Tagged: u.s.

February 25, 2021 @ 9:21 am By Samantha Hurst  |  

  Treasury Prime, a U.S.-based API banking platform, announced on Thursday it has teamed up with Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, to bring Marqeta’s modern card issuing capabilities to the Treasury Prime API. Treasury Prime reported… Read More

February 25, 2021 @ 8:23 am By Samantha Hurst  |  

Digital banking group Varo Bank announced on Thursday the launch of Varo Believe Program, which is described as an innovative credit building product that includes a Visa credit card and credit monitoring. According to Varo, the Believe Program is aimed at the 45 million Americans who… Read More

February 24, 2021 @ 1:41 pm By Samantha Hurst  |  

Petal, a credit card startup pioneering “Cashflow Underwriting” as an alternative to traditional credit scoring, announced on Wednesday it has closed a new committed debt facility, totaling more than $125 million. According to Petal, the new facility includes $100 million from Silicon Valley Bank (SVB), the bank… Read More

February 23, 2021 @ 1:46 pm By Samantha Hurst  |  

    Promise, a U.S.-based payments technology platform, recently announced it secured $20 million through its Series A funding round, bringing its total fundraising amount to over $30 million. The investment round was notably led by Kapor Capital and XYZ, with additional funding coming from… Read More

February 23, 2021 @ 1:26 pm By Samantha Hurst  |  

  Koffie Labs, a U.S.-based insurtech that is focused on reinventing the trucking and transportation markets, announced on Tuesday it has raised $4.5m in venture financing.  According to Koffie, Anthemis Group and Lerer Hippeau led two rounds of seed round financing with participation from 2048… Read More

February 23, 2021 @ 9:00 am By Samantha Hurst  |  

EquityBee, a U.S.-based startup employees’ stock options funding solution provider, announced on Tuesday it secured $20 million through its Series A funding round, which was led by Group 11 with participation from Oren Zeev Ventures, Battery Ventures, and ICON Continuity Fund. EquityBee reported that the… Read More

February 22, 2021 @ 2:29 pm By Samantha Hurst  |  

  Torii, a U.S.-based software-as-a-service (SaaS) provider, has reportedly secured $10 million through its Series A funding round. Founded in 2017, Torii stated its mission is to help modern IT drive the business forward by making the “best use” of SaaS. “We help IT professionals… Read More

February 21, 2021 @ 9:22 pm By Samantha Hurst  |  

  FormFree, a U.S.-based fintech, announced on Friday it has expanded its AccountChek 3n1 (3n1) asset, employment and income verification service, to now cover 85% of U.S. workers whose employers utilize a payroll processing service, representing over 100 million wage earners. Founded in 2008, FormFree describes… Read More

February 18, 2021 @ 9:18 pm By Samantha Hurst  |  

  Just a couple of months after securing $95 million through its Series F funding round, UK-based payments platform GoCardless has announced the opening of its New York City office. According to GoCardless, the new office will be led by Nanna Saito Nielsen, VP of… Read More

February 18, 2021 @ 2:48 pm By Samantha Hurst  |  

      Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a Canada-based digital payments and financial technology company, announced on Thursday its wholly owned subsidiary, Carta Worldwide, a modern card issuing platform, is expanding into the U.S. As previously reported, Carta is described as a modern open-API issuer platform… Read More

February 18, 2021 @ 10:54 am By Samantha Hurst  |  

  Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Thursday its expansion into the consumer credit card market to support businesses that want to launch modern credit card programs.  Marqeta revealed its credit card issuing platform… Read More

February 18, 2021 @ 9:36 am By Samantha Hurst  |  

  Digital payments platform Wirex announced on Thursday it has teamed up with Zero Hash, a crypto trading infrastructure platform owned by Seed CX, to support its upcoming U.S. expansion. Wirex reported that through the collaboration it will launch its products across the U.S. in… Read More

February 18, 2021 @ 8:15 am By Samantha Hurst  |  

  Digital banking group Varo Bank announced on Thursday an extensive engagement with Russell Westbrook, nine-time NBA All-Star, NBA MVP, entrepreneur, philanthropist, and designer. Varo Bank reported that Westbrook is now an investor as well as an advisor.  He will have direct input into the future direction… Read More

February 17, 2021 @ 11:57 am By Samantha Hurst  |  

  InsurePay, a U.S.-based workers’ compensation administration and insurance premium billing platform for insurance providers, announced on Wednesday it raised $5 million through its Series A investment round, which was led by FINTOP Capital. Founded in 2003, InsurePay claims it delivers world-class solutions in the… Read More

February 17, 2021 @ 10:37 am By Samantha Hurst  |  

SeedFi, a U.S.-based fintech, has reportedly secured $65 million through its Series A funding round and debt financing. According to Crunchbase News, the company raised $15 million Series A funding and $50 million in debt. Founded in 2019, SeedFi stated it is building a new generation… Read More

February 16, 2021 @ 4:12 pm By Samantha Hurst  |  

  U.S. insurtech startup Kin Insurance announced on Tuesday it has surpassed $10 billion in total insured property value. Kin reported that it saw a 400% increase in direct written premiums of the fourth quarter of 2020 over the past year. It also saw a… Read More

February 14, 2021 @ 10:49 pm By Samantha Hurst  |  

  Bank of America has announced its plans to achieve net zero greenhouse gas emissions before 2050. The banking giant revealed its plans are built on its longstanding support for the Paris Climate Agreement and is continuing to actively engage with its clients to help accelerate… Read More

February 10, 2021 @ 10:07 am By Samantha Hurst  |  

NYMBUS, a U.S. financial service platform provider, announced on Wednesday it secured $53 million through its Series C funding round, which was led by Insight Partners.  As part of this round, AJ Malhotra, Principal at Insight Partners, will join Managing Director Peter Sobiloff on the… Read More

February 10, 2021 @ 9:37 am By Samantha Hurst  |  

  TomoCredit, a U.S.-based fintech that offers a credit card that’s designed to build a credit history for first-time borrowers, announced on Wednesday it secured $7 million through its seed funding round, which included participation from KB Investment Inc. (KBIC), a subsidiary of South Korea’s leading… Read More

February 9, 2021 @ 2:43 pm By Samantha Hurst  |  

Mesh Payments, a U.S.-based corporate payments processing platform, announced on Tuesday it raised $13 million through its latest financing round, which was led by TLV Partners with participation from Meron Capital and R-Squared Ventures. Founded in 2018, Mesh Payments stated it is disrupting the corporate… Read More