Sector Updates

Lending Club hires new CFO to lead through turbulent times

Lending Club has brought in its new CFO. Thomas Casey is joining the wavering peer-to-peer lending company following the departure of Carrie Dolan.

PayPal buddies with UnionPay for European payments

PayPay is making it easier for European e-commerce companies to attract Chinese customers through a partnership with UnionPay.

Shanghai launches new blockchain alliance

There a new blockchain consortium in town with the announcement of the Shanghai Industrial Development Blockchain Alliance.

CashFlow scoops up payments firm iCheque

Cambridge-based CashFlow is acquiring fellow Silicon Fen payments solution iCheque Network. The terms of the deal are undisclosed.

Pleo pockets $3m to control company card spending sprees

Danish Expenses automation service Pleo has raised $3m in a new round of funding to help companies control employee spending.

Ripple grabs $55m from blockchain-curious banks

The blockchain continues its steady shift into mainstream banking with startup Ripple adding seven more major financial institutions, as well as raised $55m in funding.
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FastPay gets Citi backing for digital media lending

Online lenders might be having a tough year but that’s not holding back FastPay. The digital-businesses lender just landed a new round of funding from Citi Ventures.
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Tipalti lands $14m for mass B2B payments

Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.
fintech insurtech wealthtech regtech ai cybertech esg news

N26 taps into Siri for voice-activated transfers

N26 is making good us of Apple’s latest update to its iOS mobile operating system that gives developers access to its voice activates assistant Siri.
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Chinese authorities raid peer-to-peer lender’s offices

The Chinese authorities are cracking down on suspicious peer-to-peer (P2P) lending platforms with raids on the offices of two businesses connected with Shanghai Kuailu Investment Group.

News Stories

FinTech

Another strong week for FinTechs with 26 deals recorded

FinTech Global reported on another powerful week in the FinTech sector, with a total of $783m raised across 26 deals.   This top performing deal...
FutureMoney launches micro-investing app to help families secure financial future

FutureMoney launches micro-investing app to help families secure financial future

FutureMoney, a FinTech company founded by industry veterans, has launched a new micro-investing platform aimed at helping families build generational wealth.
Camwood and Pentaho team up to enhance data analytics capabilities

Camwood and Pentaho team up to enhance data analytics capabilities

Camwood, a leading IT consultancy specialising in digital evolution through the lens of applications, has partnered with Pentaho, a subsidiary of the Japanese multinational conglomerate Hitachi, to bring its data analytics platform to market via a new managed services offering.
Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary introduces innovative flight delay insurance with Companjon

Erste Bank Hungary has launched Flight Delay Insurance, a new service available to its customers in the George app.
Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla partners with Visa to enhance account verification in pay by bank

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, has announced a strategic collaboration with Visa, a world leader in digital payments.

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