Tagged: fintech trends

July 30, 2023 @ 11:36 am By Omar Faridi  |  

Poshmark claims it is a “leading” social marketplace for new and secondhand style for women, men, kids, pets, home, and more. Poshmark says that it “prioritizes a best-in-class buying experience that is smooth and stress-free for their customers, making Affirm’s Adaptive Checkout — which delivers… Read More

July 29, 2023 @ 2:36 pm By Omar Faridi  |  

Klarna, the AI powered global payments network and shopping destination, has today announced its partnership with iconic British department store Liberty, “with its flexible and interest-free payment options now available online.” The partnership will aim to “help Liberty’s customers save time and money and worry… Read More

July 29, 2023 @ 11:47 am By Omar Faridi  |  

Cross River Bank, a New Jersey State chartered FDIC-insured bank known for its diversified commercial real estate (CRE) lending program and deep market experience, announced the closing of the second quarter, “totaling over $66 million in loans year-to-date.” Additionally, the team reports that it “saw… Read More

July 29, 2023 @ 10:07 am By Omar Faridi  |  

As a follow-up to the recent webinar Envestnet hosted with open banking experts around the world, we caught up with Lisa Novier, Head of Governance, Risk & Compliance at Envestnet Data and Analytics. Envestnet claims it has been at the forefront of open banking adoption… Read More

July 28, 2023 @ 7:26 pm By Omar Faridi  |  

Jeeves, a financial operating system built for global companies, backed by investors including Andreessen Horowitz (a16z), CRV, and Tencent, has expanded its product offering to include prepaid cards and cross-border payments. Jeeves launched publicly 22 months ago “with corporate credit cards as its initial product… Read More

July 28, 2023 @ 1:54 pm By Omar Faridi  |  

Trintech, a global provider of cloud-based financial close solutions for the Office of the CFO, today announced its acquisition of Frontier Reconciliation and Accurate Reconciliation from Fiserv (NYSE: FI), a global provider of fintech and payments solutions. Serving customers across multiple verticals including financial services,… Read More

July 28, 2023 @ 10:27 am By Omar Faridi  |  

Croissant, a Fintech platform with a mission to empower intentional commerce, launched today with $24 million in seed funding from a suite of top investors, including Portage and KKR co-founders George Roberts and Henry Kravis. Initial funding was used “to accelerate Croissant’s MVP launch via… Read More

July 27, 2023 @ 8:30 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) and Microsoft Corp. (Nasdaq: MSFT), recently announced Microsoft’s integration of PayPal’s Pay Later solution in the U.S., U.K., Australia, Germany, France, Spain, and Italy. In addition, customers in the U.S. will soon “have the option to pay with Venmo in… Read More

July 27, 2023 @ 8:26 pm By Omar Faridi  |  

Inside Addepar, a recap of key Addepar platform updates, research insights and client, partner and company developments, has shared that in July 2023, the firm introduced new product enhancements, which include “scheduling for daily reports and customizable charts in Navigator.” The Addepar Research team published… Read More

July 27, 2023 @ 2:29 pm By Omar Faridi  |  

Moves, the banking app built exclusively for gig workers, today announced a partnership with Astra, the all-in-one platform for faster payments, to offer members real-time transfers using Visa Direct, Visa’s real-time push-to-card payments platform. As the U.S. gig economy continues to grow, there is “a… Read More

July 27, 2023 @ 1:22 am By Omar Faridi  |  

Netbank, the Filipino embedded finance platform, is plessed to announce its strategic partnership with Pays0, a dynamic payments company, to offer seamless funds disbursement services through a cutting-edge application programming interface (API). This collaboration proves the opportunities in the Filipino payments market and marks a… Read More

July 26, 2023 @ 8:43 pm By Omar Faridi  |  

  Travis Everett, Chief Operating Officer (COO) of National Merchants Association (NMA), has shared key insights with Crowdfund Insider on FedNow, the new instant payments and transfer service offered by the US Federal Reserve. The new service became operational this past week, with 35 financial… Read More

July 26, 2023 @ 10:53 am By Omar Faridi  |  

Sygnum and SATO Technologies are renewing this innovative green financing solution to grow the global ecosystem of carbon-neutral crypto miners. Sygnum provides cash loans “to green crypto miners who pledge a pre-defined portion of their computational mining power, then sells the mined coins to repay… Read More

July 26, 2023 @ 7:52 am By Omar Faridi  |  

Revolut, the global financial super-app with more than 30 million customers globally, consistent with its ongoing mission to give customers more control over their finances and connect people seamlessly across the world, announces it is “offering accounts to non-US citizens in the US, who do… Read More

July 26, 2023 @ 6:46 am By Omar Faridi  |  

For the first time, DriveWealth says it is expanding the range of tradeable asset classes on its platform: their partners can now “build options trading experiences all within their investing APIs.” Equity options have “grown in popularity with retail investors over the past decade, largely… Read More

July 25, 2023 @ 11:21 pm By Omar Faridi  |  

One year after launching its marketplace, Nubank (NYSE:NU), one of the world’s largest digital financial services platforms, is partnering with the traditional retail chain Casas Bahia in order “to implement a new shopping experience in its app.” Now, Nu customers will “have an even more… Read More

July 25, 2023 @ 10:23 pm By Omar Faridi  |  

The Mass Fintech Hub, a public-private partnership dedicated to making the state a global leader in fintech, announced expansion of its membership, adding eight new organizations. With the newest additions, which include Boston University, Wolf & Company, P.C. and BankProv, the collaborative has “welcomed nearly… Read More

July 25, 2023 @ 6:38 pm By Omar Faridi  |  

Chime is pleased to announce that Madhu Muthukumar has joined the company as our first Chief Product Officer (CPO). This appointment furthers Chime’s commitment “to creating the next wave of innovative products and services critical to their members’ needs and their long-term success as we… Read More

July 25, 2023 @ 4:25 pm By Omar Faridi  |  

Climate engagement solution, ecolytiq, is partnering with cloud banking platform Mambu to make scalable, effective climate action solutions easily accessible for financial institutions. ecolytiq’s climate engagement product suite “will be available on the Mambu marketplace that serves 110 million end users.” The partnership will offer… Read More

July 25, 2023 @ 7:24 am By Omar Faridi  |  

Freebirds World Burrito, home of Texas’ “No. 1” Burrito, has partnered with DailyPay– the provider of on-demand pay. As a “best-in-class” employer, Freebirds World Burrito continues “to improve its employee benefits package in an effort to prioritize employee happiness, adding the financial wellness benefit of… Read More