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August 9, 2020

The recent boost in the use of contactless payments reminds us that consumer behavior is motivated by necessity, efficiency, and convenience

The recent boost in the use of contactless payments reminds us that consumer behavior is motivated by necessity, efficiency, and convenience.

Even before the pandemic, the factors that led to the spread of contactless payments teach important lessons about how t...

July 20, 2020

BANGALORE (July 20): Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of US$3.5 billion (RM14.9 billion), potentially becoming the first of India’s mega-start-ups to debut as its digital economy booms.

The start-up plans to secure about US$250 million in a round of financing at a US$2 billion-plus valuation before a September 2021 initial public offering (IPO), c...

July 15, 2020

A Revolut card (Kay/Unsplash)

Revolut customers in 49 U.S. states can now buy, hold and sell bitcoin (BTC) and ether (ETH) on the digital bank’s crypto platform. 

The British fintech firm entered the U.S. in March and waited until it had already established its core products in the country before launching bitcoin services as well, said Revolut crypto chief Edward Cooper.

Revo...

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...

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