Tagged: fintech

November 29, 2018 @ 8:04 am By Samantha Hurst  |  

CreditEase announced on Thursday it was the winner the Star of Innovation award at Global Finance Magazine’s 2018 Stars of China Awards.   CreditEase reported that it has been actively using financial technology to drive inclusive finance and wealth management, serving a large base of high-growth groups,… Read More

November 28, 2018 @ 11:54 am By Samantha Hurst  |  

DBS Bank announced earlier this week it has signed an MOU with UnionPay International,a wholly owned subsidiary of China UnionPay, will enable more than one million DBS PayLah! users to use their mobile wallet overseas for cross-border QR code payments. According to DBS, DBS PayLah! users… Read More

November 28, 2018 @ 6:57 am By Samantha Hurst  |  

Novae, a U.S.-based fintech and insurtech firm, announced on Wednesday it has teamed up with digital tech agency AAXIS to continue the growth and development of the capabilities of alle2020, a global, white-label B2B2C digital capability framework it launched in October. According to Novae, alle2020 uses… Read More

November 27, 2018 @ 8:20 am By Samantha Hurst  |  

India-based HDFC Bank announced on Tuesday the launch of its new next-gen mobile banking app. According to HDFC, the app offers users effortless access to their bank accounts while on the go. The app made its debut at the Bank’s annual Digital Innovation Summit 2018 (DIS) in New… Read More

November 26, 2018 @ 11:55 am By Samantha Hurst  |  

UK-based fintech Finastra announced last week it has opened a new office in Bucharest, Romania. According to Finastra, the new site hosts more than 550 employees and contractors. It is located in the brand new Orhideea Towers in the business district of Bucharest. The move offers… Read More

November 25, 2018 @ 9:06 pm By Samantha Hurst  |  

Just a little over a year after securing £566,488 through its second Seedrs round, UK fintech CityFALCON has returned to the equity crowdfunding platform for the third time and already raised its initial £150,000 funding target.  As previously reported, CityFALCON has received awards from Twitter,… Read More

November 25, 2018 @ 5:44 pm By Samantha Hurst  |  

Progressa, a Vancouver-based financial technology company focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced last week it is partnering with Alternative Credit Fund, a Vancouver-based specialty credit fund, to facilitate up to a $13 million forward flow whole loan purchase program… Read More

November 21, 2018 @ 3:32 pm By Samantha Hurst  |  

United First Partners (UFP), an independent Research, Brokerage, Advisory, and Investment group, announced this week the launch of its new venture, UFP Fintech. According to UFP, UFP Fintech invests in early stage Fintech, Proptech, and Legaltech startups. It was reported: “Under the leadership of the… Read More

November 21, 2018 @ 9:16 am By Samantha Hurst  |  

Denmark-based Saxo Bank announced on Wednesday the launch of its new platform for investors.  SaxoInvestor is described as a platform that gives the growing investor segment the opportunity to build long-term portfolios across stocks, bonds, mutual funds, ETFs, and SaxoSelect portfolios. According to Saxo Bank, the platform… Read More

November 21, 2018 @ 7:52 am By Samantha Hurst  |  

Form3,  cloud-based platform for global payments processing, announced on Tuesday it secured $13 million through its Series B funding round, which was led by venture capital firm, Draper Esprit plc, with participation from existing shareholders Barclays Bank plc, Angel CoFund, and several individuals. Founded in 2016, Form3… Read More

November 20, 2018 @ 11:20 am By Samantha Hurst  |  

Intesa Sanpaolo announced on Tuesday it is bringing its customers Apple Pay, which is available on all credit cards, prepaid cards and XME Card debit cards issued by the Intesa Sanpaolo Group. According to the fintech, Apple Pay adds another important step to the digital transformation process… Read More

November 20, 2018 @ 8:51 am By Samantha Hurst  |  

UK challenger bank Monzo announced on Monday it is now bringing instant signup to Google Pay. This news comes just six months after the fintech announced users are now able to use Apple Pay for purchases. Monzo reported that if users sign up to Monzo today on… Read More

November 19, 2018 @ 2:55 pm By Samantha Hurst  |  

CIMB Group (CIMB or the Group), ASEAN’s fifth largest bank, announced last week it has joined forces with Ripple to enable instant cross-border payments across its markets. The duo reported that through this new partnership CIMB will join RippleNet and connect with other Ripple customers, which reportedly has more than… Read More

November 19, 2018 @ 2:10 pm By Samantha Hurst  |  

Danske Bank announced last week it has joined forces with Nykredit, Accelerace and Copenhagen FinTech to create a new and ambitious accelerator dedicated to fintechs. The banking firm reported that the initiative has already secured more than DKK 1 million in funding from the Danish… Read More

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