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Atom bank raises £149m in latest fundraising round
- 07.03.2018 12:11 pm
- Banking, FinTech StartUps
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.
Callsign wins competitive London heats of NTT DATA Open Innovation Contest 2018
- 07.03.2018 11:29 am
- FinTech StartUps, IT Innovations
Callsign has beaten 10 other start-ups to win the London stage of NTT DATA’s 2018 Global Open Innovation Contest, and its team will now fly to Tokyo, Japan to compete against entrepreneurs from around the world in the competition’s Grand Finale. Contestants will be competing for the chance to win a three-month in-kind contribution to support the development of their proposed new business, and an opportunity to break into the highly innovative... more
FinTech in South Africa: Accelerating the Digital Transformation of Banking & Financial Services
- 07.03.2018 11:26 am
- FinTech StartUps, IT Innovations
Africa’s financial services landscape continues its dynamic evolution as the rapid growth of FinTech on the continent drives both the disruption and leapfrogging of legacy systems and further accelerates the digital transformation of financial services. In South Africa, the major banks are rapidly ramping-up their own innovation strategies and collaborating with new game-changing start-ups to drive efficiencies, make digital profitable and... more
WITHOUT FINTECHS, THE UK IS SERIOUSLY LAGGING BEHIND GLOBAL RIVALS IN DIGITAL
- 19.02.2018 08:01 am
- FinTech StartUps
Seismic changes in UK policy and legislation could be negatively impacting the UK financial service industry’s ability to build a globally competitive digital customer experience. According to an international study commissioned by identity data intelligence specialist GBG and conducted by Forrester Consulting, the UK financial sector is lagging behind China, Singapore, the US and Australia in adopting new approaches to authenticating customer... more
Money20/20 Asia announces highly anticipated keynote line-up ahead of inaugural March event
- 16.02.2018 08:38 am
- Payments, Banking, FinTech StartUps, IT Innovations
Money20/20 Asia will bring together top global FinTech leaders in Singapore – from Ant Financial, GO-JEK, Ping An Group, ICICI Bank, Tencent and DBS Bank to Adyen, Google, Stripe, PayPal, Samsung Pay and many more – to create the future of money. Singapore, 31 January 2018 – Money20/20, the world’s leading FinTech and Payments event, is just 6 weeks from the launch of its APAC edition, taking place in Singapore at the Marina Bay Sands Expo... more
Singapore's FinLab Starts Accelerator Programme for SMEs
- 14.02.2018 10:09 am
- FinTech StartUps
The FinLab, a joint venture between United Overseas Bank Limited (UOB) and SGInnovate1, today announced the launch of the third cycle of its acceleration programme. The programme is the first-designed by a local accelerator for small and medium enterprises (SMEs) in Singapore that have aspirations to grow and to digitalise.
Fintech and Blockchain Mavens Launch International Digital Asset Exchange Council ('IDAXC') to Accelerate the Mainstreaming of Rapidly Emerging 'Real-Asset' Crypto Sector
- 12.02.2018 08:11 am
- Blockchain, FinTech StartUps
2018 Davos conclave marked the official launch of IDAXC, the international Council charged with overseeing the emergent field of marrying and optimizing cryptocurrencies to quantifiable assets.
UAE MINISTRY OF FINANCE COUNTS DOWN TO FINOVATE MIDDLE EAST NEXT MONTH
- 08.02.2018 06:41 am
- FinTech StartUps
More than 400 leaders in the industry of fintech will gather in Dubai this month to showcase innovation in their sector, highlighting the future of fintech for the global and regional markets. Held in partnership with the UAE Ministry of Finance, and showing off the latest products in action as well as boosting the UAE as an international hub for fintech, FinovateMiddleEast will take place from 26-27 February at the Madinat Jumierah Conference... more
Ping An OneConnect Fintech Subsidiary Raises $650 Million in Financing
- 05.02.2018 07:21 am
- FinTech StartUps
Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or "the Group", HKEx: 2318; SSE: 601318) is pleased to announce that three technology subsidiaries under the Group - Ping An Healthcare and Technology Company Limited (hereafter "Ping An Good Doctor"), Ping An Medical and Healthcare Management Co., Ltd. (hereafter "Ping An Healthcare Technology") and OneConnect Financial Technology Co., LTD (hereafter "OneConnect") - have... more
Luxembourg and Belgian FinTech Hubs Sign MoU
- 02.02.2018 08:36 am
- FinTech StartUps, Infrastructure
As part of the LHoFT delegation at the Paris Fintech Forum held on January 30 & 31 at the former stock exchange in the very heart of Paris in Palais Brongniart, the Luxembourg House of Financial Technology Foundation (LHoFT) is pleased to announce the signature of a new Memorandum of Understanding (MoU) with the Belgian Fintech hub B-Hive on Tuesday, 30 January.
Fidor to Exhibit at the Paris Fintech Forum: Founder Matthias Kröner Takes the Stage to Discuss Finance as a Platform and Raising Funds
- 24.01.2018 11:17 am
- FinTech StartUps
Fidor will exhibit at the Paris Fintech Forum on 30th and 31st January at booth ST16. The company will showcase its group activities with Fidor Bank and Fidor Solutions teams in attendance. Paris Fintech Forum is France’s leading fintech conference and the perfect place to network with the 2,000 attendees, 200 CEOs and 150 fintechs in attendance.
Atos launches three new services to enhance its global FinTech Partner Program
- 17.01.2018 10:00 am
- FinTech StartUps
Atos, a global leader in digital transformation, today announces three new initiatives to strengthen its global FinTech Partner program; FinLab, its cloud-based platform to facilitate the creation of new joint services; FinHub, a Fintech on-boarding program and FinNet,
Asian Financial Forum to showcase 20 startups
- 11.01.2018 08:45 am
- FinTech StartUps
The InnoVenture Salon will debut at next week's Asian Financial Forum (AFF), to foster start-up development.
SBDA Group and FinSight Ventures Announce the Closing of Series A Investment Round to Advance SBDA’s AI Customer Engagement Solution for Retail Banks
- 13.12.2017 04:24 pm
- Artificial Intelligence, Banking, FinTech StartUps
SBDA Group signs agreement with lead investor FinSight Ventures and Digital Space Ventures to close the Series A venture investment round. The funding will be used to advance the existing SBDA recommendation-based technology for any bank in addressing their needs.
PAIR Finance Raises € 4,5M and Wins New Strategic Investors
- 11.12.2017 06:19 am
- FinTech StartUps
The Berlin-based Fintech company PAIR Finance raised €4,5M in series A funding from strategic investors and financial investors. Among others, Zalando, Hitfox Group and a prominent selection of business angels from the German industry participated in the funding round (some being Maximilian Zimmerer, former management board member of Allianz and Marc Stilke - former CEO of Immoscout). Existing investors like the Company Builder FinLeap, yabeo... more
