Friday, August 23, 2019

SecurCapital Announces Acquisition of Fintech & Small Business Lender Breakout Capital...

SecurCapital Corp announced last week it has acquired Breakout Capital Finance, a fintech company and nationwide small business lender. Read more: crowdfundinsider

TruNarrative signs Iceland acquiring bank Borgun

Icelandic acquiring bank Borgun hf. has invested in a new platform from TruNarrative, to help boost the firm’s merchant lifecycle management (MLM) and onboarding processes. Read more: finextra

Singapore-based Moneythor joins Mastercard Start Path programme

Singapore-based digital banking software provider Moneythor today announced that it has been selected to join the Mastercard Start Path programme to innovate in payments solutions. Read more: e27

Securities and Exchange Commission Issues Statement on Custody of Digital Assets

The SEC has joined with the Financial Industry Regulatory Authority (FINRA) in issuing a statement regarding the custody of digital assets and broker-dealers. Read more: crowdfundinsider

ABN AMRO launches mobile wealth management app

Sopra’s Direct Banking on SaaS software manages Kendu’s core banking, enabling users to arrange their investments in order to achieve their life goals. Read more: bankingtech

CurrencyCloud Raises New Capital in Series E

TechCrunch reported that the London-based company, which provides an API and service for cross-border payments, plans to follow tranche one with more funding in the next two or three months. Read more: finovate

Update: Assetz Capital Closes Seedrs Round With Nearly £1.9 Million in...

UK-based peer-to-peer lending platform Assetz Capital completed its equity crowdfunding round on Seedrs with nearly £1.9 million in funding. Read more: crowdfundinsider

Nordic banks get EC green light for shared KYC platform

A group of six top Nordic banks is forging ahead with plans to set up a joint platform for handling Know Your Customer (KYC) data. Read more: finextra

IBM, Top Australian Banks to Pilot Blockchain for Retail Lease Bank...

A consortium of Australia-based financial services companies have teamed up with IBM and shopping center operator Scentre Group to launch a pilot that puts retail lease bank guarantees on a private blockchain. Read more: coindesk

Kyash, a would-be challenger bank in Japan, raises $14M

Kyash, a fintech company with visions on becoming Japan’s first challenger bank, said today it has raised $14 million to continue its expansion. Read more: FinTechRanking