- 26.05.2020 01:53 pm
- FinTech StartUps
Today marks the start of the fourth round of the Fintech Partnership Program Elevator Lab, which was established by Raiffeisen Bank International (RBI) in 2017. While in the past the search for fintechs from all over the world was conducted centrally from Vienna and the subsidiary banks focused on their local fintech ecosystems, this time they play a more active role in the global search.
In its bid to simplify ordering, payments and delivery of essentials during the lockdown, PayNearby, India’s fastest growing hyperlocal FinTech startup has now expanded its hyper local discovery and purchase application ‘BuyNearby’ for Pan India operations with IndusInd Bank as digital payment partner.
Breega and Connect Ventures, two founder-friendly VCs specialised in funding early-stage tech startups, have joined forces with 28 other UK-based VCs to provide free and confidential advice to startups looking for help on coping with challenges arising from the Covid-19 crisis.
- 01.05.2020 09:25 am
- FinTech StartUps
PayNearby, India’s largest hyperlocal fintech startup network has launched JobsNearby, an assisted job registry that will help migrant workers who have been affected by the pandemic lockdown to seek gainful employment. The company has decided to announce the initiative on 01st May, which also happens to be the ‘International Worker’s Day’. Through its vast network of more than 9 lakh retail touchpoints, spread across 17,000 plus PIN codes in the... more
Nigerian fintech platform Okra has secured a $1mn pre-seed fundraise from TLcom Capital, strengthening its push to build the infrastructure for Africa’s next wave of fintech innovation.
British Business Investments Ltd, a commercial subsidiary of the British Business Bank, has announced a new commitment under its £100m Regional Angels Programme, committing £10m to Startup Funding Club Limited (SFC). The commitment will be managed by SFC and invested alongside the SFC SEIS & EIS Funds as well as the SFC Angel Network. SFC intends to deploy the commitment in over 100 early stage businesses across the UK to deliver almost £40m... more
FinTech phos raises €1.3M to expand its revolutionary software PoS in Europe as cash usage declines rapidly
Phos, the fintech that created the first-ever software PoS which allows merchants to accept payments directly on their phones, today announced that it has closed a fundraising round of €1.3M. The round was led by New Vision 3 and also saw new angel investment in the business. The new funding sees the total amount raised by the business increase to €2.5M, enabling phos to grow its development team to introduce new features like PIN on Phone, its... more
Privitar, the leading data privacy platform provider, today announced that it has completed an $80 million Series C funding round led by Warburg Pincus, a global private equity firm focused on growth investing, with participation from Accel, Partech, IQ Capital, Salesforce Ventures and ABN AMRO Ventures.
Kickstart, one of Europe’s largest innovation platforms, is welcoming applications for the fifth iteration of its annual B2B scale-up programme aimed at late-stage start-ups interested in entering the Swiss market. Around 100 entrepreneurs will join the three-month programme in September to connect and create specific pilots and commercial projects with one of Kickstart’s 50 corporate and public sector partners, which include businesses like... more
Edinburgh-based Zortrex, a disruptive data security start-up, has launched Zortrex Token Vault. Designed to help organisations reduce the cost and complexity of protecting against data breaches, ensure customer privacy and compliance with ever-changing regulatory requirements, Zortrex Token Vault is a scalable and secure platform that tokenises messages in-line, removing and storing sensitive data such as credit/debit card information at the... more
Analysis of global startup hubs by Outlier Ventures, as part of London Blockchain Week has revealed that London may be one of the most preferred hubs for blockchain start-ups to headquarter themselves. A remarkable 450 blockchain companies call London home. Inflow of talent from the EU (prior to Brexit), low barriers to company incorporation and active involvement of the FCA combined with the broader fintech ecosystem around London is... more
Bitfinex & Tether CTO to reveal "The Story of Tether” during an industry-first keynote at the CryptoCompare Digital Asset Summi
Tether has fuelled the growth of digital assets since it was founded in 2014 and today accounts for over 75% of all Bitcoin trading volume. At London’s CryptoCompare Digital Asset Summit on the 10th of March, Paolo Ardoino, CTO of Bitfinex & Tether, will tell the story of Tether’s inception and success during an exclusive keynote dubbed "The Story of Tether".
- 27.02.2020 12:35 pm
- FinTech StartUps
London fintech B-Social has completed a Seed 2 funding round of £7.8 million as it continues its push to become a fully-licensed bank. Nazim Valimahomed, CEO said: " I’m delighted to let you know that we’ve completed our Seed 2 funding round of £7.8 million, bringing our total funding to £13.25 million. Our Seed 2 funding round is another key milestone towards building the greatest social bank on the planet and changing the relationship people... more
- 25.02.2020 12:28 pm
- FinTech StartUps
Rabo Frontier Ventures (“RFV") has committed to Speedinvest’s new fund (Si3). With its latest fund Speedinvest aims to build a portfolio of 80 to 100 investments in European technology startups. The fund, targeting a size of €190 million, will focus on sectors in which Speedinvest has gained experience since inception in 2011, including deep tech & enterprise software, fintech, industrial tech, marketplaces & network effects.