Tagged: fintech

June 28, 2019 @ 4:50 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Friday it expanded of its payout product in the Philippines. Wirecard reported its cards may be used in a wide range of industries. Cardholders can use the contactless cards to carry out seamless transactions… Read More

June 27, 2019 @ 10:35 pm By Samantha Hurst  |  

BBVA announced on Thursday the launch of its new accelerator program that is designed to “foster” success among the fintech startup ecosystem. The program, called BBVA Open Innovation Accelerator Program, aims to give startups a helping hand for success. “Over the course of nine-months, those… Read More

June 25, 2019 @ 7:20 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Tuesday it has formed a new partnership Bank of Ganzhou to establish a new fintech research and development center.  PINTEC reported that through the partnership, it and Bank of Ganzhou will jointly establish a fintech research… Read More

June 24, 2019 @ 10:22 am By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Monday it has acquired Seed, an online small business banking technology platform. Through the acquisition, a new platform will build on Cross River’s growing suite of innovative Banking-as-a-Service (BaaS)… Read More

June 23, 2019 @ 10:21 pm By Samantha Hurst  |  

Less than a week after launching its equity crowdfunding campaign on Crowdcube, UK fintech Nutmeg has successfully secured more than £4 million from nearly 2,000 investors. The funding round originally sought to raise £1 million, with Nutmeg offering 1.59% equity at a £251 million pre-money… Read More

June 21, 2019 @ 9:48 pm By Samantha Hurst  |  

Canadian fintech Mogo Finance Technology announced on Friday it has completed the business combination and formation with Difference Capital. Mogo reported that under the arrangement, it was combined with a wholly-owned subsidiary of Difference and each Mogo common share outstanding immediately prior to the Arrangement, other… Read More

June 20, 2019 @ 9:52 pm By Samantha Hurst  |  

UK-based fintech firm Nutmeg has launched an equity crowdfunding campaign on Crowdcube. The funding round quickly secured its £1 million funding target and has now nearing £2.6 million from over 1000 investors. Nutmeg claims to be the UK’s first online “discretionary investment management company.” The… Read More

June 20, 2019 @ 9:21 pm By Samantha Hurst  |  

FinTech Australia, the leading advocacy group for financial innovation in Australia, announced on Wednesday the new membership structure of its platform. The organization revealed it has been structured to offer maximum value to our members and at the same time, empower us to do more… Read More

June 19, 2019 @ 9:51 am By Samantha Hurst  |  

Science Exchange, a technology platform that is used by research organizations to order and manage outsourced R&D services, announced a strategic partnership with U.S. fintech, Brex. According to Science Exchange, the new partnership will see Brex offer biotech incentives. While sharing more details about the… Read More

June 17, 2019 @ 1:23 pm By Samantha Hurst  |  

Global digital asset exchange OKCoin announced on Monday it has teamed up with fintech Simplex to enable international users to make USD deposits through debit or credit card. According to OKCoin, the feature is available to users outside of Europe, China and the U.S., with… Read More

June 16, 2019 @ 10:45 pm By Samantha Hurst  |  

Just a little over a week after launching its equity crowdfunding campaign on Seedrs, UK fintech Paysend is now nearing £4.4 million in funding from more than 530 investors. The funding round originally sought to raise £4.2 million, which was secured in three days. Founded… Read More

June 14, 2019 @ 10:23 pm By Samantha Hurst  |  

Augmentum Fintech plc (LSE: AUGM) announced this week it has invested  £8.5 million across three companies that are in its portfolio. Founded in 2018, Augmentum Fintech claims to be one of Europe’ leading venture capital investors that is focused on the fintech sector. The company… Read More

June 14, 2019 @ 3:43 pm By Samantha Hurst  |  

Payments platform Stripe announced this week that its product, Stripe Terminal, is now available to all users in the U.S. According to Stripe, Stripe Terminal is a set of SDKs, APIs, and pre-certified card readers that lets you extend your Stripe integration to accept in-person… Read More

June 14, 2019 @ 3:24 pm By Samantha Hurst  |  

Money Dashboard, a UK-based online personal financial management service, is set to close its equity crowdfunding campaign on Crowdcube with more than £3.7 million. Originally seeking £1.5 million, the funding round attracted more than 3300 investors. As previously reported, Money Dashboard’s app empowers over 100,000… Read More

June 13, 2019 @ 9:12 pm By Samantha Hurst  |  

Glint, a UK-based fintech that enables physical gold to make instant payments using a debit Mastercard, announce on Thursday it completes £5 million private placement. The private placement comes nearly one year after Glint raised more than £2.1 million through its Crowdcube funding round. As… Read More

June 13, 2019 @ 3:50 pm By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Thursday the launch of its instant cashback scheme offering 1% on all purchases at some brands and retailers. According to Curve, the new program, which… Read More

June 12, 2019 @ 4:02 pm By Samantha Hurst  |  

EarnUp, a fintech startup that offers a consumer-first platform for automating loan payments, announced on Wednesday it has surpassed $10 billion in loans managed through its platform.  Launched in 2017, EarnUp Revealed it is looking to help consumers stay on track in making loan payments… Read More

June 11, 2019 @ 11:39 am By Samantha Hurst  |  

U.S. fintech Brex announced on Tuesday it secured $100 million through its latest investment round, which was led by Kleiner Perkins Digital Growth Fund. This round of investment comes just a couple of months after Brex received $100 million debt capital investment from Barclays Investment… Read More

June 6, 2019 @ 10:10 pm By Samantha Hurst  |  

Visa (NYSE:V) announced on Thursday it has partnered with LINE Pay Corporation, an operator of digital wallet and fintech services on the LINE messaging app, to launch new financial services experiences for its collective user bases of millions of consumers and merchants worldwide. The two… Read More

June 5, 2019 @ 10:35 am By Samantha Hurst  |  

KOHO, a fintech startup that offers Canadians an alternative to traditional banking, announced on Wednesday the launch of its new cashback program. This news comes just weeks after Koho successfully secured $42 million through its Series B funding round. As previously reported, Koho stated with… Read More