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 »
Startups from around the world are developing niche technologies that are making life simpler and more convenient, but they struggle to find the right partners that can take their solutions farther. To help them make a bigger impact, Mastercard today welcomed 11 new startups to the eighth wave of the Mastercard Start Path program. Mastercard Start Path is the company’s global initiative to provide startups with the operational support and... more Read more »
MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN PartnersGroup, a China-based global investment management group. Goodwell Investments, an Amsterdam based investment firm focused on financial inclusion, fintech and inclusive growth, as well as several angel investors completed the round. Read more »
Scale-Ups.eu, a spinoff of the European collaboration innovation platform B-Hive, is organizing SuperNova together with Flanders DC on September 27-30. This four-day event aims to bring the most promising scale-ups, outstanding tech companies, and thought leaders from all around the globe in Antwerp to talk, pitch, and showcase. Read more »
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. Read more »
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. Read more »
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. Read more »
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. Read more »
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. Read more »
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. Read more »
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 Read more »
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. Read more »
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. Read more »
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. Read more »
