Tagged: financial technology

November 20, 2022 @ 1:55 pm By Omar Faridi  |  

Galileo Financial Technologies, LLC, a financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), announced that its API-enabled financial technology powers Pomelo, a new charge card that “allows families in the U.S. to build and extend their credit access abroad without… Read More

October 20, 2022 @ 6:07 pm By Omar Faridi  |  

ZSuite Tech, a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial clients, announced Manasquan Bank successfully deployed ZEscrow, the industry’s “first” completely digital commercial escrow solution, and ZRent, an automated rent and… Read More

September 15, 2022 @ 5:51 pm By Omar Faridi  |  

Bottomline, a provider of financial technology that makes business payments simple, smart, and secure, recently announced its acquisition of Nexus Systems, a provider of accounts payable (AP) and payments automation software “for the real estate and property management industries.” The Nexus procure-to-pay (P2P) solution “takes… Read More

February 2, 2022 @ 2:18 am By Omar Faridi  |  

Fintech Australia has introduced a third resource for the industry, publishing a new map outlining Fintechs in the local ecosystem. Following on from regulatory and investor maps, the ecosystem map from Fintech Australia offers a detailed overview of Fintech platforms currently in this market. The… Read More

July 5, 2021 @ 11:33 am By Priyanka Pani  |  

Apollo Global Management, Inc. (Apollo) has acquired a 24.9% stake in a Fintech-focused private equity firm, Motive Partners’ (Motive) management company, for an undisclosed amount. However, industry experts value the deal at $1 billion. With this, Apollo and its affiliates would become limited partners in… Read More

April 14, 2021 @ 11:44 am By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Wednesday it has joined forces with financial health startup SeedFi. Cross River reported it will be powering SeedFi’s new Credit Builder and Borrow & Grow plans through its… Read More

April 14, 2021 @ 8:14 am By Samantha Hurst  |  

  Camino Financial, a U.S.-based fintech that is seeking to provide affordable credit and financial products for underserved small businesses, announced on Wednesday it has teamed up with Lendio to provide small business funding to underserved communities, specifically for Black and Latinx communities.  Founded in 2014,… Read More

April 12, 2021 @ 7:45 am By Samantha Hurst  |  

  BBVA recently announced it is offering a sustainable alternative for its products in Spain for both individuals and companies. According to BBVA, the solutions are designed to respond to society’s growing demand and to help customers make the best financial decisions that also help… Read More

March 30, 2021 @ 10:54 am By Samantha Hurst  |  

  Marble, a U.S.-based digital wallet and loyalty platform for insurance, announced on Tuesday it is dropping its waitlist and opening its platform to any U.S. policyholder. The launch comes less than two months after Marble raises $2.5 million through its seed financing round.  Founded… Read More

September 14, 2020 @ 11:40 am By Samantha Hurst  |  

Flaist, a U.S.-based fintech startup, announced on Monday the launch of its new AI tool, Eva, which helps credit unions, community, and regional banks better serve their existing customers and compete for new customers with larger financial institutions. Flaist stated it is on a mission… Read More

August 26, 2020 @ 1:50 pm By Samantha Hurst  |  

Just six months after announcing it secured $35 million through its Series B funding round, payments infrastructure platform Finix announced it has extended the funding round and raised a total of $75 million. Sequoia Capital led the round, with participation from Acrew Capital, Bain Capital… Read More

August 12, 2020 @ 2:57 pm By Samantha Hurst  |  

Routable, a U.S.-based fintech startup, announced on Wednesday it raised $12 million through its Series A funding round, which involved participation from Founders Co-op, Y Combinator, Box Group, and Liquid 2 Ventures. Founded in 2017, Routable claims to be the simplest way to send and receive business-to-business… Read More

August 12, 2020 @ 11:26 am By Samantha Hurst  |  

Mastercard announced on Wednesday the expansion of its Accelerate fintech portfolio by adding entrepreneurs to its startup engagement program Start Path and more technology partners to its Engage network. The additions are to provide access to expert engineers and specialists that may help customers deploy new services… Read More

August 10, 2020 @ 12:17 pm By Samantha Hurst  |  

Invest Hong Kong (InvestHK) announced on Monday its new Global Fast Track Program, which is a business-driven program within Hong Kong Fintech Week (HKFW). According to InvestHK, the Fast Track program plugs fintech enterprises directly into Hong Kong’s diverse ecosystem of world-class regulators, business leaders,… Read More

August 10, 2020 @ 11:10 am By Samantha Hurst  |  

Billtrust, a fintech firm focused on B2B payment cycle management, announced on Monday the launch of its Business Payments Network (BPN) 3.0, which offers support for ACH and wire. According to Billtrust, the new version gives network participants the “flexibility” to automatically transact through the… Read More

July 29, 2020 @ 10:16 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has formed a partnership with global identity verification provider, Onfido, to speed up, simplify, and unify its Digital Identity and Know Your Customer (KYC) processes. “By integrating… Read More

July 28, 2020 @ 1:15 pm By Samantha Hurst  |  

UK-based challenger bank Tide has teamed up with UK fintech DueDil to further improve its account opening experience. The partnership will reportedly see Tide using DueDil’s company intelligence platform, providing insights on over 50 million companies worldwide, to speed up mandatory Know Your Customer (KYC)… Read More

July 28, 2020 @ 10:38 am By Samantha Hurst  |  

Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has appointed former PayPal executive, Scott Weller, as its first CFO.  According to AltFi, Weller has worked across the U.S., Asia, and Europe. He also was previously… Read More

July 28, 2020 @ 9:38 am By Samantha Hurst  |  

True Link Financial, a U.S.-based fintech that is focused on financial services among senior citizens, people with disabilities, and recovered addicts, announced on Tuesday it secured $35 million through its Series B funding round, which was led by Khosla Ventures and Centana Growth Partners. Founded… Read More

July 21, 2020 @ 2:39 pm By Samantha Hurst  |  

Funding Societies, one of the largest peer-to-peer (P2P) lending platforms in Southeast Asia, announced on Tuesday it was named the winner of a Silver Stevie Award last week in the Innovation in Technology category in the seventh annual Asia-Pacific Stevie Awards. The online lender claims… Read More