Articles with tag: startups

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Liquidity Capital, MUFG secure USD 80 mln initiative for Asia-based startups

11 Aug 2020 | Payments General

Israel-based AI technology firm Liquidity Capital has partnered with Japan-based MUFG Bank to determine the feasibility of issuing loans to Asian startups.

Liquidity Capital, MUFG Bank, initiative, Asia, startups, Singapore, Israel, Japan, Mars Growth Capital, Mars Growth, AI technology, bank accounts, accounting information, financing, ecommerce, Mitsubishi UFJ Financial Group, Meitav Dash Investments

Ecommerce platform Sorabel to shut down by end of July

27 Jul 2020 | Online Payments

Indonesia-based fashion ecommerce platform Sorabel has confirmed to be shutting down by the end of July 2020.

Indonesia, ecommerce, Sorabel, liquidation, startups, COVID-19, pandemic

Treezor becomes a privileged partner of Mastercard Fintech Express programme

17 Jul 2020 | E-invoicing, SCF & E-procurement

Treezor has become a privileged partner of the Fintech Express programme announced by Mastercard in June 2020.

Treezor, Mastercard, fintech, Mastercard Fintech Express, partnership, France, Europe, payments, Banking-as-a-Service, BaaS, Benelux, Italy, Spain, Germany, startups, technology, MPTS

Singapore FinTech Association and R3 enter partnership

15 Jul 2020 | Payments General

Singapore Fintech Association (SFA) and R3 have entered into a strategic partnership. 

Singapore FinTech Association, R3, startups, Singapore, blockchain

Société Générale to acquire challenger bank Shine

01 Jul 2020 | E-invoicing, SCF & E-procurement

Société Générale has announced acquiring France-based startup Shine for around EUR 100 million in an all-cash deal.

Société Générale, freelancer, challenger bank, banks, Shine, France, startups, Daphni, Kima Ventures, XAnge, freelancers, debit cards, cards, invoices, banking license

Hub71 teams up with two UAE banks

26 Jun 2020 | E-invoicing, SCF & E-procurement

Hub71, a global tech ecosystem, has joined forces with Mashreq Bank and First Abu Dhabi Bank (FAB) to fix the problems faced by startups while opening a UAE bank account.

Hub71, UAE, banks, banking, startups, Mashreq Bank, First Abu Dhabi Bank, FAB, whitepaper, Rethinking Banking for Startups, partnership, transactions, KYC

KPMG rolls out crypto asset management tools

23 Jun 2020 | Cryptocurrencies

KPMG has developed a suite of tools that aims to assist both traditional financial companies and fintech startups offer tightly managed crypto-asset services.

KPMG, financial companies, startups, fintechs, advanced analytics, blockchain, crypto assets, auditing

Curlec to bring direct debit online for Malaysian people

22 Jun 2020 | E-invoicing, SCF & E-procurement

Malaysia-based fintech Curlec has secured funding from 500 startups.

Malaysia, fintech, Curlec, SMEs, payments, direct debit, banks, transactions, startups, banking, software, partnership, Southeast Asia

Tonik Financial secures USD 21 mln in Series A funding

15 Jun 2020 | Online & Mobile Banking

Tonik Financial has raised USD 21 million in its Series A round and will be using the funds to start its digital bank services in the Philippines. 

Phillippine, digital bank, digital, banks, Tonik Financial, Sequoia India, Point72 Ventures, Insignia, Credence, banking, banking licence, startups, retail, retail banking, loans, payments, cards

PayPal supports diversity and minority businesses with a USD 530 mln fund

12 Jun 2020 | E-invoicing, SCF & E-procurement

PayPal has announced a USD 530 million commitment to support black-owned and other minority-owned businesses in the US. 

PayPal, US, banks, startups, COVID-19, coronavirus, digital,

Dubai International Financial Center invests in four startups

11 Jun 2020 | Payments General

Dubai International Financial Center has invested in four startups through its USD 100 million Fintech Fund.

Dubai, Dubai International Financial Center, fintech, startups, FlexxPay, Rise, Now Meny, Sarwa, Fintech Fund, Middle East, Africa, South Asia, financial

Ohana to launch its e-wallet

26 May 2020 | Payments General

Argentina-based fintech Ohana has announced the launch of its first product, an e-wallet which allows users to pay services, taxes, send funds and make QR payments—all at no cost. 

Ohana, e-wallet, Argentina, fintech, payments, startups, Chimpay, Grupo Huentala Inversiones, HIH

UBS to invest in fintech projects

26 May 2020 | E-invoicing, SCF & E-procurement

UBS Group, a Switzerland-based investment banking, has announced creating a venture capital fund with a corpus of hundreds of millions of dollars of its own fund.

UBS, fintech, Switzerland, banking, startups, banks

Brex secures USD 150 mln in Series C extension

20 May 2020 | Payments General

US-based fintech Brex has raised USD 150 million in a Series C extension from a group of existing investors, including DST Global and Lone Pine Capital.

Brex, US, fintech, DST Global, Lone Pine Capital, credit cards, startups, Neji, Compose Labs, Landria, ecommerce, Brex Cash

HatchX launched virtually

11 May 2020 | E-invoicing, SCF & E-procurement

Sri Lanka-based HatchX, a fintech accelerator program, has launched virtually.

HatchX, Sri Lanks, fintech, partnership, Ford Foundation, Central Bank of Sri Lanka, CBSL, Fintech Association of Sri Lanka, startups, South Asia, banks, network, Digital Insurance Lanka Brokers, Direct Pay, Flipbox.com, Helios P2P, iLoan, MintPay, OGO Pay

A look into Japan's fintech landscape - Tokyo FinTech

11 May 2020 | Online & Mobile Banking

Norbert Gehrke of Tokyo FinTech elaborates on the most important fintech trends in Japan, while highlighting the possible impact of the coronavirus pandemic on the financial services sector

Norbert Gehrke, Tokyo FinTech, fintech, Japan, coronavirus, COVID-19, economy, Tokyo, Netherlands, Switzerland, Taiwan, Sweden, cashless, payments, Germany, merchants, SMEs, Open Banking, banking, electronic payments, PISPs, AISPs, banks, APIs, Financial Services Agency, FSA, startups, digital banks, retail, Emerada, cryptocurrency, Bitcoin, Payment Services Act, PSA, Financial Instruments and Exchange Act, FIEA, security, tokens, exchange, blockchain, transactions

Tipalti joins forces with FloQast, Affise, and Myers-Holum

07 May 2020 | Digital Identity, Security & Online Fraud

Payables automation platform Tipalti has unveiled three new strategic partnerships to modernise finance operations for startups and midsized companies. 

Tipalti, partnerships, FloQast, Affise, Myers-Holum, startups, finance operations, accounts payable, management, markets, fraud, risks

Lloyds chooses 12 insurtech startups to take part in Lloyds Lab

13 Apr 2020 | E-invoicing, SCF & E-procurement

The Lloyds Banking Group has chosen 12 early-stage insurtech companies to take part in its innovation accelerator program, called Lloyds Lab.

Lloyds, insurance, technology, Lloyds Lab, insurtech, innovation, COVID-19, startups

PayU comes up with initiatives to support businesses during the pandemic outbreak

06 Apr 2020 | Payments General

PayU has launched initiatives to help merchants, SMBs and entrepreneurs manage the disruption caused by the COVID-19 crisis. 

PayU, COVID-19, merchants, SMBs, entrpreneurs, payment gateway, Startups Helping Startups, Shopify, ZOHO, Shopmatic, Verloop, Atlassian, start-ups, ecommerce, Whatsapp, Idifi, loans, credit, India

France announces EUR 5 bln investment plan to support startups

25 Mar 2020 | Payments General

President Macron has secured a EUR 5 billion investment to help the country’s startups survive the coronavirus pandemic and maintain cash levels in between their fundraising, reports Electronic Payments International.

France, investment, startups, coronavirus