previously raised nearly £1 million through its first Crowdcube round in 2017…. Read More

Money Dashboard Announces In-App Integration With PensionBee

Money Dashboard, a UK-based online personal financial management service, announced this week it has in-app integrated with pension manager PensionBee. As previously reported, Money Dashboard is described as a personal financial assistant that shows users exactly where money goes and helps the user make better financial decisions…. Read More

Dutch Fintech Bitsafe Announces Launch of Borderless Basic Payment Account

Bitsafe, a Holland-based fintech, announced earlier this week the launch of its borderless Basic Payment Account. According to the startup, this new account works just like a local bank account and allows account holders can make deposits, make payments and withdraw funds. Every Bitsafe account comes… Read More

PayPal Announces Full Acquisition of Hyperwallet

PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Thursday it has completed its acquisition of Hyperwallet for approximately $400 million USD. According to the firm, this transaction will strengthen PayPal’s payout capabilities and enhance PayPal’s ability to provide an integrated suite of payment solutions to e-commerce… Read More

U.S. Fintech Self Lender Secures $10 Million Through Series B Financing Round Led By Altos Ventures

Self Lender, a U.S.-based fintech startup that offers Americans a way to build their credit while also saving money, today announced a $10 million round of Series B financing, which was led by Altos Ventures with additional participation from Silverton Partners, Accion Venture Lab, and others. The company… Read More

Monzo Forms New Partnership with PayPoint For Cash Payment Solution

UK-based challenger bank Monzo has teamed up with PayPoint to use its cash payments solution for its current account holders. According to the fintech, customers may now deposit up to £300 cash directly into their Monzo account in a single transaction at any of PayPoint’s 28,000 stores…. Read More

AFSA, AIFCA, & MAS Signs Corporate Agreement to Boost Fintech Ties Between Singapore & Kazakhstan

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The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS) announced on Tuesday they have signed a tripartite Cooperation Agreement to boost FinTech ties between Singapore and Kazakhstan. The Cooperation Agreement was signed by Mukhtar Bubeyev, Acting… Read More

Chinese Fintech Pintec Forms Partnership With Beijing Evercare For Installment Financing

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday it has formed a new partnership with Beijing Evercare, a company that provides medical aesthetic treatments and health management service. Pintec reported that it will provide Beijing Evercare with an efficient and customized installment payment solution, enabling… Read More

N26 Expansion: German Challenger Bank Brings Services to Denmark, Norway, Poland, & Sweden

Germany-based challenger bank N26 is bringing its services to Denmark, Norway, Poland, and Sweden. This news comes just weeks after the fintech officially launched in the UK. As previously reported, N26 was founded in 2013 and stated it has redesigned banking to make it simple, fast and contemporary…. Read More

Update: UK Fintech Jaja Surpasses £3 Million Funding Goal on Seedrs

Jaja Finance, a UK-based fintech startup, surpassed its initial £3 million funding target on equity crowdfunding platform, Seedrs. The funding round has attracted more than 750 investors. As previously reported, Jaja Finance was founded in 2016 and is on a mission to create “beautiful simplicity where there is… Read More

Payments Provider Paysafe Announces Global Hackathon Winner

Global payments provider Paysafe announced on Monday the winner of its global hackathon. As previously reported, the company hosted its first global hackathon in five of its developer locations, which are Sofia (Bulgaria), Vienna (Austria), Hyderabad (India), Montreal and Calgary (Canada). The event was specifically created to… Read More

Wirecard Expansion: Bring Digital Fintech Platform Services to Australia & New Zealand

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is bringing its digital fintech platform to Australia and New Zealand. Wirecard reported its platform is now available in New Zealand for e-commerce services and Australia for omnichannel solutions. As part of… Read More

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