Braintri Rebrands as Neontri En Route to U.S. Debut

North Carolina is the location of the first U.S. sales office for mobile banking and payments solution provider Neontri. The company, which demoed its technology at FinovateFall 2017 as Braintri, added that its new business strategy will focus on proprietary B2B solutions developed by its internal R&D team. These solutions include the company’s mobile banking Read more…

TSYS Unveils New Authentication Solution

The new TSYS Authentication Platform, launched late last week, is the product of a collaboration between TSYS and four other companies – Featurespace, Emailage, InAuth, and Payfone – three of them Finovate alums. The solution leverages consumer experience data culled directly from cardholder touchpoints to deliver real-time verification on all kinds of remote customer interactions Read more…

ThetaRay Opens Mexico City Office; Dubai’s Foloosi Turns to KSA for Expansion

Join us in October as our annual Asia-Pacific fintech conference returns to Singapore! FinovateAsia is one of the best ways for fintech startups and innovative industry veterans from the region and around the world to showcase their latest technologies before an audience of C-level decision-makers, venture capitalists, all-star analysts, and more. For information on how to participate Read more…

Arival Bank Nets $2.3 Million in Equity Crowdfunding Campaign

FinovateAsia 2018 Best of Show winner Arival Bank announced this week that it raised $2.3 million (£1.87 million) in a pre-Series A, equity crowdfunding campaign. The Singapore-based fintech bank for businesses and entrepreneurs soared past its fundraising target of $864,500 (£700,000), and now boasts a pre-money valuation of more than $14.8 million (£12 million). “We’re Read more…

HackerOne Cracks into $36.4 Million in Funding

Bug bounty and vulnerability disclosure platform HackerOne announced a funding round this week that boosts its capital up to $110 million. The oversubscribed Series D round, which totaled $36.4 million, saw contributions from Benchmark, New Enterprise Associates, Dragoneer Investment Group, EQT Ventures, and others. HackerOne will use today’s round to expand global market reach, scale Read more…

Mexican Fintech Minu Makes History; India’s Namaste Credit Becomes a Neobank

Join us in October as our annual Asia-Pacific fintech conference returns to Singapore! FinovateAsia is one of the best ways for fintech startups and innovative industry veterans from the region and around the world to showcase their latest technologies before an audience of C-level decision-makers, venture capitalists, all-star analysts, and more. For information on how to participate Read more…

Namaste Credit Becomes Challenger Bank

Indian online lending marketplace Namaste Credit announced it is becoming a “fully-fledged digital-only bank” for micro small and medium businesses (MSMEs), reports Ruby Hinchliffe of Fintech Futures, Finovate’s sister publication. The neobank will have a “foundational software-as-a-service (SaaS) play” and aims to offer the first one-stop-shop for MSMEs. It will include automated credit, banking, and Read more…

Five Degrees and Entersekt Forge Fintech Partnership

One month after digital core banking provider Five Degrees announced its collaboration with fellow Finovate alum W.UP, the company is back in the fintech headlines with another round of partnership news: digital security platform Entersekt will join its Open Banking Marketplace. “Partnering with Entersekt is testament to our vision for the future of banking and Read more…

Hydrogen Brings its App Building Platform to the Oracle Cloud Marketplace

Financial and blockchain API provider Hydrogen is the latest technology to achieve “Powered by Oracle Cloud” status, making the app building platform available to Oracle Cloud customers via the Oracle Cloud Marketplace. “Hydrogen’s participation in the Oracle Cloud Marketplace further extends our commitment to the Oracle community and enables customers to easily reap the benefits Read more…

OutSystems Inks Deal with Nationwide

Low-code platform OutSystems has formed a deal with Nationwide to develop a new digital business savings service, reports Ruby Hinchliffe of FinTech Futures (Finovate’s sister publication). By “dumbing down the back-end” so it becomes “a system of record only,” OutSystems will take on all the business logic and process for Nationwide, giving it a more Read more…

Trusted Identities Innovator OneSpan Teams Up with Volkswagen Bank

Volkswagen Bank, a wholly-owned subsidiary of Volkswagen AG, will leverage technology from OneSpan to secure its transactions and ensure PSD2 compliance. The bank announced today that it will protect its standalone mobile authentication app, PhotoTAN app, with OneSpan’s mobile SDK, Mobile Security Suite. The SDK also enables the app to take advantage of OneSpan’s Cronto Read more…