Tagged: fintech

Singapore Fintech Texcent Receives Remittance License From Monetary Authority Singapore

Texcent Asia, a Singapore-based payments company, announced on Tuesday it has received remittance license from Monetary Authority Singapore (MAS). The company powers financial platform Paycent, which is described as a company that’s dedicated to delivering fully integrated mobile applications and aims to be the global leader in… Read More

F10 Announces Final Selected Startups For P2 Program Patch III

Switzerland fintech space, F10 Incubator and Accelerator, announced on Tuesday the final selection of fifteen startups for Batch III of its praised P2 Prototype to Product Program. According to the program, successful startups have undergone one of the most rigorous selection processes in the industry. Speaking… Read More

Digital Fintech Specialist Wirecard Expands Collaboration With ReiseBank

Wirecard, a Germany-based global provider of digital payments and commerce solutions, announced this week it has expanded its expanding its collaboration with German bank, ReiseBank. The duo recently rolled out the mobile banking app bankom. According to Wirecard, the companies are providing users with a completely… Read More

French Fintech Lydia Secures €13 Million in Latest Funding Round to Accelerate Cashless Payment Growth in Europe

Lydia, the French mobile payments firm, announced this week it has raised €13 million through its latest funding round, which was led by CNP Assurances with participation from XAnge, New Alpha AM, Oddo BHF and Groupe Duval. The company reported it plans to use the latest funds… Read More

Danish Fintech Clearhaus Now Supports Payments Made With Apple Pay

Danish fintech Clearhaus announced on Friday it now supports payments made with Apple Pay. The company reported that Apple products have always been popular in the Nordics, but it’s success hinges on how well banks, payment gateways, and acquirers offer Apple Pay solutions to stores and webshops…. Read More

Roostify Closes $25M Series B, Santander InnoVentures Leads Round

Santander InnoVentures, the fintech venture capital fund of Santander Group, has invested in San Francisco-based startup Roostify, specialized in the digitalization of the process of obtaining a mortgage, enabling it to be done even via smartphone. Founded in 2014, Roostify built its enterprise platform with… Read More

Fintech SaaS Company HighRadius Secures Strategic Investment From Citi Ventures & PNC

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company, has secured a strategic investment from Citi Ventures and PNC. The company, which was founded in 2006, states its HighRadius Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic… Read More

Ecobank: African Fintech Predicted to Grow Exponentially by 2020

Millions of Africans now have access to financial systems thanks to cashless systems using digital technology; consequently, more and more people are seeing the benefits of mobile banking, according to Ecobank, a leading independent pan-African banking group. Ecobank, the main sponsor at the Africa Tech summit… Read More

Silicon Valley Bank & First Data Welcome Class 7 of Commerce.Innovated Accelerator Program

Silicon Valley Bank and First Data (NYSE: FDC), announced on Wednesday they have selected five startups to participate in Class 7 of Commerce.Innovated., an accelerator program that was designed to help commerce, payments, and fintech companies grow their businesses. According to the duo, this four-month virtual program provides participants… Read More

MoneyLion Milestone: Reaches 2 Million Customer Milestone Following Series B Funding Round

MoneyLion, the mobile personal finance platform, announced on Tuesday it has reached two million customer milestone. This news comes just one month after the platform secured $42 million through its Series B funding round, which was led by Edison Partners, with participation from FinTech Collective,  GRUPO Sura,… Read More

Finnish Fintech Mash Announces Collaboration With Verifone to Provide Pay-Later Solutions for Physical Stores Across Europe

Finnish fintech Mash announced on Monday it has formed a partnership with Verifone to provide a pay-later solution for use in physical stores across Europe. According to Mash, the new service will provide consumers with an easy option to pay later, while still processing merchant payments… Read More

CreditEase’s Fintech Investment Fund Invests in Automotive Fintech Company Fair

On Monday, CreditEase announced its fintech investment fund, along with next47 and BMW i Ventures, has invested in California automotive fintech company, Fair. This news comes after Fair announced the acquisition of Uber’s Xchange Leasing subsidiary’s leasing portfolio. According to CreditEase, Fair was launched in August… Read More

Chinese Fintech Jianpu Appoints Xiaoyan Zhang As New Independent Director

Jianpu, a unit of Chinese fintech company Rong360 Inc, announced on Monday it has appointed Xiaoyan Zhang As its new Independent Director. According to the company,  Zhang is currently Assistant Dean and Xinyuan chair professor of finance at the PBC School of Finance, Tsinghua University with a research… Read More

Dutch Fintech Cashforce Secures €2 Million Through Series A Round Led By Volta Ventures & Michel Akkermans

This week, Dutch fintech Cashforce announced it has secured €2 million through its Series A funding round, which is led by Volta Ventures and Michel Akkermans. Founded in 2012, the company states it enables  CFOs of medium-sized global companies to generate a detailed & accurate cash… Read More

Ontario Securities Commission Announces 2018 Fintech Advisory Committee Members

On Wednesday the Ontario Securities Commission (OSC) today announced new members of its Fintech Advisory Committee (FAC), which advises OSC staff on developments and trends in the fintech space, as well as the unique challenges encountered by innovative businesses in the securities industry.  According to… Read More

Public Fintech Platform Neighborly Teams Up With UC Berkeley Blockchain Lab & Berkeley Elected Officials to Launch Berkeley Blockchain Initiative

Neighborly Corporation, a San Francisco-based public fintech platform, announced on Wednesday it is teaming up with the UC Berkeley Blockchain Lab, and Berkeley elected officials, to launch the Berkeley Blockchain Initiative (BBI). The BBI will leverage blockchain technology to develop a first-of-its-kind tokenized municipal bond compliant with all regulatory… Read More

GoldMoney Appoints New CFO & Board of Member

Canadian fintech firm and direct online access to securely vaulted and insured precious metals, Goldmoney, Inc., announced on Tuesday it has appointed Steve Fray as Chief Financial Officer effective immediately. The company reported that Fray, who previously served as Senior Vice President of Finance and Operations, will replace… Read More

Barclays Hosts Fintech Accelerator Program Demo Day in New York

Barclays announced on Tuesday that after three months of intensive product development, mentoring, and networking, the nine companies of its New York accelerator program are set to showcase their fintech proposals at a demo day. According to the company, the demo day marks the culmination… Read More

SixThirty Now Seeking Fintech Entrepreneurs For Spring 2018 Portfolio & Go-to-Market Program SixtyThirty 2.0

SixThirty, a global fintech venture firm, announced on Tuesday it is now seeking fintech entrepreneurs to join its Spring 2018 portfolio and participate in the go-to-market program, SixThirty 2.0. According to the firm, selected startups will receive up to a $250,000 investment, up from $100,000, in tandem with… Read More

eBay Names Dutch Fintech Adyen New Primary Payments Processor

On Thursday, online marketplace eBay announced it has signed an agreement with Dutch fintech Adyen to become its primary payments processing partner. The company revealed it intends to further improve its customer experience by intermediating payments on its Marketplace platform.  By doing this, it will… Read More