Business bank account Penta today announced a €7 million investment round as its customer base continues to grow at pace. User numbers have increased over 900%, since the company's last fundraise just eight months ago. This brings Penta’s total fundraising to €10M. A transparent, community-driven approach and active commitment to world-leading customer service has helped Penta win favour of the German business community since launching back in... more Read more »
The International Monetary Fund and the World Bank Group today launched the Bali Fintech Agenda, a set of 12 policy elements aimed at helping member countries to harness the benefits and opportunities of rapid advances in financial technology that are transforming the provision of banking services, while at the same time managing the inherent risks. Read more »
Event: FinTECHTalentsDates: 30th & 31st October 2018 Venue: Here East, London – in the Queen Elizabeth Olympic ParkSponsors: include Finastra, Pluralsight, TSB, Travelex, Capita, and Rand Merchant Bank FinTECHTalents is the ultimate fintech festival offering two days of innovation, collaboration, live tech demos, music & craft beer – and is being held at Here East, London for its inaugural edition. Read more »
Augmentum Fintech plc (LSE: AUGM) (“Augmentum” or the “Company”), one of Europe’s leading fintech venture capital investors, announces an investment of £5.3 million in UK based fast-growing mobile-only current account provider Monese. Augmentum is participating in this £46 million Series B fundraising alongside Kinnevik, PayPal and Avios, all of whom are investing in Monese for the first time. Read more »
Brett King, author, futurist, founder of mobile startup bank Moven and host of one of the top FinTech podcasts will open the Innotribe programme at this year’s Sibos in Sydney. A former advisor to the Obama administration on the future of banking, King’s opening will leap forwards to life in 2030, looking at contextual banking, quantum and what new technologies will take their place in the future of money. Read more »
Today Instantor, the Swedish fintech company making financial decisions easy, announces, WDSK, The World Domination Starter Kit. The WDSK is an initiative to support start-ups and scale-ups to develop next-generation products by giving them access to Instantor´s Bank API with no associated costs for new Instantor customers. By using Instantors bank API, developers will have access to transactional data from over 300 banks in 25 countries, with... more Read more »
Ecobank, the leading independent pan-African banking group, has announced the finalists for the 2nd edition of the annual Ecobank Fintech Challenge, a competition for Africa-focused technology start-ups. The list includes eleven (11) fintech start-ups from across the continent and beyond. An Innovation Fair & Awards ceremony will honour the start-ups on August 30, 2018 at the global headquarters of Ecobank in Lomé, Togo. Read more »
Located in the heart of Europe, Belgium will host three key events - B-Hive Fintech Hackathon, Digital Finance Europe and SuperNova - tackling the challenges faced by the financial sector today Read more »
Leading fintech companies from the dynamic Sub-Sahara Africa (SSA) technology startup community have made it to the finals of Visa’s Everywhere Initiative, a global innovation program that tasks start-ups to solve commerce challenges of tomorrow, further enhance their own product propositions and provide visionary solutions for Visa’s vast network of partners. Read more »
The leading global acceleration program focused in FinTech picked the 10 startups that will make up its second generation in Latin America. During the selection event, Startupbootcamp FinTech announced the recent addition of Latinia as its second investment partner. Read more »
Out of 900 applications from 64 countries 60 startups were invited to pitch for Swiss Kickstart Accelerator. YUKKA Lab AG, the Berlin-based FinTech startup for applied augmented language intelligence and context-based sentiment analysis in the European financial sector, is one of four German startups that was selected for the 2018 program. Read more »
New research from Startupbootcamp InsurTech (SBC) and PwC launches today, exploring how InsurTech has rapidly evolved over the past three years since Startupbootcamp InsurTech was established. The report shows that the narrative surrounding InsurTech has shifted and both parties are now working together to take the insurance industry into the next decade. Read more »
Raiffeisen Bank International AG (RBI) has received 407 applications for the second batch of “Elevator Lab”, RBI’s fintech partnership program. This means an increase of more than twenty per cent compared to the first batch when 336 fintech start-ups used the opportunity for a potential long-term cooperation with the RBI Group and its 16.6 million customers in Austria and the Central and Eastern Europe (CEE) region. Read more »
Today myGini Inc., a San Francisco-based provider of leading-edge software solutions for the fintech sector, has launched its state-of-the-art consumer loyalty engine into the European financial services market. myGini is the first integrated payments and shopping app to provide financial institutions with their own easily installed reward program triggered by MasterCard and Visa card transactions. It allows banks to increase customer loyalty... more Read more »
Mastercard today announces the creation of Accelerate, a new programme to drive growth at scale for the fast-evolving FinTech industry. The initiative is designed to support the ambitions of players in the FinTech sector through tailored support arrangements including access to insight, tools, technology and investment to support innovation. Designed to operate alongside the successful Start Path programme, Accelerate broadens and deepens... more Read more »
