Tagged: fintech

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

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