Tagged: fintech

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

December 10, 2020 @ 11:10 pm By Samantha Hurst  |  

  Xspaced, a U.S.-fintech startup that specializes in rental payments, announced on Thursday the launch of its new feature, FlexRent. According to Xspaced, FlexRent allows tenants to split their rent payments into smaller payments over the month to align their monthly rent with their income… Read More

December 10, 2020 @ 3:33 pm By Samantha Hurst  |  

Boast.ai, a U.S.-based software innovator whose flagship product automates the complex process of claiming R&D tax credits in the US and Canada, announced on Thursday it secured $23 million through its Series A funding round, which was led by Radian Capital. Founded in 2011, Boast.ai… Read More

December 10, 2020 @ 9:18 am By Samantha Hurst  |  

Southwestern Asian banking group DBS announced on Thursday it will set up a digital exchange. The exchange will notably allow institutional investors, as well as accredited investors, to tap into a fully integrated tokenization, trading, and custody ecosystem for digital assets. DBS further revealed that… Read More

December 9, 2020 @ 1:29 pm By Samantha Hurst  |  

  Canadian banking group Scotiabank announced on Wednesday it is offering real-time payments for all business banking customers using flexible routing options like an account number or email address, using Interac e-Transfer for Business. According to Scotiabank, transactions are processed in real-time, with confirmation of… Read More

December 9, 2020 @ 9:20 am By Samantha Hurst  |  

XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Tuesday it has completed its 2.0 Fintech Platform after a year of development. According to XTM,  the enhanced platform and mobile app have every feature you would expect in a neo… Read More

December 8, 2020 @ 3:36 pm By Samantha Hurst  |  

    UK fintech GeoDB has successfully secured £2,3 million through its latest equity crowdfunding campaign on Seedrs, which has attracted nearly 400 Seedrs investors. The funding round was recently launched and quickly secured its initial £2 million funding target.  As previously reported, GeoDB is… Read More

December 7, 2020 @ 8:49 am By Samantha Hurst  |  

  Payaut, an Amsterdam-based fintech, has raised €2.6 million through its seed funding round, which was led by LocalGlobe with participation from Finch Capital and Entrée Capital. Founded in 2019, Payaut offers any online marketplace a PSP agnostic solution that enables the platform to be… Read More

December 4, 2020 @ 5:11 pm By Samantha Hurst  |  

F1 Payments, a U.S.based fintech that’s focused on increasing business velocity for all constituents in the payment ecosystem, announced on Thursday it scored a strategic recapitalization and growth investment from an affiliate of York Capital Management. In conjunction with the transaction, Chad Anselmo, President, has been… Read More

December 4, 2020 @ 2:34 pm By Samantha Hurst  |  

  BHIVE announced on Friday its fintech entity, BHIVE Investech, has received $1 million investment commitment from a combination of current and fresh investors. According to BHIVE, BHIVE Investech is an asset-light fintech company that aims to democratizing the commercial real estate market by providing… Read More