OneConnect, a subsidiary of China’s insurance giant, Ping An, announced on Thursday it has commenced operations in Indonesia to enable local banks and financial institutions to accelerate their efforts in digitization of financial services and move towards a more inclusive financial industry. This news comes just a few months… Read More
PayJoy, a U.S.-based fintech startup, announced on Wednesday the global availability of its Lock API. PayJoy reported that the API allows PayJoy’s lending partners to secure financing with compatible smartphones. As previously reported, PayJoy reported it has helped tens of thousands of underbanked consumers in emerging markets,… Read More
nsKnox, a provider of corporate payment protection solutions, announced on Tuesday it secured $15 million through its Series A funding round, which was led by Viola Ventures and M12, Microsoft’s venture fund, with the participation of Discount Capital, the investment arm of Israel Discount Bank, and previous… Read More
UK-based payments platform GoCardless announced on Monday it secured $75 million through its Series D investment round, which was led by new investors Adams Street Partners, GV (formerly Google Ventures) and Salesforce Ventures, as well as existing investors: Accel, Balderton Capital, Notion Capital, and Passion Capital…. Read More
FinTech Australia announced on Thursday it opened entries for the 2019 Finnie Awards. The organization claims that the Finnie Awards is Australia’s only industry-backed fintech awards and the event gives more than 100 fintech startups the opportunity to be recognized for their achievements. Fintech Australia revealed this… Read More
Germany-based challenger bank N26 recently announced it has introduced premium N26 Black account in Denmark, Iceland, Liechtenstein, Norway, and Sweden. According to N26, N26 Black targets frequent travelers and it removes the “uncertainty” of exchange rates and transaction costs encountered through foreign travel and provides customers with free… Read More
PaySend, a UK-based global payments platform, announced earlier this week it now has more than 500,000 customers. The company also introduced money transfer services to more than 30 European countries. As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company… Read More
Jumio, a U.S. fintech, announced on Monday the launch of its new end-to-end biometric verification feature, Jumio Authentication. According to Jumio, this new approach starts with identity proofing where the user captures their government-issued ID and a selfie, which are then compared to each other… Read More
Bud, a UK-based open banking fintech startup, recently announced it raised $20 million through its Series A funding round, which involved participation by HSBC, Goldman Sachs, Banco Sabadell, ANZ and Investec . Founded in 2015, Bud describes itself as an early stage business that offers an… Read More
Nav, a business financial management app that helps small business find the best financing by giving them free access to business and personal credit reports from major commercial and consumer credit bureaus, announced on Monday it secured $44 million through its Series C funding round, which… Read More
Meridian, a Canada-based credit union, announced last week the launch of its new digital platform, motusbank. According to Meridian, motusbank has already received the official go-ahead from the Office of the Superintendent of Financial Institutions (OSFI) and will open for business this spring. Its description reads: “motusbank… Read More
Fintech hub LATTICE80 announced on it is listing KAYA Token Futures on Delta Exchange. According to LATTICE80, the KAYA Token Futures was launched to offer a “crypto volatility free platform” to fintech startups and the KAYA network is part of the company’s vision to connect the… Read More
OakNorth, a UK-based fintech startup, has successfully secured $440 million through its latest investment round, which was led by Japan’s SoftBank Group Corp. Launched in 2015 by Rich Khosla and Joel Perlman, OakNorth claims to be Europe’s fastest-growing fintech company by assets and valuation. The company… Read More
Jetty, a U.S.-based insurtech startup, announced on Wednesday it secured $25 million through its Series B funding round led by Keith Rabois of Khosla Ventures with participation from Valar Ventures and Ribbit Capital. Founded by Mike Rudoy and Luke Cohler, Jetty states it offers insurance that is designed to help… Read More
Yoyo announced on Thursday the launch of its new omnichannel platform. Yoyo reported that it has combined its in-store digital payments and loyalty experience with an e-commerce solution to enable retailers to created the channel. According to Yoyo, the omnichannel platform provides the following: Multichannel one-click checkout:… Read More
Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Thursday it secured €56 million through its investment round, which was led by Insight Venture Partners. Founded in 2012, Tink stated its mission is to make banking “better” by creating technology to improve… Read More
Top British banking group Barclays has reportedly taken a minority stake in the UK-based fintech loyalty mobile app startup Bink. Founded in 2014, Bink stated its mission is to “redefine loyalty, making life simple and rewarding for all.” The company revealed: “Bink is set to transform… Read More
Digital Financial Services Lab (DFS Lab), a fintech accelerator funded by the Bill and Melinda Gates Foundation, announced last week it has opened applications for its upcoming fintech hackathon, which is set to take place in Dar es Salaam, Tanzania on April 8th through the 12th. According… Read More
Barclays announced on Friday it has welcomed the ten companies that will join the 2019 London Barclays Accelerator, powered by Techstars class, which is the sixth London programme to date. The Barclays Accelerator reportedly provides successful applicants with a Financial Technology (FinTech) focused, 13-week programme. Each of the… Read More
Standard Chartered Bank announced on Thursday it has rolled out the second wave of its digital-only retail banks across four African markets. Standard Chartered reported it will launch its digital solution in four key markets during the first quarter of 2019 starting in Uganda in January,… Read More
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