28 June 2017
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Latest start ups news

Industry veterans launch merchant payments marketplace Apexx

Industry veterans launch merchant payments marketplace Apexx

27 April 2017  |  8612 views  |  2 comments | 3 tweets | 6 linkedin

Apexx, a fintech startup founded by former staffers at Zapp, Evo Payments and Xcordia, is launching in London with the goal of creating a transparent marketplace where merchants can browse and plug in to competing services from a network of acquirers and payment brands.

Stock trading app Robinhood raises $110m at $1.3bn valuation

Stock trading app Robinhood raises $110m at $1.3bn valuation

26 April 2017  |  5309 views  |  1 comments | 4 tweets | 6 linkedin

Robinhood, the Silicon Valley startup behind a no-commission stock trading app, has raised $110 million in a Series C funding round that values the firm at $1.3 billion.

State regulators sue OCC over fintech charter plans

State regulators sue OCC over fintech charter plans

26 April 2017  |  6142 views  |  0 comments | 13 tweets | 15 linkedin

US state regulators have filed a lawsuit against the Office of the Comptroller of the Currency, upping the ante in an increasingly bitter dispute over the federal agency's plans to offer bank charter status to qualifying fintech firms.

BBVA steps up fintech acquisition strategy with purchase of Openpay

BBVA steps up fintech acquisition strategy with purchase of Openpay

25 April 2017  |  10862 views  |  1 comments | 22 tweets | 18 linkedin

BBVA's ongoing strategy to buy out promising fintech startups has moved ahead with the acquisition of Mexican B2B payments platform Openpay.

Standard Chartered supercharges fintech accelerator graudates

Standard Chartered supercharges fintech accelerator graudates

25 April 2017  |  7535 views  |  0 comments | 4 tweets | 7 linkedin

Standard Chartered has initiated proof-of-concept trials on robo-advisory services and blockchain with two startups graduating from Hong Kong's SuperCharger Fintech Accelerator programme.

Will.i.am lends voice to Atom Bank

Will.i.am lends voice to Atom Bank

24 April 2017  |  6380 views  |  0 comments | 13 tweets | 15 linkedin

American musician will.i.am has become a strategic board advisor at Atom, calling the new UK app-based bank's bid to change the industry through technology "awesome".

Flux aims to re-imagine paper receipts

Flux aims to re-imagine paper receipts

24 April 2017  |  6024 views  |  2 comments | 4 tweets | 12 linkedin

Flux, a fintech startup founded by three of the first four employees of money transfer firm Revolut, has begun pilot trials of a service to convert paper til receipts to mobile data services in partnership with retail chains Eat and Bel-Air and digital challenger bank Monzo.

National Bank of Canada acquires interest in Myanmar mobile money outfit Ongo

National Bank of Canada acquires interest in Myanmar mobile money outfit Ongo

24 April 2017  |  10078 views  |  0 comments | 9 tweets | 9 linkedin

The National Bank of Canada has acquired a 22% stake in Ongo, a mobile money service with big plans for expansion in Myanmar.

Token raises $15.7 million as PSD2 approaches

Token raises $15.7 million as PSD2 approaches

24 April 2017  |  9026 views  |  0 comments | 21 tweets | 20 linkedin

API-based transaction network Token has secured $15.7 million in Series A funding from major investors including Octopus Ventures, EQT Ventures and OP Financial Group as it bids to capitalise on opportunities from the forthcoming implementation of the PSD2 directive in Europe.

National Bank of Cambodia inks DLT development deal

National Bank of Cambodia inks DLT development deal

24 April 2017  |  7672 views  |  0 comments | 6 tweets | 3 linkedin

The National Bank of Cambodia is teaming up with distributed ledger technology specialist Soramitsu to develop the use of the Hyperledger Iroha software framework for a possible new payment infrastructure.

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