February 3, 2021 @ 9:49 am By Samantha Hurst  |  

U.S.-based B2B fintech Tipalti announced on Tuesday  three new strategic partnerships to further modernize financial operations for growing companies. According to Tipalti, the new partners are Colu, a civic engagement platform, Fusion Partners, investment development and innovation firm, and Queue Associates, a global full-service consulting… Read More

February 3, 2021 @ 8:37 am By Samantha Hurst  |  

Visa (NYSE:V) announced on Wednesday it has formed a new partnership with First Boulevard, a digitally native neobank that is focused on building generational wealth for the Black community, to expand its digital currency roadmap. Visa reported First Boulevard will be the first to pilot… Read More

February 2, 2021 @ 3:49 pm By Samantha Hurst  |  

Noah Kerner, the CEO of micro-investing mobile app Acorns, joined CNBC’s Squawk on the Street on Tuesday to discuss the Acorns platform, along with the importance of diversification during the latest retail trading surge. During his interview, Kerner revealed that the Acorns platform has almost… Read More

February 2, 2021 @ 3:25 pm By Samantha Hurst  |  

  DealerPolicy, a U.S.-based insurance marketplace solution for dealers, announced on Tuesday it raised $30 million through its Series B funding round, which was led by 3L Capital. As previously reported, DealerPolicy claims to be the most trusted and complete digital insurance marketplace for automotive… Read More

February 2, 2021 @ 3:19 pm By Samantha Hurst  |  

MyCrypto, a U.S.-based open-source interface for digital assets, announced on Tuesday it has launched a new multi-account Ethereum wallet manager and revamped its platform. According to MyCrypto, the new platform empowers users to manage all of their Ethereum accounts in one place. “Other interfaces offer… Read More

February 2, 2021 @ 2:09 pm By Samantha Hurst  |  

  Nextech, a provider of healthcare technology solutions for specialty physician practices, announced on Tuesday it has teamed up with Stripe to deliver advanced integrated payment capabilities to Nextech’s thousands of customers. Founded in 1997, Nextech stated that Nextech Payments enables practices to accept and… Read More

February 2, 2021 @ 1:40 pm By Samantha Hurst  |  

Routefusion, a U.S.-based fintech focused on providing the easiest and fastest way for tech companies to embed cross-border payments in their applications, announced on Tuesday it raised $3.6 million through its seed investment round, which was led by Silverton Partners with participation from Initialized Capital, NextWorld Capital and William… Read More

February 2, 2021 @ 11:46 am By Samantha Hurst  |  

  BBVA announced on Tuesday it plans to invest as much as $150 million in new capital to support Propel Venture Partners (PVP), bringing its total commitment to over $400 million, including its previous investment in 2016. BBVA reported that this announcement builds on the… Read More

February 2, 2021 @ 11:09 am By Samantha Hurst  |  

RateSetter, a leading UK based peer to peer lender, announced on Tuesday that Metro Bank is purchasing its loan portfolio in line. RateSetter reported that Metro Bank has been funding all-new consumer lending following the RateSetter acquisition, which took place in September 2020. “Today’s announcement… Read More

February 2, 2021 @ 10:01 am By Samantha Hurst  |  

    Visa Inc. (NYSE: V) announced on Tuesday the launch of VisaNet +AI. According to Visa, VisaNet +AI is described as a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers, which includes delays and confusion with… Read More

February 2, 2021 @ 8:21 am By Samantha Hurst  |  

  LendingUSA, a U.S.-based fintech lender that provides loans to small businesses ranging from $1000 to $35,000, recently announced it has teamed up with Cross River Bank to open second round of Paycheck Protection Program (PPP) applications for small businesses. LendingUSA reported that small business… Read More

February 1, 2021 @ 3:55 pm By Samantha Hurst  |  

Oveo.io, a Denmark-based SaaS management platform, has secured €1 million through its pre-seed funding round from various angel investors. Founded in 2019, Oveo.io seeks to help modern IT and finance teams gain company-wide visibility into software speed and utilization. “Our SaaS Management Platform give modern… Read More

February 1, 2021 @ 3:18 pm By Samantha Hurst  |  

CHAOS, a Finland-based proptech startup, recently raised €1.5 million through its latest investment round. According to CHAOS, the round was led by Swedish investment firm Nidoco, with participation from  Kai Keituri, Tapio Heikkilä, and Stefan Lindberg (林渤方). Founded in 2017, CHAOS describes itself as an urban forecasting… Read More

February 1, 2021 @ 2:49 pm By Samantha Hurst  |  

Scalapay, an Italy-based buy now pay later provider, has reportedly secured €40 million through its latest investment round, which was led by Fasanara Capital with participation from Baleen Capital and Ithaca Investments. According to TechCrunch, the investment round is Scalapay’s fist significant funding since its launch… Read More

February 1, 2021 @ 2:06 pm By Samantha Hurst  |  

      Trov, a U.S.-based insurtech company, recently announced it has formed a new partnership with UK-based electric car rental specialist, UFODrive.  According to Trov, the partnership represents a “major milestone” for the insurtech, as it is marks the first step in a wider… Read More

February 1, 2021 @ 12:37 pm By Samantha Hurst  |  

    Bitstocks, a UK-based bitcoin market advisory and cryptocurrency investment firm, has successfully secured nearly £875,000 through its equity crowdfunding campaign on Crowdcube. The funding round launched last month and quickly secured its initial £500,000 funding target. More than 1290 Crowdcube investors have invested… Read More

February 1, 2021 @ 12:19 pm By Samantha Hurst  |  

  Blockdaemon, a U.S.-based blockchain infrastructure platform for node management, announced on Monday the acquisition of Lunie, a staking and governance platform for the management of Proof-of-Stake (PoS) blockchains. Blockdaemon reported the acquisition will significantly strengthen its existing service offering by enhancing its scope into areas… Read More

February 1, 2021 @ 11:17 am By Samantha Hurst  |  

    Nexo, a UK-based regulated financial institution for digital assets, announced on Monday the launch of its in-app cryptocurrency service, Nexo Exchange. According to Nexo, the Nexo Exchange allows immediate, no-limits conversion between more than 75 crypto and fiat currency pairs directly within the Nexo… Read More

February 1, 2021 @ 10:09 am By Samantha Hurst  |  

U.S. tech platform CURO Group Holdings Corp. (NYSE: CURO) announced on Monday it is set to acquire Canada-based point-of-sale financing and payment tech provider Flexiti. CURO reported that under the terms of the agreement, it will acquire Flexiti for cash at closing of $85 million. The… Read More

February 1, 2021 @ 9:37 am By Samantha Hurst  |  

Virgin Money recently announced it has added UK-based fintech, Codat, to its team of technology partners as it strengthens its digital business banking credentials. Virgin Money reported that Codat’s financial technology offer will play a key role in allowing a “seamless and secure” exchange of… Read More