Tagged: fintech

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

January 3, 2018 @ 4:14 pm By Samantha Hurst  |  

InstaReM (IE instant remittance), a Singapore-headquartered fintech start-up that convenient, fast and cost-effective cross-border money transfers to individuals and businesses, announced on Wednesday its 2017 progress and 2018 goals. CEO and Co-Founder, Prajit Nanu, took to the company’s blog to reveal details about the past twelve… Read More

January 3, 2018 @ 3:44 pm By Samantha Hurst  |  

Earlier this week, CEO of MyCash Online, Mehedi Hassan, announced the Malaysia-based fintech company will be moving its headquarters to Singapore. According to Digital News Asia, Hassan reported that the move is due to the fact that Singapore offers the startup with more opportunities, especially… Read More

January 3, 2018 @ 9:11 am By Samantha Hurst  |  

On Tuesday, New York-based fintech company AdvisorEngine announced it has acquired CRM Software, Inc., also known as Junxure, a CRM (client relationship management) software provider. The combined company will pair digital solutions with consulting services to help financial advisors use technology as a competitive advantage. According to AdvisorEngine, the acquisition… Read More

January 2, 2018 @ 12:34 pm By Samantha Hurst  |  

Just a few months after he was dismissed from SoFi amid sexual harassment allegations, the founder and former CEO of the online lender, Mike Cagney, is now seeking $25 million for his new fintech startup. As previously reported, allegations in an NYT.com article criticized both SoFi operations… Read More

January 2, 2018 @ 9:32 am By Samantha Hurst  |  

Pundi X, a cryptocurrency point-of-sale (“POS”) solutions provider for retail stores, announced on Tuesday it is launching three working products before its public token sales on January 21st. According to the company, these POS devices can help the retail store owners to convert crypto to fiat, crypto… Read More

December 30, 2017 @ 11:00 am By Samantha Hurst  |  

Ready to share Ripple’s insight on the blockchain industry, CEO of Ripple, Brad Garlinghouse sat down with Bloomberg’s Cory Johnson to discuss the San Francisco-based fintech company’s bet on cryptocurrency’s technology. Founded in 2012, Ripple notably provides global financial settlement solutions to enable the world… Read More

December 27, 2017 @ 1:04 pm By Samantha Hurst  |  

Australian fintech and challenger bank Tyro is set to launch a new set of financial solutions for small to medium enterprises (SMEs). Founded in 2001, Tyro describes itself as Australia’s largest independent EFTPOS provider, focusing on smaller to medium enterprises. The company states it is now has a… Read More

December 21, 2017 @ 4:18 pm By Samantha Hurst  |  

dv01, the data management, reporting, and analytics platform that offers institutional investors transparency and insight into lending markets, announced on Thursday it is set to close 2017 with $7.9 billion of consumer unsecured bonds. This news comes just a few months after the company launched its… Read More

December 21, 2017 @ 3:31 pm By Samantha Hurst  |  

Earlier this week, fintech firm Ripple announced it was launching a new infrastructure innovation initiative. This news comes just a couple of months after the company announced more than 100 financial institutions have joined its blockchain network, RippleNet. While sharing details about the initiative, Ripple stated: “Ripple… Read More

December 20, 2017 @ 4:33 pm By Samantha Hurst  |  

Quovo, a fintech company that leverages data to provide insights alongside connectivity for financial accounts, announced on Wednesday it has launched Personal Finance Management (PFM) modules for financial institutions and enterprises. The modules notably allow end-users to measure their net worth over time, view a personal… Read More

December 20, 2017 @ 2:04 pm By Samantha Hurst  |  

Blockchain platform Bitt announced this week it has launched its new Blockchain Mobile Money App, mMoney digital payment product, in Barbados. The company reported that the Barbados Entrepreneurship Foundation (BEF) and several of its strategic partners participated in the soft launch, which marked the region’s first “digital dollar only”… Read More

December 19, 2017 @ 3:27 pm By Samantha Hurst  |  

UK-based fintech Delio announced on Monday secured £1 million through its latest funding round led by the Development Bank of Wales. Together with participation from new and existing private investors, the investment supports Delio’s ongoing expansion in Europe, Asia, and the Middle East. Founded in 2015,… Read More

December 18, 2017 @ 11:05 am By Samantha Hurst  |  

thirdstream, a Canadian-based onboarding software provider, announced on Monday it has formed a partnership with global fintech Finastra. thirdstream reported that it will be integrating Payment Manager from Finastra into its onboarding platform, cumulus. This will allow thirdstream to offer its financial services clients key technologies that will further streamline the account opening process in-branch… Read More