Tagged: fintech

Canadian Fintech Progressa Secures $84 Million Through Latest Equity Funding Round Led By Canaccord Genuity & Gravitas

Progressa, a Vancouver-based financial technology company focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced on Tuesday it secured $84 million through its latest equity funding round, which was led by Canaccord Genuity and Gravitas with participation from Eight Capital and Paradigm… Read More

Monzo Announces New Joint Account Product

On Tuesday, UK-based challenger bank Monzo announced the launch of its new product, joint accounts. This news comes just a little over a week after the fintech revealed new accounts specifically for 16-17-year-olds. Monzo reported that for the past month its joint accounts have been available… Read More

VersaPay Debuts New Mobile App For Receivable Platform ARC

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Tuesday the launch of its new mobile app for its accounts receivable platform, ARC. According to VersaPay, the new app further enhances users’… Read More

Flux Announces Partnership With itsu to Deliver Paperless Receipts

UK-based fintech Flux recently announced it has formed a partnership with itsu, an Asian-inspired fast food shop and restaurant chain, to deliver paperless receipts. According to Flux, itsu are launching a Flux receipts trial across all stores in the UK in a push to continue driving a sustainable and… Read More

Update: Glint Secures More Than £1.6 Million & Extends Equity Crowdfunding Round on Crowdcube

UK fintech Glint announced on Friday it has decided to extend its equity crowdfunding campaign on Crowdcube. The extension news comes just after the funding round secured more than from £1.6 million from nearly 1,000 investors. As previously reported, Glint is on a mission to reintroduce… Read More

U.S. Fintech Even Opens New East Coast Headquarters In North Carolina After Securing More Than $40 Million in Series B Funding

Holistic financial health platform Even announced on Friday it has opened its new office in Raleigh, North Carolina. This news follows the company securing $40 million through its Series B funding round. Founded in 2014, Even describes itself as a mission-driven technology company working to help Americans… Read More

InstaReM Appoints Nilesh Pathak As New Chief Technology Officer

InstaReM, a Southeast Asia’s digital cross-border money transfer service provider, announced on Friday it has appointed Nilesh Pathak as its new Chief Technology Officer. Pathak will reportedly lead the company’s technology team, divided between India and Lithuania, driving the firm’s technology strategy, architecture, development as… Read More

Paytm Announces Acquisition of Management Startup Balance.Tech

India-based mobile wallet service provider Paytm announced on Wednesday it has acquired management startup Balance.Tech. Founded in 2010, Paytm claims to be India’s largest mobile payment and commerce platform. It offers a full marketplace for consumers through its mobile apps. The company’s investors include investors include… Read More

Wirecard Teams Up With comdirect to Facilitate Contactless Payment Through Wearables During the 2018 German Beach Volleyball Championships

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has partnered with German direct bank comdirect to facilitate contactless payment through wearables. According to Wirecard,  in partnership with Visa payment technology, the duo is offering contactless payment through wearable devices during the 2018… Read More

Fossil Rolls Out New Smartwatches With Features Compatible With Google Pay

Popular watch brand, Fossil, announced earlier this week the launch of its fourth generation of smartwatches under its Fossil Q line. The new line offers some unique features, including untethered GPS, heart-rate tracking, and NFC feature, which is compatible with payment service, Google Pay. While sharing… Read More

Pan African Bank Ecobank Announces Ecobank Fintech Challenge 2018 Finalists

Pan African banking group Ecobank announced on Wednesday the finalists for of the Ecobank Fintech Challenge 2018, a competition for Africa-focused technology start-ups. The bank confirmed the list includes 11 fintech start-ups from across the continent and beyond. As previously reported, the Challenge’s contestants must be one… Read More

Fintech & Insurtech Firm Novae Launches All-Digital White-Label Loyalty Platform For Banks

Novae, a U.S.-based fintech and insurtech firm, announced on Thursday the launch of Novaeplatform, which is described as a user-centric, universal, cross-border, all-digital, white label loyalty platform for banks that enables consumers and merchants to redeem points from any device using any type of payment… Read More

Stripe Announces New Partner Program

On Tuesday, Stripe announced the launch of it Stripe Partner Program in order to amplify and help grow its platform as well as its plugin, and extend its partners. According to Stripe, thousands of companies work with the fintech to allow businesses and individuals to… Read More

Monzo Announces Customer Support Team in Las Vegas

On Tuesday, UK-based challenger bank Monzo announced it has recently set up a small customer support team in Las Vegas. The team was created to help Monzo scale its customer service as it grows, without relying on its team in the UK to work unsociable… Read More

U.S. Fintech Happy Money Announces Three Strategic Credit Union Alliances

On Tuesday, U.S.-based fintech Happy Money announced it has formed three strategic alliance with Alliant Credit Union, First Tech Federal Credit Union, and Technology Credit Union to further proving credit union and Fintech partnership model success. Founded in 2009, Happy Money claims to be the only… Read More

German Fintech FinLeap Launches B2B2X Platforms For Contextual Finance

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Friday it has launched B2B2X platforms Finreach Solutions and Infinitec Solutions for contextual finance. According to FinLeap, the new platform systems enable FinLeap’s cooperation partners to combine bundled solutions and all-in-one solutions with fintech companies, financial products,… Read More

Global Payments Firm Flywire Secures $100 Million Through Series D Funding Round Led By Temasek

Flywire, a U.S.-based fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced on Thursday it secured $100 million through its Series D funding round, which was led by Temasek, an investment company headquartered in Singapore, and with participation from… Read More

Tandem Launches New App Feature That Spot Rising in Bills

UK-based challenger bank Tandem announced on Thursday the launch of its new app feature that tells users when their payments have gone up. According to Tandem, the feature uses AI to track spending and lets app users know if the amount they’re being charged has increased. Tandem… Read More

GrubHub Acquires Mobile Fintecher LevelUp

LevelUp, a Boston-based mobile app fintech firm announced this week it has been acquired by GrubHub. According to the startup, although this new deal is still subject to regulatory approvals, Seth Priebatsch, Chief “Ninja” at LevelUp, wanted to share more details about the acquisition. According to Priebatsch,… Read More

DBS Launches Southeast Asia Bank-Led Property Marketplace

DBS announced on Tuesday the launch of Southeast Asia’s largest bank-led property marketplace. DBS claims it is also the first bank in the region to launch an online property marketplace that offers listings from both agents and owners. According to DBS, the DBS Property Marketplace… Read More