Tagged: fintech

December 7, 2017 @ 11:45 am By Erin Hobey  |  

Marking its 15th anniversary year, BFS Capital, a small business financing platform, has extended over $1.7 billion in financing since funding its first deal in 2002. The company also reported that over 75 percent of its originations have occurred in the last five years and more… Read More

December 6, 2017 @ 11:26 am By Samantha Hurst  |  

Israel-based Viola Investment Group announced on Wednesday it secured $100 million toward a target of $120-$150 million, for a new global FinTech fund. According to the company, this new fund is backed by selected leading global banks, insurance companies and asset managers, including Scotiabank, The Travelers Companies,… Read More

December 5, 2017 @ 12:23 pm By Samantha Hurst  |  

Fintech firm eOriginal, Inc., announced on Tuesday it has appointed Michele Weber as Chief Marketing Officer (CMO), adding critical expertise to the rapidly growing financial services technology company. The company reported it has experienced significant growth as companies adopt digital lending as a way to meet… Read More

December 5, 2017 @ 8:21 am By Samantha Hurst  |  

On Monday, New York University’s Stern School of Business announced it secured $8 million to establish The Fubon Center for Technology, Business, and Innovation. The funds were given by alumnus Richard Ming-Hsing Tsai (MBA ’81), Chairman and CEO of Fubon Financial Holding Co., Ltd. together with Fubon Financial Holding… Read More

December 4, 2017 @ 10:13 pm By Samantha Hurst  |  

Just a couple months after JPMorgan Chase (NYSE: JPM) announced it was acquiring WePay, the payments platform revealed that has officially become a Chase company. WePay stated that it will continue to provide integrated payments to global software platforms. It will also provide instant merchant onboarding… Read More

December 4, 2017 @ 4:00 pm By Samantha Hurst  |  

Atlantic Capital Bank announced on Monday it has appointed Chris Stanley as its new Vice President of Fintech Industry Banking to lead its fintech banking practice. According to the bank, Stanley has over 17 years of experience in corporate banking and supporting technology companies. Prior to… Read More

December 4, 2017 @ 9:06 am By Samantha Hurst  |  

On Monday, mortgage marketplace lender LendingHome announced it has originated more than $2 billion in mortgage loans for homeowners and real estate investors. The online lender revealed that the first billion of originations occurred over the course of 30 months, while it took just 12 months for the… Read More

December 4, 2017 @ 8:53 am By Samantha Hurst  |  

Elsen, a Platform-as-a-Service company for large financial institutions, announced on Monday it has raised $2.4 million in a seed extension round led by Hyperplane Venture Capital with participation from Accomplice, Launch Capital and hand-picked angel investors. Founded in 2014, Elsen stated its nPlatform enables financial institutions to… Read More

December 2, 2017 @ 10:29 am By Samantha Hurst  |  

Earlier this week, Stockholm-based Nordea Bank announced the launch of its Nordea Ventures in order to make strategic investments in fintech start-up companies. According to Nordea, the Nordea Ventures will focus on investments offering mutual strategic value, scalable business models, and unique solutions. Investments are mainly, but… Read More

December 2, 2017 @ 9:36 am By Samantha Hurst  |  

On Friday, Monzo announced it is seeking to open a new office in the city of Cardiff. According to the challenger bank, its London office is currently bursting at the seams, with 171 people working in its headquarters and 67 working remotely. “To help us… Read More

November 30, 2017 @ 1:31 pm By Samantha Hurst  |  

Katipult, a Fintech company based in Vancouver, British Columbia, announced on Thursday it has appointed founding CFO of PayPal, Former Match Group CFO, and former Director of HSBC Investment Bank to its Board of Directors members. This news comes just after the company has listed its… Read More

November 30, 2017 @ 10:47 am By Samantha Hurst  |  

KeyCorp (KEY) announced on Thursday it has formed a strategic investment and partnership with Snapsheet, an innovator of self-service claims solutions for insurance carriers. This investment follows the joint launch and announcement of Snapsheet Transactions, a payment platform on the back end of Snapsheet’s existing claims solution. According… Read More

November 30, 2017 @ 10:20 am By Samantha Hurst  |  

Just a few months after successfully securing $115 million during its Series A Funding Round, Alex Kong, chairman and CEO of Hong Kong-based TNG Fintech discusses the company’s digital wallet business and expansion plans on “Bloomberg Markets: Asia.” TNG Fintech Group describes itself as a… Read More

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