Tagged: fintech

CoAssets Announces RMB 1 Million Strategic Investment Fujian’s Da Xian Bing Internet Technology

CoAssets Limited, a Singapore-founded Fintech firm that is listed on the ASX (ASX: CA8), announced over the weekend it has invested RMB 1 Million (approx. A$194,000) in Fujian’s Da Xian Bing Internet Technology Ltd (“Da Xian Bing”).  The company stated that the investment, for 10% of Da… Read More

Startupbootcamp FinTech Selects 10 Startups to Join Inaugural Fintech Program in Mumbai

Startupbootcamp FinTech announced on Monday it has selected 10 startups to join its inaugural program in Mumbai. The group was selected from the Top 20 teams that made it to this round, after four months of scouting and nearly 300 applications from roadshows across Asia,… Read More

Fintech Acquisition Corp. II Reveals Pricing For IPO to Raise to $153 Million

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FinTech Acquisition Corp. II, a blank-check company that acquires or merges with one or more businesses or entities in the fintech industry, announced the pricing of its initial public offering of 15.3 million units at a price of $10 per unit, for gross proceeds to the… Read More

Ayannah Named Best in Show At Next Money Fintech Finals 2017

Philippine-based startup Ayannah, a provider of affordable and accessible digital financial services for the world’s unbanked, was named Best in Show by the judges at the Fintech Finals 2017 (FF17) pitch competition at PMQ in Hong Kong on Thursday night. The second annual event, which was… Read More

Lendit Announces Finalists For First Annual Industry Awards

LendIt, the global lending and fintech conference series, announced on Thursday the finalists for its first annual LendIt Industry Awards. The organization revealed that out of hundreds of applicants worldwide, the selected finalists were placed in  18 categories, which notably celebrate fintech market leaders, emerging… Read More

Fintech Investment Firm Motive Partners Launches & Invests in LMRKTS

Motive Partners, an investment firm focused exclusively on fintech companies, has officially launched and is seeking to invest, operate and innovate across the financial technology ecosystem. The firm, which now has offices in London and New York City, stated it was launched to address the… Read More

Credit China FinTech Named a Founding Member of the Global Blockchain Business Council

Credit China FinTech Holdings Limited, an integrated fintech service provider in China, was announced as a founding member of the newly developed organization, Global Blockchain Business Council (GBBC). Credit China FinTech is reportedly one of the 25 founding members of the GBBC and is considered the only… Read More

Onfido News: Now Offers 2 Billion Unbanked Individuals Worldwide with Machine Learning-Based Solution

Onfido, a global identity verification company, announced this week it is helping to bring financial services to the 2 billion unbanked individuals worldwide with its Machine Learning-based solution. The company stated it plans to use its proprietary technology to verify people’s identification by comparing an identity document… Read More

Fintech Startup Destacame Completes Seed Funding Round: Looks to Expand Access to Credit in Latin America

Chilean-based fintech startup Destacame announced the closing of its seed round of financing.The round was led by Accion Venture Lab, the seed-stage investment vehicle of Accion. Destacame describes itself as an alternative credit scoring platform that uses alternative data to assess an individual’s creditworthiness. Destacame’s proprietary… Read More

Starburst Labs Secures $6.25 Million During Series A Round; Devotes Funds to Fintech Apps & Growth

Starburst Labs, a maker of web-and-mobile apps for an ecosystem of individual investors, financial advisors, broker-dealers, and financial media brands, has announced it has closed a Series A round of funding totaling $6.25 million.  The company stated it creates, designs, develops, and operates a vertically… Read More

SuperCharger Fintech Accelerator Launches 2.0 Program At Cyberport Fintech Smart Space

SuperCharger Fintech Accelerator announced the launch of its 2.0 program on January 9th in the newly opened Cyberport FinTech Smart Space. The accelerator welcomed the program’s eight fintech start-ups and scale-up participants, which are Bambu, Clare.ai, Entersoft, FinChat, Foris, KYC Chain, Squirro, and Xnotes Alliance. The companies… Read More

H2 Ventures Receives $2 Million Loan Guarantee From Jobs For NSW to Create 400 New Jobs for 40 Fintech Startups

Australia’s startup accelerator H2 Ventures is set to receive a $2 million loan from Jobs for NSW. The funds will reportedly give H2 Ventures access to a $4 million loan from Investec Australia, along with helping the accelerator create 400 jobs for 40 fintech startups in… Read More

Accenture Announces Fintech Innovation Lab London’s Largest Program Class

Accenture announced on Monday that 20 startups were chosen for the 2017 Fintech Innovation Lab London’s 12-week program. This class is considered the largest class in the London Lab’s five-year history and this year’s program reported received the greatest number of applicants, with an increased… Read More

Innovate Finance Set to Bring UK Fintech to the 2017 World Economic Forum Meeting in Davos

Innovate Finance, the independent membership organization representing UK’s global fintech sector, announced on Monday it is heading to Davos, Switzerland for the 2017 World Economic Forum.  The World Economic Forum, which was established as a not-for-profit foundation in 1971 and is headquartered in Geneva, Switzerland, aims to… Read More

Innovate Finance to Award Winner of Pitch360 With £10,000 Prize

Innovate Finance, an independent membership association that represents the UK’s global fintech community, announced on Thursday it would be giving Pitch360’s winner a £10,000 prize. The organization revealed that the fintech startup competition aims to strengthen the global FinTech community by showcasing the hottest innovations in financial services… Read More

CSI Kick Start: Now Accepting Applications For Second Annual Fintech Startup Funding

CSI Kick Start, Inc., a fintech startup incubator founded by global payments innovator, CSI globalVCard, announced on Thursday its second annual application process for fintech startup funding is now open. The incubator stated it would be offering portfolio companies investments starting at $500,000, along with mentorship… Read More

Northwestern Mutual Unveils $50 Million Fintech Venture Fund

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Northwestern Mutual announced on Thursday it designated $50 million to launch the Northwestern Mutual Future Ventures, which will be dedicated to engaged startups that’s technologies have the potential to transform how consumers experience and achieve financial security. According to the insurance company, the venture fund’s… Read More

PwC Announces New Fintech Accelerating Program Startup Collider

PwC announced earlier this week the opening of its new fintech accelerating program, Startup Collider, which is described as a new initiative for nurturing and promoting the Central and Eastern European start-ups. The company stated it will provide the start-ups with a workspace within PwC network,… Read More

Andhra Pradesh Appoints KNOLSKAPE as Fintech Education Knowledge Partner

KNOLSKAPE, a modern workplace experimental learning company, announced on Wednesday it was selected as the knowledge partner of the new fintech education program of Andhra Pradesh (GoAP), a state in India. The company stated it would forming partnerships with universities in the state, along with… Read More

Innovate Finance Welcomes Belgian Delegation in London For Fintech Platform B-Hive Launch

Innovate Finance, an independent membership association that represents the UK’s global fintech community, announced on Wednesday it welcomed a delegation of leading voices from the digital finance community of Belgium led by the Minister of Finance Johan Van Overtveldt in London for the launch of… Read More

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