Category: Fintech

AI as a blueprint for fintech startups
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AI as a blueprint for fintech startups

Marc Gilman is general counsel and VP of compliance at Theta Lake. He is also an adjunct professor at Fordham University School of Law. More posts by this contributor While most startup founders would prefer not to pore over laws, regulations and interpretive materials to design a perfect product, it’s an essential exercise for those…

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Vitesse, a fintech providing real-time cross-border payments for businesses, scores £6.6M Series A
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Vitesse, a fintech providing real-time cross-border payments for businesses, scores £6.6M Series A

Vitesse, the London-based fintech that offers real-time cross-border payments for businesses, has raised £6.6 million in Series A funding. The round is led by Octopus Ventures, with participation from existing backers including Hoxton Ventures and various angel investors. The company says the new investment will be used for growth, including building out its sales and…

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IPO mistakes, fintech results, and the Zenefits ‘mafia’
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IPO mistakes, fintech results, and the Zenefits ‘mafia’

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment. It’s broadly based on the weekday column that appears on Extra Crunch, but free. And it’s made just for you. You can sign up for the newsletter here.  With that out of the way, let’s talk money, upstart companies and the…

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Jack Ma’s fintech giant Ant starts IPO process in Hong Kong and Shanghai
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Jack Ma’s fintech giant Ant starts IPO process in Hong Kong and Shanghai

The Jack Ma -controlled Ant Group finally sets in motion what the market has been anticipating for years. The financial services and payments behemoth said Monday that it has kickstarted the process of a concurrent initial public offering on the Hong Kong Stock Exchange and Shanghai Stock Exchange’s Nasdaq-style Star Market. The public listing will…

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Jack Ma’s fintech giant tops 1.3 billion users globally
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Jack Ma’s fintech giant tops 1.3 billion users globally

The speculation that Alibaba’s fintech affiliate Ant Group will go public has been swirling around for years. New details came to light recently. Reuters reported last week that the fintech giant could float as soon as this year in an initial public offering that values it at $200 billion. As a private firm, details of…

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London fintech Curve to power Samsung Pay Card in the UK
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London fintech Curve to power Samsung Pay Card in the UK

Curve, the London fintech that is re-bundling various financial products by letting you consolidate all your bank cards into a single card and app, is partnering with Samsung in the U.K. to power its forthcoming debit card, which is scheduled to launch later this year. Dubbed “Samsung Pay Card” — and obviously a bid by…

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Hong Kong fintech Qupital partners with eBay to provide financing for sellers
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Hong Kong fintech Qupital partners with eBay to provide financing for sellers

Qupital, a trade financing platform, announced today that it will partner with eBay as one of its officially recommended Hong Kong financing service providers. In today’s announcement, Qupital said it will provide offshore financing services, including working capital, to eBay sellers in China and Hong Kong through QiaoYiDai, its main product. The agreement with eBay…

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Fintech regulations in Latin America could fuel growth or freeze out startups
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Fintech regulations in Latin America could fuel growth or freeze out startups

Ximena Aleman Contributor Ximena Aleman is co-founder and chief business development officer at Prometeo, an open banking platform that serves Latin America. It may have entered the game later than other leading regions such as Europe and North America, but Latin America’s fintech industry is dynamic and growing fast. The sector was recently given a…

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Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets
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Estonian fintech askRobin scores $1.7M to bring ‘fair credit’ to emerging markets

AskRobin, an Estonia-founded fintech that operates a financial services marketplace for “underbanked” customers in Latin America, has picked up $1.7 million in funding. The seed round is backed by VC funds Change Ventures, Vereeni Early Stage Fund, BENE Asia Capital, and Lemonade Stand. In addition, a number of tech entrepreneurs from Estonia participated, such as…

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African fintech firm Flutterwave launches SME e-commerce portal
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African fintech firm Flutterwave launches SME e-commerce portal

San Francisco and Lagos-based fintech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops to sell online. The product is less Amazon and more eBay — with no inventory or warehouse requirements. Flutterwave insists the move doesn’t represent any shift away from its core payments business. The company accelerated the development…

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