Tagged: fintech

August 1, 2019 @ 8:37 am By Samantha Hurst  |  

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

July 30, 2019 @ 9:47 am By Samantha Hurst  |  

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

July 30, 2019 @ 8:38 am By Samantha Hurst  |  

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

July 29, 2019 @ 3:34 pm By Samantha Hurst  |  

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

July 29, 2019 @ 2:59 pm By Samantha Hurst  |  

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

July 26, 2019 @ 6:40 pm By Samantha Hurst  |  

 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

July 26, 2019 @ 8:45 am By Samantha Hurst  |  

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

July 25, 2019 @ 9:54 am By Samantha Hurst  |  

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

July 24, 2019 @ 2:53 pm By Samantha Hurst  |  

  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

July 23, 2019 @ 3:34 pm By Samantha Hurst  |  

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

July 23, 2019 @ 1:24 pm By Samantha Hurst  |  

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

July 22, 2019 @ 3:25 pm By Samantha Hurst  |  

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

July 21, 2019 @ 9:42 pm By Samantha Hurst  |  

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

July 19, 2019 @ 1:56 pm By Samantha Hurst  |  

Mambu, a Berlin-based SaaS banking platform provider, recently announced it has formed it has signed its first Brazilian client, Acesso, a financial services company specializing in issuing and managing prepaid cards with a reputation for setting benchmarks in the country. Founded in 2010,  Acesso currently… Read More

July 19, 2019 @ 1:28 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Friday it has formed a new partnership with Korean remittance startup, Sentbe. MoneyGram reported the collaboration between it and Sentbe aligns with MoneyGram’s goal of providing consumers with an expanded range of digital money transfer options…. Read More

July 18, 2019 @ 10:48 pm By Samantha Hurst  |  

Waves Platform, a global fintech startup, announced on Thursday the sale of the Vostok project. The company reported that its enterprise projects will now be developed under a new company department called Waves Enterprise. The Vostok sale comes just a few months after Waves secured… Read More

July 18, 2019 @ 3:09 pm By Samantha Hurst  |  

Fintech unicorn SoFi announced on Thursday it has appointed Aaron Webster as its new Chief Risk Officer. Webster will notably be overseeing all of SoFi’s risk, fraud, and credit management frameworks, and will lead its credit risk and underwriting activities. Webster notably joins SoFi from… Read More

July 18, 2019 @ 2:06 pm By Samantha Hurst  |  

N26, a European digital-only bank, announced on Thursday a $170 million extension of its Series D funding round to $470 million. N26 reported that the extension drives the bank’s valuation to $3.5 billion, claim it to be the highest valued German startup. To date, N26 has raised more… Read More

July 18, 2019 @ 8:42 am By Samantha Hurst  |  

U.S. fintech and online provider of business valuation big data BizEquity announced on Thursday its new application, Enterprise RIO Guarantee, for financial service firms and their advisors. It was revealed: “BizEquity is committed to democratizing business valuation knowledge for the business owner, and to that end,… Read More

July 18, 2019 @ 7:59 am By Samantha Hurst  |  

China Lending Corporation (NASDAQ: CLDC), a non-bank financial corporation servicing micro, small and medium-sized enterprises in China, announced earlier this week it has entered into a five-year strategic partnership agreement with Rui Xin Insurance Technology (Ningbo) Co., Ltd, a fintech company providing comprehensive insurance solutions…. Read More