Capgemini and Efma today launched the Financial NewTech Challenge 2020, powered by FinTechVisor, which offers an opportunity for NewTechs and financial institutions to showcase their collaborative business solutions to an elite panel of experts and industry influencers. Financial NewTechs are all startup and scaleup1 firms which provide B2B solutions for financial … [Read more...] about Financial NewTech Challenge 2020
Fintech
Credible Raises $50 Million in Australian IPO
Credible, the consumer finance marketplace that empowers millennials to make smarter financial decisions, has raised $50 million (A$67 million) in an initial public offering on the Australian Securities Exchange (ASX). The offering -- the largest tech IPO on the ASX this year -- will allow Credible to accelerate development of the company's technology platform, deepen its … [Read more...] about Credible Raises $50 Million in Australian IPO
WorldRemit Raises $40m
Leading digital money transfer service WorldRemit has raised $40 million to drive its next phase of growth, supporting its plan to serve 10 million customers connected to emerging markets by 2020. The Series C funding round brings the total amount raised to $220m. WorldRemit’s mobile-first, digital model allows migrants to send money in a few taps directly from their phones … [Read more...] about WorldRemit Raises $40m
Ten Innovative Startups Featured at the FinTech Innovation Lab Asia-Pacific Investor Day
A select group of financial services technology (fintech) companies demonstrated their products and services to dozens of top banking, venture capital and technology executives today at Accenture’s (NYSE:ACN) fourth annual FinTech Innovation Lab Asia-Pacific Investor Day at Cyberport in Hong Kong. Launched by Accenture in June 2014, the FinTech Innovation Lab is a 12-week … [Read more...] about Ten Innovative Startups Featured at the FinTech Innovation Lab Asia-Pacific Investor Day
Four Fintech Startups to Join the Wells Fargo Startup Accelerator Program
Edquity, Hurdlr, Redrock Biometrics and SimSpace explore new approaches to college finances, taxes, biometrics, and cybersecurity Wells Fargo & Company (NYSE:WFC) announced today four early stage fintech companies – Edquity, Hurdlr, Redrock Biometrics, and SimSpace – are the latest startups to join the Wells Fargo Startup Accelerator. Wells Fargo started the non-exclusive, … [Read more...] about Four Fintech Startups to Join the Wells Fargo Startup Accelerator Program
InsurTech investment continues to gain momentum
The FinTech Innovation Lab New York, a 12-week program co-founded by Accenture (NYSE:ACN) and the Partnership Fund for New York City, has launched an insurance technology, or “InsurTech,” track as the demand for innovation among insurers and the number of entrepreneurs developing new solutions for the sector rises sharply. The FinTech Innovation Lab is sponsored by senior … [Read more...] about InsurTech investment continues to gain momentum
Fintech: Blockchain Technology Facilitates Cross-Border Supply Chain
IBM and Maersk announced a joint pilot based on use of blockchain technology to facilitate cross-border supply chain. Blockchain is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically.", The Truth About Blockchain, Harvard … [Read more...] about Fintech: Blockchain Technology Facilitates Cross-Border Supply Chain