Tagged: u.s.

March 5, 2019 @ 8:17 am By Samantha Hurst  |  

Securitize, a platform that facilitates security token offerings, announced last week it has opened new offices in NYC and London, as well as expanded its services into Asia. As previously reported, Securitize describes itself as a compliance platform and protocol for issuing and managing digital… Read More

March 4, 2019 @ 1:26 pm By Samantha Hurst  |  

Afterpay, an Australia-based digital platform that offers interest-free installment plans for online purchases, announced on Monday it has hit one million customers in the U.S. As previously reported, Afterpay was founded in 2015 and reported its platform has grown to include more than 14,000 Australian… Read More

March 4, 2019 @ 1:13 pm By Samantha Hurst  |  

Modo, a U.S.-based bank-grade fintech-as-a-service platform that connects merchants to the market of payment services providers, announced on Monday the launch of its new product, /Checkout, which is focused on simplifying the payment stack for e-commerce merchants. Modo explained: “With one connection to Modo’s /Checkout… Read More

February 28, 2019 @ 9:50 pm By Samantha Hurst  |  

U.S. fintech Brex announced on Thursday the launch of its new corporate card specifically for e-commerce. As previously reported, Brex is on a mission to rebuild B2B financial products, starting with a corporate credit card for technology companies. “We help startups of all sizes (from… Read More

February 28, 2019 @ 2:26 pm By Samantha Hurst  |  

Taulia, a U.S.-based working capital solutions provider, recently released its 2018 report, which revealed that the company experienced growth marked by numerous achievements, which includes accelerating $24 billion in early payments, doubling from $12 billion in 2017, and expanding its network by over 1 million… Read More

February 20, 2019 @ 1:44 pm By Samantha Hurst  |  

PayJoy, a U.S.-based fintech startup, announced on Wednesday the global availability of its Lock API. PayJoy reported that the API allows PayJoy’s lending partners to secure financing with compatible smartphones. As previously reported, PayJoy reported it has helped tens of thousands of underbanked consumers in emerging markets,… Read More

February 13, 2019 @ 4:18 pm By Samantha Hurst  |  

Private lending syndication platform CrowdOut Capital announced on Wednesday it has opened a new office in Dallas and appointed Stu Bell as its new Managing Director, who has more than 20 years of experience in commercial banking and private equity.. This news comes just two… Read More

February 7, 2019 @ 1:59 pm By Samantha Hurst  |  

Jetty, a U.S.-based insurtech startup, announced on Wednesday it secured $25 million through its Series B funding round led by Keith Rabois of Khosla Ventures with participation from Valar Ventures and Ribbit Capital. Founded by Mike Rudoy and Luke Cohler, Jetty states it offers insurance that is designed to help… Read More

January 30, 2019 @ 11:10 am By Samantha Hurst  |  

Fintech incubator FinTech Consortium announced on Wednesday it has teamed up with Georgetown University to launch a professional development program in fintech. According to FinTech Consortium, the program is specifically designed for professionals with at least two years of experience in financial services or technology,… Read More

January 29, 2019 @ 12:59 pm By Samantha Hurst  |  

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Tuesday it has formed a new partnership with Railsbank Technology Limited, a UK-based open banking and RegTech technology services platform, to provide Railsbank a variety of API-powered, banking and… Read More

January 27, 2019 @ 1:37 pm By Samantha Hurst  |  

Root Insurance, an Ohio-based car insurtech company, announced last week plans for continued expansion into additional states in 2019, with a goal to expand its services nationwide by 2020. As previously reported, Root was founded in 2015 and describes itself as a full-stack automobile insurance company founded on the… Read More

January 25, 2019 @ 11:35 am By Samantha Hurst  |  

RealBlocks, a U.S.-based blockchain-powered real estate tech platform, announced on Friday it secured $3.1 million through its latest seed funding round, which was led by Science Inc. with participation from Morgan Creek Digital, Zelkova Ventures, Ulu Ventures, and Cross Culture Ventures. Founded in 2017, RealBlocks revealed… Read More

January 24, 2019 @ 3:15 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Wednesday it has donated more than $130,000 to underserved business owners nearly 80 countries through Kiva microloans. According to Lendio, the donations were given through continued efforts to support business growth around the world, the Lendio Gives program has funded more than 5,000… Read More

January 23, 2019 @ 9:14 am By Samantha Hurst  |  

U.S. fintech startup Kyriba Corp. announced on Wednesday it has reached an agreement to acquire FiREapps, an enterprise currency management firm, to create a solution for managing a lifecycle of global foreign exchange (FX) risk. According to Kyriba, the agreement will combine two global leaders in cloud treasury and… Read More

January 22, 2019 @ 4:55 pm By Samantha Hurst  |  

Apple’s mobile contactless payment system Apple Pay announced on Tuesday it is coming to Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores, and Jack in the Box.  According to Apple, 74 of the top 100 merchants in the US and 65 % of all retail locations… Read More

January 14, 2019 @ 1:28 pm By Samantha Hurst  |  

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Monday it has surpassed $1 billion in processed funds for timely earned wage access to the underserved and underbanked workforce. Speaking about the milestone, Safwan Shah, Founder and CEO of PayActiv, stated: “Financial stress is at… Read More

January 4, 2019 @ 10:07 pm By Samantha Hurst  |  

Ternio, a U.S.-based blockchain firm, announced on Friday the launch of its new cryptocurrency debit card, BlockCard. Founded in 2017, Ternio provides a highly scalable blockchain framework called Lexicon to enterprise business clients. According to Ternio, Lexicon is independently verified at over 1 million transactions… Read More

January 4, 2019 @ 8:35 am By Samantha Hurst  |  

Chime, a U.S.-based app-only bank, announced earlier this week it is on track to open more than 100,000 bank accounts per month and expects to reach one million total this quarter. The banking group claims that with more than 750,000 bank accounts opened to date… Read More

January 3, 2019 @ 8:54 am By Samantha Hurst  |  

Plaid, a U.S.-based fintech startup, recently announced it now supports more than 3,000 institutions for authority and identity. The news comes just after the company raised $250 million through its Series C funding round, which was reportedly led by venture capitalist and Internet Trends author, Mary Meeker…. Read More

December 31, 2018 @ 2:14 pm By Samantha Hurst  |  

Tala, a U.S.-based consumer lending app in emerging markets, recently announced it has partnered with Smart Campaign, a global initiative to promote strong financial client protection for low-income clients housed at the Center for Financial Inclusion at Accion, for digital client protection research. The duo… Read More