Tagged: fintech

October 15, 2021 @ 3:53 pm By Tony Zerucha  |  

Data and artificial intelligence company Databricks has become a gold partner in FinTech Australia’s corporate partnership program, the agency announced this week. It joins other major technology companies such as Facebook, Google, Amazon Web Services (AWS) and Xero, all of whom have become members in… Read More

October 15, 2021 @ 1:30 pm By Tony Zerucha  |  

Singaporean Fintech Thunes, a provider of global cross-border payments, this week announced instant cross-border bank payments to Russia. The partnership will allow Thunes’ customers to make payments to any of Russia’s business and consumer bank accounts in near-real-time, the company said.  In 2019, the combined… Read More

October 12, 2021 @ 4:56 pm By Tony Zerucha  |  

Blue Motor Finance and digital payment provider Banked have teamed up to simplify the payment process for the former’s customers, the companies announced this week. Banked customers can now pay directly using their online banking app. It can be integrated with existing payment capabilities for… Read More

October 2, 2021 @ 9:16 am By Tony Zerucha  |  

UK-based money app Ziglu this week its £1 million crowdfund oversubscribed in 81 minutes, beating its previous record of three hours. The campaign was launched on Seedrs, an equity crowdfunding platform. Ziglu is raising equity capital at a pre-money valuation of £85 million. Ziglu’s previous… Read More

September 24, 2021 @ 3:43 pm By Tony Zerucha  |  

Plastiq, a smart payments platform for SMBs, this week announced the appointment of Kerry Hatch as its new president and board member. Hatch will play a key role in accelerating the growth of the business by leading the product, engineering, talent, operations, business development, and go-to-market functions at… Read More

September 17, 2021 @ 6:39 pm By Tony Zerucha  |  

Fintech solutions provider Broctagon Fintech Group this week launched WorldBook, which it describes as a global crypto movement focused on solving key liquidity issues plaguing the industry. WorldBook is an STP (straight-through processing) network with an aggregated liquidity pool. It aims to introduce a universal… Read More

September 15, 2021 @ 5:46 pm By Tony Zerucha  |  

iComply Investor Services, a global compliance software provider, has appointed Paul Childerhose, a recognized leader in the Canadian regtech industry, to its advisory board. Childerhose has more than 20 years of experience in the Canadian financial services sector and serves on the board of the… Read More

September 15, 2021 @ 3:03 pm By Tony Zerucha  |  

Russian fintech Tinkoff has launched Tinkoff Private, a new offering geared to affluent customers. It is a digital private banking service combining a range of actions for the HNWI segment that is now available in the Tinkoff and Tinkoff Investments apps. Tinkoff Private creates a… Read More

September 15, 2021 @ 6:26 am By Tony Zerucha  |  

Welcome Tech, a digital platform serving immigrant families in the U.S., today announced the addition of Daniel Ayala as executive vice president, managing director of Financial Services. His hire comes as the digital bank mobile app PODERcard surpassed 500,000 downloads this year. Welcome Tech has… Read More

September 14, 2021 @ 4:22 pm By Tony Zerucha  |  

Banking software company Temenos this week announced the availability of Temenos Transact next-generation core banking with Red Hat OpenShift on IBM Cloud, to accelerate hybrid cloud adoption within the financial services industry.  Temenos Transact helps banks adopt a cloud strategy for their core banking systems… Read More

September 12, 2021 @ 10:27 am By Tony Zerucha  |  

Fraud prevention company SEON is partnering with GBG APAC, a digital identity services provider, to strengthen online fraud prevention for banks, Fintechs, and digital banks across the Asia Pacific region. SEON’s technology is fully integrated into the GBG Intelligence Centre and the alliance will combine… Read More

September 4, 2021 @ 2:43 pm By Tony Zerucha  |  

A look at the projects which have raised at least $1 million on crowdfunding platform Republic provides good insight into our collective psyche and how our consumption has been affected by the COVID-19 pandemic. Topping the list is Digital Eclipse, which taps into our needs… Read More

September 3, 2021 @ 8:36 pm By Tony Zerucha  |  

Neobank Fi announced this week it is one of the first fintech companies to adopt the Reserve Bank of India’s (RBI) Account Aggregator (AA) framework.  According to the regulations, companies must first obtain an RBI certificate of registration before operating as an account aggregator. Every… Read More

August 24, 2021 @ 3:56 pm By Tony Zerucha  |  

Bimp’s new platform blends game streaming, cryptocurrency, and DeFi into one ecosystem. Launched this July, Bimp is a cryptocurrency project which includes smart contracts, non-rugpull  features, a daily BNB claim reward system and NFT money backed by real tokens According to Newzoo, a gaming and… Read More

August 19, 2021 @ 11:28 am By Tony Zerucha  |  

South African cryptocurrency exchange OVEX, which specializes in over-the-counter (OTC) trading, this week announced a partnership with P2P Fintech Paxful. As part of the agreement, Paxful’s customers will be able to utilize OVEX’s Direct Transfer to Bank mechanism, which allows them to instantly convert their… Read More

August 11, 2021 @ 7:19 pm By Tony Zerucha  |  

A new Omdia whitepaper commissioned by fintech solutions provider CR2 discusses the rise of digital wallets and their influence on the unbanked and underbanked and offers recommendations on how incumbent banks can embrace digital wallets to engage with new and existing customers. It cites key… Read More

August 4, 2021 @ 9:11 pm By Priyanka Pani  |  

Indian Fintech BharatPe has turned into a Unicorn after raising around $370 million in Series E from Tiger Global, Dragoneer Investor Group, and Steadfast Capital at a $2,85 valuation. The New Delhi-based startup has become the 19th Indian startup to achieve a Unicorn status this… Read More

July 19, 2021 @ 10:13 pm By Priyanka Pani  |  

Capital India, a financial conglomerate, has invested USD 25 million in a mix of equity & debt in Credenc, a fintech-focused on education loans. With this investment, Credenc is looking to build a loan book of $400 million by 2025.  The New Delhi-based Credenc, founded… Read More

July 12, 2021 @ 11:45 pm By Priyanka Pani  |  

Indian neo-banking startup StashFin is betting big in the credit-starved nation with its innovative ‘credit line’ cards that could disrupt the digital lending ecosystem of the country. The fintech, which raised $40 million in Series B from a clutch of global investors in April this… Read More

July 8, 2021 @ 7:41 pm By Priyanka Pani  |  

Vietnam is the latest among smaller nations to have joined the crypto bandwagon as the country is developing a strategy towards having a digital government. In the last few weeks, countries such as El Salvador, Portugal, and Philipinnes have introduced regulations around cryptocurrencies. Vietnam’s Prime… Read More