Edward Jones Teams Up with SixThirty to Support Financial Technology Startups

Today Financial services firm Edward Jones announced a multi-year partnership with SixThirty, a St. Louis-based venture fund that invests in financial technology (FinTech) startup companies. Backed by the St. Louis Regional Chamber, SixThirty was founded in 2013 and to date has funded more than 25 startups across the globe.Edward Jones Chief Information Officer Vinny Ferrari said the relationship with SixThirty is consistent with the firm's... more Read more »

Zeta Introduces E-meal Voucher on RuPay Platform

Fintech start-up Zeta, which offers digital employee benefits for tax optimisation, has tied up with National Payments Corporation of India (NPCI) payment platform - RuPay. The partnership will widen Zeta’s payment network and push for a more inclusive adoption of digital payments in corporate India. This collaboration makes Zeta’s meal voucher solution the first ever such solution to run on Government of India endorsed RuPay platform.  Read more »

Spotcap Launches Fintech Fellowship

Launching on 11th April, the programme will support one individual per academic year with an £8K stipend to support studies. The fintech sector is one of the UK’s fastest growing sectors, adding more than £6.6 billion into the local economy and attracting more than £500 million of investment. Its continued success is closely connected to access to talent, in the short- as well as long-term. Read more »

Lloyds Banking Group: Updates On FinTech Mentoring Scheme

Previousely, Lloyds Banking Group introduced a new mentoring scheme that sees FinTech start-ups benefit from the broad expertise of its colleagues from across the Group. Amongst other relationships, Innovate Finance helped to identity suitable start-ups to benefit from the scheme, which sees senior Lloyds Banking Group colleagues act as mentors to help FinTech start- ups develop their business and proposition by sharing expertise. The scheme isn... more Read more »

The Spot: Startups Shifts To Frankfurt FinTech Hub

German Robo Advisor Ginmon and other FinTechs move into the new center “The Spot” and settle in Frankfurt’s financial district. With a monthly growth rate of 30 percent and 30 employees an extension of area became necessary for Ginmon. The new accommodation of 400 square meters is situated in the new founded FinTech-Hub “The Spot” (Mainzer Landstraße, nearby François-Mitterrand-Platz). Ginmon’s new office is close to the financial district as... more Read more »

UNEP and FinTechs Partner For Sustainable Finance

The Stockholm Fintech Hub is supporting Sweden and the United Nations Environment Programme to pilot the UN’s 2030 vision for sustainable finance. Although modern society couldn’t have developed without the finance sector, it’s come at a cost to people and the planet. Inequality has increased and the Earth faces serious environmental threats. In 2015, world leaders came together to find solutions, and agreed on 17 global goals for 2030 that... more Read more »

InsurTech Startup Trov Closes $45 Million Series D Financing

Today Trov, the advanced technology company revolutionizing insurance for the tech-empowered consumer, reported that it has closed $45 million in Series D funding led by Munich Re / HSB Ventures, bringing its total funding to just over $85 million.  Read more »

Destinations Revealed as Sibos Looks Ahead to a New Decade

Sibos has reported the host cities for both 2020 and 2021, which will be Boston and Singapore respectively. In 2020, Sibos returns to Boston and will welcome thousands of senior figures from the global financial services and technology communities to the Boston Convention and Exhibition Center (MCCA), one of North America’s largest venues. It will provide the perfect platform for four days of high-level networking, discussion and debate as Sibos... more Read more »

SBI Restructures FinTech Units

Today the SBI Group hereby declares that it has reached the conclusion to reorganize its subsidiaries, including SBI AXES Co., Ltd., a subsidiary listing on South Korea's KOSDAQ Market, which leads to aggregation of the Group's FinTech businesses. Also, upon the reorganization, SBI AXES has begun preparation for changing its corporate name. 1. Background of the reorganization of subsidiaries Read more »

JWG and ClauseMatch Announce Further RegTech Collaboration

Today ClauseMatch and JWG announced the development of a unique solution to simplify and better structure how regulatory changes are driven through internal banking policies. Read more »

Illuminate Financial and IHS Markit: Cheap capital markets data for fintech startups

Today IHS Markit (INFO), a global leader in critical information, analytics and solutions, and Illuminate Financial, a world venture capital firm focused on capital markets technology, introduced a Fintech Data Program to provide early stage companies with free or low cost proprietary capital markets data from IHS Markit.  Read more »

ClauseMatch unveils next-gen document workflow collaboration platform to Transform Policy Management and Compliance Within Banks

Today ClauseMatch, major financial technology company that provides software-as-a-service platform for smart document management, announced the launch and global availability of its innovative online editor. London-based ClauseMatch, a successful 2014 graduate of the inaugural Barclays Accelerator programme, shall be working with Barclays to enable the bank to manage policies and standards in one place at a global level.  Read more »

Raiffeisen Bank Becomes Agile and Innovative with Backbase’s Omni-Channel Banking Platform

Raiffeisen Bank, a member of Austrian Raiffeisen Group, has selected Backbase, the omni-channel digital banking market leader, to deliver its new digital omni-channel banking platform. Raiffeisen Bank in Romania serves over 2 million customers, of which 100,000 SMEs, 5,600 corporations and 1.9 million personal banking customers. Read more »

Fincluders Startup Challenge Targets Mena

The first Fincluders Startup Challenge outside Europe is set to feature prize money of up to USD 15,000 for fintech entrepreneurs with solutions and concepts for spreading financial inclusion in the Middle East and North Africa (MENA), says the event’s organizer, the Technical Assistance Facility of the SANAD Fund for MSME. Read more »

Yes Bank Chooses 12 Startups To Join Inaugural Cohort

YES FINTECH, YES BANK’s Business Accelerator Program for Fintech Startups today announced the 12 startups that are set to join its inaugural cohort. Read more »

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