Tagged: financial technology

February 24, 2020 @ 1:08 pm By Samantha Hurst  |  

Glantus a global provider of financial automation and data intelligence solutions, announced on Monday it has acquired JPD Financial, a Vendor Credit Recovery services provider. According to Glantus, the acquisition will bring new levels of automation and AI to credit recovery and financial processing offered… Read More

February 23, 2020 @ 9:47 pm By Samantha Hurst  |  

Neobanking group Sogexia announced on Monday it has been granted its payment institution license by the Minister of Finances of Luxembourg. The company reported that since 2010 it has been providing to both consumers and corporates the ability to open a payment account in a… Read More

February 20, 2020 @ 2:08 pm By Samantha Hurst  |  

Billtrust, a fintech firm focused on B2B payment cycle management, announced on Thursday it has appointed Mark Shifke as its new CFO. According to Billtrust, Shifke has more than 35 years of financial and legal experience, with his recent position being CFO of Green Dot,… Read More

February 20, 2020 @ 8:15 am By Samantha Hurst  |  

TotallyMoney, a UK-based fintech firm that helps its clients make better financial decisions by putting them right at the center of their credit data, announced on Wednesday it has signed up its three millionth customer since its launch in 2017. This news comes just a… Read More

February 19, 2020 @ 11:41 am By Samantha Hurst  |  

Global payables platform Tipalti announced on Wednesday it has surpassed $10 billion in annual transactions. The company reported the news coincides with it exceeding 900 customers, once again doubling new customer bookings in 2019. Tipalti also added 65 new team members during the second half… Read More

February 19, 2020 @ 7:25 am By Samantha Hurst  |  

Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced on Wednesday it has appointed Kahina van Dyke as its new Global Head of Digital Channels and Client Data Analytics. According to Standard Chartered, Kahina joins from Ripple where… Read More

February 18, 2020 @ 1:53 pm By Samantha Hurst  |  

Fintech infrastructure development company Alchemy Technologies announced on Tuesday it appointed former Liberty Lending CEO Walt Ramsey to its Advisory Board. According to Alchemy, Ramsey held various senior leadership as well as executive position at JPMorgan Chase, Lloyds Bank, Experian, GE Consumer Finance, Associates (Acquired by Citigroup) as… Read More

February 17, 2020 @ 1:28 pm By Samantha Hurst  |  

Wombat Invest, a UK-based investment app, has launched a new equity crowdfunding campaign on Seedrs to raise £250,000 at a pre-money valuation of £2.5million. The company is currently offering 9.07% in equity through the funding round. Founded in 2017, the fintech startup allows investors to… Read More

February 17, 2020 @ 7:32 am By Omar Faridi  |  

Approximately 80% of all Chinese banks will acquire and integrate Fintech solutions from the cloud market, according to International Data Corporation (IDC), a leading multinational market intelligence company.  China’s Fintech sector is known for quickly adopting a broad range of information technologies including cloud computing,… Read More

February 14, 2020 @ 11:08 pm By Samantha Hurst  |  

Small business lending platform and fintech Numerated announced this week an expansion of its platform to support banks’ full suite of business banking products. The platform will now be offering pre-filled digital applications across business banking products, and a range of digital lending and account… Read More

February 14, 2020 @ 10:58 pm By Samantha Hurst  |  

Toast, a U.S.-based restaurant management fintech platform, announced on Friday it secured $400 million through its Series F funding round, which was led by Bessemer Venture Partners, TPG, Greenoaks Capital, and Tiger Global Management with participation from Durable Capital Partners LP, TCV, funds and accounts… Read More

February 13, 2020 @ 10:24 pm By Samantha Hurst  |  

Reggora, a U.S. fintech that specializes in residential appraisal software, announced on Thursday it secured $10 million through its Series A funding round, which was led by Spark Capital. Founded in 2016, Reggora describes itself as a modern appraisal technology company that provides mortgage lenders… Read More

February 13, 2020 @ 11:12 am By Samantha Hurst  |  

Following the announcement that N26 was departing the UK after the country left the European Union, digital challenger bank Monzo shared with UK N26 customers the reasons to switch to its banking service. As previously reported, N26 reported that with the UK now having left… Read More

February 12, 2020 @ 3:50 pm By Samantha Hurst  |  

Ireland-based fintech company Fenergo announced on Wednesday it secured $80 through its latest investment round, which was led by ABN AMRO Ventures and DXC Technology. Founded in 2009, Fenergo describes itself as a digital enabler of client and regulatory technology for financial services. The company… Read More

February 12, 2020 @ 10:52 am By Samantha Hurst  |  

Stake, an Australian-based commission-free trading app for stocks and ETFs, has officially launched its services in the UK. This news comes just weeks after Stake announced its UK beta operations. As previously reported, Stake claims it democratizes global share markets to bring the “world’s largest… Read More

February 12, 2020 @ 10:01 am By Samantha Hurst  |  

EasyEuro, a France-based fintech startup, announced this week it secured $4 million through its latest investment round, which was led by Shanghai-based Ally Capital, with participation from seed investors SwiftPass, Geoswift, Huashan Capital and Unity Assets. The funds will be used to launch EasyEuro’s neobank… Read More

February 11, 2020 @ 10:42 am By Samantha Hurst  |  

Payments platform Square recently announced it has acquired Dessa,  which is described as a Toronto-based company building machine learning applications that address significant “real-world challenges” for all types of businesses.  According to Square, the acquisition of Dessa will help the platform further boost its machine… Read More

February 11, 2020 @ 8:42 am By Samantha Hurst  |  

Pelican, a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, announced on Tuesday it has expanded its global sales reach by partnering with CMSoft Co., Ltd in South Korea. According to Pelican, the new strategic partnership will enable the company… Read More

February 10, 2020 @ 10:14 am By Samantha Hurst  |  

Barclays announced on Monday it has extended its partnership with multinational financial services corporation, Visa. Barclays reported that the European agreement with Visa, which recognizes the “unique position” Barclays has in the market, is designed to drive innovation and product development as well as facilitate… Read More

February 9, 2020 @ 11:07 pm By Samantha Hurst  |  

Bitmain Technologies, a China-based consumer-grade ASIC miner, recently address fraudulent usage of websites Bitmain.farm and Antminersmiling.com. The company reported it discovered some websites that have been impersonating Bitmain and have been communicating with its existing customers under false pretense. “In order to protect the legitimate… Read More