Tagged: mobile apps

Financial Data Platform MX Partners Credit Union BECU to Offer Quick Save Feature via Mobile App

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MX, the financial data platform and recognized leader in “modern connectivity,” reveals that it has teamed up with BECU, which is one of the largest credit unions in the US. Through the partnership, the companies aim to offer a mobile app feature, called Quick Save,… Read More

Money Management App iSpent19 to Offer UK Consumers a Better Way to Manage Funds

iSpent19 is pleased to confirm the rollout of its money management app that’s meant to offer UK users with a new way of monitoring and managing their funds via transaction personalization and sharing. …and WE ARE OFFICIALLY LIVE! 🥳 It is with great pleasure to… Read More

Spendwisor, a Mobile Payment App with US, UK, Qatar Offices, Secures $50M from Luxembourg’s GEM Global Yield

Spendwisor, a US-headquartered mobile payment app with business offices and service locations in Qatar and the United Kingdom, has confirmed a QAR 190 million ($50 million) investment commitment from GEM Global Yield, a $3.4 billion Luxembourg-headquartered private alternative investment group. The company plans to use… Read More

Toronto’s Clearco, Previously Clearbanc, Secures $215M in Growth Equity via Round led by SoftBank Vision Fund 2

Toronto-headquartered Clearco — which was previously doing business as Clearbanc — has secured $215 million in growth equity through a round that was recently led by the SoftBank Vision Fund 2. The firm is now focused on its global expansion efforts. Established in 2015, the… Read More

US Federal Trade Commission Files Lawsuit Against Fintech Savings App Beam for Allegedly Mismanaging Customer Deposits

The customers of mobile savings app Beam had been complaining that they were able to deposit funds but couldn’t get their money back out. The Fintech also allegedly failed to live up to promised high interest rates. The Federal Trade Commission (FTC ) alleges that… Read More

US based Fintech Stash Claims its AUM have Grown to $1.8 Billion, Company Reportedly Offers Personalized Advice to 5 Million Americans

The team at Stash, a US-based company that offers micro-investment options through a mobile app, claims that during the recent market volatility and economic instability (due to COVID-19), the Fintech service provider has continued to offer personalized advice and innovative tech to help guide +5M… Read More

Coinbase Pro to Add Celo (CELO), a Cryptocurrency Used by Platform that Makes it Easier to Send, Receive Stablecoins using Smartphones

San Francisco-based crypto exchange Coinbase is planning to add Celo (CELO), the native digital currency of an open-source platform that aims to make financial tools accessible to anyone with a smartphone or mobile device. Celo will only be offered on Coinbase Pro, which is the… Read More

Bitcoin Mercantile Exchange Launches BitMEX Mobile, the Crypto Derivatives Platform’s Trading App for Smartphone Users

The Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives trading platform in terms of volume, has introduced support for mobile trading. The Seychelles-registered and Hong Kong operated exchange noted: “As part of our promise to our users to keep improving our offering, we’re delighted… Read More

Digital Transformation in the Banking Sector Is Being Driven by Need to Reduce Operational Costs, Offer Better User Experience: Report

The global digital banking platform market is on track to reach $9 billion by 2026. It’s currently expanding at a compounded annual growth rate (CAGR) of 16% during the forecast period, according to a new report. According to a release that summarizes the findings of… Read More

Indonesia’s Rapidly Expanding Fintech Sector May Create New Opportunities for Switzerland based Businesses: Report

Indonesia has a population of around 270 million residents, and most of these people are underbanked or financially underserved. Businesses in the fast-growing economy also don’t yet have access to modern financial services, like the kind we’d typically find in many of the developed Western… Read More

Samsung Added Support for Stellar (XLM) Cryptocurrency to its Blockchain Keystore, Allows Millions of Users to Access the Digital Asset

The Stellar Development Foundation (SDF), a non-profit entity established in 2014 to support the development and growth of the open-source Stellar (XLM) protocol, recently announced that Samsung added support for the XLM digital currency to its Samsung Blockchain Keystore. XLM (or “lumens”) is now available… Read More

Digital Banking Services May Now be Easily Accessed in Singapore via OCBC’s SingPass which Doesn’t Require Remembering or Entering Access Codes

OCBC Bank (Oversea-Chinese Banking Corp., Ltd) (SGX: O39), a multinational banking and financial services corporation headquartered in OCBC Centre, Singapore, has revealed that its customers in Singapore will now be able to use their SingPass to access its digital banking platform. The digital banking services… Read More

Ezra, a Project that Supports Global Aid Initiatives via its Partner Network through Fintech and Emerging Tech, has Launched

Ezra, a project that leverages its partner network to support global aid initiatives through Fintech and other emerging technologies, is planning to work cooperatively with mobile operators, NGOs, and various foundations and organizations in order to enable greater financial inclusion through digital platforms. Allan Green,… Read More

Singapore Fintech Fincy Receives $11 Million Investment from GBCI Ventures, a Private Equity Firm

Singapore-based GBCI Ventures, a venture capital and private equity firm, has made a strategic $11 million investment in Fintech startup Fincy. The company is also in the process of finalizing external funding. The Fincy team describes their platform as a multi-purpose solution providing digital and… Read More

Private Identity Firm Incognia Introduces Location-based Behavioral Biometrics Solutions for Banks, Fintech Companies

Private identity solution provider, Incognia, has introduced a location-based behavioral biometrics software product that aims to reduce or eliminate the growing rates of mobile fraud. According to a press release shared with CI, Incognia’s anti-fraud software development kit (SDK) and APIs aim to improve standard… Read More

InvestCloud Forms Partnership With National Broker-Dealer Siebert

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Siebert, a national broker-dealer and provider of financial services, announced on Wednesday it has appointed InvestCloud to design and implement its complete digital transformation. Siebert reported that through the partnership it will implement InvestCloud’s full suite of applications, ranging from intuitive client-facing portals and mobile… Read More

New York-based Fintech AllocateRite’s Portfolio Management Strategies Now Available via iOS and Android Mobile App

New York-based AllocateRite, a Fintech and data science firm that offers exchange-traded-funds (ETF)-based dynamic asset allocation options and risk analytics services, recently confirmed that its portfolio management and asset allocation strategies will be available via iOS and Android mobile devices. AllocateRite’s mobile app will be… Read More

Crypto Wallet & Exchange Abra Announces Expansion of Support For Ethereum

Abra, a U.S.-based all-in-one cryptocurrency wallet and exchange, announced on Wednesday it has expanded support for the Ethereum platform by adding native integration of Ethereum’s currency, ether (ETH). Abra users may now deposit, invest, and withdraw ether directly from the Abra app. Abra reported that… Read More

Powered Now Surpasses £350,000 During Second Crowdfunding Campaign on Crowdcube

With less than two weeks until its second Crowdcube campaign comes to an end, tech start-up Powered Now has successfully surpassed its initial £350,000 target goal. Last month, Powered Now launched the campaign to raise the £350,000  in return for 10.8% equity for A (£10,000), B shares,… Read More

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