Tagged: fintech

Fintech Startup Credit Sesame Secures $42 Million in Equity & Venture Debt Funding

Credit Sesame, a personalized credit service and financial wellness company, announced on Wednesday it secured $42 million in equity and venture debt funding. According to the fintech startup, the funding comes from existing and new investors including Menlo Ventures, Inventus Capital, Globespan Capital, IA Capital,… Read More

Monzo Update: Android Pay Has Finally Arrived

Just a couple months after rolling out its current account preview on its Android mobile app, challenger bank Monzo announced its customers can now use Android Pay for their accounts. It was revealed on Tuesday: “If you have a Monzo current account, you can now… Read More

AutoGravity Announces New Collaboration With Global Lending Services

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced on Tuesday it has formed a new partnership with Global Lending Services, a South Carolina-based auto finance company. The collaboration was established to provide access to finance offers through the AutoGravity digital platform. Qualified… Read More

London Fintech Divido Announces Germany Expansion

London-based fintech startup Divido announced on Monday it has expanded into Germany. Founded in 2014, Divido describes itself as a young, fast growing, technology company in the process of changing the old school financial services sector. The company revealed that it allows merchants to offer their… Read More

Trigger Finance Announces New York City Office Following Circle Acquisition

Mobile investing platform Trigger Finance announced last week it has moved its New York City office. This news comes just after the company was acquired by Circle. Founded in 2015, Trigger describes itself as a mobile-first investing platform that encourages rules based investing for every DIY… Read More

Wells Fargo Accelerator Program Attracts Four Fintech Startups

Wells Fargo announced on Monday four early-stage fintech companies,  Edquity, Hurdlr, Redrock Biometrics, and SimSpace, are the latest startups to join the Wells Fargo Startup Accelerator. The banking giant revealed that it started the non-exclusive, six-month program a little over three years ago to join startups in… Read More

Israeli Fintech PayKey Raises $10 Million During Series B Financing Round

Israeli fintech company PayKey announced on this week it has secured $10 million during its Series B financing round, which was led by MizMaa, with the participation of other investors including SBI Group, Siam Commercial Bank’s financial tech subsidiary Digital Ventures, SixThirty and FinTech71. This investment… Read More

Fintech Collaboration Platform B-Hive Launches Hub in New York City

Fintech collaboration platform B-Hive recently announced the launch of its hub in New York City. According to B-Hive, the new hub aims to build a bridge between Europe and the Americas. Working with American-based players as well as EU-based participants makes our partners and members… Read More

Humaniq Founder Alex Fork Named New CEO

Blockchain platform Humaniq announced on Monday its founder, Alex Fork, will assume the role as its new CEO. Dinis Guarda, Humaniq’s former CEO, has reportedly stepped down from the position and will take up a new role in another business. Humaniq revealed that Guarda was appointed as an… Read More

Hong Kong’s Fintech Education Week to Include Certified Fintech MOOC Launch, Job Fair, & Hackathon

On Thursday, Invest Hong Kong(InvestHK) announced its Hong Kong Fintech Education Week is set to take place on October 30th through November 3rd. According to InvestHK, the Fintech Education Week will follow immediately after the second annual Hong Kong Fintech Week and aims to bring… Read More

Online Lender OppLoans Appoints Data Everywhere Founder Andy Pruitt as New CTO

Online lender OppLoans announced on Thursday it has appointed Andy Pruitt to the role of CTO. Pruitt is a renowned technologist and company founder. Pruitt is a hands-on technologist who has helped start and grow three Chicago-area software companies. He is founder of Data Anywhere, a data management company. The lending platform… Read More

Dash Expands Asian Reach By Listing on QUOINE’s QRYPTOS & QUOINEX Trading Platforms

Digital currency for payments Dash announced on Thursday it has been listed on QRYPTOS, a crypto-only trading platform, and crypto-fiat exchange QUOINEX. Both trading platforms were launched by Japanese fintech company QUOINE. According to Dash, QUOINEX is described as one of the first Financial Services… Read More

KPMG’s Global Report Reveals: Fintech Viewed As Biggest Disruptor For Financial Institutions But Lags in Effective Strategies

Fintech

On Wednesday, KPMG released its latest global report, Forging the Future: how financial institutions are embracing fintech to evolve and grow, which revealed more details about fintech’s effects on the financial industry. KPMG’s report revealed that banks, insurers, and asset management companies believe technologies such… Read More

Florida Fintech Finova Financial Secures $102.5 Million In Equity & Credit Facility Funding

Florida fintech firm Finova Financial announced on Tuesday it has secured $102.5 million in equity and credit facility funding. The financing was led by CoVenture with participation from existing investors. While sharing details about the funds, CEO of Finova Financial, Gregory Keough, stated: “70 million… Read More

AutoGravity Appoints Chuck Schofield As New Vice President of Dealer Sales

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced on Tuesday it has appointed Chuck Schofield as its new Vice President of Dealer Sales. Prior to joining the fintech firm, Schofield served as Western Region Senior Manager for Mercedes-Benz Financial Services where… Read More

Startupbootcamp Fintech Latin America Reports: First Cohort Secures 30 Collaboration Projects

Startupbootcamp FinTech program in Latin America, which is a joint venture between Startupbootcamp and Finnovista, announced on Monday it celebrated the end of its first batch during Demo Day. According to the program, each of the startups has collectively secured 30 pilot projects and collaborations… Read More

Fintech Startup Zazu Launches Seedrs Initiative to Build Digital-Only Bank in Africa

UK-based fintech startup Zazu has launched an equity crowdfunding campaign on Seedrs to raise £150,000 as it prepares to launch its new digital-only bank in Africa. Founded in 2015, Zazu states it was born from Ignite Accelerator as an e-commerce platform for farmers and is now… Read More

Japanese Fintech QUOINE Signs MOU with ULS Group to Develop QASH Blockchain

Japan-based fintech firm QUOINE announced on Thursday it has entered into a Memorandum of Understanding (MOU) with ULS Group to create the QASH Blockchain. According to QUOINE, the QASH token is based on the Ethereum blockchain for the ICO, but the company will do a token swap to utility tokens based on the… Read More

Dream Payments Announcement: Staples Joins Fintech Company’s Recently Launched Dealer Program

Canadian fintech Dream Payments announced on Tuesday Staples has joined its recently launched Dealership Program. The company revealed that under the partnership, its mobile point-of-sale (POS) debit/credit card terminal will now be able for purchase on Staples’ website. While sharing details about the new partnership,… Read More

Fintech Firm OppLoans Opens New Headquarters in Chicago

Chicago-based fintech firm and socially responsible online lender OppLoans announced on Tuesday the opening of its new Windy City headquarters. The company revealed that Chicago Mayor Rahm Emanuel made an appearance and even cut the ribbon to the office. During his presentation, Mayor Emanuel stated:… Read More

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