Tagged: fintech

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

February 26, 2018 @ 11:12 am By Samantha Hurst  |  

On Monday, the Monetary Authority of Singapore (MAS) announced it signed a Memorandum of Understanding (MoU) with the Government of Maharashtra (GoM) to strengthen cooperation in promoting FinTech innovation in the two markets. The MoU was signed at a ceremony at the Magnetic Maharashtra event in India…. Read More

February 26, 2018 @ 10:34 am By Samantha Hurst  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Monday that Canada-based Kawartha Credit Union will leverage technology from Fiserv to streamline operations and enhance the credit union’s ability to deliver highly personalized service to its 50,000 members. According to Fiserv,… Read More

February 26, 2018 @ 9:22 am By Samantha Hurst  |  

Credible, a very promising early stage fintech marketplace, announced on Monday it has appointed Chris Bishko as its new chief financial officer (CFO). According to the company, Bishko has more than 20 years of experience in technology and financial services as an investor and investment… Read More

February 21, 2018 @ 1:05 pm By Samantha Hurst  |  

On Wednesday, Canada-based fintech and global digital investing service, WealthSimple, announced it has secured £37 million through its latest investment round, which was led by Power Financial. Founded in 2014, Wealthsimple describes itself as a new kind of financial advisor, which is one that is… Read More

February 21, 2018 @ 12:31 pm By Samantha Hurst  |  

Last week, FinTech Scotland announced its first partnership with New Zealand fintech hub, FinTechNZ. According to the Scotland hub, FinTechNZ is The New Zealand Financial Innovation & Technology Association. It is a working group focused on delivering economic growth in New Zealand through financial innovation. Slightly… Read More

February 21, 2018 @ 9:00 am By Samantha Hurst  |  

Greenlight Financial Technology, Inc., a Georgia-based fintech company that created a smart debit card for kids, teens, and college students, announced on Wednesday it secured $16 million during its latest Series A financing round, which was led by  TTV Capital with participation from existing investors, New Enterprise Associates Inc…. Read More

February 20, 2018 @ 1:14 pm By Samantha Hurst  |  

Texcent Asia, a Singapore-based payments company, announced on Tuesday it has received remittance license from Monetary Authority Singapore (MAS). The company powers financial platform Paycent, which is described as a company that’s dedicated to delivering fully integrated mobile applications and aims to be the global leader in… Read More

February 20, 2018 @ 9:30 am By Samantha Hurst  |  

Switzerland fintech space, F10 Incubator and Accelerator, announced on Tuesday the final selection of fifteen startups for Batch III of its praised P2 Prototype to Product Program. According to the program, successful startups have undergone one of the most rigorous selection processes in the industry. Speaking… Read More

February 17, 2018 @ 7:28 am By Samantha Hurst  |  

Wirecard, a Germany-based global provider of digital payments and commerce solutions, announced this week it has expanded its expanding its collaboration with German bank, ReiseBank. The duo recently rolled out the mobile banking app bankom. According to Wirecard, the companies are providing users with a completely… Read More

February 17, 2018 @ 7:00 am By Samantha Hurst  |  

Lydia, the French mobile payments firm, announced this week it has raised €13 million through its latest funding round, which was led by CNP Assurances with participation from XAnge, New Alpha AM, Oddo BHF and Groupe Duval. The company reported it plans to use the latest funds… Read More

February 16, 2018 @ 11:13 am By Samantha Hurst  |  

Danish fintech Clearhaus announced on Friday it now supports payments made with Apple Pay. The company reported that Apple products have always been popular in the Nordics, but it’s success hinges on how well banks, payment gateways, and acquirers offer Apple Pay solutions to stores and webshops…. Read More

February 15, 2018 @ 12:37 pm By Erin Hobey  |  

Santander InnoVentures, the fintech venture capital fund of Santander Group, has invested in San Francisco-based startup Roostify, specialized in the digitalization of the process of obtaining a mortgage, enabling it to be done even via smartphone. Founded in 2014, Roostify built its enterprise platform with… Read More

February 15, 2018 @ 12:00 pm By Samantha Hurst  |  

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company, has secured a strategic investment from Citi Ventures and PNC. The company, which was founded in 2006, states its HighRadius Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic… Read More

February 15, 2018 @ 11:49 am By Erin Hobey  |  

Millions of Africans now have access to financial systems thanks to cashless systems using digital technology; consequently, more and more people are seeing the benefits of mobile banking, according to Ecobank, a leading independent pan-African banking group. Ecobank, the main sponsor at the Africa Tech summit… Read More