Tagged: fintech

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

October 18, 2016 @ 4:21 pm By Samantha Hurst  |  

On Tuesday, Canadian online lender for small businesses Thinking Capital announced the launch of its new artificial intelligent fintech chatbot, “Lucy.”  This new feature will enable business owners to instantly engage with Thinking Capital 24/7, starting on Facebook Messenger. Thinking Capital reported that Lucy would be able… Read More

October 18, 2016 @ 12:49 pm By Samantha Hurst  |  

Less than a month after launching its equity crowdfunding campaign on Seedrs, London-based fintech startup CityFALCON has successfully secured its initial £150,000 funding target from nearly 120 investors. As previously reported, CityFALCON has received various awards from Twitter, Ontario, UBS, SB, stated it is redefining how… Read More

October 18, 2016 @ 10:38 am By Xu Gao  |  

CreditEase is Confronted with Another Tuition Loan Fraud Earlier this month, Chinese p2p lending platform CreditEase was confronted with another tuition loan fraud. TOEIC English, a TOEFL training institution which launched a collaborative tuition loan product with CreditEase, was found shuttered with no reason. Students… Read More

October 17, 2016 @ 3:16 pm By Samantha Hurst  |  

Rise Mumbai Accelerator, Barclay’s fintech accelerating program, announced it has assembled its first cohort, which consists of 10 startups. The India-based program is described as a community of the thinkers and doers that are working together to create the future of financial services. Its team revealed:… Read More

October 17, 2016 @ 1:07 pm By Samantha Hurst  |  

On Monday, China-based fintech service platform UniFi announced it surpassed 100 million yuan (approx. US $15 million) mark since its app went live this past May. The platform is dedicated to foreign students in the U.S. and is an exclusive service of Maizi Jinfu Finacial… Read More

October 17, 2016 @ 11:47 am By JD Alois  |  

Hong Kong-based SuperCharger FinTech Accelerator has renewed its partnership with Hong Kong Exchange and Clearing (HKEX). For a second consecutive year, HKEX has established its supporting organization status behind one of Asia’s leading Fintech accelerators. The partnership will also provide SuperCharger finalists with mentors from… Read More

October 14, 2016 @ 11:40 am By Samantha Hurst  |  

This week, Kiwibank, along with its partner Creative HQ, announced they have teamed up with Simmonds Stewart, which will reportedly act as legal counsel for Kiwibank’s new fintech accelerator program. As previously reported, Kiwibank announced the launch of its new fintech accelerator in New Zealand…. Read More

October 13, 2016 @ 2:43 pm By Samantha Hurst  |  

With the American people set to vote for their next President on November 8th, CEO of Ripple, Chris Larsen, revealed why the next leader of the country needs to consider putting fintech in their agenda. Larsen stated in a blog post on Thursday that while the… Read More

October 11, 2016 @ 3:51 pm By Samantha Hurst  |  

FundThrough, a Canada-based invoice funding platform for small and growing businesses, announced on Tuesday it has raised $24.3 million during its second financing round, which was led by ScaleUP Ventures and included participation from Hedgewood, Klister Credit Corp., and OnWave Ventures. The company stated that… Read More

October 8, 2016 @ 10:28 am By Samantha Hurst  |  

On Friday, Kiwibank announced the launch of its new fintech accelerator in New Zealand. The company stated the 3-month program will initially fund and support eight Kiwi fintech startups and will be powered by startup accelerator brand, Lightning Lab. Kiwibank stated:  “Teams will work directly with… Read More

October 6, 2016 @ 10:02 am By Samantha Hurst  |  

Fintech car financing company, AutoGravity, announced on Wednesday it has formed a partnership with Mercedes-Benz Financial Services to bring the famous brand to its auto financing app. Founded in 2015, AutoGravity currently introduces app users with efficient, transparent auto financing processes. Its app is designed to allow car… Read More

October 4, 2016 @ 9:58 am By Samantha Hurst  |  

On Tuesday, fintech lender iwoca announced it secured £21 million during a Series C equity financing round, which was led by Prime Ventures. This new round notably brings iwoca’s total equity funding to £38 million. iwoca stated it has also raised £25 million secured debt… Read More

September 30, 2016 @ 6:35 am By Erin Hobey  |  

Unocoin, a Bangalore based Bitcoin startup, has raised $1.5 million in a Pre Series-A round, the highest total raised for a digital currency venture in Indian history, said the platform. Funding was sourced from Blume Ventures, Mumbai Angels and ah! Ventures along with prominent international investors such as Digital Currency… Read More

September 29, 2016 @ 3:43 pm By Samantha Hurst  |  

California-based fintech startup Kyriba Corp. announced on Thursday it has successfully secured $23 million during its recent Series D funding round, which was led by Bpifrance. Additional investors included HSBC (NYSE: HSBC) and Daher Capital. The company stated it plans to use the funds to deepen its… Read More

September 29, 2016 @ 2:38 pm By Samantha Hurst  |  

Following the launch of its equity crowdfunding campaign on Seedrs, London startup CityFALCON has been selected to join Octopus Labs’ Fintech Accelerator program. As previously reported, CityFACLON has received awards from Twitter, Ontario, UBS, SB. The company stated it is redefining how financial news is… Read More

September 29, 2016 @ 9:00 am By Samantha Hurst  |  

On Thursday, international financial services group Manulife announced the opening of its third Lab of Forward Thinking (LOFT) location in Singapore. The lab is described as a global exploration and incubation capability that provides a platform for Manulife’s employees to collaborate and devise new technology… Read More

September 29, 2016 @ 8:50 am By Erin Hobey  |  

Since Monday morning, ICONOMI, the globally licensed and regulated bitcoin exchange, has quickly raised an additional $3 million through its “ICO” (Initial Coin Offering) after the “uberized fund management” platform raised to its approximately $5.8 million raised in the campaign’s first month. As of this writing, ICONOMI has now eclipsed… Read More

September 28, 2016 @ 1:42 pm By Samantha Hurst  |  

Following its official launch by Australia’s treasurer, Scott Morrison, H2Ocean Limited announced it received support from financial services figures, Link Group Chairman Michael Carapiet and Perpetual Guardian founder Andrew Barnes. Other supporters include technology industry figures Atlassian co-founder Mike Cannon-Brookes, AfterPay Executive Chairman Anthony Eisen, Ratesetter Australia… Read More