Tagged: fintech

March 9, 2018 @ 8:23 am By Samantha Hurst  |  

The Hong Kong Monetary Authority (HKMA) announced on Friday it has signed a Memorandum of Understanding (MoU) with the Polish Financial Supervision Authority (KNF) exchanged a Memorandum of Understanding (MoU to enhance fintech collaboration between the two authorities, with a view to strengthening co-operation between… Read More

March 8, 2018 @ 10:12 am By Samantha Hurst  |  

Sentbe, a digital money transfer operator in South Korea, announced this week it has teamed up with TransferTo, a global cross-border mobile payments network for emerging markets to offer its customers greater flexibility and reach to perform real-time money transfers from South Korea to more than 60 countries across… Read More

March 7, 2018 @ 3:37 pm By Samantha Hurst  |  

Entersekt, a South African-based fintech, announced this week it is launching a digital payments enablement product, Connekt, which will add new payment services to banking apps notably quickly and easily. According to the company, Connekt helps financial institutions resolve this quandary. It puts at their disposal… Read More

March 7, 2018 @ 3:11 pm By Samantha Hurst  |  

Digital payment platform Alipay announced this week it has reached a new partnership milestone with Canada-based fintech Motion Pay Technology Inc. According to the company, the partnership has resulted in a significant number of merchants across Canada enabling Alipay at point-of-sale.  According to the duo, Alipay is now accepted… Read More

March 7, 2018 @ 11:54 am By Samantha Hurst  |  

Pockitapp, a new mobile fintech app that lets consumers immediately convert the change from cash transactions and sends it to their phone, is now available to retail and food establishments in Orlando, Florida. Founded in 2016, Pockit’s mission is to convert physical change into digital currency… Read More

March 7, 2018 @ 11:36 am By Samantha Hurst  |  

Global Fintech Hub LATTICE80 announced on Wednesday it has signed a memorandum of understanding (MoU) with Nanyang Polytechnic mid last year in 2017 to offer a first-of-its-kind fintech experience programme for its year 1 and 2 students. This news comes just as Lattice80 prepares to launch… Read More

March 7, 2018 @ 9:54 am By Samantha Hurst  |  

The Symbiosism Economy Foundation (SEF) announced on Tuesday it has become a member with voting rights of the Singapore FinTech Association (SFA), a cross-industry, non-profit association that aims to be a platform for collaboration between all market participants and stakeholders in the financial technology ecosystem. Established in… Read More

March 6, 2018 @ 2:59 pm By Samantha Hurst  |  

California fintech Credible announced on Monday it has appointed former Sindeo general counsel Jobe Danganan as its new general counsel and corporate secretary. According to the company, Danganan previously served as an enforcement attorney at the Consumer Financial Protection Bureau (CFPB), the U.S. regulator for consumer financial products,… Read More

March 6, 2018 @ 1:32 pm By Samantha Hurst  |  

Property Master, a UK-based digital buy-to-let broker, has successfully secured its initial £250,000 funding target through its equity crowdfunding campaign on Seedrs. The initiative has attracted nearly 150 investors since its launch in January. As previously reported, Property Master was founded in 2016 and states that its… Read More

March 5, 2018 @ 3:41 pm By Samantha Hurst  |  

BBVA Open Talent, a fintech competition, announced on Monday it will this year mark its tenth anniversary by working with more start-ups than ever before. Organizers revealed that the competition will look to find the very best fintech ideas from anywhere in the world before… Read More

March 5, 2018 @ 12:15 pm By Samantha Hurst  |  

Last week, fintech collaboration platform B-Hive announced it has signed Memorandum of Understanding (MoU) with the Fintech & Payments Association of Ireland (FPAI), which will allow the duo to strengthen collaboration between Belgium and Ireland. According to B-Hive, the MoU was signed on the occasion… Read More

March 2, 2018 @ 2:11 pm By Samantha Hurst  |  

Wecash, a China-based fintech and big data tech company, announced on Friday it secured $160 million during its latest Series D funding round, which was led by ORIX Asia Capital and SEA Group, with participation from SIG, Sagamore, Forebright, Lingfeng Capital and Hongdao Capital.  Founded… Read More

March 2, 2018 @ 9:43 am By Samantha Hurst  |  

On Friday, London-based FinTech firm Humaniq revealed it is marking the milestone of its mobile app reaching its first 50,000 downloads by unveiling a new, improved version. The company reported: “Humaniq announced a Free Secure Chat & Crypto-Wallet App and a new referral program for its… Read More

March 1, 2018 @ 3:00 pm By Samantha Hurst  |  

Validus Specialty Underwriting Services, Inc. (Validus Specialty) announced on Thursday a comprehensive package policy specifically designed for private U.S. fintech companies. According to the company, the solution is designed to address Fintech’s complex risk management needs, which are traditionally underserved by incompatible and inadequate policy forms. Speaking about… Read More

February 28, 2018 @ 2:57 pm By Samantha Hurst  |  

Zoe Financial, New York-based financial tech startup that was founded by Andres Garcia-Amaya, former JP Morgan Global Market Strategist, has launched its services that are aiming to transform how high-earners approach their personal finances, starting with their relationship with a financial advisor. The company, which describes itself as a digital… Read More

February 27, 2018 @ 2:30 pm By Samantha Hurst  |  

Current, the fintech platform that allows teens to connect their money with the people, brands and experiences they value, announced on Tuesday that Fifth Third Capital, a direct equity investment subsidiary of Fifth Third Bancorp (NASDAQ: FITB), has joined the recently announced Series A funding,… Read More

February 27, 2018 @ 12:13 pm By Samantha Hurst  |  

trueEX, a New York-based electronic, CFTC-regulated exchange for interest rate swaps, announced on Tuesday it has opened a Singapore office to provide trading access for interest rate swaps denominated in 28 currencies, including 11 in the Asia-Pacific region. The company reported that on the back of significant volume growth, dealer… Read More

February 27, 2018 @ 8:14 am By Samantha Hurst  |  

ID Finance, the emerging markets fintech firm, announced on Tuesday it is incorporating behavioral biometrics into its AI-based fraud scoring engine to eliminate fraud while boosting loan approvals and reduce the incidence of non-performing loans. According to the company, the behavioral biometrics system studies the unique typing… Read More

February 26, 2018 @ 9:47 pm By Samantha Hurst  |  

NatWest announced on Monday it is launching four specialist fintech accelerators based in its Bristol, Edinburgh, London and Manchester hubs. According to NatWest, up to 80 fintech businesses will benefit from Dell EMC’s expertise through regular technology reviews and sales strategy analysis. Entrepreneurs will also be… Read More

February 26, 2018 @ 11:39 am By Samantha Hurst  |  

Last week, the Middle East and African fintech hub, Bahrain FinTech Bay, announced it is now officially open for business. Along with its opening, it also announced startups and founding partners. Bahrain FinTech Bay claims it is the region’s largest fintech and is aiming to… Read More