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Fastacash Secures $15 Million in Series B Investment

Fintech Labs Insights

In one of the largest Series B rounds to date for a Singapore-based financial technology company, social payments specialist, Fastacash raised $15 million in new funding. ” Pictured (left to right): fastacash Chief Commercial Officer, Gilberto Arredondo, and Chairman & CEO, Vince Tallent at FinovateEurope 2014.

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Kreditech Raises €82 Million in Series C Investment Led by J.C. Flowers

Fintech Labs Insights

German consumer finance technology company Kreditech announced today that it has raised €82.5 Pictured: Kreditech CEO and co-founder Sebastian Diemer demonstrating Kredito24 at FinovateSpring 2014 in New York. “Most lenders, including those built on modern technology, may not crack these markets for years,” Felsman said.

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Wave Mechanics: FT Partners Report Highlights Trends Driving Rise of Insurtech

Fintech Labs Insights

It’s a growing, thriving aspect of financial technology that is becoming a category of its own – apart from the world of payments, robo-advisors, and PFM that characterizes much of what we call “fintech.” Property and casualty (P&C) insurers generated $64 billion in net income in 2014.

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Fintech Trending: P2P, EMV, NFC, NLP… OMG

Fintech Labs Insights

Many of Sberbank clients actively use new technologies, and an increasing number of them will prefer cash-free and contactless payment using their smartphones.” NACHA has imposed a same-day fee on every same-day ACH transaction to help financial institutions receiving the funds to recover the cost to enable same-day ACH.

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Finovate Fall 2016 Live Blog – Day 1

William Mills

in 3 Rounds from 4 Investors, Most Recent Funding, M Series C on December 8, 2014. Their technology is basically a card with a built in computer that lets the holder to change a credit card to a different type of credit card, or perhaps even a debit card. Perhaps there is a big bank in Canada that has embraced their technology.

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