Banks and other providers often add a markup to their exchange rate while advertising low fees, which means you could be paying huge hidden charges. TransferWise transparently displays its fee upfront and deducts it before conversion. No nasty surprises. TransferWise recently launched a Borderless account for businesses and freelancers across the US and Europe to hold money in up to 27 currencies.
Related services
-
Ripple
Instant, certain, low-cost international payments
-
TransferZero
TransferZero is a money transfer fintech 100% online, that saves commissions and time to their customers
-
Moneytis
Moneytis builds a transparent booking.com for money transfer options
-
Kantox
Accesso diretto al mercato valutario. Valute estere senza spread di intermediazione. Dynamic Hedging.
-
Plynk
Plynk is the new messaging app you can't afford to live without. Learn why and sign up for an invite
Discussion
Fintastico Team
17 hours, 34 minutes
https://thefinancialbrand.com/88158/fintech-dig...
Fintech Firms Maturing, Using Data to Expand Service Offerings
Many of the most successful fintech firms are using data and modern technology to gain scale and brand awareness to be considered formidable competition.
Fintastico Team
17 hours, 34 minutes
https://thefinancialbrand.com/88158/fintech-dig...
Fintech Firms Maturing, Using Data to Expand Service Offerings
Many of the most successful fintech firms are using data and modern technology to gain scale and brand awareness to be considered formidable competition.
Fintastico Team
3 days, 12 hours
https://economictimes.indiatimes.com/small-biz/...
Lord Mayor of London leads fintech mission to India
The City of London Mayor said the visit aims to boost relations between India and the UK in innovative finance.
Fintastico Team
1 week, 6 days
https://bankinnovation.net/allposts/biz-lines/l...
SympliFi launches remittance alternative to enhance access to credit in Africa
U.K.-based startup SympliFi is launching a loan product for customers in developing countries in Africa backed by collateral from family members in the U.K.
Fintastico Team
2 weeks, 4 days
https://bankinnovation.net/allposts/operations/...
N26 pursues US market with ads that speak to customer pain points
New York City commuters this week will have their first exposure to European banking brand N26 through ads posted on subway cars. The Berlin-based company
Fintastico Team
4 weeks
https://thefintechtimes.com/uk-fintech-curve/
UK Fintech Curve Launching its First Ever Crowdfunding Campaign | The Fintech Times
Curve, the over-the-top banking platform which consolidates multiple cards and accounts into one smart card and one even smarter app, is launching
Fintastico Team
1 month
https://www.crowdfundinsider.com/2019/08/150604...
Fintech Unicorn TransferWise Launches Debit Mastercard in Australia & New Zealand
Fintech Unicorn and stealth bank Transferwise announced on Wednesday it is launching its debit Mastercard services in Australia and New Zealand. Transferwise reported that its Platinum debit Mastercard has helped more than 250,000 in the UK, the U.S., and Europe avoid hidden bank fees when
Fintastico Team
1 month
https://www.finextra.com/newsarticle/34262/glob...
Global fintech investment falls sharply
Global investment in fintech ventures fell sharply in the first half of 2019, as fundraising and deal activity in China ground to a halt, partially offsetting strong gains in the US, UK and several other European countries, according to Accenture analysis of data from CB Insights.
Fintastico Team
1 month
https://www.finextra.com/pressarticle/79514/tra...
Transferwise launches debit card down under
After endless requests from customers across Australia and New Zealand, it’s finally here. We’re excited to announce the launch of our debit card down under — your passport to cheaper spending overseas.
Fintastico Team
1 month
https://www.crowdfundinsider.com/2019/08/150604...
Fintech Unicorn TransferWise Launches Debit Mastercard in Australia & New Zealand
Fintech Unicorn and stealth bank Transferwise announced on Wednesday it is launching its debit Mastercard services in Australia and New Zealand. Transferwise reported that its Platinum debit Mastercard has helped more than 250,000 in the UK, the U.S., and Europe avoid hidden bank fees when
Fintastico Team
1 month
https://www.crowdfundinsider.com/2019/08/150589...
Accenture Fintech Report: Huge Jump in Funding in UK & US While China Declines Following Big 2018
Global Fintech funding declined during the first half of 2019, driven by a drop in China. But while Chine dipped, Fintech investment jumped in other countries led by the US and the UK, according to a report from Accenture (NYSE: ACN). Yesterday, Crowdfund Insider reported
Fintastico Team
1 month
https://www.crowdfundinsider.com/2019/08/150589...
Accenture Fintech Report: Huge Jump in Funding in UK & US While China Declines Following Big 2018
Global Fintech funding declined during the first half of 2019, driven by a drop in China. But while Chine dipped, Fintech investment jumped in other countries led by the US and the UK, according to a report from Accenture (NYSE: ACN). Yesterday, Crowdfund Insider reported
Fintastico Team
1 month
https://www.crowdfundinsider.com/2019/08/150556...
What's Going On? VC Fintech Deals Fall to 10 Quarter Low But Sector Still Hot as Fintech Unicorn Herd Now Numbers 48 at $187 Billion Valuation
Digital Banks are the New Shiny Global Fintech deals tallied 838 rounds worth $15.1 billion in the first six months of 2019 but the number VC backed Fintech deals dropped to the lowest number since Q4 of 2016, according to CBInsights quarterly Fintech report. While
Fintastico Team
1 month
https://www.crowdfundinsider.com/2019/08/150556...
What's Going On? VC Fintech Deals Fall to 10 Quarter Low But Sector Still Hot as Fintech Unicorn Herd Now Numbers 48 at $187 Billion Valuation
Digital Banks are the New Shiny Global Fintech deals tallied 838 rounds worth $15.1 billion in the first six months of 2019 but the number VC backed Fintech deals dropped to the lowest number since Q4 of 2016, according to CBInsights quarterly Fintech report. While
Fintastico Team
1 month, 1 week
https://www.crowdfundinsider.com/2019/08/150374...
Robinhood Receives FCA Authorization to Operate in the UK; Appoints Wander Rutgers As President
U.S. fintech Robinhood announced on Wednesday it received authorization from the Financial Conduct Authority (FCA) to operate as a broker in the UK. According to Robinhood, the authorization will enable us to bring its investing platform to customers in the UK and is a 'critical
Fintastico Team
1 month, 1 week
https://www.coindesk.com/investment-app-robinho...
Investment App Robinhood Wins License to Operate in UK - CoinDesk
Robinhood, a stocks, ETFs and crypto investment app, has been given the green light to operate as a broker by a U.K. regulator.
Fintastico Team
1 month, 1 week
https://www.fintechfutures.com/2019/08/robinhoo...
Robinhood gets greenlight from FCA to launch trading app in UK
The 2013-founded Silicon Valley startup offers a cheaper way to buy and sell US stocks and shares
Fintastico Team
1 month, 1 week
https://cointelegraph.com/news/blockfi-raises-o...
BlockFi Raises Over $18M in a Round Led by PayPal Co-Founders’ VC Firm
Crypto lender BlockFi secured $18.3 million in a funding round led by a PayPal co-founder’s VC firm Valar Venture.
Fintastico Team
1 month, 1 week
https://www.coindesk.com/bitcoin-and-ether-lend...
Bitcoin and Ether Lender BlockFi Raises $18.3 Million Series A - CoinDesk
Winklevoss Capital, Galaxy Digital, and ConsenSys funded the crypto lender's latest round.
Fintastico Team
1 month, 2 weeks
https://www.coindesk.com/crypto-focused-finance...
Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator - CoinDesk
Aximetria, a firm offering a personal finance app for fiat and cryptocurrencies, has been awarded a financial intermediary license in Switzerland.
Fintastico Team
1 month, 3 weeks
http://feedproxy.google.com/~r/finovate/~3/5iAO...
Paysend Garners $10.6 Million in Funding - Finovate
Cross-border remittance startup Paysend has received a money transfer of its own this week. The London-based company landed $10.6 million (£8.5 million) in Series B funding, bringing its total raised to $30.7 million. There’s no word on an updated valuation but before today’s round, the company was valued at $155 million. The investment comes courtesy Read more...
Fintastico Team
2 months
https://www.bankingtech.com/2019/07/curve-raise...
Curve raises $55m in Series B round
The start-up is now among the top five UK consumer fintechs.
Fintastico Team
2 months
https://finance.yahoo.com/news/fintech-startup-...
Fintech Startup Curve Raises $55M, Valuing the Company at a Quarter of a Billion Dollars
Several of Curve’s early stage investors such as Santander InnoVentures, Breega, Seedcamp and Speedinvest have also shown their confidence in Curve by participating again. Shachar Bialick, founder and CEO of Curve said, “While the challenger and traditional banks are busy fighting to win or retain new
Fintastico Team
2 months
https://financefeeds.com/fintech-picks-big-cash...
FinTech picks up the big cash again as $55 million series B round empowers Curve - FinanceFeeds
Shachar Bialick, CEO of Curve, considers this particular fintech company to have an advantage over others as it is a technology company and not a challenger bank.
Fintastico Team
2 months
https://www.bankingtech.com/2019/07/challenger-...
Challenger banks in France
BankingTech is exploring the challenger bank landscape in France considering their offerings and their technology.
Fintastico Team
2 months, 1 week
https://dailyfintech.com/2019/07/09/fintech-has...
Fintech has not created a level-playing field for small to mid-size banks
Temenos released in April its annual report[1] on the State of digital sales in banking. As I was reading some of the key findings reported by Jim Marous[2], I was struck by these observations: Mor…
Fintastico Team
2 months, 3 weeks
https://www.crowdfundinsider.com/2019/06/148823...
Fintech Unicorn & Stealth Bank TransferWise Launches Debit Mastercard in the U.S.
Fintech Unicorn and stealth bank Transferwise announced on Tuesday it has launched its debit Mastercard in the U.S. It was revealed that TransferWise debit Mastercard was built specifically for people 'without borders.' TransferWire further explained: 'The TransferWise debit Mastercard can be up to 4x cheaper
Fintastico Team
2 months, 3 weeks
https://bankinnovation.net/2019/06/with-debit-c...
With debit card expansion, TransferWise moves closer to challenger bank | Bank Innovation | Bank Innovation
Money-transfer startup TransferWise is expanding the reach of its multi-currency debit card and, in doing so, wading into bank territory. The company's
Fintastico Team
2 months, 3 weeks
https://bankinnovation.net/2019/06/cross-river-...
Cross River Bank acquires business-banking platform Seed | Bank Innovation | Bank Innovation
Fort Lee, N.J.-based Cross River Bank, a partner of large fintech companies like Affirm, Coinbase, Stripe and Transferwise, today acquired Seed, a startup that
Fintastico Team
2 months, 3 weeks
https://thefintechtimes.com/cross-border-payments/
Modern Technology for Cross-Border Payments | The Fintech Times
The modern world economy is characterised not only by positive trends, such as globalisation and increasing population mobility in Western countries.
Fintastico Team
2 months, 4 weeks
https://www.bankingtech.com/2019/06/gig-economy...
Insurtech Zego raises $42m for European expansion
The London-based firm will also double its workforce.
Fintastico Team
2 months, 4 weeks
https://www.coindesk.com/i-dont-trust-facebook-...
'I Don’t Trust Facebook With Anything:' The World Reacts to Facebook's Libra - CoinDesk
The world reacted to Facebook's Libra launch with fear, uncertainty, and jokes. Here are a few choice quotes.
Fintastico Team
3 months
https://www.cnbc.com/2019/06/18/amazon-and-goog...
How Amazon and Google are helping Western Union fight the multibillion-dollar fintech threat
Western Union has embraced the shift to digital transactions to help compete against the onslaught of rivals like TransferWise and WorldRemit, all vying for a piece of the $689 billion global remittance market.
Fintastico Team
3 months
https://www.businessinsider.com/zego-uk-insurte...
The UK fintech that aims to insure the gig economy just won more funding. Here's why one VC said he's 'doubled down again' on backing the startup.
"Insurtech" startup Zego has secured $42 million in series B funding to boost its European expansion. "It was a competitive funding round," says a VC.
Fintastico Team
3 months
https://www.crowdfundinsider.com/2019/06/148538...
Insurtech Zego Raises $42 Million Series B: Largest Ever for European Insurtech Startup
UK-based Insurtech Zego has closed on a $42 million Series B funding round which is said to be the largest ever for a European based Insurtech startup. In total, Zego has now raised $51 million. Zego says its company has grown over 900% in the
Fintastico Team
3 months
https://techcrunch.com/2019/06/17/cleo-meet-tri...
Cleo, the London-based fintech, has quietly taken debt financing from US-based TriplePoint Capital – TechCrunch
Cleo, the London-based “digital assistant” that wants to replace your banking apps, has quietly taken venture debt from U.S.-based TriplePoint Capital, according to a regulatory filing. The amount remains undisclosed, though I understand from sources that the figure is somewhere in the region of mi…
Fintastico Team
3 months
http://www.americanbanker.com/news/uk-challenge...
U.K. challenger bank Monzo aims for U.S. charter in broad stateside push
Monzo has been adding roughly 200,000 users a month in the U.K., and is hoping to replicate that success as it launches in the U.S.
Fintastico Team
3 months
https://www.computerweekly.com/blog/Fintech-mak...
Currencycloud takes the payments infrastructure: Fintech Interview 22 - Fintech makes the world go around
Currencycloud offers emerging fintechs make chiild's play of building a payments infrastructure
Fintastico Team
3 months, 1 week
https://thefintechtimes.com/international-digit...
International Digital Remittances to Reach $525 Billion by 2024, as Traditional Players Face Fintech Challenge | The Fintech Times
New data from Juniper Research has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019.
Fintastico Team
3 months, 1 week
https://www.crowdfundinsider.com/2019/06/148271...
London Tech on Track for Record Year of VC Investment
This is London Tech Week and the city is doing a bit of well-deserved chest pounding touting its innovation cred. In data compiled by London & Partners, the Mayor of London’s inward investment agency, venture capital investment into London is booming. In fact even while
Fintastico Team
3 months, 1 week
https://finance.yahoo.com/news/juniper-research...
Juniper Research: International Digital Remittances to Reach $525 Billion by 2024, as Traditional Players Face Fintech Challenge
New data from Juniper Research has found that international digital remittances will reach $525 billion by 2024, up from an estimated $332 in 2019. Meanwhile, blockchain-based payments have the potential to increase digital payments further, as the technology has a high possibility of disrupting
Fintastico Team
3 months, 1 week
https://www.altfi.com/article/5423_london-tech-...
London Tech Week: The Fintech Inside Track - AltFi Opinion
Russ Shaw, founder of Tech London Advocates, gives AltFi readers his take on what Fintech events not to miss at London Tech Week 2019.
Fintastico Team
3 months, 1 week
https://www.crowdfundinsider.com/2019/06/148215...
UK FinTech Alliance to Officially Launch Next Week
Announced in April by the UK Chancellor of the Exchequer Philip Hammond, the FinTech Alliance will officially launch next week at an event in London. A gathering is scheduled to take place on June 10th at the start of London Tech Week. A private party
Fintastico Team
3 months, 1 week
https://www.crowdfundinsider.com/2019/06/148215...
UK FinTech Alliance to Officially Launch Next Week
Announced in April by the UK Chancellor of the Exchequer Philip Hammond, the FinTech Alliance will officially launch next week at an event in London. A gathering is scheduled to take place on June 10th at the start of London Tech Week. A private party
Fintastico Team
3 months, 1 week
https://www.crowdfundinsider.com/2019/06/148175...
Finn No More. JPM's Bank App Finn Shuts Down, Migrates Users to Chase Mobile
Last year, in the month of June, with great fanfare JP Morgan Chase announced the launch of a 'fully digital banking experience Finn by Chase.' Today, Finn is dead. At the time of the launch, JPM Chase said the new-shiny iOS App would provide a
Fintastico Team
3 months, 2 weeks
https://www.crowdfundinsider.com/2019/06/147989...
Frente Corretora de Câmbio Wants to Become the Transferwise of Brazil by Using Ripple
Frente Corretora de Câmbio, a Brazilian money transfer and remittance platform, wants to become the 'Transferwise of Brazi' by leveraging Ripple to provide low-cost transfers. According to a report in Exame, Frente is the 15th largest currency brokerage in the country. Frente wants to be in
Fintastico Team
3 months, 2 weeks
https://www.etftrends.com/thematic-investing-ch...
When Will the FinTech Bubble Burst? | ETF Trends
Reading about FinTech unicorns and pizzas worth $80 million, you would think that the world was bubbling over with wealth.
Fintastico Team
3 months, 2 weeks
https://www.openaccessgovernment.org/impact-of-...
The impact of FinTech trends on different industries
In this article, Sergey Lypchenko discusses some essential elements that you should know in order to understand the complex impact of FinTech trends
Fintastico Team
3 months, 2 weeks
https://techcrunch.com/2019/05/30/yapily/
London fintech Yapily raises $5.4M to offer a single API to connect to banks – TechCrunch
Yapily, a London fintech startup that offers an Open Banking-based API platform to enable financial services providers and other types of enterprises, such as merchants, to connect to banks, has raised $5.4 million in seed funding. Leading the round is HV Holtzbrinck Ventures and LocalGlobe. Invest…
Fintastico Team
3 months, 2 weeks
https://www.finextra.com/newsarticle/33902/lond...
London fintech Yapily latest to benefit from Open Banking goldrush
The drive towards Open banking in Europe is creating an attractive environment for fintech fund raising, with London-based Yapily the latest to benefit, securing a £4.3 million seed round from King’s Cross-based venture capital firm Localglobe and HZ Holtzbrinck Ventures.
Fintastico Team
3 months, 2 weeks
https://www.worldfinance.com/markets/top-5-emer...
Top 5 emerging fintech hubs
Fintech companies are bringing disruption to all segments of finance, from payments to wealth management. A number of cities are poised to unlock business opportunities as a result of this transformation
Fintastico Team
3 months, 3 weeks
https://finance.yahoo.com/video/fintech-company...
Fintech company TransferWise CEO talks why unicorns are waiting to go public
Kristo Käärmann, CEO and co-founder of TransferWise, the company that ranked number 23 on CNBC's Disruptor 50 list, joins "Squawk Box" to discuss how the company hit a $3.5 billion valuation.
Fintastico Team
3 months, 3 weeks
https://www.crowdfundinsider.com/2019/05/147807...
IPO Fail: It's Better to Invest Early in Private Markets as Public Offerings are Too Often Just an Exit for Big Money
For years, there has been a discussion regarding the initial public offering (IPO) conundrum. Back in the day, smaller investors could join alongside institutional money to capture wealth in an IPO. Today, too frequently, that is simply not the case. The big money has been
Fintastico Team
3 months, 3 weeks
https://www.forbes.com/sites/jiawertz/2019/05/2...
3 Payment Innovation Trends That Will Evolve E-Commerce
E-commerce is growing rapidly, with worldwide sales anticipated to be $4 trillion in 2020. The evolution in e-commerce can be partially credited to the developments within financial technology. Let’s look at three Fintech trends that will continue to evolve the e-commerce industry.
Fintastico Team
3 months, 3 weeks
https://www.lendacademy.com/marketplace-lending...
Marketplace Lending News Roundup – May 25, 2019 - Lend Academy
During the week I share the latest marketplace lending and fintech news on Twitter as it happens. Then every Saturday I take the most interesting news items and blog posts from the past week and share them here. ‘We were willing to shock historical norms’: Otting on OCC’s makeover from American Banker – In a wide …
Fintastico Team
3 months, 3 weeks
https://sifted.eu/articles/transferwise-new-val...
Fintech startup Transferwise has turned employees into millionaires | Sifted
Hundreds of employees and alumni of fintech startup Transferwise sold shares to investors, giving them more than $70m to pour into new ventures.
Fintastico Team
3 months, 3 weeks
https://www.bankingtech.com/2019/05/top-fintech...
Top fintech stories this week – 24 May 2019
TransferWise just became even bigger, Nuvei Bidco acquires SafeCharge, and more!
Fintastico Team
3 months, 3 weeks
https://www.economist.com/finance-and-economics...
TransferWise becomes Europe’s most valuable fintech
The British cross-border payments firm hopes to turn banks into its clients
Fintastico Team
3 months, 3 weeks
https://www.crowdfundinsider.com/2019/05/147698...
UK Report: In 2018, 10% of All Equity Funding Went to Fintech Companies
The UK is a hotbed of Fintech innovation and a leading global hub of finance - both the analog and digital kind. Brexit has put this prominence in question as European barriers re-emerge. But between robust government support and a vibrant ecosystem which is well
Fintastico Team
3 months, 3 weeks
https://www.crowdfundinsider.com/2019/05/147698...
UK Report: In 2018, 10% of All Equity Funding Went to Fintech Companies
The UK is a hotbed of Fintech innovation and a leading global hub of finance - both the analog and digital kind. Brexit has put this prominence in question as European barriers re-emerge. But between robust government support and a vibrant ecosystem which is well
Fintastico Team
3 months, 3 weeks
https://www.crowdfundinsider.com/2019/05/147653...
Fintech Unicorn Transferwise Raises $292 Million at $3.5 Billion Valuation: No Need to Go Public as there is an Ocean of Private Capital
Fintech Unicorn and stealth bank Transferwise has raised $292 million at a valuation of $3.5 billion. According to multiple reports, Transferwise has doubled its valuation in contrast to its last funding round. The round was said to be over-subscribed. Transferwise last raised capital at a
Fintastico Team
3 months, 3 weeks
https://www.bankingtech.com/2019/05/transferwis...
TransferWise doubles its valuation to $3.5bn
International payments firm raised $292 million in secondary funding.
Fintastico Team
3 months, 3 weeks
https://www.businessinsider.com/transferwise-fi...
TransferWise was just valued at $3.5 billion in a Silicon Valley-style deal that shows why Europe's tech scene is maturing fast
TransferWise is now one of Europe's five biggest unicorns with a $3.5 billion valuation following a $292 million secondary round.
Fintastico Team
3 months, 3 weeks
https://www.finextra.com/newsarticle/33864/tran...
TransferWise doubles valuation to $3.5 billion as early investors cash in
TransferWise has raised $292 million in a secondary share sale which values the money transfer startup at $3.5 billion.
Fintastico Team
3 months, 3 weeks
https://www.financemagnates.com/fintech/payment...
TransferWise Becomes Largest Fintech in Europe | Finance Magnates
TransferWise has surpassed OakNorth to become the largest fintech in Europe, valued at over $3.5 billion
Fintastico Team
3 months, 3 weeks
https://dailyfintech.com/2019/05/22/the-billion...
The billion dollar opportunity for fintechs who serve global citizens
Australia is sometimes colloquially labelled as the world’s biggest island. While some might view this from a geographical stand point, it can often be meant more in the intellectual sense. It’s no…
Fintastico Team
3 months, 3 weeks
https://www.financemagnates.com/fintech/payment...
TransferWise Becomes Largest Fintech in Europe | Finance Magnates
TransferWise has surpassed OakNorth to become the largest fintech in Europe, valued at over $3.5 billion
Fintastico Team
4 months
https://150sec.com/where-is-the-post-brexit-fin...
Where is the post-Brexit fintech promised land? - 150sec
Amsterdam, Luxembourg, Tallinn: Here are three places that stand out for offering exceptional opportunities in fintech.
Fintastico Team
4 months
https://sifted.eu/articles/fintech-gig-workers/
Fintech for gig workers is the next big untapped market - Sifted
Meet the startups that are helping financially "untouchable" independent workers get access to loans and insurance.
Fintastico Team
4 months, 1 week
https://www.finextra.com/pressarticle/78300/tra...
TransferGo adds another $3.4 million to Serie4s B funding round
L39 member and money transfer platform TransferGo has added $3.4m (£2.6m) to its $17.5m series B funding round.
Fintastico Team
4 months, 2 weeks
https://www.bankingtech.com/2019/05/checkout-co...
Checkout.com rings up Europe’s largest ever fintech Series A round
The London-based company now eyes further global expansion.
Fintastico Team
4 months, 2 weeks
https://www.finextra.com/newsarticle/33767/chec...
Checkout.com raises $230 million
London-based payment processor Checkout.com has raised $230 million in Europe's largest-ever Series A funding round.
Fintastico Team
4 months, 2 weeks
https://www.crowdfundinsider.com/2019/05/147020...
AI Fintech Chatbox Plum Secures $4.5 Million Investment; Surpasses 400,000 Users & Launches on iOS
Plum, an artificial intelligence (AI) chatbot for personal finance, announced on Thursday it has achieved 433% user growth in one year, growing from 75,000 to 400,000 users, and has attracted a $4.5 million investment that brings total investment in the firm to $6.3 million. The
Fintastico Team
4 months, 2 weeks
https://www.crowdfundinsider.com/2019/05/146994...
At £3.8 Million, Dozens is Seedrs Largest Raise in 2019
Stealth bank Dozens has closed their crowdfunding round on Seedrs having raised £3.815 million (about $5 million) at a pre-money valuation of £20 million. Dozens had sought a minimum raise of £3.5 million. According to a release, 2,156 investors from 42 different countries invested in
Fintastico Team
4 months, 2 weeks
https://www.bankingtech.com/2019/04/dit-pilots-...
DIT pilots to support UK fintech international expansion
Two bridge pilot programmes with Australia and Hong Kong.
Fintastico Team
4 months, 3 weeks
https://www.bankingtech.com/2019/04/stripe-acqu...
Stripe acquires Touchtech Payments for SCA compliance
The Irish firm specialises in security for online payments.
Fintastico Team
4 months, 3 weeks
https://www.ccn.com/jpmorgan-blockchain-payment...
JPMorgan Plots Blockchain Payments to Fight Transferwise, Ripple Threat
By CCN.com: Wall Street firm JPMorgan has a plan to save the banking industry’s lucrative cross-border payments business from alternatives such as Bitcoin and fintechs such as Ripple and TransferWise – expand the use cases
Fintastico Team
4 months, 3 weeks
http://www.americanbanker.com/morning-scan/bank...
Banks seek looser hiring rules; PayPal eyes Venmo for credit card
Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.
Fintastico Team
4 months, 3 weeks
https://www.coindesk.com/jpmorgan-expanding-blo...
JPMorgan Expanding Blockchain Project With 220 Banks to Include Payments - CoinDesk
Investment bank JPMorgan is reportedly expanding an existing blockchain platform with hundreds of banking members to include settlement.
Fintastico Team
5 months
https://www.crowdfundinsider.com/2019/04/146496...
Stripe Announces Acquisition of TouchTech Payments to Accelerate Strong Customer Authentication For Financial Institutions
Payments platform Stripe announced on Wednesday it has acquired Ireland-based Touchtech Payments, a software company, to accelerate Strong Customer Authentication (SCA) for financial institutions. According to Stripe, TouchTech Payments provides advanced SCA-ready authentication technology for some of Europe’s leading fintechs and challenger banks, like N26,
Fintastico Team
5 months
https://www.finextra.com/newsarticle/33706/stri...
Stripe buys Touchtech ahead of new EU online authentication rules
Stripe is gearing up for new EU-wide ecommerce transaction authentication rules by buying Irish biometrics specialist Touchtech Payments. Terms of the deal were not disclosed.
Fintastico Team
5 months
https://www.bankingtech.com/2019/04/digital-dis...
Digital disruption: how Estonia leads the way to our future digital economy
Digitising processes saves Estonia 2% of its GDP a year in salaries and expenses, and shows how e-government can create an economically vibrant and dynamic society.
Fintastico Team
5 months, 1 week
https://www.finextra.com/blogposting/17099/open...
Opening Up the Walled Gardens of Domestic Payments
Domestic Payment Interoperability – A Fading Prospect Cross-border interoperability of domestic real...
Fintastico Team
5 months, 3 weeks
https://www.finextra.com/newsarticle/33600/new-...
New York Fed launches fintech advisory group
The Federal Reserve Bank of New York has set up a fintech advisory group, bringing together expertise from the worlds of financial services, technology, academia and non-profits.
Fintastico Team
6 months
https://www.crowdfundinsider.com/2019/03/145592...
Galileo Posts 88% Run Rate Increase in 2018
Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday its significant growth and an expanded portfolio of payments and cash management solutions that increase business opportunities for its clients. Galileo reported its client base grew 34 percent and the company's number of employees increased
Fintastico Team
6 months, 1 week
https://www.finextra.com/blogposting/16785/the-...
The battle for real-time payments dominance in the U.S.
Since Fed catalysed the private sector to deliver real-time payment capabilities, there has been adv...
Fintastico Team
6 months, 2 weeks
https://www.finextra.com/pressarticle/77461/lon...
London crowned Unicorn capital of Europe
London is top choice for international scale-up businesses, according to latest data compiled by London & Partners, showing that the UK capital is Europe’s number one tech hub for unicorn companies and attracted more foreign direct investment (FDI) than any other city in 2018.
Fintastico Team
6 months, 2 weeks
https://www.crowdfundinsider.com/2019/02/144968...
Innovate Finance Publishes Women in FinTech Powerlist 2018: Leading the Way
Innovate Finance, the independent industry body for UK Fintech, published its Women FinTech Powerlist. Launched in 2015, the Women in FinTech Powerlist has increasingly attracted a global audience, resulting in an unprecedented volume of applications and nominations this year from around the world. The 2018 iteration
Fintastico Team
6 months, 3 weeks
https://www.crowdfundinsider.com/2019/02/144947...
N26 Set to Open New Office in Brazil
Germany-based challenger bank N26 is reportedly set to open a new office in Brazil at the beginning of March. The news comes less than two months after N26 secured $300 million through its Series D funding round, which was led by venture capital and private equity firm Insight
Fintastico Team
7 months
https://www.finextra.com/blogposting/16686/real...
Real time payments significant impact on Financial Services
As real-time payment rails expand geographically, there’s an underlying infrastructure that allows p...
Fintastico Team
7 months, 1 week
https://www.crowdfundinsider.com/2019/02/144373...
TransferWise Lowers their Rates. Can Banks Ever Compete?
Fintech unicorn and stealth bank TransferWise is dropping their rates even lower. According to an email distributed by the UK based Fintech, fees for transfering currency are going down. Using the process of transferring dollars to euros, TransferWise cited the following example: Transfer USD $700 via bank ACH:
Fintastico Team
7 months, 1 week
https://www.finextra.com/blogposting/16633/digi...
Digital Banks - Business Models
Amongst the multitude of digital-only banks that emerged recently in Europe, the big five (Monzo, N2...
Fintastico Team
7 months, 2 weeks
https://www.finextra.com/pressarticle/77170/cur...
Curve unveils metal card
Curve, the smart card that lets users keep all their credit and debit cards on a single card, has unveiled the world’s first metal ‘all your cards in one’ card that opens a world of exclusive benefits tailored to meet the needs of the “Experience Generation”.
Fintastico Team
7 months, 2 weeks
https://www.crowdfundinsider.com/2019/01/143925...
N26 Launches Subscription-Based Premium Current Account “Black”
Germany-based challenger bank N26 announced earlier this week the launch of its new subscription-based current account, Black. This news comes days after N26 celebrated its fourth birthday and weeks after the company successfully secured $300 million through its Series D funding round, which was led by venture capital and
Fintastico Team
7 months, 2 weeks
https://www.finextra.com/blogposting/16600/digi...
Digital Banks - Value Propositions
There is little doubt that mobile is an increasingly popular channel to manage finances as 2018 saw ...
Fintastico Team
8 months, 1 week
https://www.finextra.com/newsarticle/33191/tran...
TransferWise opens Belgian office ahead of Brexit
London-based fintech unicorn TransferWise is applying for a money transfer license in Brussels as it seeks to guard against disruption in the event of a no-deal Brexit.
Fintastico Team
8 months, 1 week
https://www.crowdfundinsider.com/2019/01/143166...
N26 Secures $300 Million Through Series D Funding Round Led By Insight Venture Partners
Germany-based challenger bank N26 announced on Wednesday it secured $300 million through its Series D funding round, which was led by venture capital and private equity firm Insight Venture Partners, withparticipation from GIC, Singapore’s sovereign wealth fund, and several existing investors. The company reported the funds have
Fintastico Team
8 months, 1 week
https://www.crowdfundinsider.com/2019/01/143087...
Monzo Looks Back on 2018 Successes & Announces 2019 Goals
Just days after ringing in the new year, UK challenger bank Monzo took a look back at all of its successes throughout 2018. The fintech unicorn hit various milestones throughout the past twelve months, including quickly securing £20 million through its most recent crowdfunding round and
Fintastico Team
8 months, 1 week
https://www.finextra.com/blogposting/16504/five...
Five Customer Experience Trends That Will Lead The Banking Transformation in 2019 and Beyond
It can be a major challenge to adapt a financial company to the fast-paced digital world. For some, ...
Fintastico Team
8 months, 3 weeks
https://www.ccn.com/visa-acquires-ripple-partne...
Visa Acquires Ripple Partner Earthport For $250 Million
Credit card giant Visa Inc. is acquiring British payments firm Earthport for $250.6 million. Earthport — which provides cross-border payment services to banks and businesses — has been partners with Ripple, the blockchain-based payment network, since 2015. Under the
Fintastico Team
10 months
https://www.finextra.com/newsarticle/32954/tran...
TransferWise revamps business account
TransferWise has revamped its overseas business account to include a debit card, integration with accounting platform Xero and an API for the development of third party payment automation applications.
Fintastico Team
10 months, 1 week
https://nulltx.com/can-i-use-transferwises-bord...
Can I Use TransferWise's Borderless Account to Buy and Sell Bitcoin? - NullTX
Cryptocurrency users are always looking for convenient solutions when dealing with exchanges. Unfortunately, there are numerous banks preventing users from buying or selling cryptocurrencies in this day and age. That makes the service provided by TransferWise interesting, a sit provides personalized bank details for users. The TransferWise Bank Account Concept A little while ago, TransferWise …
Fintastico Team
10 months, 1 week
https://www.finextra.com/pressarticle/76312/nat...
NatWest leads TransferWise’s £65 million syndicated debt facility
TransferWise, a financial company for people who travel, live and work internationally, has completed a £65 million syndicated debt facility with NatWest, JP Morgan and LHV Bank to support the increasing requirements of its growing international customer base.
Fintastico Team
10 months, 1 week
https://www.crowdfundinsider.com/2018/11/141003...
N26 Expansion: German Challenger Bank Brings Services to Denmark, Norway, Poland, & Sweden
Germany-based challenger bank N26 is bringing its services to Denmark, Norway, Poland, and Sweden. This news comes just weeks after the fintech officially launched in the UK. As previously reported, N26 was founded in 2013 and stated it has redesigned banking to make it simple, fast and contemporary.
Fintastico Team
10 months, 2 weeks
https://www.finextra.com/newsarticle/32892/jpmo...
JPMorgan's Interbank Information Network now encompasses more than 100 banks
The number of banks joining JPMorgan's blockchain-based Interbank Information Network (IIN) has grown to over 100, addressing cross-border payments in every major market, including Latin America, Asia, Europe, the Middle East and Africa.
Fintastico Team
10 months, 2 weeks
https://www.finextra.com/newsarticle/32900/dutc...
Dutch digital bank bunq teams up with TransferWise
Dutch challenger bank bunq has teamed up with TransferWise to let its customers make fast, low-cost international payments.
Fintastico Team
10 months, 2 weeks
https://dailyfintech.com/2018/11/03/we-are-abou...
We are about to enter the Cambrian explosion era of Security Token platforms
This post is written by Sheldon Freedman, a fintech and funds lawyer at Hassans in Gibraltar. Security Tokens is a big, complex subject that requires legal, technical and commercial knowledge. We …
Fintastico Team
10 months, 3 weeks
https://www.finextra.com/blogposting/16225/why-...
Why Don’t Money Transfer Rates Matter as Much as Credibility in the Industry?
One of the first lessons that people learn in the financial industry is that credibility counts. Whi...
Fintastico Team
10 months, 3 weeks
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
London Fintech Firm Yoyo Wins $30m Funding Round — Red Herring
Yoyo, a British mobile payments and loyalty platform, has won $30 million from fintech investor Hard Yaka. The London-based startup, founded in 2013 by Michael Rolphe, David Nicholson and Alain Falys, will…
Fintastico Team
10 months, 4 weeks
https://cointelegraph.com/news/use-of-blockchai...
Use of Blockchain in Major Industries by Numbers: Retail, Manufacturing, Finance, and Others
The value of blockchain technology in leading markets has grown rapidly over the past 12 months.
Fintastico Team
11 months
https://www.finextra.com/blogposting/16166/bank...
Bank of England, the main roadblock to opening up UK payments
We learned on Thursday 18th October 2018, at the launch event of Pay.uk, that any renewal of the UK'...
Fintastico Team
11 months
https://www.crowdfundinsider.com/2018/10/140257...
Coinfloor Bitcoin Exchange Newly DLT-Licensed in Gibraltar
According to the GFSC, Gibraltar “is committed to being a sound and safe place to do business with and is considering a complementary regulatory framework covering the promotion and sale of tokens, aligned with the DLT framework.” As expected, crypto platforms are taking advantage the
Fintastico Team
11 months
https://www.crowdfundinsider.com/2018/10/140257...
Coinfloor Bitcoin Exchange Newly DLT-Licensed in Gibraltar
According to the GFSC, Gibraltar “is committed to being a sound and safe place to do business with and is considering a complementary regulatory framework covering the promotion and sale of tokens, aligned with the DLT framework.” As expected, crypto platforms are taking advantage the
Fintastico Team
11 months
https://www.ccn.com/194-million-was-moved-using...
$194 Million was Moved Using Bitcoin With $0.1 Fee, Potential of Crypto
On October 16, an investor moved 29,999 Bitcoin (BTC) worth $194 million with a $0.1 fee, which with banks cost tens of thousands of dollars.
Fintastico Team
11 months
https://www.finextra.com/pressarticle/75875/lvh...
LVH selects Form3 for connection to Faster Payments
Form3, the cloud technology provider of Payments-as-a-Service for banks and regulated fintechs, today announced that LHV Bank has selected Form3 to provide a fully managed service connecting the bank directly to the UK Faster Payments infrastructure.
Fintastico Team
11 months, 1 week
https://nulltx.com/u-ks-oldest-bitcoin-exchange...
U.K’s Oldest Bitcoin Exchange Lays Off Most Of Its Workers, Blames Bearish Market - NullTX
When the prices of cryptos skyrocketed in 2017, hundreds of crypto exchanges sprung up as the number of people interested in trading cryptos shot up. However, the market has cooled off significantly, Bitcoin is trading at a third of its December high price and the exchanges are feeling the heat. U.K’s oldest crypto exchange Coinfloor …
Nadia Nolan
11 months, 1 week
https://sdk.finance/how-to-choose-a-payment-api-for-p2p-transfers/
Fintastico Team
11 months, 1 week
https://www.ccn.com/while-major-crypto-exchange...
While Major Crypto Exchanges Flourish, Minor Platforms Struggle
While major cryptocurrency exchanges are seeing their businesses flourish, minor exchanges are struggling in the bear market.
Fintastico Team
11 months, 1 week
https://www.ccn.com/london-cryptocurrency-excha...
London Cryptocurrency Exchange Coinfloor Confirms Layoffs
Coinfloor, the oldest bitcoin exchange in the U.K., will lay of most of its 40 employees, according to two sources interviewed by the Financial News.
Fintastico Team
11 months, 2 weeks
https://thefintechtimes.com/nordigen-secures-fu...
Nordigen Secures $1 Million in Funding After the Last Round from Seedcamp and Inventure | The Fintech Times
Legacy traditions are being replaced with more customer friendly solutions, credit bureaus are next in line for disruption.
Fintastico Team
11 months, 2 weeks
https://www.crowdfundinsider.com/2018/10/139777...
German Challenger Bank N26 Announces UK Expansion
Germany-based challenger bank N26 has officially launched in the UK! the fintech reportedly issued its first British accounts on Thursday. The launch of the UK accounts comes just a few months after N26 announced it serves more than one million customers across the European continent and
Fintastico Team
11 months, 2 weeks
https://www.crowdfundinsider.com/2018/10/139765...
TransferGo Offers 'Free' International Money Transfers, Preps for Upcoming Seedrs Campaign
No fees for international transfer? Global remittance company TransferGo has reportedly launched the first 'completely free' international money transfer service. Customers may transfer money around the world at 'absolutely no cost', averred the platform; in lieu of fees, the money transfer will be offered at the mid-market
Fintastico Team
11 months, 2 weeks
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
11 months, 2 weeks
https://cointelegraph.com/news/wallet-provider-...
Wallet Provider Blockchain.com Makes LinkedIn’s 2018 Top 25 UK Startup List
Nicolas Cary’s Blockchain.com wallet service has come in ninth place in this year’s Top 25 startups list by LinkedIn.
Fintastico Team
11 months, 3 weeks
https://www.finextra.com/newsarticle/32695/jpmo...
JPMorgan blockchain project recruits 70+ banks
An interbank blockchain project led by JPMorgan designed to speed up the exceptions process has recruited more than 70 banks in a move that would make it one of the largest application of distributed ledger technology (DLT) by regulated banks.
Fintastico Team
11 months, 3 weeks
https://www.finextra.com/pressarticle/75545/nor...
Nordigen scores fundining to disrupt credit bureaus
European success story Nordigen aims to disrupt credit bureaus and help creditworthy people get access to loans. Their algorithms have already analysed close to 1 billion transactions to date.
Fintastico Team
11 months, 3 weeks
https://www.finextra.com/blogposting/16027/why-...
Why Corporate Banks should be embracing AI and Machine Learning
With Fintechs and other challengers threatening to pick off the most profitable parts of Corporate B...
Fintastico Team
12 months
https://www.finextra.com/newsarticle/32689/pers...
Personal finance bot Cleo raises $10m
British AI-based personal finance chatbot Cleo is set to start offering its own financial products after raising $10 million in a Series A funding round led by Balderton Capital.
Fintastico Team
1 year
https://www.crowdfundinsider.com/2018/09/138880...
TransferWise Reports Second Year of Profit & Revenue Almost Doubling
Fintech unicorn, TransferWise, announced on Monday its yearly report, which indicated some growth and development for the money transfer service platform. Founded in 2011, TransferWise is on a mission to provide a positive, irreversible change in the world of finance. It claims to be the fairest, easiest
Fintastico Team
1 year
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year
https://www.finextra.com/pressarticle/75335/tra...
TransferWise reports second year of profit
Annual revenue at TransferWise grew by over 75% in the last financial year to £117 million, the company announced.
Fintastico Team
1 year
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year, 1 month
https://www.finextra.com/blogposting/15643/the-...
The Only Way for Banking to Survive Digital Disruption Is an Experience Mindset Implementation
We are witnessing how digital technology disrupts the financial industry. Placing the focus on custo...
Fintastico Team
1 year, 1 month
https://www.finextra.com/pressarticle/75035/val...
Fintastico Team
1 year, 1 month
https://www.crowdfundinsider.com/2018/08/137485...
Fintastico Team
1 year, 1 month
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Fintastico Team
1 year, 1 month
http://news.google.com/news/url?sa=t&fd=R&ct2=u...
Andrea M
1 year, 4 months
https://www.finextra.com/newsarticle/32008/tran...
TransferWise launches multi-country bank account
TransferWise has launched its 'borderless' multi-country bank account and debit card, enabling customers to easily manage their money between countries.
Fabrizio Villani
1 year, 10 months
TransferWise raised $280m in series E funding. The round, which includes secondary investments, was led by Old Mutual Global Investors and IVP with participation from Sapphire Ventures, Mitsui & Co, Ltd, and World Innovation Lab as well as existing investors Richard Branson, Andreessen Horowitz, and Baillie Gifford. The company, which has raised $397m in total funding, intends to use the funds to continue to expand globally, with a particular focus on Asia-Pacific and Latin American regions, including launching its service in India and Argentina.
Fabrizio Villani
2 years, 11 months
http://uk.businessinsider.com/transferwise-adds...
TransferWise adds business-to-business transfers
This story was delivered to BI Intelligence...