Tagged: fintech

March 26, 2018 @ 12:46 pm By Samantha Hurst  |  

On Monday, banking giant Citi announced it is set to launch comprehensive, new mobile capabilities on the Citi Mobile App for iPhone to serve the full spectrum of clients in the U.S. According to Citi, the features, which will roll out in the upcoming weeks, will… Read More

March 26, 2018 @ 12:09 pm By Samantha Hurst  |  

Candex, a California-based enterprise payments processor, announced last week it secured $3.5 million in seed funding from  Edenred Capital Partners, Partech Ventures, Advisors.Fund, Camp One Ventures, NFX, Tekton Ventures, Big Sur Ventures, and Mark Goines. As part of the round, Goines has joined Candex as… Read More

March 26, 2018 @ 10:30 am By Samantha Hurst  |  

The Singapore FinTech Association (SFA) and the Fintech Association of Japan (FAJ) announced on Monday they have signed a Memorandum of Understanding (MOU) to create stronger relationships and greater fintech cooperation between the two countries. According to the duo, this partnership will see the associations… Read More

March 26, 2018 @ 10:05 am By Samantha Hurst  |  

Galileo, a U.S.-based payments processors and program management firm, announced on Monday it has grown and even expanded capabilities that address timely issues impacting the payments industry, including fraud and cryptocurrency. Founded in 2000, Galileo claims to be one of the largest payment processors and… Read More

March 26, 2018 @ 9:03 am By Samantha Hurst  |  

Less than two weeks after announcing the launch of its new financial services, ride-hailing company Grab announced on Monday it has acquired Uber’s Southeast Asia operations. This deal is the largest-ever of its kind in Southeast Asia. Grab reported it will integrate Uber’s ridesharing and food delivery business in… Read More

March 23, 2018 @ 3:00 pm By Samantha Hurst  |  

NFP, an insurance broker and consultant that provides employee benefits, property & casualty (P&C), retirement and individual private client solutions, announced on Thursday it is launching a new venture fund focused on strategic partnerships and investments in the emerging Insurtech, Fintech and HR Tech industries. Shawn Ellis,… Read More

March 23, 2018 @ 1:00 pm By Samantha Hurst  |  

On Thursday, fintech startup SuperMoney announced its loan offer engine has processed more than $500 million in loan requests since its launch in April 2017. The company, which was founded in 2013, states it is making personal finance “fun and accessible” by building a community… Read More

March 23, 2018 @ 12:00 pm By Samantha Hurst  |  

Bank of the West and L’Atelier BNP Paribas announced on Friday they are now accepting applications for Finlabs, which is described as a program that will join several of the Bank’s business lines with Silicon Valley’s best and brightest startups to collaboratively launch transformative and… Read More

March 23, 2018 @ 10:22 am By Samantha Hurst  |  

App-only banking start-up Fiinu, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. The initiative was launched last month and sought the funds for a 6.67% equity stake at a pre-money valuation of £7 million. As previously reported, the aspiring digital… Read More

March 22, 2018 @ 10:46 pm By Samantha Hurst  |  

FINTECH Circle, a global community of fintech entrepreneurs, angel and VC investors, financial services professionals and fintech thought-leaders, announced on Thursday it has teamed up with Abu Dhabi Global Market (ADGM) to launch a range of FINTECH Education Courses for the United Arab Emirates (UAE)…. Read More

March 22, 2018 @ 2:00 pm By Samantha Hurst  |  

Global internet and entertainment group Naspers announced on Thursday it is planning to sell up to 190 million Tencent Holdings Limited (Tencent) shares, equal to approximately 2% of Tencent’s total issued share capital, which would reduce its stake in Tencent from 33,2% to 31,2%. The… Read More

March 22, 2018 @ 12:00 pm By Samantha Hurst  |  

SixThirty, a global fintech venture firm based in St. Louis, announced on Thursday it has reached agreements with, BNY Mellon’s Pershing, Detalus, Enterprise Bank & Trust and World Wide Technology to join its roster of premier global financial services and technology partners. Founded in 2013, SixThirty… Read More

March 22, 2018 @ 9:27 am By Samantha Hurst  |  

Credit card giant Visa is set to launch a new $50,000 innovation contest in the fintech industry of Sub-Sahara Africa. This news comes just a few months after Visa announced the launch of its fintech bootcamps for African startups. The contest will run under the company’s… Read More

March 22, 2018 @ 9:03 am By Samantha Hurst  |  

On Thursday, Boston-based fintech FinMason announced it has appointed David Remstein as its first president and COO. According to FinMason, Remstein will be responsible for driving planning and managing the growth of the company in terms of personnel, clients, products, and geographies. The new president/COO… Read More

March 21, 2018 @ 3:38 pm By Samantha Hurst  |  

On Tuesday, the Royal Bank of Canada (RBC) announced it has opened its very own API developer platform. According to the bank, the RBC Developers platform will allow eligible external software developers, industry “innovators,” and clients to access select RBC APIs. While sharing more details… Read More

March 21, 2018 @ 12:10 pm By Samantha Hurst  |  

Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced on Wednesday it was opening of its new European Innovation and Investment Center in London. According to Motive Partners, the 14,000 sq. ft. space that will facilitate and drive collaborative… Read More

March 21, 2018 @ 9:36 am By Samantha Hurst  |  

Block.one, the developer behind blockchain software EOS.IO, and fintech investment company FinLab AG announced they have teamed up to launch a $100 million joint venture to accelerate the development of EOS.IO projects in Europe. The EOS.IO software reportedly provides accounts, authentication, databases, asynchronous communication and… Read More

March 20, 2018 @ 12:08 pm By Samantha Hurst  |  

FinTech Sandbox announced on Tuesday that Sageworks, which offers lending, credit risk, and portfolio risk solutions to banks and credit unions, has signed on to be its new data partner. According to the organization, Sageworks will make banking and indices data available to early-stage fintech startups… Read More

March 20, 2018 @ 11:10 am By Samantha Hurst  |  

Swiss Fintech Temenos (SIX: TEMN) announced on Tuesday it has formed a partnership with MAINSYS, a provider of IT services to the Belgian financial services sector. According to Temenos, the new partnership brings together MAINSYS’ knowledge and experience in providing digitalization services for the banking sector,… Read More

March 20, 2018 @ 10:02 am By Samantha Hurst  |  

Tyro, an Australia-based challenger bank, announced last week the launch of its new feature, “Tap & Save.” According to the fintech startup, Tap & Save allows merchants to save money by processing debit tap-and-go payments through the more economical eftpos network. Tyro reported that Tap &… Read More