Tagged: fintech

October 20, 2020 @ 10:52 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Tuesday it has continued its growth and development by appointing four new leaders across its product, treasury and operations teams. AvidXchange shared that John Feldman joins as Senior Vice… Read More

October 20, 2020 @ 9:08 am By Samantha Hurst  |  

UK based digital bank Monzo announced on Tuesday the launch of its Monzo Premium account. The new account will feature Monzo’s first metal card, which is made from a single 16g sheet of steel, complete with a “precision-engraved” logo and a white finish.” The account… Read More

October 19, 2020 @ 10:16 am By Samantha Hurst  |  

Micro-investing mobile app, Acorns, has reportedly formed a new partnership with online job market ZipRecruiter. According to CNBC, the collaboration will allow Acorns clients to browse and apply for jobs within the app. While sharing more details, Acorns CEO, Noah Kerner, stated to the media… Read More

October 18, 2020 @ 10:10 pm By Samantha Hurst  |  

  FinTech Australia announced on Monday it has made several new board appointments and has elected Paypa Plane founder and CEO Simone Joyce as Chair.  The three new appointments include:  Marie Mortimer, managing director of Loans.com.au and  director of FinTech QLD.  Nathan Walsh, Co-founder and… Read More

October 16, 2020 @ 11:03 am By Samantha Hurst  |  

Payments platform Square announced on Thursday the general availability of its newest developer tool, Terminal API. According to Square, the new API enables developers to connect Square Terminal, an all-in-one card payments device, to their POS, ERP, or practice management system, regardless of the platform or… Read More

October 15, 2020 @ 10:39 pm By Samantha Hurst  |  

Greenwood, a U.S. digital banking platform, announced on Thursday it saw 100,000 sign-ups during the first week of its launch. Founded earlier this year, Greenwood describes itself as a mobile banking platform for Black and Latinx people and business owners. The startup claims to feature… Read More

October 15, 2020 @ 8:15 am By Samantha Hurst  |  

Secret Double Octopus, a passwordless authentication provider, announced on Thursday it secured a strategic investment from Standard Chartered Bank’s fintech investment venture arm SC Ventures. Founded in 2015, Secret Double Octopus describes itself as a passwordless authentication solution for the enterprise. The company states it… Read More

October 14, 2020 @ 11:33 am By Samantha Hurst  |  

M1 Finance, a U.S.-based automated money management platform, announced on Wednesday it secured $45 million through Series C funding round, which was led by Left Lane Capital with participation from Jump Capital and Clocktown Technology Ventures. The investment round brings M1’s total amount raised to… Read More

October 14, 2020 @ 10:47 am By Samantha Hurst  |  

Finexio, a AP payments as a service platform, announced on Wednesday it secured $23 million through its latest investment round, which was led by Medalist Partners, an alternative credit manager based in New York. Founded in 2015, Finexio explained that it simplifies accounts payable payments for… Read More

October 14, 2020 @ 10:10 am By Samantha Hurst  |  

U.S. fintech Galileo announced on Wednesday it has joined forces with Save, a fintech startup that enables higher yields on savings and checking accounts, to process transactions and funding of Save customers’ Debit Invest debit cards and Save Market Savings accounts. Galileo reported that through… Read More

October 13, 2020 @ 8:12 am By Samantha Hurst  |  

UK digital banking group Tandem announced on Tuesday it has appointed Barclays vet and former CEO of Allium, Paul Noble, has been appointed its new Chief Commercial Officer. This news comes less than two months after Tandem acquired Allium.  As previously reported,  Allium notably has… Read More

October 12, 2020 @ 4:31 pm By Samantha Hurst  |  

Wirex, a UK-based payments platform, is set to close its equity crowdfunding campaign on Crowdcube with more than £3.1 million secured. The funding round was launched last month and has already attracted nearly 6050 Crowdcube investors. As previously reported, Wirex is a UK FCA-licenced global… Read More

October 12, 2020 @ 1:58 pm By Samantha Hurst  |  

  Joko, a fintech startup based in France, has reportedly raised €10 million through its latest investment round. The funding round comes just a little over a year after Joko raised €1.9 million through its first investment round. As previously reported, Joko states it is… Read More

October 9, 2020 @ 10:40 am By Samantha Hurst  |  

Russian banking group Tinkoff announced earlier this week it has launched a financial messenger built into its mobile app that allows users to chat while making financial transactions. According to Tinkoff, customers will be able to share bookings, payments, and gigabytes of traffic soon, as… Read More

October 8, 2020 @ 10:23 pm By Samantha Hurst  |  

Wirex, a UK-based payments platform, has secured more than£2.7 million raised through its equity crowdfunding campaign on Crowdcube. The funding round, which quickly secured its initial £1 million minimum target, has so far attracted nearly 5260 Crowdcube investors. As previously reported, Wirex is a UK FCA-licenced… Read More

October 8, 2020 @ 8:41 am By Samantha Hurst  |  

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Thursday the launch of its new no-annual-fee Visa credit card, Petal 1. The new card is paired with a mobile app that will “deliver” various features, tools, and… Read More

October 7, 2020 @ 3:38 pm By Samantha Hurst  |  

Alkami Technology, Inc. (Alkami), a cloud-based digital banking solutions provider for banks and credit unions, announced on Tuesday it has acquired fraud prevention provider, ACH Alert. Alkami reported that the acquisition extends its omnichannel platform to include enhanced fraud prevention and secure money movement functionality…. Read More

October 7, 2020 @ 10:09 am By Samantha Hurst  |  

U.S. fintech Payrix announced on Wednesday it is set to expand its services in Australia and New Zealand, as well as completed its acquisition of Brisbane-based payment service provider, IntegraPay. The expansion efforts come just days after Payrix announced it secured $50 million through its… Read More

October 6, 2020 @ 3:37 pm By Samantha Hurst  |  

Finoa, a Germany-based fintech, announced on Tuesday it is teaming up with Oasis Network to provide custody for the network’s ROSE toke at mainnet launch. According to Finoa, ROSE is designed to give users financial sovereignty and control of their data and is expected to… Read More

October 6, 2020 @ 2:43 pm By Samantha Hurst  |  

  U.S.-based B2B fintech Tipalti announced on Tuesday it secured $150 million through its Series E funding round, which was led by Durable Capital Partners with participation from Greenoaks Capital and participation from current investor 01 Advisors. The investment round reportedly brought the company’s valuation to… Read More