Tagged: u.s.

U.S. Fintech PayJoy Secures $20 Million In Debt Financing From Arc Labs

PayJoy, a San Francisco fintech startup, announced on Thursday it secured $20 million in debt-financing from Arc Labs, a venture partner to innovative companies serving the underbanked. According to PayJoy, the financing was given to bring smartphones and credit to the underbanked in Mexico. Founded in… Read More

Biz2Credit Announces New Partnerships With Popular Bank to Expand Small Business Financing Solutions

Biz2Credit announced on Tuesday it has formed a new partnership with U.S. banking group Popular Bank to expand on the bank’s digital presence and help streamline its small business loan application process. The duo reported that through this new partnership Popular Bank will leverage Biz2Credit’s analytics… Read More

BrewDog Launches Craft Beer Airline “BrewDog Airlines”

Crowdfunded craft brewery BrewDog announced on Thursday it is now offering beer lovers an ultimate craft beer experience that is featured on the brewing company’s new craft beer airline. According to BrewDog, BrewDog Airlines takes flight in February 2019 with a round-trip between London and… Read More

Multi-Currency Payments Platform WorldFirst Launches World Account for U.S. Businesses

WorldFirst, a UK-based multi-currency payments platform, announced on Tuesday it launched its World Account for U.S. businesses and online sellers. The solution made its debut after being launched by WorldFirst Co-Founder and CEO Jonathan Quin and Managing Director Jeff Parker while they were on stage… Read More

Coinbase Teams Up With Circle to Launch USDC Stablecoin

Crypto marketplace Coinbase announced on Tuesday it has teamed up with Circle to launch the USDC stablecoin. Coinbase reported that the new stablecoin is fully collateralized by U.S. dollars and supported by the marketplace and Circle as co-founding members of the CENTRE Consortium. According to Coinbase, customers… Read More

Global Payments Provider Klarna Announces Rancourt As First U.S. Merchant

Klarna announced on Monday it has signed Rancourt & Co., premium leather shoe crafters, as its first U.S. merchant. This news comes less than two weeks after H&M reportedly invested $20 million into the Swedish fintech. As previously reported, Klarna was founded in 2005 and offers… Read More

PNC Bank Announces New Partnership With OnDeck to Launch Digital Business Lending Platform in 2019

U.S.-based banking firm PNC Bank announced on Monday it has partnered with online lender OnDeck to create a new digital business lending platform, which is set to launch in 2019. According to the banking group, the lending portal will offer fully digital business lines of… Read More

FundGuard Secures $4 Million in Seed Funding & Launches Investment Management SaaS Platform

FundGuard, a U.S.-based cloud-based investment funds operating system powered by AI and designed to revolutionize the investment funds technology space, announced on Friday it secured $4 million through its seed funding round, which was led by venture firms Blumberg Capital and LionBird. The company also launched its… Read More

BBVA Debuts BaaS platform in the U.S.

BBVA announced on Tuesday it is now offering a full suite of Banking as a Service (BaaS) products in the U.S. through its BBVA Open Platform program. BBVA reported that its Open Platform initiative enables third parties to easily integrate payments and complementary banking services… Read More

U.S. Insurtech Haven Life Increase Maximum Coverage Amount to $3 Million

U.S. insurtech Haven Life announced at InsureTech Connect 2018 it is increasing its maximum coverage amount to $3 million. According to the insurance brand, this increase in face amount from $2 million to $3 million is a strategic move to better serve customers who are coming to Haven Life to secure affordable,… Read More

Credit Karma Announces Expansion into Insurance; Launches Auto Insurance Offers in California & Texas

Credit Karma announced earlier this week it is now offering car insurance in Texas and California. Credit Karma’s members in those states are now able to see what they could be paying for auto insurance based on what members like them are paying for the same coverage…. Read More

Digital Online Lender Roostify Launches Mobile App on Salesforce AppExchange

Mark McLaughlin

Roostify, a U.S.-based digital lending platform provider, today announced it has launched its Roostify connected app on Salesforce AppExchange. According to Roostify, the app enables mutual customers to easily connect leads generated within the Roostify suite of lead generation tools to their Salesforce environment. The app… Read More

Varo Money Teams Up With Temenos to Launch Banking Service in the U.S.

Just days after Varo Money received preliminary approval from the Office of the Comptroller of the Currency (OCC) for a national banking charter, the digital-only challenger bank announced it has teamed up with Temenos to help launch banking services in the U.S. According to Temenos, Varo… Read More

U.S. Digital Remittance Company Remitly Announces European Expansion & Announces Partnership With Stripe

Just one year after launching its service in the UK,  U.S.-based independent mobile remittance company Remitly announced it was continuing its global expansion efforts by launching in Europe. Founded in 2011, Remitly describes itself as an international payments company that leverages digital channels, including mobile… Read More

Global Payments Provider Paysafe Announces Launch of Accelerated Funding to Enable Fast Settlements for U.S. SMB’s

Paysafe Group, a U.S.-based global payments provider, announced on Monday the launch of its Paysafe Accelerated Funding, which is described as a comprehensive suite of fast and flexible same or next day settlement options for small and medium-sized businesses (SMBs) based in the U.S. According to… Read More

Fintech Payment Firm LumoXchange Extends Money Transfer Marketplace With Launch in the Philippines

LumoXchange, U.S.-based fintech payments company, announced on Monday the launch of its money transfer service to the Philippines. The company reported it has built a platform that allows users to compare exchange rate offers from the leading banks in the Philippines and send money. Users… Read More

American Express to Launch New Contactless Payment Wristband During the 2018 U.S. Open Tennis Championships

Credit card giant American Express announced last week it will be launching a range of onsite benefits and experiences for card members attending the 2018 US Open Tennis Championships, which is currently taking place at the USTA Billie Jean King National Tennis Center in Queens,… Read More

BrewDog Set to Open First Beer Hotel At Ohio Brewery Location on August 27th

On Tuesday, crowdfunded brewing company BrewDog announced it is set to open anticipated craft beer hotel, the DogHouse, on August 27th, at its brewery location in Ohio. The opening of the hotel comes just a little over two years after BrewDog secured $324,072 through its… Read More

Kyyba Innovations Collaborates With Fintech Valley Vizag to Launch $1 Million Startup Challenge

Kyyba Innovations, an innovation and collaboration eco-system, announced on Tuesday it has teamed up with Fintech Valley Vizag, a sustainable global Fintech ecosystem, to organize a $1 million Startup Challenge as part of the Vizag Fintech Festival. The Challenge, which started last month, will conclude… Read More

American Insurance Firm Travelers Acquires Major Stake in Canadian Insurtech Zensurance

Travelers, a U.S.-based insurance firm, has reportedly acquired a major stake in Canadian insurtech startup Zensurance. Founded in 2016, Zensurance claims it is leading the technology revolution in the insurance industry. The company, which uses data and analytics to identify most common risks, is able to… Read More

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