Tagged: fintech

November 10, 2016 @ 12:57 pm By Samantha Hurst  |  

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

November 8, 2016 @ 3:05 pm By Samantha Hurst  |  

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

November 8, 2016 @ 12:10 pm By Samantha Hurst  |  

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

November 7, 2016 @ 4:35 pm By Samantha Hurst  |  

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

November 5, 2016 @ 11:12 am By Samantha Hurst  |  

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

November 5, 2016 @ 10:47 am By Samantha Hurst  |  

Grow, a San Francisco-based fintech company that focuses on socially responsible investments, announced this week the launch of its ESG investment analytics tool. According to the company, the new Grow Analytics tool combines data from top ESG rating companies from around the globe to create a Grow Score,… Read More

November 4, 2016 @ 2:44 pm By Samantha Hurst  |  

The Korea Fintech Center has signed a memorandum of understanding (MOUs) with two Silicon Valley organizations, 500 Startups and Silicon Valley Forum.  500 Startups is described as a global venture capital company and startup accelerator. It has supported 1,700 startups in over 50 countries. Silicon Valley… Read More

November 4, 2016 @ 12:05 pm By Samantha Hurst  |  

Chinese online insurer, ZhongAn Online Property & Casualty Insurance Co., Ltd. (ZhongAn) announced on Friday the launch of its new fintech incubator, ZhongAn Information and Technology Services Co., Ltd. (ZhongAn Technology). According to the insurer, the new brand will explore technology innovation for ZhongAn along with… Read More

November 2, 2016 @ 4:56 pm By Samantha Hurst  |  

Abu Dhabi Global Market (ADGM), an international finance center in Abu Dhabi, announced on Wednesday the launch of its new Fintech RegLab. This news comes seven months after ADGM revealed the development the center as the fintech hub in the MENA region. ADGM stated the… Read More

November 1, 2016 @ 2:45 pm By Samantha Hurst  |  

Alibaba’s financial affiliate Ant Financial has reportedly invested in and has formed a strategic partnership with Thailand-based fintech company, Ascend Money. This news comes just a few months after the company previously planned to acquire 20% in Ascend Money. According to CNBC, the companies revealed that… Read More

November 1, 2016 @ 12:02 pm By Samantha Hurst  |  

San Francisco fintech company, Ripple, announced on Tuesday it has appointed president and chief operating officer, Brad Garlinghouse, as its new CEO. Former CEO, Chris Larsen will be stepped down from the role to become executive chairman of the company’s board of director. Ripple reports… Read More

October 31, 2016 @ 12:11 pm By Samantha Hurst  |  

Riskalyze, a company that empowers thousands of advisors to align each client’s investments with its Risk Number, announced on Monday it secured a $20 million minority growth equity investment, which was led by FTV Capital. The company stated that the investment is considered its first outside… Read More

October 28, 2016 @ 6:13 pm By Samantha Hurst  |  

Cringle, the smartphone app for users who want to send money to friends across Europe in a matter of seconds, has officially closed its campaign on crowdfunding platform Companisto. The German fintech company secured €800,000 from 1487 investors. Cringle was founded in 2014 by Joschka Frieda, Malte Klussmann,… Read More

October 28, 2016 @ 8:59 am By Samantha Hurst  |  

On Friday, crowdfunding platform FundedByMe announced it has been selected as a finalist for the third annual Global Ventures’ Fintech Competition. True Global Ventures is an international, early-stage super-angel investment firm that was formed by technology entrepreneurs-turned-angel-investors who have done more than 600 investments on… Read More

October 27, 2016 @ 9:21 am By Samantha Hurst  |  

On Thursday, real estate crowdfunding platform, Wealth Migrate claimed it was selected as the only South African company to be featured in the top 50 of KPMG and H2 Ventures’ Global 2016 Fintech 100 list. As previously reported, the annual list notably included 50 “established” fintech… Read More

October 27, 2016 @ 8:45 am By Samantha Hurst  |  

Earlier this week, peer-to-peer lender Zopa announced it will be hosting Zopathon16, which is described as a 24-hour opportunity to developers, product people, and designers to present their fintech ideas.  The lender revealed: “After last year’s success we decided to replicate it this year with a new… Read More

October 26, 2016 @ 1:45 pm By Samantha Hurst  |  

Earlier this week, Accenture (NYSE: ACN) and the Partnership Fund for New York City announced their FinTech Innovation Lab is now accepting applications for its seventh annual class. The FinTech Innovation Lab is described as a program for entrepreneurs that are developing disruptive, pioneering technologies for the financial… Read More

October 26, 2016 @ 10:00 am By Samantha Hurst  |  

nanoPay, an early-stage fintech company based in Toronto that provides a secure, real-time payments platform, announced on Wednesday it has secured $10 million during a Series A funding round. Participants in the round reportedly included The Merchant Banking Division of Goldman Sachs, APAGM Services LLC… Read More

October 26, 2016 @ 8:06 am By Samantha Hurst  |  

On Wednesday, UK-based fintech startup, WeSwap officially launched its equity crowdfunding campaign publically on Seedrs. The company successfully secured well over its £1 million funding target from more than 1,800 investors during the initiative’s pre-registration. WeSwap was founded in 2011 and opened to the community in… Read More

October 24, 2016 @ 4:42 pm By Samantha Hurst  |  

Mizuho Bank recently announced the opening of its innovation center, which will be located in the Fintech Center of Tokyo Finolab. The company stated the center would be jointly operated by Mitsubishi Estate Co., Ltd., Dentsu Inc., and Information Services International–Dentsu, Ltd. Mizuho reported that… Read More