Tagged: fintech

March 15, 2021 @ 2:17 pm By Samantha Hurst  |  

    KOHO, a Canada-based challenger bank that offers Canadians an alternative to traditional banking, has reportedly secured $70 million through its Series C funding round. According to BetaKit, the funding round was led by TTV Capital with participation from Drive Capital and Portag3 Ventures…. Read More

March 15, 2021 @ 12:34 pm By Samantha Hurst  |  

  upSWOT, a U.S.-based fintech platform that is seeking to help financial institutions dramatically improve their ability to service Small-Medium Business clients (SMBs), announced on Monday it raised $4.3 million through its seed funding round, which was led by Common Ocean. Founded in 2019, upSWOT states… Read More

March 14, 2021 @ 10:40 pm By Samantha Hurst  |  

    River Financial, a U.S.-based Bitcoin financial provider, recently announced it secured $12 million through its Series A funding round, which was led by Goldcrest Capital with participation from Craft Ventures, Polychain Capital, M13, Castle Island, Slow Ventures, and The Kraft Group. The investment round… Read More

March 14, 2021 @ 10:23 pm By Samantha Hurst  |  

Brane Capital., a digital asset custodian based in Canada, recently announced it has appointed former BNY Mellon President and CEO, Jerome Dwight, as its new President. According to Brane, Dwight led the BNY Mellon’s international expansion of corporate and institutional global custody and wealth management… Read More

March 10, 2021 @ 4:52 pm By Samantha Hurst  |  

  Change, a Northern Europe-based investment app, announced on Wednesday a  a 782% increase in the price of its shares since the company began trading on global equity funding and trading platform Funderbeam. Change reported it listed a portion of their shares in November 2020 and… Read More

March 10, 2021 @ 10:32 am By Samantha Hurst  |  

  Galileo, the API standard for card issuing and digital banking, and a subsidiary of Social Finance, Inc. (SoFi) announced on Wednesday  the opening of its Latin America headquarters and innovation center in the Torre Reforma building, which is located in Mexico City As previously… Read More

March 10, 2021 @ 10:02 am By Samantha Hurst  |  

  Menufy, a commission-free, online ordering system for independently owned restaurants and small chains in the U.S., announced on Tuesday it has integrated with Square to help businesses increase their digital ordering volume. Through the integration, restaurateurs that use a Square for Restaurants point-of-sale (POS)… Read More

March 10, 2021 @ 8:01 am By Samantha Hurst  |  

  Paymynt Financial Group, a U.S.-based fintech, announced on Wednesday the launch of its MYNT PayCard, which is a multicurrency hardware wallet. The company reported that MYNT Card is a reloadable smart card that allows users to store and spend multiple currencies. Michael Rosa, CEO… Read More

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