Tagged: fintech

November 6, 2020 @ 3:09 pm By Samantha Hurst  |  

Figure Technologies, a lending platform that uses blockchain technology, announced on Friday it has applied for a U.S. national bank charter The fintech is now seeking the Office of Comptroller of the Currency’s approval to offer home equity loans and financing services across the U.S…. Read More

November 6, 2020 @ 2:46 pm By Samantha Hurst  |  

Dosh, an app that gives consumers cash back every time they shop at participating merchants, announced on Friday it has extended its partnership with mobile commerce tech company Button. Dosh reported that through the partnership it will integrate Button’s capabilities into its SDK to allow… Read More

November 6, 2020 @ 8:51 am By Samantha Hurst  |  

Paysend, a UK-based global payments platform, announced earlier this week it has reached the 2.5 million customer mark for its Global Transfers service. The company reached the 1.5 million mark in March, so 1 million customers have been welcomed during the COVID-19 pandemic. Founded in… Read More

November 6, 2020 @ 8:30 am By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Friday it has appointed Leigh Ramsden as its new Chief Financial Officer. According to Trulioo, Ramsden has more than 20 years of financial analysis and progressive leadership experience and will succeed Anne Lawlor, who will be… Read More

November 5, 2020 @ 4:02 pm By Samantha Hurst  |  

Luxembourg-based Nadifin Fintech Accelerator announced earlier this week its 2020 cohorts. According to Nadifin, more than 120 applications from all around the world were submitted and ten early-stage fintech companies were selected. Founded in 2019, the NadiFin Acceleration program is powered by MiddleGame Ventures and… Read More

November 5, 2020 @ 3:49 pm By Samantha Hurst  |  

German-based fintech startup Vivid Money announced on Thursday it secured €15 million through its Series A funding round, which was led by venture capital firm Ribbit Capital. The investment brings Vivid Money’s valuation to €100 million. Launched earlier this year, Vivid Money stated it offers… Read More

November 5, 2020 @ 2:47 pm By Samantha Hurst  |  

Global fintech infrastructure platform, Nium, announced on Thursday it has appointed Frederick Crosby as its new Chief Revenue Officer. The appointment comes less than two weeks after Nium it is expanding its services into Africa and the Middle East. According to Nium, Crosby has nearly… Read More

November 4, 2020 @ 1:02 pm By Samantha Hurst  |  

BlocPal, digital transaction platform, has teamed up with Indian entrepreneur Shashank Joshi to create a new India-based fintech startup, mBnk. According to the duo, mBnk will initially focus on allow premium retailer locations in both rural and semi-urban areas to provide essential financial and banking… Read More

November 3, 2020 @ 10:21 am By Samantha Hurst  |  

CORO, a U.S.-based gold payment app, announced on Tuesday it has received its money transmitter license in Alabama. The latest milestone comes just a little over a month after  CORO received its money transmitter license in Oregon. As previously reported, CORO has created a new… Read More

October 30, 2020 @ 9:05 am By Samantha Hurst  |  

Deutsche Bank announced on Friday it has named Nuggets as the winner of the 2020 Female FinTech Competition. Deutsche Bank noted that it ran the competition alongside Atos, Google Cloud, and TechQuartier. The competition invited fintech companies with a female founder or female(s) in the… Read More

October 29, 2020 @ 3:56 pm By Samantha Hurst  |  

Wise, a U.S.-based embedding banking startup, announced on Thursday it secured $12 million through its Series A funding round, which was led by e.ventures with participation from Grishin Robotics, and with continued investment from seed investors, Base10 Partners and Techstars. The latest investment comes just… Read More

October 29, 2020 @ 8:35 am By Samantha Hurst  |  

Remitter USA Inc., a U.S.-based AI-powered digital communications platform, announced on Thursday it has formed a new partnership with Alchemy Technologies (Alchemy), a fintech infrastructure development company.  Remitter reported that the partnership between it and Alchemy will further “streamline and automate” recovery efforts for creditors in the… Read More

October 28, 2020 @ 3:22 pm By Samantha Hurst  |  

  U.S. fintech Brex announced on Tuesday it has introduced new features tailored to solving the cash flow pain points of growing e-commerce businesses. According to Brex, the launch of instant payouts and e-commerce-specific rewards alleviate growth barriers faced by e-commerce companies and furthers the company’s… Read More

October 27, 2020 @ 3:40 pm By Samantha Hurst  |  

  Rapyd, a global B2B Fintech as a Service provider, announced on Tuesday it has extended its Asia-Pacific footprint by launching its “all-in-one” payment capabilities in South Korea. Rapyd teamed up with Korean payment service providers KCP, PayLetter, and others to provide access to South… Read More

October 27, 2020 @ 2:43 pm By Samantha Hurst  |  

Nium, a global financial technology infrastructure platform, announced on Tuesday it is expanding its services into Africa. According to Nium, the expansion will be led by newly appointed executive Dana Nino (Senior Vice President for Global Growth, Customer Success, and Partnerships) and will be supported… Read More

October 27, 2020 @ 12:36 pm By Samantha Hurst  |  

European fintech Viva Wallet announced on Tuesday it is bringing Google Pay to its customers in 11 countries. According to Viva Wallet, customers who use Android smartphones can now simply download the Google Pay app and add their Viva Wallet Mastercard card. “Once they have… Read More

October 26, 2020 @ 10:29 pm By Omar Faridi  |  

Indian regulatory authorities have introduced the framework for establishing a Fintech regulatory sandbox that will help local startups with experimenting or testing out their ideas in a live environment. The Fintech sandbox program will allow established industry participants and startups to work cooperatively in order… Read More

October 26, 2020 @ 8:34 am By Samantha Hurst  |  

PrimaryBid, an online funding platform that enables investors to gain access to placings of AIM-listed companies, it secured $50 million through its Series B investment round. According to PrimaryBid,  the investment follows a period of growth in 2020, which includes the platform offering retail investors… Read More

October 23, 2020 @ 10:28 am By Samantha Hurst  |  

Nordic challenger bank Lunar has reportedly secured €40 million through its Series C funding round. The latest round of funding comes just months after Lunar raised an additional €20 million through its extended Series B, bringing the funding round’s total amount to €46 million raised…. Read More

October 22, 2020 @ 10:54 pm By Samantha Hurst  |  

Financing small businesses lender StreetShares announced on Thursday it secured $10 million through its latest investment round, which involved funding from Motley Fool Ventures, Ally Ventures (the strategic investment arm of Ally Financial), and individual fintech angel investors. Founded in 2013, StreetShares describes itself as America’s… Read More