Da Vinci Capital Invests in Russia's Global Fintech Solutions
- 7 years 9 months ago
- FinTech StartUps, IT Innovations
Global Fintech Solutions (GFS), a fintech platform aimed at transferring leading global technologies into emerging markets, raised a new funding round from several funds under the management of Da Vinci Capital and from its the portfolio group, ITI Funds. Investment group Prytek was a co-investor in the investment round.
FINTECH STARTUP ZOTO WITNESSES MASSIVE GROWTH IN USER BASE AND ORDER VOLUMES IN 2017-18
- 7 years 9 months ago
- FinTech StartUps
Zoto, a product of Hedonmark Management Services Limited and Nigeria’s fastest growing payment solution, today announced that its transacting user base and order volume grew by 56% and 200% respectively in the last financial year and it is set to replicate an even higher growth curve in the financial year 2018 -19.
Viva Network To Disrupt Mortgage Industry Through Blockchain Platform
- 7 years 9 months ago
- FinTech StartUps
Viva Network Holdings Limited (“Viva Network” or “Viva”), a Bermuda-based fintech startup, has today announced its plan to launch a comprehensive borderless mortgage products platform.
New Digital Innovation Centre to secure digital transformation at Gazprom Neft
- 7 years 9 months ago
- FinTech StartUps, IT Innovations
A new Digital Innovation Centre is being established at Gazprom Neft, for the development and implementation of digital technologies in logistics, processing and sales. As part of its activity, the Centre will bring together Russian technology and IT start-ups, developers and the scientific community to pool resources to research and develop innovative solutions that will improve business efficiency.
L MARKS ANNOUNCES EXPANSION INTO JAPAN
- 7 years 9 months ago
- FinTech StartUps
L Marks, the corporate innovation specialist and early stage investor announces today the launch of operations in Japan, where it will target the major Japanese corporate brands that are ripe for innovation as well as the country’s fast-growing startups. L Marks’ first corporate client in Japan is BMW Group Financial Services Japan. Their partnership will deliver the BMW Innovation Lab 2018 for the financing arm of the global automotive giant.
Averon raises $13.3 Million
- 7 years 10 months ago
- Security, FinTech StartUps, IT Innovations
Averon, developer of the world’s first mobile identity verification standard that is both automatically frictionless and ultra-secure, announced today it has closed a $5 million Series A1 financing round led by Avalon Ventures and Salesforce founder and CEO Marc Benioff. The round follows Averon’s heavily oversubscribed Series A (October 2017), also led by Avalon Ventures, bringing the full Series A amount raised to $13.3 million.
APAC Fintechs embrace open innovation with Finastra
- 7 years 10 months ago
- FinTech StartUps, IT Innovations
Finastra welcomed several APAC Fintech early adopters to its FusionFabric.cloud open architecture ecosystem today at its regional flagship thought leadership event, Finastra Universe, in Singapore. Underpinned by Microsoft Azure, Microsoft’s enterprise-ready trusted cloud platform, FusionFabric.cloud enables third parties t
Lithuanian Business Angel Network (LitBAN) Launches in Vilnius with Overwhelming Success
- 7 years 10 months ago
- FinTech StartUps, IT Innovations
Lithuanian Business Angel Network’s (LitBAN) founding event, which took place on March 14th in Vilnius, was an overwhelming success with over 150 attendees and 50 registered paying members.
Startupbootcamp Scale FinTech names 5 top startups to join inaugural Mexico City program
- 7 years 10 months ago
- FinTech StartUps
Startupbootcamp Scale FinTech Mexico City, the first innovation program for growth stage startups in Latin America, announces the five FinTech startups chosen to be part of its first program, based in Mexico City. The program is run in partnership between Startupbootcamp FinTech and Finnovista, the leading champion of FinTech innovation in Latin America.
YellowDog Closes Investment Round from Industry Leaders Bloc Ventures to Scale Across Multiple Verticals
- 7 years 10 months ago
- FinTech StartUps, IT Innovations
YellowDog, recognised as one of the top 15 Disrupter Businesses in the South West, has closed its most recent investment round with Bloc Ventures as lead investor. Bloc, founded by industry veterans from ARM Holdings and Vodafone, identified the significant potential in YellowDog, and lead this fundraise to initiate their next stage of expansion.
Pushfor and Xtremepush take the prizes at the Dublin Innovation Jam
- 7 years 10 months ago
- Banking, FinTech StartUps
Temenos (SIX: TEMN), the banking software company, announces that Pushfor and Xtremepush won the public and judges’ vote, respectively, at its first ever Dublin Innovation Jam.
Atom bank raises £149m in latest fundraising round
- 7 years 10 months ago
- Banking, FinTech StartUps
Durham-based Atom bank has raised £149m in a round led by cornerstone investors BBVA and Toscafund. As part of this fundraising round BBVA will invest a further £85.4m in the 5-star rated (Trustpilot) bank, increasing its ownership to around 39% subject to regulatory and shareholder approval. Toscafund will invest £54.4m and is also increasing its stake in the bank. A number of Atom’s other existing shareholders are also supporting this raise.
Callsign wins competitive London heats of NTT DATA Open Innovation Contest 2018
- 7 years 10 months ago
- FinTech StartUps, IT Innovations
Callsign has beaten 10 other start-ups to win the London stage of NTT DATA’s 2018 Global Open Innovation Contest, and its team will now fly to Tokyo, Japan to compete against entrepreneurs from around the world in the competition’s Grand Finale. Contestants will be competing for the chance to win a three-month in-kind contribution to support the development of their proposed new business, and an opportunity to break into the highly innovative... more
FinTech in South Africa: Accelerating the Digital Transformation of Banking & Financial Services
- 7 years 10 months ago
- FinTech StartUps, IT Innovations
Africa’s financial services landscape continues its dynamic evolution as the rapid growth of FinTech on the continent drives both the disruption and leapfrogging of legacy systems and further accelerates the digital transformation of financial services. In South Africa, the major banks are rapidly ramping-up their own innovation strategies and collaborating with new game-changing start-ups to drive efficiencies, make digital profitable and... more
WITHOUT FINTECHS, THE UK IS SERIOUSLY LAGGING BEHIND GLOBAL RIVALS IN DIGITAL
- 7 years 11 months ago
- FinTech StartUps
Seismic changes in UK policy and legislation could be negatively impacting the UK financial service industry’s ability to build a globally competitive digital customer experience. According to an international study commissioned by identity data intelligence specialist GBG and conducted by Forrester Consulting, the UK financial sector is lagging behind China, Singapore, the US and Australia in adopting new approaches to authenticating customer... more
