27 March 2017
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Latest start ups news

Billon completes live distributed ledger pay outs in the UK

Billon completes live distributed ledger pay outs in the UK

3 hours ago  |  1321 views  |  0 comments | 1 linkedin

Billon, a Polish e-money transfer startup backed up distributed ledger technology, is set to enter the UK market having completed a successful trial of a corporate payout system with consumer research firm Conduct Research.

Bank of Ireland welcomes startups to startlab incubator programme

Bank of Ireland welcomes startups to startlab incubator programme

24 March 2017  |  3991 views  |  0 comments | 9 tweets | 7 linkedin

Bank of Ireland is kicking off the second session of its annual incubator programme to support innovative startups in the West of Ireland.

Citi Ventures leads $11 million round in AI-based personal finance advocate Clarity Money

Citi Ventures leads $11 million round in AI-based personal finance advocate Clarity Money

23 March 2017  |  4280 views  |  0 comments | 6 tweets | 4 linkedin

Personal finance app Clarity Money has raised a further $11 million in venture capital financing in a Series B round led by RRE Ventures and Citi Ventures.

Skandiabanken makes robo-advisory push with stake in Quantfolio

Skandiabanken makes robo-advisory push with stake in Quantfolio

23 March 2017  |  2683 views  |  0 comments | 6 tweets | 3 linkedin

Norwegian digital bank Skandiabanken has acquired a 39.9% stake in local AI and machine learning outfit Quantfolio as part of a push into the provision of robo advisory services for customers of its private savings division.

European Commission opens public consultation on fintech

European Commission opens public consultation on fintech

23 March 2017  |  10184 views  |  0 comments | 44 tweets | 27 linkedin

The European Commission is to run a public consultation on fintech as it bids to shape its policy response to the booming market for new innovations in financial services.

Revolut to undertake £4 million crowdfund raise; launches subscription service

Revolut to undertake £4 million crowdfund raise; launches subscription service

23 March 2017  |  3647 views  |  0 comments | 3 tweets | 5 linkedin

Revolut is taking a leaf out of Amazon's playbook, launching a Prime-like subscription account that gives members cheaper deals and the opportunity to participate in a forthcoming crowdfunding raise.

Open APIs to shake up small business banking market

Open APIs to shake up small business banking market

23 March 2017  |  4636 views  |  0 comments | 19 tweets | 15 linkedin

Chris Gorst, Challenge Prize Lead at Nesta, explains the motivations and ambitions behind the innovation agency's £5 million prize Open API fund, which opens for applications today.

Swift Business Forum, Canada - live blog

Swift Business Forum, Canada - live blog

22 March 2017  |  5771 views  |  0 comments

Welcome to Finextra's live coverage of the Swift Business Forum in Toronto. This year’s conference, on the theme 'building the future', will investigate how the financial industry is adapting in a fast-changing, digital world where new fintech entrants pose an opportunity and a threat, and cyber-crime is a growing problem.

Tandem rocked by £29 million funding halt

Tandem rocked by £29 million funding halt

20 March 2017  |  5589 views  |  0 comments | 11 tweets | 12 linkedin

Digital challenger bank Tandem has been rocked by news that Sanpower, the Chinese conglomerate which owns House of Fraser, has been forced to cancel a £29 million cash injection intended to help the startup meet regulatory capital requirements.

Zopa's Giles Andrews to take the chair at MarketInvoice

Zopa's Giles Andrews to take the chair at MarketInvoice

20 March 2017  |  2597 views  |  0 comments | 2 tweets | 3 linkedin

The father of the peer-to-peer lending industry Giles Andrews is to take on the chairmanship of invoice finance platform MarketInvoice, while retaining his seat at the board of online lender Zopa.

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