Tagged: fintech

February 23, 2021 @ 10:33 am By Samantha Hurst  |  

    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

February 22, 2021 @ 3:45 pm By Samantha Hurst  |  

  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

February 21, 2021 @ 9:22 pm By Samantha Hurst  |  

  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

February 19, 2021 @ 7:52 am By Samantha Hurst  |  

  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

February 19, 2021 @ 7:23 am By Samantha Hurst  |  

  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

February 18, 2021 @ 10:54 am By Samantha Hurst  |  

  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

February 18, 2021 @ 8:15 am By Samantha Hurst  |  

  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

February 17, 2021 @ 9:03 am By Samantha Hurst  |  

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

February 15, 2021 @ 11:39 am By Samantha Hurst  |  

   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

February 14, 2021 @ 10:35 pm By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions (NYSE:BR) recently announced its Board of Directors has declared a quarterly cash dividend of $0.575 per share. The dividend is payable on April 2, 2021 to stockholders of record at the close of business on March 15, 2021. Broadridge claims to be a fintech… Read More

February 12, 2021 @ 8:03 am By Samantha Hurst  |  

  Kraken, a U.S.-based digital asset exchange, announced on Thursday it is backing the newly launched Kraken Ventures, an independent investment fund targeting early stage companies and protocols across the crypto and fintech ecosystem. According to Kraken, the fund will invest in the technologies powering… Read More

February 11, 2021 @ 8:22 am By Samantha Hurst  |  

  Libeo, a France-based fintech that simplifies the management and payment of supplier invoices for SMEs, announced on Thursday it secured €20 million through its Series A raise with the partners of DST Global, Serena, Breega, and LocalGlobe. Founded in 2019, Libeo claims to be… Read More

February 10, 2021 @ 9:37 am By Samantha Hurst  |  

  TomoCredit, a U.S.-based fintech that offers a credit card that’s designed to build a credit history for first-time borrowers, announced on Wednesday it secured $7 million through its seed funding round, which included participation from KB Investment Inc. (KBIC), a subsidiary of South Korea’s leading… Read More

February 10, 2021 @ 8:06 am By Samantha Hurst  |  

    Payment processing platform Klarna announced on Wednesday it is launching consumer bank accounts in Germany, with the aim to provide them with further control of their finances. Klarna reported that the launch marks a first for the company and will allow customers to easily… Read More

February 9, 2021 @ 12:24 pm By Samantha Hurst  |  

    XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday its plan to launch a direct deposit program to all of its Today cardholders. According to XTM, the Today program has been adopted and rolled out to thousands… Read More

February 9, 2021 @ 12:16 pm By Samantha Hurst  |  

  Fair, a multilingual neobank and financial services platform, announced on Tuesday it secured $20 million and is planning to open early bird membership enrollment in March, with a public launch in April.  Fair describes itself as a pro-consumer, equity-based, mobile-first alternative to traditional banking…. Read More

February 9, 2021 @ 11:02 am By Samantha Hurst  |  

    Clair, a U.S.-based social impact embedded fintech startup, announced on Tuesday the rollout of its new Mastercard debit card. The card was specifically created to provide financial wellness for American non-exempt workers.  Clair reported that users who sign up for its platform will… Read More

February 9, 2021 @ 10:25 am By Samantha Hurst  |  

    Cleareye.ai, a U.S.-based fintech that operates a artificial intelligence (AI) machine learning platform, announced on Tuesday it has joined forces with tech giant Microsoft. Cleareye.ai reported that through the partnership it will use Microsoft technology to power its products, which includes its Paycheck… Read More

February 9, 2021 @ 9:53 am By Samantha Hurst  |  

InDebted, an Australia-based fintech that specializes in digital debt collection for unsecured consumer debt, announced on Monday it has acquired Delta Outsourced Group Inc. as it prepares to expand its services to the U.S. InDebted reported that the U.S. is the fourth market it has… Read More

February 9, 2021 @ 8:30 am 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 has appointed Anju Patwardhan as a non-executive director to the Board. According to Curve, Anju brings decades of expertise and leadership in financial… Read More