Tagged: fintech

January 13, 2021 @ 10:03 am By Samantha Hurst  |  

  U.S.-based money experience company MX announced on Wednesday it has raised $300 million in a Series C funding round led by a $150 million investment from TPG Growth with additional participation from new and existing investors including CapitalG, Geodesic Capital, Greycroft, Cota Capital, Canapi Ventures, Digital Garage, Point72… Read More

January 13, 2021 @ 8:16 am By Samantha Hurst  |  

  B2B fintech-as-a-service provider Rapyd announced on Wednesday it secured $300 million through its Series D financing round, which was led by Coatue with participation from Spark Capital, Avid Ventures, FJ Labs, Latitude, General Catalyst, Oak FT, Tiger Global, Target Global, Durable Capital, Tal Capital,… Read More

January 12, 2021 @ 4:52 pm By Samantha Hurst  |  

Relay Payments, a U.S.-based fintech, announced on Tuesday it raised $43 million in funding over the past six months as it continues to “transform” payment processing within the supply chain industry.  Relay Payments describes itself as an end-to-end payment solution that takes the frustration out… Read More

January 12, 2021 @ 9:30 am By Samantha Hurst  |  

Artis Technologies, a U.S.-based fintech that provides lending solutions for businesses, announced on Tuesday it has entered into a new bank funding partnership with Drummond Community Bank for its Artis Credit platform. According to Artis, the funding will fulfill consumer loans originating through the company’s… Read More

January 12, 2021 @ 9:18 am By Samantha Hurst  |  

  Curve, a banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, announced on Monday it secured $95 million as part of its Series C investment round. According to Curve, the round was led by IDC Ventures, Fuel… Read More

January 11, 2021 @ 8:51 am By Samantha Hurst  |  

  Following the tragic event at the Capitol Building last Wednesday, U.S.-based fintech Stripe has reportedly stopped processing payments for President Donald Trump’s campaign website. According to WSJ, a source close to the situation stated that Stripe is cutting off the campaign account for violating… Read More

January 7, 2021 @ 3:24 pm By Samantha Hurst  |  

PAYMNT Financial, a U.S.-based blockchain fintech startup, announced on Thursday it has acquisition LettucePay, which is a payment technology firm that specializes in cryptocurrency payments. PAYMNT reported that the acquisition makes it possible for its platform to integrate cryptocurrencies as a form of payment at… Read More

January 5, 2021 @ 10:23 am By Samantha Hurst  |  

  Neat, a digital bank group based in Hong Kong, announced on Tuesday it has become a member of Visa and rolled out its new Neat Visa card. This announcement comes less than six months after Neat secured an additional $4 million extension of its… Read More

January 4, 2021 @ 11:21 am By Samantha Hurst  |  

  AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Monday it has acquired Core Associates, the makers of TimberScan and complementary AP solutions. AvidXchange claims that through the acquisition, it is now one of the foremost… Read More

January 4, 2021 @ 9:14 am By Samantha Hurst  |  

Brighte, an Australia-based green energy fintech, recently announced it secured $100 million through its latest investment round. According to various media outlets, the round was led by Grok Ventures, the investment fund of Mike and Annie Cannon-Brookes. Founded in 2015, Brighte describes itself as a… Read More

January 3, 2021 @ 11:04 pm By Samantha Hurst  |  

  Governance.com, a Luxembourg-based fintech that provides technology-enabled governance solutions, has raised nearly €450,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which originally sought to raise €250,000, has so far attracted more than 355 Crowdcube investors. As previously reported, Gorvernance.com was founded… Read More

January 3, 2021 @ 10:45 pm By Samantha Hurst  |  

    XTM, a Canada-based fintech that provides mobile banking and payment card solutions, recently announced it has issued its restricted share unit (RSU) plan, pursuant to which the Company may grant options and RSUs to attract, motivate and retain directors, officers, employees, and consultants…. Read More

December 30, 2020 @ 12:18 pm By Samantha Hurst  |  

  Paysend, a UK-based global payments platform, announced on Tuesday more than 150,000 net new U.S.-based customers have used its platform during the last three months alone to send digital money transfers across borders. Paysend reported that following its stateside launch in September amidst the pandemic,… Read More

December 29, 2020 @ 3:47 pm By Samantha Hurst  |  

    UK fintech GeoDB is set to close its latest equity crowdfunding campaign on Seedrs with more than £2.4 million raised from nearly 550 Seedrs investors. The funding round was launched last month and quickly secured its initial £2 million funding target.  As previously… Read More

December 28, 2020 @ 3:58 pm By Samantha Hurst  |  

Digital money transfer service MoneyGram (NASDAQ: MGI) recently announced it has a five-year extension to its partnership with Canada Post. The renewal, which runs through December 2025, allows MoneyGram customers to continue to transfer money and pay bills at over 5,000 Canada Post locations throughout… Read More

December 28, 2020 @ 12:33 pm By Samantha Hurst  |  

Simplify Asset Management, a U.S.-based investment adviser, announced on Monday the launch of four exchange-traded funds (ETFs) for fintech, pop culture, robocar, cloud/cybersecurity. Founded earlier this year, Simplify was created to help advisors tackle pressing portfolio challenges with option-based strategies. “By accounting for real-world investor… Read More

December 23, 2020 @ 3:35 pm By Samantha Hurst  |  

  Robocash Group, a Singapore-based fintech, announced on Tuesday it has expanded its Buy Now Pay service UnaPay in the Philippines. Founded in 2013, Robocash Group specializes in non-bank lending with a focus on consumer lending both online and offline and marketplace funding. “We provide a… Read More

December 23, 2020 @ 10:51 am By Samantha Hurst  |  

  Haru, a South Korea-based digital asset management platform and a service brand name of Block Crafters, announced on Wednesday its total transaction volume has reached the $100 million milestone within 15 months of its official launch. Haru also revealed that its user number has… Read More

December 23, 2020 @ 10:06 am By Samantha Hurst  |  

  Governance.com, a Luxembourg-based fintech that provides technology-enabled governance solutions, has successfully secured its initial €250,000 through its recently launched equity crowdfunding campaign on Crowdcube. The funding round has so far attracted nearly 225 Crowdcube investors. Founded in 2015 by twin brothers Bert and Rob… Read More

December 22, 2020 @ 1:18 pm By Samantha Hurst  |  

  NextCar Holding Company Inc. (NXCR), a fintech and insurtech vehicle subscription platform, announced on Tuesday it has signed a letter of intent to form a partnership and receive a $400 million debt facility from Westlake Financial. NXCR reported that the $400 million debt facility… Read More