Tagged: fintech

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

December 3, 2015 @ 11:24 am By Erin Hobey  |  

Prime Meridian Capital Management, a specialist in marketplace lending funds, announced the merger with Poise Lending, LLC, cofounded by veteran tech entrepreneur, Val Katayev and P2P lending portfolio manager Don Davis. The merger unifies the entities and adds a third fund – Poise Lending Fund… Read More

December 3, 2015 @ 10:25 am By Erin Hobey  |  

Tandem has been granted authorization from the Bank of England and will be regulated by Financial Conduct Authority and the Prudential Regulation Authority, blogged co-founder Ricky Knox. Tandem aims to be the most helpful, not the most painful, bank for its customers. “This is very… Read More

December 3, 2015 @ 1:46 am By Midori Yoshimura  |  

Crowd2Fund has developed one of the first crowdfunding coins, “Smart Money,” exclusively for members of the Crowd2Fund Investor Club, according to the company’s press release. It entitles members to receive a coin about the size of a £2 piece which has an RFID (radio frequency identifier) chip… Read More

December 2, 2015 @ 2:50 pm By Samantha Hurst  |  

Crowd Valley Inc, creator of the digital back office to power online investing and lending marketplaces and thecitysecret, developers with experience providing innovative solutions to top tier financial institutions, announced this week that they have started to work together in the Certified Partner Program to bring institutional… Read More

December 2, 2015 @ 1:49 pm By Erin Hobey  |  

Japanese e-commerce giant Rakuten (TOKYO:4755) officially initiated a new $100 million fintech investment fund, according to a release.  The Rakuten FinTech Fund, a new US$100 million global investment fund focuses on investments in disruptive early to mid-stage fintech startups aims to offer attractive return potential with strategic relevance…. Read More

December 2, 2015 @ 12:48 pm By Erin Hobey  |  

KeyBank announced a non-equity partnership with Aptexx, a California-based provider of payment and property management software, reported Crain‘s Jeremy Noble. The collaboration continues the Cleveland-based bank’s foray into fintech, initiated by September’s strategic partnership and minority investment in AvidXchange and another partnership with InstaMed.  With much debate in the fintech industry… Read More

December 1, 2015 @ 1:11 pm By Erin Hobey  |  

Five years ago, fintech trailblazer Peter Renton launched Social Lending Network which rebranded to Lend Academy in 2012. On his blog Renton reflects on industry changes during the half-decade. “Back in November 2010, Lending Club had issued less than $200 million in total loans and was focused primarily on retail… Read More

December 1, 2015 @ 12:14 pm By Erin Hobey  |  

Just over a year after securing a $2M seed round, Mirador today announced that the completion of a Series A round of financing. The $7 million investment was led by Core Innovation Capital, with participation from Nyca Partners and Jump Capital. Initial seed investors Collaborative Fund, Wicklow… Read More

November 20, 2015 @ 12:48 am By Midori Yoshimura  |  

London-based startup Nous Global Markets is raising funds to bring an ultra-low-risk trading service to millions of customers around the world, according to the company’s recent press release. The FinTech firm, which uses gaming applications to educate people about the enjoyment and the challenges of financial markets, has… Read More

November 19, 2015 @ 9:02 am By Erin Hobey  |  

Grouplend, Canada’s leading online lending platform, announced today that it has rebranding itself as Grow Financial. Since launching in 2014, the company’s model has evolved from marketplace lending to a fintech platform, using cutting-edge software and advanced data analytics to create revolutionary financial services that extend far… Read More

November 16, 2015 @ 10:28 am By Erin Hobey  |  

  Quadriga Fintech Solutions Corp. claims that it launched Canada’s first R&D lab for blockchain technology. The lab’s first project will be the development of a platform with two core functions: handling the onboarding and client data management for financial crime systems using the blockchain and… Read More

November 16, 2015 @ 9:48 am By Erin Hobey  |  

  “Throughout the course’s seven weeks, students will explore different sub-industries within the FinTech space, including consumer finance, payments, trading and cryptocurrencies.” The Martin Trust Center for MIT Entrepreneurship and the Finance Group at the MIT Sloan School of Management, in collaboration with the MIT… Read More

November 11, 2015 @ 11:37 am By Erin Hobey  |  

Ynext, the division of Yodlee, Inc. (YDLE) that incubates, delivers and commercializes new business opportunities for the company, today announced its newest Incubator class. The company will connect these startups with the resources and tools necessary to take their ideas to market – including free… Read More

November 11, 2015 @ 8:56 am By Erin Hobey  |  

Rabobank, MasterCard, Thomson Reuters and Santander join as founding institutions of Startupbootcamp FinTech in the program’s expansion to US market, following its success in London and Singapore. “Initiatives that cultivate innovation and collaboration will only increase in importance as more players enter the FinTech space,… Read More