Tagged: fintech

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

April 11, 2018 @ 8:49 am By Samantha Hurst  |  

Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday the launch of its Galileo Cryptocurrency API to bridge the gap between cryptocurrencies and mainstream payments. According to Galileo, the cryptocurrency solution enables customers to seamlessly deposit funds denominated in cryptocurrencies to their accounts,… Read More

April 10, 2018 @ 11:19 am By Samantha Hurst  |  

EMQ, a fintech firm with an extensive financial settlement network in Asia, announced on Tuesday a strategic partnership with Kotak Mahindra Bank to expand EMQ’s network footprint in India. This partnership will aid in meeting the growing demand for instant remittances to the country from more… Read More

April 9, 2018 @ 4:06 pm By Samantha Hurst  |  

California-based startups innovation hub GSVlabs announced on Monday it secured $7 million through its Series B financing round, which was led by a syndicate of private investors, including partners from the leading Latin American asset manager HMC Capital. Founded in 2012, GSVlabs engages with startups, corporations, international agencies, mentors,… Read More

April 9, 2018 @ 2:54 pm By Samantha Hurst  |  

Atlanta-based fintech direct loan provider, LendingPoint, announced on Monday it is set to accept loan payments and disburse loans through debit cards thanks to its agreement with TabaPay.  LendingPoint reported it will allow borrowers to use debit cards for loan payments they make online or over… Read More

April 9, 2018 @ 2:11 pm By Samantha Hurst  |  

Cross River Bank announced on Monday as it approaches its 10th anniversary it has experienced a surge in growth and surpassing significant milestones as it grows its customer base, offerings and strategic partnerships designed to revolutionize the banking infrastructure. The company reported that in 2017,… Read More

April 5, 2018 @ 5:00 pm By Samantha Hurst  |  

Plug and Play announced on Thursday the 156 startups accepted into eight of its programs. These programs will run from April through June and include Energy & Sustainability, Enterprise 2.0, Health & Wellness, Insurtech, Internet of Things, Mobility, Real Estate, and Travel & Hospitality. The organization… Read More

April 5, 2018 @ 4:00 pm By Samantha Hurst  |  

Canadian fintech lender PayBright announced on Thursday its e-commerce financing solution is now available for merchants operating the IBM Websphere Commerce platform. According to PayBright, the e-commerce solution integrates with merchant’s e-commerce platforms and provides Canadian customers with an additional payment option at checkout. Upon selecting PayBright… Read More

April 5, 2018 @ 9:12 am By Samantha Hurst  |  

Ethis Ventures, a venture firm based in Malaysia, announced on Thursday it has signed a crowdfunding partnership agreement with the Islamic Development Bank Group (IDB) at the IDB Annual Meeting in Tunisia. According to Ethis, The IDB, under the dynamic leadership of President HE Hajjar… Read More

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

Bitt, a Barbados-based fintech company, announced this week it closed its Series A investment round with an investment from retail giant Overstock.com of $16 million, placing the company’s valuation at $50 million. Founded in 2013, Bitt states it utilizes distributed ledger technology to improve speed, efficiency,… Read More