Financial Technology

Nubank raises USD 400 million in a new investment round led by TCV

SAO PAULO, July 27, 2019 /PRNewswire/ -- Nubank, the leader in financial technology inLatin America, today announced it has raised $ 400 million in its Series F investment round. The round was led by TCV, one of the largest growth equity firms based in the U.S., and marks TCV's first significant ...

2019-07-27 02:57 1722

Virtual banks to shake up the competition in Hong Kong's banking landscape, finds KPMG's Hong Kong Banking Report 2019

HONG KONG, July 26, 2019 /PRNewswire/ -- Hong Kong is set to witness the launch of its first virtual banks following the recent issuance of eight licences by the Hong Kong Monetary Authority (HKMA). These new players are expected to broaden the selection of banking options, foster innovation and ...

2019-07-26 16:36 1944

LexinFintech Wins The Asian Banker Award for Best Lending Technology in China

BEIJING, July 26, 2019 /PRNewswire/ -- LexinFintech Holdings Ltd. ("Lexin") (NASDAQ: LX), a leading fintech platform for educated young adults in China, has been awarded the Best Lending Technology Initiative, Application or Programme inChina by The Asian Banker, whose awards are seen as undisput...

2019-07-26 16:28 9646

Vietnam's first and largest P2P lending platform - VayMuon.vn announces the close of seed round funding

HANOI, Vietnam, July 26, 2019 /PRNewswire/ -- Aiming to target customers who are underserved by banks and financial institutions, for the past 2 years, VayMuon.vn has been delivering a secure and convenient approach to personal financing services. For the first time in the history of credit servi...

2019-07-26 12:35 1584

Cbus Selects Matrix to Power Investment Data Management

SYDNEY, LONDON and NEW YORK, July 25, 2019 /PRNewswire/ -- Matrix, a leading solution provider to asset owners and managers, is delighted to announce Australian-based Cbus as a new customer. Cbus will use Matrix's proven investment management software to aggregate and analyze investment data from...

2019-07-25 21:53 1262

Non-compliance Due to Market Capitalization and Stockholders' Equity Levels

SHANGHAI, July 25, 2019 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) (the "Company") today announced that it had received a letter from the New York Stock Exchange (the "NYSE") notifying it that the Company was not in compliance with the NYSE's continued listing standards because, as o...

2019-07-25 20:00 9433

Clinc Applauded by Frost & Sullivan for Its Innovative Platform that Delivers Truly Conversational AI

By training on free form dialogue for flexible context, Clinc's AI can understand passages and phrasing it has not heard before SANTA CLARA, California, July 25, 2019 /PRNewswire/ -- Based on its recent analysis of the North American Artificial Intelligence (AI) for FinTech market, Frost & Sulli...

2019-07-25 20:00 1706

Qianze "BDAI Seminar" successfully held at Sun Yat-sen University

GUANGZHOU, China, July 24, 2019 /PRNewswire/ -- 13 July Guangzhou, Qianze Asset Management Limited, a Chinese investment firm specializing in artificial intelligence (AI) based trading strategies held its inaugural BDAI seminar at the Sun Yat-Sen University last Saturday. The seminar, which was a...

2019-07-24 10:35 1731

Turkey's Leading New Generation Payments Platform ininal Partners With Visa to Enable Greater Financial Inclusion for Customers

ISTANBUL, July 23, 2019 /PRNewswire/ -- ininal, the new generation payments platform, announced a new partnership with Visa, enabling the FinTech to issue prepaid Visa cards to its3 million customers. ininal customers will be able to use the new redesigned cards in stores and online at any of the...

2019-07-23 22:56 1522

Firstrade Commission-Free Trading App Now Available for Android Users

NEW YORK, July 23, 2019 /PRNewswire/ -- An Android version of Firstrade's completely redesigned trading app is now available and gives investors access to a full investment product line right from their smartphone. Designed and rebuilt for both new and experienced investors, Firstrade's app virtu...

2019-07-23 21:00 1361

Continued Momentum for Euroclear Group in First Half 2019 Financial and Operational Performance

BRUSSELS, July 23, 2019 /PRNewswire/ -- Financial Highlights * Operating income increased 8% compared to H1 2018, to EUR 725 million: * Business Income rose 4% to EUR 565 million, driven by continued growth in assets under custody combined with strong market activity levels across business ...

2019-07-23 14:00 1727

Vymo Wins Ocean of Opportunities CRM Track for Enhancing Customer Relationships and Mobilizing Sales Force

AI-enabled Mobile Personal Assistant lends greater visibility into customer engagement and improves operational efficiency SINGAPORE, July 23, 2019 /PRNewswire/ -- Vymo (www.getvymo.com ), a New York-based next-generation CRM startup, that uses mobility and intelligence ...

2019-07-23 09:00 1529

ThetaRay 4.0 With IntuitiveAI Gives Banks a Powerful New Weapon Against Financial Cybercrime

NEW YORK, July 23, 2019 /PRNewswire/ -- ThetaRay, a leading provider of AI-based Big Data analytics, today announced Version 4.0 of the company's namesake advanced analytics platform. The update includes major capability upgrades to help global banks detect and prevent financial cybercrime. Thet...

2019-07-23 08:00 1521

Jollychic Obtains Online Payment License for Jollypay, Becoming One of the First in the UAE

ABU DHABI, United Arab Emirates, July 19, 2019 /PRNewswire/ -- The online payment platform Jollypay has been licensed to conduct online payment in the United Arab Emirates (UAE), becoming one of the first foreign companies to have a license of this kind in the UAE. As a significant part of Jollyc...

2019-07-19 22:27 1951

Lufax Introduces "Know Your Intention"

SHENZHEN, China, July 19, 2019 /PRNewswire/ -- At Ping An Group's inaugural Smart Ecosystem Conference, Lufax introduced a Know Your Intention (KYI) module to its intelligent wealth management interface. Built upon Natural Language Understanding (NLU) and look-alike modeling, Lufax's KYI is able...

2019-07-19 19:35 2237

Building The Bridge Between SMEs And Financing

SINGAPORE, July 19, 2019 /PRNewswire/ -- As the most well-funded peer-to-peer lending platform in SEA, Funding Societies provides business financing to small and medium-sized enterprises (SMEs) which is crowdfunded by retail and institutional investors, as well as high-net-worth individuals. Sin...

2019-07-19 14:35 2480

CapBridge Partners Hana Financial Investment to Extend Footprint in South Korea

SINGAPORE, July 18, 2019 /PRNewswire/ -- Global private capital platform CapBridge Pte Ltd ("CapBridge") today announced a strategic business partnership with Hana Financial Investment Company Limited ("HFI"), a member of Hana Financial Group, one of the largest bank holding companies inSouth Kor...

2019-07-18 14:21 1785

nCino Appoints Andrew Carriline as Strategic Advisor

Westpac veteran joins nCino in key advisory role to fuel next phase of Company's growth, expansion across theAsia Pacific region SYDNEY, July 17, 2019 /PRNewswire/ -- nCino, the worldwide leader in cloud banking, today announced that it has appointed Andrew Carriline as Regional Strategic Adviso...

2019-07-18 06:30 2423

Blockchain Start-up RENDBO Ready to Launch Pre-ICO

LONDON, July 17, 2019 /PRNewswire/ -- Eco Smart Energies Ltd (www.renbdo.io ) is pleased to reveal that the company is now ready to start the pre-ICO campaign for their upcoming project RENDBO or Renewable Energy Network Based on Decentralized Organization. The goal of this...

2019-07-17 21:20 2058

Viettel Sets Off A Digital Revolution In Vietnam Through Its New Subsidiary Company

HANOI, Vietnam, July 17, 2019 /PRNewswire/ -- Amid rapid technological developments, tech companies are in a race to equip the local population with the latest developments and inventions.Vietnam's leading telecommunications company, Viettel, is aiming to do so by setting up its eighth subsidiar...

2019-07-17 19:45 2000
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