Sunday, March 24, 2019

LATEST NEWS

Payment Platform Marqeta Raises $250M In Series E Round

Payment platform Marqeta has raised $250 million in a series E funding round, on a valuation of about $1.9bn, according to reports. Read more: pymnts.com

Envestnet to Acquire PIEtech for $500M

Wealthtech innovator Envestnet announced earlier this month plans for its tenth acquisition. Read more: finovate.com

Citi Ventures Leads $28M Round for Client Management Startup HoneyBook

Citi Ventures led a $28m Series C equity round for client management platform HoneyBook, the company announced today. Read more: bankinnovation.com

Switzerland Moves Forward to Fit Cryptocurrency into Traditional Regulations

The Federal Assembly of Switzerland has voted in favor of putting cryptocurrency on equal footing as traditional assets. Read more: bitcoinist.com

New cash flow platform Avrium hits the UK market

Avrium is a new online platform designed to help start-ups and small businesses in the UK manage their biggest risk factor – cash flow.  Read more: www.bankingtech.com

MoneyNetint Launches PayTicket To Help Travellers Pay Driving Fines

MoneyNetint launches PayTicket, a payment service for foreign motorists who receive tickets while travelling. Read more: thefintechtimes.com

Prepaid Technologies Acquires Dash from Karmic Labs

Business payment solutions provider Prepaid Technologies has acquired Karmic Labs’ Dash, as well as other select assets, reports Jane Connolly of Fintech Futures (Finovate’s sister publication.) Read more: finovate.com

genesis collaborates with Linear Investments to deliver Real-time Portfolio Margin (RPM)...

genesis, the international capital markets software firm has worked with Linear Investments, a specialist prime broker and an award winning hedge fund incubator, to launch Real-time Portfolio Margin (RPM), a new scalable solution for cash & margin management in real-time. Read more: www.fintech.finance

UniCredit successfully completes first transaction in Italy via we.trade blockchain platform

UniCredit today announced the successful completion of its first Italian transaction via blockchain-based trading platform we.trade. Read more: www.fintech.finance

Australia Unveils National Blockchain Strategy

The Australian government has launched a national blockchain plan which it hopes will bolster its FinTech sector. Read more: finextra.com
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