Enabling Technologies

Axis Bank launches LIME – India’s first Mobile App integrating Wallet, Shopping, Payments and Banking

Enables any individual to transact and manage money through a single mobile app Offers mobile wallet, online, offline payments and a seamless in-app shopping & ticketing experience Facilitates opening of savings a/c and cash out at ATMs Helps analyze one’s spends and rewards for saving Axis Bank, India’s third largest...

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Enabling Technologies

iVend Retail integrates unique All-in-One Mobile Point of Purchase solution mPOP™ from Star Micronics

Star Micronics is pleased to announce that iVend Retail, a recognised industry leader for cloud management and mobile retail, has incorporated mPOP™, a unique all-in-one mobile point of purchase solution, into its retail software to provide the ideal affordable mPOS solution for the small to medium sized retailer. Combining a...

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Blockchain

Fintech: Paymium Raises 1 Million Euros

With funding from Newfund, Kima Ventures, Galitt and a group of business angels, Paymium closes a financing round to accelerate its European expansion. Paymium, Bitcoin market place and Bitcoin payments services provider, plans to use the funds to accelerate its growth in Europe and to provide new, innovative functionalities. The...

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BankTech

A Year Later but Not Much Better: Google Finally Responds to Apple Pay With Android Pay & New Wallet

Android users will now be able to make contactless payments in the US. Google, in collaboration with the payment networks, finally rolled out Android Pay. What’s even more? Google redesigned its old Google Wallet app and converted it into an exclusive P2P payment app for sending and receiving money using an email address....

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Blockchain

Plug And Play Brings Silicon Valley To Wall Street

Plug and Play, a Silicon Valley based “global innovation platform” that started as an incubator in Mountain View, CA held their first east coast event with an exciting FinTech showcase on Tuesday September 8th, 2015 . LTP had the privilege of attending the private invite-only event held at Deutsche Bank’s...

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Lending

Fundbox Secures $50 M in Equity in a New Round, Q&A with LTP

Fundbox, the leading cash flow optimization tool for small businesses, announced that it has underwritten its 15 millionth invoice while also completing its 7th consecutive quarter of at least 2x quarter-over-quarter revenue growth.  The company also announced that it has raised an additional $50 million in equity funding led by...

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Payments

Square Inc. Plans to Launch Its IPO in Q4 of 2015

According to Bloomberg, San Francisco-based payments startup Square Inc. plans to hold its initial public offering in the fourth quarter of 2015. People familiar with the matter said that the IPO timing may change as per market conditions. Square Inc. offers financial services, credit card reading/swiping devices and technologies, and...

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Blockchain

Showing intent on Blockchain Visa, NASDAQ, Citi and others Invest $30M in Chain.com

Visa, NASDAQ, Citi and other prominent payment companies have invested $30 million in Chain.com, a blockchain infrastructure provider for FIs and enterprises. In addition to these names, other investors include Capital One, Fiserv and French telecom Orange. This investment shows the trust these companies have on disruptive blockchain technology to power...

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