Ripple grabs $55m from blockchain-curious banks
The blockchain continues its steady shift into mainstream banking with startup Ripple adding seven more major financial institutions, as well as raised $55m in funding.
FastPay gets Citi backing for digital media lending
Online lenders might be having a tough year but that’s not holding back FastPay. The digital-businesses lender just landed a new round of funding from Citi Ventures.
Tipalti lands $14m for mass B2B payments
Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.
Westpac pumps $16.5m into three-month old mortgage startup
Australian bank Westpac is continuing to plough money into the region’s FinTech companies and investing $16.5m in online mortgage startup uno.
Eos Venture Partners launches dedicated InsurTech fund
As hype continues to build around the potential for startups to disrupt the insurance space Eos Venture Partners is launching as specialised fund dedicated to finding opportunities in InsurTech.
Stripe schmoozes developers by chugging down Tonic
Payments provider Stripe is broadening its appeal to developers with the acquisition of node prototyping service Tonic. The financial terms of the deal are undisclosed but Tonic is rebranding to Runkit.
Ant Financial ups its biometrics game with $70m EyeVerify buy
Alibaba’s FinTech subsidiary Ant Financial is boosting its biometric capabilities through the acquisition of Kansas City-based EyeVerify.
Point seizes $8.4m for debt-free home buying
Real estate financing startup Point has raised $8.4m in a Series A round of funding led by Andreessen Horowitz.
Singapore and Switzerland shake hands for FinTech cooperation
Singapore and Switzerland are teaming up to boost their respective FinTech sectors.
InsurTech firm Oscar hires new chief medical officer
New York InsurTech startup Oscar is hiring Shaden Marzouk as its new chief medical officer. A neurosurgeon and US army veteran, Marzouk will replace Aran Ron in the role.
