Tagged: fintech

UK Digital Bank Monese Milestone: Hits 500,000 Sign Ups

Digital challenger bank Monese has successfully attracted 500,000 sign-ups to its banking platform. Founded in 2013, Monese is licensed and regulated by the UK Financial Conduct Authority (FCA). It describes itself as an award-winning banking account that users can open instantly on their phones. The company claims… Read More

London Proptech Firm Goodlord Forms New Open Banking Partnership With TrueLayer

Goodlord, a UK-based proptech platform, has formed a new open banking partnership with TrueLayer. Founded in 2014, Goodlord reports that its cloud-based platform is trusted by hundreds of agencies across the UK. The company has created a one-stop-shop by providing access to a dynamic suite… Read More

Silicon Valley Bank & First Data Welcomes Class 8 of Commerce.Innovated.

Earlier this week, Silicon Valley Bank and First Data (NYSE: FDC) announced they have selected five startups to participate in Class 8 of Commerce.Innovated., an accelerator designed to help commerce, payments and fintech companies grow their businesses. According to the duo, the Commerce.Innovated. four-month program provides participants with operational mentorship… Read More

Overfunding: Glint Quickly Surpasses £1.25 Million Funding Target Through Crowdcube Campaign; Addresses GoldMoney Founder’s Criticism

Just days after launching its equity crowdfunding campaign on Crowdcube, UK fintech Glint has successfully secured its initial £1.25 million funding target, thanks to nearly 300 investors. The funding round is part of Glint new Series A funding round, which is seeking a total of… Read More

Money20/20 Launches Rise Up Program to Foster Gender Inclusivity Within the Financial Services & Fintech Industries

On Wednesday, Money20/20 announced the upcoming launch of Rise Up, a program that was created in an effort to foster gender inclusivity within both the financial services and fintech industries. According to Money20/20, Rise Up is also designed to empower the next generation of female… Read More

Payments & Loyalty App Yogo Surpasses One Million Users

Yoyo, a mobile payment and marketing platform, announced on Wednesday it has surpassed one million users and claims to be one of the fastest growing fintech startups in Europe. Founded in 2013, Yoyo describes itself as the fastest growing mobile wallet in Europe. For shoppers, it is an… Read More

Xignite Milestone: Now Receives Five Billion API Requests Per Day For Financial Data

Fintech

Xignite, a provider of market data cloud solutions for financial institutions and fintech companies, announced on Wednesday it has reached a milestone of serving five billion API requests per day. Founded in 2006, Xignite provides cloud-based financial market data APIs to help emerging companies and established… Read More

UK Fintech Glint Now Seeks £1.2 Million Through Crowdcube Campaign As Part of the Company’s £15 Million Series A Financing Round

Following the announcement that Glint was seeking a total of £15 million through Series A financing round to expand into the U.S. and Japan by the end of this year, the UK fintech launched an equity crowdfunding campaign on Crowdcube to raise £1,250,000 as part of the Series… Read More

Oppenheimer Appoints Rahul Buxani As New Managing Director Focused on Fintech

Investment bank, wealth manager, and Oppenheimer Holdings subsidiary, Oppenheimer & Co, Inc. announced on Tuesday it has appointed Rahul Buxani as its new Managing Director focused on Fintech. According to Oppenheimer, Buxani’s appointment is part of a significant strategic expansion of its commitment to the… Read More

Regtech Securrency Announces Partnership With SharesPost

Securrency, a regtech firm that has created platform designed to streamline regulatory compliance for token offerings, announced on Friday it has formed a strategic partnership with SharesPost, a provider of private company liquidity solutions and private capital markets research, to help drive tokenized securities trading to the… Read More

UK Fintech Inflo Announces Key Appointments to Fuel Growth

Inflo, a UK-based fintech firm, announced on Monday it has appointed Kathryn Woolgar and Kim Oliverto its senior management team as part of its growth plans. Founded in 2016, Inflo stated it helps accountants provide more valuable services to their clients and it specializes in… Read More

Asia Fintech Innovation Hub Stone & Chalk Launches New Mega Hub

Asian fintech innovation hub, Stone & Chalk, announced this week it is uniting fintech across the eastern seaboard with the launch of a new national capability, known as a mega hub, across its new home at the Goods Shed North in the heart of Melbourne’s… Read More

UK Fintech Glint Now Seeking £15 Million Through Series A Financing Round to Expand into the U.S. & Japan By the End of 2018

UK fintech Glint announced on Thursday it is now seeking £15 million through its Series A financing round to expand into the U.S. and Japan by the end of this year. This news comes nearly eight months after the company launched its mobile app, which allows… Read More

BBVA Announces Finalists For Open Talent Fintech Competition

BBVA has announced the finalists of Open Talent, the world’s biggest fintech competition. As previously reported, BBVA revealed that this year’s competition is looking for “the best and brightest” ideas that will shape the future of financial services, with three prizes available.  “The competition looks for the… Read More

Saudi Arabia’s Capital Market Authority Grants First Two Trial Fintech Licenses

Fintech

Last week, Saudi Arabia’s Capital Market Authority (CMA) announced the approval of the first two trial financial technology licenses to Manafa Capital and Scopeer. According to the organization, these trial licenses will qualify the two companies to provide crowd-funding service in the Kingdom of Saudi Arabia…. Read More

Mastercard Partners With U.S. Fintech Strands to Provide Issuing Banks With Digital Cash Management & Commercial Payment Tools Platform

On Monday, U.S. fintech startup Strands announced it is teaming up with Mastercard to provide issuing banks with an integrated platform of digital cash management and commercial payment tools that is specifically designed to benefit small-to-medium enterprises (SMEs). According to Strands, the Strands Business Financial… Read More

UK Fintech Paysme Now Seeking £200,000 Through Crowdcube Funding Round

Paysme, a UK-based fintech startup, is now seeking 200,000 through its equity crowdfunding campaign on Crowdcube. Launched in May 2018, the company stated it aims to deliver increase mobile engagement by championing small business owners in their local communities as they help shape the future of… Read More

TransferWise Launches Money Transfer Services in Hong Kong

Fintech unicorn, TransferWise, launched its money transfer services in Hong Kong last week. This news comes just a few weeks after the company launched the services in Argentina. As previously reported, TransferWise converts that money at a better rate and pays the transfer out using local pools… Read More

Canadian Fintech Flinks Secures $1.5 Million Through Seed Funding Round Led By National Bank of Canada & Luge Capital

Flinks, a Canadian fintech that provides banks and other fintechs with a data gateway platform that enables digital onboarding, risk modeling, and insights, announced earlier this week it secured $1.75 million through its latest seed funding round. The company reported that its partners now include National… Read More

Gamer Platform Razer Launches E-Wallet Service in Malaysia

Gamer platform Razer announced earlier this week it is launching its Razer Pay e-wallet in Malaysia, with making its global debut in Kuala Lumpur. The launch is reportedly made possible through Razer’s partnership with the Berjaya Corporation Berhad. Founded in 2005, Razer claims to be the… Read More

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