Tagged: fintech

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

July 31, 2018 @ 11:00 am By Samantha Hurst  |  

On Tuesday, UK-based challenger bank Monzo announced it has recently set up a small customer support team in Las Vegas. The team was created to help Monzo scale its customer service as it grows, without relying on its team in the UK to work unsociable… Read More

July 31, 2018 @ 10:02 am By Samantha Hurst  |  

On Tuesday, U.S.-based fintech Happy Money announced it has formed three strategic alliance with Alliant Credit Union, First Tech Federal Credit Union, and Technology Credit Union to further proving credit union and Fintech partnership model success. Founded in 2009, Happy Money claims to be the only… Read More

July 27, 2018 @ 8:13 am By Samantha Hurst  |  

FinLeap, the fintech start-up platform behind Germany’s SolarisBank, announced on Friday it has launched B2B2X platforms Finreach Solutions and Infinitec Solutions for contextual finance. According to FinLeap, the new platform systems enable FinLeap’s cooperation partners to combine bundled solutions and all-in-one solutions with fintech companies, financial products,… Read More

July 26, 2018 @ 5:42 pm By Samantha Hurst  |  

Flywire, a U.S.-based fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced on Thursday it secured $100 million through its Series D funding round, which was led by Temasek, an investment company headquartered in Singapore, and with participation from… Read More

July 26, 2018 @ 3:00 pm By Samantha Hurst  |  

UK-based challenger bank Tandem announced on Thursday the launch of its new app feature that tells users when their payments have gone up. According to Tandem, the feature uses AI to track spending and lets app users know if the amount they’re being charged has increased. Tandem… Read More

July 26, 2018 @ 12:00 pm By Samantha Hurst  |  

LevelUp, a Boston-based mobile app fintech firm announced this week it has been acquired by GrubHub. According to the startup, although this new deal is still subject to regulatory approvals, Seth Priebatsch, Chief “Ninja” at LevelUp, wanted to share more details about the acquisition. According to Priebatsch,… Read More

July 25, 2018 @ 9:21 am By Samantha Hurst  |  

DBS announced on Tuesday the launch of Southeast Asia’s largest bank-led property marketplace. DBS claims it is also the first bank in the region to launch an online property marketplace that offers listings from both agents and owners. According to DBS, the DBS Property Marketplace… Read More

July 24, 2018 @ 12:56 pm By Samantha Hurst  |  

On Tuesday, UK fintech Centtrip announced it was now adding USD and EUR to card base currencies. Founded in 2013, Centtrip describes itself as a fintech pioneer that introducing “new dimensions” to the banking landscape with its smart technology. More than 16,000 companies and affluent individuals,… Read More

July 24, 2018 @ 9:42 am By Samantha Hurst  |  

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

July 23, 2018 @ 1:55 pm By Samantha Hurst  |  

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

July 20, 2018 @ 10:26 am By Samantha Hurst  |  

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

July 19, 2018 @ 3:00 pm By Samantha Hurst  |  

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

July 19, 2018 @ 10:02 am By Samantha Hurst  |  

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

July 18, 2018 @ 11:54 am By Samantha Hurst  |  

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