Tagged: fintech

December 3, 2019 @ 8:03 am By Samantha Hurst  |  

Credorax, a fintech bank and smart payments provider, announced on Tuesday it has teamed up with Raisin to offer retail deposits to Raisin customers in Germany. Credorax reported that the partnership marks the launch of its first banking products in the region. “Through this partnership,… Read More

November 27, 2019 @ 2:28 pm By Samantha Hurst  |  

UK banking group NatWest announced on Wednesday the launch of its digital bank, Bó. According to Natwest, Bó is a digital bank that was created to help people “do money better.” The service features a bright yellow Visa card, as well as a mobile app. Natwest… Read More

November 25, 2019 @ 9:44 am By Samantha Hurst  |  

Less than two years after securing £626,310 through its Crowdcube funding round, European automated saving and crowd investing marketplace Oval Money launched an equity crowdfunding campaign on Seedrs and has quickly secured its initial £1 million funding target. As previously reported, Oval Money provides easy… Read More

November 20, 2019 @ 9:53 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced on Wednesday it has acquired ClearStructure Financial Technology, which is a global provider of portfolio management solutions for the private debt markets. According to Broadridge, the acquisition is helping to expand its asset management technology suite. “Broadridge’s SaaS technology powers… Read More

November 20, 2019 @ 9:46 am By Samantha Hurst  |  

CommonBond, an online lending platform servicing the student loan market, announced on Wednesday the launch of CommonBond Ignite, which is described as a tailor-made solution for large financial institutions to acquire the right customers, with the right products, at the right time. According to CommonBond,… Read More

November 10, 2019 @ 11:08 pm By Samantha Hurst  |  

Rapyd, a global Fintech-as-a-service provider, announced last week the launch of its new Singapore platform to enable businesses to go cashless. Rapyd claims that the platform will bring greater convenience to local consumers and businesses, by enabling consumers and businesses to easily make payments electronically,… Read More

November 8, 2019 @ 7:44 am By Omar Faridi  |  

Shares of San Diego-based Silvergate Bank, a leading bank for innovative businesses in Fintech and cryptocurrency, are now available for trading on the New York Stock Exchange (NYSE:SI). Silvergate Capital (NYSE:SI) a California-headquartered commercial bank currently focused on crypto-related businesses, has now been officially listed on… Read More

November 7, 2019 @ 8:12 am By Omar Faridi  |  

Vietnamese Tien Phong Commercial Joint Stock Bank (TPBank) has reportedly teamed up with American Fintech Ripple, in order to join RippleNet, a decentralized network of financial institutions and service providers that allows users to conduct quick and cheap international transactions. Notably, TP Bank was among… Read More

November 6, 2019 @ 8:13 am By JD Alois  |  

Chip, a Fintech that claims to be one of the most crowdfunded businesses in the UK, is raising £7.3 million following a previous £3.8 million crowdfunding round on Crowdcube. Chip recently sold a 9.39% equity stake in the company to 6897 individual investors at a… Read More

October 21, 2019 @ 9:03 am By Samantha Hurst  |  

FinTech Innovation Lab New York, a 12-week program co-founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City, announced on Monday it has opened applications for its 2020 class. According to its creators, the FinTech Innovation Lab is designed for entrepreneurs developing disruptive… Read More

October 20, 2019 @ 9:18 pm By Samantha Hurst  |  

Anna Money, a UK-based fintech that specializes in SME business banking, has successfully secured £3.5 million in funding through its equity crowdfunding campaign on Seedrs. The funding round was launched last month and quickly surpasses its initial £3 million funding target. Anna stands for Absolutely… Read More

October 17, 2019 @ 10:27 pm By Samantha Hurst  |  

U.S. digital bank Radius Bank announced on Thursday it has teamed up with Credible to expand its digital marketplace. Radius Bank reported that through the partnership, consumers can source competitive rates for student loans, student loan refinancing and personal loans through the Radius platform. The… Read More

October 15, 2019 @ 11:08 am By Samantha Hurst  |  

PaySafeCard, an Austria-based fintech that is part of the Paysafe Group, announced on Tuesday its services are now available in Iceland. The company launched in the country with its sales partner, Basko verslanir. While sharing more details about the launch, Udo Müller, CEO of Paysafecard, stated:… Read More

October 15, 2019 @ 8:48 am By Samantha Hurst  |  

Cashforce, a Belgium fintech focused on cash forecasting and working capital management, announced on Tuesday it secured €5 million through its Series A funding round, which was led by INKEF and Citi Venture with participation from Pamica NV and Volta Ventures. Founded in 2012, Cashforce… Read More

October 14, 2019 @ 2:06 pm By Samantha Hurst  |  

Metropolitan Bank Holding Corp. (NYSE: MCB), the holding company for Metropolitan Commercial Bank, recently announced it has formed a partnership with global provider of money transfer services MoneyGram (NASDAQ: MGI) to launch a new debit card deposit service designed to simplify deposit, withdrawal and exchange… Read More

October 14, 2019 @ 10:10 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has expanded its strategic e-payments partnership with MRI Software, a real estate software solutions provider. AvidXchange reported that as part of the enhanced partnership, it and… Read More

October 13, 2019 @ 9:32 pm By Samantha Hurst  |  

Robinhood, a trading App and Fintech stealth bank, recently announced it has appointed former SEC Commissioner, Dan Gallagher, to its Board of Directors. According to Robinhood, Gallagher has an extensive background in finance markets and regulatory matters and will be bringing expertise to the Board… Read More

October 11, 2019 @ 9:58 pm By Samantha Hurst  |  

Nubank, a Brazil-based fintech startup, has reportedly surpassed 15 million customers. According to Reuters, Nubank’s CEO David Vélez announced the figure, which marks a 25% increase from the total that Nubank disclosed in August. As previously reported, Nubank was founded in 2013 and is committed to… Read More

October 11, 2019 @ 8:56 pm By Samantha Hurst  |  

Digital-only bank platform N26 announced this week it now has more than one million customers in France. The banking group reported it launched its services in the country less than three years ago with a goal to become the first bank that the French “like… Read More

October 11, 2019 @ 9:33 am By Samantha Hurst  |  

Celero, a solutions integrator, and STACK, a Canadian fintech, announced on Thursday they have formed a strategic partnership to develop and launch Aura, which is a new digital member experience and rewards platform, exclusively for credit unions. The duo reported that by combining Celero’s expertise… Read More