Tagged: fintech

April 12, 2020 @ 10:44 pm By Samantha Hurst  |  

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

April 12, 2020 @ 10:26 pm By Samantha Hurst  |  

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

April 10, 2020 @ 8:50 am By Samantha Hurst  |  

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

April 9, 2020 @ 11:11 am By Samantha Hurst  |  

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

April 8, 2020 @ 1:28 pm By Samantha Hurst  |  

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

April 8, 2020 @ 11:36 am By Samantha Hurst  |  

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

April 8, 2020 @ 9:24 am By Samantha Hurst  |  

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

April 6, 2020 @ 10:42 am By Samantha Hurst  |  

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

April 5, 2020 @ 10:18 pm By Samantha Hurst  |  

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

April 3, 2020 @ 2:29 pm By Samantha Hurst  |  

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

April 3, 2020 @ 8:08 am By Samantha Hurst  |  

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

April 1, 2020 @ 3:11 pm By Samantha Hurst  |  

U.S. fintech Plaid announced earlier this week it is now powering Microsoft’s Money in Excel experience. Plaid reported that Money in Excel features a Plaid integration and the capabilities essentially turn the spreadsheet software into a fintech app. Plaid also revealed that the new experience… Read More

April 1, 2020 @ 2:53 pm By Samantha Hurst  |  

U.S.-based fintech Dwolla announced on Tuesday it has appointed former PayScape President, Brady Harris, as its new CEO. According to Dwolla, Harris brings nearly 20 years of leadership in the payments and fintech space. Dwolla claims that during his time at PayScape, Harris had a… Read More

April 1, 2020 @ 9:21 am By Samantha Hurst  |  

Acuant, an identity verification solutions provider, announced on Tuesday it has finalized the acquisition of its former strategic partner, IdentityMind, a SaaS RegTech platform that builds, maintains and analyzes digital identities worldwide. As previously reported, IdentityMind helps users win the fight against fraud, money laundering,… Read More

April 1, 2020 @ 8:35 am By Samantha Hurst  |  

PaySafeCard, an Austria-based fintech that is part of the Paysafe Group, announced on Wednesday it has launched its services in Latvia. This launch comes just a couple of months after Paysafecash made its debut in Cyprus. As previously reported, PaySafeCard claims it has become a… Read More

March 30, 2020 @ 11:12 am By Samantha Hurst  |  

U.S. fintech Plaid recently announced it is now offering support to financial institutions in the Netherlands as well as opening a new office in Amsterdam. The company reported that the Netherlands is a hub for fintechs in Europe and is home to more than 400… Read More

March 30, 2020 @ 8:26 am By Samantha Hurst  |  

Sony Bank, a Japanese commercial banking group and a subsidiary of Sony Financial, a member of the Japanese electronics giant Sony,  announced on Monday the launch of its new “English Online Banking” services. According to Sony Bank, the new banking services will provide foreign residents in… Read More

March 30, 2020 @ 8:01 am By Samantha Hurst  |  

India-based banking group Icici Bank announced on Monday it has launched its banking services on WhatsApp in oder to enable retail customers to undertake in a “slew of banking requirements” from their home.  Anup Bagchi, Executive Director, ICICI Bank, stated that through WhatsApp, retail customers may… Read More

March 29, 2020 @ 10:37 pm By Samantha Hurst  |  

Challenger bank Tandem recently announced its continuous support its customers during the COVID-19 pandemic. The fintech reassured the customers that while the UK is social distancing and it as a company is working from home to ensure its employees’ safety, its customer support team is… Read More

March 29, 2020 @ 10:07 pm By Samantha Hurst  |  

MPower, a Zurich-based fintech startup, is set to close its equity crowdfunding campaign on Crowdcube with more than £350,000 in funding secured. The funding round, which originally sought to raise £300,000, has attracted nearly 320 Crowdcube investors.  As previously reported, MPower describes itself as an… Read More