Dutch Fintech Startup Flow Your Money Raises EUR600K

Say goodbye to manually saving (and spending) your money - and say hello to auto-saving and auto-spending with Flow. With the Flow app, it’s possible to set up Smart Money Flows. For instance: - ‘On salary day, whatever money is left on my personal account, should be auto-transferred to my pension fund.’ - ‘For every incoming client payment, I want to auto-transfer 21% of the amount to my Tax Account.’ - ‘For every bonus, I want to auto-transfer... more Read more »

Brazilian Neobank Neon Raises $93.5 Million in Bid to Triple Account Base

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. Read more »

FinTech Connect arrives in Canada May 2020

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. Read more »

Integral and Jefferies FXPB Launch TrueFX

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.    Read more »

First cross-border Fintech Programme between India, Greater China and South East Asia Launches

FT Slingshot, a new programme for Indian FinTechs, has launched at Hong Kong FinTech Week. It is the first ever cross-border B2B FinTech programme focused on helping Indian firms scale and launch internationally, and will feature demo days in in Mumbai, Hong Kong, Shenzhen and Singapore. Read more »

Xfers Launches Pilot Stablecoin Initiative Powered by Zilliqa to Drive Financial Inclusion in Southeast Asia

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.   Read more »

Intesa SanPaolo Buys Stake in Mobile Cash Startup MatiPay

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. Read more »

Hyper announces mixed reality-based spatial design platform

HYPER, the London-based startup born from the EIT Digital-supported “HyperCRC” innovation activity, has launched a spatial design platform that fuses virtual reality with real, motion-tracked models, enabling companies and clients to physically experience their visions. HYPER will help them save time and money, while drastically reducing waste during the prototyping design phase. Read more »

Colt's Enhanced uCPE Proposition Brings Enterprises Closer To the Edge

Colt Technology Services has announced its enhanced universal customer premises equipment (uCPE) solution, which brings the benefits of Network Function Virtualisation (NFV) to enterprises. This expanded functionality provides a network operating system and hosting environment for Virtual Network Functions (VNFs), such as SD WAN and firewalls, all running on standard off-the-shelf servers, with both provider managed and customer managed NFV... more Read more »

Financial Industry Must Work Together To Fight Fraud

More than 60 delegates from the UK’s leading banks and other financial organisations have been told that the whole sector can work more closely together in order to stay one step ahead of fraudsters. That was one of the key messages shared at The 5th Annual Conference for Cheque Imaging & Remote Deposit Capture, which was held recently (Thursday 3rd October) in London. Read more »

'Fintech-as-a-service' Platform Rapyd Raises $100m

Rapyd, a fintech-as-a-service' platform that enables businesses and consumers to pay or be paid however they choose for local and cross-border e-commerce transactions, has closed a $100 million funding round led by Oak HC/FT and joined by Stripe. Tiger Global, Coatue, General Catalyst, Target Global, Stripe, and Entrée Capital also joined the round, which comes just months after Rapyd raised $40 million in Series B financing. Read more »

Blockchain Data Privacy Startup StrongSalt has Raised $3 Million in a Seed Financing Round

StrongSalt, a California-based startup, has raised $3 million in a seed financing round from Valley Capital Partners, the company announced on Thursday. With the freshly raised funds, the company is planning to develop its encryption platform-as-a-service for developers and enterprises. Read more »

Israeli startup GK8 unveils a technology for sending transactions to the blockchain without internet connection

Israeli startup GK8, which provides secure end-to-end management of digital assets, has Read more »

Detroit FinTech Bay Announces Detroit Blockchain Center to join location at TechTown; Detroit FinTech Bay Board of Advisors Appointed

Detroit FinTech Bay announced today that it will welcome the Detroit Blockchain Center as a resident within its space in TechTown Detroit. Additionally, Detroit FinTech Bay’s first board of advisors is announced. Entrepreneurs and leaders from financial institutions, corporations, community groups and academia make up the group’s membership. Partnership with Detroit Blockchain Center Read more »

UK Cash Deposit FinTech Flagstone recognised by LinkedIn as ‘Top Startup’

Flagstone, the UK’s largest cash deposit platform, has been recognised in LinkedIn’s ‘Top Startup’ list celebrating the fastest growing and most exciting new companies to work for in the UK. London based FinTech, Flagstone, has been included in LinkedIn’s 2019 Top Startups, which reveals the 25 hottest UK startups to work for; companies which are 7 years old or younger, growing massively, disrupting industries, shifting talent flows around the... more Read more »

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