Tagged: financial

U.S. Financial Service Buckle Acquires Gateway Insurance Company

Buckle, a U.S.-based financial services group, announced on Wednesday it has Gateway Insurance Company (Gateway), including its 47 state insurance licenses. According to Buckle, Gateway was formerly an indirect subsidiary of Atlas Financial Holdings, Inc. (Atlas), which provides auto insurance to the light commercial automobiles market… Read More

American Express Receives Clearing License in Mainland China

American Express (NYSE: AXP) announced over the weekend it secured a clearing license in the midland of China. According to the credit card giant, Express (Hangzhou) Technology Services Company Limited (Express Company)  received approval from the People’s Bank of China (PBOC) for the license and… Read More

Almond Impact Set to Close Crowdcube Round With More Than £540,000 in Funding Secured

Almond Impact, a UK-based environmental startup, is set to close its equity crowdfunding campaign on Crowdcube with more than £540,000 raised. The campaign was launched last month, originally seeking £500,000. As previously reported, Almond claims to be the first app that empowers anyone to become… Read More

UK Startup Almond Impact Surpasses £500,000 Funding Target on Crowdcube For Mobile Financing App that Helps Individuals & Businesses Reduce Carbon Footprints

Almond Impact, a UK-based environmental startup, has successfully secured its initial £500,000 funding target through its Crowdcube campaign. The company launched the funding round at the beginning of May and is offering 11.54% in equity at a £3,976,200 pre-money valuation. So far, the campaign has… Read More

IBM Joins Forces With Fenergo to Tackle Financial Crime

Ireland-based fintech Fenergo announced on Tuesday it has joined forces with IBM (NYSE: IBM)  to fight financial crime. The duo signed an original equipment manufacturing (OEM) agreement that will allow the companies to collaborate on solutions that can help clients address the multitude of financial risks they… Read More

Plug and Play Amsterdam Announces New Programs Focused on Smart Cities & Financial Services

Plug and Play Amsterdam reportedly held a Soft Launch for its new Smart Cities and Financial Services programs last Wednesday at the Johan Cruijff ArenA. According to Plug and Play, the event brought in more than 80 attendees including six startups and over 30 corporate… Read More

Mastercard Announces Completion of Transfast Acquisition

Mastercard announced on Tuesday the completion of the acquisition of Transfast, a global payments company with significant cross-border network reach. Mastercard reported that it originally declared the intent to buy Transfast earlier this year and that the acquisition builds on its strength in payments and… Read More

Mastercard Announces Expansion of Digital Identity Commitment With Samsung

Mastercard (NYSE: MA) announced on Tuesday it will team up with Samsung to explore and offer a new way for consumers to conveniently and securely verify their digital identity on mobile devices. While sharing more details about the collaboration, Ajay Bhalla, president of cyber &… Read More

AvidXchange Launches Accounts Payable Automation to More Than 500 Community Management Companies & 50,000 Homeowners Associations

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Wednesday it has launched accounts payable automation with its AvidXchange Strongroom product to more than 500 community management companies and 50,000 homeowners associations (HOAs). According to AvidXchange, the… Read More

NatWest Set to Trial New Personal Finance Mobile App

UK banking group NatWest announced on Monday it is set to trial its new personal mobile app, Mimo. According to NatWest, Mimo has been designed to help customers save time, save money and enjoy financial peace of mind. It will help customers budget, remind them of… Read More

Square Introduces Debit Card for Businesses

Payment process platform Square announced on Thursday the launch of its new debit cards for businesses. Square reported that the Square Card is a free business debit card designed to help business owners more effectively manage cash flow by providing immediate access to their balance, which is… Read More

Mastercard Drops Name to Evolve Brand Mark

Mastercard announced on Monday it is dropping its name from its iconic brand mark in select contexts. The financial giant reported that the interlocking red and yellow circles, which is referred to as the Mastercard Symbol, will now stand on its own across cards using the… Read More

Fiserv Completes Acquisition of Elan Financial Services’ Third Party Debit Processing Solutions

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Wednesday it has completed its acquisition of the debit card processing, ATM Managed Services and MoneyPass surcharge-free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB). The acquisition, which was announced… Read More

Update: goHenry’s Latest Crowdcube Round Set to Close With Nearly £6 Million in Funding

With its latest equity crowdfunding campaign on Crowdcube set to close later this evening, UK-based digital banking solution goHenry will complete the funding round with nearly £6 million from more than 3300 investors. goHenry’s financial services, which is a debit card and app, is geared for the digital… Read More

Update: goHenry’s Latest Funding Round Surpasses £5.7 Million During the Final Days on Crowdcube

UK-based digital banking solution goHenry is set to close its latest equity crowdfunding campaign on Crowdcube with more than £5.7 million from over 3,000 investors. The latest funding round made its debut on the funding platform at the beginning of September and quickly secured its initial £2 million funding target…. Read More

Update: GoHenry Surpasses £5 Million Just Days After Latest Equity Crowdfunding Campaign Goes Public on Crowdcube

Just days after publically launching its latest equity crowdfunding campaign on Crowdcube, digital banking solution goHenry has successfully secured more than £5 million from over 2100 investors. The funding round made its debut last month and quickly raised its initial £2 million before making its public launch. As previously… Read More

Digital Asset Prime Dealer Lumina Announces Launch of Services & $4 Million Seed Funding Round

Lumina, a digital assets prime dealer and financial platform, announced on Wednesday the launch of its service following the company securing $4 million in seed funding. Lumina reported that its mission is to help family offices and hedge funds around the world gain exposure to… Read More

Russia’s Sberbank Now Offering Loans Without Proof of Income Through New Pilot Project

Russian bank Sberbank announced last week the launch of its new pilot project that will allow loans to be issued without proof of income. The bank reported that up to RUB 300,000 will be given per loan. Speaking about the project, Sergey Shirokov, Managing Director… Read More

goHenry Returns to Crowdcube & Quickly Secures £4.5 Million in Funding

Digital banking solution goHenry has not only successfully secured its initial £2 million funding target through its latest equity crowdfunding campaign on Crowdcube and is now nearing £4.6 million. The initiative has attracted nearly 1500 investors. As previously reported, goHenry was created by a group of parents that wished to help the… Read More

Personal Financial Platform Even Secures $40 Million Through Latest Investment Round

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Even, a U.S.-based personal finance platform, announced this week it secured $40 million through its latest round of funding, which was led by  Keith Rabois of Khosla Ventures, with participation from Valar Ventures, Allen & Company, Harrison Metal, Ron Conway, Silicon Valley Bank, and BCVP…. Read More

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