March 25, 2021 @ 8:25 am By Samantha Hurst  |  

    Maxwell, a U.S.-based digital mortgage and fulfillment platform for small to midsize mortgage lenders, announced on Thursday it raised $16.3 million Series B funding round led by Fin VC and TTV Capital with participation from Rotor Capital, The Mortgage Collaborative Emerging Technology Fund,… Read More

March 25, 2021 @ 8:12 am By Samantha Hurst  |  

Railsbank, a global Banking-as-a-Service (BaaS) announced on Thursday it has joined forces with Paceline, a retail health and wellness platform, to create a health and wellness credit card. According to Railsbank, the Paceline branded credit card will allow users to earn category-based cash back based on… Read More

March 25, 2021 @ 7:51 am By Samantha Hurst  |  

  Greenwood, a U.S. fintech that has created a digital banking platform specifically for Black and Latino individuals and business owners, announced on Thursday it secured $40 million through its Series A funding round, which was led by Truist Ventures. Founded in 2020, Greenwood states… Read More

March 24, 2021 @ 3:50 pm By Samantha Hurst  |  

Sugi, a UK-based green investment mobile app, is set to close its equity crowdfunding campaign on Crowdcube with more than £385,000 raised. The funding round, which originally sought to raise £350,000 has attracted 275 Crowdcube investors. Sugi is now offering 3.62% in equity at a £9.5 million… Read More

March 24, 2021 @ 3:12 pm By Samantha Hurst  |  

Bankly, a Nigeria-based fintech, has reportedly secured $2 million through its seed funding round, with was led by Vault. Founded in 2018 by Tomilola Adejana and Fredrick Adams, Bankly states it provides a USSD based savings product where users fund their account using Bankly vouchers nationwide. “We… Read More

March 24, 2021 @ 2:22 pm By Samantha Hurst  |  

  Jumio, a U.S.-based AI-powered end-to-end identity verification and eKYC solutions provider, announced on Wednesday it received a $150 million investment from Great Hill Partners, a private equity firm. Founded in 2010, Jumio’s mission is to make the internet a safer place by protecting the ecosystems… Read More

March 24, 2021 @ 1:53 pm By Samantha Hurst  |  

  Plaid announced on Wednesday the inaugural cohort of five early-stage fintech startups for FinRise, which is Plaid’s incubator program to empower early-stage entrepreneurs that are Black, Indigenous or People of Color.  As previously reported, FinRise is a nine-month program designed to support early-stage founders… Read More

March 24, 2021 @ 12:33 pm By Samantha Hurst  |  

  Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday the launch of “MoneyGram as a Service,” which is a new business line that enables other companies to access MoneyGram’s network through its API-driven infrastructure and technology. According to MoneyGram, enterprise customers may now… Read More

March 24, 2021 @ 11:10 am By Samantha Hurst  |  

  Virgin Money announced on Tuesday it is launching sustainability-linked loans (SLL) for all UK companies. According to Virgin Money, the SLLs will reduce the cost of finance for those businesses whose core activities proactively help the economy transition to a more sustainable model. Virgin Money… Read More

March 24, 2021 @ 10:27 am By Samantha Hurst  |  

  NumberX, an Austria-based fintech, recently announced its plans to launch if app-based payment card, which is powered by open banking. Mastercard is notably the company’s strategic partner for the card. Founded in 2020, NumberX’s focus is on maximum freedom and flexibility, the greatest possible acceptance, and… Read More

March 24, 2021 @ 10:02 am By Samantha Hurst  |  

  Citi announced on Tuesday it has teamed up with fintech firm Sharegain to launch an automated securities lending solution specifically for wealth managers. Citi reported that through the solution, wealth managers may deliver a securities lending program to their customers, giving them the opportunity to earn… Read More

March 24, 2021 @ 9:36 am By Samantha Hurst  |  

      Digital payments platform Wirex announced on Wednesday it is temporarily pausing to recruit new UK customers. According to Wirex, the temporary pause follows constructive dialogue with UK regulator, the Financial Conduct Authority (FCA). Wirex further revealed that as part of the pause, it… Read More

March 24, 2021 @ 8:13 am By Samantha Hurst  |  

Digital banking group Varo Bank announced on Wednesday it has launched a new Varo Perks Program to help customers “stretch their money.” According to Varo, the program combines a brand new cashback program designed to put money back in the hands of its customers along with the… Read More

March 23, 2021 @ 3:16 pm By Samantha Hurst  |  

  Fantasy Sports Co., a data analytics and consumer rewards platform for sports betting, is preparing to launch its Regulation CF (Reg CF) offering on SeedInvest. The company is seeking a minimum of $300,000 (max $3.5 million) through the funding round. Founded in 2015, Fantasy Sports Company… Read More

March 23, 2021 @ 2:38 pm By Samantha Hurst  |  

Refinitiv, a provider of financial markets data and infrastructure that has served more than 40,000 institutions in over 190 countries, announced on Tuesday it has expanded its digital investor solution with the launch of Wealth Connect, which was designed to help wealth management firms and their advisors advance with… Read More

March 23, 2021 @ 2:13 pm By Samantha Hurst  |  

  Hong Kong-based Crypto.com announced on Tuesday its virtual cards are now available in Europe. Crypto.com reported its app users may now apply for a Crypto.com Visa Card and once approved, make online purchases before their physical cards arrive. The card is issued by PayrNet Ltd… Read More

March 23, 2021 @ 12:44 pm By Samantha Hurst  |  

Jeff App, a Latvian fintech startup that provides a data-enabled loan brokerage platform for unbanked customers in Asia, announced on Tuesday it raised $1 million through its latest financing round led by the Estonian Business Angels Network (EstBAN) syndicate with participation from Startup Wise Guys,… Read More

March 23, 2021 @ 12:26 pm By Samantha Hurst  |  

  Digital-only bank platform N26 announced on Tuesday it has appointed Gilles BianRosa as its new Chief Product Officer. N26 reported that in his upcoming role, BianRosa will lead all product teams based across the company’s main offices and technology hubs in Berlin, Barcelona, Vienna, and New York. N26 also… Read More

March 23, 2021 @ 11:31 am By Samantha Hurst  |  

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Tuesday it is set to acquire Moka Financial Technologies, a Canada-based saving and investing app, in an all-stock transaction.  Launched in 2017, Moka (originally Mylo) is on a mission to help its users achieve their financial… Read More

March 23, 2021 @ 10:24 am By Samantha Hurst  |  

LenderClose, a U.S.-based proprietary, technology-focused lending platform, announced on Tuesday it secured $10 million through its Series B investment round, which included participation from Next Level Ventures, Ardent Credit Union, Strata Credit Union, Tucson Federal Credit Union, Collins Community Credit Union, Financial Plus Credit Union,… Read More