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Today in Data: Western Union’s Mixed Earnings

While Tuesday’s earnings for Western Union were a mixed bag, the overall 2017 outlook remains steady. (more…)

Deals, Fintech news, Global trends, InspirAsia

May 4, 2017

101

Yieldify raises another $6M, appoints adtech vet John Giuliani as chairman

By Ingrid Lunded for TechCrunch

As the web becomes an ever more crowded landscape of things battling for your attention, we’re seeing an increase in marketing spend from companies to help capture it, and that in turn is leading to a rising tide for marketing technology startups building solutions to do just that. Today, Yieldify, a London-based company that builds tools to increase conversions on sites and through email campaigns, is announcing a new round of $6 million to continue building out its products. At the same time, it is appointing a new chairman, John Giuliani, an industry veteran who most recently sold his company Conversant to Alliance Data for $2.3 billion. (more…)

Deals, Global trends

May 3, 2017

127

Cisco to acquire networking tech firm Viptela for $610 million

By Venture Beat

Cisco’s second acquisition in the New Year is another big one. (more…)

Deals, Global trends, Hotnews

May 2, 2017

224

JD reportedly in talks to invest in Tokopedia, may propel its valuation past US$1B

By Anisa Menur A. Maulani for e27.com

With the investment in Tokopedia, JD will compete directly with Alibaba, which had purchased controlling stake in Lazada last year (more…)

Deals, Global trends, Hotnews, InspirAsia

May 2, 2017

Emirates NBD integrates blockchain tech into cheques

Emirates NBD is embarking on a pilot that will see it use blockchain technology to boost the security of its cheques. (more…)

Blockchain, Deals, Fintech news, Global trends, Hotnews

May 2, 2017

Fintech Startup Satispay Raises €14M in Funding

Satispay, a Milan, Italy-based fintech startup, raised €14m in its latest funding round. (more…)

Deals

May 1, 2017

AccessPay Receives £2M Financing

AccessPay, a Manchester, UK-based fintech company, raised £2m in debt financing. (more…)

Deals

May 1, 2017

118

Japan’s answer to Y Combinator just graduated its next 3 companies

By Peter Rothenberg for Tech in Asia

Code Republic graduated its second batch of three startups last night. They say ,“threes a crowd,” and the crowd definitely showed up Friday. (more…)

Accelerators/Incubators/Labs, Deals, Global trends, InspirAsia

May 1, 2017

118

Airwallex raises $13M led by Tencent to bring its cross-border payment service to Europe

By Jon Russel for TechCrunch

Australia-based cross-border payments startup Airwallex has closed a $13 million Series A round to expand its reach across Asia Pacific and into Europe. The deal was led by Chinese internet giant Tencent — marking its first investment in an Australian startup — with participation from Sequoia China, Mastercard and other undisclosed investors. (more…)

Deals, eWallets, Global trends, Hotnews, Remittances

May 1, 2017

430

RegTech, AI Fuel Strong B2B FinTech Numbers

BY PYMNTS

Good news emerged from the U.S. venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 billion, found a new report from KPMG. Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. (more…)

Deals, Fintech news, Global trends, SME

April 28, 2017

223

184

TSB to hook up with fintechs for new mobile app

by TSB

TSB has begun to rollout its new mobile banking app, which is the challenger bank’s first service built by its new ‘Proteo’ IT platform. (more…)

Banks, Deals, Fintech news, Hotnews, Mobile-first banks

April 27, 2017

207

BearingPoint invests in Nordic InsurTech startup Tribe

As part of its Ventures activities, BearingPoint has invested in the Oslo-based start-up Tribe. (more…)

Deals, Global trends, Hotnews, Insurance

April 27, 2017

147

This insurance startup came out of nowhere to raise $50m series A

By Michael Tegos for Tech in Asia

Insurtech firm Singapore Life announced today it has raised a blockbuster US$50 million for its series A round. (more…)

Deals, Insurance

April 27, 2017

173

Vantiv to Acquire Paymetric

Vantiv, Inc. (VNTV), a leading provider of payments processing services and related technology solutions for merchants and financial institutions, announced today its agreement to acquire Paymetric, a portfolio company of Francisco Partners. (more…)

Deals, Global trends, Payment processors/providers/gateways

April 26, 2017

197

DBS and OCBC push QR codes for mobile payments

Singaporean banks DBS and OCBC are to introduce QR code-based payments at offline stores in a joint project with national payments processor Nets. (more…)

Banks, Deals, Fintech news, Hotnews, InspirAsia, Payment processors/providers/gateways

April 26, 2017

Financial API manager Quovo raises $10 million

Quovo, a data platform providing insights and connectivity for financial accounts, today announced it has raised $10 million in Series B funding. (more…)

Banks, Deals, Fintech news, Global trends, Hotnews, Open Source/ API

April 26, 2017

156

Korean mobile commerce company Tmon raises $115 million, now valued at $1.2 billion

By VB

Tmon, a mobile ecommerce company based in Korea, has closed a $115 million funding round from new investor Simone Investment Managers, with participation from existing shareholders, including a number of sovereign wealth funds. (more…)

Deals, Fintech news, Global trends, Hotnews

April 26, 2017

269

TradAir deploys trading platform at Amazon AWS London Region

TradAir, the global provider of trading technology solutions for banks, brokers, prime of primes and regulated marketplaces, is using AWS’s London Region to reduce round-trip latency and improve its execution performance. (more…)

Deals, Fintech news, Global trends

April 25, 2017

173

SeedPlus raises over $18m for its first seed-stage fund

By Michael Tegos for tech in Asia

Seed-stage startup investor SeedPlus has raised over US$18 million for its first fund, it announced today. This was the targeted amount but was oversubscribed, partner Michael Smith Jr. tells Tech in Asia. (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia

April 25, 2017

126

HCL to buy mortgage BPO firm Urban Fulfillment Services

HCL Technologies (HCL), a leading global IT services company, today announced an agreement to acquire Urban Fulfillment Services, LLC, (“UFS”), a provider of mortgage business process & fulfilment services. (more…)

Deals, p2p/online lending

April 25, 2017

181

Flux, a fintech startup founded by ex-Revolut employees, wants to make paper receipts obsolete

By Steve O’Hear for TechCrunch.com

Flux, a London-based fintech startup founded by three early employees of foreign exchange and banking app Revolut, is on a mission to make store receipts truly digital. (more…)

Deals, eWallets, Mobile payments/banking, Payment processors/providers/gateways

April 24, 2017

218

Malaysian central bank calls for participation on Fintech Hacks

The Financial Technology Enabler Group (FTEG) has announced that it is seeking ideas from the public on the improvements to financial services sector by harnessing innovation and technology. (more…)

Banks, Deals, Fintech news, Global trends

April 21, 2017

394

Allianz invests in Lemonade

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, today announced a strategic investment by Allianz, the world’s largest insurance company. (more…)

Deals, Hotnews, Insurance

April 21, 2017

203

Danish startup Hufsy joins with solarisBank on SME banking platform

The Danish fintech startup Hufsy is ready to offer fellow startups a banking service beyond what they are used to. (more…)

Banks, Deals, Open Source/ API

April 21, 2017

223

Coinbase plans Ethereum messaging app

Bitcoin exchange and virtual wallet operator Coinbase is bidding to emulate China’s hugely popular WeChat through a new unit that will offer a secure messaging app, an Ethereum wallet and a browser for Ethereum apps. (more…)

Blockchain, Deals, Hotnews

April 21, 2017

214

Blockchain startup Factom raises $8m

Factom, Inc., a blockchain as-a-service (BaaS) technology company has closed their Series A funding at $8,029,796 USD following the launch of its mortgage product, Factom Harmony. (more…)

Blockchain, Deals, Global trends, InspirAsia

April 20, 2017

210

Mizuho enters digital wallet joint venture with Metaps

By Mizuho

Mizuho Financial Group, Inc. (President & Group CEO: Yasuhiro Sato), Mizuho Bank, Ltd. (President & CEO: Koji Fujiwara), Metaps Inc. (CEO: Katsuaki Sato), and WiL LLC (CEO: Gen Isayama) signed an agreement for capital participation and business cooperation for the purpose of providing a new settlement service using FinTech. (more…)

Banks, Deals, Hotnews, InspirAsia

April 20, 2017

Western Union Teams Up With Facebook Messenger For Global Money Transfers

By PYMNTS

Score another win for Facebook with Western Union’s latest announcement at the social media giant’s F8 annual developer conference. (more…)

Deals, Fintech news, Global trends, p2p-payments, Remittances

April 20, 2017

154

Investoo buys comparison site100ForexBrokers

100ForexBrokers.com, launched in 2012, is one of the world’s biggest Forex broker comparison sites with 60,000+ unique visitors per month and 100s of real user reviews. (more…)

Deals, Financial Markets / Trading, Global trends, Wealth management

April 19, 2017