21 June 2018
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Latest start ups news

Canadian fintech fund launches with $75m

Canadian fintech fund launches with $75m

11 June 2018  |  4593 views  |  0 comments | 4 tweets | 7 linkedin

Luge Capital, a Canadian fintech venture capital fund with a focus on AI, has opened for business after securing a $75 million investment pot from several Quebec-based financial institutions.

Revolut launches in Russia

Revolut launches in Russia

07 June 2018  |  8851 views  |  0 comments | 6 tweets | 7 linkedin

Digital banking startup Revolut is entering the Russian market after inking a deal giving it access to the payment infrastructure of local player Qiwi Bank.

Goldman Sachs joins funding round for card issuing outfit Marqeta

Goldman Sachs joins funding round for card issuing outfit Marqeta

05 June 2018  |  6605 views  |  0 comments | 2 tweets

Open API card issuing and processing platform Marqeta has raised $45 million in a funding round led by Iconiq Capital and joined by Goldman Sachs.

Mastercard seeks to break down trust barriers in Open Banking

Mastercard seeks to break down trust barriers in Open Banking

05 June 2018  |  12789 views  |  4 comments | 12 tweets | 21 linkedin

Mastercard has unveiled a suite of services to help banks and fintechs navigate the Open Banking terrain.

UniCredit acquires minority stake in PFM outfit Meniga

UniCredit acquires minority stake in PFM outfit Meniga

05 June 2018  |  5146 views  |  0 comments | 8 tweets | 2 linkedin

UniCredit has acquired a minority stake in personal financial management software house Meniga for EUR3.1 million.

European Fintech Alliance hits out at new EC regulation expert group

European Fintech Alliance hits out at new EC regulation expert group

05 June 2018  |  6197 views  |  0 comments | 4 tweets | 7 linkedin

The European Fintech Alliance (EFA) has accused the EC of failing to give startups a voice in a new expert group on regulating fintech innovation, instead packing the body with traditional financial institutions.

Visa launches $100 million venture fund; introduces fast track programme for startups

Visa launches $100 million venture fund; introduces fast track programme for startups

04 June 2018  |  10468 views  |  0 comments | 19 tweets | 22 linkedin

Visa in Europe has launched a $100 venture investment fund and a fast track programme for onboarding fintech startups to the network.

First nine startups selected for EBAday2018 Fintech Zone

First nine startups selected for EBAday2018 Fintech Zone

04 June 2018  |  6443 views  |  0 comments | 3 tweets | 5 linkedin

Finextra and the Euro Banking Association have announced the first nine early stage startups selected to exhibit their products and ideas to banking heads from across Europe at the EBA's flagship payments and transaction conference EBAday2018.

Starling seeks new funding; dumps TransferWise

Starling seeks new funding; dumps TransferWise

31 May 2018  |  10268 views  |  0 comments | 8 tweets | 6 linkedin

UK challenger Starling Bank is reportedly in the early stages of raising £80 million in new funding as it rounds out its business banking offering and competes for a £120 million grant from the RBS bail-out fund.

Nigerian neo-banks raise funding

Nigerian neo-banks raise funding

31 May 2018  |  6802 views  |  0 comments | 5 tweets | 2 linkedin

Nigeria's neo-banking market is picking up steam with new funding rounds announced for credit-based platform Lydia and online and mobile savings startup Piggybank.ng.

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