Tagged: fintech

Brief: India-Based Fintech Company DataSign Technologies Secures Angel Funding

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

AU10TIX Announces Partnership With Startupbootcamp Fintech Accelerator Program

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

Brief: Fintech Company Fluent Rebrands As Hijro & Announces Blockchain Trade Asset Marketplace

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

Fintech Startup investFeed Raises More Than Half of Its $1M Funding Target on Crowdfunder

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

FinTech Australia Receives $200,000 Funding Grant From Federal Treasury

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

Innovate Finance Reports: Global VC investment in Fintech Up 27% to $15.2 Billion to 2016 Third Quarter While UK VC Investment Drops 26%

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

Bizfi Announcement: Fintech Firm Originated $127M in Small Business Financing During 2016 Third Quarter

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

UK Fintech Firm Nutmeg Secures £30M During Series C Funding Round Led By Hong Kong’s Convoy Global Holdings

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

European Commission Creates Internal Fintech Task Force

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

Senjō Group to Support & Co-Sponsor Next Money’s Fintech Finals 2017

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

Singapore Fintech Startup Toast Secures $1.5M During Pre-Series A Funding Round

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

CityFALCON Secures Over £205,000 As Seedrs Campaign Nears Closing Date

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

UK & India Partner on Tech Summit. Fintech Labeled Next Big Transformation in India

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

Brief: Smart Token Chain Completes First Full “Smart Token” Transaction Across the Ripple Network

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

Brief: NYU Stern Holds Inaugural Fintech Conference

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

Brief: Copenhagen Fintech Hub Officially Opens

Financial Services Union Denmark, the City of Copenhagen and the Danish Bankers Association announced the opening of the new fintech hub, Copenhagen Fintech.  Copenhagen Fintech is described as a non-profit association open to companies and organizations with interests within the fintech area. The hub was notably established… Read More

Brief: UK Fintech Startup Soldo Announces New Multi-User Spending Account For Families & Businesses

Soldo, a London-based fintech startup, has announced plans to launch a multi-user spending account that’ll be directed towards families and businesses. The multi-user spending account was created as a way to control of where funds are going. Such examples include giving children money and paying… Read More

Fintech Company FastPay Announces New Partner-Finance Program With Hitachi

FastPay, a fintech company that provides lending and financial workflow solutions to digital businesses, announced on Monday it has teamed up with Hitachi Capital America Corp. to launch a new partner-finance program, which was designed to enable newly created product, FastPay for Enterprise. FastPay For… Read More

InAuth Dubbed Winner of Corporate LiveWire’s 2016 Fintech Excellence Awards

InAuth, a digital device intelligence company, announced on Monday its products received recognition for “Excellence in Providing Mobile-First Products for Authentication” at Corporate LiveWire’s Fintech Excellence Awards for the second year in a row. The company stated its products deliver intelligence capabilities to authenticate, reduce risk,… Read More

Brief: Uber Teams Up With Fintech Bank Bankaool to Launch Its First Debit Card in Latin America

Photo courtesy Wikimedia Commons

On Friday, Uber and Mexican fintech bank Bankaool announced they have team up to launch Uber’s first ever debit card in Latin America. The online transportation network company revealed that the Uber Bankaool card has been available since October 21st and offers users who do not have… Read More

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