January 12, 2021 @ 2:59 pm By Samantha Hurst  |  

  Biz2Credit announced on Tuesday its latest Small Business Lending Index reported small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.2% in November to 13.1% in December, an indication that the challenges for small business owners in need of… Read More

January 12, 2021 @ 1:50 pm By Samantha Hurst  |  

  Integrated payments platform Paysafe announced on Monday it has formed a new partnership with BetWildwood, which is the official online sportsbook of Wildwood Casino in Colorado. According to Paysafe, this collaboration will see BetWildwood integrate Paysafe’s payments technology, as well as, Income Access, Paysafe’s… Read More

January 12, 2021 @ 11:29 am By Samantha Hurst  |  

  B-North, a UK-based business lending company, announced on Tuesday it has further strengthened its top team with four major appointments, including a new HR Director and Treasurer. The hires mark a continuation of the firm’s growth as they accelerate towards their launch. B-North reported… Read More

January 12, 2021 @ 11:08 am By Samantha Hurst  |  

SellersFunding, a global financial platform provider, announced on Tuesday the closing of a momentous receivables funding program with European alternative asset manager Fasanara Capital. According to SellersFunding, the multi-currency deal will allow for up to $100 million in funding across USD, GBP, EUR, and CAN… Read More

January 12, 2021 @ 10:43 am By Samantha Hurst  |  

  Modern Treasury, a U.S.-based payment operations software provider, announced on Tuesday it secured $38 million Series B funding round, which was led by Altimeter Capital with participation from Benchmark and Y Combinator. Modern Treasury states that it enables its clients to marry bank statements… Read More

January 12, 2021 @ 9:30 am By Samantha Hurst  |  

Artis Technologies, a U.S.-based fintech that provides lending solutions for businesses, announced on Tuesday it has entered into a new bank funding partnership with Drummond Community Bank for its Artis Credit platform. According to Artis, the funding will fulfill consumer loans originating through the company’s… Read More

January 12, 2021 @ 9:18 am By Samantha Hurst  |  

  Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Monday it secured $95 million as part of its Series C investment round. According to Curve, the round was led by IDC Ventures, Fuel… Read More

January 12, 2021 @ 8:20 am By Samantha Hurst  |  

  Mastercard announced on Monday the launch of its Mastercard Trust Center. According to Mastercard, the Mastercard Trust Center helps small businesses defend their most important assets, their business and reputation, through free online access to trust cybersecurity research, education, resource, and tools. “Quite often… Read More

January 11, 2021 @ 4:11 pm By Samantha Hurst  |  

    Nav, a U.S.-based financing platform for small businesses, announced on Monday it has launched its Paycheck Protection Program (PPP) Application Portal. According to Nav, the portal is to help small businesses quickly apply for the new round of PPP loans. “The Nav PPP… Read More

January 11, 2021 @ 3:16 pm By Samantha Hurst  |  

Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, announced on Monday it has officially completed its acquisition of cryptocurrency platform, Vigor Crypto Holdings.  As previously reported, Xalles notably claims that Vigor Crypto has been enhancing its cryptocurrency trading… Read More

January 11, 2021 @ 2:48 pm By Samantha Hurst  |  

  Jassby, Inc., a U.S.-based family finance mobile app startup, has successfully raised more than $2.9 million through its SeedInvest funding round. As previously reported, Jassby stated it has developed the “next big payment system” that offers families a service through which kids may receive… Read More

January 11, 2021 @ 2:29 pm By Samantha Hurst  |  

Carverter, a UK-based company that enables customers to find & lease the perfect hybrid or electric vehicle (EV), has successfully secured its initial £2 million funding target through its equity crowdfunding campaign on Seedrs. Founded in 2018, Carverter claims it offers every single make and… Read More

January 11, 2021 @ 12:52 pm By Samantha Hurst  |  

BTCS Inc. (OTCQB: BTCS), a U.S.-based digital asset and blockchain technology-focused company, announced on Monday the latest update of its business and digital asset portfolio. Founded in 2013, BTCS claims to be one of the first U.S. publicly traded companies focused on digital assets and… Read More

January 11, 2021 @ 11:28 am By Samantha Hurst  |  

Altruist, a fully-integrated digital investment platform for financial advisors, announced today it has closed an additional round of funding through its latest investment round, which will accelerate its mission of disrupting the custodial offering for independent advisors. According to Altruist, the investment round was led… Read More

January 11, 2021 @ 9:52 am By Samantha Hurst  |  

Mastercard has partnered with NMI and Global Payments Inc. to launch its first live Cloud Tap on Phone pilot with independent IT services provider, Computer Engineering Group (CEG). Mastercard reported that Cloud Tap on Phone is one of its innovative next generation acceptance products, with the software hosted… Read More

January 11, 2021 @ 8:51 am By Samantha Hurst  |  

  Following the tragic event at the Capitol Building last Wednesday, U.S.-based fintech Stripe has reportedly stopped processing payments for President Donald Trump’s campaign website. According to WSJ, a source close to the situation stated that Stripe is cutting off the campaign account for violating… Read More

January 10, 2021 @ 11:04 pm By Samantha Hurst  |  

  EverUp, a UK-based prize-linked savings mobile app, is set to close its equity crowdfunding campaign on Crowdcube with more than £360,000 secured. The funding round launched last month, originally seeking £150,000 and has already attracted nearly 545 Crowdcube investors.  As previously reported, EverUp’s mission… Read More

January 10, 2021 @ 10:49 pm By Samantha Hurst  |  

  UFODRIVE, a Luxembourg-based car rental company, is now seeking £1.5 million through its equity crowdfunding campaign on Seedrs. Founded in 2018, UFODRIVE claims to be the world’s fastest and easiest car rental experience, using a 100% electric fleet. “Leading the electric revolution, UFODRIVE now… Read More

January 10, 2021 @ 10:20 pm By Samantha Hurst  |  

ALAMI, an Indonesia-based peer-to-peer lender, has reportedly finalized more than $10 million through its Series A funding round. According to DealStreetAsia, the investment round was led by AC Ventures. Founded in 2017, ALAMI describes itself as a peer-to-peer finance platform that connects funders to SMEs. “We… Read More

January 8, 2021 @ 11:14 pm By Samantha Hurst  |  

  RateSetter, a leading UK based peer to peer lender, is reportedly telling investors that starting at the end of January 2021, it will no longer process any new transfer-in ISAs requests from other providers. According to P2PFinance News, the online lender stated it will… Read More