FinTech StartUps

The Spot: Startups Shifts To Frankfurt FinTech Hub

German Robo Advisor Ginmon and other FinTechs move into the new center “The Spot” and settle in Frankfurt’s financial district. With a monthly growth rate of 30 percent and 30 employees an extension of area became necessary for Ginmon. The new accommodation of 400 square meters is situated in the new founded FinTech-Hub “The Spot” (Mainzer Landstraße, nearby François-Mitterrand-Platz). Ginmon’s new office is close to the financial district as... more Read more »

UNEP and FinTechs Partner For Sustainable Finance

The Stockholm Fintech Hub is supporting Sweden and the United Nations Environment Programme to pilot the UN’s 2030 vision for sustainable finance. Although modern society couldn’t have developed without the finance sector, it’s come at a cost to people and the planet. Inequality has increased and the Earth faces serious environmental threats. In 2015, world leaders came together to find solutions, and agreed on 17 global goals for 2030 that... more Read more »

InsurTech Startup Trov Closes $45 Million Series D Financing

Today Trov, the advanced technology company revolutionizing insurance for the tech-empowered consumer, reported that it has closed $45 million in Series D funding led by Munich Re / HSB Ventures, bringing its total funding to just over $85 million.  Read more »

Destinations Revealed as Sibos Looks Ahead to a New Decade

Sibos has reported the host cities for both 2020 and 2021, which will be Boston and Singapore respectively. In 2020, Sibos returns to Boston and will welcome thousands of senior figures from the global financial services and technology communities to the Boston Convention and Exhibition Center (MCCA), one of North America’s largest venues. It will provide the perfect platform for four days of high-level networking, discussion and debate as Sibos... more Read more »

SBI Restructures FinTech Units

Today the SBI Group hereby declares that it has reached the conclusion to reorganize its subsidiaries, including SBI AXES Co., Ltd., a subsidiary listing on South Korea's KOSDAQ Market, which leads to aggregation of the Group's FinTech businesses. Also, upon the reorganization, SBI AXES has begun preparation for changing its corporate name. 1. Background of the reorganization of subsidiaries Read more »

JWG and ClauseMatch Announce Further RegTech Collaboration

Today ClauseMatch and JWG announced the development of a unique solution to simplify and better structure how regulatory changes are driven through internal banking policies. Read more »

Illuminate Financial and IHS Markit: Cheap capital markets data for fintech startups

Today IHS Markit (INFO), a global leader in critical information, analytics and solutions, and Illuminate Financial, a world venture capital firm focused on capital markets technology, introduced a Fintech Data Program to provide early stage companies with free or low cost proprietary capital markets data from IHS Markit.  Read more »

ClauseMatch unveils next-gen document workflow collaboration platform to Transform Policy Management and Compliance Within Banks

Today ClauseMatch, major financial technology company that provides software-as-a-service platform for smart document management, announced the launch and global availability of its innovative online editor. London-based ClauseMatch, a successful 2014 graduate of the inaugural Barclays Accelerator programme, shall be working with Barclays to enable the bank to manage policies and standards in one place at a global level.  Read more »

Raiffeisen Bank Becomes Agile and Innovative with Backbase’s Omni-Channel Banking Platform

Raiffeisen Bank, a member of Austrian Raiffeisen Group, has selected Backbase, the omni-channel digital banking market leader, to deliver its new digital omni-channel banking platform. Raiffeisen Bank in Romania serves over 2 million customers, of which 100,000 SMEs, 5,600 corporations and 1.9 million personal banking customers. Read more »

Fincluders Startup Challenge Targets Mena

The first Fincluders Startup Challenge outside Europe is set to feature prize money of up to USD 15,000 for fintech entrepreneurs with solutions and concepts for spreading financial inclusion in the Middle East and North Africa (MENA), says the event’s organizer, the Technical Assistance Facility of the SANAD Fund for MSME. Read more »

Yes Bank Chooses 12 Startups To Join Inaugural Cohort

YES FINTECH, YES BANK’s Business Accelerator Program for Fintech Startups today announced the 12 startups that are set to join its inaugural cohort. Read more »

Next-gen transactions digital transformation and FinTech embraces Europe’s leading ATM conference with a fresh look

As retail banking goes through a period of unprecedented change, banks are looking more than ever to cut costs and streamline processes, while discerning customers continue to demand the highest standards in customer care. Self-Service Banking Europe 2017 provides a crucial forum for banks, independent deployers, solutions providers and industry experts to share knowledge and best practice, in order to navigate a course through this challenging... more Read more »

Chinese FinTech fund invests in US startup

CreditEase, a $1 billion Chinese FinTech investment fund operating abroad, has announced a series of investments in US-based financial technology startups. It was founded in December 2015 by former Donaldson, Lufkin & Jenrette investment banker Ning Tang, has participated in a series C financing round in US electronic bond trading platform Trumid, and a series B round in capital markets corporate access firm, WeConvene. It has also joined a... more Read more »

BayMarkets Technology appoints Per Anderson as head of sales and business development

Baymarkets Technology AB (Baymarkets), a leading Nordic provider of FinTech and RegTech solutions to the global financial services industry, announced today the appointment of Per Andersson as Head of Sales and Business Development. His arrival brings 20 years of experience of building and managing businesses in the FinTech sector and he joins Baymarkets’ management team with immediate effect.   Per was previously Head of Sales at Pantor... more Read more »

Startupbootcamp

UK Fintech Market Turns to Artificial Intelligence and Puts Customers First

In a new report, ‘The start-up view: a year in FinTech’,Startupbootcamp and PwC analyse application data from Startupbootcamp’s FinTech accelerator programme as well as the volume of deals in the UK FinTech market in 2016. Working alongside startups and financial services companies, they have seen a big change in culture over the past year and a shift towards a better understanding of artificial intelligence and its potential to solve customer... more Read more »

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