May 12, 2021 @ 4:52 pm By Samantha Hurst  |  

  Hong Kong-based Crypto.com announced on Wednesday the launch of zero-fee Brazilian Real (BRL) bank transfers and BRL as a payment currency in the Crypto.com App. The platform also added Brazilian Portuguese to its language list.  Crypto.com reported that the integration marks the first “major step”… Read More

May 12, 2021 @ 3:05 pm By Samantha Hurst  |  

  U.S.-based digital assets firm Gemini announced on Tuesday it now has more than $30 billion in crypto under custody. Gemini reported that it more than tripled its crypto under custody since the beginning of 2021. Gemini also revealed details about other milestones it recently made: “We serve… Read More

May 12, 2021 @ 2:36 pm By Samantha Hurst  |  

  Insurtech company Ethos announced on Tuesday it secured $200 million through its Series D funding round, which was led by General Catalyst, with participation from Sequoia Capital, Accel, GV (formerly Google Ventures),  Jay-Z’s Roc Nation, and Glade Brook Capital Partners. Ethos reported that the investment round… Read More

May 12, 2021 @ 12:57 pm By Samantha Hurst  |  

  Stampli, an U.S.-based fintech that is focused on AI-driven AP automation, announced on Wednesday it raised $50 million through its Series C funding round, which was led by Insight Partners with participation from SignalFire and Nextworld Capital. The latest investment round brings Stampli’s total funding to more than… Read More

May 12, 2021 @ 12:23 pm By Samantha Hurst  |  

Figure Technologies, a lending platform that uses blockchain technology, announced on Wednesday its subsidiary, Figure Securities, Inc. has become a FINRA-approved broker-dealer and an SEC-registered Alternative Trading System (ATS) for digital securities custody on Provenance Blockchain. As previously reported, Figure is the creation of Mike… Read More

May 12, 2021 @ 12:08 pm By Samantha Hurst  |  

  TAB Bank, a full-service digital bank that services SME customers based in the U.S., announced on Wednesday it has teamed up with cloud payments and financial messaging provider Volante Technology to help provide real-time payments over the RTP network to its digital customer base.  Through… Read More

May 12, 2021 @ 11:35 am By Samantha Hurst  |  

  Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Wednesday it has teamed up with cryptocurrency cash exchange Coinme to expand access to bitcoin. According to Moneygram, the partnership will enable the cash funding and payout of digital currency purchases, as well as sales…. Read More

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

  Treasury Prime, a U.S.-based API banking platform, announced on Wednesday it secured $20 million through its Series B insider funding round, which was co-led by Deciens Capital and QED Investors, with participation from SaaStr Fund, and Susa Ventures. As previously reported, Treasury Prime states it builds APIs… Read More

May 12, 2021 @ 9:44 am By Samantha Hurst  |  

    U.S.-based fintech Broadridge Financial Solutions (NYSE:BR) announced on Wednesday it has completed the acquisition of Itiviti Holding AB (“Itiviti”), a provider of trading and connectivity technology to the capital markets industry. Broadridge notably purchased Itiviti from Nordic Capital in an all-cash transaction valued… Read More

May 12, 2021 @ 7:56 am By Samantha Hurst  |  

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Tuesday it has entered a European open banking partnership with American Express to improve the onboarding process for new cardmembers. Through the partnership, Tink will integrate open banking technology into the… Read More

May 11, 2021 @ 3:49 pm By Samantha Hurst  |  

  Fintech Unicorn and stealth bank Wise announced on Tuesday it has integrated with Google Pay to allow U.S. users to transfer funds to friends and family in India as well as Singapore. Wise reported that through the integration, all Android and iOS Google Pay users in the U.S. may send… Read More

May 11, 2021 @ 3:35 pm By Samantha Hurst  |  

  U.S.-based buy now pay later fintech Affirm announced on Tuesday the financial results of its fiscal 2021 third quarter, which ended on March 31, 2021.  According to Max Levchin, Founder and CEO of Affirm, the company’s third-quarter results reflect on the continuous progress towards… Read More

May 11, 2021 @ 2:23 pm By Samantha Hurst  |  

    Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Tuesday it is planning to launch an equity crowdfunding campaign on Crowdcube.  As previously reported, Curve is on a mission to simplify the… Read More

May 11, 2021 @ 1:05 pm By Samantha Hurst  |  

  CloudWalk, a Brazil-based payment technology network, announced on Tuesday it raised US$190 million through its Series B funding round, which was led by Coatue with participation from DST Global, FIS, The Hive Brazil, and Valor Capital. The latest investment round brings CloudWalk’s total funding raised… Read More

May 11, 2021 @ 12:04 pm By Samantha Hurst  |  

  Lili, a U.S.-based mobile banking app specifically for freelancers, announced on Tuesday it secured $55 million through its Series B investment, which was led by Group 11 with participation from Target Global and AltaIR. The investment round brings Lili’s total funding to $80 million. … Read More

May 11, 2021 @ 11:53 am 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) dipped slightly to 13.4% in April from 13.5% in March 2021. The Index also revealed that small banks’ approvals have dropped to… Read More

May 11, 2021 @ 10:35 am By Samantha Hurst  |  

OKEx announced on Tuesday the listing of SHIB, the first native crypto asset of the Shiba Inu network. According to OKEx, deposits of SHIB opened over the weekend, and the token can now be traded against USDT on the OKEx spot and perpetual swap markets…. Read More

May 11, 2021 @ 9:32 am By Samantha Hurst  |  

  Tonik, a neobanking group based in the Philippines, announced on Tuesday it secured $17 million through its Pre-Series B investment round, which was led by iGlobal Partners with participation from Sequoia India, Altara Ventures, and Insignia Venture Partners, Citius, Baring Vostok Private Equity, and… Read More

May 11, 2021 @ 8:16 am By Samantha Hurst  |  

Roostify, a U.S.-based digital lending platform, announced on Monday it has appointed Bill Elderton as its new Chief Technology Officer. Roostify reported that Elderton will oversee the design, development, and execution of the company’s innovative technology roadmap. According to Roostify, Elderton previously was Senior Vice President of Development and… Read More

May 10, 2021 @ 3:57 pm By Samantha Hurst  |  

Penfold, a UK-based digital pension solution, has successfully secured more than £3 million through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to raise a minimum of £1 million, has attracted nearly 700 Crowdcube investors so far. Launched in 2019, Penfold stated its mission… Read More