FinTech Startups

Feb
22

Google steps up global fight for digital wallet as China dominates mobile payments

Mobile payment transactions in China added up to more than US$12.8 trillion last year, making it the world’s largest mobile payments market. Now US tech giants are playing catch up. To get a sense of how pervasive mobile payments have become in China, consider that on the eve of this year’s Spring Festival, 668 million […]

By Reposted by International FinTech | Banking . FinTech . Payments
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Feb
22

Robo-adviser Wealthsimple raises $51 million to expand service

Wealthsimple, a Toronto-based online wealth management startup, has raised $51 million in funding from Power Financial Corp (PWF.TO), as it seeks to compete in the increasingly crowded digital investment advice market. Wealthsimple, which is among the group of digital investment managers known as robo-advisers, will use the round of funding to add features to its […]

By Reposted by International FinTech | FinTech . Investing . Robo-Advice
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Feb
22

Fintech Raisin crosses the channel to offer services to UK Savers

Savings marketplace Raisin has launched in the UK. The Berlin based Fintech has been expanding across the European continent but today they have crossed the British Channel to offer their services to UK savers. Raisin provides an interesting service that leverages technology to help savers to save more. Users of their site can shop around […]

By Reposted by International FinTech | FinTech . Investing
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Feb
15

Sydney Fintech Market Update

At Tier One People, we get to work with some amazing startups in FinTech and InsurTech. 2018 has got off to a flier, so here is the first Tier One People FinTech jobs update of 2018. There is an air of optimism that FinTechs are finally in a position to challenge banks, not just partner […]

By Reposted by International FinTech | Banking . FinTech
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Feb
15

UK start-ups attract record £8.27bn investment

UK start-ups raised more money in equity investment last year than ever before, new research shows, as foreign investment cash flooded into the country. Data from the research firm Beauhurst, which specialises in tracking growth businesses, shows UK start-ups picked up £8.27bn worth of funding during 2017, more than twice as much as in 2016. […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Feb
15

Ant Financial plans equity fundraising at potential US$100 billion valuation

A fundraising would bring Ant a step closer to a hotly anticipated initial public offering by establishing a more current valuation. China’s Ant Financial Services Group is planning to raise up to US$5 billion in fresh equity that could value the online payments giant at more than US$100 billion, people familiar with the move said.A […]

By Reposted by International FinTech | FinTech . Investing . Venture Capital
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Feb
15

Put people first to get fintech right in Asia

As the Year of the Rooster gives way to the Year of the Dog, fintech remains very much in the news and on investors’ minds. From blockchain to bitcoin, ethereum and other cryptocurrencies, and initial coin offerings that allocate “tokens” as a new means of crowdfunding capital, the language and disruptions buffeting the mainstream banking […]

By Reposted by International FinTech | Bitcoin . FinTech . Payments
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Feb
15

The most important FinTech Innovations that will change our lives in the near future

Technology is affecting the topography of workflow and processes in the financial services industry. What was once handled with the assistance of human hands, physical currency and bulky computers has now been completely digitalized. It is an undeniable expanse of financial services globally and that has bred a fertile ground for FinTech startups. Start ups […]

By Reposted by International FinTech | Banking . FinTech
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