22 January 2017
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Latest start ups news

SocGen builds startup database

SocGen builds startup database

20 January 2017  |  3167 views  |  0 comments | 6 tweets | 3 linkedin

French bank Societe Generale is setting up an internal platform, dubbed Startup Radar, where staffers can access information about experimental projects and recommend interesting fintech firms.

Australian Government agency steps in to support fintech accelerator

Australian Government agency steps in to support fintech accelerator

20 January 2017  |  2284 views  |  0 comments | 2 tweets | 1 linkedin

Australian fintech accelerator H2 Ventures has secured a $4 million warchest from Investec to invest in up to 40 startups, underwritten by a Government-backed guarantee of $2 million

Deutsche Bourse turns to fintech partners to build 'Exchange 4.0'

Deutsche Bourse turns to fintech partners to build 'Exchange 4.0'

18 January 2017  |  5071 views  |  1 comments | 23 tweets | 14 linkedin

Deutsche Bourse is promising to cooperate with fintech firms and tap new technologies such as big data, AI and, above all, blockchain as it moves toward the creation of an 'Exchange 4.0', says CEO Carsten Kengeter.

Fintech veterans create new investment vehicle

Fintech veterans create new investment vehicle

18 January 2017  |  2788 views  |  0 comments | 5 tweets | 2 linkedin

Motive Partners, a fintech investment vehicle backed by veterans of the global financial technology industry, has made its first deal, investing $7 million in FX compression outfit LMRKTS.

Thiel backs French biz banking startup Qonto

Thiel backs French biz banking startup Qonto

17 January 2017  |  4620 views  |  0 comments | 7 tweets | 3 linkedin

With a slate of stellar investors onboard, Qonto, a French digital business banking service for entrepreneurs and startups, is gearing up for launch.

Accenture beats Brexit blues with largest-ever London startup programme

Accenture beats Brexit blues with largest-ever London startup programme

16 January 2017  |  11202 views  |  0 comments | 31 tweets | 20 linkedin

Accenture is banishing the Brexit blues by running its largest ever fintech accelerator programme in London after fielding more than 300 applicants from around the globe.

Banks face big profit loss to digitisation - McKinsey

Banks face big profit loss to digitisation - McKinsey

16 January 2017  |  16859 views  |  0 comments | 95 tweets | 113 linkedin

European banks stand to lose half their profits from digital disruption trends shaking the banking industry, according to a report from McKinsey.

Worldpay founder Ogden enters challenger bank space

Worldpay founder Ogden enters challenger bank space

13 January 2017  |  5819 views  |  1 comments | 4 tweets | 9 linkedin

The founder of Worldpay is entering the crowded UK challenger bank space after gaining approval from regulators for the launch of ClearBank.

Open data - competition cuts both ways

Open data - competition cuts both ways

13 January 2017  |  5432 views  |  2 comments

Fintech demands for open access to bank data might just end up bolstering consumer trust in exiting banks, further entrenching their dominant market share, believes Darren Abbruzzese, general manager, Data, ANZ

Rakuten moves into European banking market

Rakuten moves into European banking market

11 January 2017  |  7913 views  |  0 comments | 26 tweets | 24 linkedin

Japanese e-commerce conglomerate and prominent fintech investor Rakuten is to launch a commercial banking operation in Europe from its Luxembourg headquarters.

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