Tagged: fintech

February 6, 2020 @ 8:08 am By Samantha Hurst  |  

Rimilia, a UK-based SaaS fintech, announced earlier this week it raised $15 million through its latest investment round, which saw participation from Eight Roads Ventures and Kennet Partners, and Silicon Valley Bank. The company, which was founded in 2008, revealed it provides intelligent, finance automation… Read More

February 5, 2020 @ 1:59 pm By Samantha Hurst  |  

Xinja Bank, an Australia-based neobank, has reportedly hit $100 million in deposits and has attracted 15,000 customers to its platform in just three weeks. According to Xinja, customers are taking advantage of its new ‘Stash’ digital bank account and 2.25% savings rate. According to iTWire,… Read More

February 5, 2020 @ 9:49 am By Samantha Hurst  |  

Digital consumer lending platform Avant announced on Wednesday the completion of its planned spin-off of Amount, which is described as a SaaS technology business that enables financial institutions to digitize their product offering. Avant reported that the spin-off “empowers” both companies to effectively maximize capital and… Read More

February 5, 2020 @ 8:33 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions announced on Wednesday it has appointed its Senior Vice President, Global Sales, Marketing and Client, Chris Perry, as its new President. According to Broadridge, Perry is assuming the title of President from Broadridge’s CEO Tim Gokey, who remains CEO and… Read More

February 4, 2020 @ 10:36 am By Samantha Hurst  |  

Dublin City University announced on Tuesday it is teaming up with online learning platform FutureLearn to launch a new online accredit short course on fintech. The University revealed that the online course was developed by its business school and it is aimed at professionals who… Read More

February 4, 2020 @ 8:35 am By Samantha Hurst  |  

Singapore-based ride-hailing company Grab announced on Tuesday it is set to acquire Bento Invest Pte Ltd, a Singapore-based robot-advisory startup. Grab reported that with the acquisition, Bento will be rebranded to GrabInvest, which will be a new core business vertical under Grab’s financial services arm,… Read More

February 4, 2020 @ 7:37 am By Samantha Hurst  |  

Finix, a payments infrastructure platform based in the U.S., announced on Tuesday it secured $35 million through its Series B funding round, which was led by Sequoia Capital with participation from Acrew Capital, Bain Capital Ventures, Activant Capital, and Inspired Capital. The funding round comes… Read More

February 3, 2020 @ 3:05 pm By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Monday it has appointed Lisa Stanton to its board of directors. Trulioo reported that  Stanton is currently an executive at American Express and will help guide the identity verification provider along its mission to “verify the… Read More

February 3, 2020 @ 1:32 pm By Samantha Hurst  |  

Germany-based banking group Varengold Bank announced on Monday it has opened its new fintech hub in Berlin. According to Board of Managing Directors member, Frank Otten, the new hub will “add value” for the Varengold Bank’s current customers in Berlin because the bank will provide… Read More

January 31, 2020 @ 10:25 am By Samantha Hurst  |  

Finland-based banking group Nordea Bank announced on Thursday it has appointed Virgin Money’s CFO Ian Smith as its new CFO and Head of Group Finance. According to Nordea, Smith has an extensive background in the financial services sector in the UK and has held senior… Read More

January 31, 2020 @ 10:15 am By Samantha Hurst  |  

UK-based challenger bank Monzo announced earlier this week it has up’ed its security measures by upgrading its 3D Secure feature, which is a payment standard that aims to reduce e-commerce fraud by adding two-factor authentication to online transactions. The upgraded version of 3D Secure will… Read More

January 31, 2020 @ 8:46 am By Samantha Hurst  |  

Citi announced on Thursday the launch of its new tool Citi Wealth Builder, which is described as a digital investing platform with professionally managed portfolios that, in a matter of minutes, helps new and existing customers get on track and stay on track to meet… Read More

January 29, 2020 @ 1:56 pm By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions announced on Wednesday of a new forecasting module within its revenue and expense management platform. According to Broadridge, the revenue and expense management solution tracks and calculates fees across a variety of complex workflows and helps asset managers and other financial services… Read More

January 29, 2020 @ 10:03 am By Samantha Hurst  |  

UK consumer banking group Barclays announced earlier this week the ten Fintech-focused startups that will join the 2020 London Barclays Accelerator, powered by Techstars. This is reportedly Barclays’ seventh accelerator class since the program’s establishment in 2014 and the participating companies notably span across a… Read More

January 29, 2020 @ 9:53 am By Samantha Hurst  |  

UK-based fintech Flux announced on Wednesday it has named UK consumer banking group Barclays its first strategic investment partner. Flux reported that Barclays has been a long-time supporter of its platform and has been involved with the company since 2017 when its executives joined the… Read More

January 28, 2020 @ 11:50 am By Samantha Hurst  |  

University of Toronto School of Continuing Studies (SCS) announced on Tuesday it has joined forces with Trilogy Education, a 2U, Inc. brand and leading workforce accelerator, to launch a fintech boot camp in the city. According to the school, the University of Toronto SCS FinTech Boot… Read More

January 28, 2020 @ 9:48 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Tuesday it is bringing Apple Pay to its customers across Europe. The company reported that with Apple Pay, customers may make purchases on iPhone, Apple… Read More

January 27, 2020 @ 10:37 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions announced on Monday it has appointed Michael Alexander as its President of Wealth Management. Broadridge reported that in this nearly created position Alexander will be responsible for bringing together the company’s wealth solutions into an integrated wealth management business that… Read More

January 27, 2020 @ 10:13 am By Samantha Hurst  |  

CaixaBank, a retail banking group based in Spain, announced on Monday it has formed a new partnership with global startup platform Plug and Play to help the continuous growth in the Spanish fintech sector. According to CaixaBank, the duo will promote new services for the… Read More

January 27, 2020 @ 8:28 am By Samantha Hurst  |  

Holvi, the BBVA-owned digital banking specialist for self-employed business owners, has officially expanded its services to its third core market, which is the UK. The company’s other core markets are Germany and Finland. Its further operating countries are Ireland, Belgium, France, Italy, and the Netherlands…. Read More