Tagged: fintech

January 19, 2016 @ 6:16 am By Erin Hobey  |  

Commonwealth Bank of Australia today launched an Innovation Lab in Hong Kong and announced plans to launch an Innovation Lab in London later this year. This innovation network is a natural extension of the Bank’s successful Innovation Lab in Sydney and creates a global approach to… Read More

January 19, 2016 @ 5:52 am By Erin Hobey  |  

2016 proved eventful for payments network MasterCard, as the company has been involved in in many global fintech industry deals, according to a release.  With the intention of expanding its electronic payments network in other countries, MasterCard heavily invests in fintech and organises a six month… Read More

January 18, 2016 @ 4:28 pm By Samantha Hurst  |  

Peter Thiel, Paypal’s co-founder and first outside investor in Facebook, has reportedly made an investment in Deposit Solutions GmbH, which is considered the first open architecture platform for retail deposits in Europe. Since its establishment in 2011, Deposit Solutions has already mediated deposits in excess of… Read More

January 13, 2016 @ 12:00 pm By Erin Hobey  |  

Nearly one third of Americans will be using a technology company for financial services such as loans, mortgages and payments in five years, reports global P2P platform TransferWise Almost one third of Americans are likely to be using a technology provider and not a bank for… Read More

January 12, 2016 @ 4:55 am By Erin Hobey  |  

Cisco Canada and Toronto-Dominion (TD) Bank group have reached an agreement to collaborate on financial technology (FinTech) solutions “to create enriched customer and employee experiences.” A dedicated TD-Cisco team will co-create in a designated space and will be the first customer project in Cisco’s new Toronto Innovation Centre,… Read More

January 6, 2016 @ 12:28 am By Midori Yoshimura  |  

Japan’s banks are beginning to say konnichiwa with more enthusiasm to Fintech: Mitsubishi UFJ Financial Group Inc., a major Japanese bank, has created a unit to research and develop new financial technologies, according to sources cited in a recent Bloomberg story. A spokesman for Mitsubishi UFJ in Tokyo, Taiki… Read More

December 31, 2015 @ 3:07 am By Erin Hobey  |  

As 2015 comes to a close, here are some highlights from WWF, the wonderful world of fintech. And what a year it’s been!  At the close of last year, the world watched Lending Club’s astounding IPO. By this November, the firm surpassed $13B from borrowers since its 2006 launch. During… Read More

December 22, 2015 @ 9:22 am By Erin Hobey  |  

15.5% of digitally active consumers currently use financial technology products Payment services are the most popular product offering Users are younger, wealthier and increasingly urban With 29.1%, Hong Kong has the highest rate of FinTech use of all surveyed markets  “Higher-income individuals are some of the… Read More

December 22, 2015 @ 8:51 am By Erin Hobey  |  

Calling all Next Generation Payments, Blockchain, Data / Credit Analytics, Mobile VAS / Mobility, Cyber Security and Biometrics and Wealth Tech innovators and disruptors, start your applications in time for the 7 January 2016 deadline! Aiming to source six groundbreaking FinTech innovations to demo to multiple invited financial institutions (banks… Read More

December 17, 2015 @ 2:24 pm By Erin Hobey  |  

Mitsubishi UFJ Financial Group Inc. linked with fintech platform Finatext Ltd to boost investment trust sales by providing information through a smartphone application, reported  Bloomberg, the first time Mitsubishi partnered with fintech startup on a new service. The Fundect app, which was developed by  as part of a competition run by… Read More

December 17, 2015 @ 1:52 pm By Erin Hobey  |  

Nav, a platform offering  free source for both personal and business credit scores, announced its inclusion to Forbes’ inaugural Fintech 50 list, which honors the most innovative financial technology companies “destined to have a big impact on your financial future.” Other companies recognized in this exclusive list include: FinTech Sandbox, Credit Karma,… Read More

December 17, 2015 @ 10:31 am By Samantha Hurst  |  

On Thursday, Chinese fintech marketplace, Jimubox, announced the launch of an intelligent advisory platform; a multi-asset class, multi-product type online wealth management platform that will uniquely serve the next generation of Chinese investors. Over the last two years, Jimubox revealed that over the last two… Read More

December 15, 2015 @ 12:42 pm By Erin Hobey  |  

Biz2Credit, a small business financial technology platform, today launched the BizAnalyzer Score Simulator Tool. The tool, patented in June, allows small business owners to capture a personalized snapshot of their business health. The Score Simulator acts as a virtual CFO, evaluating how cyclical changes to revenue, cash flow,… Read More

December 15, 2015 @ 11:50 am By Erin Hobey  |  

Bizfi, a fintech company whose online small business finance platform combines aggregation, funding and a participation marketplace, announced that Metropolitan Equity Partners has provided a structured financing facility of $65 million to the company to drive growth. Since 2005, Bizfi and its proprietary marketplace and funding… Read More

December 9, 2015 @ 1:18 pm By Erin Hobey  |  

nTrust, a fintech platform that allows users to transfer money via mobile, tablet or desktop to anyone, anywhere, noted its induction into MaRS Discovery District’s Financial Technology (FinTech) Cluster. Bridging the gap between stakeholders and innovators, MaRS’ FinTech hub seeks to connect the financial services sector with… Read More

December 9, 2015 @ 1:03 pm By Erin Hobey  |  

CAN Capital, a market share leader in alternative small business finance, has named Ritesh Gupta to the newly created position of Chief Customer Operations Officer. Gupta will drive cross-company focus on the customer experience by leading sales and operations for the company’s small business customers. “We’re thrilled… Read More

December 9, 2015 @ 11:48 am By Erin Hobey  |  

National Funding, a private lenders of small business loans, announced that it signed a $75M lending facility with CapitalSource, a division of Pacific Western Bank.  The platform also forecasted a record-breaking 2015 in revenue, funding, employee count and office growth. The company also “This past year has been a robust… Read More

December 8, 2015 @ 12:35 pm By Erin Hobey  |  

First State Super will invest tens of millions of dollars into fintech start-ups over the coming years, in partnership with H2 Ventures, a specialist fintech VC fund, according to the Sydney Morning Herald‘s James Eyers.  The launch of the First State Super-H2 partnership was attended by Prime… Read More

December 4, 2015 @ 11:24 am By Erin Hobey  |  

P2P-Banking.com’s Claus Lehmann posted a comprehensive interview this morning with Alejandro Cosentino, the CEO of Afluenta.  Afluenta, a leading marketplace lending company in Latin America (LatAm) that connects creditworthy borrowers with investors, to create more convenient loans and better investment opportunities, provides an innovative investment alternative for individuals… Read More

December 4, 2015 @ 10:44 am By Erin Hobey  |  

  German smartphone bank Number26 will expand across Europe, opening its mobile-only account to consumers in France, Greece, Ireland, Italy, Slovakia, and Spain, according to a release. The expansion brings the total number of countries where Number26 is active to eight, following its initial launch in Germany… Read More