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1151

Alibaba’s Ant Financial Raises $4.5 Billion In World’s Largest Private Tech Investment Round

By Rahil Bhagat for Forbes Asia

Alibaba’s Ant Financial Services Group, one of the world’s largest online financial services companies, announced today that it has completed a US$ 4.5 billion Series B round of financing.

(more…)

China, Deals, Fintech news, Global trends, InspirAsia

April 26, 2016

900

Deals: Lendix grabs $13.5 million to become a leading European P2P lending platform

By Romain Dillet for TechCrunch

Shortly after acquiring its competitor Finsquare, Lendix is back with more news. The French startup has just raised $13.5 million (€12 million) and now wants to become one of the leading European peer-to-peer lending platforms. (more…)

Deals, Fintech news, Global trends, Mobile payments/banking, p2p-payments

April 26, 2016

1220

For This Fintech Upstart, Small Is Beautiful

By Telis Demos for WSJ

Acorns Grow Inc. is banking on the idea that tiny investments are the future of Wall Street.

(more…)

Banks, Deals, Global trends

April 25, 2016

1199

A Chinese fintech behemoth is getting ready to go public

By Daniel Roberts for Yahoo News

Ant is a misnomer for one Chinese fintech company. (more…)

Deals, eWallets, Fintech news, Global trends, InspirAsia

April 22, 2016

1157

Visa, Malaysian Islamic banking association on the lookout for best fintech startups in ASEAN

By Sainul Abudheen K for E27.com

The competition is open to residents of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam (more…)

Banks, Deals, Global trends, p2p-payments

April 18, 2016

1061

PayPal Credit comes to the U.K. to let you buy now, pay later

By Killian Bell for Technobuffalo

PayPal Credit, the service that lets you buy items online and pay for them later, is now available in the United Kingdom. It takes just a minute to apply, and shoppers pay zero interest for four months on purchases over £150 (approx. $212). (more…)

Cashless, Deals, eWallets, Fintech news, Global trends

April 17, 2016

757

MobiKwik to increase fintech play, aims profits by 2017

By Times of India

Plans to diversify revenue streams by offering financial products like loans and mutual funds

(more…)

Deals, eWallets, Global trends, InspirAsia

April 17, 2016

1005

PayPal Co-Founder’s Affirm Raises $100 Million To Reinvent Credit

By Leena Rao for Fortune

Affirm will use the funding to launch new services and for M&A. (more…)

Deals, Global trends, p2p-payments

April 13, 2016

1097

Investing with a new purpose

By Steve Schlafman from RRE Ventures (From his medium.com)
(more…)

Deals, Global trends, Hotnews, SME

April 13, 2016

1033

Deals: Luka, with $4.42 million in Series A, releases AI-powered chat bots

By Jordan Crook for Techcrunch

Just in time for the chat bot craze, Startup Battlefield alum Luka is enhancing its AI-powered messaging service with a variety of smart bots to help users get whatever they desire. (more…)

Banks, Deals, Fintech news, Global trends, InspirAsia

April 12, 2016

1503

Is Regulation Coming to Online and Marketplace Lending?

By Mark Prosser for Forbes

The rapid growth of alternative and marketplace lenders is often attributed to the fact that they don’t face the same strict regulations as banks. But could that change soon? In the last nine months, regulatory tremors have rippled through the online lending space. (more…)

Banks, Cashless, Deals, Fintech news, Global trends

April 12, 2016

1154

Tim Draper has raised $190 million for his newest venture fund

By Connie Loizos for Techcrunch.com

In late 2013, Tim Draper left the decades-old firm he’d co-founded, Draper Fisher Jurvetson, but he suggested he might be back some day. (more…)

Deals, Global trends, news

April 12, 2016

1151

Rakuten Ventures injects extra $100m into global startup fund

By Steven Millward for techinAsia

Rakuten Ventures, the investment arm of the Japan-based ecommerce titan, today announced it’s doubling its Global Investment Fund to US$200 million. (more…)

Deals, Global trends, InspirAsia

April 12, 2016

1247

Alibaba pours a total of $1B into Southeast Asia e-commerce platform Lazada

By Catherine Shu for techcrunch.com

Alibaba just took a big step in its Southeast Asian expansion journey. The company said today that it has pumped a total investment of about $1 billion into Lazada, in a deal that makes it the e-commerce platform’s controlling shareholder. (more…)

Deals, Global trends, InspirAsia

April 12, 2016

867

BNP Sees 3 Reasons Why Crowdfunding Could Benefit from Blockchain

By Pete Rizzo for Coindesk

BNP Paribas is choosing to begin its public experiments with blockchain tech by pursuing one of its less discussed use cases – crowdfunding. (more…)

Banks, Deals, Fintech news, Global trends, InspirAsia

April 9, 2016

1047

Fintech dominates Nordic startup investments

By Dennis Mitzner for Techcrunch.com

Fintech attracted the most investment for the first time in the Nordic region, more than any other vertical.  Between January 1, 2014 and end of March 2016, 51 fintech investments were made in companies in Sweden, Finland, Norway, Denmark and Iceland, totaling $390.17 million. (more…)

Deals, Global trends, Government activities, InspirAsia

April 9, 2016

842

Amazon mulls fintech acquisitions as valuations fall

By Arjun Kharpal for Cnbc

Amazon‘s payments business is beginning to look for acquisitions as the value of financial technology – or fintech – start-ups “comes back to earth”, a top executive at the e-commerce giant told CNBC on Tuesday.

(more…)

Deals, Global trends

April 6, 2016

929

Deals: German consumer loans marketplace Finanzcheck closes €33M Series C

By Steve o’Hear for Techcrunch.com

In Europe, London tends to grab most of the fintech limelight but other tech hubs in the continent are producing their fair share of fintech companies with comparative success, not least in Germany. (more…)

Deals, Fintech news

April 6, 2016

2044

These are the biggest names in bitcoin and blockchain tech

By Daniel Roberts for Yahoo news

While critics are still dubious of the future viability of the digital currency bitcoin, at least one group sure isn’t: venture capitalists. VCs pumped more investment into bitcoin and blockchain-related startups last year than in any previous year—nearly $1 billion. They’re keeping this industry hot, even if we haven’t yet seen a so-called “killer app,” a use case for bitcoin that would compel the average person to care. And it isn’t just investors leading the charge—it’s a handful of key executives, thinkers and even policy people. (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news, Global trends

April 4, 2016

1004

European tech funding was almost flat in Q1 2016

By  for VentureBeat.com

The first quarter of 2016 has come to a close: European and Israeli startups raised €4.4 billion across 769 deals in Q1, including Spotify’s recent $1 billion debt round.

(more…)

Deals, Fintech news, Global trends

April 4, 2016

1336

The UK’s online financial marketplaces attracted $253m in VC money last year

By Helen Cahil for City AM

Financial marketplaces – crowdfunding platforms and other fintech sites – have proven irresistible to the City, it turns out, after figures released today showed venture capital funding for the sector has shot up five-fold in the last two years. (more…)

Cashless, Deals, Fintech news, Global trends

March 31, 2016

1253

Deals: Robo-advisor Betterment raises $100m

By Finextra.com

Betterment has raised $100 million in a funding round led by Swedish investment firm Kinnevik which values the American robo-advisor at $700 million. (more…)

Deals, Fintech news, Global trends

March 30, 2016

1542

Samsung Pay launches in China and Singapore

By Viktoria Ho for Mashable

SINGAPORE — Samsung has announced a spate of mobile payments services in Asia, with the most fanfare given to its tap-to-pay Samsung Pay service opening in China.

(more…)

Cashless, Deals, Fintech news, Global trends, InspirAsia

March 29, 2016

2655

O2O and IoT in Retail and Fintech

Technology is killing the traditional retailer. Victims will include those selling commodity brand-name-type products like consumer electronics, appliances, sporting equipment and furniture, and may even include those selling consumable goods.

Read our full research “Money of the Future”. Download PDF (20MB)
(more…)

Cashless, Deals, Fintech news, Global trends, Hotnews, InspirAsia

March 26, 2016

1504

UBS and Credit Suisse launch fintech accelerator

By Finextra

The two largest Swiss banks UBS and Credit Suisse, are partnering with Swisscom, Swiss Life and Ernst & Young to launch a fintech accelerator with an international target audience. (more…)

Banks, Deals, Fintech news, Global trends

March 24, 2016

1168

Deals: Online lender Kreditech closes out Series C at $103M after getting $11M from the IFC

By Ingrid Lunden for techcrunch.com

Kreditech — the German startup that offers loans and other financial services to consumers who have little or no credit history by using some 20,000 data points online to assess their suitability — has added another $11 million (€10 million) to its Series C round of funding. (more…)

Deals, Fintech news, Global trends, p2p-payments

March 24, 2016

1265

Square integrates with Facebook Ads to drive customer sales

By Leena Rao for Fortune,

Square is adding new features to its marketing software. (more…)

Deals, Fintech news, Global trends, InspirAsia, Mobile payments/banking

March 24, 2016

1328

Deals: London fintech startup GoCardless raises $13M to bring recurring payments platform to more countries

By Steve O’Hear for Techcrunch.com

GoCardless has become somewhat of a poster child for the London fintech scene. Offering an alternative to card payments, the startup provides a simple way for businesses to set up and accept bank-to-bank payments online (also known as Direct Debit), and is now processing £1 billion worth of payments annually. That’s up from £500 million in July — a figure that co-founder and CEO Hiroki Takeuchi tells me is on track to double. (more…)

Cashless, Deals, Fintech news, Mobile payments/banking

March 23, 2016

1038

Deals: Mattermark raises $7.3M at a $42M valuation to expand its B2B search and analytics tools

By Ingrid Lunden for Techcrunch.com

Mattermark, a startup that mines and crunches public Internet data to provide investors, sales teams and others with search tools and other business intelligence, has raised another $7.3 million in funding — a Series B round that values the company at $42 million. (more…)

Deals, Fintech news

March 21, 2016

1050

Deals: A startup that helps police track criminals using bitcoin just raised $5 million

By Stan Higgins for Coindesk.com

Bitcoin surveillance startup Elliptic has raised $5m in Series A funding in a round that involved a private equity firm with strong US defense and intelligence connections. (more…)

Blockchain, Cryptocurrencies, Deals, Fintech news

March 21, 2016