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In a massive Series A funding round led by Lightspeed Venture Partners and Wicklow Capital, bitcoin wallet innovator Blockchain announced today that it has raised $30 million in growth capital. The successful round comes as the company celebrates reaching 2.3 million consumers with its private, secure, and portable bitcoin wallets. Writing at the Blockchain blog, Read more…
This post is part of our live coverage of FinDEVr San Francisco 2014. Blockchain introduces its widely-relied upon APIs to help developers build their own bitcoin-related apps. Blockchain: The Core API for Bitcoin Development Blockchain’s APIs power most of the Bitcoin companies in the ecosystem. Utilizing our APIs, you can start a Bitcoin business in Read more…
The last couple of weeks have been full of merger and acquisitions. Will fintech continue its M&A streak this week? Stay tuned to find out. We’ll be adding the latest fintech news throughout the week as the space evolves. Payments & cards Tencent partners with Visa to bring palm payment to Singapore. UBS pilots new Read more…
Global payments platform Nium announced today that it has partnered with blockchain-based fintech for clearing and settlement Partior. The move makes Nium the first payment service provider to join the Partior network. Under the partnership, banks will be able to leverage Partior’s network to connect with Nium to conduct real-time payouts, clearing, and settlement to Read more…
Global bank Standard Chartered unveiled this week that it has teamed up with cross-border payments fintech Wise (formerly TransferWise). The bank has selected Wise Platform, Wise’s global payments infrastructure for banks, to power international payments for SC Remit, Standard Chartered’s cross-border payment service. Wise will facilitate fund transfers for SC Remit customers in Asia and the Middle Read more…
This week’s edition of Finovate Global showcases news from the fintech industry in New Zealand. Business banking account Emerge secures investment In a round led by Altered Capital, New Zealand-based fintech Emerge has raised approximately $7.3 million in Series A funding in its bid to build the country’s first challenger bank. The round also featured Read more…
This week’s edition of Finovate Global features news from the fintech scene in Hong Kong. Worldline partners with BOCHK International payment services company Worldline has forged a partnership with the Bank of China (Hong Kong), also known as BOCHK. The partnership makes the bank the first Hong Kong-based customer of Worldline’s open platform card solution, Read more…
This week’s edition of Finovate Global features an in-depth interview with Nacho Díaz de Argandoña, Chief Product Officer with Spain-based fintech, GPTAdvisor. Founded in 2023 and headquartered in Madrid, GPTadvisor made its Finovate debut earlier this year at FinovateEurope 2024 in London. GPTadvisor offers a Gen AI platform that is specifically built to boost the Read more…
Finovate’s Fintech Rundown is here with a look at some of the top fintech headlines. From startups emerging from stealth flush with capital to the launch of new AI-powered fraud fighting technologies, we’ve got you covered. Be sure to check back all week long for the latest updates. E-commerce E-commerce payments solution provider Klarna acquires Read more…
This week’s edition of Finovate Global highlights recent fintech headlines from Ireland. Dublin-based regtech Fenergo has inked a partnership with Caribbean-based PROVEN Bank. The financial institution will leverage Fenergo’s transaction monitoring solution to enhance and streamline its anti-money laundering (AML) compliance operations. PROVEN Bank Deputy Chief Executive Officer Nikita Kissoon underscored increasing regulatory pressure on Read more…
For the first time, Finovate will offer a dedicated wealthtech/wealth management track at FinovateFall. Featuring keynote addresses, power panels, and more, our new wealthtech track will cover topics ranging from the rise of alternative assets to the role of technology and digitization in helping meet the needs of a new generation of investors. “I’m really Read more…
As we enter into the last few days of July, there’s a lot to think about. The days are slowly getting shorter, but the list of tasks needed to complete 2024 objectives by the end of the year isn’t shrinking. Fintech news is set to pick up its pace as summer slows down, and we’ll Read more…