FinTech StartUps

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 »

Lithuanian Business Angel Network (LitBAN) Launches in Vilnius with Overwhelming Success

Lithuanian Business Angel Network’s (LitBAN) founding event, which took place on March 14th in Vilnius, was an overwhelming success with over 150 attendees and 50 registered paying members. Read more »

Startupbootcamp Scale FinTech names 5 top startups to join inaugural Mexico City program

Startupbootcamp Scale FinTech Mexico City, the first innovation program for growth stage startups in Latin America, announces the five FinTech startups chosen to be part of its first program, based in Mexico City. The program is run in partnership between Startupbootcamp FinTech and Finnovista, the leading champion of FinTech innovation in Latin America. Read more »

YellowDog Closes Investment Round from Industry Leaders Bloc Ventures to Scale Across Multiple Verticals

YellowDog, recognised as one of the top 15 Disrupter Businesses in the South West, has closed its most recent investment round with Bloc Ventures as lead investor. Bloc, founded by industry veterans from ARM Holdings and Vodafone, identified the significant potential in YellowDog, and lead this fundraise to initiate their next stage of expansion. Read more »

Pushfor and Xtremepush take the prizes at the Dublin Innovation Jam

Temenos (SIX: TEMN), the banking software company, announces that Pushfor and Xtremepush won the public and judges’ vote, respectively, at its first ever Dublin Innovation Jam. Read more »

Atom bank raises £149m in latest fundraising round

Durham-based Atom bank has raised £149m in a round led by cornerstone investors BBVA and Toscafund. As part of this fundraising round BBVA will invest a further £85.4m in the 5-star rated (Trustpilot) bank, increasing its ownership to around 39% subject to regulatory and shareholder approval. Toscafund will invest £54.4m and is also increasing its stake in the bank. A number of Atom’s other existing shareholders are also supporting this raise. Read more »

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