Tagged: fintech

December 6, 2016 @ 9:20 am By Samantha Hurst  |  

Envestnet | Yodlee (NYSE: ENV), a data aggregation and analytics platform powering dynamic, cloud-based innovation for digital financial services, announced on Monday the 2016-2017 class of its fintech incubator, Envestnet | Yodlee Launchpad. The Envestnet | Yodlee Incubator is described as a program that connects the… Read More

December 5, 2016 @ 3:22 pm By Samantha Hurst  |  

Innovate Finance, an association that’s dedicated to the global fintech industry, announced on Monday it is set to support the creation of two fintech hubs located in the Kingdom of Bahrain and the UAE. While speaking at the FinTech Enterprise Excellerate (E2) conference in the Gulf, Lawrence… Read More

December 5, 2016 @ 10:54 am By Samantha Hurst  |  

MoneyLion, the mobile personal finance platform, announced on Monday it secured $22.5 million during its Series A Funding round, which was led by Edison Partners. The company stated the Series A financing and existing $650 million debt facilities will fuel its growth and expand its lending… Read More

December 2, 2016 @ 4:42 pm By Samantha Hurst  |  

Earlier this week, the Allstate Corporation (NYSE: ALL) announced it is set to acquire SquareTrade, a fintech company that provides consumer protection plans and distributes through major retailers, including Amazon, Costco, Sam’s Club, Target, Staples, Office Depot and Toys “R” Us. According to SquareTrade, acquiring… Read More

November 29, 2016 @ 4:28 pm By Samantha Hurst  |  

The Stockholm Fintech Hub, an independent, not-for-profit hub, is set to launch in the first quarter of 2017. The hub’s mission is to accelerate and promote the development of Sweden’s fintech, insurtech, and regtech startups. It was created by Matthew Argent, Partner BLC Advisors, KPMG,… Read More

November 22, 2016 @ 12:06 pm By Samantha Hurst  |  

Datasigns Technologies Pvt. Ltd, an India-based fintech company behind ShubhLoans, has secured an undisclosed amount during an angel funding round, which was led by former MD of JP Morgan Sanjai Vohra and managing director and India CEO of Goldman Sachs, V. Bunty Bohra. Founded earlier this year by Anand… Read More

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

AU10TIX, a fully owned subsidiary of ICTS International N.V, announced on Monday it has formed a new partnership with the Startupbootcamp Fintech Accelerator Program as a way to help support fintech startups. The company reported it will put its BOS cloud service at the disposal… Read More

November 17, 2016 @ 2:35 pm By Samantha Hurst  |  

Fluent, a financial operating network for global trade, announced on Thursday it has rebranded to Hijro and unveiled its new Trade Asset Marketplace. The company revealed the rebranding represents the refocus of its brand, emphasizing its goal to become a connected network or global “waterway”… Read More

November 16, 2016 @ 4:30 pm By Samantha Hurst  |  

investFeed, a fintech startup that provides a transparent social investment network, has successfully secured more than half of its $1 million funding target through Crowdfunder. The company launched the campaign at the end of September and is seeking the funds to expand and add more key features,… Read More

November 16, 2016 @ 1:49 pm By Samantha Hurst  |  

FinTech Australia, a national association for the Australian FinTech Startup community, announced earlier this month it received a $200,000 funding grant from the Federal Treasury. This news comes just a few months after the organization secured $300,000 from Launch Victoria. Federal Treasurer Scott Morrison MP revealed details… Read More

November 16, 2016 @ 10:06 am By Samantha Hurst  |  

Innovate Finance, an association for the global Fintech industry founded in 2014, announced on Wednesday its latest report through Pitchbook revealed over global investment for fintech has increased by 27 % to $15.2 billion to 2016’s third quarter with 839 deals in total. The organization… Read More

November 15, 2016 @ 12:48 pm By Samantha Hurst  |  

Fintech company Bizfi announced on Tuesday it originated more than $127 million in financing in the third quarter of 2016. The company reported that the top sectors seeking finance through its platform were manufacturing, retail, business-to-consumer (B2C) services (i.e. daycare, cleaning) and business-to-business (B2B) services (i.e…. Read More

November 14, 2016 @ 4:01 pm By Samantha Hurst  |  

On Monday, UK-based fintech firm Nutmeg announced it secured 30 million during a Series C funding, which was led by Hong Kong independent finance advisers firm, Convoy Global Holdings. Other participants included existing investors such as Schroders, Balderton Capital, Pentech Ventures, Armada Investment Group, and… Read More

November 14, 2016 @ 2:41 pm By Samantha Hurst  |  

The European Commission has reportedly set up an internal task force that is focused on financial technology (aka fintech). While sharing details about the group, Roberto Viola, director general for DG Connect and Olivier Guersent, director general DG Financial Stability, revealed in a press release the key… Read More

November 12, 2016 @ 12:31 pm By Samantha Hurst  |  

Privately held investment firm Senjō Group announced on Friday it is set to support and co-sponsor Next Money’s Fintech Finals 2017 (FF17). The company revealed it will also be organizing partner alongside InvestHK and Startmeup.HK. Next Money is described as a global fintech community that fosters the… Read More

November 11, 2016 @ 1:47 pm By Samantha Hurst  |  

Toast, a Singapore fintech startup, has reportedly secured $1.5 million during a pre-Series A funding round, which was led by Aetius Capital with participation from 1776 and Pepper Group. Toast is described as a peer-to-peer money transform application that allows Filipino users in Hong Kong… Read More

November 11, 2016 @ 11:20 am By Samantha Hurst  |  

With its equity crowdfunding campaign set to close on Seedrs in less than a week, London-based fintech startup CityFALCON has raised more than £205,000 from 180 investors. CityFALCON has received awards from Twitter, Ontario, UBS, SB. The company stated it on a mission to redefine how… Read More

November 11, 2016 @ 9:20 am By Jessica Pham  |  

Fintech is emerging as the next big transformation in India India and the UK held a joint Tech Summit on November 7-9 in New Delhi, where Prime Minister Narendra Modi of India emphasized close collaboration between the two nations during his remarks because it was “vital that India… Read More

November 11, 2016 @ 8:56 am By Samantha Hurst  |  

Smart Token Chain, a blockchain specialist in the fintech sector, announced on Thursday it completed its first full smart token transaction across the Ripple Network.The company reported Ripple gives it access to a wide range of partners and customers without having to establish a digital… Read More

November 10, 2016 @ 2:58 pm By Samantha Hurst  |  

On Wednesday, New York University’s Stern School Business held its inaugural Fintech Conference. The event addressed critical issues in the fintech industry, which included regulations to public policy, equity crowdfunding, marketplace investing, and blockchain technology. Dan Schulman, president and CEO of PayPal, was the keynote speaker. Raghu… Read More