Tagged: u.s.

Loan Origination AI Platform Blooma Secures $2.75 Million Through Seed Funding Round Led By Floodgate

Blooma, a U.S.-based loan origination AI platform, announced earlier this week it secured $2.75 million through its seed funding round, which was led by Floodgate with participation from Abstract Ventures, Crescent Ridge Partners and Serra Ventures. Blooma reported that it launched its first production module… Read More

U.S. Fintech FinFit Announces Partnership With Execupay

Fintech

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Monday it has formed a new partnership with Execupay,a privately-owned provider of HR and payroll services and software.  FinFit reported that through the collaboration its platform… Read More

U.S. Insurtech Startup ChronWell Secures $2.8 Million Through Latest investment Round

Chronwell, a U.S. insurtech startup for the workers’ compensation industry, announced earlier this week it secured $2.8 million in funding, which brings its total capital raised to $7.8 million Founded in 2017, Chronwell claims it is focused on providing the “highest level” of empathy-driven care… Read More

U.S. Insurtech Semsee Completes Pilot Program; Two Dozen Agencies Use Platform to Quote Business Owners Policies & epsent $450,000 in Premiums

Semsee, a U.S.-based insurtech startup that is focused on streamlining workflows for independent insurance agents and wholesalers, announced today the end of a successful three-month pilot program. Founded in 2017, Sense describes itself as an independent insurance agent’s go-to platform for quoting small commercial business… Read More

SuperMoney Milestone: Fintech Startup Surpasses $2 Billion in Loan Requests

U.S. fintech startup SuperMoney announced on Monday its multi-lending marketplace platform has surpassed $2 billion in loan requests. This news comes less than a year after SuperMoney announced it processed more than $1 billion in loan requests. As previously reported, SuperMoney offers what it claims to… Read More

Lendio Milestone: Online Lender Surpasses $1.5 Billion in Small Business Loans Facilitated (Infographic)

U.S.-based online lending platform Lendio announced on Tuesday it has facilitated more than $1.5 billion in financing to small businesses across the U.S. This news comes just a few weeks after Lendio acquired of cloud-based small business account platform, Billy, and the launch of Lendio’s… Read More

U.S. Fintech C2FO Secures $200 Million Through Latest Investment Round Led By The SoftBank Vision Fund

C2FO, a fintech firm and market for working capital based in the U.S., announced on Wednesday it secured $200 million through its latest investment round, which was led by the SoftBank Vision Fund with participation from existing investors Temasek and Union Square Ventures. Founded in 2008,… Read More

Celsius Network Now Resuming CEL Token Utilities for U.S. Users

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has resumed CEL token utilities for U.S. users. Celsius Network reported that the action was taken voluntarily and in the best interest of its community. Speaking about the action, Jeremie Beaudry, Chief Compliance… Read More

Klarna Raises $460 Million Through New Equity Round to Further Support U.S. Growth

Payment processing platform Klarna announced on Tuesday it secured $460 million through its latest equity funding round, bring its post-money valuation to $5.5 billion. The round was led by Dragoneer Investment Group, a San Francisco based growth-oriented investor. Other investors in the round include Commonwealth Bank… Read More

Klarna & ASOS Expands Global Payments Partnership to the U.S.

Payment processing platform Klarna announced on Monday it and global fashion brand ASOS have expanded their payments partnership to the U.S. According to the duo, the partnership will extend into the U.S. market in order to offer flexible payment options to shoppers. Customers may now… Read More

U.S. Fintech FinFit Launches Live Financial Coaching For Members

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Friday it will offer live financial coaching to all of its members free of charge.  According to FinFit, members are now able to connect with certified… Read More

Visa’s Fintech Fast Track Program Launches in the U.S.

Visa announced on Wednesday it is launching its Fintech Fast Track program in the U.S. According to Visa, Fast Track aims to speed up the process of integrating with Visa, to allow startups the ability to more “easily leverage” the reach, capabilities and security VisaNet,… Read More

U.S. Fintech FinFit Raises $7 Million Through Series B Funding Round Led By Galaxy Investment Partners

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Tuesday it secured $7 million through its Series B funding round, which was led by Galaxy Investment Partners LLC, the family office of Michael Novogratz, with… Read More

Glint Pay Launches Gold Currency Products in the U.S.

Glint Pay Inc. (Glint), a subsidiary of the U.K.-based fintech company that makes gold an alternative global currency by enabling its clients to buy, sell, save and spend their physical gold instantly through the Glint Debit Mastercard and Glint App, announced on Monday it is… Read More

Crypto Wallet Abra Update: Mobile App to Restrict Services For U.S. Users Due to Regulatory Issues

Abra, an all-in-one cryptocurrency wallet and exchange, announced on Thursday it is restricting services to U.S. users due to regulatory issues in the country. Explaining why the platform made the changes, the Abra team stated: “[Due to the regulatory situations], specifically, for Abra users in… Read More

Lendio Announces Acquisition of Cloud-Based Small Business Accounting Platform Billy; Announces Bookkeeping Software For Small Businesses

U.S.-based online lending platform Lendio announced on Wednesday the acquisition of Billy and the launch of its bookkeeping software for small businesses, Sunrise, which is a freemium bookkeeping software to meld accounting, cash flow management, loan, and credit information into a single platform. According to Lendio, Sunrise… Read More

Plaid Launches New Liabilities Endpoint to Provide Real-Time Information About Users’ Financial Liabilities Starting With Student Loans

U.S.-based fintech Plaid recently announced the launch of its new Liabilities endpoint feature, which will provide real-time information about users’ financial liabilities, starting with student loan debt and will add data access for more debt categories from mortgages to auto loans to credit cards. “We’re launching… Read More

SecurCapital Announces Acquisition of Fintech & Small Business Lender Breakout Capital Finance

Fintech

SecurCapital Corp, an expanding supply chain and financial services provider, announced last week it has acquired Breakout Capital Finance, a fintech company and nationwide small business lender.  Founded in 2015, Breakout Capital claims it is a small business lender that provides simple, straightforward working capital… Read More

AvidXchange Announces Expansion of Headquarters

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced last week it has expanded  its Charlotte headquarters campus. AvidXchange reported that the new, 201,000 square-foot facility on the AvidXchange Music Factory campus will allow the company to accommodate an… Read More

Crypto.com Now Shipping MCO Visa Card to U.S. Customers

Hong Kong-based cryptocurrency platform Crypto.com announced earlier this week it is now shipping its MCO Visa Cards to customers in the U.S.  According to Crypto.com, the MCO Visa Card is a prepaid card that features high-end metal cards with no annual or monthly fees, up… Read More

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