Tagged: fintech

Broadridge Announces Quarterly Dividend of $.0575 Per Share

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

Kraken Announces Launch of Independent Investment Fund For Crypto & Fintech Companies

  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

French B2B Payments Specialist Libeo Raises €20 Million Through Series A Funding Round

  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

U.S. Fintech TomoCredit Secures $7 Million Through Seed Funding Round

  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

Klarna Milestone: Unveils First Banking Account in Germany

    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

XTM Announces Plans to Launch Direct Deposit For Today Cardholders

    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

U.S.-Based Neobank & Financial Services Platform Fair Secured $20 Million; Announces Early Bird Access & Official Public Launch

  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

Social Impact Embedded Fintech Clair Unveils Mastercard Debit Card; Seeks to Provide Free Wage Advances to Hourly Workers

    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

U.S. Fintech Cleareye.ai Joins Forces With Microsoft for AI Platform

    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

Australian Fintech InDebted Announces Expansion into the U.S. Market Through Acquisition of Delta Outsource Group

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

UK Fintech Curve Appoints Former CreditEase Managing Partner Anju Patwardhan As Non-Executive Director to the Board

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

U.S. Fintech FINTECH.TV Closes Multimillion Dollar Strategic Investment Round Led By Brand Capital International

  FINTECH.TV, a U.S.-based fintech specialized in impact investing and digital asset media network for broadcast, over-the-top (OTT), and digital distribution, announced on Monday it recently closed a multimillion-dollar (USD) strategic investment round, which was led by strategic investment arm for India-based Bennett Coleman & CO.,… Read More

Global Financial Platform Provider SellersFunding Launches Cross-Border E-Commerce Payments System

  SellersFunding, a global financial platform provider, announced last week the release of its streamlined cross-border eCommerce payments system to help online merchants avoid hefty currency conversion fees and payment fees for sales in the UK and EU. Sellersfunding reported that as a solution, it… Read More

Mexico-Based Fintech Flink Raises $12 Million Through Series A Investment Round Led By Accel & ALLVP

  Flink, a Mexico-based fintech, announced this week it raised $12 million through its Series A funding round, which was led by Accel and ALLVP with participation from Raptor Financial Group, Clocktower Ventures, Kevin Efrusy, and Oskar Hjertonsson, Founded in 2017, Flink claims to be… Read More

Connected Account Startup Lockstep Secures $10 Million Through Series A Funding Round Led By Point72 Ventures

    Lockstep, a U.S.-based connected accounting cloud, announced on Wednesday it secured $10 million through its Series A funding round, which was led by Point72 Ventures with participation from Clocktower Ventures and Revel Partners. Founded in 2019, Lockstep stated it has helped more than 180… Read More

Mogo’s Subsidiary Carta Worldwide Set to Expand into Japan

  Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a Canada-based digital payments and financial technology company, announced on Thursday its wholly-owned subsidiary, Carta Worldwide, has expanded into Japan in support of the TransferWise launch of its multi-currency debit card in the country. According to Mogo, Carta’s modern open-API issuer… Read More

U.S. Fintech Startup Balance Launches Digital Checkout Platform for B2B Businesses

  U.S. fintech Balance announced on Wednesday it has officially launched its digital checkout platform specifically for B2B business. Founded in 2020, Balance describes itself as a B2B payments experience company and through its platform, any merchant, marketplace, or SaaS company that sells goods and services… Read More

Israel-Base Fintech TenureX Kicks Off Pre-Seed Financing Round With $1 Million Investment from VentureIsrael

  TenureX, an Israel-based fintech startup, announced on Wednesday it has kicked off its pre-seed financing round by accepting a $1 million investment from VentureIsrael. According to TenureX, VentureIsrael will be partnering with previous investors Plug and Play and Hack VC. Founded in 2020, TenureX… Read More

Galileo Update: Galileo Instant Experiences Rapid Instant Growth Six Months Since Launch

    Galileo, the API standard for card issuing and digital banking, and a subsidiary of Social Finance, Inc. (SoFi) announced on Wednesday there has been significant growth and increased demand for its new product, Galileo Instant, in its first six months on the market. Galileo… Read More

B2B Fintech Tipalti Announces New Partnerships with Colu, Fusion Partners, & Queue Associates

U.S.-based B2B fintech Tipalti announced on Tuesday  three new strategic partnerships to further modernize financial operations for growing companies. According to Tipalti, the new partners are Colu, a civic engagement platform, Fusion Partners, investment development and innovation firm, and Queue Associates, a global full-service consulting… Read More

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