Tagged: fintech

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

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