FinTech Disruptors

Jun
02

Almost 40% of Growth Street investors are millennials

Growth Street has revealed that 37.4% of its investors are under the age of 35. The figures go against the views of those who have claimed millennials do not think about saving and investment. Growth Street felt simple digital interfaces and investment products offered by alternative lenders were aimed at giving younger people greater investment […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer
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Jun
01

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
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Jun
01

Paytm Digital Gold platform allows users to buy, share, sell gold digitally

With Paytm launching its Payment Bank services on May 23, users were left wondering what exactly has their digital wallet service turned into. Founder, Vijay Shekhar Sharma says that currently, it is not just a wallet or a Payments Bank, but also a gold retailer. The company behind Paytm, One97 Communications on April 17 launched […]

By Reposted by International FinTech | FinTech
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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
31

Online lender RateSetter valued at over £200 million as it raises £13 million to launch new ISAs

RateSetter, one of the UK’s three biggest peer-to-peer lenders, said on Tuesday it has raised £13 million in equity funding from its existing shareholders. City fund managers Woodford Investment Management and Artemis were both existing investors and took part in the funding round. The funding will be put towards launching its new “Innovative Finance ISA,” […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer . Venture Capital
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May
31

UK fintech shrugs off Brexit, trumps Germany

Research from Fintech Global shows that despite the Brexit vote investors continue to commit more capital to UK fintech companies. Since the Brexit result many years of uncertainty for markets and teh broader economy have set in to investors’ expectations. Quickly shifting news agendas and polling results have been an ongoing feature of Brexit Britain […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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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 […]

By International FinTech | Banking . FinTech
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May
29

Malaysia Fintech firm Soft Space raises US $5 Million from Japan’s Transcosmos

Malaysia Fintech firm Soft Space, which offers mobile payment solutions, announced it has secured US $5 million in funding from Japanese e-commerce company Transcosmos Inc. Mobile POS and E-Commerce Soft Space offers mobile point-of-sale services for small and large merchants in Malaysia and other parts of Southeast Asia. Businesses can plug a small device into […]

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