Tagged: fintech

May 13, 2021 @ 9:29 am By Samantha Hurst  |  

  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

May 12, 2021 @ 12:57 pm By Samantha Hurst  |  

  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

May 12, 2021 @ 12:23 pm By Samantha Hurst  |  

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

May 11, 2021 @ 2:23 pm By Samantha Hurst  |  

    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

May 10, 2021 @ 1:02 pm By Samantha Hurst  |  

  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

May 10, 2021 @ 9:32 am By Samantha Hurst  |  

  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

May 9, 2021 @ 10:25 pm By Samantha Hurst  |  

  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

May 7, 2021 @ 10:41 pm By Samantha Hurst  |  

  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

May 7, 2021 @ 2:02 pm By Samantha Hurst  |  

  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

May 7, 2021 @ 1:40 pm By Samantha Hurst  |  

    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

May 7, 2021 @ 7:53 am By Samantha Hurst  |  

  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

May 6, 2021 @ 10:25 pm By Samantha Hurst  |  

    Prominent Fintech venture capital firm QED Investors announced on Thursday it has closed a $12 million network-driven fund to support both seed and pre-seed fintech startups in Latin America. QED reported that the fund will expand its reach across geographies, business models, and teams…. Read More

May 6, 2021 @ 10:17 pm By Samantha Hurst  |  

    Toast, a U.S.-based restaurant management fintech platform, announced on Thursday it has appointed Elena Gomez as CFO. Toast reported in the role, Gomez will lead its finance organization and will be responsible for accounting, treasury, financial planning and analysis, and business operations. According to… Read More

May 6, 2021 @ 8:58 am By Samantha Hurst  |  

Digital payments platform Wirex announced on Thursday the migration of a fifth of its native token, the Wirex Token (WXT), from the Stellar Network to the Ethereum blockchain. Wirex reported that following the launch of WXT just two years ago, it will move 20% of the total… Read More

May 5, 2021 @ 2:57 pm By Samantha Hurst  |  

Moven, a U.S.-based financial wellness platform provider, announced on Wednesday it has appointed its former CFO, Rich Radice, as its new CEO. According to Moven, Radice has been on the company’s team for almost four years and over the past decade he has focused on providing executive… Read More

May 5, 2021 @ 1:11 pm By Samantha Hurst  |  

  NextCar Holding Company Inc. (NXCR), a fintech and insurtech vehicle subscription platform, announced on Wednesday it has partnered with data analytics and consumer intelligence provider J.D. Power to bring proprietary data solutions, vehicle valuation, and consumer sunlight to support and strengthen its vehicle subscription… Read More

May 3, 2021 @ 3:45 pm By Samantha Hurst  |  

Mastercard announced on Monday it welcomed six startups to its Mastercard Start Path program. The startups were notably dedicated to building blockchain-based payments solutions and also designing sustainable lending platforms. As previously reported, Start path is an engagement program is dedicated to fintech innovators that… Read More

May 3, 2021 @ 1:55 pm By Samantha Hurst  |  

Financial Technology Association (FTA), a trade body for the technology-centered financial services industry, announced on Monday that Klarna, Truework, Nium, and Sezzle have become its newest members. As previously reported, FTA said it believes the successful integration of Fintech solutions in the American financial system… Read More

May 3, 2021 @ 10:38 am By Samantha Hurst  |  

  Canada-based fintech and global digital investing service Wealthsimple announced on Monday it raised CAD$750 million through its latest investment round and now has a post-money valuation of CAD$5 billion. According to Wealthsimple, The round is led by Meritech and Greylock, with participation from DST… Read More

April 30, 2021 @ 1:40 pm By Samantha Hurst  |  

  Moven, a U.S.-based financial wellness platform provider, announced earlier this week it has formed a new partnership with UAE-based fintech solution consultancy, Centre Systems Group (CSG). the partnership will notably help expand Moven’s global footprint. According to Moven, CSG is an influential technology company… Read More