Tagged: fintech

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

August 9, 2018 @ 8:56 am By Samantha Hurst  |  

India-based mobile wallet service provider Paytm announced on Wednesday it has acquired management startup Balance.Tech. Founded in 2010, Paytm claims to be India’s largest mobile payment and commerce platform. It offers a full marketplace for consumers through its mobile apps. The company’s investors include investors include… Read More

August 9, 2018 @ 8:01 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Thursday it has partnered with German direct bank comdirect to facilitate contactless payment through wearables. According to Wirecard,  in partnership with Visa payment technology, the duo is offering contactless payment through wearable devices during the 2018… Read More

August 8, 2018 @ 11:04 am By Samantha Hurst  |  

Popular watch brand, Fossil, announced earlier this week the launch of its fourth generation of smartwatches under its Fossil Q line. The new line offers some unique features, including untethered GPS, heart-rate tracking, and NFC feature, which is compatible with payment service, Google Pay. While sharing… Read More

August 8, 2018 @ 9:49 am By Samantha Hurst  |  

Pan African banking group Ecobank announced on Wednesday the finalists for of the Ecobank Fintech Challenge 2018, a competition for Africa-focused technology start-ups. The bank confirmed the list includes 11 fintech start-ups from across the continent and beyond. As previously reported, the Challenge’s contestants must be one… Read More

August 2, 2018 @ 12:00 pm By Samantha Hurst  |  

Novae, a U.S.-based fintech and insurtech firm, announced on Thursday the launch of Novaeplatform, which is described as a user-centric, universal, cross-border, all-digital, white label loyalty platform for banks that enables consumers and merchants to redeem points from any device using any type of payment… Read More

August 1, 2018 @ 10:06 am By Samantha Hurst  |  

On Tuesday, Stripe announced the launch of it Stripe Partner Program in order to amplify and help grow its platform as well as its plugin, and extend its partners. According to Stripe, thousands of companies work with the fintech to allow businesses and individuals to… Read More