Archive for the ‘FinTech’ Category

UK’s Green Fintech Challenge

The UK’s Financial Conduct Authority has launched its Green FinTech Challenge. Firms that require specific regulatory support are invited to apply. The Challenge will provide support to a selection of firms developing innovative products and services to assist in the UK’s transition to a greener economy. It is open to start-ups, incumbents and technology providers. Successful […]

UK Retail Banks Draft FinTech Alliance Guidelines

Top U.K. banks and fintech firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions. The new guidelines, developed by the British Standards Institution, aim to address issues that interfere with FinTech firms and banks forming alliances. The U.K. banks that put them together includes […]

Hong Kong remains vigilant against risks of virtual assets even as fintech investments more than double, financial minister says

Investment in Hong Kong’s fintech industry more than doubled last year to US$550 million, far surpassing Singapore, according to Hong Kong financial secretary Paul Chan Mo-po. The Greater Bay Area will inject new momentum and provide a bigger market for Hong Kong’s fintech development, while the opening of the high-speed rail link and the Hong Kong-Zhuhai-Macau […]

Factris Concludes EUR 1.5 Million Funding Round

Factris — a fintech company which offers factoring to small and medium-sized businesses in Europe — announced the successful conclusion of the funding round led by the European venture capital fund Speedinvest Fintech. The initial investment of EUR 1.5 million is for sales, marketing and growing the platform capabilities to support pan European operations. As part […]

Early stage technology investment in Europe increases four-fold in three years

Investment in Early Stage Technology in Europe has increased from  €875 million in the first half of 2015 to €3.6 billion in the first half of 2018, finds a new report. The report, A Deep Dive into European Early-Stage Tech Startup Activity, produced by Stripe, Techstars and research specialists Tech.eu, found that Fintech startups such as Monzo […]

2nd Fintech Banking Summit at the BMC

Following last year’s professional and media success, the Fintech Banking Summit conference will again be organized this year by Elektromédia Kft. on November 22 at the Budapest Music Center (BMC). The aim of the event is to outline the latest fintech trends and gather together key players in the industry, connecting potential clients, partners, mentors and […]

DWS Group acquires stake in GCC FinTech start-up Neo Technologies

DWS Group, a European asset manager in which Germany’s Deutsche Bank has a majority stake, agreed to buy a 15 per cent stake in Dubai and Kuwait-based FinTech start-up Neo Technologies for an undisclosed sum. Neo Technologies aims to work with asset managers and other financial institutions in the Middle East to help them provide digital […]

J.P. Morgan to collaborate with Wematch

Wematch Interest Rates has been selected to join J.P. Morgan’s In-Residence fintech programme and will collaborate with the bank to explore ways of applying its technology at scale. Wematch.live’s technology brings a new way of thinking to the dealer-to-dealer interest rate market as it applies a previously unseen level of automation to a trader’s workflow. Read […]

Portify raises £1.3M to help gig economy workers improve their financial well-being

Portify, a London fintech startup that offers an app and various financial products to help gig economy workers better manage their finances and in turn improve financial well-being, has raised £1.3 million in seed investment. The round was led by Kindred Capital and company builder and investor Entrepreneur First, with participation from various unnamed angel […]

The fintech interview: Part 9 TrueLayer

In the latest fintech interview Karl Flinders features a company which doesn’t provide financial services to businesses or consumers, but enables other fintechs to do just that. TrueLayer is one of those companies that fits into the second syllable of the noun fintech and is a product of the open banking revolution. It provides an API that […]