Tagged: fintech

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

January 31, 2021 @ 9:29 pm By Samantha Hurst  |  

  TD Bank recently announced it has combined its previous commercial and corporate with speciality banking teams to create a new commercial bank. According to TD Bank, the commercial banking will drive growth as well as deliver a “better” client and colleague experiment and create… Read More

January 31, 2021 @ 9:21 pm By Samantha Hurst  |  

    Israel-based venture capital investment firm FinTLV recently announced it has closed its second $120 million global insurtech-fintech fund. According to FinTLV, the fund will focus primarily on global growth-stage insurtech and fintech companies “The Fund has recently made several substantial investments in leading… Read More

January 29, 2021 @ 11:25 am By Samantha Hurst  |  

  Barclays announced on Thursday the New York Class of 2021 for the Barclays Accelerator, powered by Techstars. According to Barclays, the 13-week program is designed to fast-track the next generation of fintechs. “Participating companies will collaborate with a team of Barclays executives, the Techstars… Read More

January 28, 2021 @ 3:57 pm By Samantha Hurst  |  

    Digital-only bank platform N26 announced on Wednesday it now has seven million customers across 25 markets. This news comes just days after N26 celebrated its sixth birthday. As previously reported, N26 claims it is building the first mobile bank that the world loves to use…. Read More

January 28, 2021 @ 9:44 am By Samantha Hurst  |  

  PNC Bank announced on Wednesday it has reached a definitive agreement to acquire payment gateway provider Tempus Technologies. According to PNC, the acquisition will expand the banking group’s Treasury Management’s payments platform, which enables corporate clients to manage payable and receivables through a single… Read More

January 28, 2021 @ 9:25 am By Samantha Hurst  |  

  Nubank, a Brazil-based fintech startup, announced on Thursday it raised $400 million through its Series G funding round, which attracted new investors, including GIC, Whale Rock and Invesco, along with former investors such as Sequoia, Tencent, Dragoneer, and Ribbit.  As previously reported, Nubank was founded… Read More

January 28, 2021 @ 7:53 am By Samantha Hurst  |  

  U.S.-based fintech Broadridge Financial Solutions announced on Thursday the launch of its new Environmental, Social and Governance (ESG) advisory services. According to Broadridge, the service will help corporate issuers and asset managers improve sustainability strategies while effectively positioning their ESG programs with stakeholders. Broadridge… Read More

January 27, 2021 @ 4:30 pm By Samantha Hurst  |  

Ibanera, a global fintech, announced on Tuesday it has joined forces with digital asset platform Fireblocks to enhance its crypto service offering.  Ibanera reported that its platform provides account issuance, cross-border transfers, and currency exchange services to both corporate and retail customers. Through the collaboration, Ibanera… Read More