banks

Jul
12

London fintech Curve closing in on $10M Series A

Curve, the London fintech startup that offers a platform that lets you consolidate all your bank cards into a single Curve card and manage your money, is on the verge of closing $10 million in Series A funding. According to sources, the round, which could be announced as soon as this week, is being led […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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Jul
03

Peek inside the Fintech arms race between banks and startups

Brick-and-mortar banks are in desperate need of a makeover. They know it too. Capital One is opening Capital One Cafes in major cities across the U.S., with hip decor and more laidback consulting vibes than traditional branches. JPMorgan is trying the same idea with its Manhattan technology hub. Bloomberg reported the bank’s $9.6 billion technology […]

By Reposted by International FinTech | Banking . Borrowing . FinTech . Lending . Mortgage
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Jun
28

Visa buys stake in fast-growing fintech group Klarna

Visa is taking a stake in Klarna in a sign of the Swedish fintech’s growing presence in online payments. A week after Klarna became the largest European fintech to receive a banking licence, Visa said it was making a strategic investment through the purchase of a stake of less than 10 per cent as well […]

By Reposted by International FinTech | Banking . FinTech . Investing . Payments
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Jun
27

Plaid puts out a ‘request for startups’ in nine underserved fintech sectors

Plaid wants to make it easier for financial services companies to serve consumers and businesses, but it also sees significant holes in the fintech ecosystem. As a result, the company has issued a Y Combinator-like “request for startups” to tackle particular issues where it believes significant innovation is lacking. In case you don’t know, Plaid […]

By Reposted by International FinTech | Banking . FinTech
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Jun
12

Kasikorn Bank creates $30 million Fintech Fund

Kasikorn Bank has opened up a $30 million fund to invest in to Fintech startups, thus exemplifying the banks attitude to embrace disruptive technologies. The rapid technological developments within the financial industry has opened up new dimensions in the market, changing how customers think. People are moving towards more digital options in an attempt to […]

By Reposted by International FinTech | Banking . FinTech . Investing . Venture Capital
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May
31

Banco BNI Europa makes €10M investment in Portuguese peer-to-peer platform Raize

Banco BNI Europa has signed a strategic agreement with Portugal’s largest peer-to-peer lender RAIZE to boost lending to SMEs in the country. The online challenger bank is looking to invest €10 million over a two year period. The Portuguese economy has experienced strong GDP growth of 2.8% in the 1st quarter of 2017 and in […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
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May
30

Credit Suisse develops Robo Advisor

Digital development is gathering pace at Credit Suisse under the guidance of Anke Bridge. Switzerland’s second-largest bank is working on a service that will be based on advice provided by robots. It wasn’t just the sheer size which kept UBS and Credit Suisse (CS) apart, but also their respective approach to innovation – with UBS […]

By Reposted by International FinTech | Banking . Blockchain . FinTech . Investing . Robo-Advice
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May
29

Fintech startups impress big banks

Big banking groups are increasingly collaborating with exciting fintech startups to reshape the industry. Spain’s Bankia group announced this week the names of the young companies selected to join its inaugural international programme, which was launched late last year. The standard of applicants to the ‘Bankia Fintech by Innsomnia‘ platform was so impressive eight were […]

By Reposted by International FinTech | Banking . FinTech
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