Tagged: u.s.

OpenFin Appoints Former Deutsche Bank Executive Stephen Wood As New Global Head of Enterprise Deployment

U.S. fintech OpenFin announced on Wednesday it has appointed Deutsche Bank’s Head of Market Data, Risk, and Compliance, Stephen Wood, as its newly created Global Head of Enterprise. OpenFin reports that Wood brings to its team more than 20 years of financial services industry experience, along… Read More

Galileo Announces Partnership With Sutton Bank

Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday it has formed a partnership with Sutton Bank. According to Galileo, Sutton Bank has chosen the processing platform to help expand its prepaid offerings. Galileo reported that this partnership, Sutton Bank will expand its offering of open-loop… Read More

American Express Teams Up With GreenSky to Bring Digital Payments & Financing Capabilities to Merchants

On Monday, American Express (NYSE: AXP) announced it has formed a partnership with GreenSky, Inc. (NASDAQ: GSKY) to bring enhanced digital payments and financing capabilities to help merchants grow their businesses and give consumers greater flexibility in financing their purchases. According to the duo, this… Read More

Monzo Announces Customer Support Team in Las Vegas

On Tuesday, UK-based challenger bank Monzo announced it has recently set up a small customer support team in Las Vegas. The team was created to help Monzo scale its customer service as it grows, without relying on its team in the UK to work unsociable… Read More

U.S. Fintech Happy Money Announces Three Strategic Credit Union Alliances

On Tuesday, U.S.-based fintech Happy Money announced it has formed three strategic alliance with Alliant Credit Union, First Tech Federal Credit Union, and Technology Credit Union to further proving credit union and Fintech partnership model success. Founded in 2009, Happy Money claims to be the only… Read More

Cryptocurrency Marketplace DCEX Opens Registration For Digital Currency Exchange To Utilize XRP

DCEX, a U.S.-based cryptocurrency marketplace for retail and institutional investors, today announced registration is open to the first digital currency exchange to utilize XRP as its exclusive base currency. Founded in 2017, DCEX describes itself as a next-generation crypto-to-crypto marketplace, with all currencies trading against XRP… Read More

U.S. Insurtech Groundspeed Secures $30 Million Through Series B Funding Round Led By Oak HC/FT

Groundspeed Analytics (Groundspeed), a leading insurance technology company specializing in artificial intelligence (AI) and data science solutions, announced on Thursday it secured $30 million through its Series B funding round, which was led by Oak HC/FT, a premier venture growth-equity fund investing in Healthcare Information & Services… Read More

GrubHub Acquires Mobile Fintecher LevelUp

LevelUp, a Boston-based mobile app fintech firm announced this week it has been acquired by GrubHub. According to the startup, although this new deal is still subject to regulatory approvals, Seth Priebatsch, Chief “Ninja” at LevelUp, wanted to share more details about the acquisition. According to Priebatsch,… Read More

Personal Financial Platform Even Secures $40 Million Through Latest Investment Round

Even, a U.S.-based personal finance platform, announced this week it secured $40 million through its latest round of funding, which was led by  Keith Rabois of Khosla Ventures, with participation from Valar Ventures, Allen & Company, Harrison Metal, Ron Conway, Silicon Valley Bank, and BCVP…. Read More

Overfunding: Glint Quickly Surpasses £1.25 Million Funding Target Through Crowdcube Campaign; Addresses GoldMoney Founder’s Criticism

Just days after launching its equity crowdfunding campaign on Crowdcube, UK fintech Glint has successfully secured its initial £1.25 million funding target, thanks to nearly 300 investors. The funding round is part of Glint new Series A funding round, which is seeking a total of… Read More

U.S. Fintech CommonStock Launches Social Investing Platform For Stocks & Cryptocurrencies

On Tuesday, U.S.-based fintech CommonStock announced the launch of its new social investing platform for stocks and cryptocurrencies. This news comes just as CommonStock secures nearly $2 million during its seed funding round, which saw participation from Social Capital, Resolute VC, and Studio VC. CommonStock reported… Read More

UK Fintech Glint Now Seeks £1.2 Million Through Crowdcube Campaign As Part of the Company’s £15 Million Series A Financing Round

Following the announcement that Glint was seeking a total of £15 million through Series A financing round to expand into the U.S. and Japan by the end of this year, the UK fintech launched an equity crowdfunding campaign on Crowdcube to raise £1,250,000 as part of the Series… Read More

Ethos Announces U.S. Cryptocurrency Payments Partnership With Payroc

Cryptocurrency services platform Ethos announced on Monday it has formed a U.S. cryptocurrency partnership with merchant services and payment processing organization Payroc. According to Ethos, as part of the partnership, the Ethos Bedrock platform will be integrated with Payroc’s payment gateway platform, which will enable… Read More

UK Fintech Glint Now Seeking £15 Million Through Series A Financing Round to Expand into the U.S. & Japan By the End of 2018

UK fintech Glint announced on Thursday it is now seeking £15 million through its Series A financing round to expand into the U.S. and Japan by the end of this year. This news comes nearly eight months after the company launched its mobile app, which allows… Read More

Mastercard Partners With U.S. Fintech Strands to Provide Issuing Banks With Digital Cash Management & Commercial Payment Tools Platform

On Monday, U.S. fintech startup Strands announced it is teaming up with Mastercard to provide issuing banks with an integrated platform of digital cash management and commercial payment tools that is specifically designed to benefit small-to-medium enterprises (SMEs). According to Strands, the Strands Business Financial… Read More

IBM Partners With Italian Bank Banca Carige to Launch $500 Million U.S. Technology Joint Venture “Dock”

IBM (NYSE: IBM) announced last week it has teamed up with Italian bank, Banca Carige, to launch launched Dock, a $500 million U.S. joint venture, to bring innovative technologies including AI, big data, analytics and cognitive tools to improve the competitiveness of Carige’s more than 500 branches and… Read More

Funding Circle Expands Partnership With INTRUST Bank to Support More U.S. Small Businesses

Online lending platform Funding Circle announced on Tuesday it has expanded its strategic partnership with U.S. regional bank INTRUST Bank to support the growth of small businesses in the U.S. The lender reported that following the successful launch of the partnership earlier this year, the… Read More

U.S. Fintech Brex Debuts Corporate Card For Startups

On Tuesday, U.S. fintech Brex announced the launch of its new corporate card that’s specifically designed to help startups qualify based on funding rather than credit history. This news comes just after Brex completed its Series B funding round, bringing its total funding to $57… Read More

Insurtech Startup Kin Insurance Secures $13 Million Through Latest Funding Round

U.S. insurtech startup Kin Insurance announced earlier this week it secured $13 million through its latest round of funding. The company reported the funds will go towards its mission to help protect homeowners nationwide. Founded in 2017, Kin describes itself as a home insurance startup… Read More

Circle Now Planning to Seek U.S. Banking License

Boston-based cryptocurrency platform Circle is now making plans to apply for a banking license in the U.S. As previously reported, Circle, which is backed by Goldman Sachs, was founded in 2013 and offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay,… Read More