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924

Here’s why fintech companies are opting to stay private: funding just hit a record

By Julie Verhage for Bloomberg.com

Record number of deals for fintech in 2015. Some fintech companies that have recently entered the public market have had a tough time of late. (more…)

Deals, Fintech news, SME

March 9, 2016

1062

The broken world of mobile payments and how to fix it

By John Rampton for techcrunch.com

It’s being predicted that by the end of this year, mobile payment transactions in the U.S. will grow 210 percent. Despite this impressive gain, it turns out that not everyone is taking advantage of mobile payments. (more…)

Cashless, Fintech news, Mobile payments/banking, SME

March 7, 2016

1265

Google and Accel see huge potential for Indian SaaS startups

By Malavika Velayanikal for TechinAsia.com

Cloud-based software-as-a-service (SaaS) products are seeing hyper growth as small and medium businesses (SMBs) take to them in a big way. And Indian SaaS startups are well-placed to capitalize on it, says a joint report by Google and Accel Partners released today. (more…)

Fintech news, India, SME

March 6, 2016

1144

Coworking spaces are on the rise — here’s why

By Vladislav Solodkiy, Managing partner of Life.SREDA

I remember, when I was first starting out, the whole concept of a coworking space seemed strange. (more…)

Fintech news, Global trends, Singapore, SME

March 6, 2016

1998

Life.SREDA VC report: Venture Debt

Life.SREDA VC  is focused on financial, mobile and internet businesses shares their findings on things you need to know about venture debt. 

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

Analytics, Fintech news, Hotnews, SME

March 5, 2016

947

Square Makes Small Business Push For Growth Ahead Of Earnings

By Ryan Mac for Forbes,

Following Square’s initial public offering in November, the company’s executives hung up a new sign at San Francisco headquarters to remind employees of their mission. Located just through the doors of Square’s main entrance, the white block letters set against a similarly colored backdrop broadcasts one of CEO Jack Dorsey’s highest principles: “Economic Empowerment.” (more…)

Cashless, Fintech news, Mobile payments/banking, POS/mPOS and online acquiring, SME

March 3, 2016

1515

Why China’s fintech will change how the world thinks about banking

By Zennon Kapron for Forbes

With digitalization and FinTech high on the banking agenda, the disruption of financial services looks like a given. The question, however, is where will the real change come from. Will it be blockchain, real-time settlement, the highly competitive payment space, crowdfunding, or P2P lending? (more…)

Analytics, Fintech news, news, SME

March 2, 2016

1202

Life.SREDA VC opened a coworking & art gallery in the heart of Singapore.

By Yon Heong Tung,

Singapore-based fintech VC firm Life.SREDA has announced the launch of its new co-working space at the heartland of innovation in Singapore–Block 79 Ayer Rajah Crescent. (more…)

Fintech news, Hotnews, InspirAsia, news, SME

March 1, 2016

957

Fast Dining Startup Allset Comes To New York City

By Anthony Ha for Techcrunch.com,

Lunch breaks! They’re great, right? But they can also turn into a huge time sink — I’ve definitely had moments where I’m frantically flagging down a waiter because everything’s taken longer than expected, leaving me to try to pay the check and get to my next meeting in just a few minutes. (more…)

Fintech news, Pre-order services, SME

February 28, 2016

1457

Amazon invades India

By Vivienne Walt for Fortune magazine,

How Jeff Bezos aims to conquer the next “trillion-dollar market.” The inside story. (more…)

Fintech news, India, Mobile payments/banking, SME

February 26, 2016

1193

Taiwanese restaurant POS startup raises $5.6m, has 1,000+ paying customers

By Terence Lee for Techcrunch.com,

Street food heaven Taiwan is getting a tech upgrade, courtesy of Taiwanese startup iChef. It has cooked up an iPad-based restaurant point-of-sales (POS) system which has been scoring customers. 1,080 restaurants are using its product, each paying on average US$80 a month (that’s a monthly revenue of US$86,400). (more…)

Pre-order services, SME

February 25, 2016

663

Deals: Latvia’s Mintos scores €2M investment for P2P loans marketplace

By Steve O’Hear for Techcrunch.com

Latvia’s , a fintech startup that operates a p2p loans marketplace to let investors invest in various loans from a growing number of loan originators, has raised €2 million in seed funding. Backing comes from Riga-based VC Skillion Ventures. (more…)

Cashless, Deals, Fintech news, p2p/online lending, SME

February 23, 2016

1060

World Bank: how Vietnam can become a modern, industrialized nation in 20 years

By World Bank Press release,

Gov’t-World Bank Group joint report recommends reforms to foster private sector competitiveness, promote social inclusion and build modern institutions.

Fintech news, Government activities, SME, Vietnam

February 23, 2016

744

Only 22% of India’s VC-funded early-stage startups expect to turn profitable in the next year

By  for techinasia.com

What’s up with India’s startup ecosystem? According to data released in InnoVen Capital’s “India Startup Outlook Report,” only 22 percent of VC-funded early-stage startups expected to turn profitable in the next year, probably because the intention of getting investor money is to trade profitability for growth.

(more…)

Analytics, Fintech news, India, SME

February 23, 2016

981

5 reasons Apple Pay won’t succeed in China

By Steven Millward for TechinAsia.com

Apple Pay launched in China today, as Tech in Asia reported this morning. It’s not going to be an easy ride for Apple, since Chinese consumers are already used to online payments and in-store cashless transactions on their phones through WeChat and Alipay.

(more…)

Analytics, China, Fintech news, Global trends, Mobile payments/banking, news, SME

February 19, 2016

2367

25 FinTech Startups That Expanded Globally Despite Regulations & Other Problems

Borderless innovation is a broad topic, which includes global expansion, global networking, cross-country laws, global business opportunities and partnerships and a lot more. A few FinTech startups have been successful in global expansion.

(more…)

Banks, Cashless, Fintech news, Global trends, news, SME

February 19, 2016

852

A 32-year-old CEO who sold her startup for more than $250 million reveals her one piece of advice for...

By Portia Crowe for Business Insider,

Alexa von Tobel is a startup founder, a New York Times best-selling author, and a Presidential Ambassador for Global Entrepreneurship. (more…)

Fintech news, PFM/PFP services, SME

February 18, 2016

Blockchains Predicted to Power the Internet of Things

By Philip Ryan for Bank Innovation,

You might be using a blockchain to order detergent within the next few years. (more…)

Blockchain, Cashless, eWallets, Global trends, SME

February 17, 2016

1337

852

Deals: Indian online renting platform RentSher gets $300,000 seed from a group of angels

The Economic Times:  RentSher – set up by IIT Delhi and Oxford University alumni – is a marketplace for rental products has raised more than $300,000 in seed funding, according to a top executive of the company.

(more…)

Deals, Fintech news, India, news, SME

February 15, 2016

2047

India: Moving a Billion People into Digital Finance

By Elliot Maras, article first appeared in CCN: Bitcoin, Blockchain, FinTech, & Cryptocurrency News

CCN: Digital finance has great potential to improve life for consumers and merchants in India. But the lack of familiarity has impeded digital money’s growth in the country. This lack of awareness exists despite India Prime Minister Narendra Modi’s national mission for financial inclusion. (more…)

Analytics, Cashless, Global trends, Government activities, India, Mobile payments/banking, SME

February 15, 2016

815

Deals: Personal finance website partners OCBC to offer home loan with a rate of 1.63%

By Rachel Boon for StraitsTimes,

SINGAPORE -Personal finance portal MoneySmart.sg will offer an OCBC Bank home loan for a limited period. (more…)

Banks, Deals, Fintech news, Japan, Mobile-first banks, SME

February 12, 2016

997

How Alibaba is helping Paytm think differently about ecommerce in India

By Meghna Rao for TechinAsia.com

Paytm has had a unique approach to ecommerce in India. Originally launched as a site for mobile phone top-ups in 2010, the name is an abbreviation for “pay through mobile”. It soon pivoted to become an online wallet and, four years later, it launched an ecommerce site. (more…)

Cashless, China, eWallets, Fintech news, InspirAsia, SME

February 11, 2016

550

Fintech Is Just Getting Started

By Alan Carlisle for Techcrunch.com,

In just the first week of trading in 2016, the S&P 500 lost 6 percentage points and more than one trillion dollars in market capitalization. With the worst start in more than a century, the markets seem to be predicting a slow period for the U.S. economy. (more…)

Fintech news, Global trends, SME

February 10, 2016

872

PayPal hopes to cash in on millennials’ love of Venmo

By Trey Williams for Market watch,

Since rolling out to the public in 2012, Venmo has been a peer-to-peer payment app. Millennials have taken to it as a way to send money and emoji to friends for meals, event tickets, bills, etc.

(more…)

eWallets, Fintech news, news, SME

January 24, 2016

609

ZestFinance Expands Parental Leave To Six Months Paid Time Off For Primary Caregivers

By Megan Rose Dickey for Techcrunch.com,

ZestFinance, a data-driven underwriting and credit analysis platform, is implementing an expanded parental leave policy. Now, ZestFinance is offering employees six months of paid time off for primary caregivers, three months of paid time off for secondary caregivers, and the option for primary caregivers to work part-time for an additional six months without losing any benefits coverage. (more…)

Fintech news, SME

January 22, 2016

734

India’s Modi Launches $1.5 Billion Fund for Startups

By Reuters,

Indian Prime Minister Narendra Modi launched a number of initiatives on Saturday to support the country’s start-ups, including a 100 billion rupee ($1.5 billion) fund and a string of tax breaks for both the companies and their investors. (more…)

Cashless, Fintech news, Government activities, India, news, SME

January 16, 2016

582

Deals: Euclid Analytics Raises $20M Series C To Track Consumer Behavior In Retail Stores

By Catherine Shu for Techcrunch.com

Euclid Analytics plans to help more companies track customer behavior in their retail stores after raising a $20 million Series C. The funding will be used to acquire clients, add new employees, and build Euclid’s location analytics platform. (more…)

Deals, Fintech news, SME

January 14, 2016

Kabbage Vs. OnDeck: Which is Best for Your Small Business?

By Rieva Lesonsky for Fundera Ledger,

If you’re a small business owner trying to secure a small business loan, the good news is you have more options available to you than ever before. In fact, sometimes you might feel as if you have so many choices, it’s hard to determine the best source of financing. In this article, I’ll try to help out by taking a closer look at two very popular alternative financing sources, Kabbage and OnDeck, and when it comes to Kabbage vs. OnDeck, how they differ.  (more…)

Fintech news, SME

January 9, 2016

709

Deals: Gusto, formerly ZenPayroll, raises $50M ‘opportunistic round,’ boasts 25,000 customers

By Ken Yeung for Venture Beat 

Gusto, the payroll and benefits service provider formerly known as ZenPayroll, has raised over $50 million in what its CEO calls an “opportunistic insider round.” The company also disclosed that it now counts more than 25,000 businesses in the U.S as customers, or 0.5 percent of all U.S. employers. (more…)

Deals, Fintech news, SME

January 2, 2016