Tagged: fintech

DIFC FinTech Hive Announces Launch of Career Mentorship Program “AccelerateHer”

DIFC FinTech Hive, a fintech accelerator that is in the Middle East, Africa, and South Asia (MEASA) region, recently announced the launch of AccelerateHer, a mentorship programme which equips budding female professionals with necessary tools and experience to play a more active role in the… Read More

Monzo Introduces New Account Customization Premium Feature Monzo Plus

UK challenger bank Monzo announced earlier this week the launch of its new customization premium feature, Monzo Plus. Monzo reported that it previously published a list of things it was looking to explore throughout 2019, including an option to allow users to purchase “add-ons” for their… Read More

NatWest Announces New Biometric Fingerprint Card

UK banking group NatWest announced on Wednesday the launch of its new biometric fingerprint card. NatWest reported that customers may now use their fingerprint to verify transactions above the £30 contactless limit, increasing security and making it easier for customers when paying for goods or services… Read More

Dutch Private Equity Firm NPM Capital Acquires 35% Stake in Fintech Startup Ohpen

Fintech

Dutch private equity firm NPM Capital announced on Thursday it has acquired 35% stake in fintech startup Ohpen. Founded in 2009, Open revealed that its mission is to develop the “best” core banking engine in the world. “Built by former bankers to administer retail investment and… Read More

Overfunding: Fintech Startup GeoDB Surpasses £750,000 Funding Target on Crowdcube

GeoDB, a UK-based fintech start that aims to provide a big data marketplace that includes an encrypted, safe, transparent, verified, accurate and decentralized datapool, has successfully secured its initial £750,000 equity crowdfunding target on Crowdcube. As previously reported, GeoDB was co-founded in 2018 by Chairman… Read More

BlueVine Teams Up With Ocrolus to Provide Faster Processing For Financing Applications

Ocrolus, a data verification and cash-flow analytics company, announced on Tuesday it has formed a partnership with BlueVine, a provider of online working capital financing to small and medium-sized business lenders. Ocrolus reported BlueVine will use its technology to accelerate growth and scale operations efficiently,… Read More

Financeit Announces U.S. Expansion & Appoints Steve Olszewski as General Manager

Financeit, a Canada-based point-of-sale financing provider, announced last week it is expanding into the U.S. and has appointed Steve Olszewski as its U.S. division general manager. Founded in 2011, Financeit describes itself as a market leading point-of-sale payment plan provider, servicing the home improvement, vehicle, and… Read More

Australian Digital Financial Marketplace Nauticus Blockchain Now Seeking $25 Million Through Equity Funding Round

Nauticus Blockchain, an Australia- based digital financial marketplace, announced on Monday it is now seeking $25 million through its new equity fundraising efforts. The Nauticus Exchange is described as an Australia Government regulated crypto and fiat currency exchange. The platform is egistered with AUSTRAC and… Read More

Rapyd Teams Up With OCBC Bank to Create Instant Mobile Payments Through PayNow in Singapore

UK-based fintech Rapyd announced on Monday it has formed a partnership with OCBC Bank to enable real-time bank payments for Singapore consumers and online retailers through peer-to-peer funds transfer service PayNow. According to Rapyd, PayNow will enable OCBC Bank customers to make digital payments using… Read More

Canadian Fintech Mogo Announces Merging Agreement With Difference Capital Financial

Canadian fintech Mogo Finance Technology announced on Monday it has signed a definitive arrangement agreement to merge itself with Difference Capital Financial Inc. Mogo reported that under the terms of the Arrangement Agreement, each common share of Mogo will be exchanged for one Difference common… Read More

University of Strathclyde Announces First Fintech Accelerator Program

The University of Strathclyde announced this week the launch of its new fintech accelerator program in collaboration with Strathclyde Business School. According to the University, the Strathclyde Entrepreneurial Network (SEN) accelerator programme encourages the development of early-stage innovation-driven fintech businesses. “Four groups of entrepreneurs will have access… Read More

Hong Kong Fintech gini Secures $1.6 Million Investment From Global Investors

gini, a Hong Kong-based fintech that specializes in smart spending-tracking, announced on Thursday it raised $1.6 million through its seed funding round, which involved participation from Mountain Partners, Treuenburg Group, Global Technology Alliance (GTA), Dr. Cornelius Boersch, the European Investment Fund (backed by EIB), and Hong Kong-based… Read More

Overfunding: UK Fintech Upgrade Pack Surpasses £500,000 Funding Target on Seedrs

UK-based fintech startup, Upgrade Pack, has successfully secured its initial £500,000 funding target on equity crowdfunding platform Seedrs. As previously reported, Upgrade Pack, which was founded last year, is described as a closed marketplace where airlines and hotels make discounted upgrades available to an exclusive… Read More

PINTEC-Backed Avatec to Participate in Indonesia’s Digital Financial Innovation Sandbox Program

Pintec Technology Holdings Ltd. (PINTEC; Nasdaq: PT), an independent platform enabling financial services in China, announced on Monday PT. Avatec Services Indonesia (Avatec Indonesia), a wholly-owned subsidiary of Avatec.ai (S) Pte. Ltd (Avatec), has been approved by the Indonesian regulator to be a credit scoring… Read More

U.S. Fintech Fundbox Announces Expansion: Opens New Dallas-Area Office to Support Growth

Fundbox, a cash flow optimization tool platform for small businesses, announced on Friday it has opened a new Dallas-area office in order to support its rapid growth. The company’s location will be in Plano, Texas. Founded in 2012, Fundbox claims it has built the first… Read More

Austria Fintech Bitpanda Receives Payment Service Provider License From Austrian Financial Market Authority

Vienna-based fintech Bitpanda announced on Thursday it received a payment service provider license issued by the Austrian financial market authority (FMA) in accordance with European law (PSD2). Founded in 2014, Bitpanda claims to be Europe’s leading retail broker for buying and selling Bitcoin, Ethereum, IOTA… Read More

Wells Fargo Launches New Tap-to-Pay Contactless Cards

Wells Fargo & Company (NYSE: WFC) announced on Thursday the launch its new contactless consumer credit and debit cards. According to Wells Fargo, the cards will allow customers to complete a transaction quickly with a single tap at millions of merchants, including transit systems, around… Read More

German Fintech FinLeap Announces Acquisition of Digital Business Banking Solution Penta

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Tuesday it has acquired digital business banking solution, Penta. According to FinLeap, Penta offers fast and easy business banking for digital companies. Penta, which counts over 5,500 digital businesses like AirHelp, bepro11, and Global Digital… Read More

Pundi X’s XWallet Surpasses 100,000 Registered Users

Blockchain developer Pundi X announced on Tuesday its digital asset wallet mobile app, XWallet, has surpassed 100,000 registered users just three months after it was launched. According to Pundi X, the XWallet mobile app connects regular digital asset wallets with the Pundi X blockchain-based payment… Read More

NatWest Set to Trial New Personal Finance Mobile App

UK banking group NatWest announced on Monday it is set to trial its new personal mobile app, Mimo. According to NatWest, Mimo has been designed to help customers save time, save money and enjoy financial peace of mind. It will help customers budget, remind them of… Read More

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