Tagged: fintech

March 9, 2021 @ 1:59 pm By Samantha Hurst  |  

M1 Finance, a U.S.-based automated money management platform, announced on Tuesday it secured $75 million through its Series D funding round, which was led by Coatue. The latest investment round comes less than six months after M1 Finance raised $45 million through its Series C… Read More

March 9, 2021 @ 1:27 pm By Samantha Hurst  |  

  LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Tuesday the closing of an up to $110 million, 5-year corporate mezzanine credit facility with new partners MidCap Financial Trust (MidCap), managed by a subsidiary of Apollo Global Management,… Read More

March 9, 2021 @ 9:25 am By Samantha Hurst  |  

  Sontiq, a U.S.-based intelligent identity security (IIS) provider, announced on Tuesday it has acquired data breach intelligence fintech Breach Clarity. Sontiq reported that through the acquisition, its products, IdentityForce, Cyberscout, and EZShield, will now have the proprietary capability, BreachIQ. “BreachIQ analyzes more than 1,300… Read More

March 9, 2021 @ 8:27 am By Samantha Hurst  |  

Digital payments platform Wirex announced on Tuesday the launch of its multicurrency Mastercard debit card in the UK and EEA, as well as its new rewards program, X-tras, across the globe. Wirex reported that after reaching 75,000 people on the waitlist for the new card,… Read More

March 8, 2021 @ 1:33 pm By Samantha Hurst  |  

    PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Monday it has agreed to acquire Curv, a cloud-based infrastructure for digital asset security that is based in Israel, to accelerate and expand its initiatives to support cryptocurrencies and digital assets. Founded in 2018, Curv states… Read More

March 8, 2021 @ 12:01 pm By Samantha Hurst  |  

InterPrice Technologies, Inc., a U.S.-based early-stage debt capital markets fintech platform, announced on Monday it has raised $2.5 million through its seed funding round, which was led by Bowery Capital, with participation from Chaos Ventures, Operator Partners, and Dash Fund. InterPrice describes itself as a… Read More

March 8, 2021 @ 8:23 am By Samantha Hurst  |  

Quva, a UK-based fintech that specializes in alternative investments, announced on Monday it has launched its platform with a mission to digitally transfer the way private equity firms, venture capital funds, and angel investment networks currently manage the end-to-end investment process. Founded in 2020, Quva… Read More

March 5, 2021 @ 10:13 am By Samantha Hurst  |  

U.S.-based money experience company MX announced on Friday it has appointed Brian Kinion as its new chief financial officer. The company revealed that Kinion will oversee the company’s finance organization, including investor relations, financial planning and analysis, accounting, compensation, and deal desk. According to MX, Brian Kinion… Read More

March 4, 2021 @ 2:10 pm By Samantha Hurst  |  

Less than six months after it achieved its 20 million portfolios analyzed milestone, FinMason, a U.S.-based fintech and investment analytics provider that enables WealthTech platforms to accelerate development and time-to-market, announced on Thursday it has achieved 30 million portfolios analyzed milestone. As previously reported, FinMason claims… Read More

March 2, 2021 @ 11:14 am By Samantha Hurst  |  

    Horizon8, an Ireland-based fintech, announced on Tuesday the launch of its digital identity platform and mobile app, valid8me. According to Horizon8, valid8Me “transforms” the customer onboarding and Know Your Customer (KYC) document sourcing challenger for regulated companies across various industries, which includes accountancy,… Read More

March 2, 2021 @ 10:51 am By Samantha Hurst  |  

  PayGround, a U.S.-based healthcare fintech, announced on Tuesday it secured $4 million through its seed investment round, which was led by Triventures, a venture capital fund investing in data-driven health startups, with participation from SixThirty, which invests in early-stage fintech and insurtech enterprise technology companies…. Read More

March 1, 2021 @ 9:46 am By Samantha Hurst  |  

Mobility Capital Finance (MoCaFi), a U.S.-based mobile-first banking platform, announced on Monday it secured $12 million through its Series A funding round, which was led by Tom and Wende Hutton, with participation from Citi Impact Fund, Mastercard, 1Flourish Capital, Commerce Ventures, Founded in 2015, MoCaFi… Read More

February 26, 2021 @ 8:23 am By Samantha Hurst  |  

TrueNorth, a global fintech software development company, announced on Thursday it has formed a partnership with Mambu, a SaaS banking platform that empowers tech-forward financial institutions to design and service nearly any financial product. This latest partnership was announced just days after TrueNorth announced its… Read More

February 26, 2021 @ 8:10 am By Samantha Hurst  |  

Step, a U.S.-based financial services company built for teens and families, announced on Thursday it has crossed one million users in less than four months of its launch. Founded in 2018 and launched last year, Step describes itself as the next-generation financial services company building… Read More

February 24, 2021 @ 1:54 pm By Samantha Hurst  |  

Flybits, a Canada-based digital experience platform for financial services, recently announced the launch of its privacy-first guided opt-in experience.  Flybits reported that the experience was designed with the consumer in mind and aims to create valuable digital experiences by allowing individuals to control their personal… Read More

February 24, 2021 @ 1:41 pm By Samantha Hurst  |  

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it has closed a new committed debt facility, totaling more than $125 million. According to Petal, the new facility includes $100 million from Silicon Valley Bank (SVB), the bank… Read More

February 24, 2021 @ 12:11 pm By Samantha Hurst  |  

  Switzerland based Fintech Incubator & Accelerator F10 announced on Tuesday it has launched its first incubation program for fintechs and insurtechs in Spain. According to F10, the incubation program aims to support early-stage startups in the processor transforming their prototype into a scalable product, while… Read More

February 24, 2021 @ 10:23 am By Samantha Hurst  |  

  Linkly, an Australia-based fintech, announced on Wednesday it has appointed former Global COO of Afterpay, Frerk-Malte Feller, as its new CEO. According to Linkly, Feller previously held senior exceutive positions at eBay and PayPal.  “The company’s solutions and the recent move into online payments,… Read More

February 24, 2021 @ 8:09 am By Samantha Hurst  |  

  Brazil-based mobile payments platform RecargaPay announced on Wednesday it secured $70 million through its Series C funding round, which was co-led by IDC Ventures and Fuel Venture Capital with participation from  ATW, LUN Partners, and Experian. The funding round comes less than three years… Read More

February 23, 2021 @ 3:25 pm By Samantha Hurst  |  

  Primer, a UK-based fintech, announced on Tuesday the launch of  Primer Connect, the company’s new open app framework which enables third-parties to build connections on Primer platform. The launch of Primer Connect comes just a few months after Primer raised £14 million through its… Read More