Innovation

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/Innovation

Israeli VC Jerusalem Venture Partners raises $220 million fund

Leading Israeli VC firm, Jerusalem Venture Partners (JVP), today announced the close of its latest fund, JVP VIII, with $220 million in commitments.

/Innovation

Thousands of private companies will access instant valuation after Scots tech breakthrough

The U.K.’s thousands of private companies and entrepreneur-led businesses will soon be able to access an instant valuation in real-time and at the touch of a button after the development of breakthrough technology by Listings Ledger Plc, a start-up at Scotland’s University of Strathclyde. The company has just filed for a patent in the US.

/Innovation

UK and Canada forge closer fintech ties

TheCityUK and Toronto Finance International, two of the world’s leading advocates for financial and related professional services, today renewed their landmark Memorandum of Understanding (MoU), facilitating increased access and co-operation between the UK and Canada.

/inclusion

MetLife and Visa to rank top 50 early-stage fintechs contributing to financial inclusion

MetLife Foundation and Visa Inc., with global nonprofit Accion and IFC, a member of the World Bank Group, announced a new initiative to recognize the top 50 early-stage fintechs contributing to financial inclusion around the globe.

/Innovation

Financial Venture Studio selects next class of seed-stage fintech startups

The Financial Venture Studio (FVS) is now accepting applications for its next class. Interested U.S.-based companies should apply today for the chance to be part of the nation’s premier program for seed-stage fintech startups.

/startups

Global fintech investment rockets to a record $111.8B in 2018, driven by mega deals

Global fintech funding rose to $111.8B* in 2018, up 120 percent from $50.8B in 2017, fueled by mega M&A and buyout deals, according to the KPMG Pulse of Fintech report.

/startups

Barclays partners Avenue HQ for Leeds Eagle Labs location

Barclays has been revealed as the major new partner at Avenue HQ, a new, flexible workspace which recently opened in Leeds to support the city’s growing entrepreneurial business community.

/Innovation

Sberbank to create human science and behaviour laboratory

Sberbank actively develops the activities of its laboratories, which include: AI, robotics, VR and AR, and other laboratories.

/startups

Scotiabank invites applications for Mexican accelerator

Scotiabank and The Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM), commonly referred to as Tec de Monterrey, today announced the launch of Factory A in Mexico City, the bank's first accelerator.

/startups

Assetz Capital co-founder Andrew Holgate sets up fintech advisory service

Equitivo, Europe’s first full service fintech consultancy, launches today in London and Manchester.

/startups

Sberbank and 500 Startups select seven start-ups for Silicon Valley

Sberbank has selected thirty start-ups that completed the acceleration at the joint Russian-American accelerator of Sberbank and 500 Startups. Sberbank also decided to invest up to RUB 120 mln in them.

/Innovation

Bahrain launches fintech talent programme

Bahrain FinTech Bay and the Labour Fund “Tamkeen” announced in a press conference yesterday the launch of its FinTech Talent Program focused on the training and development of Bahrainis and is the first and only of its kind in the Middle East.

/regulation

Quebec's AMF launches Global Financial Innovation Network

The Autorité des marchés financiers (the AMF) is pleased to announce the official launch of the Global Financial Innovation Network (GFIN), an international network of financial regulators committed to supporting financial innovation that benefits consumers.

/startups

Barclays announces 2019 accelerator class

Barclays is excited to announce and welcome the ten companies that will join the 2019 London Barclays Accelerator, powered by Techstars class – the sixth London programme to date.

/Innovation

Hang Seng Bank and HKSTP forge fintech alliance

Hang Seng Bank (Hang Seng) and Hong Kong Science and Technology Parks Corporation (HKSTP) today announced a strategic alliance to help accelerate the development and deployment of fintech solutions for the banking sector in Hong Kong.

/startups

Wells Fargo welcomes new accelerator cohort

Wells Fargo & Company (NYSE:WFC) announced today that OpenRisk Technologies Inc. and Vouchr have joined the Wells Fargo Startup Accelerator, bringing the total number of companies in the portfolio to 21.

/Innovation

Georgetown University launches professional fintech course

FinTech Consortium is pleased to announce the launch of Georgetown University’s Professional Development Program in FinTech, an online interactive course.

/Innovation

Hong Kong Science and Technology Park signs fintech MoU with Tencent

Hong Kong Science and Technology Parks Corporation (HKSTP) today signed a Memorandum of Understanding (MoU) with Tencent to accelerate the R&D development and deployment of Fintech in Hong Kong by combining Tencent’s revolutionary and advanced technology capabilities with HKSTP’s infrastructure and vibrant innovation and technology (I&T) ecosystem.

/Innovation

SocGen revisits innovation strategy

To offer evermore innovative services and a best-in-class relationship experience to its clients, Societe Generale moves to the next level with its Innovation strategy.

/Innovation

Token Economy Association teams up with Singapore government-backed blockchain accelerator

Token Economy Association (Singapore) (“TEA Singapore”) is pleased to announce the partnership with Tribe Accelerator, the first-of-its-kind government-backed blockchain accelerator, and part of TRIVE Ventures (“TRIVE”), a Southeast Asia focused Venture Capital (VC) firm based in Singapore.

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