Tagged: fintech

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

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