Archive for June, 2018

KPMG finds few firms have fintech strategy

Only 13 per cent of attendees at KPMG in Bermuda’s Fintech Summit last month said their company had a fintech strategy in place. However, another 46 per cent said they had a fintech strategy in development and 96 per cent believed fintech would impact their industry within the next three years. Those were some of […]

Holland FinTech and Members in FinTech50 2018

Holland FinTech has announced the FinTech50 — a list of the most innovative European fintechs. 2018 is the sixth year for the list. Over 1800 fintech outfits from throughout Europe were in the running for the list. An international selection panel, including Holland FinTech CEO Don Ginsel, decided the final list. The selection panel contained […]

North Carolina Fintech Accelerator Opens Applications

Queen City Fintech accelerator (QCF) is looking for early-stage financial technology startups, or startups that cater to the financial industry, to join the Charlotte, NC entrepreneurial ecosystem. QCF’s 12-week program provides startups access to world class mentors, capital and leading financial services organizations, all in the heart of global banking hub Charlotte, NC. Founders receive […]

Irish-founded fintech firm Trezeo kicks off £400,000 campaign

Irish-founded fintech firm Trezeo has kicked off a campaign on crowdfunding platform Seedrs as it seeks to raise more than £400,000 to develop its products. The company, which is focusing initially on the UK market, aims to deliver financial stability to self-employed workers, with an income smoothing business account that will give customers a regular […]

Decentralized 2018: Athens, Greece Blockchain Conference Nov 14-16 Event Details

Owing to the fact that the Decentralized 2017 was a massive success as Europe’s first ever Blockchain conference that focused on the implications of blockchain technology, the University of Nicosia has organized a similar conference scheduled to take place on 14-16 November 2018 in Divani Caravel, Athens, Greece. Decentralized 2018 Conference features overs 1200 attendees […]

Facebook Is Reversing Its Ban on Cryptocurrency Ads—But There’s a Catch

Back in January, Facebook announced a ban on cryptocurrency-related advertising on its platform—a move that was soon echoed by Google. Now Facebook is partially reversing its ban. The social network and advertising giant will still aim to block ads that promote ICOs and so-called binary options, but it will now again accept ads for cryptocurrencies […]

Europe’s newest unicorn is a process-mining startup founded by German students

Munich’s status as Germany’s second tech hub got a boost today after process-mining startup Celonis announced it had secured $50 million in venture capital to become the newest unicorn in the country. Celonis was started in 2011. The company’s goal is to help its clients optimize their business operations, by using what it calls “process mining” […]

BGTA and Chengdu Financial Holding Group sign deals to establish fintech summit and training centre in Chengdu

BGTA, a Chinese corporate-backed accelerator, and the Chengdu Financial Holding Group (CFHG) signed two agreements to strengthen cooperation. The first deal secures the organisation of the 2018 Chengdu Global Fintech Summit in November. Industry leaders, investors and experts from the global fintech community are expected to attend. Registration to attend the summit will open soon […]

Nationwide launches £50m fintech fund

UK building society Nationwide has joined the fintech venture fund party, putting aside £50 million to invest in promising startups. The mutual will be focussed around seven main themes: house and home; personal data and identity; financial wellness; community and society; banking-as-a-platform; operational efficiency; and new segments. The building society is stressing that it is not […]

Fintech giant Intuit to hire hundreds in Israel

US fintech giant Intuit is substantially expanding its operations in Israel. According to Intuit executive VP and CTO Tayloe Stansbury, the company plans to increase its current 160 R&D employees in Israel to 400-500 during the next three years. Stanbury refrained from saying how much the company planned to invest in Israel, but external estimates are at […]