Tagged: fintech

July 18, 2017 @ 8:24 am By Samantha Hurst  |  

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

July 17, 2017 @ 2:01 pm By Samantha Hurst  |  

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

July 14, 2017 @ 1:00 pm By Samantha Hurst  |  

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

July 13, 2017 @ 9:57 pm By Jonathan Nieh  |  

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

July 13, 2017 @ 4:42 pm By Samantha Hurst  |  

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

July 13, 2017 @ 9:58 am By Samantha Hurst  |  

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

July 12, 2017 @ 3:59 pm By Samantha Hurst  |  

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

July 12, 2017 @ 2:27 pm By Samantha Hurst  |  

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

July 12, 2017 @ 12:33 pm By Samantha Hurst  |  

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

July 11, 2017 @ 2:35 pm By Samantha Hurst  |  

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

July 11, 2017 @ 12:03 pm By Samantha Hurst  |  

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

July 11, 2017 @ 12:00 pm By Jonathan Nieh  |  

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

July 10, 2017 @ 2:32 pm By Samantha Hurst  |  

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

July 7, 2017 @ 11:35 am By Samantha Hurst  |  

CreditEase announced on Friday its CreditEase Fintech Investment Fund (CEFIF) has backed 13 fintech startups that were selected to join CB Insights’ Fintech 250 list. This list was revealed during the Future of Fintech conference, which took place in New York City on June 27th…. Read More

July 6, 2017 @ 3:06 pm By Samantha Hurst  |  

Canada fintech startup, Mylo Financial Technologies (Mylo) announced on Thursday the launch of its new personal finance management app exclusively for iPhone.  According to Mylo, the new app automatically rounds up every purchase users make and invests the spare change. Users may also open a… Read More

July 6, 2017 @ 2:28 pm By Samantha Hurst  |  

PayFit, a fintech startup based in Paris, secured €14 million through its Series B Funding Round, which saw participation from Otium Capital, Xavier Niel, and Accel Partners. The company, which was founded in 2015, describes itself as an ultra-intuitive SaaS solution that allows users to easily and automatically manage… Read More

July 6, 2017 @ 12:01 pm By Samantha Hurst  |  

Tide Banking, a UK-based fintech startup that specializes in online banking, has successfully secured $14 million during its recent Series A funding round, which was reportedly led by Anthemis, with participation from Passion Capital, LocalGlobe, and Creandum. Founded in 2015 by former RBS/Worldpay head of innovation,… Read More

July 6, 2017 @ 10:12 am By Samantha Hurst  |  

VersaPay Corporation (TSXV: VPY), a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Thursday it has formed a strategic relationship with Royal Bank of Canada (RBC) (TSX: RY). According to VersaPay, as part of… Read More

July 6, 2017 @ 4:53 am By Erin Hobey  |  

Record levels of venture capital investment at the start of 2017 has helped London retain its crown as Europe’s number one tech hub for global investors, according to new data from London & Partners, the Mayor of London’s promotional agency. “London remains Europe’s leading hub… Read More

July 5, 2017 @ 2:12 pm By Samantha Hurst  |  

Breega Capital, a France-based venture capital firm, announced this week its new venture fund, Breega Capital Venture 2, which is aimed towards startups in the fintech and insurtech sectors. The fund offers startups €100 million ($113 million). Founded in 2013, Breega describes itself as a… Read More