September 30, 2020 @ 3:23 pm By Samantha Hurst  |  

Alkami Technology, Inc. (Alkami), a cloud-based digital banking solutions provider for banks and credit unions, announced on Tuesday it secured $140 million through its latest investment round, which was led by D1 Capital Partners. As previously reported, Alkami was founded in 2009 and provides a… Read More

September 30, 2020 @ 3:13 pm By Samantha Hurst  |  

Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday the availability of its Workers’ Compensation offering to 24 additional states across the nation, which includes Alabama, Iowa, Louisiana, and Virginia. “Workers’ Compensation is essential not only for high-risk jobs like those in… Read More

September 30, 2020 @ 2:57 pm By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Wednesday it appointed Ron Suber, President Emeritus of Prosper Marketplace, and a leading fintech investor, to the Yieldstreet Board of Directors. As previously reported, Ron Suber is one of the better-known names… Read More

September 30, 2020 @ 2:07 pm By Samantha Hurst  |  

iCapital Network, a fintech providing access to alternative investments, announced on Wednesday as part of the recent closing of its acquisition of Artivest, it had divested its right to acquire a private client team to AlphaCore Wealth Advisory. iCapital reported it also took ownership of factorE, a… Read More

September 30, 2020 @ 11:55 am By Samantha Hurst  |  

Noyo, a U.S.-based API platform for improving the speed and accuracy of health insurance data exchange, announced earlier this week it raised $12.5 million through its Series A funding round, which was led by Costanoa Ventures and Spark Capital, with participation from Homebrew, Fika Ventures,… Read More

September 30, 2020 @ 11:36 am By Samantha Hurst  |  

Bittrex, a cryptocurrency exchange based in the U.S., announced on Wednesday it received a full Class F Digital Assets Business Act license to operate its digital asset platform under the supervision of the Bermuda Monetary Authority (BMA). Bittrex reported that the Bermuda-based entity will provide… Read More

September 30, 2020 @ 10:52 am By Samantha Hurst  |  

Alfa Bank announced on Wednesday it has formed a new partnership with Silicon Valley accelerator, Plug and Play. Alfa reported that through the collaboration, it is expanding its contacts to fintech startups on a global scale.  Plug and Play describes itself as a global innovation… Read More

September 30, 2020 @ 10:00 am By Samantha Hurst  |  

Capitalize, a U.S.-based transfer retirement assets platform, announced on Tuesday it raised $2 million through its latest seed investment round, which was led by early-stage venture fund Bling Capital, with additional investors include Greycroft, RRE Ventures, and Walkabout Ventures. The company states that its platform… Read More

September 30, 2020 @ 9:51 am By Samantha Hurst  |  

Adlumin, a security and compliance automation platform,  announced on Tuesday it secured $6 million through its Series A round of funding led by Leawood Venture Capital with participation from various other institutional sources, including The Independent Community Bankers of America (ICBA). Founded in 2016, Adlumin… Read More

September 30, 2020 @ 8:19 am By Samantha Hurst  |  

Cryptocurrency exchange bitFlyer announced on Tuesday the launch of cross-border trading on its platform. bitFlyer reported that its users in Europe will be able to have access to bitcoin markets in Japan, while still using a European-regulated platform. Launched in 2018, bitFlyer describes itself as… Read More

September 29, 2020 @ 3:11 pm By Samantha Hurst  |  

U.S. fintech BluePenguin Payments, Inc. announced on Tuesday it has expanded its partnership with API-based payments platform Galileo Financial Technologies. Founded in 2018, BluePenguin Payments provides an electronification of a business customers’ accounts payable. The company’s commercial customers use our FinTech platform to convert a… Read More

September 29, 2020 @ 2:25 pm By Samantha Hurst  |  

AeroPay, a U.S.-based alternative payments platform, announced on Tuesday the closing of a seed round to accelerate its growth. The investment round was led by Continental Investors, a direct private investment firm leveraging more than 70 years of investing expertise in financial services and commerce. Founded… Read More

September 29, 2020 @ 2:01 pm By Samantha Hurst  |  

Online lending exchange LendingTree (NASDAQ: TREE) announced on Tuesday the launch of a series of new features for My LendingTree users to help consumers better manage their financial lives. The launch of the latest features comes six months after LendingTree launched a free identity monitoring… Read More

September 29, 2020 @ 1:40 pm By Samantha Hurst  |  

  Jumio, a U.S.-based AI-powered end-to-end identity verification and eKYC solutions provider, announced on Tuesday it has acquired the AML platform from Beam Solutions, a San Francisco-based startup focused on transaction monitoring and KYC. Jumio reported it will integrate Beam’s suite of AML solutions into… Read More

September 29, 2020 @ 12:26 pm By Samantha Hurst  |  

Waves.Exchange, a global cryptocurrency exchange, announced on Tuesday the launch of Decentralized Forex (DeFo) a new trading model powered by stablecoins. The platform will support seven currency-pegged digital assets at launch, which are USDN, EURN, JPYN, CNYN, RUBN, UAHN, and NGNN. Waves.Exchange also revealed all… Read More

September 29, 2020 @ 11:04 am By Samantha Hurst  |  

Global blockchain payments provider BitPay announced on Tuesday the results of a study conducted by leading research and advisory firm Forrester Consulting, titled Total Economic Impact Of Accepting Bitcoin Using BitPay. The study, which was commissioned by BitPay, examines the cost savings and business benefits enabled… Read More

September 29, 2020 @ 10:45 am By Samantha Hurst  |  

  U.S.-based cryptocurrency exchange PayBito recently announced it has experienced a record 300% surge in Crypto traders visiting the platform in the past three months. PayBito reported that while improving its crypto portfolio, it has been widely expanding its operations in various locations. Lately, the… Read More

September 29, 2020 @ 9:31 am By Samantha Hurst  |  

FinMason, a U.S.-based fintech and investment analytics provider that enables WealthTech platforms to accelerate development and time-to-market, announced on Tuesday it has analyzed over 20 million portfolios for clients since launching its analytics API service in 2017. FinMason claims to be the world’s largest independent… Read More

September 29, 2020 @ 7:25 am By Samantha Hurst  |  

Nexi, an Italy-based paytech, announced on Tuesday it has formed a new partnership with UK fintech Ebury. Through the partnership, Ebury will join Nexi Open and Nexi’s partner banks will be able to offer their clients the full suite of Ebury services, which includes international… Read More

September 28, 2020 @ 4:30 pm By Samantha Hurst  |  

Snoop, a UK-based smart money mobile app, has secured its initial £5 million funding target through its Seedrs campaign. The funding round recently made its debut and quickly attracted more than 1,070 Seedrs investors. Founded in 2019 by Jayne-Anne Gadhia, a former executive at digital… Read More