May 19, 2021 @ 2:23 pm By Samantha Hurst  |  

    Singapore-based global cryptocurrency exchange KuCoin announced on Wednesday it has teamed up with Cashaa, a blockchain-based financial platform, to combat the COVID-19 crisis in India. KuCoin reported that as part of its charity initiative in India, the crypto platform has pledged ₹2 million worth… Read More

May 19, 2021 @ 1:18 pm By Samantha Hurst  |  

  Sezzle, Inc. (ASX: SZL), a U.S.-based installment payments platform, announced on Wednesday its long-term financing options with Ally Lending, a personal lending arm of Ally Bank, the banking subsidiary of Ally Financial (NYSE: ALLY). Sezzle reported that the financing solution expands upon its core product, offering… Read More

May 19, 2021 @ 1:01 pm By Samantha Hurst  |  

  BukuKas, an Indonesia-based fintech, announced this week it secured $50 million through its Series B funding round, which was included participation from Gokul Rajaram, Director and Board Member at DoorDash, as well as Taavet Hinrikus, Co-Founder and CEO of  Wise (formerly TransferWise). Founded in 2019, BukuKas describes… Read More

May 19, 2021 @ 10:48 am By Samantha Hurst  |  

Super, a U.S.-based insurtech startup, announced on Wednesday it raised $50 million through its Series C investment round, which was led by Wells Fargo Strategic Capital with participation from Asahi Kasei, AAA – Auto Club Group, Gaingels, REACH, and the NATIONAL ASSOCIATION OF REALTORS’ strategic technology investment fund. Founded in 2015,… Read More

May 19, 2021 @ 9:57 am By Samantha Hurst  |  

  Pipe, a U.S.-based recurring revenue trading platform, announced on Wednesday it secured $250 million through its latest strategic investment round, which was led by Greenspring Associates, and included new investors Counterpoint Global (Morgan Stanley), CreditEase FinTech Investment Fund, SBI Investment, 3L, Sound Ventures and Guy Oseary,… Read More

May 19, 2021 @ 9:21 am By Samantha Hurst  |  

  Finitive, a fintech platform that connects institutional investors with alternative lending investments, announced on Wednesday it received an investment from Sterling Bancorp (NYSE:STL). Founded in 2017, Finitive claims to be the leading data-driven private credit marketplace. The U.S.-based tech-enabled platform stated it provides institutional investors… Read More

May 19, 2021 @ 8:59 am By Samantha Hurst  |  

  Payment company Square Inc (NYSE:SQ) announced on Tuesday it has launched its integrated omnichannel solutions for businesses in Ireland. The fintech giant reported that following what it calls a successful Early Access Program, now all merchants and enterprises throughout the country may access Square’s… Read More

May 18, 2021 @ 4:07 pm By Samantha Hurst  |  

    ikigai, a banking and Wealthtech company, has successfully secured nearly 1.7 through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to raise £1.2 million has attracted more than 1260 Crowdcube investors so far. As previously reported, ikigai is on a… Read More

May 18, 2021 @ 3:08 pm By Samantha Hurst  |  

Mastercard announced on Monday it named European challenger bank Bunq the first European issuer to launch Mastercard’s True Name feature across Europe to support transgender and non-binary communities. According to Mastercard, the feature enables cardholders to leverage their chosen name on their card offerings, removing… Read More

May 18, 2021 @ 2:56 pm By Samantha Hurst  |  

  BuyProperly, a Canada-based real estate investing platform, announced on Tuesday it raised $2 million through its latest investment round, which was led by Nurture Ventures with follow-on participation from FastBreak Ventures and notable angel investors. Founded in 2019, BuyProperly describes itself as an online marketplace… Read More

May 18, 2021 @ 1:46 pm By Samantha Hurst  |  

  Commit USA announced on Tuesday it has joined forces with Joyn Insurance to support Joyn’s new insurtech platform. Commit USA reported it was selected to help with both the design and development of the new platform’s user experience. Joyn reported underwrites commercial insurance in the Small and Middle… Read More

May 18, 2021 @ 1:27 pm By Samantha Hurst  |  

  Finary, a France-based fintech that is focused on online, real-time investment monitoring across various asset classes, announced on Tuesday it raised €2.2 million through its latest seed funding round, which was led by Speedinvest, with participation from Y Combinator, Kima Ventures, and angel investors. Founded… Read More

May 18, 2021 @ 12:27 pm By Samantha Hurst  |  

  Payslip, an Ireland-based global payroll management software and fintech company, announced on Tuesday it closed an additional $10 million to its Series A financing round, which brought the total funds raised to $14.5 million. MiddleGame Ventures reported led the round and Mouro Capital serving as co-lead,… Read More

May 18, 2021 @ 10:53 am By Samantha Hurst  |  

  Amount, a U.S.-based financial institutions tech company, announced on Tuesday it raised nearly $100 million through its Series D funding round and has achieved unicorn status by having a post-money valuation of $1 billion. Founded last year, Amount reported it delivers the technology financial institutions need to create and… Read More

May 18, 2021 @ 8:10 am By Samantha Hurst  |  

  Tinkoff Investments announced on Monday it has launched Tinkoff InvestIndex, which is described as a set of indices that represent Russian investors’ activity and sentiment. Tinkoff InvestIndex shows what securities investors are buying or selling, what industries they favour, and what currencies they are… Read More

May 18, 2021 @ 7:57 am By Samantha Hurst  |  

    Global fintech infrastructure platform, Nium, announced on Monday the launch of its maritime payments solution. According to Nium, the solution was created to digitize the payments experience for shipping companies, their management, seafarers, and their families.  “The Nium maritime payment solution leverages the company’s… Read More

May 17, 2021 @ 3:39 pm By Samantha Hurst  |  

NymCard, a Banking-as-a-Software (BaaS) fintech based in the UAE, announced on Monday it has joined Visa’s Fintech Fast Track program. NymCard reported it has also previously completed the Visa Ready “Issuer Processor” program that ensures the fintech’s commitment to delivering tech solutions that meet Visa’s industry-leading… Read More

May 17, 2021 @ 3:09 pm By Samantha Hurst  |  

    Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Monday it is set to acquire Fortification Capital Inc., a Canadian registered investment dealer. According to Mogo, the acquisition will bring order execution only (OEO) registration capabilities, which… Read More

May 17, 2021 @ 1:47 pm By Samantha Hurst  |  

  Wells Fargo (NYSE: WFC) announced on Monday the launch of its Banking Inclusion Initiative, which is described as a 10-year commitment to help unbanked individuals gain access to affordable, mainstream, digitally-enabled transactional accounts. According to Wells Fargo, the initiative will focus on reaching unbanked communities and,… Read More

May 17, 2021 @ 12:55 pm By Samantha Hurst  |  

    US-based digital assets firm Gemini announced on Monday the waitlist of its highly anticipated crypto credit card has officially reached 250,000 signups. As previously reported, Gemini revealed it has teamed up with Mastercard as the exclusive card network to offer various features for the upcoming… Read More