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With 38 deals reported—one shy of the weekly record—fintech companies raised $303 million worldwide the first week of June. Nine of the deals were for undisclosed amounts and $2 million was reported as debt. Two Finovate alums landed new money this week: Callvu raised $3 million, with participation frim NICE Systems Bridgei2i raised an undisclosed A round to Read more…
Is the new multi-sign feature on the Ripple Consensus Ledger (RCL) the answer to preventing security breaches like the cyber-heist that cost the Bangladesh Bank more than $100 million? That’s how Ripple sees it. Pointing to the problem of “outdated single-signature methods” of legacy payment networks, Ripple has introduced new multi-sign functionality for its RCL. Combined with the inherent Read more…
On Finovate.com MaxMyInterest Celebrates Third Anniversary with Support for TD Bank Twilio to Help Amazon Web Services Deliver SMS Messages Around the web Trustly processed 14 million transactions in 2015 worth €1.7 billion. efinancialcareers profiles Jonathan Larkin, Quantopian‘s new CIO. Forbes looks at how Intuit QuickBooks is hiring app developers to help it improve the user experience. Tinkoff Bank Read more…
On Finovate.com Finovate Debuts: BaseVenture’s Command Center for Fund Managers & Administrators Temenos to Power Wealth Management Solution for Standard Chartered CREALOGIX Adds Authentication Technology from South African FinDEVr alum, Entersekt Get Your VAT Back: Xpenditure to Help Reclaim International VAT Refunds Around the web Swiss financial services firm bob Finance to deploy Netverify from Read more…
On Finovate.com BizFi Lands $20 Million from Metropolitan Equity On FinDEVr.com Quovo Teams Up with Totum Wealth to Improve Client Account Aggregation for Wealth Managers Around the web Markit chooses corporate events data from Wall Street Horizon for its research, analysis, and news interface, Markit Hub. IBM joins The Chamber of Digital Commerce, the world’s leading Read more…
In opening its latest Bluemix Garage in New York City, IBM continues to put money where developers, software designers and others are. The New York City location will be IBM’s sixth, with garages currently in operation in San Francisco, Toronto, London, Nice, and Tokyo. IBM is partnering with Galvanize, who will host the New York garage on Read more…
Total fundings worldwide in May were $1.7 billion across 112 deals and 1 IPO. The weekly details can be found through the following links: $590 million the last week of May (see below) $420 million the week ending May 20 $390 million the week ending May 13 $270 million the week ending May 6 The final week of the Read more…
On Finovate.com Klarna Raises $35 Million in ‘First Small Step” into Debt Financing D3 Banking Brings in $10 Million from West Partners LendingTree Launches CRA-Eligibility Tool Encap Security Acquired by Client, AllClear ID Avoka Locks in $12 Million in New Investment Around the web Banco CTT goes live with customer onboarding solution developed by Novabase. Read more…
On Finovate.com A Score for Socure: The Digital ID Company Lands Funds from Santander. Digital Payments Guardian from Prairie Cloudware Goes Live at Multibillion Dollar Regional Bank. Tradeshift Unveils Go,the First B2B Virtual Assistant for Managing Business Expenses and Travel. With Ripple, Seven Banks Test Out the Blockchain. Around the web Coinbase announces support for PayPal and Read more…
On Finovate.com Best of Show Winner Quid to Open London Office. Reverse Takeover IPO Places ayondo on the Singapore Exchange. Sezzle Scoops Up $500,000 Investment from Brussels-based E-Merge. MX Adds Cash Flow Feature to MoneyDesktop Platform. On FinDEVr.com Markit Agrees to Acquire Prism Valuation. Around the web Australia’s Bendigo and Adelaide Bank to deploy cloud Read more…
Blockchain hardware-solutions company Ledger announced a new hardware wallet today. A successor to the HW.1 and Unplugged wallets, Ledger’s Nano S differentiates itself by offering a built-in OLED display and by adding protection for Ethereum fund transfers. The Paris-based company created the Nano S after spending 18 months improving the Nano, Ledger’s best-selling product. It connects to any computer Read more…
On Finovate.com “2016 CNBC Distruptor 50 Features Klarna, Kabbage, Twilio, and Motif Investing” “Ping Goes the Blockchain: Partnership Brings Consensus, Kill Switch with New Platform” “Ripple Receives BitLicense to Sell XRP” Around the web FICO launches its Academic Engagement Program, helping business students get hands-on experience with analytic software. Mashable features Dashlane in its list of Read more…