Tagged: fintech

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

April 16, 2019 @ 11:18 am By Samantha Hurst  |  

Ocrolus, a data verification and cash-flow analytics company, announced on Tuesday it has formed a partnership with BlueVine, a provider of online working capital financing to small and medium-sized business lenders. Ocrolus reported BlueVine will use its technology to accelerate growth and scale operations efficiently,… Read More

April 16, 2019 @ 8:03 am By Samantha Hurst  |  

Financeit, a Canada-based point-of-sale financing provider, announced last week it is expanding into the U.S. and has appointed Steve Olszewski as its U.S. division general manager. Founded in 2011, Financeit describes itself as a market leading point-of-sale payment plan provider, servicing the home improvement, vehicle, and… Read More

April 15, 2019 @ 1:56 pm By Samantha Hurst  |  

Nauticus Blockchain, an Australia- based digital financial marketplace, announced on Monday it is now seeking $25 million through its new equity fundraising efforts. The Nauticus Exchange is described as an Australia Government regulated crypto and fiat currency exchange. The platform is egistered with AUSTRAC and… Read More

April 15, 2019 @ 11:15 am By Samantha Hurst  |  

UK-based fintech Rapyd announced on Monday it has formed a partnership with OCBC Bank to enable real-time bank payments for Singapore consumers and online retailers through peer-to-peer funds transfer service PayNow. According to Rapyd, PayNow will enable OCBC Bank customers to make digital payments using… Read More

April 15, 2019 @ 10:37 am By Samantha Hurst  |  

Canadian fintech Mogo Finance Technology announced on Monday it has signed a definitive arrangement agreement to merge itself with Difference Capital Financial Inc. Mogo reported that under the terms of the Arrangement Agreement, each common share of Mogo will be exchanged for one Difference common… Read More

April 12, 2019 @ 8:48 am By Samantha Hurst  |  

The University of Strathclyde announced this week the launch of its new fintech accelerator program in collaboration with Strathclyde Business School. According to the University, the Strathclyde Entrepreneurial Network (SEN) accelerator programme encourages the development of early-stage innovation-driven fintech businesses. “Four groups of entrepreneurs will have access… Read More