Tagged: fintech

Irish Fintech Payslip Announces Closing of Additional $10 Million to Series A Financing Round; Brings Total Funds Raised to $14.5 Million

  Payslip, an Ireland-based global payroll management software and fintech company, announced on Tuesday it closed an additional $10 million to its Series A financing round, which brought the total funds raised to $14.5 million. MiddleGame Ventures reported led the round and Mouro Capital serving as co-lead,… Read More

Unicorn: Financial Institutions Tech Amount Secures Nearly $100 Million Through Series D Funding Round; Bringing Post-Money Valuation to $1 Billion 16 Months After Spin-Off From Avant

  Amount, a U.S.-based financial institutions tech company, announced on Tuesday it raised nearly $100 million through its Series D funding round and has achieved unicorn status by having a post-money valuation of $1 billion. Founded last year, Amount reported it delivers the technology financial institutions need to create and… Read More

Tinkoff Investment Unveils Russian Investors Activity Index

  Tinkoff Investments announced on Monday it has launched Tinkoff InvestIndex, which is described as a set of indices that represent Russian investors’ activity and sentiment. Tinkoff InvestIndex shows what securities investors are buying or selling, what industries they favour, and what currencies they are… Read More

UAE-Based BaaS Provider Nymcard Joins Visa’s Fintech Fast Track Program

NymCard, a Banking-as-a-Software (BaaS) fintech based in the UAE, announced on Monday it has joined Visa’s Fintech Fast Track program. NymCard reported it has also previously completed the Visa Ready “Issuer Processor” program that ensures the fintech’s commitment to delivering tech solutions that meet Visa’s industry-leading… Read More

Mogo Set to Acquire Canadian Broker-Dealer Fortification Capital

    Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Monday it is set to acquire Fortification Capital Inc., a Canadian registered investment dealer. According to Mogo, the acquisition will bring order execution only (OEO) registration capabilities, which… Read More

Temenos Announces Integration of Swiss Digital Asset & Blockchain Infrastructure Fintech Taurus With Core Banking Software Temenos Transact

      Temenos (SIX: TEMN), the banking software company, announced on Monday the integration of Taurus SA (“Taurus”), the Swiss digital asset and blockchain infrastructure fintech, with Temenos Transact, a next-generation core banking software. Temenos reported it collaborated with Taurus to deliver “simplified” access… Read More

Global Fintech Ibanera Teams Up With BitAML For Crypto Compliance Advisory

Ibanera, a global fintech, announced on Thursday it has teamed up with BitAML, an international compliant advisory firm for bitcoin and cryptocurrency market, for compliance advisory services. Through the collaboration, BitAML will be providing digital asset compliance consulting for Ibanera cryptocurrency-related activities. According to Ibanera, BitAML… Read More

U.S. Fintech MovoCash Teams Up With Mastercard & Coastal Community Bank to Launch On-Demand Mobile Banking App

  MovoCash, a U.S. fintech, announced on Thursday the launch of its on-demand mobile banking app, which was created through the company’s partnership with Mastercard and Coastal Community Bank. Founded in 2014, Modo describes itself as a next-generation digital bank with “powerful, secure, and fast… Read More

Canadian Digital Banking Platform Relay Secures $19.4 Million

Relay, a Canada-based digital banking platform for small businesses, announced on Thursday it raised US$19.4 million in funding, which includes US$15 million through its Series A funding round that was led by Bain Capital Ventures and seed round of $4.4 million led by Better Tomorrow… Read More

MoneyLion Joins Forces With NFP to Provide Nationwide Insurance & Financial Wellness Offerings to Members

  MoneyLion, a U.S.-based consumer digital finance platform, announced on Thursday it has teamed up with insurance broker NFP to provide its members with direct access to insurance and financial wellness offerings. MoneyLion reported that the offerings are to help its members support their financial… Read More

U.S. Fintech Stampli Secures $50 Million Through Series C Investment Round Led By Insight Partners

  Stampli, an U.S.-based fintech that is focused on AI-driven AP automation, announced on Wednesday it raised $50 million through its Series C funding round, which was led by Insight Partners with participation from SignalFire and Nextworld Capital. The latest investment round brings Stampli’s total funding to more than… Read More

Mike Cagney’s Figure Technologies Receives Regulatory Approval to Operate Alternative Trading System

Figure Technologies, a lending platform that uses blockchain technology, announced on Wednesday its subsidiary, Figure Securities, Inc. has become a FINRA-approved broker-dealer and an SEC-registered Alternative Trading System (ATS) for digital securities custody on Provenance Blockchain. As previously reported, Figure is the creation of Mike… Read More

UK Fintech Curve Announces Equity Crowdfunding Campaign on Crowdcube

    Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Tuesday it is planning to launch an equity crowdfunding campaign on Crowdcube.  As previously reported, Curve is on a mission to simplify the… Read More

Revolut Supports COVID-19 Relief Efforts For India By Temporarily Waiving Fees On Cross-Border Remittance Payments

  Digital bank Revolut announced on Monday it is temporarily waiving fees on cross-border remittance payments made to India, following the country’s latest surge in COVID-19 cases. As of this weekend, India has more than 400,000 COVID-19 cases and 7-day average of deaths more than 3,700. … Read More

Overfunding: UK AI-Powered Fintech Expend Quickly Surpasses £500,000 Target Through Seedrs Campaign

  Expend, a UK-based AI-powered fintech, has successfully secured its initial £500,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round, which recently made its debut, has already attracted more than 100 Seedrs investors. Founded in 2016, Expend claims it has steadily grown its customer… Read More

B2B Fintech Tipalti Announces Enterprise Resource Planning System Integration Expansion

  U.S.-based B2B fintech Tipalti announced on Friday it may now integrate with any Enterprise Resource Planning (ERP) system. Tipalti reported that notably ERP integrations now include Microsoft Dynamics 365 Business Central, Microsoft Dynamics NAV, Microsoft Dynamics GP, QuickBooks Desktop, Xero, Sage 50, Sage 100,… Read More

XTM Announce Full U.S. Roll-Out of the “Today” Instant Employee Payout Solution

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday the official full roll-out of the “Today” instant mobile employee payout solution in the U.S. The company revealed it has signed many restaurants, integrated with proprietary Point-of-Sale (POS) platforms,… Read More

Update: Bitpanda Secures Additional €10 Million as a Extension of Series B Funding Round

  Bitpanda, a Vienna-based digital investment platform, announced on Friday it secured an additional €10 million as an extension of its Series B investment round, which was announced last month. The investment round, which intentionally raised $170 million and increased the company’s valuation to $1.2bn as… Read More

European Fintech Tink Announces Open Bank Tech Collaboration With Tribe

    Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced earlier this week it has formed a new partnership with payments technology provider Tribe. According to Tink, the partnership will enable Tribe to combine its issuer and acquirer services, with… Read More

Mogo Announces Partnership With Fundstrat

  Mogo Inc. (NASDAQ: MOGO) (TSX: MOGO) a Canada-based digital payments and financial technology company, announced on Thursday it has teamed up with Fundstrat, to provide MogoMembers with exclusive access to crypto nd other equity research from FSInsight LLC (FSI), which is Fundstrat’s independent research firm. Mogo… Read More

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