Tagged: fintech

November 30, 2017 @ 9:58 am By Samantha Hurst  |  

Australia-based fintech payments company Credit Clear announced on Thursday it has launched a $10 million Series A Capital Raise, seeking the funds in order to expand its revolutionary data-driven invoicing and collections platform globally. Launched in July 2017, Credit Clear has processed more than $180 million in debt for the corporates in Australia,… Read More

November 28, 2017 @ 10:11 am By Samantha Hurst  |  

Australian consumer lending fintech, MoneyMe, announced on Tuesday it has finalized an AU$120 million asset-backed wholesale securitization facility led by $100 million from global investment manager, Fortress Investment Group, and joined with $20 million of bonds issued by corporate advisory, Evans & Partners. While sharing details about the investment, Clayton… Read More

November 27, 2017 @ 3:38 pm By Samantha Hurst  |  

Property-and-casualty insurer Sompo Holdings Inc (8630.T) announced on Monday it has opened its fintech hub in Israel and claimed to be the first Japanese insurer to do so in a country. The company reportedly hopes to tap local expertise in digital and cyber-security technologies. According to Reuters, new… Read More

November 22, 2017 @ 12:12 pm By Samantha Hurst  |  

Global fintech firm QUOINE announced on Wednesday it listed QASH for trading on global exchanges QUOINEX and QRYPTOS on November 21st. This news comes after QUOINE‘s ICO, also known as the QASH Token Sale, recently oversubscribed. The company claimed the ICO is considered one of the most successful blockchain fintech ICOs… Read More

November 21, 2017 @ 1:10 pm By Samantha Hurst  |  

Dutch private equity firm Robeco announced on Monday it has launched the Robeco Global Fintech Equities Fund, which invests in stocks of listed companies that benefit from increasing digitization of the financial sector. Robeco claims it is one of the first asset managers to launch an actively… Read More

November 21, 2017 @ 10:06 am By Samantha Hurst  |  

Canada-based real-time payments platform provider and fintech firm nanopay recently announced it has appointed Nilesh Dusane as Chief Revenue Officer and Amir Sunderji as Chief Risk Officer. The company revealed that Dusane and Sunderji will play an essential role in its mission to scale payments solution and build… Read More

November 20, 2017 @ 1:56 pm By Samantha Hurst  |  

Just a couple weeks after securing £71 million during its latest investment round, Co-Founder and CEO of challenger bank Monzo, Tom Blomfield revealed plans to launch a new crowdfunding campaign. Monzo (originally known as Mondo) caught the public eye in March 2016 when it raised… Read More

November 20, 2017 @ 1:37 pm By Samantha Hurst  |  

Ireland-based B2B payment provider TransferMate announced on Monday it received a €30 million investment from Allied Irish Bank (AIB).  Founded in 2010, TranferMate stated it is on a mission to provide businesses with a faster, cheaper, and easier solution for sending or receiving funds globally.TransferMate… Read More

November 17, 2017 @ 1:51 pm By Samantha Hurst  |  

Innovate Finance, the membership organization that represents the UK’s global FinTech community, announced on Thursday it published its 2017 Women FinTech Powerlist. The initiative is a celebration of the achievements and talent of women across the FinTech ecosystem as they continue to play a crucial role… Read More

November 17, 2017 @ 9:43 am By Samantha Hurst  |  

Jianpu, a unit of Chinese fintech company Rong360 Inc, announced on Thursday the launch of its initial public offering of 22,500,000 American depositary shares (“ADSs”) at a price to the public of US$8.00per ADS for a total offering size of US$180 million. According to Nasdaq, the company experienced a… Read More

November 16, 2017 @ 2:05 pm By Samantha Hurst  |  

The Bangko Sentral ng Pilipinas (BSP) and the Monetary Authority of Singapore (MAS) announced on Thursday they have signed a Fintech Co-operation Agreement (CA) to promote innovation in financial services in their respective markets. The BSP-MAS CA was signed at the sidelines of the second… Read More

November 16, 2017 @ 11:13 am By Samantha Hurst  |  

On Wednesday, Switzerland-based CREALOGIX announced it is expanding business actives in the Asia and Pacific region. The company reported that with this expansion it will be able to cooperate with established local partnerships, including business and tech financial service provider, Cognizant. CREALOGIX noted that in addition… Read More

November 15, 2017 @ 3:44 pm By Samantha Hurst  |  

Financial service company Square is reportedly now testing out bitcoin on some of its Cash mobile app users. The new feature will allow users to buy and sell the cryptocurrency through the app.  The Square Cash App claims to be the simplest way to pay… Read More

November 15, 2017 @ 2:00 pm By Samantha Hurst  |  

Global fintech firm InvestCloud announced on Wednesday it has released two new lines of financial apps to run on its digital platform, InvestCloud Gray and InvestCloud Neon. According to the company, InvestCloud Gray digitizes client interactions, providing a modern and flexible platform that is affordable… Read More

November 14, 2017 @ 10:56 am By Samantha Hurst  |  

On Tuesday, German digital-only challenger bank N26 announced it was launching Apple Pay support in Spain, Italy, and Finland. This news comes just after the bank launched the payment method’s support in France. “What if there were a way to pay without your card that is… Read More

November 14, 2017 @ 9:56 am By Samantha Hurst  |  

Tokyo-based SoftBank Corp. announced on Monday it has launched the third round for its SoftBank Innovation Program, which is a program that seeks a wide range of innovative solutions and technologies from around the world to consider for commercialization. SoftBank stated that the innovation program aims… Read More

November 13, 2017 @ 9:28 am By Samantha Hurst  |  

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced on Monday its platform has surpassed one million users. Launched in 2016, the company rapidly expanded from 100,000 users in its first six months to more than one million users less than a year… Read More

November 10, 2017 @ 9:28 am By Samantha Hurst  |  

Netherlands-based stock trading app BUX has successfully secured its initial €1 million funding target through equity crowdfunding platform Seedrs. The initiative was launched earlier this week and has attracted more than 1,700 new investors. Founded in 2014, BUX describes itself as a tech company that is seeking… Read More

November 9, 2017 @ 2:39 pm By Samantha Hurst  |  

The Dubai Financial Services Authority (DFSA) today granted Sarwa Digital Wealth Limited (Sarwa), an automated investment advice service, in-principle approval for its Innovation Testing Licence (ITL). According to the organization, Sarwa Digital Wealth is considered the first fintech operator to receive approval for this special… Read More

November 8, 2017 @ 11:25 am By Samantha Hurst  |  

Kony, Inc., an enterprise mobility and digital applications company, today announced it is expanding its global partner ecosystem with financial technology solutions featured on the Kony Digital Banking Marketplace. According to Kony, the  Digital Banking Marketplace is described as  one-stop shop for pre-built fintech components, integrations and… Read More