Welcome to the FinTech Times, a weekly newsletter covering the biggest FinTech news from around the globe. If you want to read F|T before anyone else, make sure to subscribe using the form at the bottom of this page.
Owl.co, a software company that helps banks and insurers collect and encrypt customer data, has raised its first round of funding, securing $2.6 million CAD.
After topping up your Revolut account, you can buy and hold shares directly from the Revolut app. For now, the feature is limited to 300 U.S.-listed stocks on NASDAQ and NYSE.
The six million Canadians who had their personal information compromised in the Capital One data hack might get some sort of compensation eventually, but they shouldn’t hold their breath, according to industry experts.
Top Shot is a digital platform for basketball fans to collect, trade, and own some of the most memorable moments in NBA history on blockchain.
Of the new entrants that threaten incumbent banks, FinTechs are the most specialized.
The round was led by Sequoia India, with participation from MV Nair, Chairman of CIBIL, Sandeep Tandon, ex- founder of Freecharge along with existing investors GrowX Ventures Fund and Somak Ghosh.
Backed by Diagram, mortgage startup Nesto latest addition to Power’s “FinTech Justice League”(BETAKIT)
While many ‘Justice League’ members position themselves against financial incumbents, Nesto’s approach is a mix of both challenging the incumbents and working with them.
Nigerian FinTech firm Carbon — an early-stage financial services startup based in Lagos — has posted on its website financials audited by KPMG.
By launching Fast Track in the U.S., Visa is continuing its support for fintechs across the globe, with the goal of accelerating the growth of digital payments and creating better ways to move money everywhere.
Toronto-based FinTech startup Koho is introducing an instant cashback program for its customers, in addition to some new rewards that can be earned through purchases with select merchants.
The buzzy FinTech startup Arcus has raised nearly $13 million. Here’s the pitch deck that’s helping it woo top VCs like Andreessen Horowitz.
Toronto-based digital payment solutions startup SnapPay has launched a pilot program with Sleep Country, which will allow Chinese consumers to pay with Alipay and WeChat Pay at select Sleep Country stores.