Tagged: fintech

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

May 8, 2019 @ 8:17 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Wednesday it has opened new international headquarters in Singapore, while also launching “SquirrelSave,” a new digital wealth management service developed by its Singapore-based venture, PIVOT Fintech Pte. Ltd (PIVOT). PINTEC reported its international headquarters in Singapore will… Read More

May 7, 2019 @ 2:25 pm By Samantha Hurst  |  

Fig Loans, a U.S.,-based fintech company that offers credit building alternatives to predatory loans for low-income borrowers, announced on Tuesday it has become a Certified B Corporation and federally certified Community Development Institution (CDFI). According to Fig, CDFIs are certified by the U.S. Department of… Read More

May 7, 2019 @ 7:22 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has teamed up with Orange Money to launch a new digital payment and banking service in Eastern Europe. Wirecard reported it is now offering a financial commerce solution that allows contactless payments… Read More

May 6, 2019 @ 8:20 am By Samantha Hurst  |  

FinTech Australia announced on Monday the finalists for the 2019 Finnies. According to the organization, there was a total of 237 submissions this year across all 19 award categories and the number of submissions was up 30%. This year’s event, which will be held in… Read More

May 3, 2019 @ 9:28 am By Samantha Hurst  |  

U.S. fintech Jumio announced on Thursday it has joined forces with UK challenger banker Monzo. Jumio reported that it has been Monzo’s primary identity verification solution since 2017 and the companies have worked together to offer an easy-to-use, intuitive mobile onboarding experience for Monzo’s customers,… Read More

May 2, 2019 @ 9:16 pm By Samantha Hurst  |  

FIS (NYSE: FIS), a financial services technology firm, announced on Thursday the ten portfolio companies that were selected to participate in the fourth annual FIS Fintech Accelerator program. According to FIS, the companies will participate in a rigorous 12-week program designed to accelerate the development… Read More

May 2, 2019 @ 8:13 am By Samantha Hurst  |  

Plum, an artificial intelligence (AI) chatbot for personal finance, announced on Thursday it has achieved 433% user growth in one year, growing from 75,000 to 400,000 users, and has attracted a $4.5 million investment that brings total investment in the firm to $6.3 million. The… Read More

May 1, 2019 @ 8:22 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced on Wednesday it is now set to acquire Rockall, a market provider of securities-based lending (SBL) and collateral management solutions for wealth management firms and commercial banks. Broadridge reported that the acquisition expands its core front-to-back office wealth capabilities, providing… Read More

April 29, 2019 @ 2:57 pm By Samantha Hurst  |  

Finitive, a Fintech that connects institutional investors with alternative lending investments, announced on Monday it secured $6 million through its latest seed funding round, which was led by Atomic Labs. Finitive is described as a fintech platform that provides institutional investors with zero-fee access to alternative… Read More

April 29, 2019 @ 1:55 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Monday it has teamed up with RS2 to offer a new digital banking experience. Through the collaboration, Cross River and RS2 will provide merchants with a global payment… Read More

April 29, 2019 @ 12:26 pm By Samantha Hurst  |  

Citi Treasury and Trade Solutions announced last week it has formed a strategic partnership with Vietnam-based intermediary payment service provider Payoo to facilitate consumer-to-business collections for corporate clients in the country. Citi reported that under the partnership, its corporate clients in Vietnam will be able… Read More

April 29, 2019 @ 10:18 am By Samantha Hurst  |  

DIFC FinTech Hive, a fintech accelerator that is in the Middle East, Africa, and South Asia (MEASA) region, recently announced the launch of AccelerateHer, a mentorship programme which equips budding female professionals with necessary tools and experience to play a more active role in the… Read More

April 28, 2019 @ 9:42 pm By Samantha Hurst  |  

UK challenger bank Monzo announced earlier this week the launch of its new customization premium feature, Monzo Plus. Monzo reported that it previously published a list of things it was looking to explore throughout 2019, including an option to allow users to purchase “add-ons” for their… Read More

April 24, 2019 @ 12:52 pm By Samantha Hurst  |  

UK banking group NatWest announced on Wednesday the launch of its new biometric fingerprint card. NatWest reported that customers may now use their fingerprint to verify transactions above the £30 contactless limit, increasing security and making it easier for customers when paying for goods or services… Read More

April 19, 2019 @ 2:13 pm By Samantha Hurst  |  

Dutch private equity firm NPM Capital announced on Thursday it has acquired 35% stake in fintech startup Ohpen. Founded in 2009, Open revealed that its mission is to develop the “best” core banking engine in the world. “Built by former bankers to administer retail investment and… Read More

April 16, 2019 @ 3:40 pm By Samantha Hurst  |  

GeoDB, a UK-based fintech start that aims to provide a big data marketplace that includes an encrypted, safe, transparent, verified, accurate and decentralized datapool, has successfully secured its initial £750,000 equity crowdfunding target on Crowdcube. As previously reported, GeoDB was co-founded in 2018 by Chairman… Read More