Tagged: fintech

U.S. Fintech HouseCanary’s Latest Review Confirms: U.S. Housing Sees First Signs of Decline Since COVID-19 Began

HouseCanary, a U.S.-based fintech firm focused on providing a real estate analytics solution, announced on Wednesday it has reviewed 41 states with the highest listing and transaction volume in the weeks since the COVID-19 pandemic hit the U.S. economy. According to HouseCanary, potential homebuyers were… Read More

Fintech Incubator and Accelerator F10 Announces the 12 Startups Selected For Scaleup Program’s First Batch

Switzerland based Fintech Incubator & Accelerator F10 announced on Tuesday 12 startups that have been selected for the first Batch of the Scaleup Program. According to the accelerator, more than 80 teams with market traction and revenue generation from various countries had applied to become… Read More

IBM Joins Forces With Fenergo to Tackle Financial Crime

Ireland-based fintech Fenergo announced on Tuesday it has joined forces with IBM (NYSE: IBM)  to fight financial crime. The duo signed an original equipment manufacturing (OEM) agreement that will allow the companies to collaborate on solutions that can help clients address the multitude of financial risks they… Read More

Global Fintech Rapyd Announces Acquisition of Payment Card Service Provider Korta

Fintech

Rapyd, a global B2B Fintech as a Service provider, announced on Monday it is set to acquire Korta, an Iceland-based payment card service provider. Rapyd reported the acquisition provides Rapyd with online acquiring and point-of-sale (POS) capabilities as the company grows its worldwide footprint.  While… Read More

Tink Announces New Partnership With Sweden-Based Payments Platform Kivra

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Friday it has joined forces with digital mailbox provider Kivra to make it “easier” to pay bills and invoices. According to Tink,  Kivra’s digital mailbox to more than 3.7 million users… Read More

Stripe Announces Extension of Series G Funding Round; Now Raising An Additional $600 Million

Payments platform Stripe announced on Thursday the extension of its Series G funding round. The company reported it is raising an additional $600 million from investors, which includes Andreessen Horowitz, General Catalyst, GV, and Sequoia. Founded in 2010, Stripe describes itself as a technology company… Read More

Australian Fintech Airwallex Secures $160 Million Through Series D Funding Round; Bring Total Equity Raised to $360 Million

Airwallex, an Australia-based fintech company, announced on Thursday it secured $160 million through its Series D funding round from various investors, such as ANZi Ventures, Salesforce Ventures, DST Global, Tencent, Sequoia Capital China, Hillhouse Capital, and Horizons Ventures. The latest funding brings Airwallex’s total equity… Read More

Tide Announces New Invoice Protection Product Partnership With Insurance Solutions Provider Hokodo to Help SMEs During COVID-19 Pandemic

UK-based challenger bank Tide announced on Thursday it has teamed up with insurance solutions provider Hokodo to launch new invoice protection product for SMEs during the COVID-19 pandemic. According to the duo, this new Invoice Protection product will members to protect their businesses and will… Read More

FinTech Australia Partners With Tier One People To Launch Talent Marketplace for Australian Fintechs

FinTech Australia announced on Tuesday it has teamed up with Tier One People to launch a new talent marketplace specifically for Australian fintechs. According to the organization, this new marketplace will run through LinkedIn Groups and aims to connect candidates with prospective employers and help… Read More

Fintech Open Source Foundation Joins Linux Foundation

Fintech

The Linux Foundation, a nonprofit organization enabling mass innovation through open collaboration, announced on Friday that Fintech Open Source Foundation (FINOS), a nonprofit whose mission is to accelerate the adoption of open-source software, standards and best practices in financial services, has become an official Linux Foundation organization…. Read More

UK Fintech GeoDB to Close Seedrs Round With More Than £1.37 Million in Funding

UK fintech GeoDB is officially set to close its equity crowdfunding campaign on Seedrs with more than £1.37 million raised from 765 Seedrs investors. The company launched the funding round last month and quickly secured its initial £1 million funding target.  The latest crowdfunding initiative… Read More

U.S. Fintech MoonPay Appoints Nils Puhlmannn as Security Advisor

MoonPay, a U.S. fintech company that builds develop tools for fiat-to-crypto connectivity, announced on Thursday it has appointed Nils Puhlmann as its new security advisor. According to his Linkedin profile, Puhlmann has held various positions in the cybersecurity industry, including being named Chief Trust and … Read More

U.S. Bitcoin Shopping App Fold Joins Visa Fast Track Program to Issue Credit Card Offering Bitcoin Rewards

Fold, a U.S.-based mobile app that allows consumers to earn bitcoin while shopping, announced it has joined Visa’s Fast Track program in order to speed up the process of integrating with the credit card giant. Fold revealed that by joining the program it is now… Read More

Alipay Launches Series of Initiatives to Support Small Businesses in Wuhan Following Lockdown Lift

Alipay, a digital lifestyle platform operated by Ant Financial Services Group, announced on Wednesday it has launched a series of initiatives to support small businesses in Wuhan as the city lifts the COVID-19 pandemic lockdown. The platform reported it has set up a special section,… Read More

Banking & Payments API Platform Sila Secures $7.7 Million Through Seed Funding Round Co-Led By Madrona Venture Group & Oregon Venture Fund

Sila, a U.S.-based banking and payments API platform, announced on Wednesday it secured $7.7 million through its seed funding round, which was co-led by venture capital firms Madrona Venture Group and Oregon Venture Fund, with participation from Mucker Capital, 99 Tartans, Taavet Kinrikus, CEO & Co-founder of Transferwise, as… Read More

Bitpanda Announces Investment & Partnership With Speedinvest to Continue Global Expansion

Austria-based digital asset exchange Bitpanda announced on Wednesday its expansion plans as part of its first institutional investment, led by early-stage venture capital fund Speedinvest. The company reported that the undisclosed funding round amount will allow it to increase the number of available digital and… Read More

UK Fintech Chip Appoints Philip Wright As New CFO

UK-based fintech Chip announced on Monday it has appointed Philip Wright as its new CFO. Chip reported that prior to joining its team, Philip was the CFO at Auto Service Finance and Babylon Health. He also leadership roles at Funding Circle (Interim Financial Operations Director)… Read More

Update: GeoDB’s Equity Crowdfunding Initiative Raises More Than £1.3 Million During the Final Days on Seedrs

UK fintech GeoDB has successfully secured more than £1.3 million through its equity crowdfunding campaign on Seedrs. The funding round, which was launched last month with a mission to raise £1 million, has attracted over 600 Seedrs investors. GeoDB is now offering 6.25% in equity… Read More

Accenture Announces Acquisition of B2B Marketing Service Agency Yesler

Accenture (NYSE) announced on Thursday it has acquired Yesler, a B2B marketing service agency. This latest acquisition comes less than a month after Accenture acquired ESR Labs, a Munich-based company that develops embedded software for German car brands and suppliers, and Mudano, which is a… Read More

Nordic Challenger Bank Lunar Secures €46 Million in Total Funding Through Extended Series B Investment Round Led By Seed Capital Denmark

Nordic challenger bank Lunar announced on Friday it secured an additional €20 million through its extended Series B, bringing the funding round’s total amount to €46 million raised. Seed Capital Denmark reportedly led the investment round with participation from Greyhound, Socii, and Augustinus. Founded in 2015,… Read More

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