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1575

Deals: Revolut Gets More Funding For Its Mobile Foreign Exchange Service

By Romain Dillet for techcrunch.com,

British startup Revolut just closed its seed round. After announcing having raised $2.3 million this Summer, the company has added a couple of new investors. In total, the company has raised $4.8 million (£3.2 million) from Index Ventures, Balderton Capital, Seedcamp and Point Nine, Venrex and business angels. (more…)

Deals, Fintech news

February 27, 2016

2433

The bank that fintech built: Number26 and TransferWise team up to re-invent banking

By Paul Sawers for VentureBeat

Two European fintech startups are teaming up to give a glimpse of what the bank of tomorrow could look like. (more…)

Banks, Fintech news, Mobile-first banks

February 25, 2016

1644

Transferwise: How True Unicorn Startups Identify What Consumers Want

Serving enduring consumer needs, not chasing the next technological feature, is the key to achieving unicorn status. (more…)

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

February 19, 2016

4260

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

1643

TransferWise and YouGov report: “How Tech is democratizing the Financial services sector”

By  for Crowdfundinsider.com

Almost one third of Americans are likely to be using a technology provider and not a bank for the majority of their financial services activity in just five years time, according to a new report launched by TransferWise, the peer-to-peer international money transfer platform. (more…)

Analytics, Fintech news, Global trends, Hotnews, p2p-payments, p2p/online lending

January 13, 2016

1025

Fintech comes to Davos

Fintech will be high on the agenda at this year’s World Economic Forum jamboree in Davos, as senior bankers take to the stage to discuss the digital convulsion hitting their industry, and smaller startups stalk the halls.

(more…)

Fintech news, Mobile payments/banking, news

January 13, 2016

1192

TransferWise did less than £6.5 million in sales last year despite being worth $1 billion

By Business Insider,

Hot British online money transfer startup TransferWise is officially a “small company.” (more…)

Cashless, Deals, Fintech news

January 4, 2016

2591

The hottest European fintech startups in 2015

EU-STARTUPS: In the last decade, there were a bunch of really successful fintech companies that started in Europe. Companies like Klarna, Adyen or Transferwise (to name just a few) changed the way we do payments or the way we transfer money overseas. By pursuing radical new concepts, these fintech startups became some of Europe’s most valuable companies within just a few years.

(more…)

eWallets, Fintech news, Mobile payments/banking, Mobile-first banks, news, p2p-payments, p2p/online lending, POS/mPOS and online acquiring, Remittances

July 10, 2015

1505

Three FinTech Startups You Should Know

Forbes: CrediFi (aims to solve the lack of transparency, particularly around key financial information, in the Commercial Real Estate space, and providing in-depth loan information previously unknown to the market), City Falcon (is looking to level the playing field in the $25b financial information services market bringing “Bloomberg to the consumer”) and TransferWise (more…)

Fintech news, news

June 18, 2015

1815

Money Transfer Startup Azimo Raises $20M At A $100M Valuation

TECHCRUNCHAzimo, a mobile money transfer startup out of London that was once feted by Facebook, is jumping into the funding ring with a $20 million raise. CEO and co-founder Michael Kent says the company will use the investment to continue to build out its operations across Europe and deeper into the community of migrants who already form the bedrock of its services. (more…)

Deals, Fintech news, news, Remittances

June 15, 2015

CurrencyFair Raises Further €10 Million

TECHCRUNCH: VCs continue to plough money into money transfer/currency exchange startups in Europe. This time it’s the turn of CurrencyFair, which has raised a further €10 million. The round was led by Octopus Investments, with participation from previous backer Frontline Ventures. (more…)

Deals, Fintech news, news, p2p-payments

April 16, 2015

2036

First Things First, What Is Fintech?

THE GUARDIAN:  Simply put, it’s “the application of technology in financial services to create disruptive business models and inclusive products,” says EY’s Imran Gulamhuseinwala. One example is M-Pesa, a mobile-phone based payments network serving millions of ‘unbanked’ in Kenya.

(more…)

Analytics, Global trends

February 3, 2015