Tagged: fintech

Accenture Announces Acquisition of B2B Marketing Service Agency Yesler

Accenture (NYSE) announced on Thursday it has acquired Yesler, a B2B marketing service agency. This latest acquisition comes less than a month after Accenture acquired ESR Labs, a Munich-based company that develops embedded software for German car brands and suppliers, and Mudano, which is a… Read More

Nordic Challenger Bank Lunar Secures €46 Million in Total Funding Through Extended Series B Investment Round Led By Seed Capital Denmark

Nordic challenger bank Lunar announced on Friday it secured an additional €20 million through its extended Series B, bringing the funding round’s total amount to €46 million raised. Seed Capital Denmark reportedly led the investment round with participation from Greyhound, Socii, and Augustinus. Founded in 2015,… Read More

Microsoft Launches “Money in Excel” Experience Powered By Plaid

U.S. fintech Plaid announced earlier this week it is now powering Microsoft’s Money in Excel experience. Plaid reported that Money in Excel features a Plaid integration and the capabilities essentially turn the spreadsheet software into a fintech app. Plaid also revealed that the new experience… Read More

U.S. Fintech Dwolla Appoints Former PayScape President Brady Harris as New CEO

U.S.-based fintech Dwolla announced on Tuesday it has appointed former PayScape President, Brady Harris, as its new CEO. According to Dwolla, Harris brings nearly 20 years of leadership in the payments and fintech space. Dwolla claims that during his time at PayScape, Harris had a… Read More

Global Identity Verification Solutions Provider Acuant Announces Acquisition of IdentityMind

Fintech

Acuant, an identity verification solutions provider, announced on Tuesday it has finalized the acquisition of its former strategic partner, IdentityMind, a SaaS RegTech platform that builds, maintains and analyzes digital identities worldwide. As previously reported, IdentityMind helps users win the fight against fraud, money laundering,… Read More

Austria Fintech Paysafecash Launches Services in Latvia

PaySafeCard, an Austria-based fintech that is part of the Paysafe Group, announced on Wednesday it has launched its services in Latvia. This launch comes just a couple of months after Paysafecash made its debut in Cyprus. As previously reported, PaySafeCard claims it has become a… Read More

Plaid Announces Support For Financial Institutions in the Netherlands & Opens Office in Amsterdam

U.S. fintech Plaid recently announced it is now offering support to financial institutions in the Netherlands as well as opening a new office in Amsterdam. The company reported that the Netherlands is a hub for fintechs in Europe and is home to more than 400… Read More

Sony Bank Introduces “English Online Banking” Services

Sony Bank, a Japanese commercial banking group and a subsidiary of Sony Financial, a member of the Japanese electronics giant Sony,  announced on Monday the launch of its new “English Online Banking” services. According to Sony Bank, the new banking services will provide foreign residents in… Read More

ICICI Bank Debuts Banking Services on WhatsApp

India-based banking group Icici Bank announced on Monday it has launched its banking services on WhatsApp in oder to enable retail customers to undertake in a “slew of banking requirements” from their home.  Anup Bagchi, Executive Director, ICICI Bank, stated that through WhatsApp, retail customers may… Read More

Tandem Announces Continued Support For Customers During COVID-19 Pandemic

Challenger bank Tandem recently announced its continuous support its customers during the COVID-19 pandemic. The fintech reassured the customers that while the UK is social distancing and it as a company is working from home to ensure its employees’ safety, its customer support team is… Read More

Update: Zurich Fintech MPower Set to Close Crowdcube Round With More Than £350,000 in Funding Secured

MPower, a Zurich-based fintech startup, is set to close its equity crowdfunding campaign on Crowdcube with more than £350,000 in funding secured. The funding round, which originally sought to raise £300,000, has attracted nearly 320 Crowdcube investors.  As previously reported, MPower describes itself as an… Read More

Starling Bank Introduces 48-Hour Switch Off Delay For Gambling Block Feature

UK-based digital banking group Starling Bank announced on Thursday it has introduced a delay to its in-app gambling-block, which means that customers wanting to turn the block off will have to wait 48 hours before they may reactive spending on betting and gaming. The digital… Read More

UK Fintech VoxSmart Raises £5.5 Million Through Strategic Investment Round From Natwest

VoxSmart, a UK-based fintech that’s focused on communication surveillance technology for financial markets, announced on Thursday it raised £5.5 million through its latest investment round, from Natwest. Founded in 2006, VoxSmart describes itself as a global telecommunications software provider and that empowers organizers to “unlock… Read More

U.S. Fintech FinFit Offering Financial Wellness Benefits Services Free of Charge During COVID-19 Pandemic

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Wednesday it is now offering its services for free to any employer that wants to offer financial wellness resources for their employees during the COVID-19 outbreak. … Read More

Tide CEO Calls For UK Government to Do “Whatever It Takes” to Help Small Businesses During COVID-19 Outbreak

Tide, an SME challenger bank, recently announced that its CEO, Oliver Prill, has called upon the UK government to do “whatever it takes” to help small businesses in the country during the Coronavirus pandemic. Prill reported that due to the outbreak, he and his team… Read More

Brex Acquires Neji, Compose Labs, & Landria to Bolster Product

Fintech

U.S. fintech Brex announced on it has acquired three startups to help enhance Brex Security, e-commerce product, and infrastructure. The acquisitions come just weeks after Brex announced the opening of its new and first-ever international office in Vancouver. As previously reported, Brex is seeking to… Read More

Fintech Australia Postpones Finnies Awards Amid COVID-19 Pandemic

FinTech Australia announced on Monday it has postponed its 2020 Finnies Awards amid the COVID-19 pandemic. According to the organization, the Finnies 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…. Read More

U.S. Fintech HUMBL Partners With Digital India Payments To Enter India’s Market

HUMBL, a US fintech that delivers mobile payments and financial services, announced on Friday it has formed a new partnership with India’s payment service Digital India Payments Limited to help with its expansion into the country’s market. HUMBL describes itself as a mobile, financial services… Read More

Tandem Announces New AI System “Ada”

Challenger bank Tandem recently announced the launch of its new AI system, Ada. According to Tandem, Ada is a self-learning platform that is designed to deliver insights to add value to the baning group customers’ lives. “We have lots of information about our customers, about… Read More

Stripe Closes All Offices Amid Coronavirus Outbreak; Continues to Pay Vendors to Hold Jobs For Hourly Employees Unable to Work

Payments platform Stripe announced on Thursday it has officially shut down all its offices and all employees, as well as on-site contractors, are working from home. Prior to this announcement, Stripe announced it closed its San Francisco office, but kept the offices in Amsterdam, Berlin,… Read More

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