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Bunq brings Google Pay to the Netherlands and Portugal

The Dutch neobank, founded in 2012, has become the first provider to offer Google Pay support in its home country, as well as in Portugal. Google Pay is a safe and easy way to pay contactless with your NFC-equipped Android phone in physical retail locations or online. It creates encrypted virtual cards

Lanistar’s New Card Supports Personalized Security, A First In Fintech

Bottom Line: Lanistar’s new payment card provides an innovative solution to the paradox holding FinTech back from growing faster, which are the conflicting needs of providing tighter transaction security while giving customers more freedom to customize services. Fintech startups bring much-needed innovation to the Financial Services industry by concentrating on

Railsbank raises $37m

Banking-as-a-Service platform Railsbank has raised $37 million in a funding round led by MiddleGame Ventures and Ventura Capital. Anthos Capital, Global Brains, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr joined the round, the proceeds of which will be used to fuel London-based Railsbank’s geographic and product expansion.

British AI fintech startup ilumoni raises €380K to make it easy for people to borrow well

ilumoni, the British fintech startup helping people to borrow better, save on unnecessary interest and time in paying off debts has raised more than €380K pre-seed investment backed by Move Ventures (formed by the founders of Market Gravity, acquired by Deloitte in 2017), and angel investors including Simon Moran, former
Blog

How Fintech Is Tackling Access, Infrastructure: ‘You Have To Keep Innovating’

  • Renato Capelj  -
The financial services industry needs to address the 1.6 billion people without stable access to the sector, Basil Moftah, general partner at Global Ventures, said Tuesday at the Benzinga Global Fintech Awards.  “How do you bring them into the digital world with all the benefits that many of us have gotten used
Blog

New Report Finds Common “Blockchain for Good” Would Help Humanitarian Sector Build More Trust and Efficiency

  • Polly Harrison  -
A new report has found that a new, cross-sector blockchain could help aid agencies respond to increasingly frequent and complex crises, and provide significant cost savings. The technology would allow humanitarian groups to reach more people at a time when aid spending is under pressure from shrinking government budgets
Blog

Alternative financing is a lifeline for SMEs under lockdown

  • Rhys Thomas  -
As the UK enters another lockdown, businesses around the country – especially small companies – are fighting for their survival. While COVID-19 rages, SME lending in the UK has tanked and liquidity has plummeted by 80% since the pandemic began.  Government-led schemes including tax deferrals and government-backed loans have
News

Fintech Unicorns Flywire And AvidXchange Are Planning To Go Public In 2021

  • Jeff Kauflin  -
As more people and businesses move transactions online during the pandemic, financial technology companies are reaping the benefits. On top of other expected IPOs in 2021 like Robinhood, Affirm and Marqeta, two more fintech unicorns are planning to go public, according to people familiar with the matter. AvidXchange, a Charlotte company

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Bunq brings Google Pay to the Netherlands and Portugal

The Dutch neobank, founded in 2012, has become the first provider to offer Google Pay support in its home country, as well as in Portugal. Google Pay is a safe and easy way to pay contactless with your NFC-equipped Android phone in physical retail locations or online. It creates encrypted virtual cards that are securely stored on your device – you can just pick up your phone and pay with a few taps, and it’s available across all bunq plans. Ali Niknam, CEO and founder of bunq, says: “We’re always challenging the status quo to make life easy for our users, and this is a

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