Tagged: fintech

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

February 8, 2021 @ 12:00 pm By Samantha Hurst  |  

  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

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

  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

February 5, 2021 @ 9:24 pm By Samantha Hurst  |  

  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

February 4, 2021 @ 10:15 am By Samantha Hurst  |  

    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

February 4, 2021 @ 9:33 am By Samantha Hurst  |  

  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

February 3, 2021 @ 1:33 pm By Samantha Hurst  |  

  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

February 3, 2021 @ 11:28 am By Samantha Hurst  |  

  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

February 3, 2021 @ 10:41 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 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

February 3, 2021 @ 9:49 am By Samantha Hurst  |  

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

February 2, 2021 @ 1:40 pm By Samantha Hurst  |  

Routefusion, a U.S.-based fintech focused on providing the easiest and fastest way for tech companies to embed cross-border payments in their applications, announced on Tuesday it raised $3.6 million through its seed investment round, which was led by Silverton Partners with participation from Initialized Capital, NextWorld Capital and William… Read More

February 2, 2021 @ 11:46 am By Samantha Hurst  |  

  BBVA announced on Tuesday it plans to invest as much as $150 million in new capital to support Propel Venture Partners (PVP), bringing its total commitment to over $400 million, including its previous investment in 2016. BBVA reported that this announcement builds on the… Read More

February 2, 2021 @ 10:01 am By Samantha Hurst  |  

    Visa Inc. (NYSE: V) announced on Tuesday the launch of VisaNet +AI. According to Visa, VisaNet +AI is described as a suite of AI-powered services that address long-standing challenges and pain points for banks, merchants and consumers, which includes delays and confusion with… Read More