Tagged: fintech

July 5, 2017 @ 12:29 pm By Samantha Hurst  |  

Worldpay Group, a British payment processing firm, announced on Wednesday that Vantiv has offered $10 billion towards the fintech company’s acquisition. The companies revealed in a joint statement: “The Boards of Worldpay and Vantiv see compelling strategic, commercial and financial rationale for combining Worldpay and… Read More

July 5, 2017 @ 11:17 am By Samantha Hurst  |  

Rise London, a European fintech accelerator created by Barclays, is set to host numerous events during the 2017 London Fintech Week, which will take place July 10th-14th. Magdalena Kron, Head of Rise London, revealed on Wednesday: “We’re opening our doors to the community and squeezing nine FinTech… Read More

July 3, 2017 @ 3:51 pm By Samantha Hurst  |  

KPMG, in collaboration with the Monetary Authority of Singapore (MAS), is set to sponsor the 2017 Global FinTech Hackcelerator program as part of the annual Singapore FinTech Festival which will take place from November 13-17th. The organizers of the program revealed: “The Global FinTech Hackcelerator is looking… Read More

July 3, 2017 @ 10:55 am By Samantha Hurst  |  

Curve, a London-based fintech company that’s software allows customers to link their bank cards to one Mastercard, has rolled out a new feature for its smartphone that will allow users to “go back in time” on their purchases. According to the company, the feature allows… Read More

July 1, 2017 @ 1:43 pm By Samantha Hurst  |  

London-based fintech startup CityFALCON has successfully secured more than £265,000 from nearly 200 investors through its second equity crowdfunding campaign on Seedrs. The company launched the initiative last month and sought to raise £150,000. CityFALCON has received awards from Twitter, Ontario, UBS, SB. The company stated it on… Read More

July 1, 2017 @ 12:41 pm By Samantha Hurst  |  

Securities Commission Malaysia (SC) announced on Thursday it entered into an Innovation Cooperation Agreement with the Australian Securities and Investments Commission (ASIC) to further promote innovation in fintech services in their markets.  SC Chairman Tan Sri Ranjit Ajit Singh notably signed the agreement with the ASIC… Read More

June 30, 2017 @ 12:15 pm By Samantha Hurst  |  

On Thursday, the Monetary Authority of Singapore (MAS) announced it signed a fintech co-operation agreement with the Danish Financial Supervisory Authority (Danish FSA) to help fintech companies in Singapore and Denmark to expand into each other’s markets. The agreement was signed at the Money 20/20 European… Read More

June 30, 2017 @ 11:37 am By Samantha Hurst  |  

Texas-based fintech startup, Payix, announced this week that it was selected by Pelican Auto Finance to provide its collection tools, which will also include its new mobile collections application. According to the company, the tools are being designed to help Pelican better connect with its… Read More

June 30, 2017 @ 10:58 am By Samantha Hurst  |  

Just weeks after gaining full authorisation from the UK’s Financial Conduct Authority (FCA), social-circle peer-to-peer lender Flender announced this week it is launching an Innovative Finance ISA (IFISA) offering businesses and consumers a more tax-efficient way of investing. As previously reported, Flender secured £501,700 from more… Read More

June 30, 2017 @ 10:09 am By Samantha Hurst  |  

Vodi, the global fintech and communication services app with a worldwide footprint, has successfully completed its crowdfunding round on Wefunder. The initiative attracted more than 160 new investors. The app’s creators plan to use the funds to enter its next phase and off new features and products,… Read More

June 29, 2017 @ 1:10 pm By Samantha Hurst  |  

Spanish personal finance management app company, Fintonic, announced earlier this week that it has attracted €25 million through its Series B funding round, which included investments from ING Group and insurance group PSN. Founded in May 2012, Fintonic describes itself as mobile banking for the… Read More

June 28, 2017 @ 4:07 pm By Samantha Hurst  |  

With Brexit talks taking place this week between the UK and European Union (EU), CEO of TransferWise, Taavet Hinrikus sat down with CNBC to discuss the UK’s soon departure from the EU and what could happen to London.  During the interview, Hinrikus stated: “One regulator… Read More

June 28, 2017 @ 2:20 pm By Samantha Hurst  |  

nanoPay, an early-stage fintech company based in Toronto, announced on Wednesday it is launching a self-service MintChip Retail Payment Platform, which will enable merchants to accept digital cash (in Canadian Dollars) and deliver all the benefits of traditional cash at a fraction of the cost of… Read More

June 28, 2017 @ 10:30 am By Samantha Hurst  |  

InvestCloud Inc., a global fintech firm, announced on Wednesday that it is set to launch a financial technology incubator and accelerator at its European headquarters in Soho, London. The firm reported that its InvestCloud Innovation Center London will offer both new startups and established financial firms… Read More

June 28, 2017 @ 4:39 am By Jonathan Nieh  |  

This week, it was announced that Visa was purchasing a stake in Swedish fintech company Klarna. Details of the deal were not released, but numerous sources report that Klarna will be issuing a new series of equity following the deal. E-commerce Payments Solution Klarna, which was… Read More

June 27, 2017 @ 3:42 pm By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Tuesday it has extended its AML/KYC identity verification global footprint into Thailand. This news comes just a few months after the company expanded its solution into Korea. According to Trulioo, the extended coverage will also help… Read More

June 27, 2017 @ 10:54 am By Samantha Hurst  |  

Boston-based fintech and investment analytics firm, FinMason, announced on Tuesday it has signed AlphaStreet as its first startup to its newly launched FinSpring Program. According to FinMason, AlphaStreet will be the first to leverage the program’s free access to FinRiver, a set of flexible and… Read More

June 27, 2017 @ 8:35 am By Samantha Hurst  |  

dLocal, an award-winning fintech company that specializes in cross-border payments for emerging markets, announced on Tuesday it launched Marketplace Payments, a new payments product designed specifically for marketplaces whose buyers or sellers are based in emerging markets. With dLocal’s Marketplace Payments, companies can easily enable… Read More

June 23, 2017 @ 2:59 pm By Samantha Hurst  |  

The Tokyo Metropolitan Government (TMG) announced on Friday it is set to invite foreign companies to participate in the upcoming FinTech Business Camp Tokyo event. It was revealed: “TMG is preparing a new plan which can be termed the ‘Financial System Reform in Tokyo —… Read More

June 23, 2017 @ 10:59 am By Samantha Hurst  |  

Dutch fintech firm Adyen announced on Friday it has received a pan-European banking license that allows it to bypass banks and process cross-border payments directly to its merchant customers. According to Adyen’s chief executive, Pieter van der Does, the Amsterdam-based company received the license in… Read More