Tagged: fintech

April 19, 2018 @ 10:16 pm By Samantha Hurst  |  

Digital Financial Services Lab (DFS Lab), a fintech accelerator funded by the Bill and Melinda Gates Foundation,  announced on Thursday it will invest $200,000 in four separate startups that are building financial service products for low-income and unbanked consumers in developing markets. Cherehani Africa (Kenya), NALA (US), Nobuntu (South… Read More

April 19, 2018 @ 1:00 pm By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Wednesday it has launched its new API developer platform that will allow developers in companies of all sizes, across any sector, access to its technology. According to Tink, the new platform… Read More

April 19, 2018 @ 12:00 pm By Samantha Hurst  |  

The Hong Kong Polytechnic University (PolyU), announced on Thursday it has teamed up with AMTD Group Company and AMTD Foundation to launch a new university-industry collaborated fintech center. According to PolyU, the AMTD Fintech Center of PolyU Faculty of Business aims to enhance Hong Kong’s capabilities to… Read More

April 19, 2018 @ 9:02 am By Samantha Hurst  |  

Temenos (SIX: TEMN), the banking software company, announces that the audience of Innovation Jam London named Callsign the winner of the regional competition. According to Temenos, the fintech startup was one of 10 contestants to showcase their solution to an audience of banking and technology leaders. Founded… Read More

April 19, 2018 @ 8:28 am By Samantha Hurst  |  

China-based consumer finance platform LexinFintech announced on Thursday it is planning to invest a total of ¥1 billion in partner cooperations over the next three years in order to better save its customers and expand its credit services. According to LexinFintech, Jay Wenjie Xiao, the company’s… Read More

April 18, 2018 @ 3:49 pm By Samantha Hurst  |  

Fintech company OpenFin announced on Wednesday it has appointed Mark Yallop a new non-executive board director. According to the company, Yallop is an experienced industry practitioner dedicated to driving innovation and standards in capital markets. OpenFin also reported that Yallop serves as an Independent Member of… Read More

April 18, 2018 @ 1:24 pm By Samantha Hurst  |  

On Wednesday, global innovation platform Plug and Play and international financial center Abu Dhabi Global Market (ADGM) announced they have established the Plug and Play ADGM office and the go-live date for its signature fintech innovation program for Abu Dhabi and the wider Middle East and… Read More

April 18, 2018 @ 12:01 pm By Samantha Hurst  |  

BNP Paribas, the global Top-10 bank headquartered in France, announced on Wednesday it is set to compete against other money transfer services such as PayPal, Venmo, and Lydia by deploying its new mobile payment solution, Paylib Between Friends. According to BNP Paribas, Paylib is described as a person-to-person… Read More

April 16, 2018 @ 10:20 am By Samantha Hurst  |  

United Overseas Bank Limited (UOB) and Chinese fintech Pintec Technology Holdings Limited (PINTEC) announced on Monday they have teamed up to launch a new joint venture, Avatec.ai (S) Pte Ltd (Avatec), which aims to help banks and finance companies to be more efficient and accurate… Read More

April 16, 2018 @ 9:42 am By Samantha Hurst  |  

Silot, a Singapore-based fintech startup, announced on Monday it secured $2.8 million through its Pre-Series A funding round, which was led by Arbors Ventures and Eight Roads Ventures. The company reported that the latest funding round comes nine months after it received its initial seed… Read More

April 13, 2018 @ 9:11 pm By Samantha Hurst  |  

Regions Bank announced on Thursday it has invested in and formed a partnership with fintech mortgage and consumer digital lending technology platform provider, Lender Price. According to the bank, the duo will focus on streamlining Regions’ digital process and simplify interaction between banks, borrowers, and… Read More

April 13, 2018 @ 10:05 am By Samantha Hurst  |  

Akoni, a UK-based digital cash treasury manager, announced earlier this week it has partnered with Fitch Solutions to offer Financial Implied Ratings (FIRs) through the Akoni platform. According to Akoni, the FIRs from Fitch Solutions will enable the company to offer clients an impartial assessment of… Read More

April 13, 2018 @ 9:10 am By Samantha Hurst  |  

Banking giant Bank of America announced earlier this week it has launched its new product, Digital Mortgage Experience, to guide clients through the mortgage process through its mobile banking and online platforms. According to Bank of America, with advanced application prefill capabilities, clients may apply for a… Read More

April 12, 2018 @ 9:15 pm By Samantha Hurst  |  

Vio Digital, a South Africa-based fintech startup, announced on Thursday it is launching a new blockchain-based money transfer app to make it easier for customers to transfer money from person to person anywhere in the world. The company reports that across Africa, remittance solutions are typically… Read More

April 12, 2018 @ 9:26 am By Samantha Hurst  |  

On Tuesday, fintech startup Avoka announced that Colorado-based Alphine Bank has selected the Avoka Transact Platform to enhance its digital presence. Avoka reported that it will deliver completely digital account openings that include ID verification, funding, and immediate establishment of the account. The company noted… Read More

April 11, 2018 @ 4:08 pm By Samantha Hurst  |  

Chinese fintech and Alibaba-affiliated Ant Financial is preparing to launch a private funding round in order to secure up to $9 billion. According to various reports, the company is increasing the funding target from previous funding rounds that sought up to $5 billion. Ant Financial’s previous fundraising round… Read More

April 11, 2018 @ 3:10 pm By Samantha Hurst  |  

Liberis, a UK-based fintech, announced on Wednesday it secured £57.5 million in combined funding from British Business Investments, Paragon Bank, BCI Finance, and Blenheim Chalcot. According to Liberis, the new facility and equity investment will accelerate our growth to help support an estimated 100,000 UK jobs by… Read More

April 11, 2018 @ 12:57 pm By Samantha Hurst  |  

On Tuesday, ATB Financial announced the city of Alberta will get a boost in its contribution to the national artificial intelligence (AI) industry through a four-year partnership between it and the University of Alberta. According to ATB Financial, a group of students, paired with selected… Read More

April 11, 2018 @ 10:09 am By Samantha Hurst  |  

Vodi, the financial and messaging app that always gives back more to its users, has just announced a new partnership with Viettel America (VTA), a subsidiary of Viettel Group, the international telecommunications conglomerate. The duo revealed that through the partnership they will work together to launch exciting… Read More

April 11, 2018 @ 9:17 am By Samantha Hurst  |  

LendIt Fintech, the world’s leading event in financial services innovation, announced on Wednesday the winners of its sixth annual PitchIt competition and 21 winners of its second annual LendIt Industry Awards.  global competition for fintech startups to attract funding, mentorship, endorsement, and exposure to institutions,… Read More