Tagged: startup

June 23, 2024 @ 7:55 pm By Michael Wong  |  

India’s fintech sector is making significant strides, with the future unicorns currently valued at $58 billion, marking a 1.8% increase from the previous year. The latest ASK Private Wealth Hurun India Future Unicorn Index 2024, released by the Hurun Research Institute, showcases notable advancements and… Read More

June 16, 2024 @ 3:52 pm By Michael Wong  |  

Fhenix, an Israel-based company specializing in Layer 2 blockchain technology that leverages fully homomorphic encryption (FHE), has successfully closed a $15 million Series A funding round. The round was led by Hack VC, with additional investments from Dao5, Amber Group, Primitive, GSR, Collider, and Stake… Read More

November 25, 2023 @ 12:39 am By Michael Wong  |  

RegTech startup Aptus.AI has announced raising €3 million ($3.3 million) in a pre-Series A funding round anchored by Programma 103 under VC P101 Sgr. The investment marks Programma 103’s first foray into the Regtech sector. The round was also backed by additional support from several… Read More

October 10, 2023 @ 9:49 pm By Michael Wong  |  

Indonesia- and Southeast Asia-focused venture capital investor East Ventures has partnered with Seoul-based SV Investment to launch the “East Ventures South Korea fund in partnership with SV Investment” with a target corpus of $100 million. The initiative’s primary goal is to bridge the investment avenues… Read More

July 30, 2022 @ 4:28 pm By Omar Faridi  |  

Fintech startup Lightyear, which launched in the UK in 2021 and in 19 European countries in July 2022, has “expanded its product suite with the launch of Price Alerts, a highly requested feature by customers.” Lightyear, founded by early Wise alumni Martin Sokk and Mihkel… Read More

August 9, 2018 @ 12:00 pm By Samantha Hurst  |  

Russian banking firm Sberbank announced on Thursday it is set to invest RUB 27 million in six start-ups, created by employees through its in-house accelerator program, Sber#Up. According to Sberbank, Sber#Up in-house accelerator is a program that offers all the banking group’s employees support to create their… Read More

March 27, 2017 @ 10:46 am By Cole Lyons  |  

New financial regulations, including the EU’s Second Payment Services Directive and their open architecture framework that forces banks to share transaction data, may force banks and Fintechs to fight for customer loyalty. Compromises must be made between the competitors. However, according to the banking and… Read More

March 22, 2017 @ 10:36 am By Cole Lyons  |  

Sydney Australia-based Fintech accelerator H2 has recently accepted its new round of startups, including the sports trading game FanTrade and personal chef delivery app DishMe. These companies differ from H2’s typically financial focus. This new company approach can be explained by a January blog post by Toby… Read More

January 12, 2017 @ 11:17 am By Samantha Hurst  |  

CSI Kick Start, Inc., a fintech startup incubator founded by global payments innovator, CSI globalVCard, announced on Thursday its second annual application process for fintech startup funding is now open. The incubator stated it would be offering portfolio companies investments starting at $500,000, along with mentorship… Read More

November 5, 2016 @ 3:50 pm By Jessica Pham  |  

The Australian Competition and Consumer Commission (ACCC), an independent arm of the Australian government that aims to regulate competition in the market and uphold national consumer law, has been closely eyeing four big banks to prevent attempts of monopolizing the blockchain industry in fintech. The banks… Read More

November 2, 2016 @ 12:04 pm By Jessica Pham  |  

Former Barclays CEO Antony Jenkins launched yesterday a fintech startup called 10x Future Technologies. The startup’s mission statement is “10x exist to create a new banking ecology — one that is more diverse, open and fair.” Partnering with Virgin Money to build a new digital banking platform,… Read More

March 8, 2016 @ 2:29 am By Midori Yoshimura  |  

Israel’s fintech scene is a can’t-miss these days. As a recent example, Chinese venture capital firm Pando Group has invested US$2 million (HK$15.53 million) in Israeli financial technology (fintech) hub The Floor in Tel Aviv, notes the South China Morning Post. The funds support the creation of… Read More

October 6, 2015 @ 8:20 pm By Midori Yoshimura  |  

In one of India’s biggest crowdfunding success stories, smart gadget Exploride just wrapped up its abundantly funded crowdfunding campaign on Indiegogo, raising $521,546–512 percent of its original fundraising goal. Exploride is a clear glass heads-up display with gesture and hands-free voice controls, designed to work with any… Read More

September 22, 2015 @ 1:12 am By Midori Yoshimura  |  

Former UK head of Google, Dan Cobley, sees a unicorn–a $1.5 billion-turnover success story–in his co-founded startup SalaryFinance, for which he left Google last year. According to Business Insider, Cobley said that SalaryFinance would “be talked about in some of the same sentences as unicorn businesses over… Read More

September 11, 2015 @ 2:21 pm By Samantha Hurst  |  

This week, Essex-born entrepreneur Owen O’Neill launched an equity crowdfunding campaign on Seedrs with a mission to raise £75,000 for his ed-tech startup, University Compare. University Compare, which was founded in 2012, reportedly offers an unbiased service to students while providing a digital platform for universities to advertise… Read More

August 25, 2015 @ 11:00 am By Midori Yoshimura  |  

  Propel(x), a platform for investing in deep technology startups, is making it easier for angel investors to participate in a wide range of deep technology investments with the introduction of Propel(x) LLCs, lowering the initial threshold from a typical minimum angel investment of $25,000, to as… Read More

August 12, 2015 @ 9:40 pm By Midori Yoshimura  |  

  “Trying.” states Rory Eakin’s Twitter bio, which could describe its owner as well as the company Rory co-founded, CircleUp. But perhaps Rory’s bio needs one more word: “Succeeding.” In the last two years, the company has launched several notable products, such as the Consumer Growth Fund,… Read More

June 1, 2015 @ 11:00 am By Midori Yoshimura  |  

lis     Among the infinite possibilities for online investing–from mobile apps, to clean energy, to an overseas prince who wants to make you fantastically rich, deep technology startups–defined as those founded on a true technological innovation or scientific discovery–are not among the top five. It’s… Read More

May 13, 2015 @ 2:23 am By Midori Yoshimura  |  

In Australia, startups recently received good news from Treasurer Joe Hockey: new tax incentives for startups, specifically around crowdfunding, also known as crowd-source equity funding (CSEF), notes Gizmodo Australia. The tax incentives are part of the new 2015-16 federal budget. Gizmodo notes, [AU] $7.8 million will be spent getting the… Read More

April 24, 2015 @ 11:24 am By Samantha Hurst  |  

Offering up his insights on Israel’s crowdfunding progress, Indiegogo’s Marketing and Community Manager for Israel, Oren Simanian unveiled new details about the funding method and its future in the small country. During a recent update, Simanian wrote: “With quickly expanding innovations in technological fields including medical devices,… Read More