Tagged: fintech

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

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