FinTech Startups

Jul
27

Investment in UK Fintech tops pre-Brexit levels in First Half of 2017

Over half a billion dollars were poured into British financial technology companies in the first half of 2017, over a third more than the same period last year, trade body Innovate Finance said on Wednesday, in the latest sign the fast-growing sector is so far weathering Brexit. UK-based fintech startups pulled in $564 million of […]

By Reposted by International FinTech | Bitcoin . FinTech . Investing . Venture Capital
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Jul
14

Praise the lord: Pushpay shares rise after $33m placement

Pushpay, an ASX-listed fintech seeking to convert United States church goers to donating via their mobile phones, has raised $US25 million ($33 million) in an oversubscribed placement as it targets a doubling of revenue next year. Fifteen new institutional investors in Australia and New Zealand, where Pushpay is also listed, backed the private placement at […]

By Reposted by International FinTech | FinTech . Investing . Payments . Venture Capital
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Jul
13

UK fintech start-up Revolut raises $66 million, adds bitcoin

The “global banking alternative” Revolut has raised $66 million in a fund-raising round, the start-up said on Wednesday, in the latest sign that London is so far weathering Brexit to remain a global financial-technology center. Led by Europe- and San Francisco-based venture capital fund Index Ventures, the fund-raising round was one of the biggest ever […]

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Jul
12

World Bank, Alibaba fund invest in Hong Kong-based fintech startup

Hong Kong-based startup CompareAsiaGroup has secured $50 million in funding from investors led by the World Bank’s commercial lending arm, as the personal finance management platform looks to develop its technology and launch more products. The International Finance Corp (IFC), as the World Bank unit is called, said it had agreed to invest $15 million […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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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
07

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
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Jul
07

Saxo Payments calls for Fintech Industry to step up and help merchants reach their full international trading potential

The findings from the latest Financial Stability Board (FSB) underlines the on-going challenges faced by businesses, when trading internationally, reinforcing the findings produced in Saxo Payments White Paper Cross Border Payments for Cross Border Merchants – An Internationally ‘Local’ Future – published last week. Anders La Cour, CEO of Saxo Payments: “The latest report highlights […]

By International FinTech | Currency . FinTech . Payments
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Jul
06

London ‘defends title as Europe’s tech hub with record investment so far in 2017’

London appears to be defending its title as Europe’s tech hub – at least for now. According to figures published by London & Partners, the Mayor of London’s promotional agency, venture capital firms pumped more than £1.1bn into the city’s technology sector over the last six months. London’s tech sector attracted more venture capital investment […]

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