Brazilian Neobank Neon Raises $93.5 Million in Bid to Triple Account Base
- 5 years 2 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
- 5 years 2 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.
Integral and Jefferies FXPB Launch TrueFX
- 5 years 2 months 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 2 months 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 3 months 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 3 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.
Hyper announces mixed reality-based spatial design platform
- 5 years 3 months ago
- Digital Identity, FinTech StartUps
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.
Colt's Enhanced uCPE Proposition Brings Enterprises Closer To the Edge
- 5 years 4 months ago
- FinTech StartUps
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
Financial Industry Must Work Together To Fight Fraud
- 5 years 4 months ago
- FinTech StartUps
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.
'Fintech-as-a-service' Platform Rapyd Raises $100m
- 5 years 4 months ago
- FinTech StartUps
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.
Blockchain Data Privacy Startup StrongSalt has Raised $3 Million in a Seed Financing Round
- 5 years 4 months ago
- Blockchain, FinTech StartUps
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.
Israeli startup GK8 unveils a technology for sending transactions to the blockchain without internet connection
- 5 years 4 months ago
- Blockchain, FinTech StartUps
Israeli startup GK8
Detroit FinTech Bay Announces Detroit Blockchain Center to join location at TechTown; Detroit FinTech Bay Board of Advisors Appointed
- 5 years 5 months ago
- Blockchain, FinTech StartUps
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
UK Cash Deposit FinTech Flagstone recognised by LinkedIn as ‘Top Startup’
- 5 years 5 months ago
- FinTech StartUps
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
MDOTM continues to grow: two new experienced hires to speed up its international scale-up
- 5 years 5 months ago
- Artificial Intelligence, FinTech StartUps
MDOTM, a fintech startup that develops AI-driven strategies and quantitative models to support banks and asset managers in their investment decisions, continues to grow with Andrea Caletti and Paul Holleran joining to manage Business Development. In accordance with the long-term development strategy, the two professionals will focus on European and UK institutional investors to speed up its international scale-up.
