Tagged: fintech

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

September 28, 2016 @ 9:33 am By Samantha Hurst  |  

This week, fintech startup AlphaStreet announced the launch of its new iOS app dedicated to on-the-go individual investing. The free app allows users to access their accounts directly from their iPhone. Sharing details about the app, Vishnu Beri, CEO of AlphaStreet, stated: “AlphaStreet’s goal is to make investing… Read More

September 27, 2016 @ 12:17 pm By Samantha Hurst  |  

On Tuesday, the Chamber of Digital Commerce announced it formed a partnership with technology incubator, 1776, to open the Blockchain Innovation Center in Washington, D.C. The organizations revealed that the center would serve as the city’s entrepreneurial resource for technology providers and governments investing and innovating… Read More

September 26, 2016 @ 12:45 pm By Samantha Hurst  |  

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a global IT services, consulting and business solutions organization, announced on Monday it has been named number one of the 2016 IDC Financial Insights FinTech Rankings Top 100. The company stated it earned the top position for… Read More

September 23, 2016 @ 2:23 pm By Samantha Hurst  |  

XY Planning Network, an organization of fee-only financial advisors, announced this week the launch of its new fintech solution, AdvicePay, a payment processing solution that allows for compliant billing of recurring retainers.The platform will also allow XYPN members to charge monthly retainer fees to clients through bank accounts… Read More

September 23, 2016 @ 9:37 am By Samantha Hurst  |  

London fintech startup, CityFALCON, recently launched an equity crowdfunding campaign on Seedrs to raise £150,000 as it prepares for expansion of its personalized financial news feed. The company, which has received awards from Twitter, Ontario, UBS, SB, stated it is redefining how financial news is sourced,… Read More

September 22, 2016 @ 5:27 am By Erin Hobey  |  

P2P Global Investments and Zopa have teamed up to work on Europe’s first securitization of unsecured consumer loans originated online, reported Bloomberg. The £138M ($179 million) transaction is backed by 27,137 loans to individuals, according to Moody’s Investors Service, with a weighted average seasoning of 10 months and a maximum loan… Read More

September 21, 2016 @ 2:51 pm By Samantha Hurst  |  

On Tuesday, private investment company Marvelstone Group announced it developed a new fintech hub, called LATTICE80, and will be launching it in Singapore.The company stated that LATTICE80 will be located in the Central Business District (CBD), an area that is notably close to the key financial… Read More

September 16, 2016 @ 8:42 am By Erin Hobey  |  

Crowdfund Insider has linked with the Hong Kong-based fintech accelerator SuperCharger as its media partner in time to cover round 2.0 of its accelerator program. SuperCharger’s strategic sponsors, including Standard Chartered Bank and Fidelity International, share the goal of instigating a more dynamic fintech market in Hong Kong. SuperCharger is… Read More

September 15, 2016 @ 5:17 pm By Samantha Hurst  |  

MoneyLion, the mobile personal finance platform, announced on Thursday it has closed its portfolio financing line with the Macquarie Group. The company revealed that the Macquarie funds, which are combined with existing facilities from institutional investors as well as equity capital from the FinTech Collective and other VCs, provide… Read More

September 15, 2016 @ 3:46 pm By Samantha Hurst  |  

On Thursday, San Francisco fintech company, Ripple, announced it raised $55 million during its recent Series B Funding round. The company revealed new investors Standard Chartered, Accenture Ventures, SCB Digital Ventures, the venture arm of Siam Commercial Bank, and SBI Holdings contributed to the round along with… Read More

September 14, 2016 @ 12:41 pm By Samantha Hurst  |  

On Wednesday, UK-based fintech company, Ebury, announced its customer base has increased by 50% in the past year and saw its lending volumes more than double. The company reports that this rapid growth was fueled by its partnership with Avoka, a digital customer acquisition for… Read More

September 14, 2016 @ 9:18 am By Samantha Hurst  |  

Earlier this week, Revolut announced that more than 3,000 companies have signed up for its soon-to-launch business program, Revolut for Business.  Revolut allows individuals the ability to pay or transfer foreign currencies at the “best rate” with no hidden fees (something frequently associated with old… Read More

September 13, 2016 @ 5:22 pm By Samantha Hurst  |  

Last week,  founders of Africa Courier Express (ACE), Tunde Kehinde and Ercin Eksin, announced the launch of a new financial services platform called Lidya. The portal was notably founded to improve access to credit and finance across the African continent and for Africans living in the… Read More

September 13, 2016 @ 4:02 pm By Samantha Hurst  |  

WeLab, a Hong Kong-based fintech company, announced last week it has secured a credit facility of $25 million from ING Bank as part of its expansion and enable the company to meet rapidly growing demand for its loans in Hong Kong. Sharing details about the credit facility, WeLab… Read More