Roostify Closes $25M Series B, Santander InnoVentures Leads Round

Santander InnoVentures, the fintech venture capital fund of Santander Group, has invested in San Francisco-based startup Roostify, specialized in the digitalization of the process of obtaining a mortgage, enabling it to be done even via smartphone. Founded in 2014, Roostify built its enterprise platform with... Read More The post Roostify Closes

Fintech TruFin Picks up £70 Million via AIM Listing

TruFin PLC has raised £70 million, before expense, via an AIM listing priced at 190 pence per share. The Fintech focused company has invested in several interesting platforms including a 155 stake in leading consumer peer to peer lender Zopa. TruFin expects admission to trading... Read More The post Fintech TruFin

Fintech SaaS Company HighRadius Secures Strategic Investment From Citi Ventures & PNC

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company, has secured a strategic investment from Citi Ventures and PNC. The company, which was founded in 2006, states its HighRadius Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic... Read More The post Fintech SaaS

British Columbia Securities Commission Issues Notice on Fintech, Seeks Feedback to Create Competitive Regulatory Environment

The British Columbia Securities Commission (BCSC) has published a notice on Fintech. This notice is designed to help “set out the results of the consultations and seek comment on potential regulatory action to clarify or modernize securities laws to benefit all stakeholders, including investors in... Read More The post British Columbia

Monzo Brings Pulse Feature to Android Smartphones

UK challenger bank Monzo announced on Wednesday it has launched its Pulse feature on Android smartphones. Pulse notably allows users to see how much money they have in their Monzo account, and their balance for the month so far. The Monzo team revealed: “More than 40%... Read More The post Monzo Brings

European Supervisory Authorities Join in Issuing Warning to Consumers Regarding Risk of Buying Cryptocurrencies

The European Supervisory Authorities (ESAs), including the ESMA, EBA, and EIOPA have issued a pan-EU warning to consumers regarding the risks of buying cryptocurrencies. The ESAs are concerned that consumers are buying virtual currencies or “VCs” oblivious to the intrinsic risk including heightened volatility and the fact... Read More The post European Supervisory

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