Tagged: financial technology

July 15, 2020 @ 11:10 am By Samantha Hurst  |  

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

June 24, 2020 @ 4:24 pm By Samantha Hurst  |  

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

June 24, 2020 @ 9:25 am By Samantha Hurst  |  

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

June 22, 2020 @ 1:38 pm By Samantha Hurst  |  

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

June 21, 2020 @ 9:37 pm By Samantha Hurst  |  

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

June 2, 2020 @ 10:54 am By Samantha Hurst  |  

  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

June 1, 2020 @ 3:06 pm By Samantha Hurst  |  

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

May 22, 2020 @ 3:36 pm By Samantha Hurst  |  

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

May 22, 2020 @ 11:26 am By Samantha Hurst  |  

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

May 8, 2020 @ 9:53 pm By Samantha Hurst  |  

Australia-based SME challenger bank Judo Bank announced on Thursday it raised $250 million through its latest equity at a post-money valuation to more than $1 billion, which the bank reports has lifted it into an exclusive club of local unicorns and showing the support of… Read More

May 4, 2020 @ 12:20 pm By Samantha Hurst  |  

Safaricom, a Kenya-based telecom company and operator of M-Pesa, announced last week it has formed a new partnership with Visa (NYSE: V) to enable the development of products that will support digital payments for M-PESA customers. M-Pesa is a mobile banking service that allows users… Read More

April 28, 2020 @ 8:36 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has received the report on the special investigation by the auditing company KPMG that concluded there is no incriminating evidence founded for the publicly raised accusations of balance sheet manipulation. Wirecard reported… Read More

April 1, 2020 @ 3:11 pm By Samantha Hurst  |  

U.S. fintech Plaid announced earlier this week it is now powering Microsoft’s Money in Excel experience. Plaid reported that Money in Excel features a Plaid integration and the capabilities essentially turn the spreadsheet software into a fintech app. Plaid also revealed that the new experience… Read More

March 17, 2020 @ 8:42 am By Samantha Hurst  |  

Independent financial advisory organization, deVere Group, announced on Tuesday it is now offering free financial advice on a remote basis during the coronavirus outbreak. CEO and Founder of the deVere Group, Nigel Green stated that he and his team are launching Contactless Advice for four reasons:… Read More

March 13, 2020 @ 2:36 pm By Samantha Hurst  |  

Wombat Invest, a UK-based investment app, announced earlier this week it now has more than 12,500 users on its platform. This news comes just after the company secured its initial £250,000 funding target on equity crowdfunding platform Seedrs.  As previously reported, Wombat Invest offers investors… Read More

March 10, 2020 @ 3:52 pm By Samantha Hurst  |  

Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Tuesday it has begun transacting in Australia. The company reported it will also be supporting two of its major global customers, Klarna and Doordash with their own expansions… Read More

March 10, 2020 @ 9:46 am By Samantha Hurst  |  

FinTech South, a Southeast event dedicated to financial innovation, announces 10 startups selected for the Technology Association of Georgia (TAG) FinTech South Innovation Challenge’s 2020 class. According to FinTech South, the companies selected will participate in a four-week Education and Mentoring Program, which aims to… Read More

March 6, 2020 @ 8:19 am By Samantha Hurst  |  

Empower, a U.S.-based mobile banking app, announced on Thursday it secured $20 million through its Series A funding round. Participants of the round included new investors Icon Ventures, Defy Ventures, and David Velez, Founder and CEO of Nubank, one of the most valuable financial technology startups… Read More

March 5, 2020 @ 10:44 pm By Samantha Hurst  |  

Jassby, Inc., a U.S.-based family finance mobile app startup, announced on Thursday it raised $5 Million through its latest investment round, which was led by Moneta Capital and Needham Bank with participation from its existing investors such as Blumberg Capital, Correlation VC, and PnP Ventures. The funding… Read More

March 4, 2020 @ 11:55 am By Samantha Hurst  |  

U.S. fintech Brex announced on Wednesday the opening of its new office in Vancouver. The company reported that the location is its first-ever international office and will staff around 40 employees. The initial focus of the location will be software engineering and customer experience functions…. Read More