The future of money is being rewritten in Asia
- 5 years 2 weeks 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
- 5 years 2 weeks 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
- 5 years 2 weeks 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
- 5 years 3 weeks 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
- 5 years 3 weeks 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
- 5 years 3 weeks 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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
- 5 years 1 month 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.
Integral and Jefferies FXPB Launch TrueFX
- 5 years 1 month ago
- FinTech StartUps
Integral, a leading financial technology company, and Jefferies, a global investment banking firm, today announced the launch of TrueFX, a fully integrated service designed for buyside firms to conveniently connect and trade with the FX market at a fraction of today’s trading costs.
First cross-border Fintech Programme between India, Greater China and South East Asia Launches
- 5 years 1 month ago
- FinTech StartUps
FT Slingshot, a new programme for Indian FinTechs, has launched at Hong Kong FinTech Week.
Xfers Launches Pilot Stablecoin Initiative Powered by Zilliqa to Drive Financial Inclusion in Southeast Asia
- 5 years 1 month ago
- FinTech StartUps
Southeast Asia's leading FinTech platform for digital businesses, Xfers, has launched its first blockchain-enabled initiative to further the goal of building an open financial ecosystem to enable financial inclusion in the region. With the launch of StraitsX, its pilot stablecoin initiative powered by Zilliqa, Xfers aims to create a frictionless and transparent payments ecosystem for Southeast Asia.
Intesa SanPaolo Buys Stake in Mobile Cash Startup MatiPay
- 5 years 2 months ago
- FinTech StartUps
Intesa Sanapolo has invested EUR7 million in MatiPay, which has developed a mobile payment system for purchasing services and products online with cash, using the physical network of vending machine banknote readers and coin acceptors.
