Tagged: fintech

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

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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

Wirecard Forms Partnership With Q Versicherung to Provide Insurance For Online Retailers

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

Revolut Announces Plans to Launch in Malta

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

Barclays Announces 2018 Fintech Accelerator Class

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

Global Fintech Company Beacon Closes Series A Funding Round Led By PIMCO With Participation from Global Atlantic Financial Group & Barclays

Money Benjamin Dollars 100

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

Sberbank Teams Up With 500 Startups to Launch New Russian IT Startups Program

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

Pan African banking group Ecobank Announces Winners of 2018 Fintech Challenge

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

Global Fintech Quoine Launches Cryptocurrency One-Stop Trading Platform “Liquid”

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

Merriam Webster Adds “Fintech” to Dictionary

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

Fiserv Launches New Online Account & Loan Application Challenge Solutions

Fintech

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

New York Fintech Finitive Facilitates $50 Million Warehouse Line of Credit For Real Estate Platform Bungalow

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

HSBC Commercial Banking Announces Women on the Rise in FinTech Initiative Launch

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

FinTech Hive Selects 22 Startups For 2018 Accelerator Program

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

UK Fintech Jaja Finance Announces Launch of Mobile-First Credit Card “Jaja”

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

Overfunding: UK Fintech Trezeo Surpasses £400,000 Funding Target on Seedrs

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

Starling Bank Announces New Partnership With Insurtech Anorak

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

Thailand Commercial Bank Bangkok Bank Announces Season 2 For InnoHub Fintech Accelerator

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

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