Tagged: fintech

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

May 30, 2017 @ 11:07 am By Jonathan Nieh  |  

On Friday of last week, London-based fintech firm Alfa Financial Software’s shares began being publically traded on the London Stock Exchange. Shares opened at 325 pence, giving the company an initial valuation of about 975 million pounds or US $1.2 billion, making it the UK’s… Read More

May 27, 2017 @ 10:05 am By Jonathan Nieh  |  

Malaysia Fintech firm Soft Space, which offers mobile payment solutions, announced it has secured US $5 million in funding from Japanese e-commerce company Transcosmos Inc. Mobile POS and E-Commerce Soft Space offers mobile point-of-sale services for small and large merchants in Malaysia and other parts of Southeast Asia…. Read More

May 25, 2017 @ 9:37 am By Jonathan Nieh  |  

Coins, a Philippines-based blockchain mobile payments platform that services Southeast Asia, announced it had secured US $5 million in funding from Naspers, according to an article on Techcrunch. Naspers, which is based in South Africa, is one of the world’s largest investors in tech. The… Read More

May 17, 2017 @ 5:24 am By Jonathan Nieh  |  

I previously reported on Australian startup company Gobbill launching its online bill payment and management platform. Today, the company announced that it had received recognition from the Australian Taxation Office (ATO) that it satisfies the requirements of an Early Stage Innovation Company (ESIC). According to the company’s… Read More

May 16, 2017 @ 2:01 am By Jonathan Nieh  |  

As reported by Forbes today, Alibaba has invested in online invoice exchange marketplace Qupital, marking the Chinese e-commerce giant’s first foray into fintech investment in Hong Kong. Qupital raised a total of $2 million in its seed round. Accounts Receivable Marketplace Qupital bills itself as Hong Kong’s… Read More

May 14, 2017 @ 11:30 am By Jonathan Nieh  |  

According to an article in Bloomberg, Hong Kong-based financial investment and services firm, Sun Hung Kai & Co., intends to expand its principal investments portfolio to over US $2 billion with an emphasis on investing in fintech. The firm currently has about US $1.4 billion… Read More

May 11, 2017 @ 12:58 pm By Samantha Hurst  |  

Innovate Finance, the membership association for global fintech, announced on Thursday it sought support from UK Government, as well as political parties across the spectrum, for its Fintech Election Pledge. While sharing details about the Fintech Election Pledge initiative, Innovate Finance stated: “The United Kingdom’s digital… Read More

May 11, 2017 @ 10:31 am By Samantha Hurst  |  

On Thursday, fintech firm FIS (NYSE: FIS), with The Venture Center, announced ten startups have been selected to participate in the 2017 VC FinTech Accelerator program. The selected companies will notably participate in a 12-week program that is designed to accelerate the development of their… Read More

May 11, 2017 @ 3:40 am By Jonathan Nieh  |  

According to a recent article on The Cointelegraph, the price of Ether could surge due to activity within China. Similar to Bitcoin, Ether is a cryptocurrency that was developed and offered for sale to the public by Ethereum, a blockchain development platform, back in 2014. The value… Read More

May 10, 2017 @ 12:23 pm By Samantha Hurst  |  

BNP Paribas -Plug and Play announced on Tuesday it is partnering with Paris-based startup campus, Station F, to host its upcoming fintech/insurtech accelerator program. According to the organizations, the new partnership will provide a venue for the program. While sharing details about the upcoming program launch, Roxanne… Read More

May 10, 2017 @ 10:27 am By Samantha Hurst  |  

KPMG International announced on Wednesday it has acquired Matchi, a global fintech innovation and matchmaking platform that connects financial institutions, including banks and insurance companies, with leading-edge financial services technology solutions and companies worldwide. According to KPMG, the Matchi platform includes over 700 curated fintech solutions… Read More

May 10, 2017 @ 9:49 am By Samantha Hurst  |  

Oracle announced on Wednesday it has opened applications for the Oracle Startup Cloud Accelerator Program. The company revealed it is seeking early-stage technology startups to join the program in Bengaluru, Delhi/NCR, and Mumbai. The program is set to start in September 2017. According to Oracle,… Read More

May 5, 2017 @ 3:03 pm By Cole Lyons  |  

Since the 2017 launch of the United Kingdom Fintech Financial Crime Exchange (FFE), the group has accumulated seventeen Fintech market leaders. The Exchange allows for Fintech firms to share information and work together in order to prevent the prevalence of financial crimes. The FFE was founded… Read More

May 5, 2017 @ 1:40 pm By Samantha Hurst  |  

China’s Ping An Insurance Group announced on announced on Thursday it has appointed former Citi Global Head of Retail Banking, Jonathan Larsen, as the new Chief Innovation Officer and CEO of Ping An Global Voyager Fund, a new $1 billion fund dedicated to fintech and healthtech…. Read More

May 3, 2017 @ 2:54 am By Jonathan Nieh  |  

Last week, Accenture Consulting published a presentation on how banks can utilize machine learning to draw quicker insights from their data. Machine learning is the specific application of artificial intelligence (AI)  in which computers can learn without being explicitly programmed to do so. How Does it… Read More