Finovate is part of the Informa Connect Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Fintech is a broad industry, and with the breadth of its sub-sectors comes a large range of trends that change year after year. But with all of the new, hot trends to follow, it’s impossible for banks and fintechs to focus on everything at once. That’s why our team set out at FinovateFall earlier this Read more…
Ethoca announced a partnership with India’s ChargebackZero to help merchants eliminate chargebacks. The collaboration will integrate Ethoca’s chargeback alert technology into ChargebackZero’s Intelligent Dispute Prevention & Management Solution (iDPMS). Ethoca made its Finovate debut in 2015 at FinovateFall. The company was acquired by Mastercard in 2019 for an undisclosed sum. Ecommerce fraud and chargeback prevention Read more…
Taulia and Standard Chartered signed a Memorandum of Understanding to collaborate on working capital finance solutions. The partnership will initially focus on supply chain finance and dynamic discounting. The agreement will offer Taulia access to Standard Chartered’s global client base. Supply chain finance company Taulia has inked an agreement with Standard Chartered this week. The Read more…
Provenir announced a new partnership with Inovatec Systems. The partnership will enable auto lenders on Inovatec’s LOS platform to access Provenir’s risk decisioning solutions Headquartered in New Jersey, Provenir has forged partnerships with TransUnion, Kueski, and Provu in recent months. Real-time risk decisioning software company Provenir announced a new partner today. The Parsippany, New Jersey-based Read more…
Compliance communications surveillance service txtsmarter has raised Series A funding. The amount of the investment was not disclosed. The Silicon Valley, California-based company also announced a new CEO, Edward Green. Founded in 2014, txtsmarter demoed its technology at FinovateSpring earlier this year. Private messaging communications surveillance service txtsmarter is sharing some big news. First, the Read more…
New York-based identity decisioning platform Alloy has raised $52 million in funding at a valuation of $1.55 billion. Alloy will use the additional funding to help it respond to global demand in the wake of its recently announced international expansion. Alloy made its Finovate debut at FinDEVr Silicon Valley in 2016. Alloy secured $52 million Read more…
Meniga has appointed Simon Shorthose as its new CEO. Shorthose will be replacing Meniga Co-founder Georg Ludviksson, who served as CEO for 14 years. Shorthose has previously worked at fintech SaaS companies Kyriba and Mambu. Digital banking company Meniga announced a change in leadership today. The Iceland-based company has appointed Simon Shorthose as its new Read more…
Currencycloud teamed up with Future FinTech Labs (FTFT Labs) to help the New York City-based fintech launch its Tempo app. Tempo is designed to make it easier, more secure and more effective for U.S. immigrants to send money overseas. Acquired by Visa in 2021, Currencycloud has processed more than $100 billion in cross-border money transfers Read more…
Social investment platform eToro inked a definitive agreement to acquire stock and options trading app Gatsby for $50 million. U.S.-based Gatsby offers a commission-free, stock and options trading solution geared toward Millennial and Gen Z investors and traders. Making its first Finovate appearance in 2011, eToro has won Best of Show in every one of Read more…
Linqto has acquired Trustline, a platform that offers decentralized financial services. “We acquired Trustline for its advanced blockchain technology and IP including $200,000 worth of XRP grants issued from the XRPL Grants Program,” said Linqto Founder and CEO Bill Sarris. Linqto plans to leverage Trustline to continue developing its decentralized exchange for private market securities. Private investing firm Read more…
Western Union is bolstering its partnership with Visa by expanding its integration with Visa Direct. Visa Direct is Visa’s real-time money movement network. The expansion will bring Visa Direct to Western Union’s U.S. clients, enabling them to send money in near-real-time to Visa debit cards in Colombia, El Salvador, Jamaica, Romania, and Thailand. Money transfer Read more…
Tax compliance firm Avalara has agreed to be acquired by Vista Equity Partners for $8.4 billion. Avalara has more than 30,000 customers in 95 countries. The transaction will take Avalara private, removing it from the New York Stock Exchange. Avalara is starting the week with a big move. The tax compliance firm has agreed to Read more…