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On Finovate.com Best of Show Winner Alpharank Earns Spot in FIS Accelerator Finovate Debuts: Dorsum Puts the AI in DAISY, its Onboarding ChatBot Trulioo Bolsters Regtech Solution with Mitek Partnership How to Make It In the Fintech Industry: Startup Success Stories Speak Out Around the web Trulioo partners with Mitek to add facial recognition functionality to its Read more…
Fintech matchmaker Matchi has made a major match of its own: The Hong Kong-based company agreed to an acquisition by KPMG this week. Terms of the deal were not immediately available. Calling the combination of the two entities a “powerful fintech resource,” Matchi CEO David Milligan said that the acquisition will help Match “fulfill the promise of Read more…
Peer-to-peer small business financing platform Bitbond announced today it has received a debt commitment from Obotritia Capital, which has agreed to fund $5.4 million worth of loans on its platform. Obotritia has also invested an undisclosed amount of equity in Bitbond, whose current funding now totals more than $2.14 million. Headquartered in Germany, Bitbond offers small businesses Read more…
The amount of the investment was undisclosed. But blockchain startup and smart contracts specialist, Symbiont has picked up funding from China-based Hundsun Technologies. The investment in Symbiont is the first in the U.S. for the financial services software provider and the company, which is partly-owned by Alibaba founder, Jack Ma, will also add an observer to Read more…
The big story for fintech investment in the first few months of 2017 was uncertainty. Whether it was the upset election victory of Donald Trump in the U.S., or continued concerns in the aftermath of the Brexit vote in the U.K., it was clear that venture capital – like much of the rest of the Read more…
FinovateSpring wrapped up last week in San Jose. This was Finovate’s 10th show in Silicon Valley and proved that new innovations in the fintech space are alive and well. If you missed out on the two days of live fintech demos and energetic networking, we’ll post demo videos on Finovate’s video page in a few weeks. Read more…
The recent news that due diligence innovator OutsideIQ agreed to be acquired by compliance specialist, Exiger, is a sign that the RegTech revolution in fintech is real. OutsideIQ founder and CEO Dan Adamson said the acquisition was a “logical step in our shared view of the dominant role that cognitive computing solutions will play in Read more…
On Finovate.com Twitter Talk: The Top Tweets from FinovateSpring 2017 FinDEVr Alum Quovo Raises $10 Million Around the web TransferWise unveils new APAC hub in Singapore. Temenos adds open banking, PSD2-based services to its MarketPlace initiative. Ten FIs join Ripple’s cross-border, blockchain network. Prival Bank of Panama to deploy Temenos’ core banking solution, T24. Qumram wins Read more…
On Finovate.com Welcome to Day One of FinovateSpring 2017. Around the web Vantiv acquires B2B payment workflow specialist, Paymetric. Azimo introduces P2P payment functionality geared toward cross-border and remittance money transfers. IBM partners with National University of Singapore (NUS) to develop blockchain module on fintech for students. This post will be updated throughout the day Read more…
On Finovate.com Coinbase Launches Open Source Ethereum Wallet to Promote Financial Inclusion. Around the web Expensify partners with TravelPerk to make business travel easier. Bento for Business welcomes Lou Friedmann as Chief Revenue Officer. Featurespace’s ARIC platform to power fraud prevention for GoHenry. BBVA and Ripple complete blockchain cross-border money transfer pilot. Larky to power location-based Read more…
On Finovate.com Celebrate the Start of Spring with the Return of FinDEVr New York. Sentifi Brings Market Insights from Social Media to Bombay Stock Exchange. Around the web SecureKey and IBM team up to develop digital identity and attribute sharing network using blockchain technology. MarketInvoice announces Zopa co-founder and former CEO Giles Andrews as new board chairman. Read more…
Around the web Youth savings specialist Virtual Piggy rebrands as REGO Payment Architectures. IBM provides blockchain support for Singapore fintech, Invictus. Qumram wins Growth Stage Startup of the Year at Swiss FinTech Awards 2017. Tradeshift brings on David Ahrens as its new chief marketing officer. First Data acquires Acculynk. This post will be updated throughout the day Read more…