March 2, 2021 @ 9:49 am By Samantha Hurst  |  

Payment company Square Inc (NYSE:SQ) announced on Monday its industrial bank, Square Financial Services, has begun operations after completing the charter approval process with the Federal Deposit Insurance Corporation (FDIC) and the Utah Department of Financial Institutions. According to Square, Square Financial Services is an… Read More

March 2, 2021 @ 8:15 am By Samantha Hurst  |  

Codat, a UK-based technology company that connects the internal systems of small businesses to banks, fintechs, and other financial institutions, announced on Tuesday it received strategic investments from PayPal Ventures and American Express Ventures. According to Codat, American Express Ventures and PayPal join the previous… Read More

March 1, 2021 @ 3:30 pm By Samantha Hurst  |  

ZELF, a neobank that provides financial services through online messengers, has reportedly secured $2 million through its pre-seed funding round, which was led by Austrian venture capital fund 3VC, with Seed X and Hard Yaka  Founded in 2017, ZELF claims to be the first bank… Read More

March 1, 2021 @ 3:12 pm By Samantha Hurst  |  

    U.S. fintech Affirm recently announced plans for the Affirm Card, the first U.S. debit card to have direct access to pay-over-time functionality. According to Affirm, the Affirm Card will allow consumers to pay upfront, from their bank account, or pay later, by using a unique… Read More

March 1, 2021 @ 2:58 pm By Samantha Hurst  |  

Together Price, a European sharing network, is set to close its equity crowdfunding campaign on Crowdcube with nearly €540,000 raised. The funding round launched last month originally seeking €200,000 and has so far attracted 2355 Crowdcube investors. Founded in 2017, Together Price describes itself as a digital identity… Read More

March 1, 2021 @ 1:19 pm By Samantha Hurst  |  

  Volkswagen Financial Services UK (VWFS), part of Volkswagen AG, has partnered with Scrive and Onfido to launch their next-generation digital financing solution for UK dealerships. According to Volkswagen, Scrive’s electronic signature service and Onfido’s digital identity verification services are integrated into the new process for verifying customer identity… Read More

March 1, 2021 @ 11:42 am By Samantha Hurst  |  

  First Boulevard, a digitally native neobank that is focused on improving the financial livelihood of Black America, announced on Monday it raised $5 million through its latest seed funding round, which saw investments from a group of leading financial services investors including Barclays and… Read More

March 1, 2021 @ 10:38 am By Samantha Hurst  |  

  Integrated payments platform Paysafe announced on Monday it has expanded its partnership with North American online rent payment platform RentMoola. According to Paysafe, the partnership will allow  RentMoola to add Paysafecash eCash alternative payment method to better serve U.S. tenants whose payment preference is… Read More

March 1, 2021 @ 9:46 am By Samantha Hurst  |  

Mobility Capital Finance (MoCaFi), a U.S.-based mobile-first banking platform, announced on Monday it secured $12 million through its Series A funding round, which was led by Tom and Wende Hutton, with participation from Citi Impact Fund, Mastercard, 1Flourish Capital, Commerce Ventures, Founded in 2015, MoCaFi… Read More

March 1, 2021 @ 8:17 am By Samantha Hurst  |  

    Virgin Money announced on Monday it is expanding its partnership with fintech data expert platform Life Moments. Virgin Money reported the expanded partnership will focus on the development of the “sustainability elements” that it will offer to its business banking customers. Life Moments has… Read More

March 1, 2021 @ 8:03 am By Samantha Hurst  |  

  Payment processing and global retail banking platform Klarna announced on Monday it secured $1 billion through its equity funding round to accelerate international expansion and further capture global retail growth. Klarna revealed that the round, which subscribed four times the amount it originally sought to raise, included… Read More

February 28, 2021 @ 10:23 pm By Samantha Hurst  |  

  Lumio, a UK-based personal financing app, is now nearing £700,000 in funding raised through its equity crowdfunding campaign on Crowdcube. The investment round, which originally sought to raise a minimum of £250,000, has already attracted more than 870 Crowdcube investors so far. As previously reported,  Lumio describes… Read More

February 28, 2021 @ 10:14 pm By Samantha Hurst  |  

  BlockDox, a UK-based proptech, is set to close its equity crowdfunding campaign on Seedrs with nearly £400,000 raised. The funding round was launched last month, originally seeking £125,000, and has attracted more than 280 Seedrs investors. As previously reported, BlockDox describes itself as a data science… Read More

February 28, 2021 @ 10:01 pm By Samantha Hurst  |  

  Repay Holdings Corporation (NASDAQ: RPAY), a U.S.-based provider of vertically-integrated payment solutions, recently announced it has formed a strategic partnership with Protego Technologies Limited, an Ireland-based consultancy that helps extend technology departments and developer teams with specialized talent and project management. The new partnership… Read More

February 28, 2021 @ 9:48 pm By Samantha Hurst  |  

  Block.one, a U.S.-based blockchain software developer, recently announced it has joined the LACChain, a global alliance led by the Inter-American Development Bank Group (IDB Lab) to accelerate the development of an open and interoperable blockchain ecosystem in Latin America and the Caribbean. LACChain reported that… Read More

February 26, 2021 @ 9:47 pm By Samantha Hurst  |  

Circulo, a U.S.-based insurtech, recently announced it secured $50 million through its Series A funding round, which was co-led by Drive Capital and General Catalyst.  Circulo reported it is building the Medicaid insurance company of the future to provide tech-enabled, world-class care to the nation’s… Read More

February 26, 2021 @ 9:30 pm By Samantha Hurst  |  

  Biz2Credit announced earlier this week it supports Biden-Harris Administration’s changes to the Paycheck Protection Program (PPP). The company claims that the changes will promote more equitable access to funding for small businesses in need of funding during the COVID-19 pandemic. Biz2Credit further revealed it has… Read More

February 26, 2021 @ 1:42 pm By Samantha Hurst  |  

  Zelros, a French insurtech platform, announced earlier this week it secured $11 million through its Serie A funding round, which was led by BGV with participation from ISAI Cap Venture, and Plug and Play. The investment round brings the company’s funding to $16.5 million…. Read More

February 26, 2021 @ 1:32 pm By Samantha Hurst  |  

  Zabo, a U.S.-based financial data aggregator for cryptocurrency accounts, announced on Thursday its integration with Money Dashboard. Zabo reported that the integration will enable Money Dashboard’s more than 600,000 users to view their cryptocurrency accounts alongside their bank accounts. “Money Dashboard is using Zabo… Read More

February 26, 2021 @ 8:23 am By Samantha Hurst  |  

TrueNorth, a global fintech software development company, announced on Thursday it has formed a partnership with Mambu, a SaaS banking platform that empowers tech-forward financial institutions to design and service nearly any financial product. This latest partnership was announced just days after TrueNorth announced its… Read More