Tagged: fintech

February 27, 2017 @ 1:50 pm By Samantha Hurst  |  

Freetrade, a platform designed to let users invest in stock markets around the world, has successfully secured its initial £300,000 funding target and is now nearing £560,000 through its second equity crowdfunding campaign on Crowdcube. Freetrade describes itself as a mobile app that’s designed to let… Read More

February 25, 2017 @ 2:11 pm By JD Alois  |  

KPMG published their quarterly Fintech report last week. The Pulse of Fintech Q4 2016, shares both quarterly and full year numbers for global Fintech investment. According to the report, investments and mergers value dropped from $46.7 billion in 2015 to $24.7 billion in 2016. KPMG… Read More

February 24, 2017 @ 7:50 pm By Samantha Hurst  |  

Tech City UK announced earlier the week the 26 new companies that are joining its Future Fifty program. According to the London-based business management consultant, the Future Fifty program gives participants immediate access to a valuable peer network along with expert-led classes and workshops designed to… Read More

February 24, 2017 @ 3:42 pm By Samantha Hurst  |  

Boston-based Trustivo announced on Friday the launch of a new platform, Digital Workplace, which is dedicated to the fintech industry. According to Trustivo, Digital Workplace offers the following: An integrated platform for both financial planning and financial counseling needs A digital social network designed for… Read More

February 24, 2017 @ 7:55 am By Samantha Hurst  |  

Earlier this week, fintech analytics platform, dv01, announced the launch of its Securitization Explorer, a new web portal dedicated to providing investors with increased insights into securitizations of consumer loans. According to dv01, with the launch of Securitization Explorer, it plans to leverage data, analytical, and… Read More

February 23, 2017 @ 4:54 pm By Samantha Hurst  |  

Global fintech firm InvestCloud announced on Thursday it has formed a partnership with the City of Boston and Boston Mayor, Martin J. Walsh, to launch a new family savings program, which creates savings plans for children’s education. According to InvestCloud, the Boston Saves allows families… Read More

February 22, 2017 @ 2:48 pm By Samantha Hurst  |  

On Wednesday, the Center for Financial Services Innovation (CFSI) announced it has partnered with JPMorgan Chase to launch a virtual fintech lab, the Financial Solutions Lab (FinLab), as a way to help the financial health of overlooked populations, which includes low-income women, aging and disabled populations. This… Read More

February 22, 2017 @ 9:56 am By Xu Gao  |  

Hong Kong Securities & Futures Commission Joins R3 Blockchain Consortium The Hong Kong Securities and Futures Commission (SFC) announced it had joined the R3 blockchain consortium. Through this partnership, SFC will test applications of blockchain on record and settlement of securities and futures trading with the… Read More

February 20, 2017 @ 9:58 am By Samantha Hurst  |  

German fintech startup, Tradico, announced on Monday it received a €1 million investment from former COO and board member of Deutsche Bank, Henry Ritchotte. This investment comes just a few months after Tradico received a €2.5 million investment from Dieter von Holtzbrinck Ventures, Earlybird Venture Capital, and SpeedInvest. Speaking about… Read More

February 16, 2017 @ 1:32 pm By Samantha Hurst  |  

Fintech company OpenFin announced on Thursday it has secured $15 million during its Series B funding round, which was led by J.P. Morgan, Euclid Opportunities, and Bain Capital Ventures. OpenFin describes itself as a financial industry common operating layer. The company enables rapid and secure… Read More

February 14, 2017 @ 2:00 pm By Samantha Hurst  |  

Payment processing company Arab Financial Services is set to host the first annual Middle East and Africa Fintech Forum. This year’s theme is “Fintech Disruption in the Financial Industry.” According to Trade Arabia, the event is being sponsored by Bank ABC and Bahrain Economic Development Board (EDB)…. Read More

February 14, 2017 @ 11:42 am By Samantha Hurst  |  

Standard Chartered announced last week it has launched its Open Banking Application Programming Interface (API) Developer Portal. The company stated that the launch of the portal will enable the Bank to further its digitization agenda and increase collaboration with a wide spectrum of partners including corporates,… Read More

February 14, 2017 @ 10:13 am By Samantha Hurst  |  

InsurTech startup Hippo announced on Tuesday it has formed a partnership with virtual insurance agency provider, Elafris. According to Hippo, the new partnership agreement will allow the company to create its own virtual agent chatbot infrastructure. Hippo describes itself as revolutionizing home insurance by making it… Read More

February 14, 2017 @ 9:37 am By Samantha Hurst  |  

Xignite, a provider of market data cloud solutions for financial institutions and fintech companies, announced on Tuesday it appointed former Microsoft executive Mark Rowe its new Chief Financial Officer (CFO). According to Xignite,  Rowe was notably Interim CFO and Vice President, Finance and Operations at 3D Robotics… Read More

February 13, 2017 @ 11:36 am By Samantha Hurst  |  

The Securities Exchange Board of India (SEBI) is set to form an advisory committee dedicated to the country’s fintech industry. The committee will notably consist of experts and representatives from different fintech sectors. During Internet and Mobile Association of India (IAMAI)’s 11th Digital India Summit in… Read More

February 10, 2017 @ 3:22 pm By Samantha Hurst  |  

BNP Paribas, alongside its partner Plug and Play, announced on Friday they are launching a fintech and insurtech acceleration program in Paris. According to BNP Paribas, the three-month program will be held twice a year and offer 10 startups with the following services: Business plan… Read More

February 10, 2017 @ 2:13 pm By Samantha Hurst  |  

Innovate Finance, the independent membership organization representing UK’s global fintech sector, announced on Friday it has issued a Call for Input on the demand and feasibility of an Industry Sandbox in the UK.  The organization stated that the proposed Sandbox would enable startups, financial institutions,… Read More

February 10, 2017 @ 8:39 am By Samantha Hurst  |  

UK-based Octopus Labs announced it celebrated the five fintech startups that participated in twelve-week accelerator program at The Gherkin in London. Nearly 200 fintech investors and financial advisers reportedly gathered to celebrate the program on Wednesday.  The twelve-week accelerator program, which was launched last year, saw Octopus support five… Read More

February 7, 2017 @ 4:12 pm By Samantha Hurst  |  

On Tuesday, banking giant Citi has teamed up with IBM and its other allies to launch the Citi Tech for Integrity Challenge (T4I), which is described as a program that seeks to encourage technology innovators from around the globe to create solutions to promote integrity, accountability,… Read More

February 7, 2017 @ 9:53 am By Samantha Hurst  |  

Digital money transfer service WorldRemit announced on Tuesday it teamed up with payment system CONTACT to launch instant money transfers in Ukraine, Armenia, Belarus, and Kazakhstan. According to WorldRemit, customers from more than 50 countries can use its app or website to send instant, secure money transfers to… Read More