Tagged: fintech

January 10, 2017 @ 8:56 am By Samantha Hurst  |  

Dubai International Financial Centre (DIFC), the financial hub for the Middle East, Africa, and South Asia (MEASA) region, and global professional services company, Accenture, announced on Tuesday the launch of their FinTech Hive at DIFC Accelerator Program. The companies stated that the program is considered… Read More

January 9, 2017 @ 9:21 am By Samantha Hurst  |  

On Monday, Verint Systems, Inc. (Nasdaq: VRNT) announced that Chinese fintech firm CreditEase, is set to use is Verint’s Speech Analytics, along with Call Recording, and Quality Management, as a way to support the transformation of its customer engagement platform. CreditEase reportedly stated that since it implemented Verint’s… Read More

January 5, 2017 @ 1:23 pm By Samantha Hurst  |  

The University of Strathclyde, a Scottish public research university located in Glasgow, announced on Wednesday it is set to launch its Masters in Financial Technology (Fintech) as a way to support the digital transformation of Scotland’s financial sector. The University stated that the MSc in Financial Technology would… Read More

January 3, 2017 @ 12:52 pm By Samantha Hurst  |  

FSS, a payment and fintech firm that is based in India, announced on Monday the launch its Payments Productathon, an exclusive payment-focused contest. The event is set to be hosted by FSS, in association with NASSCOM along with TiE and Chennai. According to FSS, the contest is… Read More

December 29, 2016 @ 8:18 am By Samantha Hurst  |  

On Wednesday, Higher School of Economics in Moscow announced the second year of its fintech startup program HSE{Pro}Fintech. According to the business incubator, the official partner of the fintech section is Waves, a crowdfunding, community management, and national settlement depository. Higher School of Economics stated it the fintech startup… Read More

December 28, 2016 @ 10:41 am By Samantha Hurst  |  

MOBI724 Global Solutions Inc., (CSE: MOS), a Candian fintech startup that offers an all-in-one fully integrated EMV payment, card link couponing, and digital marketing system, announced on Tuesday it closed a third tranche equity private placement in the aggregate amount of $167,500 by issuing 3,350,000… Read More

December 28, 2016 @ 9:04 am By Samantha Hurst  |  

The Hong Kong Monetary Authority (HKMA) recently announced it has teamed up with the Applied Science and Technology Research Institute (ASTRI) to launch the Fintech Career Accelerator Scheme (FCAS) to meet the growing needs of the fintech industry in Hong Kong. According to both of… Read More

December 27, 2016 @ 3:46 pm By Samantha Hurst  |  

Spanish banking group, BBVA, recently announced it has acquired, Openpay, a fintech startup and payment service provider (PSP) that facilitates e-commerce, including on mobile devices, for large businesses and SMEs.  According to BBVA, Openpay combines a cutting-edge, real-time platform that allows users to make card,… Read More

December 26, 2016 @ 11:09 am By Samantha Hurst  |  

Credit China FinTech Holdings Limited, an integrated fintech service provider in China, announced on Friday it would establish its Southeast Asia headquarters in Singapore by the end of the first quarter of 2017 to speed up the expansion of its business overseas. According to Credit… Read More

December 23, 2016 @ 2:56 pm By Samantha Hurst  |  

Fintech platform for digital media companies, BillFront, recently announced it raised $35 million during a Series A Funding round. Investors who participated in the funding round included 4Finance, NIBC Bank, and FinLeap. BillFront, which was founded in 2015 and based in London, describes itself as… Read More

December 23, 2016 @ 11:51 am By Samantha Hurst  |  

Central Bank of Iran (also known as CBI) announced earlier this week that it is planning to launch its very own fintech regulatory body. According to the director of CBI’s Office for Innovative Technologies, Ali Kermanshah, the organization has been working on fintech regulations since 2012,… Read More

December 22, 2016 @ 11:58 am By Samantha Hurst  |  

Digital money transfer service WorldRemit announced on Thursday it is teaming up with Xpress Money once again to launch instant money transfers to Bangladesh. The companies revealed earlier this week they were working together to offer instant remittances in Pakistan. According to WorldRemit, customers will… Read More

December 21, 2016 @ 4:20 pm By Samantha Hurst  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, recently announced its latest portfolio investment was made in Tradeshift, a business commerce and supply chain finance platform. According to Santander InnoVentures, Tradeshift is used by a range of Fortune 500 companies, which includes  DHL and… Read More

December 21, 2016 @ 3:23 pm By Samantha Hurst  |  

WorldRemit’s expansion plans continue. Less than a week after announcing it was expanding into Russia, Ethiopia, Uganda, Western/Central Africa and Pakistan, the digital money transfer service announced it was launching a new cash pick up service in Lebanon. Through its app or website, WorldRemit’s users in more… Read More

December 21, 2016 @ 2:09 pm By Samantha Hurst  |  

Cardlay, a front-end card management platform and cardholder application based in Denmark, announced it secured $4 million from a group of private investors during a funding round. The company stated it now form partnerships with banks to serve as a front-end platform and will assist… Read More

December 20, 2016 @ 12:31 pm By Samantha Hurst  |  

Following the news that BlueVine secured $49 million during its Series D funding round, the fintech startup announced it was launching a new scholarship program specifically for young entrepreneurs. The company stated its Young Entrepreneurs Scholarship program aims to motivate and support aspiring business owners… Read More

December 20, 2016 @ 9:16 am By Samantha Hurst  |  

Hong Kong is set to host the Next Money Fintech Final 2017 as part of the StartmeupHK Festival. The event, which is brought to the community by credit card giant Visa, will be held on January 18-19th 2017 at the PMQ and is expected to host… Read More

December 20, 2016 @ 8:56 am By Samantha Hurst  |  

On Monday, L’Atelier BNP Paribas announced the second season of its fintech & corporate accelerator. The four-month program was reportedly designed to help enable various businesses to embark on an open innovation project with specific strategic objectives such as the search for growth or internal… Read More

December 19, 2016 @ 11:23 am By Samantha Hurst  |  

On Monday, Nigeria-based fintech startup, Paystack, announced it raised $1.3 million during its seed funding round. Those who participated in the round included Tencent, Comcast Ventures, and Singularity Investments. The company, which was founded by Shola Akinlade and Ezra Olubi, is a Y Combinator-backed startup,… Read More

December 15, 2016 @ 2:19 pm By Samantha Hurst  |  

On Thursday, the Australian Securities and Investment Commission (ASIC) announced a licensing exemption that will allow eligible financial technology (also known as fintech) businesses to test certain specified services without holding an Australian financial services or credit license. According to the ASIC, the fintech licensing… Read More