Tagged: fintech

SuperMoney Milestone: Fintech Startup Surpasses $2 Billion in Loan Requests

U.S. fintech startup SuperMoney announced on Monday its multi-lending marketplace platform has surpassed $2 billion in loan requests. This news comes less than a year after SuperMoney announced it processed more than $1 billion in loan requests. As previously reported, SuperMoney offers what it claims to… Read More

Royal Bank of Canada Launches New Mobile Banking Experience For Students

Royal Bank of Canada (RBC) announced on Wednesday the launch of its new mobile banking experience that is specifically for students. The RBC Mobile Student Edition was notably designed in collaboration with students to enable features that matter most to them. “The Student Edition hones… Read More

Robinhood Receives FCA Authorization to Operate in the UK; Appoints Wander Rutgers As President

U.S. fintech Robinhood announced on Wednesday that it received authorization from the Financial Conduct Authority (FCA) to operate as a broker in the UK. According to Robinhood, the authorization will enable us to bring its investing platform to customers in the UK and is a… Read More

Following €43.6 Million IEO, Bitpanda Launches Global Digital Asset Exchange

Austria-based fintech Bitpanda announced on Wednesday it is set to launch its new global digital asset exchange. This news comes just after the company raised €43.6 million through its Initial Exchange Offering (IEO). As previously reported, Bitpanda claims to be Europe’s leading retail broker for… Read More

U.S. Fintech C2FO Secures $200 Million Through Latest Investment Round Led By The SoftBank Vision Fund

C2FO, a fintech firm and market for working capital based in the U.S., announced on Wednesday it secured $200 million through its latest investment round, which was led by the SoftBank Vision Fund with participation from existing investors Temasek and Union Square Ventures. Founded in 2008,… Read More

Pintec Announces New Partnership With Caissa Travel For Intelligent Retail Financing Services

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday it has formed a new partnership with Chinese travel service provider, Caissa Travel. According to Pintec, the collaboration will bring together both companies to cooperate in consumer finance and information technology to embrace the rising… Read More

U.S. Fintech FinFit Launches Live Financial Coaching For Members

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Friday it will offer live financial coaching to all of its members free of charge.  According to FinFit, members are now able to connect with certified… Read More

Web-Based Financial Services China Finance Online Announces Receipt of NASDAQ Notice of Bid Price Deficiency

China Finance Online Co. Limited NASDAQ GS:JRJC), a web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, announced on… Read More

U.S. Fintech FinFit Raises $7 Million Through Series B Funding Round Led By Galaxy Investment Partners

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Tuesday it secured $7 million through its Series B funding round, which was led by Galaxy Investment Partners LLC, the family office of Michael Novogratz, with… Read More

Online Investing Service Wealthsimple Picks Xignite to Power Online Investment Manager

Canada-based fintech and global digital investing service, Wealthsimple announced on Tuesday it has selected Xignite to power its new online investment manager feature, Wealthsimple Trade, which is described as a new stock-trading mobile app, available in Canada. Wealthsimple reported that it is using Xignite financial… Read More

Update: WeSwap Set to Close Latest Seedrs Round With More Than £2.4 Million in Funding Secured

UK-based fintech startup, WeSwap, is set to close its latest equity crowdfunding round on Seedrs with more than £2.4 million in funding secured. The company launched the campaign last month and quickly raised its initial £2.3 million funding target. It is offering 5.24% in equity… Read More

Austria Fintech Bitpanda Hits New Milestone By Surpassing 1 Million Users

Austria-based fintech Bitpanda announced last week it reached its latest milestone by surpasses one million users. As previously reported, Bitpanda claims to be Europe’s leading retail broker for buying and selling Bitcoin, Ethereum, IOTA and other cryptocurrencies. The platform has more than one million users…. Read More

Asian Fintech Startup Cheers Paytech Selects Mambu As Core Banking System

 Cheers Paytech, a Singapore-based fintech startup, announced this week has partnered with Mambu to provide the core banking technology for all wallet accounts to fuel growth. According to Cheers, this new collaboration will facilitate the backend movement of funds within the Cheers Wallet Engine. Founded… Read More

LexinFintech Receives The Asian Banker Award for Best Lending Technology in China

China-based consumer finance platform LexinFintech announced on Friday it has been awarded the Best Lending Technology Initiative, Application or Programme in China by The Asian Banker. According to LexinFintech, The Asian Banker awards are generally viewed by executives as one of the most rigorous, prestigious and… Read More

Luxembourg House of Financial Technology Member Payconiq Secures €20 Million Through Latest Investment Round to Continue Further Development

Payconiq, a Luxembourg-based fintech, announced this week it secured €20 million through its latest investment round led by its existing shareholders. Founded in 2014, the mobile payments platform claims it has built a sustainable ecosystem through an open-API approach and flexible microservices, focusing on consumers,… Read More

Singapore Fintech Bank For Businesses & Entrepreneurs Arival Now Seeking £700,000 Through Equity Crowdfunding Round on Crowdcube

  Arival, a Singapore-based fintech bank for businesses and entrepreneurs, has launched an equity crowdfunding campaign on Crowdcube to raise a minimum of £700,000 in funding. The startup is currently offering 5.51% of equity at a £12,012,061 pre-money valuation. The initiative’s launch comes just a… Read More

Global Fintech Ideanomics Announces Plans For Fintech Village Innovation Hub

Ideanomics (formerly known as Seven Stars Cloud Group, Inc.) (NASDAQ: SSC), a global fintech and asset digitization services company, announced on Tuesday plans for its fintech village innovation hub. The company will transform the former UConn West Hartford campus into its global headquarters for technology… Read More

India Fintech Zeta Announces Series C Investment Round Led by Sodexo Benefits and Rewards

Zeta, an India-based fintech company, announced on Tuesday it has secured a Series C investment from Sodexo Benefits and Rewards (BRS), at a valuation of $300 million. Founded in 2015, Zeta, part of the Directi Group, describes itself as a fintech leader offering a wide… Read More

Update: PaySend Set to Close Seedrs Campaign With More Than £8.55 Million in Funding

UK fintech Paysend is set to close its equity crowdfunding campaign on Seedrs with more than £8.55 million in funding. The campaign was launched last month and quickly secured its initial £4.26 million funding target. Paysend is offering 3.30% in equity at a £124,904,832 pre-money… Read More

AvidXchange Announces Expansion of Headquarters

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced last week it has expanded  its Charlotte headquarters campus. AvidXchange reported that the new, 201,000 square-foot facility on the AvidXchange Music Factory campus will allow the company to accommodate an… Read More

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