Samantha Hurst

Nordea Partners With The European Investment Fund to Introduce Guaranteed Lending Solutions For SMEs

    Nordic banking group Nordea announced earlier this week it has partnered with the European Investment Fund (EIF) to guarantee lending solutions to small businesses. Nordea reported that the European Fund will provide it with €700 million in guarantee capacity for 2021. The guarantee program… Read More

Unicorn Status: Digital Identity Verification Provider Socure Raises $100 Million Through Series D Funding Round Led By Accel

  Socure, a U.S.-based digital identity verification provider, announced earlier this week it secured $100 million through its Series D funding round, which was led by Accel with participation from Commerce Ventures, Scale Venture Partners, Flint Capital, Citi Ventures, Wells Fargo Strategic Capital, Synchrony, Sorenson,… Read More

Netcapital Inc. Announces Alternative Trading System Partnership With Rialto Markets

Netcapital Inc., the parent of crowdfunding platform Netcapital, recently announced it has formed a partnership with Rialto Markets, a registered broker-dealer operating an alternative trading system (ATS). Netcapital reported that through the partnership, it will use Rialto’s ATS to provide issuers and investors with the… Read More

Plug and Play Announces New Partnership With Insurer NJM Insurance Group

    Silicon Valley accelerator, Plug and Play, announced on Wednesday it has added NJM Insurance Group, a property and casualty insurer in the mid-Atlantic region, to its insurtech corporate partners network. According to Plug and Play, the insurtech program aims to improve the insurance… Read More

TomoCredit Unveils New TomoCredit Mastercard

      TomoCredit, a U.S.-based fintech that offers a credit card that’s designed to build a credit history for first-time borrowers, announced on Thursday the launch of TomoCredit Mastercard, a high limit offering that does not require FICO or soft or hard inquiries to apply…. Read More

U.S. Fintech Rapyd Announces “$100 Million Miami Tech Power Intiative” to Commit Waiving Payment Processing Fees of Up to $5 Million for 20 Companies

    B2B fintech-as-a-service provider Rapyd announced on Thursday has announced a new initiative with the City of Miami to boost technology and startup industry growth, Rapyd’s $100 Million Miami Tech Power Initiative. Rapyd reported that through the program it has committed to waiving payment processing fees of… Read More

Paysafe Unveils Board of Directors For Post-Merger Public Company

Integrated payments platform Paysafe announced on Thursday its Board of Directors, effective at the closing of the business combination transaction with special purpose acquisition company, Foley Trasimene Acquisition Corp. II (NYSE: BFT, BFT WS). Paysafe recently announced its plans to become a public company through… Read More

Digital Payments Platform Wirex Wins Cryptoback Trademark Case

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Digital payments platform Wirex announced on Thursday has succeeded in its High Court trademark infringement claim regarding their UK registered trademark for Cryptoback, which is reportedly used in conjunction with the platform’s cryptocurrency rewards scheme. According to Wirex, the lawsuit was against Cryptocarbon Global Ltd,… Read More

French Fintech PayFit Secures €90 Million Through Series D Funding Round

  PayFit, a France-based fintech that specializes in payroll and HR, announced on Wednesday it secured 90 million through its Series D funding round which was led b y Eurazeo Growth, Large Venture, and BPI France with participation from Accel, Frst, and Xavier Niel. Launched… Read More

Overfunding: Aspiring “Crypto-Bank” Crypterium Secures More Than €1.87 Million Through Seedrs Funding Round

  Estonia-based aspiring “crypto-bank” Crypterium has successfully secured more than €1.87 million through its equity crowdfunding campaign on Seedrs. The funding round, which originally sought to raise a minimum of €1 million, has already attracted over 860 Seedrs investors. Founded in 2017, Crypterium stated it is building… Read More

Paysafe Expands Partnership With NeoPollard Interactive to Provide Payment Gateway For Alberta’s Online Gambling Website “PlayAlberta”

  Integrated payments platform Paysafe announced on Wednesday it has expanded its partnership with NeoPollard Interactive (NPi), the provider of iLottery programs in North America. Through this partnership, NPi uses Paysafe’s proprietary payment gateway to power Alberta’s only regulated online gambling website PlayAlberta.ca.  Paysafe further revealed with… Read More

Real Estate Investing Platform addy Launches Affiliate Program With Fintel Connect

  Real estate investing platform, addy, announced on Tuesday it recently launched its affiliate program in partnership with Fintel Connect. Founded in 2018, addy describes itself as an online investment platform that allows everyone to invest in real estate for as little as $1. “The hottest… Read More

Wealth Management & Financial Wellness Provider Envestnet Announces Expansion of Annuity Program on Insurance Exchange

Envestnet, Inc. (NYSE: ENV), a provider of intelligent systems for wealth management and financial wellness, announced on Wednesday it has expanded its Variable Annuity Program to become the Envestnet Insurance Exchange, powered by Fiduciary Exchange, LLC (FIDx).  According to Envestnet, the Envestnet Insurance Exchange provides… Read More

Next Insurance Teams Up With Amazon Business to Provide EligibleSmall Businesses With Affordable Digital Insurance Options

  Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday it has teamed up with Amazon Business to provide eligible members the opportunity to access customized small business insurance. According to Next Insurance, the collaboration will allow Business Prime members to… Read More

France-Based Digital Asset & Blockchain Application Solutions Provider Ledger Announces Enterprise Solutions Division For Institutions

    Ledger, a France-based provider of security and infrastructure solutions for digital assets and blockchain applications, announced on Tuesday the formation of Ledger Enterprise Solutions. According to Ledger, Ledger Enterprise Solutions is a new business unit dedicated to bringing Ledger’s digital asset custody and… Read More

Africa-Based Payments Tech Flutterwave Joins Forces With PayPal

  Flutterwave, a U.S. and Lagos-based fintech that’s on a mission to build payments infrastructures to connect Africa to the global economy, announced on Wednesday it has joined force with global digital payments giant PayPal. Flutterwave reported that through the partnership, PayPal customers will be enabled to… Read More

Global Payment Network For Travel UATP Announces New Partnership With Nuvei

Universal Air Travel Plan (UATP), a U.S.-based global payment network for travel, announced on Wednesday it has joined forces with Nuvei, a global payment technology provider based in Canada, to begin offering full payment service provider (PSP) services. UATP reported that the collaboration enables it… Read More

BlueVine Appoints Former LendingClub President Steve Allocca as First Chief Operating Officer

BlueVine, an online lender and fintech bank, announced on Wednesday it has appointed Steve Allocca as its first-ever Chief Operating Officer. BlueVine reported that in his new role, Allocca will generate strong operational efficiency across the organization and drive growth across all products. According to BlueVine,… Read More

LenderClose Unveils Home Equity Lending Solution “Home Equity Express”

  LenderClose, a U.S.-based proprietary, technology-focused lending platform, announced on Wednesday it has launched Home Equity Express (HEx), which is described as a cloud-native technology for placement of collateral verification data and reports through an intelligent, automated workflow, reducing the time it takes credit unions and… Read More

U.S. Fintech DailyPay Unveils Rewards Solution Enabling On-the-Spot Payments

DailyPay, a U.S.-based gold standard on-demand pay platform, announced on Tuesday plans to launch its REWARD by DailyPay payment solution. According to DailyPay, REWARD by DailyPay gives managers the ability to instantly and effortlessly incentivize their staff with on-the-spot payments for everything from bonuses for… Read More

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