Tagged: financial technology

U.S. Fintech Flaist Unveils Conversational AI Tool “EVA” For Credit Unions, Community, & Regional Banks

Flaist, a U.S.-based fintech startup, announced on Monday the launch of its new AI tool, Eva, which helps credit unions, community, and regional banks better serve their existing customers and compete for new customers with larger financial institutions. Flaist stated it is on a mission… Read More

U.S. Fintech Finix Extends Series B Investment Round to $75 Million

Just six months after announcing it secured $35 million through its Series B funding round, payments infrastructure platform Finix announced it has extended the funding round and raised a total of $75 million. Sequoia Capital led the round, with participation from Acrew Capital, Bain Capital… Read More

U.S. Fintech Startup Routable Raises $12 Million Through Series A Investment Round

Routable, a U.S.-based fintech startup, announced on Wednesday it raised $12 million through its Series A funding round, which involved participation from Founders Co-op, Y Combinator, Box Group, and Liquid 2 Ventures. Founded in 2017, Routable claims to be the simplest way to send and receive business-to-business… Read More

Mastercard Announces Expansion of Accelerate Fintech Portfolio By Adding Entrepreneurs to Startup Engagement Program Start Path & Technology Partner to Engage Network

Mastercard announced on Wednesday the expansion of its Accelerate fintech portfolio by adding entrepreneurs to its startup engagement program Start Path and more technology partners to its Engage network. The additions are to provide access to expert engineers and specialists that may help customers deploy new services… Read More

InvestHK Announces Global Fast Track Program For Fintech Development

Invest Hong Kong (InvestHK) announced on Monday its new Global Fast Track Program, which is a business-driven program within Hong Kong Fintech Week (HKFW). According to InvestHK, the Fast Track program plugs fintech enterprises directly into Hong Kong’s diverse ecosystem of world-class regulators, business leaders,… Read More

Billtrust Unveils Business Payments Network 3.0; Announces Record Volumes & New Partnerships

Billtrust, a fintech firm focused on B2B payment cycle management, announced on Monday the launch of its Business Payments Network (BPN) 3.0, which offers support for ACH and wire. According to Billtrust, the new version gives network participants the “flexibility” to automatically transact through the… Read More

Curve Partners With Onfido to Provide Streamlined Onboarding For Customers

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has formed a partnership with global identity verification provider, Onfido, to speed up, simplify, and unify its Digital Identity and Know Your Customer (KYC) processes. “By integrating… Read More

Tide Joins Forces With DueDil to Enhance Account Opening Experience

UK-based challenger bank Tide has teamed up with UK fintech DueDil to further improve its account opening experience. The partnership will reportedly see Tide using DueDil’s company intelligence platform, providing insights on over 50 million companies worldwide, to speed up mandatory Know Your Customer (KYC)… Read More

Curve Appoints Former PayPal Executive Scott Weller As First CFO

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has appointed former PayPal executive, Scott Weller, as its first CFO.  According to AltFi, Weller has worked across the U.S., Asia, and Europe. He also was previously… Read More

U.S. Fintech True Link Secures $35 Million Though Series B Funding Round Led By Khosla Ventures & Centana Growth Partners

True Link Financial, a U.S.-based fintech that is focused on financial services among senior citizens, people with disabilities, and recovered addicts, announced on Tuesday it secured $35 million through its Series B funding round, which was led by Khosla Ventures and Centana Growth Partners. Founded… Read More

Funding Societies Named Winner Of a Silver Stevie Award in Innovation in Technology Category at the Asia-Pacfic Stevie Awards

Funding Societies, one of the largest peer-to-peer (P2P) lending platforms in Southeast Asia, announced on Tuesday it was named the winner of a Silver Stevie Award last week in the Innovation in Technology category in the seventh annual Asia-Pacific Stevie Awards. The online lender claims… Read More

Web-Based Financial Services China Finance Online Announces Partnership With Dow Jones

China Finance Online Co. Limited (NASDAQ GS: JRJC), a web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, announced… Read More

Hong Kong Fintech Qupital to Provide Service to eBay’s Cross-Border E-commerce Sellers

Qupital, a Hong Kong-based trade finance platform, announced on Wednesday it has entered into an agreement with leading global e-commerce platform eBay as one of its officially recommended Hong Kong financing service providers. According to Qupital, the collaboration will enable the Asian fintech to provide “quality,… Read More

Visa Teams Up With TerraPay to Drive Real-time Payments Interoperability

Visa Inc. (NYSE: V) announced on Wednesday it has formed a new partnership with TerraPay, a global payments infrastructure company, for the development and delivery of payment solutions in an effort to drive financial inclusion and cashless transactions for domestic payments and global remittances. The… Read More

Ant Financial to Reportedly Drop “Financial” From Name to Rename to Ant Technology Group

Ant Financial Services Group, the owner and operator of Alipay, has dropped the “Financial” part of its name and is set to rebrand to Ant Technology Group, according to the Wall Street Journal. Founded in 2014 by billionaire Jack Ma, Ant Group describes itself as… Read More

Fundbox Partners With LoanPro Software to Accelerate Flexible Credit Management Capabilities Development

Fundbox, a B2B payments and credit network developed to enhance B2B commerce at scale, recently announced it has partnered with  LoanPro, a cloud-based loan servicing platform, to accelerate the development of flexible credit management capabilities. While sharing details about the collaboration, Prashant Fuloria, COO of… Read More

UK Fintech GoCardless Announces New Partnership With YayPay

  UK-based payments platform GoCardless announced on Tuesday it has formed a new partnership with YayPay, a predictive account receivable (AR) automation solution. GoCardless claims that through the partnership YayPay will help its customers to get paid faster, improve cash flow, and significantly reduce payment… Read More

Mastercard: 78% of All Transactions Across Europe Are Now Contactless

Mastercard recently announced that 78% of all transactions across Europe are now contactless. The financial giant revealed it is committed to enabling 42 countries to raise their spending limits in order to help people everywhere benefit contactless pay. “With 89% of people asked agreeing that… Read More

DriveWealth Joins Forces With AI Wealth Management Platform INDmoney to Bring U.S. Stock Investing Technology to INDmoney Clients

Digital brokerage solution provider DriveWealth announced on Thursday it is joining forces with INDmoney, an artificial intelligence (AI) and machine-learning-based wealth management platform in India, to bring U.S. stock investing technology and capability to INDmoney clients. DriveWealth reported that the collaboration with INDmoney is the latest… Read More

India Fintech Startup Jingle Pay Set to Bring Neobanking Services to the Middle East

Jingle Pay, an India-based neobanking startup, announced on Thursday it is launching its fintech services into the United Arab Emirates (UAE). Launched in 2019, Jingle Pay offers social payment solutions for individuals and businesses on mobile as well as desktop platforms. “Jingle Pay has digitized… Read More

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