Tagged: fintech

September 11, 2018 @ 1:02 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Tuesday it has formed a partnership with online service provider Q Versicherung Service to provide online shop operators with an innovative, tailor-made insurance solution through the Checkout Portal. According to Wirecard, the Wirecard… Read More

September 10, 2018 @ 2:37 pm By Samantha Hurst  |  

Revolut, a digital-only bank that claims it is signing up over 120 businesses per day, announced on Monday it is planning to launch its services in Malta. The fintech reported it has already signed up more than 25,000 Maltese customers, around 6% of the population, and… Read More

September 10, 2018 @ 12:20 pm By Samantha Hurst  |  

Barclays announced on Monday the ten startups selected to participate in the 2018 New York Barclays Accelerator, powered by Techstars, which is described as an intensive program for fintech startups designed to help businesses accelerate their strategy and deliver breakthrough innovations. According to Barclays, the selected… Read More

September 10, 2018 @ 9:34 am By Samantha Hurst  |  

Beacon Platform, Inc., a global financial technology company, announced on Monday it has closed its Series A funding round, led by PIMCO, as previously announced. Global investment bank Barclays, as well as the Global Atlantic Financial Group also participated in the funding round. Since its… Read More

September 8, 2018 @ 2:01 pm By Samantha Hurst  |  

Sberbank announced on Friday it has formed a partnership with international accelerator 500 Startups to launch a new program specifically for Russian IT startups. According to Sberbank, the accelerator program is designed for the following areas: E-commerce Digital medicine Lifestyle services Cloud B2B services Advertising… Read More

September 7, 2018 @ 11:38 pm By Samantha Hurst  |  

Pan African banking group Ecobank announced on Friday the winners of the 2018 Ecobank Fintech Challenge. As previously reported, the Challenge’s contestants must be one of the following categories: Remittances Digital Sales/Marketing Offline mobile to mobile payments Digital Onboarding/ Account Opening/ KYC SME Intra-Africa Trade Platform Multi-Channel… Read More

September 7, 2018 @ 9:07 am By Samantha Hurst  |  

Global blockchain fintech firm QUOINE announced on Friday the launch of its new one-stop cryptocurrency trading platform, Liquid. According to QUOINE, Liquid is described as a unified, globally-sourced trading platform that bridges the worlds of fiat and crypto. The platform allows users to match trades across multiple… Read More

September 6, 2018 @ 9:37 pm By Samantha Hurst  |  

On Thursday, Merriam Webster announced it added more than 840 new words in the dictionary. The organization reported that words from digital technology are an “important part” of the new list and among those added was fintech. According to Merriam Webster, “Fintech” was first known… Read More

September 6, 2018 @ 8:35 pm By Samantha Hurst  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Thursday the launch of its new online account opening and loan application solution, Originate. According to Fiserv, the new solution was created to provide functionality and easy of use for both banks and… Read More

September 6, 2018 @ 3:00 pm By Samantha Hurst  |  

Finitive LLC, a fintech platform that provides institutional investors with direct access to alternative lending investments, announced on Thursday the closing of a $50 million senior secured warehouse credit facility for new residential real estate platform Bungalow. The fintech claimed that the transaction was the first… Read More

September 5, 2018 @ 1:53 pm By Samantha Hurst  |  

HSBC Commercial Banking announced on Wednesday the launch of its Women on the Rise in FinTech initiative, which is described as a program aimed to celebrate and encourage gender diversity by honoring the industry’s preeminent women. The initiative will also provide resources and guidance to help… Read More

September 4, 2018 @ 12:24 pm By Samantha Hurst  |  

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced on Tuesday the 22 startups that were selected for its 2018 accelerator program. According to FinTech Hive, the second edition of the program received more than 300 applications… Read More

September 4, 2018 @ 10:05 am By Samantha Hurst  |  

Jaja Finance, a UK-based fintech startup, announced on Monday the launch of its new mobile-first credit card, Jaja. According to Jaja Finance, the credit card, which is managed entirely through the Jaja app, is designed to liberate consumers by redefining the consumer experience, making credit cards simpler,… Read More

September 4, 2018 @ 8:13 am By Samantha Hurst  |  

Trezeo, a UK-based fintech startup that’s focused on delivering financial stability to the self-employed, has successfully secured its initial £400,000 funding target through equity crowdfunding platform Seedrs. The funding round was launched in late June and has attracted nearly 250 investors. As previously reported, Trezeo was founded… Read More

September 3, 2018 @ 9:28 am By Samantha Hurst  |  

UK challenger bank Starling Bank announced on Monday it has formed a partnership with insurtech startup Anorak. According to Starling Bank, Anorak is now set to provide impartial life insurance advice through the Starling Marketplace. Starling Bank also reported that Anorak’s mission is to make life insurance… Read More

August 31, 2018 @ 10:00 am By Samantha Hurst  |  

Thailand commercial bank Bangkok Bank announced this week it is now inviting startups from around the globe to participate in the second season of its InnoHub Fintech Accelerator program from now until October 7th. According to Bangkok Bank, the Bangkok Bank InnoHub Session 2 is… Read More

August 31, 2018 @ 8:22 am By Samantha Hurst  |  

Payscape, a U.S.-based fintech startup, announced on Friday it has formed a partnership with the National Construction Trade Association (NCTA) to offer its members financial technology and merchant processing. According to Payscape, the collaboration will also create “Non-Dues Revenue” for NCTA, and allow the organization… Read More

August 30, 2018 @ 8:31 pm By Samantha Hurst  |  

UK-based fintech Glint completed its highly successful Crowdcube funding round with a total of £2,166,290 invested from 1659 investors. The funding round was launched in July and quickly surpassed its initial funding target of £1,250,000. As previously reported, Glint was founded in 2015 and is now on… Read More

August 30, 2018 @ 3:00 pm By Samantha Hurst  |  

UK-based Finastra announced on Thursday it has joined the Bahrain FinTech Bay hub, which reportedly brings financial service players from various financial institutions, banks, and investors to fintech companies, developers, industry bodies and academics in order to drive innovation and create new growth opportunities. Finastra… Read More

August 30, 2018 @ 7:53 am By Samantha Hurst  |  

Digital challenger bank Starling Bank announced on Thursday the launch of its current accounts specifically for 16 and 17-year-olds. According to Starling Bank, the accounts will have the functionality of a full current account, empowering young people to manage their money effectively and offering them payment… Read More