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

India-based banking group Axis Bank recently announced it has launched its own range of wearable contactless payment devices, called Wear N’ Pay. Axis Bank reported it teamed up with Thales and Tappy Technologies to design and create the products, which are exclusively available on the Mastercard platform…. Read More

March 16, 2021 @ 2:40 pm By Samantha Hurst  |  

LeaseLock, a U.S.-based insurtech that provides totally eliminates security deposits, surety bonds, and guarantors in rental housing, announced on Tuesday it has surpassed $1 billion in insured lease value for residential apartment homes. The latest milestone comes shortly after LeaseLock announced its $52 million through… Read More

March 16, 2021 @ 2:30 pm By Samantha Hurst  |  

  Pagaya, an artificial intelligence (AI) powered investment manager, announced on Tuesday the expansion of the Pagaya AI Debt Selection Trust (PAID) shelf with $900 million committed. According to Pagaya, the demand for this PAID issuance was evidence of investors deeply trusting the platform as… Read More

March 16, 2021 @ 12:54 pm By Samantha Hurst  |  

European fintech Viva Wallet announced on Tuesday it has joined forces with PrestaShop, an open-source e-commerce platform, to allow thousands of online merchants across Europe and the UK to accept fully localized payments through the new Viva Wallet module.   Viva Wallet reported that the module will offer frictionless… Read More

March 16, 2021 @ 12:15 pm By Samantha Hurst  |  

  Opera Limited (NASDAQ: OPRA), a Norway-based browser provider, announced on Tuesday it has appointed PayPal and WeChat Pay veteran Allen Hu as the new Executive Vice President of Dify, Opera’s fintech arm. According to Opera, Dify takes advantage of the company’s expertise in delivering cutting-edge… Read More

March 16, 2021 @ 10:43 am By Samantha Hurst  |  

LendingUSA, a U.S.-based fintech lender that provides loans to small businesses ranging from $1000 to $35,000, announced on Tuesday it has appointed Michael Brown as its new Vice President of Credit Risk and Pricing. The latest appointment comes just weeks after LendingUSA appointed Adam Contino… Read More

March 16, 2021 @ 10:09 am By Samantha Hurst  |  

Brim Financial (Brim), a Canadian fintech and certified credit card issuer, announced on Tuesday it secured $25 million through its Series B round, which was co-led by Desjardins Group and  EPIC Ventures with participation from Canadian and U.S.-based investors, including goeasy Ltd., White Owl, and… Read More

March 16, 2021 @ 9:00 am By Samantha Hurst  |  

Equa announced on Tuesday it has raised $2.2 million through a private investment round to support its mission of providing company founders and investors a single-source solution for governance and equity management. Founded in 2018, Equa claims to be the leading governance platform that scales… Read More

March 16, 2021 @ 9:00 am By Samantha Hurst  |  

    Student loan marketplace, College Ave Student Loans, announced on Tuesday it has completed a $385 million securitization of private student loans, its fourth securitization and largest to date. According to College Ave, the CASL 2021-A transaction was completed in February 2021 and saw… Read More

March 15, 2021 @ 2:17 pm By Samantha Hurst  |  

    KOHO, a Canada-based challenger bank that offers Canadians an alternative to traditional banking, has reportedly secured $70 million through its Series C funding round. According to BetaKit, the funding round was led by TTV Capital with participation from Drive Capital and Portag3 Ventures…. Read More

March 15, 2021 @ 12:34 pm By Samantha Hurst  |  

  upSWOT, a U.S.-based fintech platform that is seeking to help financial institutions dramatically improve their ability to service Small-Medium Business clients (SMBs), announced on Monday it raised $4.3 million through its seed funding round, which was led by Common Ocean. Founded in 2019, upSWOT states… Read More

March 15, 2021 @ 11:32 am By Samantha Hurst  |  

UK-based digital banking group Starling Bank announced on Monday it is introducing a recycled plastic debit card to support its efforts to protect the planet. According to the fintech, the Mastercard debit card to be made from recycled plastic (rPVC), and the material, which makes… Read More

March 15, 2021 @ 10:53 am By Samantha Hurst  |  

Afterpay (ASX:APT), a digital platform that offers interest-free installment plans for online purchases, announced on Monday it has joined forces with Clearpay to bring flexible payments to Southern Europe. According to the duo, Clearpay enters the Southern Europe market after its recent acquisition of Pagantis, a Spanish-based payment company…. Read More

March 15, 2021 @ 10:36 am By Samantha Hurst  |  

    MSTS, a global B2B payment company, recently announced it has rebranded to TreviPay. The company reported that the new branding reflects its role as the preferred B2B payment provider for Fortune 500 companies and small- to mid-sized businesses. TreviPay describes itself as a… Read More

March 15, 2021 @ 10:05 am By Samantha Hurst  |  

GloveBox, a U.S.-based insurtech platform, has raised $3 million through its latest investment round, which was led by Mercato Partner’s Prelude Fund with participation from Heffernan Insurance Brokers. Founded in 2019 and launched in 2020, GloveBox describes itself as a centralized mobile and web application… Read More

March 15, 2021 @ 9:55 am By Samantha Hurst  |  

InsurTech NY, a global InsurTech hub, recently announced the winners of its 2021 Early-Stage InsurTech Competition at the InsurTech Spring Conference. According to Insurtech NY, winners were selected by judging panels grouped by their background – angel investors, venture capitalists, carrier and brokers, and the… Read More

March 15, 2021 @ 7:14 am By Samantha Hurst  |  

  PowerPay, a provider of home improvement financing, recently announced it has surpassed $1 billion in loan originations following its launch in December 2019. The company reported that through its network of 7,000 home improvement contractors, it has financed more than 50,000 projects nationwide with an average project… Read More

March 14, 2021 @ 10:40 pm By Samantha Hurst  |  

    River Financial, a U.S.-based Bitcoin financial provider, recently announced it secured $12 million through its Series A funding round, which was led by Goldcrest Capital with participation from Craft Ventures, Polychain Capital, M13, Castle Island, Slow Ventures, and The Kraft Group. The investment round… Read More

March 14, 2021 @ 10:23 pm By Samantha Hurst  |  

Brane Capital., a digital asset custodian based in Canada, recently announced it has appointed former BNY Mellon President and CEO, Jerome Dwight, as its new President. According to Brane, Dwight led the BNY Mellon’s international expansion of corporate and institutional global custody and wealth management… Read More

March 14, 2021 @ 10:02 pm By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Friday its CEL token is now on the Bittrex Global Exchange. According to Celsius, the CEL token was listed on its first crypto exchange in June 2018 and is currently also trading on several decentralized exchanges. Celsius customers… Read More