Tagged: u.s.

U.S. Fintech Boast.ai Secures $23 Million Though Series A Funding Round Led By Radian Capital

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

Standard Chartered’s SC Ventures Makes Strategic Investment in OpenFin

OpenFin, the operating system (OS) of finance, announced on Wednesday it secured a strategic investment from SC Ventures, the innovation, fintech investment and ventures arm of international banking group, Standard Chartered. According to OpenFin, the investment’s funds will accelerate new product development and brings OpenFin’s… Read More

U.S. Insurtech At-Bay Secures $34 million Through Series C Funding Round Led By Qumra Capital

  At-Bay, a U.S.-based insurtech startup, announced on Tuesday it secured $34 million through its Series C funding round, which was led by Qumra Capital with participation from Microsoft’s venture fund M12. The company notably raised a total of $74 million in 2020 alone, having… Read More

U.S. Family Tech Startup Pay Theory Launches New Payment Processing Platform For Schools

  Pay Theory, a U.S.-based family tech startup, announced on Monday it has launched a new payment processing platform with the mission of making school fees and payments straightforward for all involved parties: families, educators, and administrators. Founded in 2018, Pay Theory describes itself as… Read More

F1 Payments Scores Recapitalization & Growth Investment From York Capital Management

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

U.S. Fintech Zytara Announces Plans to Launch a Digital Banking Platform & Payment Network Designed for Millennials & Gen Z Games/Esports Enthusiasts

  Zytara, a U.S.-based fintech startup, announced on Thursday it is planning to launch a digital banking platform and payment network that is specifically designed for millennial and gen Z gamers and esports enthusiasts. Founded in 2019, Zytara claims that its financial offering will be… Read More

Millennium Trust Unveils Trade Center & Enhanced Digital Experience

Millennium Trust Company, a U.S.-based provider of alternative asset custody solutions to institutions, advisors, and individuals, announced on Wednesday the launch of its new Trade Center, as well as the digital experience enhancements. According to Millennium, the Trade Center allows users to easily invest in securities,… Read More

U.S. Financial Services Startup Step Secures $50 Million Through Series B Investment Round Led By Coatue

Step, a U.S.-based financial services company built for teens and families, announced on Wednesday it secured $50 million through its Series B round, which was led by Coatue, with participation from returning investors Stripe, Crosslink Capital, Collaborative Fund, and Will Smith’s Dreamers VC. To-date, Step… Read More

Google Pay to Discontinue Peer-to-Peer Payments on the Web Platform & Introduces Transfer Fee in the U.S.

  Digital payment service Google Pay has recently announced some changes it will be making in 2021. According to 9to5Google, Google Pay is set to discontinue its peer-to-peer payments on its web platform in the new year. “Starting early in 2021, you won’t be able… Read More

U.S. Insurtech Hippo Announces New Partnership With Kangaroo Home Security

  U.S. insurtech startup Hippo Insurance has joined forces with Kangaroo Home Security to bring customers flexibility and financial ease with home insurance. According to Hippo, the collaboration expands the suite of smart device kits available within Hippo’s expansive smart home program to include a… Read More

U.S. Insurtech Hippo Insurance Scores $350 Million Capital Investment From Mitsui Sumitomo Insurance Company

  U.S. insurtech startup Hippo Insurance announced on Tuesday it scored $350 million investment and formed a partnership with Mitsui Sumitomo Insurance Company, Limited, a subsidiary of MS&AD Insurance Group Holdings, Inc. According to Hippo, the investment will support the insurtech’s product roll out in… Read More

U.S. Fintech Vennfi Raises $2.3 Million Through Seed Funding Round

Vennfi, a U.S.-based fintech focused on tax-exempt payments and the creator of Charityvest, reportedly secured $2.3 million through its seed funding round. According to FinsMes, the round, which comes just a little over six months after the startup raised $1.1 million through its pre-seed round, was… Read More

U.S.-Based AI Insurtech Software Flyreel Secures $10 Million During Series A Financing Round LedBy IA Capital Group

Flyreel, a U.S.-based Artificial Intelligence (AI) solution for residential and commercial property insurance, recently announced it secured $10 million through its Series A funding round, which was led by IA Capital Group with participation from Guidewire Software, Gradient Ventures, State Auto Labs, and Donan Engineering…. Read More

American Express Announces “100 for 100” Program Participants & $2.5 Million Commitment

American Express (NYSE: AXP) recently announced the participants of its “100 for 100” Black Women Entrepreneur program. According to American Express, the program will provide each participant with $25,000 and 100 days of business resources, including business education, mentorship, marketing, virtual networking, WorkSpaces by Hilton… Read More

LendingUSA Names Narine Yenovkian As New Vice President of Compliance

LendingUSA, a U.S.-based fintech lender that provides loans to small businesses ranging from $1000 to $35,000, announced on Monday it has appointed Narine Yenovkian as its new Vice President of Compliance. LendingUSA reported that in her new role, Yenovkian will lead the Compliance Department in… Read More

U.S. Fintech Wemlo Introduces AI Tech For Mortgage Processing

Wemlo, a U.S.-based fintech that’s focused on mortgage loan processing, announced on Friday the launch of its new AI technology called Athena. According to Wemlo, Athena is a virtual assistant AI developed to empower and improve loan processing by identifying discrepancies within a mortgage loan… Read More

Klarna Milestone: Surpasses 11 Million Customers in the U.S.

Payment processing platform Klarna announced on Thursday it has reached a record 11 million customers in the U.S. Klarna reported that the latest milestone represents a 106% increase year over year and a rapid climb from the 10 million reached only three weeks before. Founded in… Read More

Klarna Announces Expansion of In-Store Payment Offering in the U.S.

  Payment processing platform Klarna announced on Thursday it has expanded its in-store payment services to more than 60,000 stores nationwide, including various popular retail brands such as H&M, O.N.S. Clothing, The North Face and Timberland. According to Klarna, customers are now able to make purchases… Read More

U.S. Insurtech Assurely’s Latest Seed Rounds Brings Total Amount Raised to $3.7 Million

  Assurely, a U.S.-based insurtech that provides embedded insurance as a service, recently announced its closed its seed round, which was led by ATX Ventures. The company reported that the investment round brought its total funding to just more than $3.7 million. Founded in 2016,… Read More

Consumer Credit Card Fintech Cardless Launches Platform & Announces $10 million Venture Funding Round

Cardless, Inc., a U.S.-based consumer credit card financial technology firm that helps brands launch and run custom co-branded credit card programs, today announced the launch of its platform, which enables brands to reward loyal customers and fans.  Founded in 2019, Cardless claims it’ll be the… Read More

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