Tagged: fintech

April 3, 2017 @ 12:09 pm By Samantha Hurst  |  

Matchi, a global fintech matchmaking firm, announced it has teamed up with ATB Financial and KPMG in Canada to launch a customer onboarding innovation challenge dedicated to fintech companies. The companies reported that this challenge aims to reimagine customer onboarding and management through collaboration with… Read More

April 3, 2017 @ 9:54 am By JD Alois  |  

It is a truism that increasing competition in the banking sector will benefit both consumers and businesses. Yet high hurdles remain in place for emerging Fintech companies to challenge established financial firms such as banks. FinTech Australia, the advocacy group promoting all things Fintech related,… Read More

March 30, 2017 @ 9:51 am By Samantha Hurst  |  

The Bahrain Economic Development Board (EDB) announced on Wednesday it has formed a partnership with Singapore Fintech Consortium (SFC) and Truical Investment Partners to develop a fintech ecosystem and regulatory frame for the kingdom. According to EDB, the partnership aims to transform Bahrain into the… Read More

March 29, 2017 @ 2:20 pm By Samantha Hurst  |  

On Wednesday, OpenExchange Inc. and FinTech Studios announced they have penned a strategic partnership to integrate their product offerings and provide distribution of each other’s solutions to existing clients. The companies revealed that under this new agreement, FinTech Studios users can access OpenExchange’s videoconference technology,… Read More

March 29, 2017 @ 1:18 pm By Samantha Hurst  |  

Fintech company, Quint Group, announced on Wednesday it secured £10m financing deal from Manchester based Tosca Debt Capital to fund its recapitalization. The company, which was founded in 2009, is behind the UK-based growing consumer price comparison site, MoneyGuru.  Quint also owns and operates a… Read More

March 29, 2017 @ 9:05 am By Samantha Hurst  |  

Fintech pioneer BlueVine announced on Wednesday that this month marked its third year as an online provider of flexible and convenient working capital financing to small and medium-sized businesses. Launched in 2014, BlueVine’s platform offers 100% online invoice factoring service. The company reportedly funded nearly $200 million… Read More

March 27, 2017 @ 3:59 pm By Samantha Hurst  |  

Fintech payment accelerator and solutions provider, SmartCard Marketing Systems Inc., announced on Friday it expanded its fintech accelerator offering for independent software vendors to prepare for biometrics, blockchain, and AI interoperability. SmartCard Marketing Systems stated its strategy is built on compounded years of experience and success… Read More

March 27, 2017 @ 12:30 pm By Samantha Hurst  |  

European fintech company, Creamfinance LLC, announced on Monday it received a €21 million investment from South Africa’s Capitec Bank during its Series B funding round. The new round of funding comes just after the company secured €5 million during its Series A round from international venture capital… Read More

March 27, 2017 @ 12:06 pm By Samantha Hurst  |  

WorldRemit, announced on Monday it is launching its online money transfer services in Japan. This news comes less than a week after the company announced its launch in Hawaii and customers in Japan will now be able to send money to family and friends worldwide, using… Read More

March 27, 2017 @ 10:46 am By Cole Lyons  |  

New financial regulations, including the EU’s Second Payment Services Directive and their open architecture framework that forces banks to share transaction data, may force banks and Fintechs to fight for customer loyalty. Compromises must be made between the competitors. However, according to the banking and… Read More

March 26, 2017 @ 6:48 pm By Cole Lyons  |  

MIT’s recent fintech hackathon, its first ever, connected the Fintech industry with more traditional financial services. This combination is yet another signal that Fintech is changing. Priscilla Cherie Koepke, the FinTech Practice Leader at MIT’s Martin Trust Center for Entrepreneurship, is tasked with creating an… Read More

March 24, 2017 @ 11:14 am By Samantha Hurst  |  

Squirrel, a personal finance app designed to help users have more control over their money, has successfully completed its SyndicateRoom funding round with £585,000 in funds. The company launched the initiative in January seeking  £400,000. As previously reported, Squirrel is an FCA-authorised business that issues… Read More

March 23, 2017 @ 3:22 pm By Samantha Hurst  |  

Jirnexu, a Malaysia-based fintech startup, announced this week it has secured $1.5 million during its Series A funding round, which was led by existing investor DMP with participation from Gobi Partners and OSK Ventures International Board. The company stated that it enables banks, insurance companies,… Read More

March 22, 2017 @ 4:22 pm By Samantha Hurst  |  

Last Friday, the Governor of the State Bank of Vietnam (SBV) signed Decision No.328/QĐ-NHNN to establish SBV Steering Committee on Fintech. According to the bank, the Steering Committee on Fintech will be led by Deputy Governor Nguyen Kim Anh and Deputy Director of SBV Payment… Read More

March 22, 2017 @ 1:36 pm By Samantha Hurst  |  

Deutsche Bank announced on Tuesday the opening of its Fintech innovation lab in New York City. This is the bank’s fourth global lab and it is located in Lower Manhattan’s Fulton Center. The lab will explore new technologies focused in various industries, including artificial intelligence,… Read More

March 22, 2017 @ 11:40 am By Samantha Hurst  |  

Fintech startup and new app Dosh announced on Wednesday it raised $2 million during a seeds funding round. The company reports that the new funds bring its total investment to more than $6 million. Dosh stated its new app can find cash for consumers when… Read More

March 22, 2017 @ 8:57 am By Samantha Hurst  |  

Innovate Finance, the membership association for UK’s global fintech sector, announced on Wednesday the finalists for Pitch360, the organization’s first fintech startup competition, which takes place on day two of Innovate Finance’s prestigious global summit at Guildhall London on April 11th. Applications for the pitch session… Read More

March 20, 2017 @ 4:43 pm By Samantha Hurst  |  

FinTech Circle has formed a partnership with Cape Innovation and Technology Initiative (CiTi) to launch FinTech Academy Africa. The companies revealed that the new program is geared towards those interested looking more about fintech and the curriculum was designed to deliver a comprehensive understanding of the… Read More

March 20, 2017 @ 3:28 pm By Samantha Hurst  |  

Georgia-based digital growth solutions for banks and credit union provider, Gro Solutions, announced on Monday it secured $4.25 million during its latest financing round, which was led by Atlanta-based TTV Capital with participation from BIP Capital, C&B Capital, and BLH Venture Partners. Gro Solution reported… Read More

March 20, 2017 @ 11:49 am By Samantha Hurst  |  

B2B travel payment solutions provider eNett International announced on Monday it has teamed up with UAE supply chain finance platform Invoice Bazaar to help make faster, easier, and safer supplier payments with the eNett Virtual Account Numbers (VANs) even more accessible for middle eastern travel… Read More