Santander InnoVentures, Santander Group’s fintech venture capital fund, has announced today it is leading an expansion funding round for cloud-based digital lending platform Roostify, which enables mortgages to be done via smartphone. Santander first invested in the company in February 2018 and this is its second investment. Founded in 2012, Roostify’s integrated digital lending platform […]
Capitalise.com has today announced a partnership with small business lender, iwoca, and a high street bank, to launch Instant Offers. The partnership enables accountants to receive instant quotes on funding applications for their clients. Accountants benefit from offering their clients exceptional customer service with instant quotations and eligibility on suitable financial products whilst lenders can […]
The partnership signed this past July, between Epiphany, a digital banking solutions start-up founded in Italy and operating globally and Kaleyra, an international group specialised in mobile messaging solutions for banks and other highly-transactional businesses, has resulted in Italy’s first Open Banking Hub which allows banks to quickly innovate and deploy open banking compliant apps. […]
Today, leading cryptocurrency exchange bitFlyer has announced the launch of the bitFlyer app across Europe and the USA. The app, available for free on both iOS and Android, will allow users to buy and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Monacoin (MONA) and Lisk (LSK). The bitFlyer app […]
SAP SE (NYSE: SAP) announced today the launch of its Singapore Data Centre for SAP Commerce Cloud for businesses across the Asia Pacific (APAC) region enabling them to adopt digital commerce strategies to deliver superior customer experiences. Home to some of the world’s fastest developing economies and most digitally-savvy populations, digital commerce has emerged as […]
Online Banking is a global trend that banks and institutions are currently following to improve the current connections across digital services. In addition to it, Open Banking is the representation of a next-generation business model in an open data economy. With Open APIs, banks can be easily linked to financial technology companies using affiliated services […]
CIMB Bank Berhad Singapore Branch (“CIMB”) and iTrust have successfully completed their first structured trade financing transaction on iTrust’s Blockchain and Internet of Things (IoT) platform. The transaction involves the financing of dairy products imported into China and is expected to generate transaction flows of up to US$100m a year. iTrust provides secured real-time visibility […]
Fintechs could save migrant workers a combined £520m when moving money from the UK to emerging economies, according to new analysis by UK fintech Paysend. Each year, migrant workers in the UK send £8bn back home. While the average global transaction fee is currently 7% of the money transferred, the fintech average is already well […]
A new research paper from Siemens Financial Services (SFS) says innovative Energy-as-a-Service solutions can help UK manufacturers save up £5.6bn over the next five years, including £954m in savings for the chemical manufacturing sector and £800m in for the Food and Drink sector. The report, entitled ‘Future Savings – Current Gain’, estimates that by partnering […]
A cultural shift in attitudes to analytics will be essential for businesses to compete in the age of digital transformation, research has revealed. A quarter of the 500 professionals surveyed by MHR Analytics said resistance from senior management was preventing their company from adopting analytics, suggesting that many could be left behind as their forward-thinking […]
