Tagged: fintech

January 24, 2017 @ 11:59 am By Samantha Hurst  |  

Canada fintech firm Goldmoney Inc. (TSX: XAU) announced on Monday its Network accounts and Wealth Holdings have been endorsed as Shariah-compliant by the Shariah Supervisory Board of Amanie Advisors. The company stated that Islamic investors may now instantly purchase, save, and transact in gold globally… Read More

January 24, 2017 @ 10:29 am By Samantha Hurst  |  

Alpaca, a California-based Fintech startup building AI and database technology for financial trading, on Tuesday the closing of its venture round, which has secured $1.75 million. Participants of the latest round include D4V, a joint-venture fund by IDEO and Genuine Startups, Monex Ventures of Monex… Read More

January 24, 2017 @ 8:38 am By Samantha Hurst  |  

On Tuesday, Equifax Canada (NYSE: EFX) announced it officially launched the first phase of a new multi-million dollar technology platform, which will provide Canadian financial institutions with insights to help them understand their customers’ needs and motivations. According to Equifax Canada, the new platform will… Read More

January 23, 2017 @ 9:45 am By Samantha Hurst  |  

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

January 23, 2017 @ 9:12 am By Samantha Hurst  |  

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

January 20, 2017 @ 11:01 am By Samantha Hurst  |  

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

January 20, 2017 @ 9:16 am By Samantha Hurst  |  

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

January 19, 2017 @ 9:18 am By Samantha Hurst  |  

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

January 18, 2017 @ 4:51 pm By Samantha Hurst  |  

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

January 18, 2017 @ 3:00 pm By Samantha Hurst  |  

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

January 18, 2017 @ 2:12 pm By Samantha Hurst  |  

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

January 18, 2017 @ 8:45 am By Samantha Hurst  |  

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

January 17, 2017 @ 11:28 am By Samantha Hurst  |  

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

January 16, 2017 @ 4:43 pm By Samantha Hurst  |  

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

January 16, 2017 @ 12:30 pm By Samantha Hurst  |  

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

January 16, 2017 @ 11:25 am By Samantha Hurst  |  

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

January 16, 2017 @ 9:41 am By Samantha Hurst  |  

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

January 12, 2017 @ 1:46 pm By Samantha Hurst  |  

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

January 12, 2017 @ 11:17 am By Samantha Hurst  |  

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

January 12, 2017 @ 10:29 am By Samantha Hurst  |  

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