Tagged: fintech

January 19, 2018 @ 4:00 pm By Samantha Hurst  |  

Flywire, a Boston-based provider of global payment and receivables solutions for education, healthcare, and business, announced on Thursday it has acquired healthcare financial service firm and the parent company of OnPlanU and OnPlan Health, OnPlan Holdings LLC. Flywire will now offer an end-to-end solution with capabilities including invoicing, secure payment… Read More

January 17, 2018 @ 3:40 pm By Samantha Hurst  |  

Curve, a London-based fintech company that’s software allows customers to link their bank cards to one Mastercard, has recently announced its full consumer launch. As previously reported, Curve was founded in 2015 and proclaims itself to be the next generation of payments after the “humble” bank card…. Read More

January 17, 2018 @ 1:45 pm By Samantha Hurst  |  

On Wednesday, Standard Chartered announced it has established a new business unit, SC Ventures, to lead its digital innovation by investing in fintechs and other start-up companies, along with promoting rapid testing and implementation of new business models. According to Standard Chartered, SC Ventures will be… Read More

January 16, 2018 @ 3:48 pm By Samantha Hurst  |  

Magilla Loans, a search engine for loans that connects borrowers to banks without requesting personal information, announced on Tuesday it has surpassed $4.5 billion in aggregated loans from top banks across the U.S. Founded in 2015, Magilla Loans claims it is a “first-of-its-kind” loan matching… Read More

January 16, 2018 @ 3:16 pm By Samantha Hurst  |  

Accenture (NYSE: ACN) announced on Tuesday it has opened its new innovation hub in Boston’s Back Bay as part of its accelerated innovation investment in the U.S. The company revealed it plans to add 400 technology jobs in the city by the end of 2020. It… Read More

January 16, 2018 @ 2:28 pm By Samantha Hurst  |  

On Tuesday, North Carolina-based financial services holding company BB&T announced it is set to invest up to $50 million in and/or acquire emerging fintech companies. According to the company, the investments will also secure a competitive advantage for it in the marketplace. While sharing details… Read More

January 16, 2018 @ 1:47 pm By Samantha Hurst  |  

  South by Southwest (SXSW) Conference & Festivals announced on Tuesday the finalists for the 10th annual SXSW Accelerator Pitch Event, to take place March 10th-11th during the Startup & Tech Sectors Track at the Downtown Hilton Austin in Austin, Texas. According to the organization, 50 startup finalists… Read More

January 16, 2018 @ 11:10 am By Samantha Hurst  |  

U.S. fintech firm Blackhawk Network Holdings announced on Tuesday it is set to be acquired by private equity firm Silver Lake and hedge fund P2 Capital Partners For $3.5 billion, including debt. Founded in 2001, Blackhawk Network stated it has developed new ways to give, receive,… Read More

January 16, 2018 @ 10:09 am By Samantha Hurst  |  

On Tuesday, California-based fintech BlueVine announced it has appointed Ana Sirbu as its new Chief Financial Officer. Sirbu joined BlueVine in April 2016 and was named Vice President of Finance and Capital Markets and has reportedly helped the company secure over $200 million in equity and debt financing in… Read More

January 13, 2018 @ 9:31 pm By Samantha Hurst  |  

Property Master, a UK-based digital buy-to-let broker, has launched an equity crowdfunding campaign on Seedrs. The company is looking to raise £250,000 through the funding round. Founded in 2016, Property Master states its fintech program enables real-time access to every deal from every lender so that… Read More

January 12, 2018 @ 2:00 pm By Samantha Hurst  |  

Alkami, a Texas-based fintech, has secured $70 million through its Series D Funding Round, which was led by General Atlantic with participation from existing investors S3 Ventures, Argonaut Private Equity, and a number of other strategic fintech investors. Founded in 2009, Alkami stated it provides a… Read More

January 11, 2018 @ 1:00 pm By Samantha Hurst  |  

Chinese peer-to-peer lending platform Dianrong announced on Thursday it has signed a strategic agreement with Dalian Finance Development Bureau and Dalian Finance Industry Investment Group. Dianrong revealed that according to the agreement it will be developing a series of specific projects in partnership with the Dalian government,… Read More

January 11, 2018 @ 12:00 pm By Samantha Hurst  |  

On Thursday, challenger bank Monzo announced its plans for the next twelve months. The company reported that in 2018 it wants to focus closely on making upgraded Monzo accounts better for its customers. Monzo revealed a list of items needed to be done and their… Read More

January 11, 2018 @ 11:00 am By Samantha Hurst  |  

On Thursday, Danish fintech Cardlay announced it secured a $5 million investment from SEB and SEED as it prepares to expand globally. Founded in 2016, Cardlay describes itself as a single software platform that issues, loads, and manages cards and expenses globally. The company noted it… Read More

January 10, 2018 @ 4:15 pm By Samantha Hurst  |  

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it raised $13 million through Series A financing round, which was led by Peter Thiel’s Valar Ventures. Founded in 2016, the fintech company is looking to build a… Read More

January 10, 2018 @ 2:15 pm By Samantha Hurst  |  

Modalku, an Indonesia-based peer-to-peer lending fintech startup, successfully surpassed $74 million (Rp 1 trillion) in total crowdfunded MSME loans. This news comes just a little over six months after the company announced it was fully registered with the Otoritas Jasa Keuangan (OJK). As previously reported, Modalku was… Read More

January 10, 2018 @ 1:12 pm By Samantha Hurst  |  

Visa (NYSE: V) announced on Wednesday it has formed a partnership with NovoPayment, a Florida-based fintech company, to facilitate the implementation of payment solutions for Business to Business (B2B) transactions in Latin America and the Caribbean. According to the credit card giant, the companies will work… Read More

January 10, 2018 @ 10:51 am By Samantha Hurst  |  

India-based fintech NiYO announced on Wednesday it secured $13.2 million (85 crore) during its Series A funding round to drive the continued expansion of its payroll and benefits platform in India. The investment was made by Social Capital, JS Capital LLc (the family office of Jonathan Soros),… Read More

January 9, 2018 @ 9:53 am By Samantha Hurst  |  

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced on Tuesday it has formed a partnership with Audi Financial Services, the financial services affiliate of Audi of America. Through the new partnership, finance options from Audi Financial Services are now available… Read More

January 8, 2018 @ 1:45 pm By Samantha Hurst  |  

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced on Monday it has entered into a fintech cooperation agreement with the Bahrain Economic Development Board (EDB). The organization noted that the agreement marks a significant first in the MENA region. Notably, with the new… Read More