Tagged: fintech

Money App Yolt New Milestone: Surpasses 500,000 in Customer Sign Ups

Yolt, an ING created smart thinking money app, has hit a new milestone. The fintech startup reportedly now has 500,000 users signed up for its services. Launched in the UK last year, Yolt is on a mission to innovate and collaborate in order to give… Read More

WorldPay Expands Real-Time Payout Services to More Than 50 Countries Worldwide

Global payments platform Worldpay, Inc. announced on Thursday the launch of its new payout solutions that give multi-national e-commerce businesses more choices to disburse funds to partners and customers across country borders. The company reported that it is expanding the service to more than 50… Read More

Fellow Finance Now Trading on Nasdaq First North Finland

Nasdaq announced trading in Fellow Finance Plc (Nasdaq:Fellow) shares commenced on Wednesday on Nasdaq First North Finland.  As previously reported, Fellow Finance will issue a total of 1,300,000 new shares in addition to which certain existing shareholders in the company are offering 1,293,658 shares in the… Read More

Global Fintech Ideanomics Announces Joint Venture Agreement With TPJ to Create Commodity & Energy Digital Asset Exchange

Ideanomics (formerly known as Seven Stars Cloud Group, Inc.) (NASDAQ: SSC), a global fintech and asset digitization services company, announced on Tuesday it has entered into a joint venture agreement with TPJ Ltd, to create Ideanomics Resources LTD a U.K. company based in London and create a commodity… Read More

Plug and Play’s Fintech Europe Selects 10 Startups for its Second Batch

Fintech

Fintech Europe, Plug and Play’s fintech-focused innovation platform based out of Frankfurt, Germany, announced on Monday it has selected 10 startups for its second batch. This platform, which is in partnership with Deutsche Bank, TechQuartier, BNP Paribas, Nets Group, Aareal Bank, DZ Bank, and Danske Bank,… Read More

TransferGo Offers “Free” International Money Transfers, Preps for Upcoming Seedrs Campaign

No fees for international transfer? Global remittance company TransferGo has reportedly launched the first “completely free” international money transfer service. Customers may transfer money around the world at “absolutely no cost”, averred the platform; in lieu of fees, the money transfer will be offered at the mid-market… Read More

Innovate Finance Announces Launch New Diversity Program led by the Women in FinTech Initiative

Innovate Finance announced on Wednesday the launch of its new diversity program, which is led by the Women in FinTech Initiative for 2018-19. While sharing more details about the program, Charlotte Crosswell, CEO fo Innovate Finance, stated: “We firmly believe that developing a more inclusive environment is at… Read More

Societe Generale Launches Global Markets Incubator Dedicated to Fintechs Specializing in Market Activities

Société Générale, France’s third-largest bank, announced earlier this week the launch of its new Global Markets Incubator, which is dedicated to fintech companies that are specializing in market activities. According to the bank, through the incubator, Societe Generale Corporate & Investment Banking (SG CIB) adopts a… Read More

German Challenger Bank Kontist Secures Series A Investment

Kontist, a Berlin-based challenger bank, announced on Tuesday it secured a Series A investment to expand the financial services available to freelancers, small businesses, and entrepreneurs. The round was led by Haufe Group, one of Germany’s providers of digital workplace solutions and services with participation from… Read More

BBVA Launches New Match-Making Services For Fintech Startups

BBVA announced last week the launch of its new match-making platform that’s specifically for fintech startups. Through the network, startups are now able to get in touch indirectly with the bank’s business units and offer technical solutions. “In an increasing competitive market, both the startup… Read More

Stripe Secures $245 Million in Funding Round Led By Tiger Global; Now Valued at $20 Billion

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Payments platform Stripe announced on Wednesday it secured $245 million through its latest funding round, which was led by Tiger Global. The new funds reportedly bring the Fintech’s value up to $20 billion. Founded in 2010, Stripe describes itself as a platform that offers a… Read More

Galileo Launches New Virtual Commercial Card Solution

Galileo

Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday the launch of its new virtual commercial card solution, which offers fraud detection and industry-leading features, including easy API implementation and software integration, on-demand virtual card creation and real-time alerts.  According to Galileo, the Galileo… Read More

Canada’s Tangerine Bank Announces New Partnership With Digital Banking Solutions Provider Meniga

Canadian direct bank Tangerine announced on Tuesday it has formed a partnership with digital banking solutions, Meniga. According to Tangerine, the new collaboration allows Tangerine to deploy Meniga’s digital banking solutions to all its clients, as part of its commitment to providing innovative solutions that help Canadians… Read More

British Fintech Nebeus Now Seeking £1.1 Million Through Crowdcube Funding Round

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Nebeus, a UK-based fintech platform that is used for the consumption and creation of financial services and products,  has launched an equity crowdfunding campaign on Crowdcube, seeking £1.1 million in funds.  Since beginning to trade in 2017, Nebeus reported it has captured a 50% quarterly year-to-date increase in sales… Read More

Humaniq Announces 24 Country Expansion

UK-based fintech Humaniq announced on Thursday it has launched the Humaniq App with full functionality, both wallet and crypto emissions, in an additional 24 countries. According to Humaniq,  the launch, which is from Asia to Latin America, takes the total list of nations Humaniq App operates… Read More

Plug and Play Singapore Announce First Batch of Startups Selected For Fintech & Insurtech Program

Plug and Play announced earlier this week the first batch of startups selected for its multi-corporate Fintech and Insurtech program in Singapore. The accelerator reported it screened over more than applicants for the program. While sharing more details, Kayvon Deldar, Program Head of Plug and Play… Read More

Sageworks Launches New Loan Automation Tool to Increase Speed Through Financial Institutions’ Lending Processes

Sageworks, a U.S. fintech that offers lending, credit risk, and portfolio risk solutions to banks and credit unions, announced on Tuesday the launch of its Sageworks Loan Automation tool to help financial institutions increase the speed and ease of their lending processes. According to Sageworks, the Sageworks Loan… Read More

Kreditech Shakeup: Founder Alexander Graubner-Müller Steps Down As Managing Director

Kreditech, a Germany-based fintech that’s targeting the digital banking space, announced on Friday that its founder and former CEO Alexander Graubner-Müller is stepping down from his operational role as a managing director. Graubner-Müller reportedly co-founded Kreditech with Sebastian Diemer in 2012 and after initially acting as… Read More

Georgia FinTech Academy to Open Two Physical Locations at Georgia State University Campus & Buckhead Center

Georgia State University

Georgia FinTech Academy, a statewide talent development initiative, announced earlier this week it will now have two physical locations at Georgia State University’s J. Mack Robinson College of Business, executive offices on the university’s downtown campus and a professional education hub at its Buckhead Executive… Read More

Current Debit Card & Mobile App For Teens Now Has 200,000 Users

Current-Black-DCFT

Current, a U.S.-based fintech company, announced on Wednesday is now has 200,000 users that are using its smart debit card & mobile app service. Founded in 2015 (and launched in 2017), Current states it provides collaborative banking solutions, starting with a smart debit card and app… Read More

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