F|T: The FinTech Times – What’s in your digital wallet?

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.


BetaKit

Goldmoney completes $30 million financing deal to fund software development

The deal was led by underwriters GMP Securities L.P. and Mackie Research Capital Corporation.


TechCrunch

Grab, the Uber rival in Southeast Asia, is now officially also a digital payments company

Southeast Asian ride-hailing company Grab said users can now pay for goods and services in shops and restaurants using GrabPay, the company’s mobile wallet.


SiliconAngle

FinTech startup TransferWise raises a massive $280M in funding

The Series E round is led by asset management firm Old Mutual Global Investors and Silicon Valley VC firm IVP.


BetaKit


Subscribe to The Retail Times Newsletter

Retail has changed. Subscribe to BetaKit’s The Retail Times newsletter to stay up to date on the intersection of tech and commerce.


TechCrunch

Remitly is raising up to $115M led by Naspers’ PayU to double down on remittances

Remitly allows people in the US, UK, and Canada send money electronically to friends and family in developing countries.


CityAM

Credit Suisse’s ex-digital chief Marco Abele launches ICO for blockchain-based investment platform Tend

TEND, a blockchain-powered platform for life-enriching investments, will enable a new paradigm of shared ownership of unique assets with both meaning and financial value.


BetaKit

Finn.ai raises $3 million following ABT

Finn.ai, an AI-powered assistant used for banking and personal finance, raised the funds from Yaletown Partners, Seattle-based Flying Fish Partners, and John Livingston, former CEO and Chairman of Absolute Software (ABT).


Finextra

Wells Fargo to launch PFM-based mobile-only account

Wells Fargo’s AI-based budgeting and savings app operates across two distinct accounts: one for weekly spending tied to a dedicated debit card, and one account reserved for savings and bills.


BetaKit

Amazon just bought three domain names related to cryptocurrency

Amazon registered three domains related to cryptocurrency, sparking speculation that the ecommerce giant could be preparing to move into the cryptocurrency space.


BetaKit

Startup Jobs Spotlight: Financeit is hiring

Financeit is currently hiring in several areas, including Sales, Tech, Marketing, Operations, Finance, and Risk.


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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.