Tagged: fintech

Irish Fintech Horizon8 Launches Digital Identity Vault Solution “valid8Me”

    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

Healthcare Fintech PayGround Secured $4 Million Through Seed Funding Round Led By Triventures

  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

Mobile-First Banking Platform MoCaFi Secures $12 Million Through Series A Funding Round

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

Global Fintech Software Developer TrueNorth Announces New Partnership With Mambu

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

U.S. Financial Services Startup Step Surpasses One Million Users in Less Than Four Months

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

Canadian Digital Financial Service Platform Flybits Launches Privacy-First Guided Opt-in Experience

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

Petal Closes $125 Million Debt Facility From SVB & Trinity Capital

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

F10 Launches First Incubation Program for Fintechs & Insurtechs in Spain

  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

Australian Fintech Linkly Appoints Former AfterPay COO Frerk-Malte Feller As New CEO

  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

Brazil-Based Mobile Payments Platform RecargaPay Attracts $70 Million Through Series C Funding Round Co-Led By IDC Ventures & Fuel Venture Capital

  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

UK Fintech Primer Launches Open App Framework “Primer Connect”

  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

Digital Banking Group Penta Tops Series B+ Investment; Now Amounts to €30 Million

    Digital banking group Penta announced on Tuesday it has topped up its Series B+ investment round. The company reported the total investment now amounts to €30 million. As previously reported, Penta describes itself as a digital platform for business banking that is aimed… Read More

Digital Wealth Creation Fintech Platform Infinity Circle Now Seeking £300,000 Through Seedrs Campaign

  Infinity Circle, a UK-based digital wealth creation fintech platform, is now seeking a minimum of £300,000 through its equity crowdfunding campaign on Seedrs. Founded in 2018, Infinity Circle is set to provide the “highway” to exclusive opportunities otherwise only usually available to the ultra-rich…. Read More

U.S. Fintech FormFree Announces Expansion of Income & Employment Verification to Cover 85% of Working Americans

  FormFree, a U.S.-based fintech, announced on Friday it has expanded its AccountChek 3n1 (3n1) asset, employment and income verification service, to now cover 85% of U.S. workers whose employers utilize a payroll processing service, representing over 100 million wage earners. Founded in 2008, FormFree describes… Read More

Scotiabank Unveils AI-Driven Technology to Improve the Customer Experience

  Canadian banking group Scotiabank announced earlier this week the launch ofC.MEE, which is described as a new technology that uses big data and artificial intelligence (AI) to enable even better customer experiences (CX) with the bank’s platform.  According to Scotiabank, C.MEE uses the banking… Read More

Deutsche Bank Partners With Southeast Asia’s 2C2P to Launch Payments Platform in Thailand

  Deutsche Bank (XETRA: DBKGn.DB /NYSE: DB) announced on Thursday it has joined forces with Southeast Asia’s 2C2P to launch a digital payments platform in Thailand. The banking group reported that through 2C2P’s platform,  corporate clients in Thailand will be able to maximize their business… Read More

Marqeta Announces Rollout of Comprehensive Card Issuing Capabilities With New Credit Card Platform

  Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Thursday its expansion into the consumer credit card market to support businesses that want to launch modern credit card programs.  Marqeta revealed its credit card issuing platform… Read More

Varo Bank Announces Engagement With NBA Player & Entrepreneur Russell Westbrook, Raises $63 Million

  Digital banking group Varo Bank announced on Thursday an extensive engagement with Russell Westbrook, nine-time NBA All-Star, NBA MVP, entrepreneur, philanthropist, and designer. Varo Bank reported that Westbrook is now an investor as well as an advisor.  He will have direct input into the future direction… Read More

Global Fintech Software Developer TrueNorth Announces New Partnership With Tech Company Codat

TrueNorth, a global fintech software development company, recently announced it has formed a new partnership with Codat, a technology company that connects the internal systems of small businesses to financial institutions, including fintechs. According to TrueNorth,  the collaboration provides Codat’s FI clients with direct access… Read More

Irish All-in-One Payment Platform BlueSnap Expands Global Operations With New European Headquarters & EU Board Appointment

   BlueSnap, an Ireland-based all-in-one payment platform that helps B2B and B2C businesses around the world increase sales and reduce costs, recently announced it has opened a new office in Dublin as the fintech firm expands its global operations. Founded in 2001, BlueSnap states it… Read More

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