Tagged: fintech

SmartCard Marketing Systems Expands Fintech Accelerator Offering

Fintech payment accelerator and solutions provider, SmartCard Marketing Systems Inc., announced on Friday it expanded its fintech accelerator offering for independent software vendors to prepare for biometrics, blockchain, and AI interoperability. SmartCard Marketing Systems stated its strategy is built on compounded years of experience and success… Read More

Capitec Bank Invests €21 Million in Fintech Company Creamfinance During Series B Funding Round

European fintech company, Creamfinance LLC, announced on Monday it received a €21 million investment from South Africa’s Capitec Bank during its Series B funding round. The new round of funding comes just after the company secured €5 million during its Series A round from international venture capital… Read More

WorldRemit Announces Asia Expansion: Launches Online Money Transfers in Japan

WorldRemit, announced on Monday it is launching its online money transfer services in Japan. This news comes less than a week after the company announced its launch in Hawaii and customers in Japan will now be able to send money to family and friends worldwide, using… Read More

Temenos Claims Collaboration Between Banks and Fintech Key to Survival

New financial regulations, including the EU’s Second Payment Services Directive and their open architecture framework that forces banks to share transaction data, may force banks and Fintechs to fight for customer loyalty. Compromises must be made between the competitors. However, according to the banking and… Read More

MIT Uses Hackathon to Bring Togther Fintech & Traditional Services

MIT’s recent fintech hackathon, its first ever, connected the Fintech industry with more traditional financial services. This combination is yet another signal that Fintech is changing. Priscilla Cherie Koepke, the FinTech Practice Leader at MIT’s Martin Trust Center for Entrepreneurship, is tasked with creating an… Read More

Fintech Startup Squirrel Completes SyndicateRoom Funding Round

Squirrel, a personal finance app designed to help users have more control over their money, has successfully completed its SyndicateRoom funding round with £585,000 in funds. The company launched the initiative in January seeking  £400,000. As previously reported, Squirrel is an FCA-authorised business that issues… Read More

Malaysian Fintech Company Jirnexu Secures $1.5 Million During Series A Funding Round Led By Existing Investor DMP

Jirnexu, a Malaysia-based fintech startup, announced this week it has secured $1.5 million during its Series A funding round, which was led by existing investor DMP with participation from Gobi Partners and OSK Ventures International Board. The company stated that it enables banks, insurance companies,… Read More

State Bank of Vietnam Creates Steering Committee on Fintech

Last Friday, the Governor of the State Bank of Vietnam (SBV) signed Decision No.328/QĐ-NHNN to establish SBV Steering Committee on Fintech. According to the bank, the Steering Committee on Fintech will be led by Deputy Governor Nguyen Kim Anh and Deputy Director of SBV Payment… Read More

Deutsche Bank Opens Fintech Innovation Lab in New York City

Deutsche Bank announced on Tuesday the opening of its Fintech innovation lab in New York City. This is the bank’s fourth global lab and it is located in Lower Manhattan’s Fulton Center. The lab will explore new technologies focused in various industries, including artificial intelligence,… Read More

Innovate Finance Announces Pitch360 Finalists: 24 Fintech Startups, 8 Categories, 360 Seconds to Pitch

Innovate Finance, the membership association for UK’s global fintech sector, announced on Wednesday the finalists for Pitch360, the organization’s first fintech startup competition, which takes place on day two of Innovate Finance’s prestigious global summit at Guildhall London on April 11th. Applications for the pitch session… Read More

Fintech Circle Teams Up With Cape Innovation & Technology Initiative to Launch Fintech Academy Africa This Spring

FinTech Circle has formed a partnership with Cape Innovation and Technology Initiative (CiTi) to launch FinTech Academy Africa. The companies revealed that the new program is geared towards those interested looking more about fintech and the curriculum was designed to deliver a comprehensive understanding of the… Read More

Georgia Fintech Company Gro Solutions Raises $4.25 During Financing Round Led By TTV Capital

Georgia-based digital growth solutions for banks and credit union provider, Gro Solutions, announced on Monday it secured $4.25 million during its latest financing round, which was led by Atlanta-based TTV Capital with participation from BIP Capital, C&B Capital, and BLH Venture Partners. Gro Solution reported… Read More

Fintech Companies eNett International & Invoice Bazaar Announce Partnership: Seeks to Streamline Supplier Payments for Travel Companies

B2B travel payment solutions provider eNett International announced on Monday it has teamed up with UAE supply chain finance platform Invoice Bazaar to help make faster, easier, and safer supplier payments with the eNett Virtual Account Numbers (VANs) even more accessible for middle eastern travel… Read More

Innovate Finance Unveils Ambassador Program

Innovate Finance, the group that champions fintech innovation in the UK and around the globe, announced on Friday the launch of its new ambassador program. According to the organization, the invitation-only initiative looks to recognize a select group of established professionals who are passionate supporters of… Read More

CreditEase Fintech Investment Fund Adds Positions in Three Global Growth Stage Companies

CreditEase Fintech Investment Fund (CEFIF), a venture fund investing in growth-stage fintech companies in China and globally created by peer-to-peer lender CreditEase, announced at LendIt USA  in New York it  had made investment in three new Fintech firms. According to the fund, the three investments included… Read More

FinTech Australia: Cast Your Votes For the Inaugural Finnie Awards

FinTech Australia announced the upcoming inaugural Finnie Awards, which is set to honor the leading achievements of the Australian fintech sector over the past twelve months. It is supported by Jobs for NSW.  “FinTech Australia plays a very active role in engaging the FinTech Community across… Read More

Accenture Opens North America Innovation Center for Finance & Risk in New York to Help Financial Institutions Accelerate & Scale Advanced Analytics, Data, & Reporting Initiatives

Accenture announced on Wednesday the opening of its North America Innovation Center for Finance and Risk, which is located in New York City. According to Accenture, the new center seeks to help financial services companies quickly develop and scale advanced data and analytics capabilities. The… Read More

Fintech Company Rich Uncles Appoints Brad Watts As New Managing Director & Launches Wealth Management Division

Last month, California fintech company Rich Uncles announced the launch of its wealth management division. According to the company, new managing director of capital markets, Brad Watt, will be leading the recently-developed division. Rich Uncles revealed that Watt has decades of experience in providing real… Read More

The Finance Innovation Lab Teams Up With Toynbee Hall to Launch Incubator For Fintechs Focusing on Financial Health

The Finance Innovation Lab announced on Monday it formed a partnership with Toynbee Hall to establish a new fintech incubator for companies focusing on financial health. The organizations stated that the Financial Health Fellowship, delivered over six months in 2017, will boost strategic know-how, transform leadership… Read More