Tagged: fintech

Digital Wealth Management Startup Flynt Receives Swiss Banking License

On Friday, digital wealth management FLYNT announced it obtained a banking-license from the FINMA and operates now under FLYNT Bank AG. The start-up stated: “The banking-license allows FLYNT the required independence to approach Wealth Management in new ways and using innovative technologies, thus enabling private and… Read More

Fintech Startup Receipt Bank Raises $50 Million Through Series B Funding Round Led By Insight Venture Partners

Fintech startup Receipt Bank announced on Thursday it secured $50 million through its Series B funding round, which was led by Insight Venture Partners. Launched in 2011, Receipt Bank describes itself as an award-winning bookkeeping automation platform that automates the collection and data extractions of… Read More

Growth Street Comments on Nesta’s One Up Challenge Selection: Helping UK’s SMEs Prosper

UK small business lender Growth Street has been selected to participate in Nesta’s Open Up Challenge. As one of 20 Stage 1 participants, Growth Street will work to develop new tools and change small business banking in the UK. Growth Street will build services that use… Read More

FinTech Studios Secures $1 Million Seed Investment from KEC Ventures

FinTech Studios, a cloud platform dedicated to AI-based financial information, fintech apps, and big-data analytic products, announced on Thursday it secured raised $1 million during a Series Seed funding round led by KEC Ventures. Founded in 2014 byJim Tousignant, FinTech Studios states its cloud technology leverages machine… Read More

Digital-Only Challenger Bank Starling Bank Now Offers Apple Pay Support (Video)

On Tuesday, digital-only challenger bank, Starling Bank, announced it is now offering Apple Pay support, which will give customers to opportunity to add their Starling Bank debit card to their Apple Wallet.  Starling Bank claims it will be the first bank in the UK to offer… Read More

German Fintech FinLeap Captures €39 Million Through Funding Round Led By SBI Group, NIBC, & Hannover Re

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, has reportedly secured €39 million through its latest round of funding, which was led by SBI Group, NIBC, and Hannover Re. This news comes just one month after the company raised €21 million in equity capital to support its fintech incubation… Read More

Startupbootcamp FinTech Singapore Facilitates More Than 70 Pilots & Partnerships Following First Asia Demo Tour

Startupbootcamp FinTech Singapore, a global accelerator that is focused on innovation in financial services, announced on Tuesday its 2017 cohort of startups have secured more than 70 pilots, clients, and key partnerships, with hundreds more in the pipeline. This announcement comes just on the bank… Read More

Monzo Begins to Roll Out Current Accounts Just a Few Months After Receiving Full UK Banking License

On Monday, challenger bank Monzo announced it has begun to roll out current accounts to customers. This news comes just a few months after the company received its full UK banking license.  “Back in April, when we received our full UK banking license we explained that we… Read More

Revolut Introduces Free Personal Euro Accounts Following $66 Million Raise

Just days after announcing it secured $66 million through its Series B funding round, digital challenger bank Revolut introduced free personal euro accounts. The company revealed this new feature enables all its customers, across 42 European countries, to open a free Euro account straight from… Read More

Startup Growth Program Invest Georgia Makes Third Commitment: Invests $1 Million in Early Stage Fund TechSquare Labs

Georgia-based start-up growth project, Invest Georgia, has reportedly made its third commitment and invested $1 million in early stage fund, TechSquare Labs. According to VentureBeat, Invest Georgia’s program loose to encourage seed and early-stage companies in Georgia and has previously made investments in TTV Capital and… Read More

Delaware Law Legalizing Blockchain Stocks Quietly Moving Forward

Earlier this month, the Delaware House of Representatives passed amendments to state law that would make it explicitly legal for stocks to be traded on a blockchain, the technology behind cryptocurrencies like Bitcoin and Ether. According to an article on Coindesk, the amendments relating to… Read More

South Korean Fintech Startup Paycock Set to Bring Mobile Payment Service to Russian Financial Market

South Korean fintech startup Paycock has reportedly signed a business MOU with AEB IT, a Russian financial IT corporation, and will now begin to commercialize its mobile payment solution into the Russian financial market. Paycock Check is described as a mobile payment service that does… Read More

Canadian Fintech Startup Dream Payments Opens Center of Excellence in Moncton

Dream Payments, a Canada-based fintech company that operates a payments cloud to power commerce and payments across mobile devices, announced on Wednesday the opening of its first Centre of Excellence in Moncton, New Brunswick. The company reported that this is its first Canadian office outside… Read More

Fintech Startup Curve Secures $10 Million During Series A Funding Round

Curve, a London-based fintech company that’s software allows customers to link their bank cards to one Mastercard, announced on Wednesday it secured $10 million during its Series A funding round, bringing its total funding to $13 million. The company saw global banking providers during the round,… Read More

Even Financial Debuts New Real Time Pricing Programmatic Marketplace

Fintech firm Even Financial announced on Tuesday the launch of its Real Time Pricing (RTP) Programmatic Marketplace, which will support the company’s proprietary data, machine learning and predictive algorithms. Even Financial reported that the RTP technology creates a state-of-the-art marketplace with a new pricing model for in-app,… Read More

nanopay Appoints Former Google Engineer As Vice President of Engineering

Real-time payments platform provider and fintech firm nanopay announced on Tuesday it has appointed former Google engineer, Kevin Greer, as its new Vice President of Engineer. The company revealed that Greer will be overseeing technical strategy and ensure successful rollouts of global services. During his… Read More

Fintech Firm InvestCloud Forms Partnership With Apex Clearing to Create New Digital Advice Platform

Apex Clearing, an independent, full-service clearing firm and leader in the digital wealth space, has selected global fintech firm InvestCloud as a technology partner for its new digital advice platform. According to the companies, Apex will allow fintech startups and financial institutions to quickly take to… Read More

FinMason Set to Provide Investment Analytics Data to Fintech Sandbox Participants

Boston-based fintech and investment analytics firm, FinMason, announced on Tuesday it has partnered with non-profit accelerator Fintech Sandbox to provide its enterprise solution, FinRiver, to participates in the program.  Fintech Sandbox notably offers data from 30 data partners, infrastructure from three partners, and collaborates with… Read More

What the Heck is Going on with Ethereum?

Ether, the cryptocurrency based off of and powering the blockchain technology Ethereum, made headlines last month after soaring to over $400 a coin. The huge surge caused many people to speculate that Ethereum would one day surpass Bitcoin, the world’s most valuable cryptocoin both by market… Read More

Stripe Launches in Hong Kong & Announces Partnership With WeChat & Alipay

On Monday, Stripe announced it is officially launching its services in Hong Kong. The payments startup revealed that local companies can now access the full Stripe features such as Stripe Radar, Connect with Custom accounts, and 3D Secure support. “While in preview, we’ve been able to work with many of the fastest-growing… Read More