Tagged: fintech

December 22, 2020 @ 10:39 am By Samantha Hurst  |  

Pleo, a Denmark-based fintech startup, recently announced it has launched Google Pay functionality for its more than 13,000 European and UK customers. According to Pleo, customers will be able to immediately benefit from Google’s seamless contactless payment method, giving employees increased flexibility when making business… Read More

December 22, 2020 @ 8:05 am By Samantha Hurst  |  

    U.S.-based tech giant IBM Corp. (NYSE: IBM) announced on Tuesday it has acquired Nordcloud, a European cloud implementation, application transformation, and managed services provider. The acquisition comes just days after IBM announced it acquired Expertus Technologies Inc., a Canadian Fintech company that assists… Read More

December 22, 2020 @ 7:53 am By Samantha Hurst  |  

    Digital payments platform Wirex announced on Tuesday it has been named a principal member of the Visa Network in Europe. The company revealed it previously completed Visa’s FinTech Fast Track Programme and as a principal member, it will be allowed to issue Visa cards… Read More

December 21, 2020 @ 8:32 am By Samantha Hurst  |  

The Netherlands-based banking group ABN AMRO announce on Monday its mobile has hits one billion logins. ABN AMRO reported that on average, customers logged in 390 times and more than four out of five clients used the ABN AMRO app in 2020.  Speaking about the… Read More

December 20, 2020 @ 10:36 pm By Samantha Hurst  |  

Frank, a U.S.-based financial aid-focused fintech, is reportedly expanding its services to help students take online classes through its new service, called Classfinder. As previously reported, Frank was founded by fintech entrepreneur Charlie Javice and provides “smart, simple financial aid.” “We are revolutionizing financial aid… Read More

December 20, 2020 @ 10:24 pm By Samantha Hurst  |  

Paysme, a UK-based fintech mobile app, is set to close its equity crowdfunding campaign on Seedrs with nearly £300,000 raised from 165 Seedrs investors. As previously reported, Paysme describes itself as a super app delivering financial services to underserved small business communities to accelerate their… Read More

December 18, 2020 @ 10:51 pm By Samantha Hurst  |  

RateGenius, a U.S.-based fintech company with a proprietary consumer-lending platform, announced on Friday it has funded approximately $8.5 billion in auto loans. RateGenius reported that nearly $1 billion of those loans were dispersed in 2020, even though 85% of the company’s team worked remotely for much… Read More

December 17, 2020 @ 10:06 pm By Samantha Hurst  |  

  Razer Fintech, the fintech arm of Razer announced on Thursday it has joined forces with Rely, a Buy Now Pay Later (BNPL) service provider, to offer BNPL services in Southeast Asia to merchants registered under Razer Merchant Services (RMS), its B2B (business-to-business) solution. According… Read More

December 17, 2020 @ 3:08 pm By Samantha Hurst  |  

B2B fintech-as-a-service provider Rapyd announced on Thursday it has expanded its American leadership team by appointing LeAnne Hoang as Chief Risk and Compliance Officer and Robert MacColl as Head of Network Partnerships. According to Rapyd, Hoang brings a wealth of regulatory and compliance knowledge to… Read More

December 16, 2020 @ 2:30 pm By Samantha Hurst  |  

  Global payments platform Veem announced on Wednesday core enhancements to its domestic and international routing technology. According to Veem, the enhancements will improve the way businesses pay and get paid within the U.S. and around the world. “Veem’s expansion of its multi-rail technology capabilities… Read More

December 16, 2020 @ 2:16 pm By Samantha Hurst  |  

  Zilch, a UK-based buy now, pay later fintech, announced on Wednesday it secured $30 million through its oversubscribed pre Series B in less than three weeks. The latest funding round comes just a few months after Zilch raised $10 million.  As previously reported, Zilch… Read More

December 16, 2020 @ 11:26 am By Samantha Hurst  |  

  Canadian fintech Neo Financial announced on Wednesday it raised $50 million between its Series A investment and debt financing. The funding round was led by Valar Ventures with participation from Tobi Lutke, the CEO and founder of Shopify; Golden Ventures; Inovia Capital; Thomvest; Afore… Read More

December 16, 2020 @ 10:53 am By Samantha Hurst  |  

  U.S. fintech Plaid announced on Wednesday it has formed a new partnership with fellow fintech Curve. According to Plaid, the partnership was created to help give people in the UK a “holistic view” of their money, make the most of their spending, as well… Read More

December 16, 2020 @ 8:09 am By Samantha Hurst  |  

U.S. fintech Self Financial announced on Tuesday it secured $40 million through its Series D investment round, which was led by Meritech Capital with participation from  Altos Ventures, Conductive Ventures, and Silverton Partners. According to Self, the investment round brings its total funds to $77 million and comes… Read More

December 14, 2020 @ 11:41 am By Samantha Hurst  |  

  Mozper, a Mexico-based debit card and mobile app designed for kids and parents in Latin America, announced on Monday it secured $3.55 million through its latest seed funding round, which was led by Hetz Ventures with participation from F-Prime Capital, Foundation Capital, Secocha Ventures and previous investors Dux… Read More

December 14, 2020 @ 11:26 am By Samantha Hurst  |  

Massachusetts Mutual Life Insurance Company (MassMutual) announced on Monday it has entered into a definitive agreement with Stone Ridge Asset Management, an asset manager, to acquire Flourish, a fintech platform for RIAs. According to the duo, Flourish provides digitally enabled products and services to RIAs… Read More

December 14, 2020 @ 10:07 am By Samantha Hurst  |  

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Monday its latest update on the launch of its Vert Visa credit card. As previously reported, the Vert program uses an intuitive mobile app to collect customer data and within… Read More

December 14, 2020 @ 8:32 am By Samantha Hurst  |  

  Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Monday it received conditional approval from the Toronto Stock Exchange for the issuance and listing of up to an additional 10 million common shares in connection with the previously announced acquisition of Carta Solutions Holding Corporation…. Read More

December 11, 2020 @ 9:46 am By Samantha Hurst  |  

Solactive, a Germany-based technology-enabled provider of indices and index solutions to the global financial services industry, announced on Thursday it received a €50 million minority investment from global growth equity firm Summit Partners. Founded in 2007, Solactive states it focuses on tailor-made indices across all… Read More

December 11, 2020 @ 8:14 am By Samantha Hurst  |  

  Modularbank, an Estonia-based fintech startup, has reportedly secured €4 million through its latest investment round to develop its digital banking platform, as well as expand its product into the UK and Europe. According to TechEU, the investment round was led by Karma Ventures and… Read More