Tagged: fintech

Ping An Technology Teams Up with SparkLabs to Launch a New Global Fintech Accelerator

Fintech

Ping An Technology announced on Tuesday it has launched its first fintech accelerator through a partnership with SparkLabs Group, a network of accelerators and venture capital funds. According to the company,  Ping An Fintech Accelerator will be jointly operated by Ping An Technology and SparkLabs…. Read More

DCU FinTech Center Announces 2018 Winter Cohort

The DCU FinTech Innovation Center, which houses the largest concentration of fintech startups in New England, announced on Tuesday ten new seed-stage ventures in its latest Cohort. The Center stated it is fully funded by Digital Federal Credit Union, better known as DCU. The Center’s… Read More

Elevate Appoints Former PayPal & loanDepot Executive Brian Biglin as Chief Credit Officer

Elevate Credit, Inc., a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Monday it has appointed former PayPal and loanDepot executive, Brian Biglin, as its new Chief Credit Officer. According to Elevate, Biglin has nearly 25 years of leadership in the… Read More

Fineqia Announces Investment in Blockchain Company Nivaura

Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) announced on Monday it has made a cash investment for an equity stake in Nivaura, which recently demonstrated the world’s first crypto-currency denominated bond issuance that was cleared, settled and registered entirely on a public blockchain. According… Read More

Fintech Broker Firm Robinhood Announces Free Bitcoin & Ethereum Trading For Users

Robinhood, a fintech broker firm, announced this week its new bitcoin and other cryptocurrencies investment platform, which its services are 24 hours a day available the platform is commission-free. Features of the platform include: Everything in one place: All cryptocurrencies, stocks, ETFs, and options are now… Read More

Finastra Welcomes New Companies to FusionFabric.cloud Platform; Names Thomas Reuters New Data Provider

Earlier this week, UK-based fintech firm Finastra welcomed new companies Efficiency MC, Conpend, and BankBI to the platform-as-a-service (PaaS) solution FusionFabric.cloud open architecture. The company reported: “FusionFabric.cloud unlocks innovation by fostering open collaboration within an ecosystem of development partners. A major innovation for financial services, it opens up… Read More

Canadian Fintech Katipult Appoints Karim Teja As New Chief Financial Officer

On Friday, Canadian fintech Katipult announced it has appointed Karim Teja as its new Chief Financial Officer. According to the company, Taja has more than 15 years of diversified financial business experience and held senior positions in rapidly growing technology companies in the medical, environmental… Read More

California Fintech Startup Zebit Appoints LendUp’s Former Head of Capital markets As New CFO

On Tuesday, California fintech Zebit announced it has appointed former LendUp Head of Capital Markets, Steve Lapin as its new Chief Financial Officer. According to the startup, Lapin has 15 years of experience in sourcing debt and equity investments, well as investor relations and financial… Read More

Radius Bank Seeks to Give Customers Financial Peace of Mind By Launching Card Control App

Radius Bank, a full-service bank serving consumers through its virtual platform, announced on Tuesday the launch of its new card control app, Radius Card. The challenger bank stated the app was developed to allow users to set control preferences and combat fraud directly from their mobile… Read More

Yirendai Announces Connection to NIFA’s Internet Finance Industry Credit Information Sharing Platform

China-based fintech Yirendai announced on Tuesday it has connected to the Internet Finance Industry Credit Information Sharing Platform, which was established by the National Internet Finance Association of China (NIFA). Yirendai has also been selected by NIFA to participate in a pilot project to enable automatic queries and… Read More

AutoGravity Milestone: Exceeds $2 Billion in Finance Amount Request in 2017

AutoGravity, a California-based Fintech on a mission to transform car shopping and financing, announced last week it surpassed $2 billion in finance amount requested in 2017. The company, which launched its platform in 2016, reported that it rapidly expanded from 100,000 users in its first… Read More

Fintech Incubator & Accelerator F10 Names Switzerland Banking Group Raiffeisen The Program’s Latest Corporate Member

Switzerland-based incubator and accelerator F10 announced on Monday that co-operative bank Raiffeisen was the newest corporate partner to join its ranks. According to the program, Raiffeisen is Switzerland’s third-largest co-operative bank after UBS and Credit Suisse and it serves 3.7 million customers through its 930 locations… Read More

Wells Fargo Teams Up With Fitbit to Launch Payment System “Fitbit Pay” to the Bank’s Customers

Wells Fargo & Company (NYSE: WFC) recently announced it is partnering with Fitbit (NYSE: FIT) to launch Fitbit Pay for its customers. According to the banking giant, the new payment system will give customers the ability to conveniently and securely make purchases at merchants whose payment terminals are set… Read More

Boston Fintech Flywire Acquires Healthcare Financial Service Firm OnPlan

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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

London Fintech Curve Announces Full Consumer Launch

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

Standard Chartered Announces New Fintech Investment Unit

Fintech

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

Magilla Loans Platform Milestone: Surpasses $4.5 Billion in Loan Origination

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

Accenture Opens New Innovation Hub in Boston

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

Financial Services Holding Company BB&T Seeks to Invest Up to $50 Million in Fintech Startups

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

SXSW Announces 2018 Accelerator Pitch Event Finalists

  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

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