Allevo exhibits at Startup Grind Global Conference 2020 in Silicon Valley
- 4 years 3 months ago
- FinTech StartUps, IT Innovations
Allevo, a Romanian financial software company, has been selected by Startup Grind, powered by Google for Startups, for the Startup Exhibition in the Grind category at the 2020 Startup Grind Global Conference held February 11-12th in Silicon Valley.
HSBC Joins OpenFin’s Series C Financing Round
- 4 years 4 months ago
- Banking, FinTech StartUps
OpenFin, the operating system (OS) of finance, announced today that HSBC has joined its Series C financing round, bringing the total amount raised in this round to $22 million and total funding to date to $45 million. OpenFin will use the latest round of financing to expand its product offering into Asian markets and to fund new product initiatives. Now used at more than 1,500 banks and buy-side firms across nearly 200,000 desktops in 60+... more
Google And Sage Partner Odgers Berndtson in Mentoring Initiative for Women in Tech
- 4 years 4 months ago
- FinTech StartUps
Odgers Berndtson, a leading global executive search firm, has added Google and Sage as lead partners on Rebus, an industry-wide mentoring initiative to fast-track senior women across the UK technology sector. Mentors from more than 50 leading UK technology companies have so far pledged support, including Vodafone, TalkTalk, ARM Holdings, NVIDIA, SAP and Blackberry. Rebus was launched in October with founding partners Odgers Berndtson, Avanade... more
Odoo Announces $90 Million Investment Led by Summit Partners
- 4 years 4 months ago
- FinTech StartUps
Odoo, a leader in open-source all-in-one business software, announced today that it has closed a $90 million minority investment led by global growth equity investor Summit Partners, with participation from Odoo’s executive management team and existing investor SRIW and its affiliate Noshaq. New investor Summit Partners joins management and current shareholders, including SRIW, Sofinnova and XAnge in supporting Odoo’s rapid product development... more
The future of money is being rewritten in Asia
- 4 years 4 months ago
- Payments, Banking, FinTech StartUps, IT Innovations
Disruptions that began with technological and business model innovations in other places are expressed in new ways in Asia. In banking, payments and retail, Asia is leading the wave of disruption. In each case, these changing models, as well as unique situations, are enabling consumer choice, shifting profit margins and creating new opportunities. Technology
Goldman Sachs Enlists Startup for Quantum Computing Push
- 4 years 4 months ago
- RegTech, FinTech StartUps
Wall Street giant Goldman Sachs is teaming up with Silicon Valley startup QC Ware to investigate the use of quantum algorithms in finance. As the promise of quantum computing inches nearer, Goldman has been working with QC Ware to explore how the technology will eventually outperform classical computers for finance applications. Goldman and QC Ware are investigating whether quantum computing can be used with the Monte Carlo algorithm, which is... more
YES Bank Launches API Marketplace
- 4 years 4 months ago
- Banking, FinTech StartUps
India's YES Bank has launched an online marketplace where startups from a host of sectors can pitch tools integrated with the lender's APIs. The YES Scale Marketplace already hosts more than 100 offerings from startups working in areas such as logistics, healthcare, agritech and edtech. The platform is designed to make it simple for startups to jointly go to market with YES Bank, offering their services, complete with banking integrations, to... more
USAM Group Adds Powerhouse Fintech Duo to Client Roster
- 4 years 4 months ago
- FinTech StartUps
USAM Group, a global team of enterprise sales and marketing professionals that matches financial institutions with best-of-breed solutions from advanced information and technology vendors, is pleased to announce the addition of two complementary offerings to its rapidly growing roster of fintech solutions: HeliumTM by Levyx is system-level data processing software that delivers unparalleled capacity, automatic persistence, and incredible speed... more
Nationwide Invests in Charity App Percent
- 4 years 4 months ago
- FinTech StartUps
Nationwide Building Society has dipped into its £50 million venture fund to take an undisclosed stake in app-based donations startup Percent. Percent offers users a card-linked app with the opportunity to donate a percentage of their spending at participating retailers to their chosen charity or local good cause. The Percent app, which has an initial focus on students and young people, is being rolled out in cities across the UK and has so far... more
Mastercard Start Path Welcomes Seven Fintechs to Help Build the Future of Commerce
- 4 years 4 months ago
- FinTech StartUps
Investment in fintech has reached new heights with more than $39 billion invested globally last year. New opportunities abound to bring innovative technology to market through strategic partnerships – what may arise from a customer need, pain point or desire can become a reality through co-creation with corporations that can benefit from new ways of thinking and in turn offer funding and scaling opportunities.
Bokio, the Swedish startup simplifying accountancy with AI, raises €4M round led by Creandum
- 4 years 4 months ago
- Artificial Intelligence, FinTech StartUps
Bokio, the Swedish based startup which utilises artificial intelligence to simplify bookkeeping for small businesses, sole traders, and freelancers, has raised €4M.
Fintech Particeep closed a €1.2 million Venture Loan funding with La Banque Wormser Frères
- 4 years 4 months ago
- Banking, FinTech StartUps
The French Fintech Particeep has closed a Venture Loan funding agreement with La Banque Wormser Frères. This innovative funding brings the amount raised by the FinTech since its inception to 2.5 million euros and will enable it to strengthen its business development in France and abroad as well as its efforts in research and development.
Dutch Fintech Startup Flow Your Money Raises EUR600K
- 4 years 4 months ago
- FinTech StartUps
Say goodbye to manually saving (and spending) your money - and say hello to auto-saving and auto-spending with Flow.
Brazilian Neobank Neon Raises $93.5 Million in Bid to Triple Account Base
- 4 years 4 months ago
- FinTech StartUps
Fast-growing Brazilian neobank Neon has raised $93.5 million in a Series B round led by General Atlantic and Banco Votorantim as it seeks to grow its two million customer base beyond the Rio-Sao Paulo corridor. This is Neon's second round of funding. The first investment, valued at $22 million, was made in May 2018 by venture capital funds Monashees, Omidyar Network, BBVA's Propel, Quona and Mabi, who have each returned for the current round.
FinTech Connect arrives in Canada May 2020
- 4 years 4 months ago
- FinTech StartUps, IT Innovations
IQPC Ltd the organiser of FinTech Connect, the UK’s biggest fintech event, is launching a new show in Toronto, Canada, next year following five successful years in London.
