Tagged: fintech

March 29, 2018 @ 10:03 am By Samantha Hurst  |  

Global blockchain fintech firm QUOINE announced on Thursday four new appointments to its leadership team. The company reported the following has been appointed: Jason Wagner: Chief People Officer- Brings more than 25 years experience and spent the last ten years in Singapore in financial services and consumer-related executive search. Prior to… Read More

March 28, 2018 @ 9:20 am By Samantha Hurst  |  

On Tuesday, global fintech firm Broadridge Financial Solutions announced it has completed the acquisition of Israel-based digital technology company, ActivePath. According to Broadridge, ActivePath’s technology enhances the consumer experience associated with consumer statements, bills, and regulatory communications.  ActivePath notably extends Broadridge’s ability to transform and… Read More

March 27, 2018 @ 4:13 pm By Samantha Hurst  |  

Ally Financial Inc. (NYSE: ALLY), a Michigan-based digital financial services company, is set to open a new innovation hub in the Camp North End, which is located in Charlotte, North Carolina. The company describes itself as an award-winning online bank and one of the largest full-service… Read More

March 27, 2018 @ 10:56 am By Samantha Hurst  |  

Oodle Car Financing, a UK-based car fintech startup, has secured a 100 million facility from Citigroup. Founded in 2016, the company states its goal is match customers with the right loans, cars, and dealers. “In this fast-paced world owning a car should be affordable for… Read More

March 26, 2018 @ 2:21 pm By Samantha Hurst  |  

Dubai International Financial Centre (DIFC), an international financial hub in the Middle East, Africa and South Asia (MEASA) region, announced on Monday important developments in its Fintech ecosystem that further strengthen its position as MEASA’s number one and one of the world’s top ten FinTech… Read More

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