Tagged: fintech

March 22, 2019 @ 9:12 am By Samantha Hurst  |  

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday that 12 financial institutions have signed up with its second Payment Services Directive (PSD2) solution. Avaloq reported that it launched the service at the end of last year… Read More

March 21, 2019 @ 9:22 pm By Samantha Hurst  |  

Akulaku, a SE Asia-based fintech, is reportedly set to acquire Indonesian lending bank Yudha Bhakti for Rp 158 Billion ($11 million). Founded in 2016, Akulaku is a fintech company that is focused on providing financial services to the underserved. The company has established offices in five countries/regions,… Read More

March 20, 2019 @ 1:33 pm By Samantha Hurst  |  

Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday its significant growth and an expanded portfolio of payments and cash management solutions that increase business opportunities for its clients. Galileo reported its client base grew 34 percent and the company’s number of employees increased… Read More

March 20, 2019 @ 10:00 am By Samantha Hurst  |  

Just days after announcing plans to create 150 jobs in its new Southampton office, UK-based digital banking platform Starling Bank announced its new 3D Secure feature. According to the banking group, 3D Secure is a tool for online transactions that require the account holder to… Read More

March 19, 2019 @ 10:52 am By Samantha Hurst  |  

Progressa, a Vancouver-based fintech company that is focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced on Tuesday it has surpassed the $100 million milestone in funded loans for underserved Canadian consumers. The company reported since 2013, Progressa has helped… Read More

March 19, 2019 @ 10:41 am By Samantha Hurst  |  

Fintech Europe, Plug and Play’s fintech-focused innovation platform based out of Frankfurt, Germany, announced on Tuesday it has selected nine startups for its third batch. The platform, which is in partnership with Deutsche Bank, TechQuartier, BNP Paribas, Nets Group, Aareal Bank, DZ Bank, and Danske Bank,… Read More

March 19, 2019 @ 8:35 am By Samantha Hurst  |  

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, announced on Tuesday it has launched a new module on it accounts receivable platform, ARC, that offers enhanced cash application and bank reconciliation capabilities powered Cashbook. According to VersaPay, ARC provides… Read More

March 18, 2019 @ 10:19 am By Samantha Hurst  |  

Standard Chartered announced on Monday that its venture unit, SC Ventures, has created a market-first platform, called SC Ventures Fintech Bridge, to connect community builders such as start-ups, investors and accelerators to the Bank. According to Standard Chartered, SC Ventures Fintech Bridge connects and matches… Read More

March 15, 2019 @ 11:54 am By Samantha Hurst  |  

iCapital Network, a US fintech platform democratizing alternative investments for high-net-worth individuals and their advisors, announced on Friday it has formed a partnership with Morgan Stanley to provide alternative investment feeder fund services. It was revealed that the alternative investments feeder fund business transferring to… Read More

March 13, 2019 @ 7:27 am By Samantha Hurst  |  

Novae, a U.S.-based fintech and insurtech firm, announced on Wednesday it has launched Onboard, which is described as an all-digital platform that allows bank cardholders to access all their card-related benefits by simply downloading the app and entering the first six digits of their cards…. Read More

March 11, 2019 @ 8:26 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday it has acquired Australian credit risk solution provider, InfraRisk. PINTEC reported the acquisition represents a new milestone in its international expansion. “With InfraRisk as a wholly-owned unit, PINTEC will further enhance its capability to serve financial… Read More

March 10, 2019 @ 9:15 pm By Samantha Hurst  |  

FinTech Australia announced on Thursday it has appointed three new board members, with the addition of one new board position in Queensland. According to the organization, the board will now consist of nine members split across Sydney, Melbourne, Brisbane, Adelaide, and Perth. It was then reported… Read More

March 8, 2019 @ 8:32 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Friday it has formed a partnership with online education platform Xueba100 for installment financing. According to PINTEC, Xueba100 is the one-on-one tutoring brand of Xuebajun that specializes in intelligent online education. The fintech reported that with its… Read More

March 7, 2019 @ 8:47 am By Samantha Hurst  |  

Canada fintech firm and direct online access to securely vaulted and insured precious metals, Goldmoney, Inc. (TSX: XAU) announced on Wednesday it has decided to exit the cryptocurrency business and will be removing digital currency off of its platform.  Goldmoney reported it will work with its customers… Read More

March 6, 2019 @ 11:11 am By Samantha Hurst  |  

Wave, a Canada-based financial services and software for small businesses, announced on Wednesday it has acquired Every, a fintech company that provides business accounts and debit cards to small businesses. Wave reported that the acquisition advances its plans to integrate more financial products and services… Read More

March 5, 2019 @ 11:40 am By Samantha Hurst  |  

UK-based fintech startup, Upgrade Pack, has launched an equity crowdfunding campaign on Seedrs to raise £500,000. Founded in 2018, Upgrade Pack is described as a closed marketplace where airlines and hotels make discounted upgrades available to an exclusive membership consumer base. The company revealed: “Our… Read More

March 4, 2019 @ 1:13 pm By Samantha Hurst  |  

Modo, a U.S.-based bank-grade fintech-as-a-service platform that connects merchants to the market of payment services providers, announced on Monday the launch of its new product, /Checkout, which is focused on simplifying the payment stack for e-commerce merchants. Modo explained: “With one connection to Modo’s /Checkout… Read More

February 28, 2019 @ 7:47 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, announced on Thursday it has seen its customer waitlist grow to over 6,000 people following the closing of its highly successful crowdfunding campaign on Seedrs, which raised £4,957,534 in total. As previously reported, Jaja Finance was founded in 2016 and is… Read More

February 28, 2019 @ 4:00 am By Erin Hobey  |  

Innovate Finance, the independent industry body for UK Fintech, published its Women FinTech Powerlist. Launched in 2015, the Women in FinTech Powerlist has increasingly attracted a global audience, resulting in an unprecedented volume of applications and nominations this year from around the world. The 2018 iteration… Read More

February 27, 2019 @ 2:09 pm By Samantha Hurst  |  

Singapore-grown fintech Rely recently announced it has raised a seven-figure sum through its pre-Series A funding led by Goldbell Financial Services. Founded in 2017, Rely described itself as a ‘buy now pay later’ service that enables customers to buy what they want today and split the purchase amount… Read More