Tagged: fintech

August 10, 2020 @ 2:17 pm By Samantha Hurst  |  

Falls Fintech, the fintech accelerator founded by Central Payments, announced on Monday the commencement of its fall cohort, operating virtually from August 10 to October 30, 2020. According to the program’s officials, Cohort 2 includes a pair of new initiatives from the accelerator. For the… Read More

August 10, 2020 @ 12:17 pm By Samantha Hurst  |  

Invest Hong Kong (InvestHK) announced on Monday its new Global Fast Track Program, which is a business-driven program within Hong Kong Fintech Week (HKFW). According to InvestHK, the Fast Track program plugs fintech enterprises directly into Hong Kong’s diverse ecosystem of world-class regulators, business leaders,… Read More

August 10, 2020 @ 11:10 am By Samantha Hurst  |  

Billtrust, a fintech firm focused on B2B payment cycle management, announced on Monday the launch of its Business Payments Network (BPN) 3.0, which offers support for ACH and wire. According to Billtrust, the new version gives network participants the “flexibility” to automatically transact through the… Read More

August 9, 2020 @ 10:45 pm By Samantha Hurst  |  

Rellevate, a U.S.-based digital fintech that is aimed at facilitating access to consumer financial services for middle and lower-income Americans, recently announced the launch of its consumer financial services platform. Founded in 2019, Rellevate describes itself as a financial services company dedicated to empowering consumers… Read More

August 6, 2020 @ 9:08 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, is seeking to raise between £100 million and £120 million through its Series C round, Sifted reports.  Founded in 2015, Curve is on a mission to simplify… Read More

August 5, 2020 @ 4:08 pm By Samantha Hurst  |  

Indonesia-based fintech Ayoconnect announced on Wednesday it raised $5 million through its pre-Series B financing round, which included participation from BRI Ventures, Tokyo Exchange-listed internet company Kakaku.com, Inc., and Brama one Ventures. Existing investors that also participated in the round were Finch Capital and Amand… Read More

August 5, 2020 @ 2:39 pm By Samantha Hurst  |  

Global payroll provider CloudPay announced on Tuesday it has raised $35 million in growth capital. The company reported that its new investor Runway Growth Capital joined existing investors Rho Ventures and Pinnacle Investment Partners to support scaling the business as it prepares to bring new… Read More

August 4, 2020 @ 1:09 pm By Samantha Hurst  |  

Mastercard recently announced it has partnered with Bank of Shanghai to enable better cross-border business payments in China. Mastercard reported that with its cross-border services, businesses will be able to transfer funds to local banks in China. The service will also reduce transaction costs and… Read More

August 4, 2020 @ 11:47 am By Samantha Hurst  |  

European fintech Viva Wallet announced on Tuesday it has officially acquired the banking license of Praxia Bank after the completion of the share purchase agreement between AMC Oak (Shareholder) and Viva Wallet Holdings (purchaser). Viva Wallet reported that the banking license will allow it to… Read More

July 30, 2020 @ 9:42 pm By Samantha Hurst  |  

RealPage, Inc. (NASDAQ: RP), a global provider of software and data analytics to the real estate industry, announced on Thursday it has launched online vendor payments, which are automating the entire vendor payment process from procurement to purchase order, invoice processing, and payment. According to… Read More

July 29, 2020 @ 10:16 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has formed a partnership with global identity verification provider, Onfido, to speed up, simplify, and unify its Digital Identity and Know Your Customer (KYC) processes. “By integrating… Read More

July 29, 2020 @ 9:14 am By Samantha Hurst  |  

Niyo, India-based neo banking startup, announced on Wednesday it has acquired Goalwise, a wealthtech platform. Niyo reported that the acquisition is in line with its goal of building a comprehensive product suite for its users. “Apart from the DIY zero percent commission mutual fund product… Read More

July 28, 2020 @ 3:47 pm By Samantha Hurst  |  

Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Tuesday that  J.P. Morgan will be using its card tokenization capabilities for the financial giant’s virtual card program. According to Marqeta, the new functionality, which is anticipated to… Read More

July 28, 2020 @ 1:15 pm By Samantha Hurst  |  

UK-based challenger bank Tide has teamed up with UK fintech DueDil to further improve its account opening experience. The partnership will reportedly see Tide using DueDil’s company intelligence platform, providing insights on over 50 million companies worldwide, to speed up mandatory Know Your Customer (KYC)… Read More

July 28, 2020 @ 10:38 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has appointed former PayPal executive, Scott Weller, as its first CFO.  According to AltFi, Weller has worked across the U.S., Asia, and Europe. He also was previously… Read More

July 28, 2020 @ 9:38 am By Samantha Hurst  |  

True Link Financial, a U.S.-based fintech that is focused on financial services among senior citizens, people with disabilities, and recovered addicts, announced on Tuesday it secured $35 million through its Series B funding round, which was led by Khosla Ventures and Centana Growth Partners. Founded… Read More

July 27, 2020 @ 9:17 am By Samantha Hurst  |  

European fintech Viva Wallet announced on Sunday it has joined forces with e-commerce platform WooCommerce to launch a free Pan-European native payments gateway solution. Viva Wallet claimed that Viva Wallet for WooCommerce is the only continuously expanding smart payment plugin addressing the needs of online… Read More

July 22, 2020 @ 4:03 pm By Samantha Hurst  |  

  Digital-only bank platform N26 announced earlier this week it has formed a new partnership with global sports brand Adidas to bring its customers perks on their next sportswear purchase. N26 revealed that its customers will receive a one-time perk on all regular items purchased… Read More

July 21, 2020 @ 2:39 pm By Samantha Hurst  |  

Funding Societies, one of the largest peer-to-peer (P2P) lending platforms in Southeast Asia, announced on Tuesday it was named the winner of a Silver Stevie Award last week in the Innovation in Technology category in the seventh annual Asia-Pacific Stevie Awards. The online lender claims… Read More

July 21, 2020 @ 2:13 pm By Samantha Hurst  |  

Nexsys Technologies, a U.S.-based fintech company that provides a suite of essential tech solutions for mortgage origination and closing, announced on Tuesday it has formed a partnership with insurtech Lemonade to simplify the homeowners’ insurance verification process by using Nexsys’ Clear HOI. Nexsys reported that… Read More