Tagged: fintech

July 19, 2016 @ 12:16 pm By Erin Hobey  |  

Overfunding and still campaigning….The German crowdfunding platform Companisto has four concurrent campaigns overfunding: Mineko, Cringle, eatclever, and poqit.berlin. Many readers may be familiar with the long and windy road involved when utility bills prove incorrect when outrageous sums are supposedly owed.  But what happens when… Read More

July 19, 2016 @ 11:06 am By Erin Hobey  |  

Another indicator that fintech is moving mainstream is the National Directory of Registered Tax Return Preparers & Professionals’ (PTIN) selection of fintech platform Bizfi to provide its tax professionals, accountants, CPAs and their small business clients with access to funding through its aggregation marketplace via a… Read More

July 14, 2016 @ 11:21 am By Erin Hobey  |  

British fintech company XNTree, member of the European fintech accelerator Level39, will set up shop in Seoul’s Yeouido financial district, according to Pulse. A celebration of the announcement coincided with the Seoul Global Fintech Demo Day event on 19 June.  XNTree and Maekyung Media Group have partnered to support Korean… Read More

June 30, 2016 @ 12:45 pm By Samantha Hurst  |  

On Thursday, RealtyShares announced it has appointed Simon Morris as its new Chief Product Officer. The funding platform revealed Morris assumes responsibility for overseeing technology and product development.  According to RealtyShares, Morris has nearly two decades of leadership experience under his belt. Most recently, he served as the… Read More

June 21, 2016 @ 1:30 pm By Erin Hobey  |  

“It’s time to start evening the playing field for women in business,” Lebenthal commented. Alexandra Lebenthal, who Fortune named “The New Queen of Wall Street,” has joined forces with alice + olivia CEO and Creative Director Stacey Bendet to create BankRoll Women, a company that will help women entrepreneurs at… Read More

June 21, 2016 @ 12:55 pm By Erin Hobey  |  

 Today the Chairman of GLI Alternative Finance, a fund owned in part by GLI Finance, Norman Crighton stepped down with immediate effect, according to StockMarketWire. Richard Hills, a non-executive director, will replace Crighton as chairman. GLI Alternative Finance also appointed Ken Hillen, a former head of commercial… Read More

June 21, 2016 @ 8:41 am By Erin Hobey  |  

Between 2010 and 2015 global investment in fintech ventures has grown from $1.8 billion to $22.3 billion, according to Accenture’s latest report on the global fintech landscape. Accenture (NYSE:ACN) has joined a new fintech hub for start-ups based in Tel Aviv, Israel dubbed “The Floor.” As… Read More

June 16, 2016 @ 4:24 pm By Samantha Hurst  |  

This week, co-founder and chief commercial officer of Landbay, Gray Stern, sat down with The Asian Banker to discuss the peer-to-peer lender’s growth along with the importance of transparency in the fintech industry. Landbay, which founded by Stern and John Goodall, allows individuals to invest in… Read More

June 15, 2016 @ 2:21 pm By Erin Hobey  |  

As expected, more and more brick and mortar operations are casting wider nets for clients, by utilizing fintech and offering more and more of their services online.  Raleigh-based Sageworks, a financial information company that provides loan portfolio and risk management solutions to banks and credit unions,… Read More

June 14, 2016 @ 2:04 pm By Erin Hobey  |  

FinLeap, the startup platform behind Germany’s SolarisBank, has secured €21 million in equity capital to support its fintech incubation program. Next to the founding shareholder Berlin-based HitFox-Group, new institutional investors from the insurance industry took a stake in the company including Hannover Re, the third largest worldwide reinsurer,… Read More

June 14, 2016 @ 1:38 pm By Erin Hobey  |  

Australian online lender Marketlend announced that the platform raised $1 million investment in a round lead by fintech entrepreneur Jon Barlow and former KKR Director and Borland Capital founder Mati Szeszkowski, according to Reuters.  The lender will use the new windfall to further automate its technology systems and… Read More

June 13, 2016 @ 7:56 am By Erin Hobey  |  

Armed with an undergraduate degree in Electronics from Dharmsinh Desai University and MBAs from both the Indian Institute of Management, Bangalore and McGill University, Jaidev Janardana spent 12 years with Capital One, in the US and the UK. He was the CMO for Capital One UK, responsible… Read More

June 9, 2016 @ 2:28 pm By Erin Hobey  |  

Like many other large banks, Royal Bank of Canada is now syncing with rising Silicon Valley fintech talent to better position itself with the ever dynamic fintech sector, RBC Vice President of Innovation Gabriel Woo shared with Reuters,  and launched an Innovation Lab in Silicon Valley. The bank has opened similar… Read More

June 7, 2016 @ 8:56 pm By Erin Hobey  |  

KPMG and NASSCOM 10,000 Startups just released the new report Fintech in India, targeting key elements that are “creating transformational waves across the financial ecosystem in India” and have seen extensive usage across financial service institutions. Topics include essential themes to the fintech ecosystem such as next-generation payments, financial inclusion, P2P lending, robo… Read More

June 7, 2016 @ 2:56 pm By Erin Hobey  |  

Three years, $11 million in venture funding and $1 million in loans later, online lender Vouch Financial is closing up shop, according to the Wall Street Journal.  The small online lender founded by serial entrepreneur Yee Lee in 2013, makes personal loans based on the premise… Read More

June 7, 2016 @ 1:55 pm By Erin Hobey  |  

The Monetary Authority of Singapore (MAS) has issued a consultation paper proposing a regulatory sandbox for fintech startups and pilot schemes, according to a release. The proposal aims to enable firms to experiment with new technology in an environment of relaxed rules and appropriate safeguards. The consultation will… Read More

June 7, 2016 @ 1:30 pm By Erin Hobey  |  

Volante Technologies Inc., a leader in the provision of software for the integration, processing and orchestration of financial messages and payments, working in collaboration with Ripple, today announced a solution specifically designed to accelerate the process of integrating with Ripple, a global provider of distributed financial… Read More

June 2, 2016 @ 3:12 pm By Erin Hobey  |  

myPINpad, UK based fintech company which enables multi-channel and multi-factor authentication via the Cardholder PIN, has today appointed Morten Hofstad as Head of the company’s Asia Pacific business.  “We are delighted to welcome Morten to the myPINpad team,” cited myPINpad Executive Chairman and CEO Philip… Read More

May 31, 2016 @ 6:28 pm By Erin Hobey  |  

US Fintecher ChimpChange aims to raise $15M in its Australian IPO offering, according to The Australian. “The stock is expected to begin trading on the Australian ASX on a deferred settlement basis on June 30,” reported The Australian, “planning to issue 18.75 million shares at 80¢ apiece to… Read More

May 31, 2016 @ 2:42 pm By Erin Hobey  |  

The Swiss fintech provider for investment and pension solutions Leonteq AG (SIX: LEON), announced the launch of its Teqlabs innovation lab facility in Singapore’s Central Business District at Asia Square. The innovation lab will foster its fintech research and development to benefit of the financial services… Read More