FinTech Startups

Apr
19

Blockchain startup Factom raises $8 million in extended Series A

Blockchain startup Factom has finished raising just over $8m as part of an extended Series A round. Last October, the firm said that it had raised $4.2m as part of the funding in an effort to raise capital ahead of planned product launches. Taking part in the round, according to AustinInno, include Harvest Equity and […]

By Reposted by International FinTech | Blockchain . FinTech . Investing . Venture Capital
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Apr
19

P2P platform hits £50m lending milestone

Peer-to-peer (P2P) platform Lending Works has celebrated providing more than £50m worth of loans since its launch in January 2014. The achievement follows a record-breaking first quarter of 2017, with nearly £5m lent via the platform in March alone. Nick Harding, CEO of Lending Works, said: “It’s incredibly rewarding to have come as far as […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer
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Apr
18

Bitcoin payments cheaper & safer than credit cards: Cointed

Cointed is a rather young, but fast-growing Bitcoin exchange located in Kufstein, Austria. The company was founded in November 2015 by Christopher Rieder and Wolfgang Thaler and during the first year attracted more than 4,000 permanent customers. Cointed currently makes it possible to buy and sell a number of cryptocurrencies, including Bitcoin, Ether, Monero, and […]

By Reposted by International FinTech | Bitcoin . FinTech . Payments
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Apr
18

P2P financing kicks off in Malaysia

The peer-to-peer (P2P) lending industry is off to an encouraging start. Funding Societies Malaysia, the first platform to launch, successfully raised RM320,000 for two term loan financing programmes within three weeks in March. The loans will be used to fund the working capital of two companies – an electronics business and an automobile parts distribution […]

By Reposted by International FinTech | Borrowing . FinTech . Investing . Lending . Peer-to-Peer
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Apr
12

British fintech sector has shrugged off Brexit dip, says regulator

Britain’s financial technology sector has recovered from an initial dip after Britain’s vote to leave the European Union, a senior UK regulator said on Monday. Fintech companies have revolutionised the financial sector with the likes of mobile payments services and were quickly targeted by centres such as Berlin and Luxembourg after last June’s Brexit vote, […]

By Reposted by International FinTech | FinTech . Payments
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Apr
12

Texas Real Estate market active for Real Estate Crowdfunding

RealtyShares, a leading online marketplace for real estate investing, has just released data showing the total amount of crowdfunded real estate investments in Texas. To date $28.1 million has been raised for 31 real estate deals, ranking Texas among the most popular states for investors on the RealtyShares platform along with California and Florida. Nearly […]

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

By International FinTech | FinTech . Insurance . Investing . Venture Capital
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Apr
07

China’s rapid uptake of mobile payments forcing businesses to adapt

Looking to get rich quickly, two young men travelled across China last month with a plan to rob three convenience stores in the wealthy coastal city of Hangzhou. They bought knives, masks and an electric bike and in the early hours of March 27, set off on their heist, targeting busy downtown areas. But, unfortunately […]

By Reposted by International FinTech | FinTech . Payments
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