Tag: Fintech
German phone directory business backs FinTech startup Invoice Cycle
Fintech startup Invoice Cycle has closed a $4m seed funding round led by German phone directory business Mueller Medien group.
Deutsche Börse launches FinTech-focused VC platform
German stock exchange operator Deutsche Börse is targeting the fast-growing fintech industry with a new corporate venture capital platform.
Goldman Sachs Investment Partners leads $44m round for fintech business Plaid
Goldman Sachs Investment Partners has led a $44m financing round for venture capital-backed fintech ecosystem business Plaid Technologies.
Bank of England seeks to innovate services via new FinTech Accelerator
The Bank of England announced the launch of a new Fintech Accelerator on 17 June looking to support businesses able to help it innovate central banking.
Five FinTech start-ups aiming to replace traditional banking
According to recent data from Accenture, funding for FinTech companies reached a staggering £3.7bn in the first quarter of 2016 alone. Read more: econsultancy.com
The Evolution of FinTech and the Financial Ecosystem
Senior Deputy Governor Carolyn Wilkins calls for the public and private sectors to work closely together to realize fintechs full benefits and minimize its risks. Read more: www.bankofcanada.ca
SB of India launches fund for FinTech startups
State Bank Of India launches a Rs 200 cr fund for Fintech startups. Read more: yourstory.com
IK taps Small Cap Fund I to back Nordic payment solution...
European buyout house IK Investment Partners will use its IK Small Cap I Fund to buy a majority stake in Sweden-based payment solution provider OS Group, or OpenSolution.
PromisePay picks up $10m of VC, entrepreneur funding
Australian online marketplace startup PromisePay has picked up $10m of new capital from backers including Cultivation Capital, Rampersand and Reinventure.
Will Banking and FinTech Merge or Collide?
Financial services technology disruption isn’t exclusive to wealth management. The impact that fintech, and tech in general, has had on banking. Read more: www.business2community.com