VC investment in the US strong in Q2’19, reaching $31.5 billion on 2,338 dealsDeal value robust Americas and Europe but Asia remains on hold NEW YORK, July 11, 2019 /PRNewswire/ — Overall venture capital investment held steady in the second quarter of 2019, reaching $52.7 billion globally. US and European investment remained relatively robust, however, investment in Asia was weak for the […]
Major enterprise contract management service Icertis will collaborate with Microsoft to expand its blockchain-based contract solution, the company announced on June 11. By entering the collaboration, Microsoft will help Icertis to extend its Icertis Blockchain Framework, which is designed to enhance the transparency and efficiency of contractual frameworks using smart contracts technology. The Icertis Blockchain Framework offers a blockchain-powered solution to track contractual requirements and […]
Funding to advance product development and partnerships with industry-leading banks NEW YORK — Extend has announced its $11 million Series A financing. Extend’s platform enables frictionless virtual credit card issuance for banks, corporations, and other startups. The round was led by Point72 Ventures and FinTech Collective, with additional participation from Reciprocal Ventures and strategic partner […]
Standard Chartered announced that its venture unit, SC Ventures, has created a market-first platform, called SC Ventures Fintech Bridge, to connect community builders such as start-ups, investors and accelerators to the bank. Through the platform, parties can propose solutions to the challenges posted by the bank’s business units and request for investments. Funding is also guaranteed […]
MANILA, Philippines and ARMONK, N.Y., Jan. 23, 2019 /PRNewswire/ — IBM (NYSE: IBM) and the Bank of the Philippine Islands (BPI), a universal bank headquartered in Manila, have signed a $260M, multi-year services agreement. IBM will provide IT infrastructure services to support an agile IT and hybrid cloud, as well as digital development capabilities to accelerate […]
Dubai International Financial Centre (DIFC) has signed a memorandum of understanding (MoU) with Innovate Finance to cement cooperation and collaboration between the UK and Dubai FinTech ecosystems. Arif Amiri, chief executive officer of DIFC Authority, and Natalie Ceeney, chair of Innovate Finance at the UAE Embassy in London, signed the MoU. The latest signing builds […]
U.S. Credit Unions Select NCR’s Digital Insight™ Solutions to Improve Digital Banking. California, Texas and Arizona-based financial institutions team with NCR on online & digital banking ATLANTA – NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions, today announced that three community financial institutions (CFIs) – California-based Parsons Federal Credit Union, Texas-based Educators Credit Union, and Arizona-based AERO Federal […]
30 early-stage international startups will be mentored by corporate leaders to uncover creative payments solutions that can be nimbly executed in a Fortune 500 environment DENVER — The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement, and Techstars, a worldwide network that helps entrepreneurs succeed, have come together to spur […]
NEW YORK — Barclays is pleased to announce the ten companies that will participate in the 2018 New York Barclays Accelerator, powered by Techstars – an intensive program for Financial Technology (FinTech) startups designed to help businesses accelerate their strategy and deliver breakthrough innovations. “This year’s New York program received an incredible response, with a […]
FinTechs in Europe first to take advantage of new fast-track Visa program Enables simple, rapid onboarding for start-ups in as little as four weeks $100m investment program will support development of European FinTech solutions Visa partnering with Europe-based innovators Contis, EVRY, Jaja, Revolut, Wirecard AMSTERDAM–(BUSINESS WIRE)– Visa (NYSE: V) today announced two new programs designed […]