Fintech startup Finaureus Technologies Pvt Ltd that provides automated and augmented investment solutions has recently raised funding in the pre-Series A round from the proprietary investment organization Pinetree Capital. Pinetree Capital, a diversified investment, venture capital, and financial advisory firm owned by the financial services professional turned entrepreneur Nanda S has provided the startup with the funding. The companies have chosen not to disclose the number of financial details of the deal. Finaureus is a...
Womply Registered as Loan Agent for SBA Paycheck Protection Program
April 6, 20205 min
Millions of American small businesses are in imminent risk of dying The $349 billion federal stimulus program is a vital first step to stabilize at-risk businesses Womply has established formal agent relationship with multiple SBA 7(a) PPP lenders to help small businesses expedite the process and avoid scams Womply is also helping other companies that serve small businesses streamline the PPP process for their merchant customers
Hatch Credit Initiates Soft Launch of their Credit Building App to Waitlist of 14,000 users
March 24, 20204 min
Today, March 23, 2020, Hatch Credit will officially begin its live beta launch to the first set of users from our waitlist of 14,000 users. We will allow users to report their rent as credit history leading them to see an improvement in their credit score within as little as two weeks. The beta launch will provide Hatch Credit to receive user feedback regarding the overall flow and features of the first version of the...
Financial Planners Rally To Help Underserved Populations Impacted by the Coronavirus
March 23, 20209 min
The Financial Planning Association® (FPA®) and its members across the country to provide pro bono financial planning to those impacted financially from COVID-19 fallout
Philippines Student Team Wins Finastra’s Global Hackathon
March 12, 20204 min
Finastra has crowned Team ‘WonderTech’ the grand prize winner of its largest ever global fintech hackathon on its open development platform, FusionFabric.cloud. The Manila-based team was selected for the top honor for its ‘Agree Farm App’ from among five category winners at Finastra Universe New York. The app, which aims to connect rural farmers in the Philippines with access to bank loans, was chosen by an audience of senior professionals representing financial institutions. The team’s app was built...
Incessant Technologies and RuleTek, NIIT Technologies companies, achieve 100 Pega Certified Lead System Architects (CLSAs)
IDnow Publishes Regulatory Handbook for FinTechs
March 3, 20203 min
The "Handbook FinTech Regulations 2020" helps companies in the entire FinTech ecosystem with regulatory issues.
Business Reporter: How Know-Your-Customer (KYC) Automation Can Improve Fintech Solutions
March 2, 20203 min
In order to provide secure and successful fintech services, companies should switch to KYC automation, say Covery. Financial technology (fintech) is becoming increasingly popular. According to Statista, at the end of the first half of 2018 there were a total of 440 million contactless payment users worldwide, with a forecast of 760 million users by the end of 2020. Global risk-management platform Covery stresses that: “The most crucial part of any fintech solution will always be security and...