Fintech news



Stripe acquires Indie Hackers in bid to strengthen relationship with entrepreneurs

By Ken Yeung for Venture Beat

Stripe has acquired the knowledge-sharing service for entrepreneurs known as Indie Hackers. While financial terms of the deal were not disclosed, Indie Hackers will remain operational as an independent subsidiary. Stripe hopes that this transaction will enable it to strengthen its relationship with startup community and further increase “the GDP of the internet.” (more…)

Fintech news, Global trends, Hotnews, InspirAsia, Payment processors/providers/gateways

April 12, 2017



Techstars partners Echelon, set to connect SEA startups across a 600-city network

By Chee Hui Ming for

 Curious about how to build your business wherever you choose to live? You don’t have to be in SV to benefit from APAC’s strongest startup community. Join Techstars and e27 on a journey from Penang, to Bangkok, to Singapore and Jakarta. (more…)

Accelerators/Incubators/Labs, Fintech news, Global trends, Hotnews, InspirAsia

April 11, 2017



Thailand’s Digital Ventures invests in geolocation data firm Pulse iD

Digital Ventures, a fintech-focussed venture capital subsidiary of Siam Commercial Bank (SCB), has invested in Hong Kong-based geolocation data startup Pulse iD, the bank said on Tuesday. (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia

April 11, 2017



Ant Financial is planning to double-down on blockchain, focussed on data credibility

By Kevin McSpadden for

Jack Ma’s fintech giant Ant Financial is planning to increase its emphasis, and use, of blockchain technology in an effort to provide more trustworthy data to its user base, according to a report in the South China Morning Post. (more…)

Blockchain, Deals, Fintech news, Global trends, Hotnews

April 11, 2017



Capital Float Tops Up Capital Raise


India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 million raise announced Monday (April 10). (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia, p2p/online lending, SME

April 11, 2017

Lend Closes CHF3.5M Series A Funding


Lend, a Zürich, Switzerland-based fintech startup, closed a CHF3.5m Series A funding. (more…)

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

April 11, 2017



Digital hubs take center stage as the Malaysian startup ecosystem leans into developing the digital economy

By Lyra Reyes for

Situated at the heart of SEA, Malaysia’s strategic location affords it the capability of easily connecting to a regional market of over 625 million people as it shares land and maritime borders with 6 countries. (more…)

Fintech news, Global trends, Government activities, InspirAsia, Payment processors/providers/gateways

April 10, 2017

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What Dimon had to say about fintech in his annual letter

By Robert Barba for American Banker

This year, JPMorgan Chase plans to allow its retail customers to open an account and complete most transactions on their mobile device and offer them self-directed investment tools, while corporate customers can expect an enhanced digital platform. (more…)

Banks, Fintech news, Hotnews, Influences FinTech

April 10, 2017

Kabbage Exceeds $3 Billion Mark, Lends to over 100,000 SMEs

By  for Crowdfund Insider

Kabbage, a leading financial services, technology and data platform, announced it has extended more than $3 billion to small businesses across all 50 U.S. states, covering every industry. The company has also now served over 100,000 small businesses through its platform, representing the largest customer base of any online small business lender. (more…)

Fintech news, Global trends, p2p/online lending

April 10, 2017



Meniga helps incumbent banks keep fintech fear at bay

By Steve O’Hear for

A VC once told me that fear was the best sales tool ever invented. That was in reference to the hockey stick growth his cybersecurity startup was seeing, thanks to a raft of stories in the media regarding high profile cases of companies being hacked. But might the same be said of banks and the pending threat of fintech? Arguably, they have much to fear. (more…)

Fintech news, Hotnews, Influences FinTech

April 7, 2017

Monzo Announces Banking Restrictions Have Been Lifted


Fintech news, Global trends, Mobile-first banks

April 7, 2017



Moneytree Sees Green with $9 Million Funding Round

By Julie Muhn (@julieschicktanz) for Finovate

Japanese personal finance app Moneytree has landed $9 million (¥ 1 billion) in a series B round recently. This is the company’s third round of funding and brings its total raised to $10.5 million. SBI Investment led the round. Mizuho Capital, SMBC Venture Capital, Salesforce Ventures, Fukuoka Technology Partners, Hiroshima Venture Capital, Senshu Ikeda Capital, and Baillie Gifford also participated. (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia, p2p/online lending

April 7, 2017



Fintech deal size in Southeast Asia dropped in 2016, is only tiny spec of global market volume

By Igor Pesin, Partner, Life.SREDA

As I wrote last time, in 2016 China became the new leader in fintech worldwide with 39 per cent of global volume. (more…)

Fintech news, Global trends, Hotnews, InspirAsia

April 7, 2017



OCBC Bank launches Emma, the mortgage chatbot

With more than 20,000 conversations logged since its launch in January, OCBC Bank is lauding the success of its specialised home and renovation loan chatbot service, Emma. (more…)

Fintech news

April 6, 2017



Monzo gears up for current accounts after receiving full banking license

UK digital challenger Monzo has had its banking restriction lifted, enabling it to start bringing current accounts to its users. (more…)

Banks, Deals, Fintech news, Global trends, Hotnews, Influences FinTech, Mobile-first banks

April 6, 2017



Fintech startup Wecash bags US$80M in Series C financing

By Technode

Wecash is the first online credit evaluation platform in China  (more…)

Credit scoring, Deals, Fintech news, InspirAsia

April 6, 2017



Singapore fintech investor tryb Capital injects US$4M into Chinsay, plans to leverage smart contract data

By Kevin McSpadden for

tryb Capital, a Singaporean growth-stage technology investor, announced today its first official investment — a US$4 million strategic financing for Chinsay AB, a Swedish SaaS company digitalising freighting contracts. (more…)

Deals, Fintech news, Global trends, Hotnews, InspirAsia

April 6, 2017

Abra Goes Global, Leverages Crowdtesting

For technology startups looking to expand their reach, crowdtesting has become a key resource to ensure operability on the global market. (more…)

Fintech news, Global trends

April 6, 2017

Wells Fargo, Finicity Team To Provide An API-Based Way Of Sharing Customer Information

Wells Fargo & Company announced Wednesday (April 5) that it and Finicity, a provider of real-time financial data aggregation and insights, have signed an agreement that provides an application programming interface (API)–based method for sharing Wells Fargo customer information with the financial apps and services that Finicity supports. (more…)

AI / Machine Learning / Big Data, Banks, Fintech news, Global trends, Hotnews

April 6, 2017



Deutsche Bank buys stake in receivables auction platform TrustBills


Deutsche Bank AG today announced the acquisition of a 12.5 percent share interest in the receivables auction platform TrustBills. (more…)

Banks, Deals, Fintech news, Hotnews, InspirAsia

April 5, 2017



Rabobank invites employees to pitch ideas for new brand strategy

By Rabobank

Envision… having the opportunity to reintroduce Rabobank to the Netherlands and to the world. (more…)

Banks, Fintech news, Hotnews

April 5, 2017



WhatsApp makes P2P payments play in India

Facebook-owned messaging service WhatsApp is advertising for a digital transaction lead with experience of UPI, Aadhaar and BHIM, in a move which is seen as the precursor to the launch of a peer-to-peer payments service in India. (more…)

Fintech news, Global trends, Government activities, Hotnews, InspirAsia, p2p-payments

April 5, 2017



5 rising startups in India – April 4, 2017

By Malavika Velayanikal for Tech in Asia

In 2015, we would have a handful of startups announcing funding from VCs and angel investors almost everyday. This year, it’s been quiet compared to then. Now investors seem to have become more cautious and that shows in the quality of the startups who bag any funding. (more…)

Fintech news, Global trends, India, InspirAsia

April 5, 2017

Money transfer startup Azimo now lets you send money to a phone number

By Steve O’Hear for

Azimo, the U.K. money transfer startup backed by Rakuten, is rolling out a neat new feature that makes it a lot easier to send money through the app and should add additional network effects to help the London-based fintech company grow. Specifically, the new functionality enables Azimo users to request, send and receive cash internationally using a mobile phone number. (more…)

Fintech news, Global trends, Hotnews, Remittances

April 5, 2017



This fintech startup is helping Chinese people move their money abroad

By Eva Xiao for TechinAsia

Every year, hundreds of thousands of Chinese students leave their country to study abroad. While overseas, they pay tuition, buy books, eat at restaurants, and pay rent. All of that requires one crucial step: moving Chinese yuan out of China. (more…)

Fintech news, Global trends, InspirAsia, Remittances

April 4, 2017



Insights from Google and Facebook at the Future of Digital Banking, Asia Pacific – Hosted by MarketForce


“The Future of Digital Banking: Asia-Pacific” was hosted by Marketforce on March 21 and 22, 2017 in Singapore. The conference managed to bring together an interesting set of C-suite, senior bankers, industry experts, tech companies and the startup community. (more…)

About, Cashless, Fintech news, Global trends, InspirAsia

April 4, 2017



This fintech startup uses machine learning to give international students credit cards

By Matthew Hughes for The Next Web

America has some of the best universities in the world. Internationally respected institutions like MIT, Harvard and Stanford attract countless young people from every corner of the globe. (more…)

AI / Machine Learning / Big Data, Analytics, Fintech news, Hotnews, Payment processors/providers/gateways

April 4, 2017



Jack Ma talks about why Alibaba will last for 102 years

A recent speech of Jack Ma has everyone talking in China. The last time Ma spoke in public, he pledged to create 1 million jobs in US when he met the US President at Trump Tower in New York in January. (more…)

Banks, Fintech news, Global trends, Hotnews

April 3, 2017



How These 2 Offbeat Online Lenders Could Help You Land Funding

You may not have heard of them, but these less-known online lenders could be your source of startup cash. (more…)

Fintech news, Global trends, p2p/online lending

April 3, 2017

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With core conversions, the question isn’t if, but when

By Bryan Yurkan for American Banker,

Expense and risk has kept many U.S. banks from modernizing their core systems, but executives at one community bank that completed the project this past summer say they are happier for having done it. (more…)

Banks, Fintech news, Global trends, Hotnews

April 1, 2017