Tagged: fintech

U.S. Fintech Salaryo Secures $5.5 Million Through Latest Funding round Led By Ruby Ventures

Salaryo, a U.S.-based fintech platform for freelancers and startups, announced on Wednesday it raised $5.5 million in new funding from Ruby Ventures and Michael Ullmann’s investment group, bringing the total funding to $6.3 million.  Founded in 2017, the company provides security deposit financing for new coworking office members and… Read More

AvidXchange Set to Acquire Accounting Solutions Provider BankTEL

Fintech

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday it is set to acquire accounting solutions provider, BankTEL. AvidXchange reported that as one of its companies BankTEL will be able to offer its clients access to… Read More

U.S. Fintech Bond Secures $10 Million Through Seed Round Led By Canaan

Bond Financial Technologies Inc., a U.S.-based fintech platform, announced on Tuesday it raised $10 million through its seed funding round, which was led by Canaan with participation from  Coatue and angel investors including Sarah Friar, Steve Frieberg, Ryan Peterson, and Eric Yuan.  Bond described itself… Read More

Milestone: Canadian Fintech iCASH Surpasses $100 Million in Consumer Loans Funded

iCASH, a Canada-based fintech platform, announced on Thursday after three years of lending operations, it has surpassed $100 million in consumer loans. Launched in 2016, iCASH stated it is focused on helping Canadian consumers “address their cash flow needs” by paying more attention to their… Read More

Switzerland’s Numbrs Secures $40 Million Through Latest Investment Round; Named Fintech Unicorn After Being Valued At More Than $1 Billion

Numbrs, a Switzerland-based fintech, announced this week it has secured $40 million through latest investment round. With the latest round of funding, the company is now valued at more than $1 billion and has been dubbed a Swiss Fintech Unicorn. Numbrs describes itself as a… Read More

Loan Origination AI Platform Blooma Secures $2.75 Million Through Seed Funding Round Led By Floodgate

Blooma, a U.S.-based loan origination AI platform, announced earlier this week it secured $2.75 million through its seed funding round, which was led by Floodgate with participation from Abstract Ventures, Crescent Ridge Partners and Serra Ventures. Blooma reported that it launched its first production module… Read More

Bankex Launches MainWallet Commission System

Global fintech BANKEX announced on Tuesday the launch of the alpha version of MainWallet Commission System. This news comes just after the MainWallet test launch group passes the 10,000 user mark. According to Bankex, the objective of the MainWallet Commission System is to stand out… Read More

Jennifer Lopez & Alex Rodriguez Now Investing in Acorns

Music sensation Jennifer Lopez and her finance/former professional baseball player Alex Rodiguez have invested in micro-investing mobile app, Acorns, according to the Wall Street Journal. The duo will notably join Ashton Kutcher, Bono, and Kevin Durand as fellow investors of the fintech startup. As previously… Read More

Wirecard Announces Fast Track PSD2 Onboading Through Financial Commerce Platform

Germany-based global provider of digital payments and commerce solutions Wirecard announced it automatically offering all new customers a fast track to PSD2 onboarding through its digital Financial Commerce Platform. “From 14 September 2019, new rules will apply in the European Union that stipulate that every online… Read More

Lendable Announces New CIO & COO

Kenya-based Fintech platform Lendable announced on Thursday it has welcome Hani Ibrahim as its new Chief Investment Officer and Des Denning as its new Chief Operating Officer, as well as the company’s new Chief Financial Officer. According to Lendable, Hani will oversee Lendable’s investment strategy and… Read More

Accenture Set to Acquire Australian Analytics & Data Specialist Analytics8

Accenture (NYSE: ACN) announced on Thursday it has entered into an agreement to acquire Analytics8, a privately held Australian big data and analytics consultancy that specializes in data management, reporting, and visualization, data science and analytics services. According to Accenture, Analytics8 provides data and analytics… Read More

Wirecard Launches New Grab & Go Prototype to Offer New Shopping Experience Through AI

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday the launch of its new Grab & Go Store prototype. According to Wirecard, the store offers an entirely new shopping experience through AI. “Consumers enter the store via smartphone, pick products which are… Read More

German Fintech Finleap Announces New Business Unit “Finleap Connect”

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Wednesday the launch of its new business unit, FinLeap Connect. According to FinLeap, the fintech platforms finreach solutions and infinitec solutions will become part of this business unit. “The finleap connect brand will unite finleap’s… Read More

UK Fintech Delio Secures £3 Million in Venture Capital to Continue International Growth

UK-based fintech Delio announced on Tuesday it secured £3 million in venture capital to continue increasing its presence across Asia, the Middle East, and North America. As previously reported, Delio describes itself as a complete white-label platform solution for private assets, helping financial institutions and… Read More

SaaS Platform Attentive Secures $40 Million Through Series B Investment Round Led By Sequoia

Attentive, a personalized mobile messaging SaaS platform for brands, announced on Monday it has raised a $40 million Series B investment. The funding round was led by Sequoia with participation from existing investors Bain Capital Ventures, Eniac Ventures and NextView Ventures, and new investors IVP… Read More

The Canada Fintech Forum Returns to Showcase New Global Trends for Fintechs

The Canada Fintech Forum, a fintech event that is being held in Montréal, is set to host its seventh edition of showcasing the global trends of the fintech industry, as well as new applications of technology for the financial industry, and growing FinTech start-ups. “The… Read More

SuperMoney Milestone: Fintech Startup Surpasses $2 Billion in Loan Requests

U.S. fintech startup SuperMoney announced on Monday its multi-lending marketplace platform has surpassed $2 billion in loan requests. This news comes less than a year after SuperMoney announced it processed more than $1 billion in loan requests. As previously reported, SuperMoney offers what it claims to… Read More

Royal Bank of Canada Launches New Mobile Banking Experience For Students

Royal Bank of Canada (RBC) announced on Wednesday the launch of its new mobile banking experience that is specifically for students. The RBC Mobile Student Edition was notably designed in collaboration with students to enable features that matter most to them. “The Student Edition hones… Read More

Robinhood Receives FCA Authorization to Operate in the UK; Appoints Wander Rutgers As President

U.S. fintech Robinhood announced on Wednesday it received authorization from the Financial Conduct Authority (FCA) to operate as a broker in the UK. According to Robinhood, the authorization will enable us to bring its investing platform to customers in the UK and is a “critical… Read More

Following €43.6 Million IEO, Bitpanda Launches Global Digital Asset Exchange

Austria-based fintech Bitpanda announced on Wednesday it is set to launch its new global digital asset exchange. This news comes just after the company raised €43.6 million through its Initial Exchange Offering (IEO). As previously reported, Bitpanda claims to be Europe’s leading retail broker for… Read More

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