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If there is one region where “A Tale of Two Fintechs” applies, that region is Asia. From blockchain-based innovations in trade finance to leveraging mobile to better serve the historically underbanked, fintech’s role in Asia is not just a tale of economic and technological development. Increasingly, it is a story of leadership in solving real Read more…
A pair of Finovate alums – Privakey and bleu – have earned spots in the 2020 class of the IBM Hyper Protect Accelerator. The program, launched this June, is dedicated to supporting innovative startups in both the fintech and healthtech industries. A total of 15 companies from nine countries were selected for the Accelerator’s incoming Read more…
With FinovateEurope set to make its German debut next February, it is especially gratifying to hear that investors are voting with their dollars when it comes to identifying and backing innovative European fintechs. Hamburg-based online lender and POS financing firm Kreditech announced late last week that it has raised $24 million (€22 million) in funding. Read more…
Around the web Sezzle announces its availability via Visa’s CyberSource payment management platform. Klarna to open its latest House of Klarna pop-up store in Manchester next month. German online lender Kreditech looks to expand operations in India in the wake of $22 million equity fundraising. This post will be updated throughout the day as news and developments emerge. You Read more…
On Finovate.com RoamHR Helps Bring Financial Wellness, Tax Preparation to Gig Economy Workers Fintech, Financial Systems, and Forward Thinking Around the web Featurespace announces strategic partnership with NatWest to deliver real-time, enterprise-wide fraud prevention, transaction monitoring. Indiana-based Centier Bank ($4.5 billion in assets) leverages SmartLaunch from NYMBUS to support the launch of its mobile app, Read more…
There’s a new breed of “omni-digital” customers who expect top-notch digital experiences with their bank. Do you know how to deliver?
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…
On Finovate Twisto Raises $15 Million in Series B Funding Finovate Global: Mexican Fintech Minu Makes History; India’s Namaste Credit Becomes a Neobank. Around the web Five Degrees adds OneSpan as a new partner in its Open Banking Marketplace. Axiata Group Berhad and Telenor Group end merger discussions. Klarna expands existing partnership with online fashion Read more…
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…
Personal sales assistant Vymo recently teamed up with FE Credit, the consumer lending services division of Vietnam-based VP Bank. Through the partnership, Vymo is handling pieces in FE Credit’s mortgage lending workflow. Specifically, Vymo is helping FE Credit with customer acquisition, lead generation, and onboarding. The India-based company will offer its automated sales tool to Read more…
On Finovate.com Tax Compliance Innovator Avalara Partners with Billing Automation Platform Ordway Finovate Global: Indian Fintech Get Funding; Finastra, Avaloq Bring New Leadership to APAC Around the web Plaid becomes a Nacha Preferred Partner for account validation. Finastra taps Wissam Khoury as its new head of its Asia Pacific (APAC) team. Revolut teams up with Read more…
With FinovateAsia and FinovateMiddleEast coming up later this year, we wanted to pause to take a look at the funding that participants from last year’s shows have received so far this year. In the first eight months of 2019, four fintechs that participated in FinovateAsia and FinovateMiddleEast 2018 raised more than $23 million combined. Wealth Read more…