Tagged: fintech

Hybrid Investment Platform Upper90 Secures $55 Million in Equity Funding Focused on E-Commerce Companies

Upper90, a U.S.-based hybrid investment platform, recently announced it raised $55 million in equity funds, which are dedicated to e-commerce businesses. According to Upper90, the new fund will invest equity in approximately 15 e-commerce companies with an emphasis on businesses that are acting as digital franchisors… Read More

Earned Wage Access Platform Even Provides More Than $2.5 Billion in On-Demand Pay for Members

  Even, an earned wage access platform designed to provide financial stability and flexibility to US employees, announced on Thursday it has provided more than $2.5 billion in on-demand pay for its members. Even reported that on-demand pay helps members cover expenses between paychecks while avoiding… Read More

Marble Financial Completes Acquisition of Canadian Fintech Inverite

  Marble Financial Inc. (CSE: MRBL; OTC: MRBLF; FSE:2V0), an AI-driven financial technology company that educates and helps Canadians better understand and manage their current cash flow and credit towards a better financial future, announced earlier this week it has closed the acquisition of Inverite Verification Inc.,… Read More

UK Fintech StepLadder Now Seeking £125,000 Through Seedrs Round

Stepladder, a UK-based fintech focused on first-time home-buying, is now seeking £125,000 through its equity crowdfunding campaign on Seedrs. Stepladder is on a mission to help first-time buyers raise money for their homes. “We are a dynamic, collaborative, diverse, and passionate team who are helping people achieve the… Read More

Cross River Announces Partnership With SeedFi For Financial Products & $50 Million Debt Financing

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

Fundbox Appoints William Corey to Board of Directors

    Fundbox, a B2B payments and credit network developed to enhance B2B commerce at scale, announced on Wednesday it has appointed William Corey to its Board of Directors. According to Fundbox, Corey has over 37 years of experience in public accounting.  He served as… Read More

U.S. Fintech Camino Financial Partners With Lendio to Provide Small Business Funding to Underserved Communities

Photo courtest velkr0 on Flickr: http://www.flickr.com/photos/velkr0/

  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

Pan-African Fintech AppZone Scores $10 Million Through Series A Funding Round Led By CardinalStone Capital Advisers

    AppZone, a Pan-African fintech software provider, announced on Monday it secured $10 million through its Series A funding round, which was led by CardinalStone Capital Advisers with participation from V8 Capital, Lateral Investment Partners, Constant Capital, and Itanna Capital Ventures. Launched in 2008,… Read More

BBVA Launches Sustainable Alternative for Products In Spain

  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

Canadian Fintech Mogo Partners With LendingClub Bank For Carta Expansion

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a Canada-based digital payments and financial technology company, announced on Thursday its wholly-owned payments platform, Carta Worldwide, is extending its U.S. market deployment with an expanded debit card issuance service offering for challenger banks. Carta has reportedly partnered with LendingClub Bank, National… Read More

Overfunding: UK Green Debit Card Tred Quickly Surpasses £400,000 Funding Target Through Crowdcube Campaign

  Tred, a UK-based green debit card, has successfully secured its initial £400,000 funding target through equity crowdfunding platform Crowdcube. The campaign has attracted more than 300 Crowdcube investors. Founded in 2019, Tred claims to be the first UK green debit card that allows users track, reduce and offset… Read More

Egyptian Fintech Paymob Raises $18.5 Million Series A Funding Round

  Paymob, a Egypt-based payment platform, has raised $18.5 million through its Series A funding round, which was reportedly led by India-based VC firm Global Ventures with participation from Egyptian investment fund A15 and Dutch development bank FMO. The investment round notably comes less than a… Read More

Brim Financial Partners With Canadian Western Bank For Platform as a Service

  Brim Financial (Brim), a Canadian fintech and certified credit card issuer, announced on Wednesday it has joined forces with Canadian Western Bank (CWB) to roll out its Platform as a Service (PaaS) and credit card infrastructure. According to Brim, the PaaS enables CWB to… Read More

U.S. Fintech Avant Acquires Zero Financial & Level

U.S. fintech Avant announced on Wednesday it has completed the acquisition of Zero Financial and neobank Level. Avant reported the acquisition of Level will allow it to expand its reach by offering digital banking experiences to its American customers. According to Avant, Level offers cashback… Read More

Future Fintech Completes $35 Million Registered Direct Offering

  Future FinTech Group Inc. (NASDAQ: FTFT), a blockchain-based e-commerce company and a service provider for financial technology. announced on Tuesday it closed the registered direct offering of 5,737,706 shares of its common stock at a purchase price of $6.10 per share on April 6, 2021. The gross… Read More

Asian Fintech BizBank Launches Corporate Expense Card in Singapore

  BizBank, an Asian fintech, has reportedly launched its corporate expense card in Singapore. Founded in 2020, BizBank revealed that it is building a ‘Bank-in-a-Box’ for SMBs.  “Using our end-to-end platform, small businesses can digitize operations and spend more time on their core activities — revenue… Read More

Tandem Bank Goes Live on Mambu’s SaaS Banking Platform

    Mambu announced on Monday that Tandem Bank is now live on its software-as-a-service (SaaS) banking platform. Mambu reported nearly a year after signing, the implementation was officially finalized, followed by a four-month beta in late 2020 and a full rollout in early February 2021…. Read More

Brazilian Fintech Cora Secures $26.7 Million Through Series A Funding Round Led By Ribbit Capital

    Cora, a Brazil-based fintech, announced on Monday it raised $26.7 million through its Series A funding round, which was led by Ribbit Capital with participation from  Kaszek Ventures, QED Investors, and Greenoaks Capital. Cora reported that with the latest round of funding, it has… Read More

U.S. Fintech Neptune Launches Non-Custodial Wallet For Cryptocurrency Holders

  Neptune, a U.S.-based fintech startup, announced on Thursday the launch of its non-custodial wallet for cryptocurrency holders. Neptune reported that the wallet offers users the ability to manage multiple currency sets tied to different mnemonic phrases, all in one stallion instance. “Wallets on the… Read More

Overfunding: Digital Wealth Creation Fintech Platform Infinity Circle Surpasses £300,000 Funding Target on Seedrs

Infinity Circle, a UK-based digital wealth creation fintech platform, has successfully surpassed its initial £300,000 through its equity crowdfunding campaign on Seedrs. The funding round, which launched in February, has attracted more than 175 Seedrs investors so far.  As previously reported, Infinity Circle is set to provide… Read More

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