Tagged: fintech

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

January 8, 2018 @ 1:23 pm By Samantha Hurst  |  

Wombat Invest, a UK-based fintech platform, has launched an equity crowdfunding campaign on Crowdcube seeking £250,000 in funding. The platform, which is currently set to launch by April 2018, is being designed to allow users to invest in some of the world’s best-known brands for as… Read More

January 8, 2018 @ 10:48 am By Samantha Hurst  |  

On Monday, TD Bank released its 2017 Treasury Management Survey, which revealed that technological innovation and disruption is set to greatly influence the investment priorities and business plans of financial executives. The report noted that for 2018 and beyond, financial professionals cite process automatic at… Read More

January 8, 2018 @ 8:48 am By Samantha Hurst  |  

Bison, a Boston-based fintech company focused on developing innovative software solutions for the private markets, has closed a funding round led by FINTOP Capital with participating from existing investors, including Hamilton Lane (NASDAQ: HLNE) and GrandBanks Capital. Along with the investment, Bison also announced Rick Kushel, General Partner… Read More

January 6, 2018 @ 1:29 pm By Samantha Hurst  |  

On Friday, UK fintech startup Stater Holdings (also known as Stater Blockchain) announced plans to acquire Hashcove Limited,  a UK blockchain-focused tech company co-founded by Kunal Nandwani. According to Stater Blockchain, Hashcove has deep domain expertise in Smart Contracts and KYC and has customized solutions including the Cove… Read More

January 5, 2018 @ 3:00 pm By Samantha Hurst  |  

This week UK digital challenger bank Monzo announced it was introducing a 3% charge on cash withdrawals made for international ATMs, after a free 30-day allowance £200. Most debit card issuers charge a fee for off network cash withdrawals but some do not, depending on the country…. Read More

January 5, 2018 @ 9:26 am By Samantha Hurst  |  

Future FinTech Group Inc. (NASDAQ: FTFT), a Chinese fintech company and integrated producer of fruit-related products, today announced that it received a 5% equity interest in Nova Realm Limited. Nova Realm is described as a blockchain technology research and development company registered in the UK The company developed… Read More

January 4, 2018 @ 12:00 pm By Samantha Hurst  |  

India-based fintech EarlySalary announced on Thursday it secured Rs. 100 Crores through its Seris B funding round, which was led by Eight Roads Ventures India with participation from IDG Ventures India, Dewan Housing Finance Corp. Ltd. (DHFL) and seed investor Ashok Agarwal. The latest funding round comes just a few… Read More