Samantha Hurst

CipherTrace Announces New Feature “Armada” to Provide Financial Institutions Critical Visibility Into High-Risk Cryptocurrency Payment Blind Spots

Blockchain security company CipherTrace announced this week the launch of its new feature, Armada. According to CipherTrace, Armada was created to support banks and financial institutions in achieving AML compliance by providing critical visibility into risky cryptocurrency blind spots so know your customer (KYC) processes… Read More

U.S. Fintech Wise Secures $5.7 Million Through Seed Funding Round Led By Base10 Partners’ Rexhi Dollaku

Wise, a U.S.-based fintech, announced this week it secured $5.7 million through its latest seed funding round, which was led by Base10 Partners’ Principal, Rexhi Dollaku, with participation from Abstract Ventures, Backend Capital, The Fund, Two Culture Capital, and notable angels such as Michael Vaughan,… Read More

Royal Bank of Scotland Shuts Down Mobile App Bank Bó Six Months After Launching to the Public

Royal Bank of Scotland (RBS) has reportedly shut down its mobile-app banking group Bó just six months after launching to the public. Bó is described as a small business with big ambitions. “We’re an app, a card, but most importantly a small change in your… Read More

Monese Rolls Out Desktop Online Banking Services

Digital banking group Monese recently announced its users may now log into their Monese accounts from their desktop with the new Monese for Web services. Monese reported that it designed the web version of its banking services to provide users with more tools and “better”… Read More

Santander Completes 50.1% Stake in UK Fintech Ebury After £350 million Investment

Spain-based Banco Santander (Santander Group), a multinational commercial bank and financial services company, announced this week it has completed its purchase of a 50.1% stake in Ebury, a UK-based Fintech firm that offers corporate banking services to small and medium-sized enterprises (SMEs) that trade internationally,… Read More

Swipe Launches Samsung Pay For Swipe Visa Cardholders

Swipe, a UK-based multi-asset digital wallet and Visa debit card platform designed to let users buy, sell and spend their cryptocurrencies, announced on Friday that Swipe Android users can now add their Swipe Visa Debit cards directly to their Samsung Pay Wallets. Founded in 2018,… Read More

Overfunding: UK Fintech Lifetise Surpasses £250,000 Funding Target Through Seedrs Campaign

Lifetise, a UK-based financial planning platform, has successfully secured its initial £250,000 equity crowdfunding target on Seedrs. Founded in 2014, Lifetise stated it helps users plan how to afford their life goals. The company shared: “We make it really easy to work out how much… Read More

Mambu Joins Forces With Tide to Power Revolving Credit Facilities & Overdrafts For SMEs

Mambu, a German SaaS banking platform provider, announced on Thursday it has formed a partnership with Tide, a UK-based business banking platform to power Tide’s revolving credit facilities and overdrafts for SME’s. Mambu reported that through the partnership it will help Tide scale and focus… Read More

Galileo Financial Technologies Scores Mastercard Certification in Mexico & Forms Partnership With Klar Following SoFi Acquisition News

U.S. fintech Galileo Financial Technologies announced on Thursday it has received its Mastercard certification in Mexico and has formed a new partnership with Mexican fintech Klar. The announcements come just weeks after SoFi acquired Galileo for $1.2 billion in both cash and stock. Galileo also… Read More

African Fintech Flutterwave Unveils SME E-Commerce Portal “Flutterwave Store”

Flutterwave, an African fintech firm, announced this week the launch of its new e-commerce platform “Flutterwave Store.” The platform was created for African merchants to create digital shops to sell their products online. According to Flutterwave, the Flutterwave Store allows merchants to upload products, set… Read More

ClearScore Launches Anti-Fraud Dark Web Monitoring Service “ClearScore Protect”

ClearScore, a UK credit checking service, announced on Thursday it has launched ClearScore Protect, a free anti-fraud dark web monitoring service. Along with the service, ClearScore released nationally representative research that reveals a third of adults in the UK have been victims of online fraud…. Read More

Covered By SAGE Secures $6 Million Through Seed Funding Round Led By NFX

Covered by SAGE, a modern, tech-enabled Property and Casualty (P&C) insurance brokerage, announced this week it secured $6 million through its latest seed funding round, which was led by NFX with participation from Tectonic Capital and Treasury, the fintech platform launched by Acorns and Betterment Co-Founders…. Read More

Neobank Startup Bambu Teams Up With FIS Platform to Bring Mobile-App Banking Services For Unbanked Consumers

FIS (NYSE: FIS), a financial services technology firm, announced on Thursday it has joined forces with neobanking group Bambu to power a new digital solution for the U.S. unbanked and underbanked. According to FIS, Bambu has created the solution to provide banking for underbanked Hispanics… Read More

Independent Fashion Retailers Marketplace Atterley.com Now Seeking £400,000 From the Crowdcube Crowd

Atterley.com, a UK-based marketplace for independent fashion retailers, is now seeking a minimum of £400,000 through its equity crowdfunding campaign on Crowdcube.  Founded in 2012, Atterley.com’s mission is to bring together discerning fashion consumers and the inventory fo the “best” boutiques and independents around the… Read More

Ownera Digital Securities Network Appoints Former Society Generale CIO Anthony Woolley As Europe’s Head of Business Development

Ownera, an emerging digital securities network, announced on Wednesday it has appointed Anthony Woolley as Europe’s Head of Business Development. Prior to joining the network, Woolley was the UK Chief Innovation Officer for the publicly traded French multinational investment bank and financial services firm Societe… Read More

bitFlyer’s Annual Crypto-Confidence Index Reveals: Confidence in Cryptocurrency Increases Across European Populations Year-on-Year Despite COVID-19 Pandemic

Japan-based cryptocurrency exchange bitFlyer announced on Wednesday it has released the results of its annual Crypto-Confidence Index, which confirmed that confidence in cryptocurrency increases across European populations year-on-year despite ongoing coronavirus crisis. According to BitFlyer, the index was built from a consumer poll of 10,000… Read More

Celsius Network’s Milestones: Surpasses 50,000 BTC In-App Deposits & Sees Record Growth in 2020

Celsius Network, a cryptocurrency lending, and borrowing platform, recently announced that more than 50,000 BTC have been deposited into Celsius apps since its launch in August 2018. This latest milestone comes just months after Celsius reported crossing 20,000 BTC deposits in its first year. Founded… Read More

Fintech & Insurtech Novae Teams Up With LifeMiles To Introduce Travel Protection Program “Miles Care”

Novae, a U.S.-based fintech and insurtech firm, has formed a new partnership with Latin American airline loyalty program LifeMiles to launch a new travel protection program called Miles Care. According to the duo, the program will enable travelers’ protection for trip cancellation and interruption, delayed… Read More

Canadian Fintech XTM Lists on Frankfurt Stock Exchange

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Wednesday it has listed its common shares for trading on the Frankfurt Stock Exchange (Deutsche Boerse AG) under the “7XT” symbol. XTM reported its shares will now be cross-listed on the… Read More

Crypto Data Provider Skew Secures $5 Million Through Latest Investment Round Led By Octopus Ventures; Announces Trade Execution Service skewTrading

Skew, a UK-based crypto data provider, announced on Wednesday it secured $5 million through its latest investment round, which was led by Octopus Ventures with participation from Digital Currency Group, as well as existing investors Firstminute Capital and Seedcamp. Founded in 2018, Skew claims to… Read More

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