Tagged: fintech

November 19, 2018 @ 10:04 am By Samantha Hurst  |  

Biz2Credit announced on Monday it is working with HSBC Bank Canada to give Canadian small business owners quicker and easier access to apply for business financing through HSBC eCredit. According to the duo, HSBC eCredit is a digital-first approach to lending, which will allow small business… Read More

November 19, 2018 @ 9:56 am By Samantha Hurst  |  

OneConnect, a subsidiary of China’s insurance giant, Ping An, announced on Monday it officially opens in Singapore this month and is set to expand within the region at a rapid pace. The company reported that while it is the early days for OneConnect Singapore, the new office have already received overwhelming regional customer… Read More

November 19, 2018 @ 8:39 am By Samantha Hurst  |  

Menē Inc. (TSX-V: MENE), an online 24 karat investment jewelry brand, announced on Monday it has formed a partnership with fintech Affirm to provide U.S. customers with a new option based on real-time credit decisions that allow them to split Menē purchases into monthly payments while… Read More

November 19, 2018 @ 7:37 am By Samantha Hurst  |  

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Monday it secured €41.5 million in its investment round, led by Ping An‘s Global Voyager Fund. As previously reported, FinLeap was co-founded by Jan Beckers, Ramin Niroumand and Hendrik Krawinkel to found and build digital start-ups within the financial industry. Its portfolio companies… Read More

November 18, 2018 @ 8:44 pm By Samantha Hurst  |  

Chip, an AI-powered automatic savings account mobile app, has successfully secured more than £3.4 million from over 5,580 investors in less than two weeks through its recent equity crowdfunding campaign on Crowdcube. The company previously raised nearly £1 million through its first Crowdcube round in 2017…. Read More

November 16, 2018 @ 8:27 pm By Samantha Hurst  |  

UK challenger bank Tandem announced on Friday that it has invited their existing app users to join its Autosavings Beta testing community to help test its new Autosavings proposition. According to Tandem, users will be able to feedback suggestions for improvement, report bugs and discuss their… Read More

November 16, 2018 @ 10:30 am By Samantha Hurst  |  

Money Dashboard, a UK-based online personal financial management service, announced this week it has in-app integrated with pension manager PensionBee. As previously reported, Money Dashboard is described as a personal financial assistant that shows users exactly where money goes and helps the user make better financial decisions…. Read More

November 16, 2018 @ 10:16 am By Samantha Hurst  |  

Bitsafe, a Holland-based fintech, announced earlier this week the launch of its borderless Basic Payment Account. According to the startup, this new account works just like a local bank account and allows account holders can make deposits, make payments and withdraw funds. Every Bitsafe account comes… Read More

November 16, 2018 @ 9:40 am By Samantha Hurst  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Thursday it has completed its acquisition of Hyperwallet for approximately $400 million USD. According to the firm, this transaction will strengthen PayPal’s payout capabilities and enhance PayPal’s ability to provide an integrated suite of payment solutions to e-commerce… Read More

November 15, 2018 @ 9:32 pm By Samantha Hurst  |  

Self Lender, a U.S.-based fintech startup that offers Americans a way to build their credit while also saving money, today announced a $10 million round of Series B financing, which was led by Altos Ventures with additional participation from Silverton Partners, Accion Venture Lab, and others. The company… Read More

November 15, 2018 @ 8:21 am By Samantha Hurst  |  

CreditEase, a huge Chinese Fintech that started as just a peer to peer lending platform, announced on Thursday its founder and CEO, Ning Tang, has been named fintech advisor for the Singapore government. Ning reportedly asked by the Singapore Government to sit in on its International Technology… Read More

November 14, 2018 @ 2:58 pm By Samantha Hurst  |  

On Wednesday, The Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) awarded 12 FinTech companies a total of S$1.2 million at the FinTech Awards, which took place at the third Singapore FinTech Festival. The FinTech Awards, which is supported by PwC, recognizes innovative fintech… Read More

November 14, 2018 @ 10:23 am By Samantha Hurst  |  

Startupbootcamp FinTech in Latin America, a joint venture between Startupbootcamp and Finnovista, announced on Wednesday it celebrated the end of its second batch during Demo Day earlier this week. The cohort was made up by DevBlocks (Mexico), Hurra Credit (Mexico), La Plataforma (Chile), Luz Verde (Ecuador), Prometeo… Read More

November 14, 2018 @ 8:10 am By Samantha Hurst  |  

UK-based challenger bank Monzo has teamed up with PayPoint to use its cash payments solution for its current account holders. According to the fintech, customers may now deposit up to £300 cash directly into their Monzo account in a single transaction at any of PayPoint’s 28,000 stores…. Read More

November 13, 2018 @ 4:16 pm By Samantha Hurst  |  

LAFISE Group (LAFISE), a Latin American financial services provider, announced on Tuesday it has selected fintech and insurtech company novae to support its digital transformation. The LAFISE Group reported that as a first step in the process, the Dominican Republic locations of the group’s retail bank chain, Banco LAFISE… Read More

November 13, 2018 @ 3:30 pm By Samantha Hurst  |  

The Astana Financial Services Authority (AFSA), Astana International Financial Centre Authority (AIFCA) and the Monetary Authority of Singapore (MAS) announced on Tuesday they have signed a tripartite Cooperation Agreement to boost FinTech ties between Singapore and Kazakhstan. The Cooperation Agreement was signed by Mukhtar Bubeyev, Acting… Read More

November 12, 2018 @ 9:23 am By Samantha Hurst  |  

Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Monday it has a controlling interest in Lucht Probst Associates GmbH (LPA), a provider of innovative software and advisory services focused on financial services distribution and regulatory compliance solutions. Founded… Read More

November 12, 2018 @ 8:03 am By Samantha Hurst  |  

Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday it has formed a new partnership with Beijing Evercare, a company that provides medical aesthetic treatments and health management service. Pintec reported that it will provide Beijing Evercare with an efficient and customized installment payment solution, enabling… Read More

November 7, 2018 @ 8:32 am By Samantha Hurst  |  

Germany-based challenger bank N26 is bringing its services to Denmark, Norway, Poland, and Sweden. This news comes just weeks after the fintech officially launched in the UK. As previously reported, N26 was founded in 2013 and stated it has redesigned banking to make it simple, fast and contemporary…. Read More

November 6, 2018 @ 3:57 pm By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, surpassed its initial £3 million funding target on equity crowdfunding platform, Seedrs. The funding round has attracted more than 750 investors. As previously reported, Jaja Finance was founded in 2016 and is on a mission to create “beautiful simplicity where there is… Read More