Community banks are navigating a rapidly changing financial landscape shaped by AI, data, and evolving customer expectations. Join EY and Fintech Sandbox on June 22 for an evening of conversation exploring how banks, startups, and investors are working together to drive meaningful innovation while maintaining… Read More
Netcapital Inc. (NCPL, NCPLW), a Boston-based Fintech in the online investment sector, says it is making significant strides in democratizing private capital markets. Through a series of acquisitions and platform enhancements announced in recent press releases, the company is reinforcing its mission to empower entrepreneurs… Read More
Home equity sharing has emerged as an alternative for homeowners seeking to access their property’s value without incurring excessive debt or monthly payments. Among the key players in this space is Hometap, a Boston-based fintech company recognized for its innovative approach to home equity investments… Read More
Juro, a contract automation platform leveraging artificial intelligence, has announced the opening of its US headquarters in Boston. This move aims to strengthen its presence in its largest market, accelerate growth, and enhance support for its US customer base. Founded in London in 2016, Juro… Read More
Digital Onboarding, the SaaS company helping more than 100 financial institutions deepen their customer relationships, announced it closed a $58 million growth investment from Boston-based growth equity firm Volition Capital. The investment follows secular growth for Digital Onboarding as banks and credit unions increasingly “seek… Read More
Socotra, the “next-generation” core platform provider for modern insurers, together with Ledgebrook, an InsurTech MGA focused on the excess and surplus (E&S) market, announced the launch of Ledgebrook’s new platform, powered by Socotra Connected Core. The end-to-end platform empowers Ledgebrook “to redefine speed and service… Read More
Immuta, a data security provider, announced new vulnerability risk assessment and dynamic query classification capabilities for the Immuta Data Security Platform. These new features “enable customers to promptly identify and prioritize security gaps, protecting sensitive data based on the context and sensitivity levels.” When combined… Read More
Cybereason, the XDR company, announced a $100 million investment led by SoftBank Corp. to support the company’s global growth and advance its innovation in XDR, EDR, and EPP solutions. In addition, Cybereason announced that Eric Gan will “serve as the company’s new CEO, subject to… Read More
The Commonwealth of Massachusetts recently became the 43rd state to pass legislation authorizing remote online notarization (RON). Signed into law by Governor Maura Healey and effective on January 1, 2024, the legislation expands access “to online notarization — and the Notarize platform — to all… Read More
TMX Group Limited (TSX:X) announced that it has agreed to acquire Boston-based Wall Street Horizon, Inc. (WSH), a provider of global market-moving action and global corporate event data. Jay Rajarathinam, Chief Operating Officer, TMX Group, said: “TMX Group is committed to serving the evolving needs… Read More
Backbase, a global player focused on Engagement Banking, announced an expanded relationship with Eastern Bank, a Boston-based financial institution with approximately $22 billion in assets. Eastern is “adopting Backbase-as-a-Service (BaaS) and Backbase’s Engagement Banking Platform, which will offer enhanced digital banking solutions.” The solutions Eastern… Read More
Fairmarkit, the automated sourcing platform that is transforming the procurement of goods and services for enterprises, announced a $35.6 million Series C investment, “bringing its total funding to date to $78 million.” The investment round was “led by OMERS Growth Equity with participation from investors… Read More
DraftKings Inc. (Nasdaq: DKNG) has partnered with Metabilia, a memorabilia and NFT company operating at the forefront of physical and digital collectibles, which will “become the latest NFT supplier on DraftKings Marketplace.” The collaboration introduces “Membership NFTs” for fans “to chronicle the careers of top… Read More
Aliaswire, a provider of digital payment and credit solutions for businesses and financial institutions, and Nacha have revealed that Aliaswire will be joining the Phixius Peer-to-Peer Network for the exchange of payment-related data. Established and operated by Nacha, the Phixius Peer-to-Peer Network enables participants to… Read More
We recently caught up with Chris Gonsalves, CEO at Community Gaming, a platform that combines social gaming, match automation, and blockchain payment technology to make organizing and competing in esports tournaments simple. Chris talked about how Community Gaming allows players to earn crypto and USD… Read More
AI-based auto finance platform Lendbuzz has raised a total $360 million investment in part debt and equity. The US-based fintech started by two Israeli entrepreneurs –Amitay Kalmar and Dan Raviv, has raised $60 million in Series C equity financing led by Wellington Management, Goldman Sachs… Read More
Building on over a year of “unprecedented” collaboration among Massachusetts’ financial professionals, Fintech entrepreneurs, investors, government executives, elected officials, and members of the academic community, the Massachusetts Fintech Working Group, a network of 27 leaders representing key industries, have introduced the Mass Fintech Hub, a… Read More
Fundrise, a real estate investment platform using Reg A+ to provide access to “eREITs and eFunds,” notes that their annual letter to investors (released in January 2021) had revealed that they rang in 2021 with an updated version of their proprietary fund infrastructure, “enabling the… Read More
Forward Financing, a Fintech firm that aims to offer “flexible” and revenue-based financing to SMBs, revealed recently that it has provided $1 billion in funding since its inception back in 2012. According to Forward Financing, the majority of this funding has been allocated towards “underserved”… Read More
Payments platform Adyen (AMS:ADYEN) notes that the COVID-19 outbreak has accelerated consumers’ adoption of digital platforms and services. Technically “timid” grandparents have also become a lot more comfortable with video conferencing in a post COVID world, the Adyen team writes in a blog post. People… Read More
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
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