TreeCard secures $5.1 million investment for wooden debit card

Treecard

TreeCard, the provider of a wooden Mastercard debit card that channels profits from merchant surcharges into reforestation programmes, has raised $5.1 million in a funding round led by EQT Ventures. The round also included participation from Seedcamp and Episode 1, as well as a number of well-connected Angel investors including GoCardless founder Matt Robinson and […]

Evolution of FinTech Solutions and their Applications in 2021

Fintech, known for its applications in the e-commerce industry, has been in popular demand over recent years. By fusing technology and finance in smart products and services, Fintech brings innovation to the table for businesses and customers alike. According to Statista, the industry will top a staggering $4.8 trillion by the end of 2020 and […]

Dutch startup Founda Health books $15 million to bring ‘fintech platform’ model to healthcare

founda

Founda Health, an Amsterdam startup that says it’s bringing fintech-style ‘platformization’ to healthcare, has raised a $15 million seed funding round from an undisclosed group of healthcare and fintech entrepreneurs. Founda cites how fintech has made payments intuitive for the consumer: multiple finance players integrate and collaborate in the background to process a secure credit […]

TransferWise rebrands as ‘Wise’ to reflect brand expansion

Having built a strong initial reputation as being one of fintech’s leading money transfer companies, Wise has reflected that “customers now need [it] for more” and sought to capture this transition with a clear separation from its past identity. Now over a decade since it was founded, the company has broadened its capabilities to include international currency […]

Google introduces pay for parking within Google Maps

Google has released a new feature which lets consumers pay for parking and transit fares directly from within Google Maps. Users just need to link their Google Pay account to the Maps application to make touch-free payments at parking meters in more than 400 cities across the US. States the tech giant: “Thanks to an […]

Climate Fintech Is Coming

What do you get when you combine the buzziest tech sector with the most high-profile public policy issue? Financial technology combating climate change. It would seem an unlikely pairing, but the last year witnessed an explosion in climate-focused fintech products and companies. The public’s focus on climate change is here to stay, which could continue […]

Post-Brexit Britain Plots Fintech Big Bang with Hubs, Tech Visas

U.K. Chancellor Rishi Sunak plans to introduce new visas for financial technology workers in next month’s budget, part of a package of proposals in a report aimed at boosting the industry in the country, according to newspapers. The fast-track visa program is designed to lure global talent to Britain’s fintech companies and will mirror a […]

NBA MVP Russell Westbrook Leads $63 Million Strategic Investment in Varo Bank

Russell Westbrook will help co-create a new impact platform aimed at underserved communities for the country’s only social-impact focused national digital bank Varo Bank, America’s first all-digital nationally chartered bank, today announced an extensive engagement with Russell Westbrook, nine time NBA All-Star, NBA MVP, entrepreneur, philanthropist, and designer. Mr. Westbrook joins Varo as an investor and […]

Internet browser Opera prepares for roll out of fintech banking service

Opera

Internet company Opera is moving into financial services with the launch of Dify, an in-browser cashback service and digital wallet for online shopping.Launching first in Spain, the the initial version of the Dify app ships with a current account, a free virtual debit card issued by Mastercard, as well as Google Pay support for offline […]

Joompay partners with Visa for pan-Europe payment solutions

joompay

A relative newcomer on the scene, Joompay was founded in 2019 in Windhof, Luxembourg. The company aims to develop the increasingly popular P2P payments model with simple, fast and secure transactions across the entirety of Europe.  Also gaining momentum are card payments, particularly in the 12 months since the start of the global pandemic. In Europe alone, […]