June 19, 2018 @ 9:17 am By Samantha Hurst  |  

On Tuesday, U.S. fintech Brex announced the launch of its new corporate card that’s specifically designed to help startups qualify based on funding rather than credit history. This news comes just after Brex completed its Series B funding round, bringing its total funding to $57… Read More

June 13, 2018 @ 7:03 am By Samantha Hurst  |  

U.S. insurtech startup Kin Insurance announced earlier this week it secured $13 million through its latest round of funding. The company reported the funds will go towards its mission to help protect homeowners nationwide. Founded in 2017, Kin describes itself as a home insurance startup… Read More

June 6, 2018 @ 2:47 pm By Samantha Hurst  |  

Boston-based cryptocurrency platform Circle is now making plans to apply for a banking license in the U.S. As previously reported, Circle, which is backed by Goldman Sachs, was founded in 2013 and offers four products: Circle Invest, which allows users to easily invest in crypto; Circle Pay,… Read More

May 23, 2018 @ 10:48 am By Samantha Hurst  |  

Afterpay, a digital platform that offers interest-free installment plans for online purchases, announced on Wednesday its launch into the U.S. Named as one of Australia’s fastest growing fintech companies by IDC, initial retailers integrating its “buy-now, pay-later” platform includes popular fashion and lifestyle retailer Urban… Read More

May 18, 2018 @ 9:16 pm By Samantha Hurst  |  

Sageworks, a U.S. fintech that offers lending, credit risk, and portfolio risk solutions to banks and credit unions, announced on Friday it was acquired by Accel-AKKR, a private equity firm based in Menlo Park, California. As previously reported, Sageworks, which was founded in 1998, offers banks and… Read More

April 18, 2018 @ 2:50 pm By Samantha Hurst  |  

Wunder Capital, a firm that develops and manages solar investment funds through partnerships, test processes, underwriting framework and its investment portal, announced on Wednesday it secured $112 million in equity and debt financing to accelerate the growth of the company. Founded in 2013, Wunder Capital… Read More

April 12, 2018 @ 9:26 am By Samantha Hurst  |  

On Tuesday, fintech startup Avoka announced that Colorado-based Alphine Bank has selected the Avoka Transact Platform to enhance its digital presence. Avoka reported that it will deliver completely digital account openings that include ID verification, funding, and immediate establishment of the account. The company noted… Read More

March 26, 2018 @ 10:05 am By Samantha Hurst  |  

Galileo, a U.S.-based payments processors and program management firm, announced on Monday it has grown and even expanded capabilities that address timely issues impacting the payments industry, including fraud and cryptocurrency. Founded in 2000, Galileo claims to be one of the largest payment processors and… Read More

March 15, 2018 @ 8:44 am By Samantha Hurst  |  

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Thursday the launch of its first wave of accounting system integrations for its new end-to-end spend management platform. According to AvidXchange, as part of the 2017 Ariett acquisition, the… Read More

March 14, 2018 @ 2:27 pm By Samantha Hurst  |  

On Tuesday, online lender Funding Circle announced it was appointed Bernardo Martinez as its new U.S. managing director. He succeeds co-founder Sam Hodges, who is now to become Chairman of Funding Circle U.S. According to Funding Circle, Martinez joins the platform’s team from PayPal, where he… Read More

March 12, 2018 @ 12:04 pm By Samantha Hurst  |  

FinFit, a U.S.-based fintech that provides more than 80,000 American companies with a financial wellness benefit platform, announced on Monday the closing of a $35 million senior credit facility with Ares Management. The company stated it has the ability to increase the senior credit facility… Read More

March 1, 2018 @ 3:00 pm By Samantha Hurst  |  

Validus Specialty Underwriting Services, Inc. (Validus Specialty) announced on Thursday a comprehensive package policy specifically designed for private U.S. fintech companies. According to the company, the solution is designed to address Fintech’s complex risk management needs, which are traditionally underserved by incompatible and inadequate policy forms. Speaking about… Read More

February 21, 2018 @ 9:00 am By Samantha Hurst  |  

Greenlight Financial Technology, Inc., a Georgia-based fintech company that created a smart debit card for kids, teens, and college students, announced on Wednesday it secured $16 million during its latest Series A financing round, which was led by  TTV Capital with participation from existing investors, New Enterprise Associates Inc…. Read More

February 8, 2018 @ 9:12 am By Samantha Hurst  |  

Last week, Chinese peer-to-peer lending platform Senmiao Technology announces terms for its upcoming $14 million U.S. initial public offering (IPO).  Founded in 2014, Senmiao Technology offers director loans and assignment of loans to medium-size enterprise, borrowers, and creditors. According to Renaissance Capital, the online lender plans to… Read More

January 30, 2018 @ 9:39 am By Samantha Hurst  |  

The DCU FinTech Innovation Center, which houses the largest concentration of fintech startups in New England, announced on Tuesday ten new seed-stage ventures in its latest Cohort. The Center stated it is fully funded by Digital Federal Credit Union, better known as DCU. The Center’s… Read More

January 23, 2018 @ 2:03 pm By Samantha Hurst  |  

Ohio insurtech Root Insurance announced on Tuesday it kicked off the new year by being available in four additional states. The company revealed it now offers insurance to nearly 30 million more drivers across Pennsylvania, Texas, Kentuc, y and Mississippi. Drivers in ten total states… Read More

January 15, 2018 @ 11:47 am By Samantha Hurst  |  

The U.S. Payments Forum announced on Monday it has elected its 2018 Steering Committee. According to the organization, the Steering Committee manages the Forum and guides the priorities and plans of the organization and its working committees – ATM; Card-Not-Present Fraud; Communication and Education; Mobile and Contactless… Read More

December 26, 2017 @ 12:38 pm By Samantha Hurst  |  

Just a few months after the Trump Administration announced it was ending the Deferred Action for Childhood Arrivals (DACA) program, global crowdfunding platform Indiegogo revealed its support for the program. The funding portal revealed in a blog post last week: “A few months ago, President… Read More

December 5, 2017 @ 1:19 pm By Samantha Hurst  |  

Overbond Ltd., a capital markets platform for primary bond origination and fixed income deal execution, announced on Tuesday it has appointed George Harrington as its Head of U.S. Business Development. According to Overbond, Harrington is a seasoned Debt Capital Markets professional, having held senior executive roles… Read More

December 4, 2017 @ 7:40 am By Samantha Hurst  |  

Cauli Rice, under its new name Fullgreen, has successfully secured its initial £500,000 funding target through its fifth equity crowdfunding campaign on Crowdcube. The initiative was launched at the end of November. As previously reported, Fullgreen officially rebranded in October 2017 and expanded its offering to include other low-carb,… Read More