Tagged: fintech

May 14, 2020 @ 9:31 am By Samantha Hurst  |  

Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has launched a new initiative, the Rapyd Social Responsibility and will be waiving foreign exchange and processing fees on the first $100,000 in total processing volume for new businesses in the U.S., Brazil, and Mexico that… Read More

May 13, 2020 @ 4:02 pm By Samantha Hurst  |  

Plastiq, a U.S.-based intelligent payments solution for small business, announced on Wednesday it is launching its card acceptance product ahead of its original third quarter 2020 debut. The company reported the acceleration of the product’s launch is due to the COVID-19 pandemic, which was infamously… Read More

May 13, 2020 @ 1:35 pm By Samantha Hurst  |  

Modulr, a Payments as a Service API Platform for digital businesses, announced on Wednesday it secured £18.9 million in growth funding to further develop its platform and expand into new products and markets. The funding round was led by European growth capital firm Highland Europe… Read More

May 13, 2020 @ 12:25 pm By Samantha Hurst  |  

Vennfi, a U.S.-based fintech focused on tax-exempt payments and the creator of Charityvest, announced on Wednesday it secured $1.1 million through its pre-seed funding round. Founded in 2016, Charityvest focuses on enhancing the giving experience for donors by creating “Charity Funds,” which is a fund… Read More

May 11, 2020 @ 4:21 pm By Samantha Hurst  |  

Briq, a U.S.-based fintech platform specifically for construction, has raised $10 million through its Series A funding round, which was reportedly led by Blackhorn Ventures with participation from Eniac Ventures, MetaProp NYC, and Darling Ventures. The company’s total funding since inception is now up to… Read More

May 11, 2020 @ 8:34 am By Samantha Hurst  |  

Primer, a UK-based fintech startup, has reportedly secured £3.2 million through its seed funding round, led by Balderton Capital with participation from Taavet Hinrikus, who co-founded and previously led TransferWise. Founded earlier this year by former PayPal employees, Primer states it consolidates your payments stack… Read More

May 10, 2020 @ 10:49 pm By Samantha Hurst  |  

Saurus, a UK-based digital banking startup, is set to close its equity crowdfunding campaign on Crowdcube with more than £850,000 in funding secured from nearly 1770 Crowdcube investors. The campaign was launched last month, originally seeking £650,000.  Saurus is currently offering 6.93% in equity at… Read More

May 8, 2020 @ 9:53 pm By Samantha Hurst  |  

Australia-based SME challenger bank Judo Bank announced on Thursday it raised $250 million through its latest equity at a post-money valuation to more than $1 billion, which the bank reports has lifted it into an exclusive club of local unicorns and showing the support of… Read More

May 7, 2020 @ 1:36 pm By Samantha Hurst  |  

Visa (NYSE: V) announce on Thursday its continued support of the global Fintech community, having grown the Fast Track program to over 140 Fintechs. Visa reported that Since expanding globally in mid-2019, the Fast Track program has grown 280%. The program allows both new and… Read More

May 7, 2020 @ 10:32 am By Samantha Hurst  |  

Blockchain-based fan engagement platform for sports and entertainment, Chiliz, announced on Thursday it has formed a global partnership with mixed martial arts (MMA) organization, UFC. According to Chiliz, the partnership will enable UFC to tap into a captive audience of enthusiastic sports fans from around… Read More

May 6, 2020 @ 5:27 pm By Samantha Hurst  |  

Boosted.ai, a Canada-based fintech, announced on Wednesday it raised $8 million USD Series A financing round, led by Portag3 Ventures with participation from Dunamu & Partners and Polar Equity Partners. Founded in 2017, Boosted.ai reported that it works with financial firms to enhance their investment… Read More

May 6, 2020 @ 10:58 am By Samantha Hurst  |  

Franklin Resources, Inc. (NYSE:BEN), a global investment management organization operating as Franklin Templeton, announced on Wednesday it has acquired AdvisorEngine, a U.S.-based digital wealth platform. According to Franklin Resources, AdvisorEngine is a provider of technology and consulting services to more than 1,200 financial advisory firms… Read More

May 6, 2020 @ 10:02 am By Samantha Hurst  |  

Buckle, a U.S.-based financial services, announced on Wednesday it has been temporary approval to add insurance coverage to its rideshare driver members’ policies for the delivery of food, household supplies, and other packaged goods during the COVID-19 pandemic. Buckle reported that due to the virus,… Read More

May 6, 2020 @ 8:10 am By Samantha Hurst  |  

Treasury Prime, a U.S.-based API banking platform, announced on Tuesday it secured $9 million through its Series A funding round, which was led by Amias Gerety of QED Investors with participation by Jason Lemkin of SaaStr and Hans Morris of NYCA Partners. The company revealed… Read More

May 4, 2020 @ 12:20 pm By Samantha Hurst  |  

Safaricom, a Kenya-based telecom company and operator of M-Pesa, announced last week it has formed a new partnership with Visa (NYSE: V) to enable the development of products that will support digital payments for M-PESA customers. M-Pesa is a mobile banking service that allows users… Read More

May 1, 2020 @ 8:17 pm By Samantha Hurst  |  

Wise, a U.S.-based fintech, announced this week it secured $5.7 million through its latest seed funding round, which was led by Base10 Partners’ Principal, Rexhi Dollaku, with participation from Abstract Ventures, Backend Capital, The Fund, Two Culture Capital, and notable angels such as Michael Vaughan,… Read More

May 1, 2020 @ 12:39 pm By Samantha Hurst  |  

Digital banking group Monese recently announced its users may now log into their Monese accounts from their desktop with the new Monese for Web services. Monese reported that it designed the web version of its banking services to provide users with more tools and “better”… Read More

May 1, 2020 @ 10:13 am By Samantha Hurst  |  

Swipe, a UK-based multi-asset digital wallet and Visa debit card platform designed to let users buy, sell and spend their cryptocurrencies, announced on Friday that Swipe Android users can now add their Swipe Visa Debit cards directly to their Samsung Pay Wallets. Founded in 2018,… Read More

May 1, 2020 @ 8:16 am By Samantha Hurst  |  

Lifetise, a UK-based financial planning platform, has successfully secured its initial £250,000 equity crowdfunding target on Seedrs. Founded in 2014, Lifetise stated it helps users plan how to afford their life goals. The company shared: “We make it really easy to work out how much… Read More

April 30, 2020 @ 4:03 pm By Samantha Hurst  |  

Mambu, a German SaaS banking platform provider, announced on Thursday it has formed a partnership with Tide, a UK-based business banking platform to power Tide’s revolving credit facilities and overdrafts for SME’s. Mambu reported that through the partnership it will help Tide scale and focus… Read More