Tagged: fintech

WeInvest Announces Collaboration With Fintech Company InvestCloud: Seeks to Enhance Robo Service Offering

Asian robo-advisory platform-as-a-service provider, WeInvest, announced on Tuesday it has teamed up with global fintech platform InvestCloud to enable its robo-advisory solution, which supports multi-asset based, multi-currency, goal-based, and thematic investing. Speaking about the partnership, Bhaskar Prabhakara, CEO at WeInvest, stated: “The WeInvest PaaS solution gives… Read More

Barclays Opens Rise London Location in Shoreditch

Barclays announced on Tuesday the opening of its Rise London location in Shoreditch. Barclays stated that the Rise program brings fintech startups from all around the globe together to work on the company’s customer and business opportunities. They also work together to help create the future of… Read More

Europe On Pace for Record Year in Fintech Deals

Despite a quiet start to Fintech deals on a global level this year, Europe looks like it’s on pace to break records, according to CB Insights’ recent Q1 report. CB Insights reported that European fintech firms raised over $667 million over the first three months of the year… Read More

Australia Fintech Startup Airwallex Secures $13 Million USD During Series A Funding Round

Aussie fintech startup Airwallex announced on Monday it has secured $13 million USD through its latest Series A funding round. Participants of the round included Sequoia Capital China, Mastercard, and Tencent Holdings. Founded in 2015, Airwallex is described as a foreign exchange market that makes… Read More

FinTech Australia Reflects on First Year (Infographic)

FinTech Australia, the advocacy group promoting all things fintech related in Australia, celebrated its one year anniversary by sharing its “Year of Review.” The organization stated when it was launched in February 2016, it has more than 50 founding members, less than two months of… Read More

Japanese Megabank Mizuho Commits to Fintech in Series of Partnerships

New Fintech Incubator One of the largest banks in Japan, Mizuho Financial Group, has been in the news recently for several partnerships involving fintech. According to Nikkei Asian Review, the bank is in talks to co-develop a fintech incubator that will be focused on virtual… Read More

Toronto Financial Services Alliance Welcomes Fintech Support from Ontario

The Toronto Financial Services Alliance (TFSA) released a statement this week welcoming Ontario’s support for the Fintech sector. The announcement by TFSA followed Ontario releasing its budget containing a strategy for advancing Fintech in the region.  The TFSA is a private/public partnership whose goal is to… Read More

Autorité des Marchés Financiers Launches Fintech Lab

In an attempt to enhance their understanding of the Fintech industry, the Autorité des marchés financiers (AMF) in Quebec, Canada, has announced the creation of a Fintech Lab. The Fintech Lab, which will be accessible to all AMF employees contributing to the projects of the Fintech… Read More

MASECO Private Wealth Selects InvestCloud to Provide Client & Advisor Portals For UK/U.S. Clients

Global fintech firm InvestCloud announced on Thursday it was selected by MASECO Private Wealth to provide client and advisor portals to the company’s UK/U.S. customers. InvestCloud reported it would deliver comprehensive client communication and reporting capabilities, which includes the automation and consolidation of client reports online…. Read More

Fintech Startup Tribe Receives Investment From BearingPoint

Norway-based fintech startup Tribe has reportedly received an investment from independent management and technology consultant, BearingPoint. According to Tribe, the new investment will bring it and BearingPoint together and the duo will enter into a long-term partnership to expand each of their service portfolios. Tribe describes itself… Read More

WorldRemit Announces Partnership With Tigo Money Subsidiaries for Mobile Money Transfers Services to El Salvador and Guatemala

Digital money transfer service WorldRemit announced on Thursday it has formed a partnership with Millicom’s subsidiaries Tigo Money to open up new remittance routes to El Salvador and Guatemala. This new collaboration will notably enable Salvadorans and  Guatemalans abroad to send money transfers instantly to… Read More

Insurtech, Fintech, & Big Data Trends To Be Addressed At FutureTech Congress in Warsaw Next Month

Business summit FutureTech Congress is set to be held on May 24th and 25th in the city of Warsaw. According to its organizers, the event is set to address various trends in the insurtech, fintech, and big data industries, along with host experts from all over… Read More

Robinhood Hits Two Million Users & Raises $110 Million During Series C Funding Round Led By DST Global

California-based fintech company Robinhood announced on Wednesday it not only has reached two million users, but it also secured $110 million during its recent Series C funding round, which was led by DST Global, with participation from NEA, Index Ventures, Ribbit Capital, Thrive Capital and… Read More

Tipalti Enhances NetSuite Integration By Launching Touchless Invoices Processing

Tipalti announced on Wednesday it is enhancing its NetSuite integration by launching a touchless invoices process. According to the fintech company, the enhanced integration allows NetSuite clients to streamline their entire end-to-end accounts payable and supplier payments workflow, from supplier onboarding and vetting to AP tax… Read More

Boston Fintech Startup FinMason Continues to Grow Staff By Appointing New Leadership in Sales, Marketing, & Data Science

FinMason, a Boston-based fintech and investment analytics firm, announced on Tuesday it appointed three new staff members to its growing staff. The appointees were added to the data science, marketing, and sales departments. According to FinMason, Mark Carroll was appointed as director of data science, Bob Leaper… Read More

NextTech Aims To Be Vietnam’s Alibaba

E-commerce company NextTech, which is based out of Hanoi, Vietnam, is aiming to become its country’s version of Alibaba. Alibaba, of course, is China’s e-commerce and technology (including Fintech) juggernaut that helped the country surpass the US in mobile payments by more than 50 times. Can… Read More

KeyBank, Progressive, & Other Ohio Industry Giants Team Up To Launch New Global Fintech Accelerator

On Tuesday, Ohio-based companies KeyBank, Progressive, The Kroger Co., Grange Insurance, Huntington, FifthThird, First Federal Lakewood, Root Insurance, and Safelite announced the launch of their new global fintech accelerator program, Fintech71. JPMorgan Chase will also be lending its thought leadership and industry expertise to the… Read More

Paladin fs Unveils Quote Check Service For Banks

Paladin fs, an IT banking contractor company, announced on Tuesday the launch of Quote Check, its newest service offering that helps bankers before signing a new service quote. This service will ensure that banks are being offered equitable terms and pricing nationally. While sharing details about the… Read More

IBM Teams Up With NUS to Promote Fintech & Blockchain Training in Singapore

The National University of Singapore (NUS) School of Computing and the IBM Center for Blockchain Innovation (ICBI), a part of IBM Research, announced on Tuesday they are collaborating to develop a module on fintech, which is set to better equip students with essential knowledge and skill sets in this area…. Read More

SmartBiz Loans Adds Five Star Bank to Network

SmartBiz Loans, an online SBA marketplace and bank-enabling technology, announced on Tuesday it added Five Star Bank to its technology network. The company stated its technology platform would match Northern California-based bank to the right customers in a fraction of the time, allowing the bank to originate… Read More

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