Search Results for: FinTech
Startupbootcamp to open support program for fintech startups in Mumbai
September 30th, 2016
Leading startup accelerator Startupbootcamp will open its first program in India aiming to support 10 fintech startups in Mumbai. The accelerator will provide successful applicants with a US$16,830 grant and office space for at least three months as well as mentorship ...
Fintech Upstart LendUp Fined by CFPB, California Regulator
September 29th, 2016
Fintech upstart LendUp was fined by the Consumer Financial Protection Bureau and a California state regulator over widespread violations of payday- and installment-lending laws. The San Francisco-based lender, which specializes in small-dollar loans to risky borrowers, agreed to pay ...
U.S. Securities and Exchange Commission to Host Public Fintech Forum
September 28th, 2016
In an announcement today, the Securities and Exchange Commission said it will host a public forum to discuss Fintech innovation at its Washington D.C. headquarters in November. The Securities and Exchange Commission (SEC), the federal body which serves as ...
African fintech hubs join global initiative
September 27th, 2016
South Africa-based AlphaCode and Kenya’s Nest have joined fintech associations and network providers from more than 20 countries in the Global Fintech Hubs Federation (GFHF), aimed at fostering innovation across the global financial services industry. The GFHF is an initiative of ...
Japan banks target fintech start-ups after law change
September 26th, 2016
Change to 5% ownership cap part of national effort to push financial technology Japan’s biggest banks are looking to pour hundreds of millions of dollars into fintech start-ups after the abolition of a law that prevented them from owning more than ...
Industry Experts take to stage for Fintech EUROPE London 2016
September 20th, 2016
Managers of Wealth (MoW) event FinTech EUROPE 2016 is to be held in central London on 27 October, 2016. The speakers represent many industry leading organisations and have extensive experience which contributes to their interesting, stimulating and insightful topics ...
Fintech Firm Ripple raises $55 Million In funding
September 16th, 2016
Ripple set out to solve a global problem, with far-reaching implications and significant obstacles. Where others struggle to find a use case and a market, Ripple has turned customers into investors, and capital into commercial deployments of our solutions. ...
Signicat launches FinTech Starter Pack
September 15th, 2016
Signicat, the first and largest identity assurance provider in the world, today announced its FinTech Starter Pack to help new FinTech companies ensure immediate regulatory compliance. The package, specifically designed with the needs and budgets of FinTech companies in ...
Japan fintech startup focuses on hedge funds with equity-research
September 13th, 2016
Japan-based fintech venture Nowcast Inc. has announced that it will begin providing automated earnings estimates of consumer goods to hedge funds by analyzing millions of transactions at retail stores, according to the company CEO Ryota Hayashi. According to reports by Bloomberg, the ...
Abu Dhabi Tax-Free Zone Offers Bespoke Rules For FinTech Startups
September 12th, 2016
Abu Dhabi Global Market, a tax-free zone in the United Arab Emirates, has released details on its new Regulatory Lab initiative, which is intended to support companies to develop and test new financial technology solutions. The ADGM has released ...