On Monday, UK-based fintech startup Monzo announced the launch of its new feature, Monzo-to-Monzo payments. This news comes less than a week after Monzo announced customers are now able to use Android Pay for their accounts. According to Monzo, the Monzo-to-Monzo payments allows users to send money… Read More
Read more in: Fintech | Tagged fintech, monzo, uk, united kingdom
Natixis, a French corporate and investment bank, has acquired 50.04% stake in Dalenys, a fintech company that offers Payment Marketing solutions that aim to increase revenues for online and point-of-sale merchants. The companies revealed that an agreement relating to this sale was announced earlier this summer and… Read More
N26, a digital-only challenger bank based in Germany, announced this week that it is planning to launch in the U.S. this upcoming year. The news comes less than two months after the company installed Mambu’s software to power its online banking service. According to TechCrunch, N26’s Co-Founder and… Read More
Read more in: Fintech | Tagged digital-only banking, fintech, maximilian tayenthal, n26, u.s., united states, valentin stalf
UK-based fintech startup Zazu has successfully secured its initial £150,000 funding target during its crowdfunding campaign on Seedrs. The initiative was launched earlier this month, seeking the funds for the company’s new digital-only bank in Africa. As previously reported, Zazu, which was founded in 2015, was launched through… Read More
Read more in: Offerings | Tagged africa, banking, digital-only, fintech, seedrs, uk, united kingdom, zazu
Less than a month after announcing its partnership with Xero, London fintech startup Curve introduced its cardholders to the online accounting software services through its iOS and Android apps. As previously reported, the companies are looking to remove much of the friction involved in account filing… Read More
Read more in: Fintech | Tagged curve, fintech, mobile app, partnership, shachar bialick, xero
On Wednesday, ING announced the launch of ING Ventures, a €300 million fund that aims to invest in fintech companies. The company revealed that the fund was created to accelerate the pace of innovation and will expand the existing portfolio of investments in the next four years…. Read More
Read more in: Fintech | Tagged benoit legrand, fintech, fintech fund, ing, ing ventures
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
Read more in: Fintech | Tagged adrian nazari, credit sesame, equity, fintech, venture
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
Read more in: Fintech | Tagged android pay, banking, fintech, monzo
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
Read more in: Fintech | Tagged andy hinrichs, autogravity, car loans, fintech, partnership
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
Read more in: Fintech | Tagged divido, expansion, fintech, germany, london, uk, united kingdom
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
Read more in: Fintech | Tagged circle, fintech, investment
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
Read more in: Fintech | Tagged equity, fintech, wells fargo
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
Read more in: Fintech | Tagged fintech, israel, mizmaa, paykey, series b
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
Read more in: Fintech | Tagged b-hive, fabian vandenreydt, fintech, new york city
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
Read more in: Fintech, Blockchain & Digital Assets | Tagged alex fork, appointment, blockchain, cryptocurrency, dinis guarda, fintech, humaniq
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
Read more in: Asia, Fintech | Tagged asia, fintech, hackathon, invest hong kong, investhk
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
Read more in: Fintech, Investment Platforms and Marketplaces | Tagged fintech, jared kaplan, online lending, opploans
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
Read more in: Fintech, Asia, Blockchain & Digital Assets | Tagged asia, Dash, fintech, qryptos, quoine
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
Read more in: Fintech | Tagged fintech, ian pollari, kpmg, report
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
Read more in: Fintech | Tagged ali hamed, coventure, finova financial, fintech, florida, gregory keough
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