Tagged: fintech

Simplify Asset Management Set to Announce New Exchange-Traded Funds For Fintech, Pop Culture, RoboCar, & Cloud/Cybersecurity

Simplify Asset Management, a U.S.-based investment adviser, announced on Monday the launch of four exchange-traded funds (ETFs) for fintech, pop culture, robocar, cloud/cybersecurity. Founded earlier this year, Simplify was created to help advisors tackle pressing portfolio challenges with option-based strategies. “By accounting for real-world investor… Read More

Robocash Group Announces Buy Now, Pay Later Service “UnaPay” Launch in the Philippines

  Robocash Group, a Singapore-based fintech, announced on Tuesday it has expanded its Buy Now Pay service UnaPay in the Philippines. Founded in 2013, Robocash Group specializes in non-bank lending with a focus on consumer lending both online and offline and marketplace funding. “We provide a… Read More

South Korean Digital Asset Management Platform Haru Hits $100M Total Transaction Volume Milestone

  Haru, a South Korea-based digital asset management platform and a service brand name of Block Crafters, announced on Wednesday its total transaction volume has reached the $100 million milestone within 15 months of its official launch. Haru also revealed that its user number has… Read More

Overfunding: European Fintech Governance.com Quickly Surpasses €250,000 Funding Target Through Crowdcube Campaign

  Governance.com, a Luxembourg-based fintech that provides technology-enabled governance solutions, has successfully secured its initial €250,000 through its recently launched equity crowdfunding campaign on Crowdcube. The funding round has so far attracted nearly 225 Crowdcube investors. Founded in 2015 by twin brothers Bert and Rob… Read More

U.S. Insurtech NextCar Announces $400 Million Debt Facility & Strategic Partnership With Westlake Financial

  NextCar Holding Company Inc. (NXCR), a fintech and insurtech vehicle subscription platform, announced on Tuesday it has signed a letter of intent to form a partnership and receive a $400 million debt facility from Westlake Financial. NXCR reported that the $400 million debt facility… Read More

Pleo to Bring Google Pay Functionality to 13,000 European & UK Customers

Pleo, a Denmark-based fintech startup, recently announced it has launched Google Pay functionality for its more than 13,000 European and UK customers. According to Pleo, customers will be able to immediately benefit from Google’s seamless contactless payment method, giving employees increased flexibility when making business… Read More

IBM Announces Acquisition of Cloud Implementation Application Transformation & Managed Services Provider Nordcloud

    U.S.-based tech giant IBM Corp. (NYSE: IBM) announced on Tuesday it has acquired Nordcloud, a European cloud implementation, application transformation, and managed services provider. The acquisition comes just days after IBM announced it acquired Expertus Technologies Inc., a Canadian Fintech company that assists… Read More

Wirex Named Principal Member of Visa Network in Europe

    Digital payments platform Wirex announced on Tuesday it has been named a principal member of the Visa Network in Europe. The company revealed it previously completed Visa’s FinTech Fast Track Programme and as a principal member, it will be allowed to issue Visa cards… Read More

ABN Amro Mobile App Reaches One Billion Login Milestone

The Netherlands-based banking group ABN AMRO announce on Monday its mobile has hits one billion logins. ABN AMRO reported that on average, customers logged in 390 times and more than four out of five clients used the ABN AMRO app in 2020.  Speaking about the… Read More

Financial Aid-Focused Fintech Frank Reportedly Expands Help for Students Take Online Courses

Frank, a U.S.-based financial aid-focused fintech, is reportedly expanding its services to help students take online classes through its new service, called Classfinder. As previously reported, Frank was founded by fintech entrepreneur Charlie Javice and provides “smart, simple financial aid.” “We are revolutionizing financial aid… Read More

Update: UK Fintech Paysme Set to Close Seedrs Campaign With Nearly £300,000 Raised

Paysme, a UK-based fintech mobile app, is set to close its equity crowdfunding campaign on Seedrs with nearly £300,000 raised from 165 Seedrs investors. As previously reported, Paysme describes itself as a super app delivering financial services to underserved small business communities to accelerate their… Read More

U.S. Fintech RateGenius Surpasses $8.5 Billion in Refinanced Auto Loans

RateGenius, a U.S.-based fintech company with a proprietary consumer-lending platform, announced on Friday it has funded approximately $8.5 billion in auto loans. RateGenius reported that nearly $1 billion of those loans were dispersed in 2020, even though 85% of the company’s team worked remotely for much… Read More

 Razer Fintech Teams Up With Rely to Launch Buy Now Pay Later Services in Southeast Asia to Merchants Registered Under Razer Merchant Service

  Razer Fintech, the fintech arm of Razer announced on Thursday it has joined forces with Rely, a Buy Now Pay Later (BNPL) service provider, to offer BNPL services in Southeast Asia to merchants registered under Razer Merchant Services (RMS), its B2B (business-to-business) solution. According… Read More

Rapyd Announces Expansion of American Leadership Team; Appoints LeAnne Hoang as Chief Risk and Compliance Officer & Robert MacColl as Head of Network Partnerships

B2B fintech-as-a-service provider Rapyd announced on Thursday it has expanded its American leadership team by appointing LeAnne Hoang as Chief Risk and Compliance Officer and Robert MacColl as Head of Network Partnerships. According to Rapyd, Hoang brings a wealth of regulatory and compliance knowledge to… Read More

Global Payments Network Veem Announces Multi-Rail Payment Technology Enhancements

  Global payments platform Veem announced on Wednesday core enhancements to its domestic and international routing technology. According to Veem, the enhancements will improve the way businesses pay and get paid within the U.S. and around the world. “Veem’s expansion of its multi-rail technology capabilities… Read More

UK Buy Now Pay Later Fintech Zilch Raises $30 Million Through Pre-Series B Round; Company Sees Customers Quadruple

  Zilch, a UK-based buy now, pay later fintech, announced on Wednesday it secured $30 million through its oversubscribed pre Series B in less than three weeks. The latest funding round comes just a few months after Zilch raised $10 million.  As previously reported, Zilch… Read More

Canadian Fintech Neo Financial Scores $50 Million Through Series A Investment Round & Debt Financing

  Canadian fintech Neo Financial announced on Wednesday it raised $50 million between its Series A investment and debt financing. The funding round was led by Valar Ventures with participation from Tobi Lutke, the CEO and founder of Shopify; Golden Ventures; Inovia Capital; Thomvest; Afore… Read More

Plaid Announces New Partnership With Curve

  U.S. fintech Plaid announced on Wednesday it has formed a new partnership with fellow fintech Curve. According to Plaid, the partnership was created to help give people in the UK a “holistic view” of their money, make the most of their spending, as well… Read More

U.S. Fintech Self Financial Secures $40 Million Through Series D Funding Round Led By Meritech Capital

U.S. fintech Self Financial announced on Tuesday it secured $40 million through its Series D investment round, which was led by Meritech Capital with participation from  Altos Ventures, Conductive Ventures, and Silverton Partners. According to Self, the investment round brings its total funds to $77 million and comes… Read More

Mexico-Based Fintech Mozper Secures $3.55 Million Through Seed Funding Round Led By Hetz Ventures

  Mozper, a Mexico-based debit card and mobile app designed for kids and parents in Latin America, announced on Monday it secured $3.55 million through its latest seed funding round, which was led by Hetz Ventures with participation from F-Prime Capital, Foundation Capital, Secocha Ventures and previous investors Dux… Read More

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