Ping An Fin+Tech Accelerator, powered by SparkLabs, announced on Friday the launch of its first batch. According to the accelerator, 10 companies were selected out of more than 120 applicants from around the world with applicants ranging from seed stage to Series B companies. Ping… Read More
Read more in: Fintech, Asia | Tagged fintech, ping an, ping an fin+tech accelerator, sparklabs
FinTech Scotland announced on Thursday its new board members, who will work with CEO Stephen Ingledew and the FinTech Scotland team to oversee the strategic plans for making Scotland a “top five” global fintech center. The board member announcement comes just one month after FinTech… Read More
Read more in: Fintech, General News | Tagged board members, fintech, fintech scotland, scotland
Trezeo, a UK-based fintech startup that’s focused on delivering financial stability to the self-employed, announced on Thursday the launch of its equity crowdfunding campaign on Seedrs. The company is now seeking £400,000 to help fully launch its income smoothing business account product and kickstart its growth… Read More
Read more in: Offerings | Tagged fintech, seedrs, self-employment, trezeo, uk, united kingdom
Nationwide, a UK-based building society, announced on Wednesday the launch of its new £50 million fintech venture fund to support its future technology strategy. The company reported it is prioritizing new partnerships that deliver benefits to members over profit alone, as it challenges startups to… Read More
Read more in: Fintech | Tagged fintech, nationwide, uk, united kingdom
UK-based fintech firm ipushpull announced on Wednesday it has appointed Damian Sutcliffe as its new advisor. Sutcliffe served for more than 20 years at Goldman Sachs and was the EMEA CIO, Head of Regulatory Architecture and Global Head of Enterprise Data before retiring. ipushpull reported… Read More
Read more in: Fintech | Tagged fintech, uk, united kingdom
Toyota Financial Services (TFS) announced on Wednesday it has formed a global partnership with Silicon Valley innovator Plug and Play. The company reported that the partnership was created to promote corporate innovation with startup companies offering financial services solutions. Through the new collaboration, TFS will promote… Read More
Read more in: Fintech, Global | Tagged fintech, global, innovation, partnership, plug and play, toyota financial services
Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), announced on Tuesday it has teamed up with Santander UK to launch a new inter-bank management system for Santander UK corporate customers. According to Infosys Finacle, Santander will introduce an inter-bank cash management portal to… Read More
Read more in: Fintech | Tagged corporate customers, fintech, infosys finacle, santander uk, uk, united kingdom
The DCU FinTech Innovation Center, a program focused exclusively on fostering pre-seed and seed-stage financial technology companies in New England, announced on Thursday the ten new start-up ventures in its Summer 2018 cohort. As previously reported, the Center is fully funded by Digital Federal Credit Union and… Read More
Read more in: Fintech, Blockchain & Digital Assets | Tagged blockchain, boston, dcu fintech center, fintech, new england
On Thursday, Asian fintech MatchMove announced it has enabled the first contactless prepaid Mastercard in South Asia. According to MatchMove, the new card is being issued by India’s Federal Bank, is distributed under the brand name tmw by The MobileWallet Pvt. Ltd, India’s first complete payment solution,… Read More
Read more in: Asia, Fintech | Tagged fintech, mastercard, matchmove, prepaid card, south asia
Temenos (SIX: TEMN), the banking software company, announced on Thursday the launch of Finn AI on Temenos MarketPlace, which is a platform for facilitating the exchange of value between fintech providers and financial institutions. According to Temenos, Finn AI, which is working with financial institutions such as Bank of… Read More
Read more in: Fintech | Tagged finn.ai, fintech, temenos, temenos marketplace
On Wednesday, KeyBank announced it has acquired digital lending platform for small businesses Bolstr. According to Key, the fintech software, which is expected to be implemented later this year, will enable the banking group to provide faster and easier access both to SBA loans and to… Read More
Read more in: Investment Platforms and Marketplaces, Fintech | Tagged acquisition, fintech, jamie warder, keybank
Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Wednesday it has launched installment financing on its e-commerce platforms. This news comes just a couple of weeks after PINTEC secured $103 million through its latest financing round, which as led by Mandra Capital and SINA Corp…. Read More
Read more in: Fintech, Asia | Tagged asia, china, fintech, pintec
HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, announced on Tuesday it has expanded into Katy, Texas, which is near Houston, Texas. This news comes just a few months after the company secured a strategic investment from Citi Ventures and PNC. As previously… Read More
Read more in: Fintech | Tagged expansion, fintech, highradius, saas, software as a service, texas
On Tuesday, U.S. fintech Brex announced the launch of its new corporate card that’s specifically designed to help startups qualify based on funding rather than credit history. This news comes just after Brex completed its Series B funding round, bringing its total funding to $57… Read More
Read more in: Fintech | Tagged brex, corporate card, fintech, startups, u.s., united states
Chinese fintech Yirendai announced on Tuesday global investment banking group Goldman Sachs has provided it with RMB 324 million of funding for a term of three years. While sharing details about the investment, Dennis Cong, Chief Financial Officer of Yirendai, stated: “We are very excited to see the… Read More
Read more in: Asia, Fintech | Tagged china, fintech, goldman sach, investment, yirendai
Finance Montréal announce on Monday the launch of the Montréal FinTech Station, which had financial support from the Government of Québec. According to Finance Montréal, the Montréal FinTech Station’s mission will be to support the development of new businesses in the financial technology sector as well as help… Read More
Read more in: Canada, Fintech | Tagged canada, fintech, hub, montreal
Finastra announced on Monday it has acquired Malauzai, a Texas-based provider of mobile and Internet banking solutions for community financial institutions. The company reported that this new deal reflects its commitment to the U.S. retail and business banking sectors by further enabling digital transformation for… Read More
Read more in: Fintech | Tagged acquisition, finastra, fintech, malauzai
Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Monday it has teamed up with Dollar Bank to launch the bank’s new digital banking and payment capabilities with a focus on the customer experience. According to Fiserv, Dollar Bank will build on its… Read More
Read more in: Fintech | Tagged digital banking, fintech, fiserv, partnership
UK-based fintech Revolut announced last week a new update with its mobile app, which recently relaunched with a new look. The company debuted new Accounts, Analytics, and Payment Screens. “Our product designers and engineers have been hard at work building a new Accounts screen from the ground up. They’ve… Read More
Read more in: Fintech | Tagged fintech, mobile app, revolut
German mobile bank N26 recently announced it serves more than one million customers across the European continent. The company reported that it has doubled its customer base over the last nine months. According to N26, the monthly transaction volume exceeds €1 billion, signaling high levels of… Read More
Read more in: Fintech | Tagged fintech, germany, milestone, n26
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