Tagged: finance

SkySparc Enhances Finance Industry Expertise with Mindbanque Acquisition

Established in 2010, Mindbanque’s consultants use their industry experience and understanding of the finance sector “to offer guidance and insight to shape business strategy and manage business transformation projects, using strengths across operations, compliance, integration and project management.” The acquisition of Mindbanque will “allow SkySparc… Read More

Fintech Unicorn Brex Appoints Doug Adamic as CRO

Brex, the company “reimagining finance” for growing businesses, recently announced the appointment of Doug Adamic as its Chief Revenue Officer. Doug will “lead revenue and growth strategy for Brex as the company expands into financial software with Brex Empower and grows its global offerings for… Read More

Floan, a Budgeting Tool to Help People Travel, Secures £92,070 via Seedrs

Floan, a budgeting tool that aims to help people travel, by “offering point of sale finance” for flights, has raised 115% (£92,280) of its £80,010 target (at the time of writing) from 68 investors with 24 days left in the firm’s crowdfunding campaign, carried out… Read More

Italy: Banking Group Sella Introduces Metaverse Accelerator Program

Italian banking group Sella has reportedly introduced an acceleration program focused on helping startups who are working on finance solutions for the Metaverse. Managed by Sella’s venture incubator dpixel with the OGR Torino hub, the Metaverse 4 Finance Accelerator is focused on identifying and supporting… Read More

BOND.AI Introduces BOND Network to Create a “Unique” Partnership Between Financial Institutions, Employers

BOND.AI, a “human-centered” artificial intelligence firm, recently announced the creation of The BOND Network, a “first-of-its-kind” network of financial institutions and employers for “truly interconnected finance.” The network gives partners – like banks, credit unions, large enterprises, and small businesses – access to modern financial… Read More

SocietyOne Introduces Transaction, Savings Accts Powered by Westpac

In its “first” major corporate milestone following its acquisition by MONEYME Ltd (ASX:MME), digital finance platform SocietyOne has launched transaction and savings accounts “powered by Westpac’s Banking-as-a-Service (BaaS).” SocietyOne is Westpac’s second partner “to launch products through its BaaS platform with two new additions to… Read More

Personal Finance App Hardbacon Launches Equity Crowdfunding Campaign, Secures Over $400K

  Hardbacon, a personal finance application used by more than 38,000 Canadians, has launched an equity crowdfunding campaign through the FrontFundr portal “where it has secured no less than $422,829 in the first 24 hours.” As part of the campaign, Hardbacon has “obtained $303,965 in… Read More

Consumer Finance Services Provider CreamFinance Reports “Record” €3.4M Net Profit for FY 2021

CreamFinance reports that 2021 was a “record-setting” year for the company, “finishing with a €3.4 million net profit – the highest in Group’s history.” It also reports that it continued “to improve on these results during Q1 2022.” CreamFinance has provided the following operational and… Read More

Financial Software Firm Sudozi Offers Real-Time Insights to Finance, Accounting Teams

Sudozi, a financial software innovator, recently announced new solutions to help finance teams automate workflows and improve spend decisions, as well as “the close of a $4.3 million seed round led by Pear VC with participation from S3 Ventures and Mischief.” Founded by the former… Read More

Bitcoin Estimated Hashrate Increase Despite BTC Price Decline Indicates Miners Confidence: Report

Many people have come to own and embrace crypto-assets because of a powerful sense of mission that includes: fairness and efficiency meaning a desire to see transferring money more like sending a text message — “instantaneous and low cost to all, and not something that… Read More

Fintech Firm Trovata Announces a New Distribution Agreement with Capital One

Trovata, the Fintech firm focused on automating cash workflows via multi-bank API data aggregation for corporate finance and treasury teams, recently announced a distribution agreement with Capital One (NYSE: COF). In connection with the partnership, Capital One will “market and refer Trovata’s cash management platform… Read More

Finance Automation Solutions Provider, Paymerang, Teams Up with ECI Software Solutions

Paymerang, a provider of finance automation solutions, has announced that it has entered into an alliance with ECI Software Solutions, a company focused on offering Cloud-enabled business management (ERP) solutions that should enable Paymerang to integrate its Cloud-powered Invoice Automation and Payment Automation solutions into… Read More

Hong Kong-Based Crypto Financial Service Provider Babel Finance Secures $40 Million Through Series A Funding Round Led By Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital, & Bertelsmann

  Babel Finance, a Hong Kong-based crypto financial service provider, announced on Monday it secured $40 million through its Series A funding round, which was led by Zoo Capital, Sequoia Capital China, Dragonfly Capital, BAI Capital and Bertelsmann, with participation from Tiger Global Management. Founded in 2018, Babel… Read More

Interpersonal Finance App Splitwise Raises $20 Million Through Series A Funding Round Led By Insight Partners

Splitwise, a U.S.-based interpersonal finance app for sharing expenses, announced on Wednesday it raised $20 million through its Series A funding round, which was led by global venture capital and private equity firm, Insight Partners. The company previously raised a total of $10.2 million in… Read More

Ping An Collaborates With Zhongshan Hospital For “Healthcare + Finance + Technology” Innovations Initiative

        Ping An Insurance Group announced earlier this week it has teamed up with Zhongshan Hospital for healthcare service enhancements, medical research innovation, and talent incubation across the healthcare, finance and technology fields to help deliver on the national Healthy China initiative…. Read More

Shawbrook Bank Acquires RateSetter’s Property Finance Portfolio

RateSetter, a leading UK based peer to peer lender, announced on Wednesday it has sold its £120m portfolio of property development loans to Shawbrook Bank. According to RateSetter, the acquisition follows the announcement in August that the lending platform was focusing on consumer finance. The… Read More

Fintech Masters Course, including Machine Learning, Offered by Smith School of Business at Queen’s University for Digital Transformation Specialists

The Smith School of Business at Queen’s University has introduced Canada‘s very first Fintech Masters course. According to the Smith School of Business, the course has been designed mainly for financial or tech professionals who are already working in the industry. The first Master of… Read More

Marqeta Milestones: Issues 140 Millionth Card & Doubles Revenue For The Fourth Straight Year

Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Tuesday it is set to issue its 140 millionth card in 2019, ending a calendar year filled with major growth milestones as its open API payments issuing and… Read More

Update: Money Dashboard Secures More Than £2.4 Million Just Days After Launching Latest Crowdcube Round

Less than a week after securing its initial £1.5 million funding target in under an hour through its latest Crowdcube round, Money Dashboard is now nearing £2.5 million thanks to more than 1700 investors. As previously reported, Money Dashboard’s app empowers over 100,000 users to… Read More

Money Dashboard Returns to Crowdcube & Quickly Secures More than £2.2 Million in Funding

Less than two years after securing more than £1.3 million through its previous Crowdcube round, Money Dashboard was returned to the equity crowdfunding platform and has surpassed more than £2.1 million in funding. The funding round was launched, originally seeking £1.5 million, and has so… Read More

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