Tagged: fintech

June 21, 2017 @ 4:44 pm By Samantha Hurst  |  

London-based fintech startup TrueLayer, successfully raised $3 million during its Series A funding round, which was led by Anthemis Group, with participation from Connect Ventures. The company, which was launched in a private beta earlier this year, seeks to help developers build innovative financial services… Read More

June 21, 2017 @ 3:52 pm By Samantha Hurst  |  

Cybersecurity company WISeKey announced on Wednesday the launch of its artificial intelligence and blockchain Centre of Excellence located in India that will support its global projects. According to the company, The India location will be working to expand its AI project, WISeAI-integrating the WISeKey Indian… Read More

June 21, 2017 @ 12:22 pm By Samantha Hurst  |  

London-based fintech firm Soldo announced it secured $11 million during its Series A funding round, which was led by Accel with participation from Connect Ventures, InReach Ventures, U-Start, and R2014 Partners. As previously reported, Soldo revealed last fall plans to launch a multi-user spending account that’ll… Read More

June 21, 2017 @ 11:28 am By Samantha Hurst  |  

Ernst & Young LLP (EY) announced on Wednesday the launch of its new Union Square Innovation Center in New York City. According to the company, the center will focus on financial services and is a flagship location for EY wavespace, its global growth an innovation… Read More

June 21, 2017 @ 10:24 am By Samantha Hurst  |  

Digital Financial Services Lab (DFS Lab) announced on Tuesday it is set to invest $250,000 in four separate fintech startups that are building products that help low-income consumers in developing markets. The startups are Inclusive (based in Ghana), Pula (based in Kenya), Pezesha, (based in Kenya), and… Read More

June 20, 2017 @ 11:12 am By Samantha Hurst  |  

Just a little over six months after securing more than £205,000 on Seedrs, London-based fintech startup CityFALCON has returned to the equity crowdfunding platform. The company, which was seeking to raise 150,000, has already achieved its initial funding target and is now nearing £185,000 thanks… Read More

June 20, 2017 @ 9:37 am By Samantha Hurst  |  

New York-based fintech firm Boost Payment Solutions, recently announced has closed a round of funding from San Francisco’s Mosaik Partners. Founded in 2009 by Dean Leavitt, the company’s proprietary B2B gateway platform, Boost Intercept, offers B2B-specific reporting capabilities that allow enterprises that accept commercial card… Read More

June 20, 2017 @ 8:46 am By Samantha Hurst  |  

LendIt, the global lending and Fintech conference, announced on Tuesday it has teamed up with Startupbootcamp FinTech for its PitchIt Europe 2017 competition. According to the event’s organizers, this year’s competition is set to see hundreds of applicants all looking to compete in the competition’s… Read More

June 19, 2017 @ 10:44 am By Samantha Hurst  |  

London-based fintech company, PayBreak, announced it raised £24.5 million during its latest fundraising round. According to the company, the round was supported by existing shareholders and saw new investors as well. Speaking about the round, managing director of PayBreak, Julia Throop stated: “The fundraising shows… Read More

June 18, 2017 @ 8:35 am By Samantha Hurst  |  

Online real estate investment marketplace, Wealth Migrate, announced on Thursday it is launching its #LikeAMillionaire luxury condo give-a-way. According to the platform, the condo is valued at $200,000 and is located in Cape Town’s Zero-2-One Tower development. The contest has been open to South African… Read More

June 16, 2017 @ 10:15 am By Samantha Hurst  |  

Digital financial service company, P2P Cash, announced on Friday it has launched a new money transfer service from George and South Carolina to Nigeria. The company reported that it now offers cross-border money transfer without any fees. P2P Cash, which is a division of software… Read More

June 16, 2017 @ 9:54 am By Samantha Hurst  |  

Tipalti announced this week the launch of a series of new capabilities that are set to enable forward-thinking CFOs to transform their finance organization from an operational function to a strategic enabler of global growth while transitioning AP from a cost center to a profit… Read More

June 15, 2017 @ 4:00 pm By Samantha Hurst  |  

On Thursday, Citizens Bank announced it is teaming up with fintech Bottomline Technologies to launch an online and mobile banking platform for its Commercial and Business Banking clients. Citizens Bank stated that the new digital banking platform will provide clients with an integrated suite of… Read More

June 15, 2017 @ 3:00 pm By Samantha Hurst  |  

Automobile fintech firm AutoGravity has teamed up with Fletcher Jones Auto Group to launch real-time investors smartphone app, Fletcher Jones Drive (FJ Drive). Users of the new app will be able to access a large selection of Mercedes-Benz along with an auto financing application, and Mercedes-Benz… Read More

June 15, 2017 @ 2:00 pm By Samantha Hurst  |  

FinMason, a Boston-based fintech and investment analytics firm, announced on Thursday the launch of its new fintech accelerating program, FinSpring, which is described as an initiative that will provide free access to FinRiver, a set of flexible and lightning-fast investment analytics APIs. The company reported that… Read More

June 15, 2017 @ 9:18 am By Samantha Hurst  |  

Germany-based incubator and accelerator F10 FinTech announced the grand opening of its Startup Batch II – Summer 2017 program. The event will be held on July 3rd in Zurich. The “Prototype to Product” program lasts for six months and offers startups support as they transition their… Read More

June 14, 2017 @ 3:05 pm By Samantha Hurst  |  

DCU FinTech Innovation Center, a nonprofit innovation center that fosters seed-stage fintech startups and promotes fintech in Boston, announced on Wednesday its list of cohorts for June 2017.  The center states it helps companies establish product/market fit by working collaboratively across the fintech ecosystem. Companies… Read More

June 14, 2017 @ 12:11 pm By Samantha Hurst  |  

Fintech71, a cross-industry Ohio-based accelerator focused on financial technology, announced on Wednesday it is currently gaining global momentum and its application process is now underway. As previously reported, Ohio-based companies KeyBank, Progressive, The Kroger Co., Grange Insurance, Huntington, FifthThird, First Federal Lakewood, Root Insurance, and… Read More

June 13, 2017 @ 11:08 am By Samantha Hurst  |  

Fundbox, a cash flow optimization tool platform for small businesses, announced on Tuesday the launch of its new product, Direct Draw. According to the company, the Direct Draw product allows small businesses to easily apply for credit with just a business bank account, without requiring their… Read More

June 10, 2017 @ 10:15 am By Cole Lyons  |  

Sepaking at the recent WSJ D.Live Asia event in Hong Kong, Ping An CIO Jonathan Larsen said Ping An is launching a new fund to invest in early stage Fintech ranging from $10 million to $30 million, according to a report from Dow Jones (here)…. Read More