September 10, 2020 @ 10:18 am By Samantha Hurst  |  

Visa Inc (NYSE: V) announced on Thursday it has extended its partnership PayPal (NASDAQ: PYPL) to the provider what it believes is faster access to funds around the world. The partnership expansion notably follows the successful launch of the Instant Transfer service across North America, as… Read More

September 10, 2020 @ 9:08 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced on Thursday it has teamed up with Boston Consulting Group (BCG) to release a new decentralized finance (DeFi) report. According to the duo, “The Sudden Rise of DeFi: Opportunities and Risks for Financial Services” explores the factors driving the… Read More

September 10, 2020 @ 8:02 am By Samantha Hurst  |  

  Exchange-traded fund provider Reality Shares announced earlier this week it has closed the exchange-traded fund “Reality Shares DIVS ETF” (NYSE: DIVY). Reality Shares reported that it will halt trading in the Fund’s shares before the open of trading on September 22nd. The Fund is… Read More

September 9, 2020 @ 3:31 pm By Samantha Hurst  |  

  Policygenius, a U.S.-based online insurance marketplace, announced on Wednesday the launch of the Policygenius Life Insurance Price Index, which displays average monthly life insurance rates using current data from leading life insurance carriers. Policygenius revealed that the index launches in tandem with Life Insurance Awareness… Read More

September 9, 2020 @ 3:11 pm By Samantha Hurst  |  

Payroc LLC and its affiliates, a leading merchant acquirer and global payment processing organization, announced on Tuesday its Canadian Integrated Payments Platform (Caledon) has partnered with NMI, a payments enablement platform, to provide a single-source solution to streamline and secure payment acceptance for ISV’s, ISOs… Read More

September 9, 2020 @ 12:05 pm By Samantha Hurst  |  

Trulioo, an on-demand global identity verification company, announced on Wednesday it has expanded its identity verification capabilities to Pakistan. This news comes less than two months after Trulioo expanded the capabilities to Vietnam. “Pakistan wants to improve its socio-economic well-being and inclusion by building a… Read More

September 9, 2020 @ 11:43 am By Samantha Hurst  |  

  Mastercard announced on Wednesday it has launched a central bank digital currencies (CBDCs) testing platform to enable central banks to assess and explore national digital currencies. According to Mastercard, CBDCs are designed to be equivalent in value to a nation’s paper currency and subject… Read More

September 9, 2020 @ 11:15 am By Samantha Hurst  |  

SoFi, one of the most successful Fintechs in the U.S., announced on Tuesday it has launched a 20-year partnership with the Los Angeles Rams as part of the inaugural season at the new SoFi stadium. SoFi reported that through the partnership it will team up… Read More

September 9, 2020 @ 9:56 am By Samantha Hurst  |  

BlueVine, an online lender and Fintech bank, announced on Wednesday it has secured a $75 million revolving credit facility from funds managed by Atalaya Capital Management, a private credit and special opportunities investment manager based in New York. The company further revealed that it provided… Read More

September 9, 2020 @ 7:50 am By Samantha Hurst  |  

Salaryo, a U.S.-based fintech platform for freelancers and startups, announced on Wednesday it raised $5.8 million through its latest investment round, which was led by Variant Investments, Dubai-based private equity fund KEN Investments, Techstars Ventures, and Michael Ullmann’s investment group, bringing its total funding to $12 million. This… Read More

September 8, 2020 @ 4:20 pm By Samantha Hurst  |  

Urban, a UK-based wellness mobile for “busy people,” has raised more than £5.57 million through its equity crowdfunding campaign on Seedrs. The funding round, which is set to close in a little over a week, was launched last month originally seeking £2 million.  As previously… Read More

September 8, 2020 @ 3:14 pm By Samantha Hurst  |  

    Credit Sesame, a personalized credit service and financial wellness company, recently announced it has launched Cash Back Offers from Sesame Cash, the company’s digital banking platform. According to Credit Sesame,  customers may now earn up to 15% cashback instantly at thousands of local and… Read More

September 8, 2020 @ 2:13 pm By Samantha Hurst  |  

Jifiti, a U.S.-based point of sale (POS) financing platform, announced on Tuesday it has joined forces with Mastercard to scale its point of sale installments offering to provide more options for consumers at checkout. Jifiti reported its platform is fully integrated using Mastercard’s Application Programming… Read More

September 8, 2020 @ 1:31 pm By Samantha Hurst  |  

Small business funding platform Biz2Credit announced on Tuesday its latest Small Business Lending Index has been released and revealed small business loan approval percentages at big banks ($10 billion+ in assets) and small banks dropped slightly in August 2020, an indication that the upward trend… Read More

September 8, 2020 @ 11:32 am By Samantha Hurst  |  

Ohpen, an Amsterdam-based fintech, announced on Tuesday it has acquired cross-border loan and mortgage Software-as-a-Service (SaaS) provider, Davinci. Ohpen reported that the acquisition will allow it to address the $300 billion global bank IT spending market as it targets international expansion. “This acquisition is a testament… Read More

September 8, 2020 @ 11:04 am By Samantha Hurst  |  

Singapore-based global cryptocurrency exchange KuCoin announced on Monday it celebrated its third anniversary. The platform revealed that as part of a celebration, it will launch a series of campaigns with very exciting prizes, including a Porsche 911, iPhone, KuCoin merchandise, and token rewards.  Founded in 2017,… Read More

September 8, 2020 @ 9:27 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday the launch of its “Boost your Business” Program, which was created to help more companies quickly and cost-effectively automate their AP. The program notably helps businesses transition to… Read More

September 8, 2020 @ 7:42 am By Samantha Hurst  |  

Thunes, a global B2B cross-border payments network, announced on Tuesday it secured $60 million through its Series B funding round, which was led by Helios Investment Partners with participation from Checkout.com, GGV Capital, and Future Shape. Founded in 2016, Thunes stated its platform provides a “seamless”… Read More

September 7, 2020 @ 8:01 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Monday the launch of its newly redesigned social shopping mobile app in the UK. According to Klarna, the app has been designed to meet the “shifting expectations” of consumers as they adapt from shopping in-store to online. “The app will… Read More

September 7, 2020 @ 7:42 am By Samantha Hurst  |  

Digital asset exchange Bitfinex announced on Friday it has made multiple improvements to the group chats feature on Bitfinex Pulse. As previously reported, Bitfinex Pulse is a social network tailored to meet the needs of crypto traders, providing Bitfinex’s growing customer base with the opportunity… Read More