Category: digital currencies
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Neo Financial Lands $145 Million to Build its Canadian Challenger Bank
Canada’s Neo Financial closed $145 million ($185 million CAD) in funding. The round brings the three-year-old company’s total funding to almost $240 million ($299 CAD) and boosts its valuation past $785 million ($1 billion CAD). Neo is now one of only a few Alberta-based tech companies to become a unicorn. Canada-based Neo Financial’s newest funding…
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Meet the Startups: Investor Meetings at FinovateSpring This Month
New to FinovateSpring this year, we’re connecting startups raising early-stage capital with investors who can make it happen. And there’s still room at the table. If you’re a startup raising pre-seed/seed/series A funding, apply now. Interested investors should reach out to Heather Stowell. To shed a little more light on our Advanced Startup Booster program…
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Fintech’s Role in Retail Investing’s Knowledge Gap
In a world full of inequalities, it is no surprise to see an imbalance when it comes to finances, and investing in particular. For more insight into this industry conundrum, we spoke with Rukayyat Kolawole, CFA. Kolawole is familiar with inequities in the financial world, given her role as Founder and CEO of PaceUP Invest,…
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Mobile bank N26 increases app store releases by 200%
Mobile bank N26 reduced its app build and testing times significantly after moving to a cloud-based platform that helps automate aspects of mobile app development. The Berlin-based bank’s development team increased app store releases by 200% while decreasing testing time by 80% and build times by 50%, Dama Damjanovic, principal engineer at N26, told Bank…
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Cryptocurrency Accounting Company Tactic Secures $2.6 Million in Seed Funding
Cryptocurrency accounting firm Tactic raised $2.6 million in funding. Leading the investment round were Founders Fund and finance automation company Ramp. The new capital will help the company add talent and continue to build out its platform. With more and more companies seeking to diversify their finances with cryptocurrencies, a new U.S.-based startup has arrived…
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FinovateSpring 2022 Sneak Peek: Lendisoft
A look at the companies demoing at FinovateSpring in San Francisco on May 18 and 19. Register today and save your spot. Lendisoft transforms the end-to-end loan management process with a SaaS suite integrating risk management and compliance IQ. Machine learning and AI automation result in workflow and performance differentiation. Features Workflow and process design with integrated…
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Crypto ATM Market Set to Hit $3557.05millon by 2030 Despite Recent Stagnation
Cryptocurrencies’ rising popularity has seen the use of crypto ATM’s grow as a consequence, however, this has recently stagnated according to cryptomonday. The blockchain community found that at the beginning of the year, the net change dropped by 14.3 per cent to 1,687 ATMs from December 2021’s high of 1,969 ATMs, and is yet to…
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FinovateSpring 2022 Sneak Peek: Pendo
A look at the companies demoing at FinovateSpring in San Francisco on May 18 and 19. Register today and save your spot. Pendo’s product experience and digital adoption solutions help companies become product-led and deliver digital experiences users love. Features Pendo Adopt includes: Behavioral analytics In-app messaging and guides Actionable feedback Why it’s great Pendo Adopt can…
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FinovateSpring 2022 Sneak Peek: Hawk:AI
A look at the companies demoing at FinovateSpring in San Francisco on May 18 and 19. Register today and save your spot. Hawk:AI’s AI-based, real-time AML and fraud surveillance detects patterns that purely rule-based systems miss. Features AI is explainable and auditable Allows users to detect and prevent financial crime faster One interface for maximum efficiency Why…
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FinovateSpring 2022 Sneak Peek: tuo
A look at the companies demoing at FinovateSpring in San Francisco on May 18 and 19. Register today and save your spot. Tuo is a leading alternative data credit services company that creates industry-leading credit underwriting and servicing solutions to truly support the underbanked. Features Increase credit application conversions with the white-label Tuo Credit Builder that allows…
