Tagged: fintech

Plug and Play Japan Opens Applications for First Batch of Start-Ups

On Thursday, Plug and Play Japan announced it opened applications for its first batch of start-ups. The program is set to begin in November and the organization is seeking startups in three categories, Internet of Things (IoT), Fintech, and Insurtech.  Plug and Play Japan stated… Read More

Accelerator Queen City Fintech Announces Inaugural Fall Cohort

Earlier this week, Charlotte-based Queen City Fintech announced ten fintech companies were selected for its inaugural Fall Cohort. The twelve-week accelerator program is set to begin with Class 7 on September 6th and conclude with the inaugural Southeast Fintech Venture Conference on November 20th. The… Read More

Securities and Exchange Board of India Announces Committee Dedicated to Fintech

Securities and Exchange Board of India (SEBI) announced this week the launch of a new committee dedicated to financial and regulatory technologies. This news comes less than six months after the organization revealed plans for the committee.  During Internet and Mobile Association of India (IAMAI)’s… Read More

FIS-Powered VC Fintech Accelerator Concludes: Two International & Eight U.S. Teams Presents Solutions to More Than 350 Investors

The Venture Center announced on Tuesday that two international and eight U.S. teams completed the VC FinTech Accelerator Empowered by FIS last week and presented their solutions to more than 350 investors, which included banking and financial services executives from across the U.So at VC… Read More

Update: CityFALCON’s Second Seedrs Campaign Nears £500,000 During Final Week

With its equity crowdfunding campaign set to close on Seedrs next week, fintech company CityFALCON is nearing 500,000 thanks to 360 investors. The initiative was launched last month, seeking £150,000. As previously reported, CityFALCON has received awards from Twitter, Ontario, UBS, SB. The company stated… Read More

Tabb Group Announces Upcoming Fintech Festival in New York

Tabb Group, an international research and consulting firm that’s focused exclusively on capital markets, announced on Monday it will be hosting the 2017 Tabb Group Fintech Festival on November 2nd at the New York Hilton Hotel. While sharing details about the upcoming event, Anthony Perrotta,… Read More

Digital Wealth Management Startup Flynt Receives Swiss Banking License

On Friday, digital wealth management FLYNT announced it obtained a banking-license from the FINMA and operates now under FLYNT Bank AG. The start-up stated: “The banking-license allows FLYNT the required independence to approach Wealth Management in new ways and using innovative technologies, thus enabling private and… Read More

Fintech Startup Receipt Bank Raises $50 Million Through Series B Funding Round Led By Insight Venture Partners

Fintech startup Receipt Bank announced on Thursday it secured $50 million through its Series B funding round, which was led by Insight Venture Partners. Launched in 2011, Receipt Bank describes itself as an award-winning bookkeeping automation platform that automates the collection and data extractions of… Read More

Growth Street Comments on Nesta’s One Up Challenge Selection: Helping UK’s SMEs Prosper

UK small business lender Growth Street has been selected to participate in Nesta’s Open Up Challenge. As one of 20 Stage 1 participants, Growth Street will work to develop new tools and change small business banking in the UK. Growth Street will build services that use… Read More

FinTech Studios Secures $1 Million Seed Investment from KEC Ventures

FinTech Studios, a cloud platform dedicated to AI-based financial information, fintech apps, and big-data analytic products, announced on Thursday it secured raised $1 million during a Series Seed funding round led by KEC Ventures. Founded in 2014 byJim Tousignant, FinTech Studios states its cloud technology leverages machine… Read More

Digital-Only Challenger Bank Starling Bank Now Offers Apple Pay Support (Video)

On Tuesday, digital-only challenger bank, Starling Bank, announced it is now offering Apple Pay support, which will give customers to opportunity to add their Starling Bank debit card to their Apple Wallet.  Starling Bank claims it will be the first bank in the UK to offer… Read More

German Fintech FinLeap Captures €39 Million Through Funding Round Led By SBI Group, NIBC, & Hannover Re

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, has reportedly secured €39 million through its latest round of funding, which was led by SBI Group, NIBC, and Hannover Re. This news comes just one month after the company raised €21 million in equity capital to support its fintech incubation… Read More

Startupbootcamp FinTech Singapore Facilitates More Than 70 Pilots & Partnerships Following First Asia Demo Tour

Startupbootcamp FinTech Singapore, a global accelerator that is focused on innovation in financial services, announced on Tuesday its 2017 cohort of startups have secured more than 70 pilots, clients, and key partnerships, with hundreds more in the pipeline. This announcement comes just on the bank… Read More

Monzo Begins to Roll Out Current Accounts Just a Few Months After Receiving Full UK Banking License

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

Revolut Introduces Free Personal Euro Accounts Following $66 Million Raise

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

Startup Growth Program Invest Georgia Makes Third Commitment: Invests $1 Million in Early Stage Fund TechSquare Labs

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

Delaware Law Legalizing Blockchain Stocks Quietly Moving Forward

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

South Korean Fintech Startup Paycock Set to Bring Mobile Payment Service to Russian Financial Market

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

Canadian Fintech Startup Dream Payments Opens Center of Excellence in Moncton

Fintech

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

Fintech Startup Curve Secures $10 Million During Series A Funding Round

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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

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