Tagged: fintech

May 30, 2018 @ 2:41 pm By Samantha Hurst  |  

Onist, a collaborative financial platform that gives families and professionals a complete picture of household net worth and cash flow, announced on Tuesday it has formed a new partnership with fintech firm Quovo to provide reliable financial data to Onist’s Canadian clients. The collaboration comes just… Read More

May 30, 2018 @ 10:24 am By Samantha Hurst  |  

Pleo, a Denmark-based fintech startup, announced on Wednesday it secured $16 million through its Series A investment round led by Kinnevik to expand its company card services in Europe. Founded in 2015, Pleo offers smart payment cards for employees, which enables them to buy the things… Read More

May 30, 2018 @ 10:00 am By Samantha Hurst  |  

Chinese fintech and Alibaba-affiliated Ant Financial Service Group announced on Wednesday it has signed a strategic cooperation agreement with Shanghai Pudong Development Bank Co., Ltd. to support the bank’s digital transformation with Ant Financial’s technological capabilities. Ant Financial reported that the agreement is the third of its… Read More

May 29, 2018 @ 2:54 pm By Samantha Hurst  |  

MassChallenge, a global network of zero-equity startup accelerators, announced on Tuesday it will launch its newest vertical accelerator to support and grow startups in the fintech industry. According to MassChallenge, the MassChallenge Fintech, which will be headquartered in Boston, will match later-stage fintech startups with… Read More

May 29, 2018 @ 11:21 am By Samantha Hurst  |  

On Tuesday, U.S.-based global venture capital fund Rokk3r Fuel ExO announced it has formed a new partnership with the Holt Fintech Accelerator Program. The partnership will reportedly enable Rokk3r Fuel ExO, which targets startups with exponential models in the segments of fintech, property tech, artificial intelligence/machine learning and IoT,… Read More

May 29, 2018 @ 11:16 am By Erin Hobey  |  

Azimo, a European digital money transfer firm based in London and Krakow, has raised $20M in a Series C round led by Rakuten Capital. This latest funding fund, which also received backing from investors such as e.ventures, Frog Capital, GR Capital Partners and Greycroft Partners, brings… Read More

May 28, 2018 @ 8:52 pm By Samantha Hurst  |  

Last week, fintech firm Crédit Mutuel announced the extension of its partnership with IBM (NYSE: IBM) to devise new ways of working to better serve the bank’s 12 million customers. Crédit Mutuel reported it has selected IBM Cloud, Watson and advanced cybersecurity technologies to fundamentally change… Read More

May 23, 2018 @ 2:42 pm By Samantha Hurst  |  

On Wednesday, the EY Americas Tax Innovation Foundry announced plans to host a FinTech Pitch Day on June 28th at District Hall in Boston. EY reported it is inviting fintech startups from around the globe to pitch disruptive technology solutions. Twelve applicants will be selected to present to EY… Read More

May 23, 2018 @ 10:48 am By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday its launch into the U.S. Named as one of Australia’s fastest growing fintech companies by IDC, initial retailers integrating its “buy-now, pay-later” platform includes popular fashion and lifestyle retailer Urban… Read More

May 23, 2018 @ 9:07 am By Samantha Hurst  |  

Flywire, a fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced on Tuesday a major expansion of its UK and European operations and team. Flywire reported it has moved into new space on Folgate Street in London’s Spitalfields District,… Read More

May 23, 2018 @ 8:46 am By Samantha Hurst  |  

On Tuesday, Finastra welcomed four early adopters to its FusionFabric.cloud open platform. US-based Fintechs, including Tradle, Conversation.one, Active Allocator and GreenPoint Financial, are now on board to design and create apps on Finastra’s platform. According to Finastra, the addition of the fintechs represents the next wave of… Read More

May 22, 2018 @ 1:44 pm By Samantha Hurst  |  

Plaid, a California-based fintech firm, announced on Tuesday it is expanding into its first international market, Canada. Founded in 2012, Plaid focuses on enabling innovation and democratizing financial services through technology. The company reported it built consumer experience, developer-friendly infrastructure, and intelligence tools that give users… Read More

May 22, 2018 @ 1:02 pm By Samantha Hurst  |  

Radius Bank, a virtual bank focused on providing clients with banking solutions to better financial health, announced on Tuesday the launch of its new rewards program that offers enhanced benefits, such as increased transaction limits and cash back opportunities, for loyal customers. According to Radius… Read More

May 22, 2018 @ 9:55 am By Samantha Hurst  |  

Flywire, a fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced this week it has partnered with SP Jain School of Global Management to launch a startup competition, the Flywire Challenge, to power a new generation of transformative entrepreneurship in Singapore and the APAC… Read More

May 21, 2018 @ 4:07 pm By Samantha Hurst  |  

Digital challenger bank Revolut announced last week it is now asking customers to help name its new and exclusive metal card. Revolut reported that last year, it released the Revolut Premium account, which offers the choice of four exclusive card designs, unlimited foreign exchange transactions, overseas medical… Read More

May 21, 2018 @ 2:50 pm By Samantha Hurst  |  

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced over the weekend that it is now accepting applications for its 2018 program, kicking off a competitive search for the top fintech and insurtech innovators in the region…. Read More

May 21, 2018 @ 10:44 am By Samantha Hurst  |  

On Monday, credit card giant Mastercard announced the launch of its new initiative for fintech startups called Accelerate. According to Mastercard, the initiative is designed to support the ambitions of players in the FinTech sector through tailored support arrangements including access to insight, tools, technology, and… Read More

May 18, 2018 @ 11:18 am By Samantha Hurst  |  

Temenos (SIX: TEMN), a banking software company, announced on Friday that Atoma Technologies has joined the Temenos MarketPlace, which is a platform for facilitating the exchange of value between fintech providers and financial institutions. According to Temenos, Atoma provides dedicated software-testing tools for banks implementing… Read More

May 18, 2018 @ 9:47 am By Samantha Hurst  |  

On Friday, CEO and Co-founder of iZettle, Jacob de Geer announced he and his team have reached an agreement with PayPal to acquire the Swedish fintech. The acquisition agreement comes less than two weeks after the company announced its plan to proceed with an initial public… Read More

May 17, 2018 @ 12:55 pm By Erin Hobey  |  

What began as an advising board position developed into job opportunity for former BOA Merrill Lynch Managing Director of Equity Markets Rene van Kesteren, who joined BlockFi as its new Chief Risk Officer. BlockFi, based in New York City, serves crypto investors by offering USD loans… Read More