Less than a month after launching its global cryptocurrency API solution, Galileo, a U.S.-based payments processors and program management firm, announced on Tuesday the launch of its new securities solution assist asset managers, registered investment advisors, broker-dealers, wealth managers and robo-advisors to build world-class financial products that… Read More
Q2, a Texas-based digital banking solution provider, announced on Tuesday the launch of its new card-enabled payment solution, Biller Direct. The company reported that the payment solution designed to consolidate and present direct biller relationships and provide a new revenue model for financial services providers…. Read More
Read more in: Fintech | Tagged fintech, paul walker, payment solution, q2
Middle East alternative asset management firm Gulf Capital announced on Monday it has acquired a strategic stake in Saudi Arabia fintech, Geidea. According to the company, this deal with Geidea is claimed to be the largest acquisition in the Saudi Fintech sector to date and the… Read More
Read more in: Fintech | Tagged fintech, geidea, saudi arabia, transaction
Swedish fintech platform iZettle announced on Tuesday its plan to proceed with an initial public offering (IPO) or and to list its shares on Nasdaq Stockholm. Founded in Stockholm in 2010, iZettle reported its a mission to help small businesses succeed by revolutionizing mobile payments with… Read More
Read more in: Fintech | Tagged fintech, initial public offering, ipo, izettle, nasdaq, sweden
LATTICE80 announced on Tuesday it is currently planning to launch Crypto Exchange exclusively for institutional investors. According to LATTICE80, the new exchange will be catered to Institutional Investors and it will have a market-making engine to provide liquidity to other exchanges and funds. While sharing more details… Read More
Read more in: Blockchain & Digital Assets, Asia, Fintech, Global | Tagged crypto exchange, fintech, institutional investors, joe seunghyun cho, lattice80, singapore
CredoLab, a Singapore-based fintech provider of mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers, announced on Thursday it secured a $1 million investment from established global venture capital firm Walden International. Established in 2016, CredoLab is headquartered in Singapore was previously backed… Read More
Read more in: Asia, Fintech | Tagged asia, fintech, investment, singapore
HCS Capital Partners, a Miami-based private equity and operating firm, announced on Thursday it has completed a $1 million investment in Chilean-based fintech Ceptinel. The company reported that this new investment represents its third investment of 2018, with the recent investments in Figo Pet Insurance… Read More
Read more in: Fintech, Regtech & Legaltech | Tagged fintech, investment, regtech
Fintech firm FIS, along with The Venture Center, announced on Thursday the ten startups that were selected for the 2018 Fintech Accelerator Program. The program, which is sponsored by FIS and the State of Arkansas, is focused on identifying and accelerating the development of early-stage fintech… Read More
Read more in: Fintech | Tagged arkansas, fintech, fintech accelerator program, fis, the venture center
On Tuesday, fintech Quovo announced it is officially expanding into Canada with partial support by an investment from its partners at Portag3 Ventures. This news comes less than a month after Quovo rolled out new products to improve its lending value chain. While sharing details… Read More
Read more in: Canada, Fintech | Tagged adam felesky, fintech, lowell putnam, quovo
The Monetary Authority of Singapore (MAS) announced on Tuesday that the third edition of the Singapore Fin Festival will be held on November 12th through the 16th. The organization reported that this year’s festival will include two new “elements,” which are the following: ASEAN FinTech Showcase:… Read More
Read more in: Asia, Fintech | Tagged asia, fintech, mas, monetary authority of singapore, singapore, singapore fintech festival, sopnendu mohanty
The Intellectual Property Office of Singapore (IPOS) announced last week the launch of the country’s new Fintech Fast Track initiative in order to accelerate patent application-to-grant processing. According to the organization, the initiative expedites patent application-to-grant process for fintech inventions and fintech patents can be expected to… Read More
Read more in: Asia, Fintech | Tagged asia, fintech, fintech fast track, patents, singapore
On Thursday, Zelle announced more than $25 billion was moved through the Zelle Network during the first quarter of 2018. The person-to-person service revealed this is a 15% increase from the previous quarter and had 85 million transactions, which was up 14% from the previous quarter… Read More
Read more in: Fintech | Tagged fintech, mobile app, transaction, zelle, zelle network
BNP Paribas, along with Plug and Play, announced on Friday that 11 fintech and insurtech startups have joined Season 3 of their collaborated acceleration program. BNP Paribas reported that it began its partnership with Plug and Play in 2016 and has since launched an international program… Read More
Read more in: Fintech, Insurtech | Tagged acceleration program, bnp paribas, fintech, insurtech, plug and play
Billtrust, a fintech firm focused on B2B payment cycle management, announced earlier this week that it has acquired trade credit risk firm, Credit2B. Billtrust revealed that the transaction expands its Quantum solution suite with the addition of business credit reports, online credit applications, machine learning credit… Read More
Read more in: Fintech | Tagged acquisition, billtrust, fintech
Morgan Stanley (NYSE: MS) announced on Thursday it is set to host its inaugural Canada Technology Start-up Day at its Montreal Technology Centre today. The financial giant reported that the invitation-only event is providing some of Canada’s most promising emerging technology companies with the opportunity for… Read More
Read more in: Canada, Blockchain & Digital Assets, Fintech, General News | Tagged canada, fintech, morgan stanley, startups, technology
Investment firm Holdun announced on Thursday the launch of its Holt Fintech Accelerator. The accelerator, which is aimed globally, will support the next generator of entrepreneur talents operating in the fintech industry. The company also reported that the project is a nod towards Sir Herbert… Read More
Read more in: Fintech | Tagged accelerator, fintech
Boston-based fintech FinMason announced on Friday its Canadian launch with the rolling out of the Canadian dollar version of its investment analytics as a service platform. FinMason reported that the enhancement marks the first step in its international expansion efforts. According to FinMason, the new… Read More
Read more in: Canada, Fintech | Tagged canada, finmason, fintech, kendrick wakeman
Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has acquired 10% stake in blockchain and cryptocurrency specialist firm, Metaco. Founded in 2014, Metaco is described as a company that has developed specialist cryptographic solutions that be… Read More
Read more in: Blockchain & Digital Assets, Fintech | Tagged acquisition, adrien treccani, avaloq, blockchain, fintech, francisco fernandez, metaco, swiss, switzerland
Following its acquisition of Portland-based fintech Vault, micro-investing app Acorns announced the launch of its new retirement account product, Acorns Later. According to Acorns, the Acorns Later product is designed to work in the background of life, automatically recommending a retirement account and portfolio for customers. While sharing… Read More
Read more in: Fintech | Tagged acorns, fintech, noah kerner, randy fernando, retirement, vault
Pan African bank Ecobank announced earlier this week it is seeking fintech solution startups to apply for its second annual Ecobank Fintech Challenge. According to the bank, more than 850 applied for the competition during its first challenge last year. Entrepreneurs, startups, and developers who are… Read More
Read more in: Fintech | Tagged africa, challenge, ecobank, ecobank fintech challenge, fintech, startups
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