Tagged: fintech

January 31, 2019 @ 9:04 pm By Samantha Hurst  |  

Standard Chartered Bank announced on Thursday it has rolled out the second wave of its digital-only retail banks across four African markets. Standard Chartered reported it will launch its digital solution in four key markets during the first quarter of 2019 starting in Uganda in January,… Read More

January 31, 2019 @ 1:40 pm By Samantha Hurst  |  

UK challenger bank Monzo and fintech Flux announced on Thursday they have expanded their partnership to offer Flux receipts and rewards directly within the Monzo app. According to the duo,  Monzo customers the option to be able to see exactly what they’ve bought, whenever they use their… Read More

January 30, 2019 @ 11:10 am By Samantha Hurst  |  

Fintech incubator FinTech Consortium announced on Wednesday it has teamed up with Georgetown University to launch a professional development program in fintech. According to FinTech Consortium, the program is specifically designed for professionals with at least two years of experience in financial services or technology,… Read More

January 30, 2019 @ 8:26 am By Samantha Hurst  |  

Hong Kong Science and Technology Parks Corporation (HKSTP) announced on Tuesday it signed a Memorandum of Understanding (MoU) with Tencent to accelerate the R&D development and deployment of Fintech in Hong Kong by using Tencent’s revolutionary and advanced technology capabilities with HKSTP’s infrastructure and vibrant innovation… Read More

January 29, 2019 @ 12:59 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Tuesday it has formed a new partnership with Railsbank Technology Limited, a UK-based open banking and RegTech technology services platform, to provide Railsbank a variety of API-powered, banking and… Read More

January 29, 2019 @ 11:15 am By Samantha Hurst  |  

Self Lender, a U.S.-based fintech startup that offers Americans a way to build their credit while also saving money, announced on Tuesday it has formed a new partnership with Steady, an income optimization platform created for America’s rapidly growing independent workforce, to provide access to new… Read More

January 28, 2019 @ 8:38 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday the launch of its new API Management and Developer Portal. Wirecard reported that the portal is designed to make it even quicker and easier for customers to integrate the company’s digital platform into their environments… Read More

January 25, 2019 @ 8:20 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Thursday it is launching its next-generation handset financing for China Mobile’s subscribers. PINTEC revealed that it and an undisclosed national consumer financial company that was approved by the China Banking Regulatory Commission will develop a digital lending… Read More

January 24, 2019 @ 10:05 pm By Samantha Hurst  |  

Albo, a Mexico-based fintech that offers consumers digital accounts with prepaid Mastercards for receiving, transferring, and spending, announced on Thursday it secured $7.4 million through its Series A investment round, which was led by Mountain Nazca and joined by the impact investment firm Omidyar Network,… Read More

January 24, 2019 @ 8:50 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Thursday its President, Zhou Jing, is now set to lead its international business expansion efforts. According to PINTEC, Zhou has served as the president of the Company since January 2018. From May 2016 to January 2018, she served as the CEO of the Dumiao… Read More

January 24, 2019 @ 3:51 am By Erin Hobey  |  

Yesterday the Israeli tech company Lending Express, celebrated surpassing $100 million in financing facilitated between small and medium business owners and online lenders and obtaining state permission to open for business in California. The lending platform, led by CEO & Co-Founder Eden Amirav, is poised for further growth… Read More

January 23, 2019 @ 9:14 am By Samantha Hurst  |  

U.S. fintech startup Kyriba Corp. announced on Wednesday it has reached an agreement to acquire FiREapps, an enterprise currency management firm, to create a solution for managing a lifecycle of global foreign exchange (FX) risk. According to Kyriba, the agreement will combine two global leaders in cloud treasury and… Read More

January 22, 2019 @ 4:15 pm By Samantha Hurst  |  

UK-based fintech firm Nutmeg announced on Tuesday it secured £45 million through its latest funding round, which was led by Goldman Sachs and Convoy, which is an existing investor of the company. As previously reported, Nutmeg is described as the UK’s first online “discretionary investment management company.”… Read More

January 22, 2019 @ 9:57 am By Samantha Hurst  |  

Canadian fintech Mogo Finance Technology announced on Tuesday it opened more than 210,000 new member accounts in 2018, which brought its member base to approximately 756,000 on December 31st.  The company claims it is a digital challenger to the banks in Canada and empowers consumers with solutions… Read More

January 20, 2019 @ 2:20 pm By Samantha Hurst  |  

Asia-Pacific Fintech Network, a new network created by fintech associations from across the Asia-Pacific region, has officially launched to encourage cross-border innovation. The organization was created by nine associations that signed a Statement of Intent at the Asian Financial Forum event in Hong Kong.  The participants… Read More

January 17, 2019 @ 1:59 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has signed a cooperate agreement with watch brand, Swatch. Wirecard reported that in the future, consumers will be able to install fully digital, contactless payment solutions as an app in Switzerland and later… Read More

January 11, 2019 @ 10:31 am By Samantha Hurst  |  

Mitsubishi UFJ Financial Group (MUFG), one of the largest financial institutions in the world, announced on Friday the establishment of MUFG Innovation Partners Co., Ltd. (MUIP), which will manage corporate venture capital funds of MUFG to accelerate open innovation and strengthening partnerships with fintech related… Read More

January 9, 2019 @ 9:20 am By Samantha Hurst  |  

The Investment Association (IA) announced on Wednesday it has opened applications as it seeks the second cohort of fintech innovators for Velocity, which is the IA’s specialist fintech accelerator and innovation hub for the asset management industry. IA reported that since the launch of Velocity… Read More

January 8, 2019 @ 10:25 am By Samantha Hurst  |  

Plaid, a U.S.-based fintech startup, announced on Tuesday it has acquired data platform Quovo. According to Plaid, acquiring Quovo will make it easier for developers to build products that incorporate investment and brokerage data on its platform. It was revealed: “Financial applications have historically used Plaid… Read More

January 4, 2019 @ 9:58 pm By Samantha Hurst  |  

Global fintech BANKEX announced on Friday it has appointed Davidson & Co. to review its financial statements as it prepares to launch its very own securities private placement. This news comes less than a month after the company announced the launch of its own security token… Read More