Tagged: financial

Digital Financial Advisor Ignition Makes Debut in the UK

  Ignition, an Australia-based digital financial advising platform, announced this week it has launched its services in the UK.  Founded in 2014, Ignition describes itself as a global advisor technology specialist for financial institutions seeking to help more customers have access to financial advise in… Read More

Affirm’s Fiscal Year 2021 Third Quarter Results Reveals: Year-Over-Year Gross Merchandise Volume Growth to 83%; Increases Active Consumers By 60% Year-Over-Year

  U.S.-based buy now pay later fintech Affirm announced on Tuesday the financial results of its fiscal 2021 third quarter, which ended on March 31, 2021.  According to Max Levchin, Founder and CEO of Affirm, the company’s third-quarter results reflect on the continuous progress towards… Read More

Overfunding: UK AI-Powered Fintech Expend Quickly Surpasses £500,000 Target Through Seedrs Campaign

  Expend, a UK-based AI-powered fintech, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round, which recently made its debut, has already attracted more than 100 Seedrs investors. Founded in 2016, Expend claims it has steadily grown its customer… Read More

Plaid Announces New API Partnership With Railsbank

  U.S. fintech Plaid announced on Thursday it has joined forces with Railsbank. Plaid reported that through the new partnership, Railsbank customers in the UK will have access to Plaid’s Payment Initiation API to accept instant bank payments directly within their app or website. Plaid… Read More

BitGo Announces Acquisition of Financial Platform Lumina; Unveils Wallet Platform “BitGo Portfolio & BitGo Tax”

BitGo, a digital asset financial services provider, recently announced it has acquired Lumina, a financial platform for managing digital assets. BitGo reported that with the acquisition, it introduced its next-generation wallet platform: BitGo Portfolio: Clients can now bring data from any exchange or wallet into a single dashboard… Read More

Live Streaming Platform For Trading, Economics, & Finance ShareVision Raises Nearly £375,000 Through Seedrs Campaign

  ShareVision, a UK-based live streaming platform specifically for trading, economics, and finance, has raised nearly £375,000 through its equity crowdfunding campaign on Seedrs. Founded in 2020, ShareVision is providing a “level of access” to traders, economists, and financiers that it claims has not been seen before. “Our… Read More

U.S. Fintech Avant Acquires Zero Financial & Level

U.S. fintech Avant announced on Wednesday it has completed the acquisition of Zero Financial and neobank Level. Avant reported the acquisition of Level will allow it to expand its reach by offering digital banking experiences to its American customers. According to Avant, Level offers cashback… Read More

Microsoft Unveils Financial Services Cloud

  Microsoft announced on Wednesday the plans to release Microsoft Cloud For Financial Services. According to Microsoft, the Microsoft Cloud for Financial Services is an end-to-end solution designed for even the most complex control frameworks and regulatory requirements.  “By integrating existing and new capabilities in… Read More

PayDashboard Unveils Financial Wellbeing Marketplace “Moneysmart”

PayDashboard, a UK-based interactive payslip platform, announced on Wednesday the launch of its new financial wellbeing marketplace, Moneysmart. According to PayDashboard, the marketplace smart matches consumers with a range of suitable financial products and services based on their lifestyles, attitudes to money and financial situations…. Read More

Financial & Lifestyle Mobile App Longevity Card Now Seeking £415,000 Through Seedrs Funding Round

    Longevity Card, a UK-based mobile app for managing funds and leading healthy lifestyles, is now seeking a minimum of £415,000 through its equity crowdfunding campaign on Seedrs. Founded in 2020, Longevity Card claims to be new way to manage money and lead a… Read More

Update: Family Finance Mobile App Jassby Completes SeedInvest Round With More Than $2.9 Million Raised

  Jassby, Inc., a U.S.-based family finance mobile app startup, has successfully raised more than $2.9 million through its SeedInvest funding round. As previously reported, Jassby stated it has developed the “next big payment system” that offers families a service through which kids may receive… Read More

German Financial Compliance in E-Commerce Platform Taxdoo Raises $21 Million Through Series A Financing Round Led By Accel

  Taxdoo, a Germany-based automated platform for financial compliance in e-commerce, announced earlier this week it raised $21 million through its Series A funding round, which was led by global venture capital firm Accel with participation from Visionaries Club, 20VC and existing investor HTGF. Founded… Read More

French Financial Giant Société Générale Reportedly Expected to Shutdown 600 Branches in France By 2025

  Paris-based Société Générale S.A., a French multinational investment bank and financial services company with around €1.3 trillion in assets, is reportedly set to close 600 of its branches by 2025. This is notably due to the merging of the banking group’s two retail bank… Read More

Gold Payment App CORO Receives Money Transmitter License in Mississippi & Announces Plans to Start Customer Onboarding

CORO, a U.S.-based gold payment app, announced on Tuesday it has received its money transmitter license in Mississippi. This news comes just days after CORO received its money transmitter license in Alabama. As previously reported, CORO has created a new financial payment system that allows… Read More

Gold Payment App CORO Receives Money Transmitter License in Alabama

CORO, a U.S.-based gold payment app, announced on Tuesday it has received its money transmitter license in Alabama. The latest milestone comes just a little over a month after  CORO received its money transmitter license in Oregon. As previously reported, CORO has created a new… Read More

Revolut Junior Unveils New Savings Feature “Goals”

Digital bank Revolut announced on Thursday its service Revolut Junior has launched a new feature called Goals, which offers an “easy and fun way” to learn about savings. According to Revolut, Revolut Junior is designed for young people ages 7 to 17 years old and… Read More

Gold Payment App CORO Granted Money Transmitter License in Oregon

CORO, a U.S.-based gold payment app, announced on Wednesday it has received a Money Transmitter license by the State of Oregon. Founded in 2018, Coro states it has created a new financial payment system that where gold to be used as a currency in everyday… Read More

Update: Boring Money’s Crowdcube Round Now Nearing £900,000 in funding

Boring Money, a UK-based startup that helps users make better financial choices by offering investment/pension guides, is now nearing 900,000 in funding through its equity crowdfunding campaign on Crowdcube. The company’s funding round made its debut earlier this month, originally seeking £300,000.  As previously reported,… Read More

Overfunding: Financial Teams Communication Platform Echofin Surpasses £300,000 Funding Target Through Seedrs Campaign

  Echofin, a communication platform for financial teams, has successfully secured its initial £300,000 funding target through its equity crowdfunding campaign on Seedrs. The initiative launched last month and has attracted nearly 140 Seedrs investors.  As previously reported, Echofin was founded in 2018 and calls… Read More

Overfunding: Boring Money’s Equity Crowdfunding Campaign Quickly Secures £300,000 Funding Target on Crowdcube

Boring Money, a UK-based startup that helps users make better financial choices by offering investment/pension guides, quickly surpassed its initial £300,000 funding target and is now nearing £730,000 raised through its equity crowdfunding campaign on Crowdcube. Founded in 2015, Boring Money states it blends quantitative… Read More

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