July 21, 2019 @ 9:51 pm By Samantha Hurst  |  

SecurCapital Corp, an expanding supply chain and financial services provider, announced last week it has acquired Breakout Capital Finance, a fintech company and nationwide small business lender.  Founded in 2015, Breakout Capital claims it is a small business lender that provides simple, straightforward working capital… Read More

July 21, 2019 @ 9:42 pm By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced last week it has expanded  its Charlotte headquarters campus. AvidXchange reported that the new, 201,000 square-foot facility on the AvidXchange Music Factory campus will allow the company to accommodate an… Read More

July 19, 2019 @ 10:09 am By Samantha Hurst  |  

Hong Kong-based cryptocurrency platform Crypto.com announced earlier this week it is now shipping its MCO Visa Cards to customers in the U.S.  According to Crypto.com, the MCO Visa Card is a prepaid card that features high-end metal cards with no annual or monthly fees, up… Read More

July 19, 2019 @ 9:50 am By Samantha Hurst  |  

LibertyX, a platform to buy bitcoin instantly at local stores, announced earlier this week it now services more than 1,000 bitcoin ATMS throughout the U.S. Founded in 2013, LibertyX claims to be America’s largest network of bitcoin ATMs, cashiers, and kiosks. “LibertyX offers a bring-your-own-wallet… Read More

July 18, 2019 @ 3:09 pm By Samantha Hurst  |  

Fintech unicorn SoFi announced on Thursday it has appointed Aaron Webster as its new Chief Risk Officer. Webster will notably be overseeing all of SoFi’s risk, fraud, and credit management frameworks, and will lead its credit risk and underwriting activities. Webster notably joins SoFi from… Read More

July 16, 2019 @ 3:05 pm By Samantha Hurst  |  

Finix, a U.S.-based fintech startup that specializes in payments, announced on Tuesday it secured $17.5  million through its Series A funding round. Matt Harris from Bain Capital Ventures, which led the round, will be joining our board of directors. Founded in 2016, Finix claims to… Read More

July 12, 2019 @ 8:38 am By Samantha Hurst  |  

Singapore-based Pundi X announced on Friday it has completed integration support of its XPOS module on X990 made by U.S.-based Verifone. Pundi X reported that with this integration, shops and retail outlets using the Verifone X990 with XPOS module activated will now be able to… Read More

July 11, 2019 @ 11:18 pm By Samantha Hurst  |  

President Donald Trump declared on Twitter this evening that he is not a fan of cryptocurrency. Following the Social Media Summit, which took place at the White House earlier in the day, the U.S. leader revealed his true thoughts on digital currency, including what he… Read More

July 10, 2019 @ 8:02 am By Samantha Hurst  |  

U.S.-based independent mobile remittance company Remitly announced on Wednesday it secured $220 million in new financing to continue its international expansion. Remitly reported that the funding includes $135 million Series E equity and $85 million syndicated debt financing. The equity component is led by Generation… Read More

July 8, 2019 @ 10:02 am By Samantha Hurst  |  

Fintech unicorn SoFi announced on Monday the general availability of its Stock Bits feature for SoFi Invest, offering the ability to buy and sell fractional shares with as little as $1 in over 50 popular stocks and ETFs ranging from Apple and Amazon, to Alphabet and… Read More

July 3, 2019 @ 3:04 pm By Samantha Hurst  |  

eToro US announced on Wednesday it will add 120 ERC-20 tokens to its multi-crypto on-chain wallet. eToro reported that the first 5 of the 120 tokens added to the wallet today are 3 cryptoassets, Maker (MKR), Basic Attention Token (BAT), OmiseGO (OMG), and two eToro… Read More

July 3, 2019 @ 12:26 pm By Samantha Hurst  |  

Airfox, a U.S.-based fintech startup, announced on Wednesday it has teamed up with Mastercard Brazil and Zurich Insurance for expansion of its banking services. The company noted that the trio will expand the availability of affordable and cost-free banking solutions with 1% cashback to customers. … Read More

June 26, 2019 @ 9:07 am By Samantha Hurst  |  

Fintech Unicorn and stealth bank Transferwise announced on Tuesday it has launched its debit Mastercard in the U.S.  It was revealed that TransferWise debit Mastercard was built specifically for people “without borders.” TransferWire further explained: “The TransferWise debit Mastercard can be up to 4x cheaper… Read More

June 24, 2019 @ 1:34 pm By Samantha Hurst  |  

Blend, a U.S.-based mortgage tech company, announced on Monday it secured $130 million through its Series E funding round, which was led by Temasek and General Atlantic. Founded in 2012, Blend claims it works with banks and lenders to power frictionless, compliant, and more accessible… Read More

June 21, 2019 @ 7:40 am By Samantha Hurst  |  

Plaid, a U.S.-based fintech startup, announced on Thursday the launch of its new product, Investment, which enables developers, fintech apps, and financial institutions to create detailed views of customer investments. According to Plaid, Investments allows customers with financial data to inform a consumer’s understanding and… Read More

June 14, 2019 @ 3:43 pm By Samantha Hurst  |  

Payments platform Stripe announced this week that its product, Stripe Terminal, is now available to all users in the U.S. According to Stripe, Stripe Terminal is a set of SDKs, APIs, and pre-certified card readers that lets you extend your Stripe integration to accept in-person… Read More

June 13, 2019 @ 10:25 pm By Samantha Hurst  |  

Just a little over two years after raising £1.4 million through its fourth equity crowdfunding campaign on Crowdcube, Cauli Rice, under its brand name Fullgreen, has returned to the funding portal to raise a minimum of £600,000. The company is offering 2.78% equity, with a… Read More

June 11, 2019 @ 11:39 am By Samantha Hurst  |  

U.S. fintech Brex announced on Tuesday it secured $100 million through its latest investment round, which was led by Kleiner Perkins Digital Growth Fund. This round of investment comes just a couple of months after Brex received $100 million debt capital investment from Barclays Investment… Read More

June 10, 2019 @ 3:34 pm By Samantha Hurst  |  

VeriTran, a company that is looking to transform digital banking through its low-code platform, announced last week its official business expansion into the U.S with the opening of its Miami, Florida and New York offices. Founded in 2005, the company reported that its low-code platform… Read More

June 10, 2019 @ 2:27 pm By Samantha Hurst  |  

Alkami, a U.S.-based fintech, announced on Monday it secured $55 million through its Series E funding round, which was led by led by General Atlantic with participation from existing investors, including S3 Ventures and Argonaut Private Equity. As previously reported, Alkami was founded in 2009… Read More