Tagged: fintech

December 15, 2016 @ 11:44 am By Samantha Hurst  |  

FinTech Sandbox, a nonprofit that helps fintech startups access data and build great products, announced on Thursday one of its alums, Data Simply, has signed on to be a data partner and provide data to innovative startups that are selected by the organization. Data Simply… Read More

December 14, 2016 @ 10:56 am By Samantha Hurst  |  

Unkapt, an Australia-based fintech startup, announced this week it is launching in Southeast Asia. The company stated it is an alternative lending, cross-border capital raising platform offering APAC small and lower middle market issuers (SMEs) the opportunity to use innovative financing to raise capital among a network… Read More

December 14, 2016 @ 8:41 am By Samantha Hurst  |  

BlueVine, an online lender that provides factoring finance, announced on Wednesday is has secured $49 million during a Series D funding round, which was led by existing investors including Lightspeed Venture Partners, Menlo Ventures, 83North, Citi Ventures, Rakuten FinTech Fund, and Silicon Valley Bank. Since… Read More

December 13, 2016 @ 10:37 am By Samantha Hurst  |  

Innovate Finance, the membership association for global fintech, announced the launch its first ever fintech startup competition. Pitch360. The organization revealed that the competition, which is open to both startups and institutions from around the world, aims to strengthen the global FinTech community by showcasing the… Read More

December 9, 2016 @ 2:23 pm By Samantha Hurst  |  

Digital money transfer service WorldRemit announced on Friday it is teaming up with African financial institution Guaranty Trust Bank (GTBank) have launched new money transfer routes to West and Central Africa. With the WorldRemit app or its website, users may now send secure overseas money transfers to any bank account in… Read More

December 9, 2016 @ 10:44 am By Samantha Hurst  |  

Canadian fintech startup Symend Inc. announced on Thursday it secured $1 million through its first seed funding round. The company revealed that key investors included founding partners and angel investors. Symend stated it would focus initially on helping utility providers, telecoms, and unsecured credit card suppliers recoup… Read More

December 9, 2016 @ 10:14 am By Samantha Hurst  |  

The Venture Center announced on Thursday, in conjunction with FIS and the Governor of Arkansas’s office, it is now accepting applications for the second portfolio of its globally competitive financial technology accelerator program, VC FinTech Accelerator. According to The Venture Center, the VC FinTech Accelerator… Read More

December 8, 2016 @ 3:57 pm By Samantha Hurst  |  

Australian fintech company Inamo and French embedded security software product provider Oberthur Technologies (OT) announced on Thursday they formed a partnership. OT is set to provide its digital payment enablement technology to Inamo’s wearable solutions, which includes the company’s new product, CURL. Sharing details about… Read More

December 8, 2016 @ 1:40 pm By Samantha Hurst  |  

Canadian international bank Scotiabank and U.S. venture capital firm QED Investors announced on Thursday their partnership and mission to bring capital and industry expertise to select Latin American fintech companies. According to the companies, QED Investors will bring its deep expertise in the financial services sector… Read More

December 8, 2016 @ 11:46 am By Samantha Hurst  |  

Financial technology provider FIS (NYSE: FIS) announced on Thursday it was launching a new network specifically for early stage fintech companies. The FIS HiPo (short for “high potential”) Network is described as a collection of firms that have demonstrated substantial promise in the development of new tools and… Read More

December 8, 2016 @ 10:45 am By Samantha Hurst  |  

Citi FinTech, a unit within Citi’s Global Consumer Bank, announced on Thursday the launch of its first product, the Citi Mobile App for iPhone. This new app combines banking, wealth management, and money movement capabilities, which were developed by the fintech group. While sharing details… Read More

December 8, 2016 @ 10:13 am By Samantha Hurst  |  

Senjō Group, a global payments operator and fintech investment firm, announced on Thursday it has formed a partnership and invested $1.2 million in Singapore-based B2B service, Tjaara Pte. Ltd.   Tjaara, or “Marketplace” in Arabic, reportedly acts as a global purchaser to numerous unaligned wholesalers and businesses… Read More

December 7, 2016 @ 3:40 pm By Samantha Hurst  |  

Earlier this week, the Federal Reserve published a research paper on fintech monitoring. According to the organization, this new paper refers the technology as a combination of components such as peer-to-peer networking, distribution data storage, and cryptography. The Federal Reserve revealed in the document: “Digital… Read More

December 7, 2016 @ 8:52 am By Samantha Hurst  |  

Veridium, a biometrics-based authentication technology, announced on Wednesday it has appointed James Strickland as its new CEO. Stickland has served in senior executive roles for HSBC, JPMorgan Chase, and Cisco. His most recent position was managing director of fintech firm, Red Deer Systems. According to Veridium,… Read More

December 6, 2016 @ 2:01 pm By Samantha Hurst  |  

Deutsche Bank announced on Monday it is strengthening its fintech and innovation presence by appointing Elly Hardwick as Head of Innovation and Philip Milne as CTO for Innovation. According to Deutsche Bank, Hardwick will work closely with fintechs and the bank’s business divisions to drive the adoption of… Read More

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