Tagged: fintech

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

January 3, 2019 @ 8:54 am By Samantha Hurst  |  

Plaid, a U.S.-based fintech startup, recently announced it now supports more than 3,000 institutions for authority and identity. The news comes just after the company raised $250 million through its Series C funding round, which was reportedly led by venture capitalist and Internet Trends author, Mary Meeker…. Read More

January 3, 2019 @ 6:11 am By Erin Hobey  |  

Third time’s proving to be a charm for UK fintech platform CityFALCON.  Having secured £566,488 in 2017 during its second Seedrs round, UK fintech CityFALCON quickly surpassed its initial £150,000 funding target during its third Seedrs’ run in November. The platform has increased the amount of… Read More

December 27, 2018 @ 7:25 am By Samantha Hurst  |  

paysafecard, an Austria-based fintech that is part of the Paysafe Group, announced last week it has expanded its partnership with Google by becoming a new payment method in the Google Play Store in five additional European countries, which was Germany, the UK, France, Spain, and Greece…. Read More

December 26, 2018 @ 8:43 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Tuesday it has formed a partnership with Fullerton Credit (FC) to expand digital lending solutions to the Chinese market.  According to PINTEC, FC provides operating and consumer loans for individuals, micro businesses and SMEs, with total cumulative loans disbursed exceeding more… Read More

December 24, 2018 @ 12:19 pm By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial announced last week it has formed a new partnership with data collaboration firm Workiva to combine its conventional and next-generation digital delivery of regulatory and shareholder communications and distribution capabilities with the Workiva Wdesk cloud-based platform.  According to Broadridge, Workiva customers will soon… Read More

December 24, 2018 @ 7:07 am By Samantha Hurst  |  

Payment process platform Square has reportedly reapplied for its banking license. This news comes less than six months after the company withdrew its application.  According to Finextra, the company previously submitted its banking license application with the Federal Deposit Insurance Corporation (FDIC) to become a… Read More

December 21, 2018 @ 10:52 pm By Samantha Hurst  |  

Capgemini and Efma announced on the inaugural FinTechVisor Race to the Top 2019, which is described as a competition that offers organizations an opportunity to pitch their business solutions to an elite panel of financial institutions and industry influencers. According to the duo, FinTechVisor Race to the Top 2019 aims to… Read More

December 21, 2018 @ 9:58 pm By Samantha Hurst  |  

Temenos (SIX: TEMN) announced on Friday it has completed its acquisition of Avoka. The company previously announced it was acquiring the Australia-based SaaS vendor to further strengthen its Temenos Digital Front Office product, which has more than 300 banking clients and has been recognized as a leader by… Read More

December 21, 2018 @ 8:23 am By Samantha Hurst  |  

TD Bank announced on Friday it has released a progress report on advancing towards a transition to a low-carbon economy in North America. The banking group also reported it secured CAD$22 billion during its first year. In December 2017, TD set a target of a total of CAD$100 billion in… Read More

December 20, 2018 @ 7:28 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it is expanding its partnership with Dash through communications group, Singtel. According to Wirecard, Dash’s customers may make payments using Apple Pay at millions of participating on- and offline merchants worldwide. Wirecard reported… Read More