
Meet ‘The FinTech 50’ – Efigence
What is Efigence’s mission statement? In Efigence we believe in technology as a method to provide the most satisfactory internet banking customer experience. We design and implement banking platforms which are intended and favorably verified as the solution for the changing world of financial services. A world where the market

Meet ‘The FinTech 50’ – TransferWise
What is TransferWise’s mission statement? International money transfers are more expensive than meets the eye. Although banks and brokers often claim there are ‘no fees,’ many take as much as 5 percent of the money being sent. TransferWise is the clever new alternative that allows people to transfer money abroad

Citibank invites participants for Citi Mobile Challenge in Europe and Middle East
Today Citibank announced the launch of Citi Mobile Challenge in Europe, the Middle East and Africa, the latest part of Citi’s global Digital Acceleration effort to foster innovation within the banking industry. They are inviting the best and the brightest talent to harness their APIs to bring their vision to
Google Offers Mobile Payment Solutions Preinstalled on New Android Phones
Catching up with the increasingly popular ApplePay, Google Wallet has partnered with mobile payment processor Softcard. Softcard was launched in 2010 by Verizon, T-Mobile and AT&T. Like Google Wallet and Apple Pay, it relies on near-field communications (NFC) for its mobile payments. As a result of the partnership with the
Google Capital to Invest in India's Growing Start-Ups
Google Capital- Google’s Growth Equity Investment Fund has decided to set up office in India. The late-stage fund, which was first announced almost exactly one year ago today, is set to open its first office outside the United States, according to the Wall Street Journal on Wednesday. Initially created in
Samsung Acquires Digital Wallet Platform LoopPay
Contactless payment solution, LoopPay has signed an agreement to be acquired and become a wholly owned subsidiary of Samsung Electronics America, Inc. Co-founded by Will Graylin and George Wallner, LoopPay is one of the world’s most accepted mobile payment solution which leverages existing magnetic stripe readers to receive payments from
Stripe Fully Integrated with Bitcoin, Allows All Merchants to Accept BTC Payments
Payment processor Stripe has announced that that the company is enabling its clients to accept Bitcoin payments.A developer-friendly way to accept payments online and in mobile apps, Stripe stated in a release last week stated that its now integrated with Bitcoin enabling merchants to accept payments in the cryptocurrency. While

Meet ‘The FinTech 50’ – Trustly
What is Trustly’s mission statement? Trustly’s mission is to make payments simple, safe and super convenient by enabling payments directly from the bank account in e-commerce. With a digital log-in that is simple and safe for the user, the bank account has truly become digital and relevant for the modern

Meet ‘The FinTech 50’ – Ixaris
What is Ixaris’ mission statement? Many businesses and consumers have to put up with inefficient and ‘poor fit’ payment solutions: needlessly expensive, inconvenient, inefficient to operate. Ixaris wants to enable perfect fit and efficient payment solutions for any type of customer or community. We do so by developing technology that
WorldRemit Raises $100M to Expand Money Transfer Service
Online money transfer service WorldRemit today announced that it has raised $100m in a Series B funding round led by Technology Crossover Ventures (TCV), with participation from existing investor Accel Partners. WorldRemit is a global leader in smartphone and web-based money transfers. The company enables a growing share of the $550bn