Tagged: fintech

PINTEC Acquires Australian Credit Risk Solution Provider InfraRisk

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

FinTech Australia Announces New Board Member Appointments

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

PINTEC Teams Up With Online Education Platform Xueba100 For Installment Financing

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

Goldmoney Ceasing Cryptocurrency Operations

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

Wave Announces Acquisition of Business Accounts Provider Every

Fintech

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

Fintech Startup Upgrade Pack Now Seeking £500,000 Through Seedrs Funding Round

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

U.S. Fintech Modo Announces New E-commerce Merchant Product /Checkout

Fintech

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

Jaja Update: Waitlist Grows to More Than 6,000 Consumers Ahead of Credit Card Debut

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

Innovate Finance Publishes Women in FinTech Powerlist 2018: Leading the Way

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

Singapore Fintech Rely Secures Funding Through Pre-Series A Round Led By Goldbell Financial Service

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

UK Fintech Curve Celebrates First Anniversary of Launching in Nearly 30 Countries

UK-based fintech Curve celebrated the first anniversary of its launch across 27 European countries. As previously reported, Curve is on a mission to simplify the way people spend, send, see and save money. “We are focused on an ambitious opportunity fuelled by a couple of trends starting to play… Read More

Ping An’s Fintech Subsidiary OneConnect Commences Operations in Indonesia

OneConnect, a subsidiary of China’s insurance giant, Ping An, announced on Thursday it has commenced operations in Indonesia to enable local banks and financial institutions to accelerate their efforts in digitization of financial services and move towards a more inclusive financial industry. This news comes just a few months… Read More

U.S. Fintech PayJoy Announces Global Access to Lock API

Fintech

PayJoy, a U.S.-based fintech startup, announced on Wednesday the global availability of its Lock API. PayJoy reported that the API allows PayJoy’s lending partners to secure financing with compatible smartphones. As previously reported, PayJoy reported it has helped tens of thousands of underbanked consumers in emerging markets,… Read More

Corporate Payment Protection Solutions Provider nsKnox Secures $15 Million Through Series A Funding Round Led By Viola Ventures & Microsoft’s M12

nsKnox, a provider of corporate payment protection solutions, announced on Tuesday it secured $15 million through its Series A funding round, which was led by Viola Ventures and M12, Microsoft’s venture fund, with the participation of Discount Capital, the investment arm of Israel Discount Bank, and previous… Read More

GoCardless Secures $75 Million Through Series E Investment Round; Seeks To Open Access to Global Bank Debit Network

UK-based payments platform GoCardless announced on Monday it secured $75 million through its Series D investment round, which was led by new investors Adams Street Partners, GV (formerly Google Ventures) and Salesforce Ventures, as well as existing investors: Accel, Balderton Capital, Notion Capital, and Passion Capital…. Read More

FinTech Australia Opens Entries For The 2019 Finnie Awards

FinTech Australia announced on Thursday it opened entries for the 2019 Finnie Awards. The organization claims that the Finnie Awards is Australia’s only industry-backed fintech awards and the event gives more than 100 fintech startups the opportunity to be recognized for their achievements. Fintech Australia revealed this… Read More

N26 Introduces Premium Account Black in Denmark, Iceland, Liechtenstein, Norway, & Sweden

Germany-based challenger bank N26 recently announced it has introduced premium N26 Black account in  Denmark, Iceland, Liechtenstein, Norway, and Sweden. According to N26, N26 Black targets frequent travelers and it removes the “uncertainty” of exchange rates and transaction costs encountered through foreign travel and provides customers with free… Read More

Global Payments Platform Paysend Reaches 500,000 Customers & Introduces Money Transfer Services to Bank Accounts in More Than 30 European Countries

PaySend, a UK-based global payments platform, announced earlier this week it now has more than 500,000 customers. The company also introduced money transfer services to more than 30 European countries.   As previously reported, PaySend was founded in 2015 and describes itself as a UK fintech company… Read More

Jumio Launches Biometric Video Self Identity Verification Feature

Jumio, a U.S. fintech, announced on Monday the launch of its new end-to-end biometric verification feature, Jumio Authentication. According to Jumio, this new approach starts with identity proofing where the user captures their government-issued ID and a selfie, which are then compared to each other… Read More

Open Banking Fintech Bud Raises $20 Million Through Series A Funding Round

Bud, a UK-based open banking fintech startup, recently announced it raised $20 million through its Series A funding round, which involved participation by HSBC, Goldman Sachs, Banco Sabadell, ANZ and Investec . Founded in 2015, Bud describes itself as an early stage business that offers an… Read More

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