Tagged: fintech

Dutch Private Equity Firm Robeco Launches Fintech Equities Fund

Dutch private equity firm Robeco announced on Monday it has launched the Robeco Global Fintech Equities Fund, which invests in stocks of listed companies that benefit from increasing digitization of the financial sector. Robeco claims it is one of the first asset managers to launch an actively… Read More

Canadian Fintech nanopay Expands Leadership Team By Appointing New Chief Revenue & Chief Risk Officers

Canada-based real-time payments platform provider and fintech firm nanopay recently announced it has appointed Nilesh Dusane as Chief Revenue Officer and Amir Sunderji as Chief Risk Officer. The company revealed that Dusane and Sunderji will play an essential role in its mission to scale payments solution and build… Read More

Monzo’s Tom Blomfield Announces Upcoming Crowdfunding Round

Just a couple weeks after securing £71 million during its latest investment round, Co-Founder and CEO of challenger bank Monzo, Tom Blomfield revealed plans to launch a new crowdfunding campaign. Monzo (originally known as Mondo) caught the public eye in March 2016 when it raised… Read More

B2B Payment Provider Transfermate Secures €30 Million Investment From Allied Irish Bank

Ireland-based B2B payment provider TransferMate announced on Monday it received a €30 million investment from Allied Irish Bank (AIB).  Founded in 2010, TranferMate stated it is on a mission to provide businesses with a faster, cheaper, and easier solution for sending or receiving funds globally.TransferMate… Read More

Innovate Finance Releases 2017 Women in Fintech Powerlist

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday it published its 2017 Women FinTech Powerlist. The initiative is a celebration of the achievements and talent of women across the FinTech ecosystem as they continue to play a crucial role… Read More

Chinese Fintech Jianpu Sees Rise in Shares Following U.S. IPO Debut

Jianpu, a unit of Chinese fintech company Rong360 Inc, announced on Thursday the launch of its initial public offering of 22,500,000 American depositary shares (“ADSs”) at a price to the public of US$8.00per ADS for a total offering size of US$180 million. According to Nasdaq, the company experienced a… Read More

Bangko Sentral ng Pilipinas & Monetary Authority of Singapore Signs New Fintech Co-operation Agreement

The Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) announced on Thursday they have signed a Fintech Co-operation Agreement (CA) to promote innovation in financial services in their respective markets. The BSP-MAS CA was signed at the sidelines of the second… Read More

Switzerland-Based Fintech Crealogix Announces Asia/Pacific Region Expansion

On Wednesday, Switzerland-based CREALOGIX announced it is expanding business actives in the Asia and Pacific region. The company reported that with this expansion it will be able to cooperate with established local partnerships, including business and tech financial service provider, Cognizant. CREALOGIX noted that in addition… Read More

Square Now Letting Some Users Buy & Sell Bitcoin Through Cash Mobile App

Financial service company Square is reportedly now testing out bitcoin on some of its Cash mobile app users. The new feature will allow users to buy and sell the cryptocurrency through the app.  The Square Cash App claims to be the simplest way to pay… Read More

InvestCloud Debuts Solutions to Democratize Digital & Deliver Mass Automation

Global fintech firm InvestCloud announced on Wednesday it has released two new lines of financial apps to run on its digital platform, InvestCloud Gray and InvestCloud Neon. According to the company, InvestCloud Gray digitizes client interactions, providing a modern and flexible platform that is affordable… Read More

N26 Announces Apple Pay Support in Spain, Italy, & Finland

On Tuesday, German digital-only challenger bank N26 announced it was launching Apple Pay support in Spain, Italy, and Finland. This news comes just after the bank launched the payment method’s support in France. “What if there were a way to pay without your card that is… Read More

SoftBank Launches Third SoftBank Innovation Program

Tokyo-based SoftBank Corp. announced on Monday it has launched the third round for its SoftBank Innovation Program, which is a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization. SoftBank stated that the innovation program aims… Read More

AutoGravity Milestone: More Than One Million Americans Have Used the Auto Fintech Platform

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced on Monday its platform has surpassed one million users. Launched in 2016, the company rapidly expanded from 100,000 users in its first six months to more than one million users less than a year… Read More

Overfunding: Stock Trading App BUX Quickly Surpasses €1 Million Through Seedrs Funding Round

Netherlands-based stock trading app BUX has successfully secured its initial €1 million funding target through equity crowdfunding platform Seedrs. The initiative was launched earlier this week and has attracted more than 1,700 new investors. Founded in 2014, BUX describes itself as a tech company that is seeking… Read More

FinTech Hive Member Sarwa Digital Wealth Receives In-Principle Approval For Innovation Testing License From Dubai Financial Services Authority

The Dubai Financial Services Authority (DFSA) today granted Sarwa Digital Wealth Limited (Sarwa), an automated investment advice service, in-principle approval for its Innovation Testing Licence (ITL). According to the organization, Sarwa Digital Wealth is considered the first fintech operator to receive approval for this special… Read More

Kony Announces Digital Banking Marketplace Expansion

Kony, Inc., the leading enterprise mobility and digital applications company, today announced it is expanding its global partner ecosystem with financial technology solutions featured on the Kony Digital Banking Marketplace. According to Kony, the  Digital Banking Marketplace is described as  one-stop shop for pre-built fintech components, integrations… Read More

Personal Finance App Clarity Money Launches on Android & Web

Clarity Money, the personal finance app that acts as the “Champion of Your Money,” announced on Tuesday the launch of its app on the web and Android devices. This news comes less than two months after Clarity Money confirmed it reached 500,000 users through its iOS app…. Read More

Village Capital Teams Up With PayPal For New Fintech Africa Program

Village Capital, in partnership with PayPal, recently announced it is accepting applications for its Fintech Africa 2018 program. Founded in 2009, Village Capital is a global venture firm that discovers, developed, and invests in entrepreneurs. Since its launch, the company has been working with early-stage investors,… Read More

European Fintech N26 to Launch in the UK in Early 2018

N26, a digital-only challenger bank based in Germany, announced on Friday it is launching its services in the UK in early 2018. This news comes after the fintech startup announced plans to launch in the U.S. next year. UK customers may now get early access by signing… Read More

Banking Platform Cashaa Teams up with Agrello to Offer Borderless Financial Products

UK-based next-generation banking platform Cashaa announced on Thursday it has formed a partnership with Agrello to support a series of decentralized global financial products. Cashaa stated that Agrello provides smart contract agreements, which enables to the platform to expand its range of financial services. Products… Read More