Tagged: fintech

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

February 14, 2018 @ 10:04 am By Samantha Hurst  |  

Silicon Valley Bank and First Data (NYSE: FDC), announced on Wednesday they have selected five startups to participate in Class 7 of Commerce.Innovated., an accelerator program that was designed to help commerce, payments, and fintech companies grow their businesses. According to the duo, this four-month virtual program provides participants… Read More

February 13, 2018 @ 1:48 pm By Samantha Hurst  |  

MoneyLion, the mobile personal finance platform, announced on Tuesday it has reached two million customer milestone. This news comes just one month after the platform secured $42 million through its Series B funding round, which was led by Edison Partners, with participation from FinTech Collective,  GRUPO Sura,… Read More

February 12, 2018 @ 3:54 pm By Samantha Hurst  |  

Finnish fintech Mash announced on Monday it has formed a partnership with Verifone to provide a pay-later solution for use in physical stores across Europe. According to Mash, the new service will provide consumers with an easy option to pay later, while still processing merchant payments… Read More

February 12, 2018 @ 2:09 pm By Samantha Hurst  |  

On Monday, CreditEase announced its fintech investment fund, along with next47 and BMW i Ventures, has invested in California automotive fintech company, Fair. This news comes after Fair announced the acquisition of Uber’s Xchange Leasing subsidiary’s leasing portfolio. According to CreditEase, Fair was launched in August… Read More

February 12, 2018 @ 10:58 am By Samantha Hurst  |  

Jianpu, a unit of Chinese fintech company Rong360 Inc, announced on Monday it has appointed Xiaoyan Zhang As its new Independent Director. According to the company,  Zhang is currently Assistant Dean and Xinyuan chair professor of finance at the PBC School of Finance, Tsinghua University with a research… Read More

February 9, 2018 @ 11:01 am By Samantha Hurst  |  

This week, Belgium fintech Cashforce announced it has secured €2 million through its Series A funding round, which is led by Volta Ventures and Michel Akkermans. Founded in 2012, the company states it enables  CFOs of medium-sized global companies to generate a detailed & accurate cash… Read More

February 7, 2018 @ 3:50 pm By Samantha Hurst  |  

On Wednesday the Ontario Securities Commission (OSC) today announced new members of its Fintech Advisory Committee (FAC), which advises OSC staff on developments and trends in the fintech space, as well as the unique challenges encountered by innovative businesses in the securities industry.  According to… Read More

February 7, 2018 @ 11:47 am By Samantha Hurst  |  

Neighborly Corporation, a San Francisco-based public fintech platform, announced on Wednesday it is teaming up with the UC Berkeley Blockchain Lab, and Berkeley elected officials, to launch the Berkeley Blockchain Initiative (BBI). The BBI will leverage blockchain technology to develop a first-of-its-kind tokenized municipal bond compliant with all regulatory… Read More

February 6, 2018 @ 4:12 pm By Samantha Hurst  |  

Canadian fintech firm and direct online access to securely vaulted and insured precious metals, Goldmoney, Inc., announced on Tuesday it has appointed Steve Fray as Chief Financial Officer effective immediately. The company reported that Fray, who previously served as Senior Vice President of Finance and Operations, will replace… Read More

February 6, 2018 @ 3:38 pm By Samantha Hurst  |  

Barclays announced on Tuesday that after three months of intensive product development, mentoring, and networking, the nine companies of its New York accelerator program are set to showcase their fintech proposals at a demo day. According to the company, the demo day marks the culmination… Read More

February 6, 2018 @ 2:18 pm By Samantha Hurst  |  

SixThirty, a global fintech venture firm, announced on Tuesday it is now seeking fintech entrepreneurs to join its Spring 2018 portfolio and participate in the go-to-market program, SixThirty 2.0. According to the firm, selected startups will receive up to a $250,000 investment, up from $100,000, in tandem with… Read More

February 2, 2018 @ 9:25 pm By Samantha Hurst  |  

On Thursday, online marketplace eBay announced it has signed an agreement with Dutch fintech Adyen to become its primary payments processing partner. The company revealed it intends to further improve its customer experience by intermediating payments on its Marketplace platform.  By doing this, it will… Read More

February 2, 2018 @ 9:54 am By Samantha Hurst  |  

dv01, the data management, reporting, and analytics platform that offers institutional investors transparency and insight into lending markets, announced on Friday it has appointed Amy Johnson as its new Chief Operating Officer. According to dv01, Johnson began her career as an Investment Banker in the… Read More

February 1, 2018 @ 4:00 pm By Samantha Hurst  |  

Plug and Play Japan announced on Thursday that Mobility is a new genre for its startup accelerator program in addition to Fintech, IoT, Insurtech for the Batch 1 program. This new Mobility program is being launched in partnership with Nissan Motor as a leading partner…. Read More

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

Brazilian fintech EBANX announced on Wednesday it has secured a $30 million investment from FTV Capital. The company states it is focused on helping global merchants grow exponentially and increase revenue in Latin America by offering end-to-end local payments solutions, which allows businesses to sell to… Read More

February 1, 2018 @ 10:44 am By Erin Hobey  |  

The German Artificial Intelligence-based collections company collectAI has partnered with payments provider Pay360 by Capita for its UK launch. With collectAI as the tech provider, Pay360 aims to build a branded receivables management solution for its business and government clients. By partnering with Pay360, collectAI, an… Read More

January 31, 2018 @ 12:52 pm By Samantha Hurst  |  

California-based fintech BlueVine announced it has doubled the credit line size for its invoice factoring product to up to $5 million, underscoring the online business lender’s push to offer fast and flexible working capital financing to small and medium-sized businesses.  The company also increased the limit… Read More

January 31, 2018 @ 10:47 am By Erin Hobey  |  

Revolut officially launched its cryptocurrency feature, allowing all Revolut customers to buy, hold and exchange cryptocurrencies in-app in seconds, as the innovative fintech platform sticks to its mission and continues to disrupt traditional banking by mainstreaming cryptocurrencies. “We have been amazed by the incredible demand… Read More

January 31, 2018 @ 9:54 am By Samantha Hurst  |  

Finn.ai, an AI-powered virtual assistant built for personal banking and finance, announced on Wednesday it has appointed Stephen Morse its new Head of Global Strategic Accounts. According to Finn.ai, Morse has extensive global experience with disruptive, growth businesses within the fintech space. He led enterprise sales organizations… Read More