Fintech startup ABC Technology establishes international HQ in Singapore

Fintech startup ABC Technology today announced the establishment of its international headquarters in Singapore. The move marks the next step in the company’s drive to bring its artificial intelligence (AI)-based financial technology solutions to the global arena. The international HQ is responsible for sales and marketing, as well as spearhead the filing and registration of […]

By International FinTech | FinTech

Tron partners with Fintech firm Simplex

Tron, the blockchain-based decentralized platform, has announced a new partnership with the provider of fraudless crypto payment firm Simplex. The announcement on Tron was made on twitter. Simplex acknowledged that it will enable TRX’s purchase with credit cards on its platform. Simplex is a fintech firm that acts as a credit card processor in the […]

By Reposted by International FinTech | FinTech . Payments

Ireland is well placed to ride the fintech wave

It was almost inevitable that Dublin would emerge as the hub of a thriving fintech sector in Ireland. The co-existence along the banks of the Liffey of the well-established International Financial Services Centre (IFSC) and the more youthful “Silicon Docks” with its coterie of world leading born-on-the-internet firms created an ideal breeding ground for the […]

By Reposted by International FinTech | Borrowing . Currency . FinTech . Lending . Payments . Peer-to-Peer

Canadian fintech Wave raises $24 million from RBC and other investors

Toronto-based Wave, a Canadian financial technology (fintech) firm that offers financial management software to small businesses, has received $32 million CAD ($23.8 million) in capital from investors including the Royal Bank of Canada (RBC), Exhibition Capital and National Australia Bank (NAB). Other investors in Wave include Portag3 and PowerCorp, who joined existing backers Social Capital, […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital

Aviva embracing artificial intelligence in quest to become fintech firm

Aviva is eyeing acquisitions in artificial intelligence and big data as it looks to overhaul the insurance industry and transform itself into a fintech firm. Chief executive Mark Wilson said the 321-year-old insurance giant had built a good balance sheet and was primed to use it to ensure the business remains a step ahead of […]

By Reposted by International FinTech | FinTech . Insurance

Japan lender Mizuho to launch fintech venture

Japan’s Mizuho Financial Group will start a venture next month to create new businesses using “fintech,” an executive said, joining a global race in financial technology that threatens to unsettle traditional players. Japan’s second-largest lender by assets said there were already 20 projects in the pipeline for the venture, utilizing blockchain technology and artificial intelligence […]

By Reposted by International FinTech | Banking . Bitcoin . Blockchain . FinTech

Fintech platform revenues set for massive rise: Juniper

Fintech platform revenues for unsecured consumer loans issued using machine learning technology are set to jump by a whopping 960% globally over the next six years, according to new research from Juniper. According to the latest report on the worldwide Fintech market from Juniper Research, revenues will rise to US$17 billion by 2021, with spending […]

By Cameron Dart | Borrowing . FinTech . Investing . Lending . Robo-Advice