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Latest News Hot off the Press

July 9, 2020

Railsbank, a UK based Fintech and open banking service provider, has crossed the Atlantic to open up operations in the US with the acquisition of its first customer – Unifimoney, according to a release.

Simultaneously, to support the North American expansion, Railsbank has hired Dov Marmor as Chief Operating Officer, North America. Marmor, formerly with Green Dot, will be based in Santa Monica....

July 9, 2020

Bitso, one of Latin America’s largest digital asset exchanges, has reportedly reached 1 million users before its planned launch in Brazil.

Santiago Alvarado, director of international payments at Bitso, recently talked about how cryptocurrencies might help with settling cross-border transactions in Latin America. Alvarado, whose comments came during a Unitize panel (held on July 8, 2020), was joined...

July 8, 2020

Australia-based fintech company PictureWealth Holdings has raised US$8.3 million in private equity and debt for its late seed funding round.

This follows the startup’s US$920,000 seed raise in 2017.

From left: PictureWealth chairman Neal Cross, group CEO David Pettit, and group chief operating officer Mark Edman / Photo credit: PictureWealth

PictureWealth’s digital services cover financial adviso...

June 24, 2020

The global recession is making us all rethink how we protect our savings. For many of us, the memory of the 2008 financial crash and the failings of the traditional financial system is still fresh in our minds.

But the conditions are different now: for the past few years, emerging fintech companies have been offering viable alternatives, like challenger banks and money transfer platforms, that give...

June 24, 2020

When Delmar Johnson and Shayna Atkins met at a networking conference, the two immediately realized each had what the other lacked.

Johnson brought 26 years of corporate and independent experience as an HR rep to the table. Atkins had experience building technology for larger corporations. Today, Johnson credits each woman’s strengths — her interpersonal and operations expertise combined with At...

May 18, 2020

By Amnon Goldrat, CEO, ParagonEX Dynamic

ParagonEX Dynamic, a prominent technology solutions provider in the “trading and investments” Fintech sector, held an informative webinar where many concerns from business owners for the future of the industry were addressed and many questions were answered by the company’s top experts from various fields such as Risk Management, Business Development among ot...

May 12, 2020

Charles Schwab says it entered into an asset purchase agreement with investment technology and data science firm Motif.

Schwab is acquiring all of Motif’s technology and intellectual property, which includes algorithms, patents and source code, in an all-cash transaction, according to a press release from the company. Motif’s platform offers thematic investing and personalization, supports frac...

April 8, 2020

Sila’s co-founders, from left to right: Shamir Karkal; Alexander Lipton; Angela Angelovska-Wilson; and Isaac Hines.

Fintech startup Sila just raised $7.7 million to help developers add banking and payment capabilities to their products. Madrona Venture Group and Oregon Venture Fund led the large seed round.

The Portland, Ore.-based startup offers an API that aims to make it easier to enable whit...

April 7, 2020

With COVID-19, known as the coronavirus, spreading across the world, everything is suddenly different. Stuck at home, doing our shopping online, the entire economy is turned upside down. As we previously explored, the measures taken to prevent the disease from spreading is giving travel-startups a tough time as their business comes to a standstill. But where the leisure and travel sector has all bu...

Small businesses will die if they can't access funds quickly. AIR is convening an emergency hackathon to demo how to use tech to get the funds out fast.

NEW YORK, NEW YORK, USA, March 27, 2020 /EINPresswire.com/ -- Fintech Alliance Hosts Hackathon to Help Government Distribute $350B Emergency Funding for Small Businesses

COVID-19 is stressing the global economy in unprecedented ways, especially for...

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