Author: International FinTech

Jun
08

Here is the FinTech50 2017

2017’s full FinTech50 list, in alphabetical order: ·         Action.ai (London, UK) ·         Advice Robo (Amsterdam, Netherlands) ·         Aire (London, UK) ·         Algomi (London, UK) ·         AQMetrics (Kildare, Ireland) ·         Atom Bank (London, UK) ·         Azimo (London, UK) ·         Behaviosec (Stockholm, Sweden) ·         Bonify (Berlin, Germany) ·         Clearmatics (London, UK) ·         Clearscore (London, UK) ·         ComplyAdvantage (London, UK) ·         Contego (London, UK) ·         Credit Benchmark (London, UK) ·         Curve (London, UK) ·         Cuvva (Scotland, UK) ·         DarkTrace (Cambridge, UK) ·         Digital Shadows (London, UK) ·         Ethereum (worldwide) ·         FeatureSpace (London, UK) ·         Fenergo (Dublin, Ireland) ·         Figo (Hamburg, Germany) ·         FundApps (London, UK) ·         Iwoca (London, UK) ·         Kantox […]

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May
29

FinTech and the positive transformation of Banking in Africa

The unique environment for financial services in Africa is fertile ground for innovative FinTech players who are capitalising on the opportunities to disrupt or leapfrog established business models to make financial services more affordable, accessible and profitable across the continent. Due to their potent blend of trail‐blazing technology and disruptive innovation, FinTech players have the ability to accelerate the digital transformation of financial services in Africa and, in turn, further spur the major existing banks to rapidly ramp‐up their own innovation initiatives to meet the financial needs of under‐served markets across the continent. FinTech players are increasingly becoming an important part of the fabric of Africa’s financial services ecosystem and […]

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May
26

Xero selects Expensify for internal receipt and expense management

Expensify, the world’s fastest-growing expense management software, has been chosen by Xero, a leader in cloud accounting, to streamline the New Zealand-based company’s employee receipt tracking and expense management process across the globe. After announcing a strategic partnership in May of last year, Expensify and Xero have grown into a powerhouse pair of simplicity and automation delivering a delightful experience to mutual customers.   Jason Mills, Director of Sales and Success at Expensify, embraces Xero’s internal rollout of Expensify as a natural opportunity to deepen the strategic partnership. “We’re thrilled to share our realtime expense vision with Xero employees everywhere and make it a reality,”  says Mills. “From one product-driven […]

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May
15

Remitano announces a new worldwide remittance service based on Bitcoin

Remitano, a Vietnamese platform that helps people trade bitcoin quickly and securely, has expanded its services to include a new offering to help users make international remittance. Using its current Escrow platform, Remitano users will be able to transfer funds quickly and securely across Vietnam, Malaysia, China, Australia, Nigeria, Tanzania, Kenya and India.   Remitano helps to protect bitcoin trades by providing a marketplace where people can buy and sell Bitcoin securely and quickly, with the best prices. Where bitcoin trades normally function in a step by step fashion, Remitano’s new offering makes the transaction of money across international boundaries quick and easy.   “Let’s say you want to send […]

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Apr
27

ChimpChange growth supercharged by U.S. tax season

ChimpChange Limited, Australia’s only listed digital banking platform, is pleased to present its March 2017 quarterly report on business progress. Strong organic growth supercharged by the U.S. tax refund season The Company delivered strong growth across all areas of its business and continued to confirm the opportunity in the US market for an innovative tech-driven fee-free consumer banking product. Key metrics including customer deposits, new customers, and customer spend utilising the ChimpChange MasterCard all grew ahead of forecast and delivered company-wide records during the quarter. The period also saw a seasonal boost in deposits in the form of tax refund inflows, which we now expect to experience annually, and which […]

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Apr
12

ABN AMRO Clearing selects Cognizant as strategic partner to cloud-enable global IT infrastructure

Cognizant (NASDAQ: CTSH) today announced that it has been selected by ABN AMRO Clearing (AACB), a leading global clearing firm, as its strategic partner to cloud-enable its global IT infrastructure and lay the foundation for digital transformation. This will enable AACB to increase operational resilience and application availability, enhance speed and agility in managing market volatility, and lower capital investment and operating costs.   As part of the multi-year agreement, Cognizant will transform the IT operating model across AACB business services, including the core trading and reporting systems, as well as modernise the existing technology infrastructure across Europe, the Americas and Asia-Pacific regions. In addition, Cognizant will provide hybrid cloud, […]

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Apr
07

Trov, the world’s first on-demand insurance platform, closes A$59m Series D funding round

Trov, the technology company revolutionising insurance for the tech-empowered consumer, today announced that it has closed AU$59.44 million (US$45 million) in Series D funding led by Munich Re / HSB Ventures, bringing its total funding to just over AU$112.28 million (US$85 million). All of Trov’s Series C investors participated in the round (Oak HC/FT, Suncorp Group (ASX:SUN), Guidewire (NYSE: GWRE), and Anthemis). Also participating in the financing is one of Japan’s leading insurers, Sompo Holdings (SOMPO), who will bring Trov to Japan. The new capital will be used to bring Trov’s on-demand insurance capability to more people around the world, expand the categories of items it covers, and accelerate the […]

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Mar
23

eWise and TSWG drive digital banking innovation with new partnership

Leading Australian digital banking FinTech TSWG (The System Works Group), has integrated their Digital Play Platform with eWise Aegis data aggregation technology. The partnership offers banks, mutual banks, credit unions and building societies omni-channel banking solutions, allowing end-users to aggregate all of their financial accounts into a single dashboard. TSWG’s Digital Play Platform (DPP) is a highly configurable and responsively designed online banking solution that enables a financial institution to connect with existing and new customers. Seamlessly integrated with core banking and enterprise systems, as well as third-party systems, Digital Play delivers a comprehensive suite of banking functions. Moving beyond transaction-based, first generation solutions, Digital Play Banking provides new opportunities […]

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