Tagged: fintech

GoHenry’s New Report Reveals: U.S. Kids Contributed $24.3 Billion to the Economy During the COVID-19 Pandemic

UK-based digital banking solution goHenry announced earlier this week the release of its annual U.S. Youth Economy Report, which revealed how the past year has transformed the money habits of Gen Z and Gen Alpha. According to the report, American kids and teenagers earned an impressive $27.2 billion… Read More

Galileo Unveils Neobank Fortú to Serve the Latino Community

  Galileo, the API standard for card issuing and digital banking, and a subsidiary of Social Finance, Inc. (SoFi), announced on Thursday the launch of Fortú, a neobank serving the needs of the Latino community. According to Galileo,  Fortú is focused on building culturally contextual… Read More

Virgin Money Joins Forces With Trade Ledger For New Business Banking Proposition

  Virgin Money announced on Thursday it has joined forces with Trade Ledger, a fintech specializes in data-driven lending technology, to build on its business banking proposition. According to Virgin Money, Trade Ledger is a tech provider for commercial banking and financial services. It supports banks… Read More

Curve Brings Back Limited Edition 18g Red Metal Curve Cards to Existing & New Customers

  Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Wednesday the return of its limited edition 18g Red Metal Curve cards to existing and new customers. Curve reported that the Red Metal Card… Read More

U.S. Fintech Step Secures $100 Million Through Series C Funding Round & Surpasses 1.5 Million Users Less Than Six Months in Market

  Step, a U.S.-based financial services company built for teens and families, announced on Tuesday it raised $100 million through its Series C investment round, which was led by General Catalyst, with participation from returning investors Coatue, Stripe, Charli D’Amelio, The Chainsmokers’ Mantis VC, Will… Read More

Plug and Play Opens New Office in Seoul, Korea

  Global accelerator program Plug and Play announced on Tuesday the launch of its new office in Seoul, Korea. Plug and Play reported its Korea division will primarily focus on corporate innovation in the areas of Financial Services (Fintech, Insurtech, and Health) and Smart Cities (Mobility &… Read More

U.S. Fintech Current Announces New Collaboration With YouTube Creator & Philanthropist Jimmy Donaldson aka MrBeast

  Current, a U.S.-based fintech, announced on Monday its new partnership and investment with Jimmy Donaldson, aka MrBeast, a YouTube creator and philanthropist. According to Current, the partnership will give Donaldson a new platform to engage and give back at an even larger scale to… Read More

U.S. Fintech Janover Now Seeking Funds Through RegCF Campaign on StartEngine

Janover Inc., a U.S.-based fintech that specializes in access to commercial real estate and small business financing, is now seeking funds through its RegCF campaign on StartEngine. The latest funding round comes less than a year after Janover raised $714,052 through its Republic campaign. Founded… Read More

U.S. Fintech Unifimoney Unveils Premium Investment Choice Credit Card With Rewards Paid as Crypto, Gold or Equity

Unifimoney Inc., a U.S.-based premium digital money management platform, announced earlier this week the launch of the Unifi Premier credit card, offering customers the choice to redeem their rewards as Bitcoin, Gold or Equity. The company revealed it partnered with Railsbank to launch the card,… Read More

Milestone: BitGo Surpasses $700 Million of Total Crime/Excess Specie Insurance Capacity

      BitGo, a digital asset financial services provider, announced earlier this week it has surpassed $700M of total Crime/Excess Specie insurance capacity. The company reported that in 2020, it claims it became the first digital asset custodian to offer clients the ability to… Read More

Fintech Investors Take a Look at B2B’s Future During UK Fintech Week 2021

Fintech

    Fintech investors took to the stage of UK Fintech Week 2021 on Wednesday to take a closer look at the development of business-to-business (B2B) fintechs. The breakout session’s description reads: “FinTech has proved its resilience in a time of crisis, and B2B FinTechs,… Read More

Buy Now Pay Later Fintech Affirm Announces Acquisition of Returnly For Approximately $300 Million

    U.S. fintech Affirm announced on Wednesday it has acquired Returnly, online return experiences, and post-purchase payments platform, for approximately $300 million. According to Affirm, Returnly serves more than 1,800 merchants, has helped process more than $1 billion in returns, and has been used by over… Read More

Financial Advisor Tech Platform CircleBlack Teams Up With Robertson Stephens to Launch Wealth Management Digital Hub

CircleBlack, a U.S.-based startup that provides financial advisors with technology that aggregates data, integrates other financial applications, announced on Thursday it has teamed up with Robertson Stephens, a nationally registered investment advisor (RIA), the launch its wealth management digital hub. CircleBlack reported that its  capabilities allow advisors… Read More

U.S. Payment Fintech Tribal Credit Scores $34.3 Million Through Series A Funding Round Led By QED Investors & Partners For Growth

  Tribal Credit, a U.S.-based payment fintech, announced on Wednesday it secured $34.3 million through its Series A funding round, which was led by QED Investors and Partners for Growth with participation from BECO Capital, Global Ventures, OTG Ventures, Endure Capital, and Endeavor Catalyst. Founded in… Read More

Mexico-Based Fintech Credijusto Announces Acquisition of Data Analytics Platform Visor

    Credijusto, an SME lending platform that is based in Mexico, announced on Wednesday the acquisition of Visor, a data analytics and digital factoring platform. According to Credijusto, Visor has analyzed over 15,000 companies in Latin America. Additionally, the company’s services have been used by… Read More

Russian Fintech Tinkoff Launches Buy Now Pay Later Service Dolyame.ru

    Russian banking group Tinkoff announced on Wednesday the launch of its buy now pay later service, Dolyame.ru. According to Tinkoff, Dolyame.ru allows customers to split purchases into four equal parts. Much like other buy now pay later services, customers just need to cover… Read More

U.S. Fintech FirstClose Announces Acquisition of HomeScout

U.S.-based fintech FirstClose announced on Tuesday it has acquired HomeScout, a real estate technology provider. According to FirstClose, HomeScout will bring together various services to the mortgage and title industries, including purchase and portfolio business solutions, lead generation, lead qualification, agent match, monitoring, and a… Read More

BitGo Announces Acquisition of Financial Platform Lumina; Unveils Wallet Platform “BitGo Portfolio & BitGo Tax”

BitGo, a digital asset financial services provider, recently announced it has acquired Lumina, a financial platform for managing digital assets. BitGo reported that with the acquisition, it introduced its next-generation wallet platform: BitGo Portfolio: Clients can now bring data from any exchange or wallet into a single dashboard… Read More

Stripe launches “Stripe Issuing” in Europe

U.S.-based fintech Stripe announced on Monday it is launching Stripe Issuing in Europe. The feature will be available in 20 countries across the continent, including  Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain,… Read More

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

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