Tagged: fintech

October 4, 2019 @ 1:36 pm By Samantha Hurst  |  

Switzerland’s Finanz und Wirtschaft Forum announced this week it is encouraging all Swiss fintech startups to sign up for the Swiss FinTech Awards. According to the organization, the purpose of the Swiss FinTech Awards is to promote Swiss connects innovators and to continue to the… Read More

October 3, 2019 @ 10:30 am By Samantha Hurst  |  

Bnext, a Spain-based mobile-first neobank, announced this week it raised $25 million through its Series A funding round, which was led by DN Capital, with participation from RedAlpine, SpeedInvest, Founders Future, Cometa, Enern, USM, and Conexo. Founded last year, Bnext states it offers customized services… Read More

October 2, 2019 @ 10:01 am By Samantha Hurst  |  

AI-powered automatic savings account mobile app, Chip, is set to close its latest equity crowdfunding campaign on Crowdcube with more than £3.9 million secured. The funding round was launched at the end of September and quickly secured its initial £1 million funding target. Chip is… Read More

October 1, 2019 @ 12:05 pm By Samantha Hurst  |  

Rapyd, a global Fintech-as-a-service provider, announced on Tuesday it secured $100 million through its latest financing round, which was led by Oak HC/FT with participation from Tiger Global, Coatue, General Catalyst, Target Global, Stripe, and Entree Capital. The latest funding round comes just months after Rapyd… Read More

September 30, 2019 @ 10:00 am By Samantha Hurst  |  

Anna Money, a UK-based fintech that specializes in SME business banking, is now seeking £3 million through its newly launched equity crowdfunding campaign on Seedrs. The funding round was launched just a little over six months after Anna Money received an £8.5 investment from tech investment firm,… Read More

September 30, 2019 @ 8:18 am By Samantha Hurst  |  

Teampay, a U.S.-based provider of distributed spend management software, announced last week it secured $12 million through its Series A financing round, which was led by Tribe Capital with participation from existing investors Crosscut, Silicon Valley Bank, and Precursor Ventures. The company reported that the… Read More

September 27, 2019 @ 2:08 pm By Samantha Hurst  |  

Canada-based fintech and global digital investing service, Wealthsimple announced this week it has acquired SimpleTax, a Canadian web-based tax preparation service. According to Wealthsimple, both companies aim to further their joint mission of making financial tools simple and accessible to everyone. “The acquisition marks Wealthsimple’s… Read More

September 27, 2019 @ 9:32 am By Samantha Hurst  |  

Less than a year after raising  £3.4 million through its previous Crowdcube round, AI-powered automatic savings account mobile app, Chip, has returned to the equity crowdfunding platform. Originally seeking £1 million, the company quickly surpassed the funding target has now raised over £3.4 million from… Read More

September 27, 2019 @ 9:20 am By Samantha Hurst  |  

Global innovation platform Plug and Play announced on Thursday the 130 startups selected to participate in their Winter 2019 batches. According to the accelerator, the selected startups will participate in one of the following programs: Enterprise 2.0, Health, Insurtech, Internet of Things, Mobility, Real Estate & Construction, or Travel & Hospitality. Speaking… Read More

September 27, 2019 @ 8:35 am By Samantha Hurst  |  

Marqeta, a U.S.-based fintech valued at over $2 billion, announced earlier this week it has appointed Vidya Peters as its first Chief Marketing Officer. According to Marqeta, Peters recently served as Chief Marketing Officer of MuleSoft and will be responsible for Marqeta’s global marketing efforts… Read More

September 26, 2019 @ 9:10 pm By Samantha Hurst  |  

Fintech Unicorn and stealth bank Transferwise announced on Thursday it has brought TransferWire for Banks to the U.S. TransferWire reported that financial institutions of all sizes may now integrate with TransferWise and offer customers what TransferWire believe is cheaper, faster, transparent payments to more than… Read More

September 25, 2019 @ 3:00 pm By Samantha Hurst  |  

The Capital Markets, Insurance, and Savings Authority of Israel and Israel Security Authority announced on Wednesday they have jointly signed an MOU for collaboration on fintech issues with the Croatian Financial Services Supervisory Agency (HANFA). According to the duo, the purpose of the agreement is… Read More

September 25, 2019 @ 1:00 pm By Samantha Hurst  |  

Bill.com, a business payments and software platform provider, announced on Wednesday it now supports international payments to 137 countries and 106 currencies. The platform reported since the beginning of the year the number of transactions it processes increased 216 percent and total payment volume increased… Read More

September 25, 2019 @ 7:58 am By Samantha Hurst  |  

Temenos AG (SIX: TEMN), the Switzerland based banking software provider, announced on Wednesday it has completed the acquisition of U.S.-based digital banking SaaS company, Kony. The acquisition news was originally announced last month, with Temenos agreeing to purchase Kony for an enterprise value of $559 million… Read More

September 24, 2019 @ 11:43 am By Samantha Hurst  |  

Global payables platform Tipalti announced on Tuesday it secured an additional $76 million through its Series D funding round, which was led by Zeev Ventures with participation from 01 Advisors (a fund founded by Twitter’s former CEO and COO) and Greenspring Associates. Tipalti reported it… Read More

September 24, 2019 @ 10:58 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday launch of new functionalities for its AvidXchange for NetSuite (AFN) SuiteApp. AFN, built using the Oracle NetSuite SuiteCloud Computing Platform, automates the entire invoice to payment process,… Read More

September 23, 2019 @ 1:46 pm By Samantha Hurst  |  

Tata Communications, a global digital infrastructure provider, and CreditPilot, a fintech specializing in digital and mobile financial services, transactional and payment infrastructure, announced last week they have formed a partnership to offer mobile and digital financial services solutions to mobile operators. The duo reported that… Read More

September 20, 2019 @ 3:12 pm By Samantha Hurst  |  

Global fintech BANKEX announced on Friday it has formed a new partnership with 1World to standardize messenger content sales of publishers represented on 1World platform through Bankex’ MainWallet. Bankex reported that its MainWallet facilitates transactions in messengers where a publisher can sell articles, subscriptions, and… Read More

September 20, 2019 @ 9:35 am By Samantha Hurst  |  

Digital asset manager Scalable Capital announced on Friday it has formed a new partnership with European cross-border savings platform Raisin. According to Scalable Capital, customers with a portfolio account at Baader Bank can invest in fixed-term deposits with select European banks as part of a… Read More

September 19, 2019 @ 2:30 pm By Samantha Hurst  |  

Barclay announced on Thursday it has teamed up with global fintech investor Anthemis to co-launch a New York City-based studio targeting female entrepreneurs to establish sustainable, valuable fintech businesses. According to Barclays, the Female Innovators Lab by Barclays and Anthemis is a hands-on program targeting… Read More