January 8, 2020 @ 9:41 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it is teaming up with Sprint to integrate its unified commerce solutions into Sprint’s Curiosity Internet of Things (IoT) platform to deliver the “Internet of Payments.” The two companies, which were brought together… Read More

January 8, 2020 @ 7:56 am By Samantha Hurst  |  

Digital payments service Square recently announced its instant transfer fees will be 1.5% per transfer. Square reported that as of January 7, 2020, the rate for instant and same-day transfers from a user’s Square balance to their bank account is changing to 1.5% per transfer…. Read More

January 7, 2020 @ 3:56 pm By Samantha Hurst  |  

BankMobile, a no-fee, mobile, online and tablet bank, announced on Tuesday it is launching more enhancements to its digital banking platform. BankMobile reported that it will offer a two-day paycheck advance, savings account with a rate that is equal or higher than that is offered… Read More

January 7, 2020 @ 2:47 pm By Samantha Hurst  |  

 Securrency, a global financial services technology infrastructure and products company, announced on Tuesday it secured $17.65 million through its Series A funding round, which was led by WisdomTree with participation from the Abu Dhabi Investment Office (ADIO), Monex Group, Inc., RRE Ventures, Strawberry Creek Ventures,… Read More

January 7, 2020 @ 1:22 pm By Samantha Hurst  |  

Fintech unicorn SoFi announced on Tuesday the opening of its newest office location in Jacksonville, Florida.  According to SoFi, the office is located in the St. Johns Town Center and will fit up to 300 full-time staff, mainly focused on operations functions including member relations,… Read More

January 7, 2020 @ 1:06 pm By Samantha Hurst  |  

KogoPAY, a UK-based fintech startup, completed its equity crowdfunding round on Crowdcube with more than £200,000 in funding secured. The company offered its 281 Crowdcube investors with 2.01% in equity at a £10 million pre-money valuation. Founded in 2018, KogoPAY describes itself as a fintech… Read More

January 7, 2020 @ 10:55 am By Samantha Hurst  |  

RiverNorth Marketplace Lending Corporation, an established and currently operating as a closed-end interval fund dedicated to the marketplace lending asset class, announced on Monday the declaration of monthly distributions of $0.18 per common share for the months of January, February and March 2020. It was… Read More

January 7, 2020 @ 9:03 am By Samantha Hurst  |  

HighRadius, a U.S.-based fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, announced on Tuesday it secured $125 million through its Series B funding round, which was led by ICONIQ Capital with participation from existing investors Susquehanna Growth Equity and Citi Ventures. Founded in 2006, HighRadius claims… Read More

January 7, 2020 @ 7:14 am By Samantha Hurst  |  

 Sapiens International Corporation, (NASDAQ: SPNS) and (TASE: SPNS), a global provider of software solutions for the insurance industry, announced on Tuesday it has acquired Germany-based insurtech sum.cumo for €28.4 million. Founded in 2010, sum.cumo claims it stands for the “successful, integrated digitalization” of traditional business… Read More

January 6, 2020 @ 3:43 pm By Samantha Hurst  |  

PayPal announced on Monday it has officially completed its acquisition of Honey Science Corporation (Honey), which is a tech platform for shopping and rewards. As previously reported, Honey is widely known as a useful discovery tool that assists users in finding savings and good deals… Read More

January 6, 2020 @ 2:02 pm By Samantha Hurst  |  

Blox.io, a platform for cryptocurrency management, accounting, and cost basis, announced on Monday the launch of its integration with the æternity protocol, which is a scalable smart contract platform that enables interaction with real-world data. According to Blox, the new integration will provide æternity users… Read More

January 6, 2020 @ 11:09 am By Samantha Hurst  |  

Primary Capital Funding, a U.S.-based merchant cash advance provider and small business servicing company, announced on Monday it has acquired a division of Infinity Capital Funding. Primary Capital reported that the acquisition will enable it to expand its mission to help “subprime small business owners”… Read More

January 6, 2020 @ 11:00 am By Samantha Hurst  |  

UK-based scooter brand eFOLDi is set to close its equity crowdfunding campaign on Crowdcube later this week with nearly £500,000 secured. The funding round, which has attracted 250 Crowdcube investors, made its debut less than two years after eFOLDi raised £1.1 million through its first… Read More

January 6, 2020 @ 9:31 am By Samantha Hurst  |  

Baanx, a mobile digital banking app, payments engine, and cryptocurrency platform, has successfully secured its initial £600,000 equity crowdfunding target on Seedrs. The funding round was launched last month and has so far attracted nearly 350 Seedrs investors. As previously reported, Baanx was founded in… Read More

January 6, 2020 @ 9:22 am By Samantha Hurst  |  

TaxBit, a U.S.-based cryptocurrency tax automation software provider, announced on Monday it secured $5 million through its latest seed funding round. Participants of the round included TTV Capital, Dragonfly Capital Partners, Collaborative Fund, Winklevoss Capital, Valar Ventures, Global Founders Capital, Table Management, and Album VC,… Read More

January 6, 2020 @ 7:42 am By Samantha Hurst  |  

Australian SME challenger bank Judo Bank has formed a partnership with InfraRisk Pty Ltd., a supplier of credit management solutions and a wholly-owned subsidiary of Pintec Technology Holdings Limited, to support its lending business with a smart and highly efficient cloud-based SaaS solution. Judo Bank… Read More

January 5, 2020 @ 11:33 pm By Samantha Hurst  |  

Burger King in Venezuela will soon be allowing Bitcoin as a form of payment. According to Cointelegraph, a single Burger King branch, which is located in the Sambil area of Caracas, now accepts Bitcoin as well as altcoins Ether (ETH), Litecoin (LTC), Binance Coin (BNB),… Read More

January 5, 2020 @ 11:13 pm By Samantha Hurst  |  

B-North, a UK-based business lending company, is set to close its equity crowdfunding campaign on Crowdcube with more than £2 million in funding secured. The investment round has attracted nearly 500 Crowdcube investors. As previously reported, B-North is now looking to change the face of business… Read More

January 3, 2020 @ 11:15 pm By Samantha Hurst  |  

  , a Latin-America-based digital real estate platform, announced on Friday it secured $175 million through its Series C funding round, which was co-led by Vulcan Capital and Andreessen Horowitz with participation from QED Investors, Fifth Wall Ventures, Thrive Capital, Valor Capital, and Monashees. Founded… Read More

January 3, 2020 @ 4:55 pm By Samantha Hurst  |  

Uber (NYSE: UBER)  announced on Thursday it has officially completed the acquisition of Careem, an internet platform for ride-hailing that is based in the Middle East. Uber reported that it acquired Careem for $3.1 billion. Founded in 2012, Careem offers services in mass transportation, delivery… Read More