Tagged: fintech

Hong Kong Crypto Exchange Coinsuper Announces Strategic Partnership with Weever

Coinsuper, a Hong Kong-based cryptocurrency exchange, announced on Tuesday it has formed a strategic partnership with Weever FinTech, the crypto trading arm of CASH Financial Services Group (CFSG, SEHK: 510). This news comes just after Weever launched its new platform. Founded in 2017, Coinsuper is described as… Read More

Overfunding: UK Fintech Nebeus Secures £1.1 Million Funding Target on Crowdcube

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Nebeus, a UK-based fintech platform that is used for the consumption and creation of financial services and products, has successfully secured its initial £1.1 million funding target through its equity crowdfunding campaign on Crowdcube. The funding round has already attracted nearly 475 investors. As previously reported, Nebeus,… Read More

Payments Provider Paysafe Announces Global Hackathon Winner

Global payments provider Paysafe announced on Monday the winner of its global hackathon. As previously reported, the company hosted its first global hackathon in five of its developer locations, which are Sofia (Bulgaria), Vienna (Austria), Hyderabad (India), Montreal and Calgary (Canada). The event was specifically created to… Read More

Wirecard Expansion: Bring Digital Fintech Platform Services to Australia & New Zealand

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it is bringing its digital fintech platform to Australia and New Zealand. Wirecard reported its platform is now available in New Zealand for e-commerce services and Australia for omnichannel solutions. As part of… Read More

Ripple Set to Open New Office in Dubai By the End of 2018

Ripple has reportedly announced it is set to open a new office in Dubai by the end of 2018. According to CCN, the company’s Global Infrastructure Innovation Head, Dilip Rao, indicated at the 2018 Global Islamic Economic Summit that it will be focused on cross-border payments… Read More

UK Fintech Fea Now Seeking £100,000 Through Crowdcube Funding Round

Fea, UK-based fintech that offers a mobile-first, fixed fee credit card, is now seeking £100,000 through its equity crowdfunding campaign on Crowdcube. The startup reported that it is on a mission to make borrowing “a better experience.” The company’s idea comes from its founder Faisal Khalid’s personal experiences, with $130,000… Read More

Fintech Startup Birdylabs Secures $3 Million Through First Investment Round Led By Rising Sun

Early-stage fintech company Birdylabs announced on Friday it secured $3 million through its first investment round, which was led by the Rising Sun investment company. Launched earlier this year, Birdylabs notably integrates into online banking services and learns from the habits and expenses of customers to offer… Read More

Startupbootcamp Scale FinTech Opens Applications For Second Cohort

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Startupbootcamp Scale FinTech Mexico City announced on Wednesday the opening of applications for its second cohort and invites the best growth stage fintech startups. The accelerator claims to be the only fintech scaling program in Latin America and is designed for growth stages companies specialized… Read More

ICICI Bank Launches Instant Digital Credit Facility for Small Payments “PayLater”

India-based banking group ICICI Bank announced on Thursday the launch of its instant digital credit facility, PayLater, which was created to enable customers small-ticket ticket items immediately in a completely digital and paperless manner. The launch of this new feature was announced days after ICICI… Read More

UK Fintech Jaja Now Seeking £3 Million Through Seedrs Funding Round

Jaja Finance, a UK-based fintech startup, is now seeking £3 million through its equity crowdfunding campaign on Seedrs. This news comes after the launch of the company’s new mobile-first credit card, Jaja, which is managed entirely through the Jaja app, is designed to liberate consumers by redefining the… Read More

Unicorn: UK Challenger Bank Monzo Secures £85 Million Through Latest Investment Round Led By General Catalyst; Announces Upcoming Crowdfunding Round, Valuation Tops $1 Billion

UK-based challenger bank Monzo announced on Wednesday it successfully secured £85 million through its latest investment round, which was led by General Catalyst, alongside Accel and the startup’s existing investors. The company’s valuation is now at $1 billion. Founded in 2015, Monzo describes itself as a fintech startup that “lives… Read More

Even Financial Announces Acquisition of Birch Finance

Even Financial, the platform powering financial services online, announced on Wednesday it is set to acquire Birch Finance, which is described as a personal finance app that helps everyday consumers find the best credit cards and optimize their rewards. This upcoming acquisition comes just a couple… Read More

Nordea Announces Roll Out of Google Pay

European financial group Nordea announced on Tuesday it has expanded its digital payment offering by adding Google Pay. According to Nordea, customers in all Nordic countries can now use Google Pay at contactless payment terminals and in apps and online stores. All Nordea’s consumer cards and Nordea First… Read More

Startupbootcamp Debuts First Fintech Accelerator in Dubai

Startupbootcamp announced on Tuesday it has launched its FinTech Accelerator program in Dubai in order to support the city in its bid to become what it claims to be a world leader in financial services innovation and technology. The accelerator program organizer revealed that over the… Read More

Commerce Bank Teams Up With SixThirty to Support Fintech Startups

Commerce Bank announced on Monday it has formed a multi-year partnership with SixThirty, a St. Louis-based venture fund that invests in fintech startups. The bank reported that through the partnership it will provide hands-on training and mentoring to the companies selected to take part in SixThirty’s business… Read More

Hong Kong Fintech Spiking Raises $30 Million Through Oversubscribed Private Token Sale

Spiking, a Hong Kong-based fintech that’s blockchain platform allows traders to find Whales (i.e. key executives behind cryptocurrency tokens, mining pools and/or large holders) and follow their cryptocurrency trades, successfully secured $30 million through its oversubscribed private token sale. Founded in 2016, Spiking stated it aims… Read More

Grab Teams Up With Mastercard to Offer Prepaid Credit Cards

Singapore-based ride-hailing company Grab has reportedly teamed up with financial giant Mastercard to launch its new prepaid credit cards. This news comes less than a month after Grab received its e-money license for mobile wallet service in the Philippines.  According to TechCrunch, the new deal with Mastercard will… Read More

Temenos Update: Increasing Development of AI Capabilities Throughout Digital Banking Platform

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Fintech software provider Temenos (SIX: TEMN) announced on Wednesday it is increasing the development of Artificial Intelligence capabilities throughout its digital banking platform. The company reported that its Temenos AI initiative will enable banks to offer personalized services to customers, augment users’ decisions with data-driven machine intelligence,… Read More

Digital Money Transfer Service Azimo Announces Expansion of European Operation By Opening New Amsterdam office

Azimo, a European digital money transfer firm based in London and Krakow, announced on Wednesday it has expanded further into Europe by opening a new office in Amsterdam. Azimo reported that the location will help it grow its share of the global cross-border payments market…. Read More

Cross Border Fintech XTransfer Secures $10 Million Through Series A Funding Round Led By China Merchants Group

XTransfer, a China-based cross-border financial technology company dedicated to serving foreign trade B2B enterprises today announces it has secured a $10 million through its Series A funding round, which was led by China Merchants Group with participation from 01VC, Yunqi Partners and Gaorong Capital. Founded in 2017, XTransfer… Read More

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