Tuesday, October 24, 2017


Seed launches full-service digital bank for small businesses

San Francisco-based Seed announced on Wednesday the launch of its new full-service digital bank alternative that is designed specifically for small businesses. Read More: www.crowdfundinsider.com

Challenger bank BFC edges towards 2018 launch

BFC Bank, a subsidiary of the Bahrain Financing Company money transfer group, has completed its mobilisation process and is preparing for a launch in early 2018. Read more:http://www.bankingtech.com

JPMorgan buying WePay, shifting fintech investment into high gear

JPMorgan Chase's plan to buy WePay will give its 4 million small-business clients a much more direct way to adopt digital payments. Read More: www.paymentssource.com

Invoice solution platform VersaPay scores $10.7m from share sale

Invoice solution platform VersaPay has raised around $10.7m from the sale of common shares. Read more: fintech.global

Cybersecurity startup Militus land series A funding

Cybersecurity startup Militus has closed an undisclosed series A funding round from US private equity firm CyberSEC3. Read more: fintech.global

TreasuryXpress closes $5m growth investment

Treasury management solutions platform TreasuryXpress has closed a $5m growth investment. Read more: fintech.global

Zazu eyes £150,000 to launch digital-only bank in Africa

Zazu is looking to raise £150,000 through an equity crowdfunding campaign on Seedrs, as it prepares to launch its new digital-only bank in Africa. Read More: member.fintech.global

PFM app MoneyLion seeks to kill overdraft fees with new feature

EXCLUSIVE - As part of its ongoing crusade to make money manageable for the average American, PFM app MoneyLion has a new feature that will warn the user before, Read more: bankinnovation.net

Cybersecurity platform Attivo Networks nets $21m in Series C

Cybersecurity platform Attivo Networks has netted $21m in a Series C round led by Trident Capital Cybersecurity. Read more: fintech.global

Tipalti nabs fraudsters with new detect module

Tipalti Detect, the new fraud monitoring module by San Mateo startup Tipalti, has blocked 7,400 fraud attempts in its six-month beta phase and first week live. Read more: www.pymnts.com