Tagged: fintech

April 10, 2017 @ 11:24 am By Samantha Hurst  |  

European-based lending platform Spotcap announced on Monday the launch of its new fintech fellowship, which is geared towards aspiring graduate students. According to the online lender, the program will provide one student per academic year with a £8,000 stipend towards their studies. While sharing details about the… Read More

April 7, 2017 @ 2:26 pm By Samantha Hurst  |  

On Friday, Finnovation Africa: Uganda 2017 opened in Kampala and brought together more than 300 fintech leaders that are seeking to drive the constructive transformation of banking and financial services across Africa.  According to the organizers, the conference opened with a keynote session featuring international fintech… Read More

April 7, 2017 @ 12:07 pm By Samantha Hurst  |  

Meniga, a provider of digital banking technology for the world’s largest banks, announced on Friday it secured €7.5 million during its Series A funding round led by Nordic venture capital investor Industrifonden. Other participants in the round include current investors Velocity Capital, Frumtak Ventures, and… Read More

April 5, 2017 @ 4:27 pm By Samantha Hurst  |  

Financial service software provider Misys announced on Wednesday it has appointed Natalie Gammon as its new Chief Information Officer. The company stated that Gammon will be taking on the responsibility of managing its global infrastructure and technology operations, which includes all business applications and support services, as well as… Read More

April 5, 2017 @ 1:28 pm By Samantha Hurst  |  

Street Contxt, a fintech company that helps brokerages, independent research providers, and asset managers distribute, manage, unbundle and value research, announced on Wednesday it received an investment by a strategic funding consortium led by existing investor Joe Lonsdale of 8VC, and including an investment by… Read More

April 4, 2017 @ 12:13 pm By Samantha Hurst  |  

Biz2Credit announced on Tuesday it is teaming up with Columbia Business School to host the inaugural conference of Frontiers of Digital Finance on May 31st at Lerner Hall of Columbia University’s campus in New York City.  According to Biz2Credit and Columbia Business School, the conference will… Read More

April 3, 2017 @ 1:17 pm By Samantha Hurst  |  

Fintech firm AutoGravity announced on Monday that its data revealed that more than 250,000 shoppers and 1,400 dealers have downloaded its iOS and Android apps for car shopping and financing. While sharing details about the company’s recent data results, Serge Vartanov, co-founder and chief marketing officer… Read More

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