Tagged: u.s.

U.S. Fintech FinFit Offering Financial Wellness Benefits Services Free of Charge During COVID-19 Pandemic

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Wednesday it is now offering its services for free to any employer that wants to offer financial wellness resources for their employees during the COVID-19 outbreak. … Read More

Lendio Joins Lending Companies Around the U.S. to Request U.S. Senate & House of Representative Leaders to Approve $500 Billion Discretionary Funding For Small Businesses Suffering From Coronavirus Pandemic

Online lending platform Lendio announced on Tuesday it has joined companies through the U.S., including Biz2Credit, Credibly, Fundbox, Homebase, Kabbage, Funding Circle, Plaid, LendingTree, and Wisely, to send a letter to the U.S. Senate and House of Representative leaders to approve $500 billion in discretionary… Read More

Brex Acquires Neji, Compose Labs, & Landria to Bolster Product

Fintech

U.S. fintech Brex announced on Tuesday it has acquired three startups to help enhance Brex Security, e-commerce product, and infrastructure. The acquisitions come just weeks after Brex announced the opening of its new and first-ever international office in Vancouver. As previously reported, Brex is seeking… Read More

U.S. SEC Provides Update For COVID-19 Response

The U.S. Securities and Exchange Commission (SEC) has updated its response to COVID-19 and the related effects on the U.S. securities markets. The organization reported that its efforts are centered, first and foremost, on the health and safety of its employees as well as all… Read More

U.S. Fintech HUMBL Partners With Digital India Payments To Enter India’s Market

HUMBL, a US fintech that delivers mobile payments and financial services, announced on Friday it has formed a new partnership with India’s payment service Digital India Payments Limited to help with its expansion into the country’s market. HUMBL describes itself as a mobile, financial services… Read More

Bee Mortgage App Extends RegCF Raise Through Crowdfunding Platform Fundopolis

Bee Mortgage App, a U.S.-based mortgage mobile app, announced on Thursday it has extended its RegCF raise on Fundopolis, a recently approved funding portal. Founded in 2019, Bee Mortgage App claims to be the first eMortgage mobile app powered by VLO, a virtual loan officer…. Read More

Reg CF Platform Honeycomb Credit Is Now Offering Small Business Relief Loans During Coronavirus Pandemic

Bank replacement platform Honeycomb Credit announced on Wednesday it is now offering loans to small businesses that are in need of working capital during the coronavirus pandemic. As of March 18th, there are 7,038 cases of the virus with 97 total deaths. According to Honeycomb… Read More

Lendio Milestone: Facilitates $2 Billion in Small Business Loans

U.S.-based online lending platform Lendio announced on Tuesday it has facilitated over $2 billion in loans to small businesses across the U.S. The online lender also reported that it has originated more than 100,000 loans as well. Founded in 2011, Lendio claims to be a… Read More

FinTech South Announces Finalists For the 2020 TAG Fintech South Innovation Challenge

FinTech South, a Southeast event dedicated to financial innovation, announces 10 startups selected for the Technology Association of Georgia (TAG) FinTech South Innovation Challenge’s 2020 class. According to FinTech South, the companies selected will participate in a four-week Education and Mentoring Program, which aims to… Read More

Digital Asset Platform Bittrex Announces New Trading Features

Bittrex, a cryptocurrency exchange based in the U.S., announced on Monday it is introducing new products that will offer its users with additional benefits, control, and flexibility when trading digital assets on its platform. Bittrex reported that features include credit card support, conditional orders on… Read More

Insurtech NY Announces Global Insurtech Competition Finalists

InsurTech NY, an insurtech community that is located in the New York metro area, announces the finalists of its 2020 InsurTech Competition. The organization reported that more than 200 startups applied to compete in a two-track competition, pitting early and growth-stage companies against each other, for over $300,000 in… Read More

U.S. Mobile Banking App Empower Secures $20 Million Through Series A Funding Round

Empower, a U.S.-based mobile banking app, announced on Thursday it secured $20 million through its Series A funding round. Participants of the round included new investors Icon Ventures, Defy Ventures, and David Velez, Founder and CEO of Nubank, one of the most valuable financial technology startups… Read More

Family Finance Mobile App Jassby Scores $5 Million Through Latest Investment Round

Jassby, Inc., a U.S.-based family finance mobile app startup, announced on Thursday it raised $5 Million through its latest investment round, which was led by Moneta Capital and Needham Bank with participation from its existing investors such as Blumberg Capital, Correlation VC, and PnP Ventures. The funding… Read More

Roostify Announces Expansion of Partnership With TD Bank

Roostify, a U.S.-based digital lending platform provider, announced on Wednesday it has extended its partnership with TD Bank to deliver its home equity solution to the bank’s digital home lending platform. Roostify reported that last year, it and TD Bank partnered to launch a digital… Read More

Brex Opens First International Office In Vancouver

U.S. fintech Brex announced on Wednesday the opening of its new office in Vancouver. The company reported that the location is its first-ever international office and will staff around 40 employees. The initial focus of the location will be software engineering and customer experience functions…. Read More

FinMkt Appoints Former PayPal Executive Todd Aronoff As Vice President of Strategic Partnerships

Fintech

FinMkt, Inc., a U.S.-based provider of technology and infrastructure for the online lending industry, announced on Tuesday it has appointed Todd Aronoff as its new Vice President of Strategic Partnerships. According to FinMkt Aronoff has held positions at PayPal, China UnionPay, and Citi, with his… Read More

Fiserv Announces Acquisition of MerchantPro Express

Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, announced on Tuesday it has acquired MerchantPro Express, an Independent Sales Organization (ISO) that provides state-of-the-art processing services, advanced point-of-sale (POS) equipment and merchant cash advances to businesses across the U.S., as part of its… Read More

Simple Appoints Tesla’s Moin Moinuddin As New Head of Engineering

Simple, a U.S. fintech and subsidiary of BBVA USA, announced on Monday it has appointed Moin Moinuddin as its new Head of Engineering. According to Simple, Moinuddin will lead all of Engineering, which includes product engineering and infrastructure. Moinuddin reportedly brings decades of experience in… Read More

Broadridge Completes Acquisition of FundsLibrary

U.S.-based fintech Broadridge Financial Solutions announced on Monday it has completed the acquisition of FundsLibrary, a company focused on fund document and data dissemination in the European market. Broadridge notably acquired FundLibrary from its parent company Hargreaves Lansdown. As previously reported, Broadridge shared that by combining… Read More

Lendio Secures $55 Million Through Series E Funding Round Led By Mercato Partners

U.S.-based online lending platform Lendio recently announced it secured $55 million through its Series E funding round, which reportedly included $31 million in equity led by Mercato Partners’ Traverse Fund and a $24 million debt facility from Signature Bank. The equity round was oversubscribed by existing… Read More

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