Tagged: fintech

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

August 28, 2018 @ 10:01 am By Samantha Hurst  |  

Modo, U.S.-based payments technology startup focused on creating interoperability between payment systems, announced on Tuesday it has teamed up with Etihad Airways to co-create a loyalty solutions program. According to the fintech, this new program is for the airline industry as part of the FinTech… Read More

August 27, 2018 @ 12:19 pm By Samantha Hurst  |  

U.S. Fintech FinMason announced on Monday it has integrated with Orion Advisor Services (Orion), a portfolio management solutions provider for registered investment advisors, to power Orion’s native Monte Carlo capabilities. According to FinMason, through Orion’s Insight dashboard, Orion users may now access the power of FinMason’s institutional-grade… Read More

August 27, 2018 @ 9:55 am By Samantha Hurst  |  

LumoXchange, U.S.-based fintech payments company, announced on Monday the launch of its money transfer service to the Philippines. The company reported it has built a platform that allows users to compare exchange rate offers from the leading banks in the Philippines and send money. Users… Read More

August 26, 2018 @ 3:01 pm By Samantha Hurst  |  

Independent financial advisory organization, deVere Group, recently announced the launch of its investment mobile, deVere Core. According to deVere, the deVere Core app was created due to a “seismic shift in client expectations.” deVere Group founder and CEO, Nigel Green, stated that the new app is… Read More

August 25, 2018 @ 12:07 am By Samantha Hurst  |  

With its highly successful Crowdcube campaign set to close next week, UK-based fintech Glint is set to close the funding round with nearly £1.8 million thanks to more than 1,200 investors.  As previously reported, Glint was founded in 2015 and is now on a mission… Read More

August 22, 2018 @ 12:30 pm By Samantha Hurst  |  

On Tuesday, Samsung Electronics Co., Ltd. celebrated the third anniversary of its mobile payment platform, Samsung Pay. According to the electronics giant, Samsung Pay, which was launched in August 2015, has experienced major growth and is now available on 6 continents and 24 markets, this includes the… Read More

August 18, 2018 @ 9:56 pm By Samantha Hurst  |  

The Cambodia Fintech Association (CFA) announced its official launch on Wednesday. The organization revealed it is focused on the country’s fintech community, which are fintech startups, accelerators and VCs. According to its website, the CFA is on a mission to become the national, not-for-profit organization… Read More

August 17, 2018 @ 9:44 am By Samantha Hurst  |  

CreditEase FinTech Investment Fund (CEFIF), the U.S.-based Fintech Fund of the Chinese fintech CreditEase, reportedly co-lead in the recent seed funding round of fintech gamification app Blast. Launched earlier this year, Blast, which was  Acorns founder and Chairman, Walter Cruttenden, was designed to help gamers save… Read More

August 16, 2018 @ 12:00 pm By Samantha Hurst  |  

Deposit Solutions, a Germany-based opening banking and international platform for savings deposits, announced on Wednesday it secured $100 million through its latest investment round, which was led by Vitruvian Partners with participation from Kinnevik and existing shareholders including Deposit Solutions‘ first institutional shareholder e.ventures. The funds reportedly bring… Read More

August 14, 2018 @ 4:37 pm By Samantha Hurst  |  

Progressa, a Vancouver-based financial technology company focused on helping sub-prime and near-prime Canadians seeking to improve their financial health, announced on Tuesday it secured $84 million through its latest equity funding round, which was led by Canaccord Genuity and Gravitas with participation from Eight Capital and Paradigm… Read More

August 14, 2018 @ 3:07 pm By Samantha Hurst  |  

On Tuesday, UK-based challenger bank Monzo announced the launch of its new product, joint accounts. This news comes just a little over a week after the fintech revealed new accounts specifically for 16-17-year-olds. Monzo reported that for the past month its joint accounts have been available… Read More

August 14, 2018 @ 9:12 am By Samantha Hurst  |  

VersaPay (TSXV: VPY),  a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Tuesday the launch of its new mobile app for its accounts receivable platform, ARC. According to VersaPay, the new app further enhances users’… Read More

August 13, 2018 @ 12:46 pm By Samantha Hurst  |  

UK-based fintech Flux recently announced it has formed a partnership with itsu, an Asian-inspired fast food shop and restaurant chain, to deliver paperless receipts. According to Flux, itsu are launching a Flux receipts trial across all stores in the UK in a push to continue driving a sustainable and… Read More

August 10, 2018 @ 9:00 pm By Samantha Hurst  |  

UK fintech Glint announced on Friday it has decided to extend its equity crowdfunding campaign on Crowdcube. The extension news comes just after the funding round secured more than from £1.6 million from nearly 1,000 investors. As previously reported, Glint is on a mission to reintroduce… Read More

August 10, 2018 @ 10:16 am By Samantha Hurst  |  

Holistic financial health platform Even announced on Friday it has opened its new office in Raleigh, North Carolina. This news follows the company securing $40 million through its Series B funding round. Founded in 2014, Even describes itself as a mission-driven technology company working to help Americans… Read More

August 10, 2018 @ 8:59 am By Samantha Hurst  |  

InstaReM, a Southeast Asia’s digital cross-border money transfer service provider, announced on Friday it has appointed Nilesh Pathak as its new Chief Technology Officer. Pathak will reportedly lead the company’s technology team, divided between India and Lithuania, driving the firm’s technology strategy, architecture, development as… Read More