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Updated 12/20/2019: Finovate alums raised more than $876 million in the fourth quarter of 2019. The amount takes the total raised by Finovate alums this year to more than three billion. It is both the second year in a row our alums have topped this milestone, and the biggest Q4 fundraising for Finovate alums to Read more…
The nearly-$400 million poured into fintech companies in Nigeria alone this week is being remarked upon as a testament to the growing investor interest in sub-Saharan Africa. The three recipients of the new capital in recent days are OPay ($120 million), Interswitch ($200 million), and PalmPay ($40 million). The investors include Sequoia Capital China and Read more…
Wealth management solutions provider WeInvest launched a new product today that aims to help financial services companies discover new investment tactics. The new offering, StratWealth, is a strategy marketplace with more than 100 algorithmically-generated, customized investment strategies for banks, brokers, and asset managers to choose from. With an initial investment minimum of $4,000, StratWealth also Read more…
On Finovate.com Paper.id lands funding to power digital invoicing for SMEs in Indonesia. Around the web BlueVine launches BlueVine Business Banking. Salt Edge unveils Salt Edge Authenticator for strong customer authentication and dynamic linking. Jack Henry’s PayCenter helps first 15 bank clients join RTP network. AccountScore and Equifax debut credit risk index to help lenders Read more…
We are harnessing the collective wisdom of some of the most insightful fintech analysts and observers next week at FinovateAsia in Singapore. Our Power Panels, on October 14 and 15, will investigate key trends that are driving fintech innovation in the Asia Pacific region. A preview of the upcoming conversation is below. And if you Read more…
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…
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…
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…
By joining RippleNet – the global payments network that leverages blockchain technology to quickly and inexpensively facilitate transactions – cross-border money transfer specialist Xendpay will bring its fee-agnostic remittance service to customers in countries like Bangladesh, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. This includes access to its Pay What You Want feature that enables Read more…
As Finovate goes increasingly global, so does our coverage of financial technology. Finovate Global: Fintech News from Around the World is our weekly look at fintech innovation in developing economies in Asia, Africa, the Middle East, Latin America, and Central and Eastern Europe. Sub-Saharan Africa Nigerians in the U.S. are exploring opportunities to launch a Nigerian Federal Credit Read more…
Vymo, the company that helps sales professionals #DoMore when it comes to managing leads and maximizing opportunities, just got a little help of its own. The company announced this week that it successfully closed its Series B round, raising $18 million to grow its business in the U.S. and around the world. The Series B Read more…
A new partnership between Splitit and payment service GHL ePayments will make Splitit’s installment payment solution available to more than 2,000 online merchants in Malaysia, Thailand, Indonesia, and the Philippines. The deal will allow GHL to offer Splitit’s installment payment option to its customers, and enable Splitit to grow its presence in the Asia-Pacific region, Read more…