Tagged: fintech

November 26, 2021 @ 10:21 am By Tony Zerucha  |  

Canadian fintech Borrowell announced this week that more than two million Canadians are now members of its platform. This announcement comes during Financial Literacy Month in Canada, as Borrowell continues its mission to educate and empower consumers to take control of their financial health. “At… Read More

November 24, 2021 @ 12:26 pm By Tony Zerucha  |  

The use of digital services has many applications in the world of finance, especially when you incorporate blockchain technology, and one of the companies using these technologies to benefit business is OARO. Founded in 2017, OARO is a Canadian company with offices in Halifax, N.S.,… Read More

November 17, 2021 @ 3:01 pm By Tony Zerucha  |  

Neo Financial, a Canadian fintech based in Winnipeg, Man., has made great strides since its founding in the fall of 2019. This week Neo Financial received $1.6 million from the Province of Manitoba’s Industry Expansion Program to train 300 new and 32 existing employees in… Read More

November 16, 2021 @ 9:58 pm By Tony Zerucha  |  

Oportun a consumer credit Fintech, today announced that it has agreed to acquire neobank Digit, a platform that provides automated savings, investing, and banking tools. By adding Digit Oportun will further expand its A.I. and digital capabilities. “This is a transformational deal that will expand… Read More

November 12, 2021 @ 10:23 am By Tony Zerucha  |  

San Francisco-based private equity firm True Wind Capital this week announced the successful close of its second fund, True Wind Capital II. At $817 million in equity commitments, the fund’s targets were exceeded. True Wind Capital was launched in 2015 by Adam Clammer and James… Read More

November 8, 2021 @ 7:01 am By Tony Zerucha  |  

Team8, an Israeli venture group, has a unique recipe for success, its vice president for business development and Fintech Galia Beer Gabel said. A lawyer by training, Beer Gabel moved into a business development role at PayPal where she worked across such emerging markets as… Read More

October 26, 2021 @ 5:14 pm By Tony Zerucha  |  

Payveris, a real-time money movement provider for financial institutions and their partners, today announced today the launch of Bill Center, powered by Paymentus’ Instant Payment Network ecosystem. Bill Center is a fully unified payment hub that provides consumers with a 360-degree view across all bills… Read More

October 15, 2021 @ 3:53 pm By Tony Zerucha  |  

Data and artificial intelligence company Databricks has become a gold partner in FinTech Australia’s corporate partnership program, the agency announced this week. It joins other major technology companies such as Facebook, Google, Amazon Web Services (AWS) and Xero, all of whom have become members in… Read More

October 15, 2021 @ 1:30 pm By Tony Zerucha  |  

Singaporean Fintech Thunes, a provider of global cross-border payments, this week announced instant cross-border bank payments to Russia. The partnership will allow Thunes’ customers to make payments to any of Russia’s business and consumer bank accounts in near-real-time, the company said.  In 2019, the combined… Read More

October 12, 2021 @ 4:56 pm By Tony Zerucha  |  

Blue Motor Finance and digital payment provider Banked have teamed up to simplify the payment process for the former’s customers, the companies announced this week. Banked customers can now pay directly using their online banking app. It can be integrated with existing payment capabilities for… Read More

October 2, 2021 @ 9:16 am By Tony Zerucha  |  

UK-based money app Ziglu this week its £1 million crowdfund oversubscribed in 81 minutes, beating its previous record of three hours. The campaign was launched on Seedrs, an equity crowdfunding platform. Ziglu is raising equity capital at a pre-money valuation of £85 million. Ziglu’s previous… Read More

September 24, 2021 @ 3:43 pm By Tony Zerucha  |  

Plastiq, a smart payments platform for SMBs, this week announced the appointment of Kerry Hatch as its new president and board member. Hatch will play a key role in accelerating the growth of the business by leading the product, engineering, talent, operations, business development, and go-to-market functions at… Read More

September 17, 2021 @ 6:39 pm By Tony Zerucha  |  

Fintech solutions provider Broctagon Fintech Group this week launched WorldBook, which it describes as a global crypto movement focused on solving key liquidity issues plaguing the industry. WorldBook is an STP (straight-through processing) network with an aggregated liquidity pool. It aims to introduce a universal… Read More

September 15, 2021 @ 5:46 pm By Tony Zerucha  |  

iComply Investor Services, a global compliance software provider, has appointed Paul Childerhose, a recognized leader in the Canadian regtech industry, to its advisory board. Childerhose has more than 20 years of experience in the Canadian financial services sector and serves on the board of the… Read More

September 15, 2021 @ 3:03 pm By Tony Zerucha  |  

Russian fintech Tinkoff has launched Tinkoff Private, a new offering geared to affluent customers. It is a digital private banking service combining a range of actions for the HNWI segment that is now available in the Tinkoff and Tinkoff Investments apps. Tinkoff Private creates a… Read More

September 15, 2021 @ 6:26 am By Tony Zerucha  |  

Welcome Tech, a digital platform serving immigrant families in the U.S., today announced the addition of Daniel Ayala as executive vice president, managing director of Financial Services. His hire comes as the digital bank mobile app PODERcard surpassed 500,000 downloads this year. Welcome Tech has… Read More

September 14, 2021 @ 4:22 pm By Tony Zerucha  |  

Banking software company Temenos this week announced the availability of Temenos Transact next-generation core banking with Red Hat OpenShift on IBM Cloud, to accelerate hybrid cloud adoption within the financial services industry.  Temenos Transact helps banks adopt a cloud strategy for their core banking systems… Read More

September 12, 2021 @ 10:27 am By Tony Zerucha  |  

Fraud prevention company SEON is partnering with GBG APAC, a digital identity services provider, to strengthen online fraud prevention for banks, Fintechs, and digital banks across the Asia Pacific region. SEON’s technology is fully integrated into the GBG Intelligence Centre and the alliance will combine… Read More

September 4, 2021 @ 2:43 pm By Tony Zerucha  |  

A look at the projects which have raised at least $1 million on crowdfunding platform Republic provides good insight into our collective psyche and how our consumption has been affected by the COVID-19 pandemic. Topping the list is Digital Eclipse, which taps into our needs… Read More

September 3, 2021 @ 8:36 pm By Tony Zerucha  |  

Neobank Fi announced this week it is one of the first fintech companies to adopt the Reserve Bank of India’s (RBI) Account Aggregator (AA) framework.  According to the regulations, companies must first obtain an RBI certificate of registration before operating as an account aggregator. Every… Read More