Tagged: fintech

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

November 6, 2018 @ 10:10 am By Samantha Hurst  |  

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

November 6, 2018 @ 7:20 am By Samantha Hurst  |  

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

November 5, 2018 @ 1:18 pm By Samantha Hurst  |  

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

November 5, 2018 @ 8:24 am By Samantha Hurst  |  

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

November 4, 2018 @ 2:33 pm By Samantha Hurst  |  

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

November 2, 2018 @ 9:58 pm By Samantha Hurst  |  

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

November 2, 2018 @ 7:59 am By Samantha Hurst  |  

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

November 1, 2018 @ 5:00 pm By Samantha Hurst  |  

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

November 1, 2018 @ 9:11 am By Samantha Hurst  |  

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

November 1, 2018 @ 8:44 am By Samantha Hurst  |  

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

October 31, 2018 @ 10:09 am By Samantha Hurst  |  

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

October 31, 2018 @ 8:18 am By Samantha Hurst  |  

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