FinTech StartUps

YUKKA Lab recognised by Kickstart Accelerator 2018

Out of 900 applications from 64 countries 60 startups were invited to pitch for Swiss Kickstart Accelerator. YUKKA Lab AG, the Berlin-based FinTech startup for applied augmented language intelligence and context-based sentiment analysis in the European financial sector, is one of four German startups that was selected for the 2018 program. Read more »

How InsurTech is Breaking Boundaries and Moving Beyond Insurance

New research from Startupbootcamp InsurTech (SBC) and PwC launches today, exploring how InsurTech has rapidly evolved over the past three years since Startupbootcamp InsurTech was established. The report shows that the narrative surrounding InsurTech has shifted and both parties are now working together to take the insurance industry into the next decade.  Read more »

Elevator Lab: 407 applications for the second batch of RBI’s fintech partnership program

Raiffeisen Bank International AG (RBI) has received 407 applications for the second batch of “Elevator Lab”, RBI’s fintech partnership program. This means an increase of more than twenty per cent compared to the first batch when 336 fintech start-ups used the opportunity for a potential long-term cooperation with the RBI Group and its 16.6 million customers in Austria and the Central and Eastern Europe (CEE) region. Read more »

myGini Money2020

myGini launches loyalty app for European financial service organizations

Today myGini Inc., a San Francisco-based provider of leading-edge software solutions for the fintech sector, has launched its state-of-the-art consumer loyalty engine into the European financial services market. myGini is the first integrated payments and shopping app to provide financial institutions with their own easily installed reward program triggered by MasterCard and Visa card transactions. It allows banks to increase customer loyalty... more Read more »

Mastercard launches Accelerate: continuing to unleash the potential of Fintechs

Mastercard today announces the creation of Accelerate, a new programme to drive growth at scale for the fast-evolving FinTech industry. The initiative is designed to support the ambitions of players in the FinTech sector through tailored support arrangements including access to insight, tools, technology and investment to support innovation. Designed to operate alongside the successful Start Path programme, Accelerate broadens and deepens... more Read more »

Mastercard Start Path Program Helps More Startups Thrive

Startups from around the world are developing niche technologies that are making life simpler and more convenient, but they struggle to find the right partners that can take their solutions farther. To help them make a bigger impact, Mastercard today welcomed 11 new startups to the eighth wave of the Mastercard Start Path program. Mastercard Start Path is the company’s global initiative to provide startups with the operational support and... more Read more »

MFS Africa becomes first African FinTech funded by a China-based VC in $4.5M Series B round led by LUN Partners Group

MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN PartnersGroup, a China-based global investment management group. Goodwell Investments, an Amsterdam based investment firm focused on financial inclusion, fintech and inclusive growth, as well as several angel investors completed the round. Read more »

Scale-Ups.eu calls all European tech scale-ups to submit their profile to pitch at SuperNova

Scale-Ups.eu, a spinoff of the European collaboration innovation platform B-Hive, is organizing SuperNova together with Flanders DC on September 27-30. This four-day event aims to bring the most promising scale-ups, outstanding tech companies, and thought leaders from all around the globe in Antwerp to talk, pitch, and showcase. Read more »

Da Vinci Capital Invests in Russia's Global Fintech Solutions

Global Fintech Solutions (GFS), a fintech platform aimed at transferring leading global technologies into emerging markets, raised a new funding round from several funds under the management of Da Vinci Capital and from its the portfolio group, ITI Funds. Investment group Prytek was a co-investor in the investment round.  Read more »

FINTECH STARTUP ZOTO WITNESSES MASSIVE GROWTH IN USER BASE AND ORDER VOLUMES IN 2017-18

 Zoto, a product of Hedonmark Management Services Limited and Nigeria’s fastest growing payment solution, today announced that its transacting user base and order volume grew by 56% and 200% respectively in the last financial year and it is set to replicate an even higher growth curve in the financial year 2018 -19. Read more »

Viva Network To Disrupt Mortgage Industry Through Blockchain Platform

Viva Network Holdings Limited (“Viva Network” or “Viva”), a Bermuda-based fintech startup, has today announced its plan to launch a comprehensive borderless mortgage products platform.  Read more »

New Digital Innovation Centre to secure digital transformation at Gazprom Neft

A new Digital Innovation Centre is being established at Gazprom Neft, for the development and implementation of digital technologies in logistics, processing and sales. As part of its activity, the Centre will bring together Russian technology and IT start-ups, developers and the scientific community to pool resources to research and develop innovative solutions that will improve business efficiency. Read more »

L MARKS ANNOUNCES EXPANSION INTO JAPAN

L Marks, the corporate innovation specialist and early stage investor announces today the launch of operations in Japan, where it will target the major Japanese corporate brands that are ripe for innovation as well as the country’s fast-growing startups. L Marks’ first corporate client in Japan is BMW Group Financial Services Japan. Their partnership will deliver the BMW Innovation Lab 2018 for the financing arm of the global automotive giant.  Read more »

Averon raises $13.3 Million

Averon, developer of the world’s first mobile identity verification standard that is both automatically frictionless and ultra-secure, announced today it has closed a $5 million Series A1 financing round led by Avalon Ventures and Salesforce founder and CEO Marc Benioff. The round follows Averon’s heavily oversubscribed Series A (October 2017), also led by Avalon Ventures, bringing the full Series A amount raised to $13.3 million. Read more »

APAC Fintechs embrace open innovation with Finastra

 Finastra welcomed several APAC Fintech early adopters to its FusionFabric.cloud open architecture ecosystem today at its regional flagship thought leadership event, Finastra Universe, in Singapore. Underpinned by Microsoft Azure, Microsoft’s enterprise-ready trusted cloud platform, FusionFabric.cloud enables third parties t Read more »

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