Tagged: fintech

Overfunding: UK Fintech Paysme Quickly Secures £250,000 Funding Target Through Seedrs Campaign

  Paysme, a UK-based fintech mobile app, has successfully secured its initial £250,000 through its equity crowdfunding campaign on Seedrs. Founded in 2018, Paysme describes itself as a super app delivering financial services to underserved small business communities to accelerate their transition to the digital… Read More

Fintech Gifting Platform EarlyBird Secures $2.4 Million Through Latest Investment Round & Announces Upcoming Mobile App Launch

EarlyBird, a U.S.-based fintech gifting platform, announced on Wednesday it secured $2.4 million through its latest investment round, which was led by Network Ventures, with strategic participation from Chingona Ventures, Bridge Investments, Kairos Angels, Takoma Ventures, and Subconscious Ventures along with notable angel investors. Along with the investment, EarlyBird announced… Read More

Viva Wallet Bring Google Pay to Customers in 18 Countries

European fintech Viva Wallet recently announced it has bought Google Pay to customers in 18 countries. The company previously announced the service was being offered for customers in 11 countries. On October 27th, the service became available in Belgium, Czech Republic, Denmark, Finland, France, Germany,… Read More

Online Brokerage Firm UP Fintech Hits One Million Customer Account Milestone

UP Fintech Holding Limited (NASDAQ: TIGR), an online brokerage firm focusing on global investors, announced on Wednesday it opened its one millionth customer account. The company reported that since launching its flagship APP, Tiger Trade, six years ago, it has invested heavily in innovation and now… Read More

FinTech Scotland Forms Strategic Partnership With Check Point Software

Check Point Software (NASDAQ: CHKP), a global provider of cyber-security solutions, announced on Tuesday it has become a strategic partner of FinTech Scotland, an independent not-for-profit body jointly established by the private sector and the Scottish Government. Check Point solutions bring a practical boost to… Read More

U.S. Fintech Vennfi Raises $2.3 Million Through Seed Funding Round

Vennfi, a U.S.-based fintech focused on tax-exempt payments and the creator of Charityvest, reportedly secured $2.3 million through its seed funding round. According to FinsMes, the round, which comes just a little over six months after the startup raised $1.1 million through its pre-seed round, was… Read More

University of Pennsylvania’s Wharton School of Business Now Offering Six Week Course in Fintech

  University of Pennsylvania’s Wharton School of Business is now offering a new six-week course called “Fintech Revolution: Transformative Financial Service and Strategies.” According to the business school, this course helps users critically assess the future of financial services and identify opportunities for growth. It… Read More

Expense Software Expensify to Surpass $100 Million in Annual Recurring Revenue

  Expensify, a U.S.-based expense software, announced on Monday it is set to surpass $100 million in annual recurring revenue in 2020. The company reported it only raised $20.2 million in primary capital since its founding in 2008, also recorded its highest monthly revenue ever… Read More

Wells Fargo Unveils Virtual Card Payments Services “WellsOne”

    Wells Fargo (NYSE: WFC) recently announced it has launched “WellsOne” virtual card payments Services. The launch of WellsOne comes just a little over a month after Wells Fargo launched its new payment track, which is a single status, secure, web-based solution for tracking… Read More

U.S. Fintech Wemlo Introduces AI Tech For Mortgage Processing

Wemlo, a U.S.-based fintech that’s focused on mortgage loan processing, announced on Friday the launch of its new AI technology called Athena. According to Wemlo, Athena is a virtual assistant AI developed to empower and improve loan processing by identifying discrepancies within a mortgage loan… Read More

Sweden-Based Fintech Juni Secures €2 Million Through Latest Seed Round Led By Venture Fund Cherry

Juni, a Sweden-based fintech startup, announced on Thursday it secured €2 million through its Seed funding round, which was led by Cherry, an early stage European venture fund. The company reported that it was created by a group of marketers and fintech entrepreneurs tired of “modern”… Read More

Scotiabank Unveils Global AI Platform

Scotiabank announced earlier this week the launch of its new artificial intellignce (AI) platform. According to the Canadian banking group, the platform provides customers with intelligent and personalized financial advice. It also enables the bank to provide what it believes to be fast, relevant advice… Read More

Canadian Fintech XTM Announces Launch of Vert Visa Credit Card to Provide Newly-Banked/Underbanked Access to Unsecured Credit

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday the launch of its unsecured Visa credit card program and offering, the Vert Card. According to XTM, the program uses an intuitive mobile app to collect customer data and… Read More

Residential Rental Property Management Startup NestEgg Scores $7 Million Through Series Round & Launches Interest-Free Payment Service

NestEgg, a U.S.-based residential rental property management startup, announced on Wednesday not only did it raise $7 million through its Series A investment round, but it also is planning to launch an interest-free payment service.  Founded in 2017, NestEgg describes itself as an all-in-one platform… Read More

UK Fintech Nutmeg Teams Up With JP Morgan Asset Management to Launch Smart Alpha Portfolios

UK-based fintech firm Nutmeg announced on Wednesday it has joined forces with JP Morgan Asset Management to launch Smart Alpha portfolios. Nutmeg reported that Smart Alpha portfolios are underpinned by it and J.P. Morgan Asset Management’s shared commitment to sustainable investing.  “Today, Nutmeg and J.P. Morgan Asset Management have joined forces to create a… Read More

U.S. Fintech Obligo Raises $15.5 Million Through Series A Investment Round

Obligo, a U.S.-based fintech startup that’s focused on the real estate market, announced on Tuesday it raised $15.5 million Series A funding round from investors, including 83North, 10D, Entrée Capital, Viola Credit, and other strategic real estate investors. This latest round of funding comes just a… Read More

U.S. Fintech Amicus Announces Additional $8.7 Million Through Series B Funding Rond

Amicus.io, the fintech company behind the philanthropic platform for DAF 2.0, announced on Tuesday it secured an additional $8.7 million through its Series B funding round, which was led by The FR Group. Founded in 2013, Amicus.io is making philanthropy as online banking. “Grow your… Read More

Mastercard Announces Google Pay Rollout Across Europe

Mastercard announced on Tuesday it will extend the Google Pay service to cardholders across Austria, Bulgaria, Estonia, Greece, Hungary, Latvia, Lithuania, Netherlands, Portugal, and Romania together with its issuing partners. Mastercard reported that with Google Pay, users with eligible Android devices will be able to… Read More

Credorax Adds Google Pay & Apple Pay to Payment Methods Offering

Credorax, a fintech bank and smart payments provider, announced on Tuesday it has added Google Pay and Apple Pay to its payment method offering. Credorax reported that both methods may now be added to merchants’ accounts as payment options for their shoppers alongside the more… Read More

Staples Canada Joins Forces With Flexiti Financial to Launch Staples Credit Card

Staples Canada recently announced it has joined forces with point-of-sale consumer financing solutions Flexiti Financial to launch its new Staples Card. According to Staples, the Card will allow cardholders to have access to 0% interest financing plans to help make their purchase more affordable. “This… Read More

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