Tagged: fintech

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

June 5, 2019 @ 8:32 am By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday it has formed new partnerships with Levi’s, Ray-Ban, O’Neill, and Tarte Cosmetics, among many other brands and retailers in the U.S. Afterpay reported that since launching in the country just… Read More

June 4, 2019 @ 7:35 am By Samantha Hurst  |  

U.S.-based fintech FinMason announced on Tuesday it has partnered with Silver Wealth Technologies, a trusted provider of enterprise-class business and technology solutions for investment services companies. Through the collaboration, FinMason’s real-time API will be used to deeply integrate investment calculations into Silver’s innovative wealth data… Read More

May 30, 2019 @ 2:59 pm By Samantha Hurst  |  

PaySend, a UK-based global payments platform, announced on Thursday it is set to launch its equity crowdfunding campaign on Seedrs. As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company and payments disruptor on a mission to change how… Read More

May 30, 2019 @ 8:33 am By Samantha Hurst  |  

FinTech Scotland announced on Thursday the fintech community in Scotland has now increased to over one hundred innovative firms focused on re-inventing financial services through new technology and data. According to the organization, this increase continues the momentum from the start of the year when… Read More

May 28, 2019 @ 2:35 pm By Samantha Hurst  |  

Swedish fintech startup Open Payments announced on Tuesday it secured 1.2 MEUR through its latest seed funding round, which included investments from Brightly Ventures, Luminar Ventures, and selected angel investors. Founded in 2017, Open Payments provides what it believes the “groundbreaking market infrastructure” that is… Read More

May 26, 2019 @ 9:44 pm By Samantha Hurst  |  

Canadian fintech Katipult announced last week its 2019 first quarter financial results for the three-month period ended March 31st. The company revealed that the first quarter 2019 is the fifth consecutive quarter of higher subscription revenues and marks its highest recorded subscription revenue and total… Read More

May 22, 2019 @ 8:26 am By Samantha Hurst  |  

Global fintech InvestCloud announced last week it has appointed Will Bailey as its new Chief Strategy Officer. According to InvestCloud, the newly-created role will see Bailey head up development on emerging product initiatives, which includes leading a strategic product team to apply the latest technology, from… Read More

May 21, 2019 @ 11:57 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced on Tuesday it is set to acquire Canadian wealth management technology provider, RPM Technologies for approximately $300 million. Broadridge reported that RPM’s technology platforms support more than 15 million customer accounts. Broadridge revealed: “Building on Broadridge’s strong Canadian Wealth Management business,… Read More

May 16, 2019 @ 2:01 pm By Samantha Hurst  |  

Operating system of finance, OpenFin, announced on Thursday it secured $17 million through its Series C funding round, which was led by Wells Fargo with participation from Barclays and existing investors including Bain Capital Ventures, J.P. Morgan and Pivot Investment Partners. Founded in 2010, OpenFin… Read More

May 15, 2019 @ 5:51 pm By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Wednesday it has join forces with banking group SDC to provide 120 Nordic banks access to account aggregation and payment initiation services. According to Tink, the access will allow the banks to… Read More

May 15, 2019 @ 12:55 pm By Samantha Hurst  |  

Binji, a U.S.-based Fintech startup, announced the launch of its new personal finance solution. The company reported that its digital display debit Mastercard works in tandem with its mobile app. The platform also offers the ability to consolidate up to 24 credit and debit cards… Read More

May 15, 2019 @ 9:24 am By Samantha Hurst  |  

KOHO, a fintech startup that offers Canadians an alternative to traditional banking, announced on Wednesday it secured $42 million through its latest funding round, which was led by Portag3 Ventures, with participation from Greyhound Capital and other strategic investors. Founded in 2014, KOHO stated that… Read More

May 15, 2019 @ 8:27 am By Samantha Hurst  |  

Tencent Holdings Limited, a leading provider of Internet value-added services based in China, announced on Wednesday its financial results of 2019’s first quarter. According to Ma Huateng, Chairman and CEO of Tencent, Tencent sustained “healthy user engagement” across its key platforms and saw notable growth in… Read More

May 14, 2019 @ 11:48 am By Samantha Hurst  |  

Mastercard (NYSE: MA) announced on Tuesday the launch of the Mastercard Innovation Engine, which is described as an API based digital platform that enables issuers and merchants a simplified path to rapidly deploying digital capabilities and experiences to their customers. According to Mastercard, the plug-and-play… Read More

May 12, 2019 @ 6:10 pm By Samantha Hurst  |  

Pennies, a UK-based fintech and digital charity box, has reportedly surpassed 70 million in consumer digital donations. Founded in 2010, Pennies revealed it is creating a “unique digital ecosystem” by using new technology to unlock millions of pounds in new giving. “Designed to fit with our… Read More

May 9, 2019 @ 7:29 pm By Samantha Hurst  |  

GeoDB, a UK-based fintech startup that aims to provide a big data marketplace that includes an encrypted, safe, transparent, verified, accurate and decentralized datapool, is set to close its equity crowdfunding campaign on Crowdcube with more than £900,000 in funding. The funding round was launched… Read More

May 9, 2019 @ 9:13 am By Samantha Hurst  |  

The Investment Association (IA) announced on Wednesday the second cohort of fintech firms which will be joining Velocity, the IA’s innovation hub and FinTech accelerator for the buy-side and asset management industry. The firms selected are the following: AxeTrading: A specialist Fixed Income EMS delivering technology… Read More