Finnish fintech startup Enterpay closes investment from Swedish VC firm NFT Ventures
Feb 07, 2017 11:02 am UTC| Fintech
Finland-based fintech company Enterpay announced that it has closed an investment from Swedish venture capital company NFT Ventures. As an investor, NFT is ideal for us, as it can support our international growth not...
Fintech startup Plaid secures funding from Citi Ventures and American Express Ventures
Feb 07, 2017 09:52 am UTC| Fintech
Citi Ventures and American Express Ventures have made investments in Plaid Technologies, Inc., a San Francisco-based financial technology firm. Launched in 2012, Plaid serves as the foundation upon which thousands of...
Mizuho Financial Group to work with SORACOM for IoT payments platform
Feb 07, 2017 05:45 am UTC| Fintech
Mizuho Financial Group, Inc. last month announced that it has started research and development for the creation of a platform for secure payments using Internet of Things (IoT) devices. Taking into account the changes...
Feb 07, 2017 05:13 am UTC| Fintech
Frances central bank is testing blockchain technology and opening a lab to work with startups, François Villeroy de Galhau, Governor of the Banque de France, said. Speaking at the Paris FinTech Forum last month,...
If scandals don't make us switch banks, financial technology might
Feb 07, 2017 04:06 am UTC| Fintech
An efficient market relies on rational customers being willing to change suppliers when theres good reason to do so. But what happens when customers stay put regardless? This issue is particularly acute in the banking...
Swedish fintech Klarna acquires German online payment firm BillPay
Feb 06, 2017 11:38 am UTC| Fintech
Swedish fintech business Klarna announced that it has acquired German online payment company BillPay in a move to strengthen its position as a leading fintech player in Europe, as well as accelerating its growth in the...
UK government picks 11 fintech companies for trade delegation to Australia and New Zealand
Feb 06, 2017 09:37 am UTC| Fintech
The UKs Department for International Trade (DIT) has revealed its plans to take a trade delegation of eleven successful UK fintech companies to Australia and New Zealand in March. The selected companies include Aire,...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects