Tagged: united states

Banking Challenger Branch Integrates with SuperSalon so that Workers Can Get Instant Digital Payments Instead of Cash when Receiving Tips

Banking challenger Branch, the Fintech firm that partners with employers, has teamed up with ProPoint Solutions salon software SuperSalon, which allows salons to digitally pay their workers. As mentioned in a release shared with Crowdfund Insider: “Branch’s integration with the point of sales software allows… Read More

U.S. Fintech RateGenius Surpasses $8.5 Billion in Refinanced Auto Loans

RateGenius, a U.S.-based fintech company with a proprietary consumer-lending platform, announced on Friday it has funded approximately $8.5 billion in auto loans. RateGenius reported that nearly $1 billion of those loans were dispersed in 2020, even though 85% of the company’s team worked remotely for much… Read More

Billtrust Appoints Gwenn Lazar As Senior Vice President of Channel Development

Fintech

Billtrust, a fintech firm focused on B2B payment cycle management, announced on Thursday it has appointed Gwenn Lazar as new Senior Vice President of Channel Development. Billtrust reported that through the role, Lazar will drive the company’s business development and channel management initiatives. Billtrust further… Read More

Wahed Inc, an Islamic Fintech backed by Saudi Aramco, to Acquire UK-based Digital Banking Startup

US-based Wahed Inc, an Islamic-finance Fintech firm that’s backed by Saudi Aramco, is reportedly planning to acquire Niyah Ltd, a UK company that operates a digital banking platform for the Muslim community. Wahed’s management noted that they’re hoping the acquisition will allow them to offer… Read More

Australian Buy Now Pay Later Provider Openpay Commence Launch in U.S. Market

Openpay Group Ltd (ASX: OPY), an Australia-based Buy now, pay later (BNPL) provider announced on Wednesday it has commenced the launch of its operations in the US market.  Openpay describes itself as a fast-growing, and highly differentiated player in global BNPL payment solutions. The provider… Read More

Rapyd Announces Expansion of American Leadership Team; Appoints LeAnne Hoang as Chief Risk and Compliance Officer & Robert MacColl as Head of Network Partnerships

B2B fintech-as-a-service provider Rapyd announced on Thursday it has expanded its American leadership team by appointing LeAnne Hoang as Chief Risk and Compliance Officer and Robert MacColl as Head of Network Partnerships. According to Rapyd, Hoang brings a wealth of regulatory and compliance knowledge to… Read More

University of Alabama Teams Up with Chainalysis to Offer Crypto and Blockchain Training Courses

The University of Alabama is teaming up with Chainalysis, a provider of compliance and investigation software of virtual currency transactions. Through the partnership, both organizations will aim to offer “cutting-edge” education and training for students. Blockchain analysis firm Chainalysis noted in a blog post that… Read More

Canadian Fintech Expertus, Processor of $50B in Transactions Per Day, Acquired by Tech Giant IBM

New York-based tech giant IBM Corp. (NYSE:IBM) has acquired Expertus Technologies Inc., a Canadian Fintech company that assists clients with processing over $50 billion in transactions per day. IBM bought the company so that it could enhance its electronic-payments capabilities. Expertus has now been added… Read More

Digital Asset Exchange Coinbase Adds DeFi Tokens Aave, Bancor (BNT), Synthetix (SNX)

Digital asset exchange Coinbase has announced that it has added Aave (AAVE), Bancor (BNT) and Synthetix Network Token (SNX). All three cryptocurrencies are available for trading on the US-based trading platform. The Coinbase team noted that beginning today (December 16, 2020), the exchange will support… Read More

Global Payments Network Veem Announces Multi-Rail Payment Technology Enhancements

  Global payments platform Veem announced on Wednesday core enhancements to its domestic and international routing technology. According to Veem, the enhancements will improve the way businesses pay and get paid within the U.S. and around the world. “Veem’s expansion of its multi-rail technology capabilities… Read More

U.S. Digital Asset Trading Platform FalconX Announces Investment From American Express; Discloses Nearly $3 Billion Per Month in Trade Volumes

FalconX, a U.S.-based digital asset trading platform, announced on Wednesday it secured an investment from American Express Ventures. According to FalconX, American Express Ventures joined existing investors Accel, Accomplice VC, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures, a venture… Read More

U.S. Insurtech Bestow Raises $70 Million Through Series C Funding Round

  Bestow, a U.S.-based insurtech that delivers algo powered life insurance underwriting, announced on Wednesday it raised $70 million through its Series C funding round from new and existing investors, including Breyer Capital, Valar Ventures, New Enterprise Associates, Core Innovation Ventures, Morpheus Ventures, and Sammons… Read More

U.S. Fintech Self Financial Secures $40 Million Through Series D Funding Round Led By Meritech Capital

U.S. fintech Self Financial announced on Tuesday it secured $40 million through its Series D investment round, which was led by Meritech Capital with participation from  Altos Ventures, Conductive Ventures, and Silverton Partners. According to Self, the investment round brings its total funds to $77 million and comes… Read More

Public, Provider of Commission-Free Social Investing App, Secures $65 Million via Series C Round

US-based Public, the provider of a commission-free social investing app, has reportedly finalized a $65 million Series C investment round that was led by Accel. American professional skateboarder Tony Hawk also took part in the round. Advancit Capital, Greycroft, Lakestar, business executive Richard Parsons, and… Read More

CBDCs: Modern Central Sandbox Introduced by EMTECH to Help with Testing Central Bank Digital Currencies

EMTECH has introduced its “pilot-ready” innovation and regulatory compliance platform, the Modern Central Bank Sandbox, which will focus on serving reserve banks that are planning to “streamline regulatory reviews,” work with innovators on emerging technology (EmTech), or safely test their Central Bank Digital Currencies (CBDC)…. Read More

Paysafe Expands Paysafecash Services to the U.S.

  Integrated payments platform Paysafe announced on Tuesday it has expanded its alternative payment method Paysafecash to the U.S. This expansion comes less than six months after Paysafecash made its debut in Mexico. Now in nearly 30 countries, Safesafecash is designed for consumers who do… Read More

Radius Bank Forms Partnership With Narmi to Launch Enhanced Online Banking & Mobile App Experience for Small Business Clients

  U.S. digital bank Radius Bank announced on Tuesday the recent launch of its enhanced online business banking platform and mobile app for small business clients. According to Radius Bank, The overhauled user experience was the result of the bank’s continued partnership with fintech startup… Read More

U.S. Healthcare Fintech Lendeavor Rebrands to “Provide”; Raises $34 Million Through Series A & B Investment Rounds

  Lendeavor, a U.S.-based fintech for healthcare practices, announced on Tuesday it has rebranded to Provide, as well as raised $34 million in Series A and B equity financing led by QED Investors, with additional funding from Fifth Third Bank, Montage Ventures, and Clocktower Technology… Read More

U.S. Cross-Border Consumer Credit Reporting Startup Nova Credit Unveils “Ellis” Financial Marketplace Specifically For Newcomers to the U.S.

Nova Credit, a U.S. cross-border consumer credit reporting startup, announced on Tuesday the launch of Ellis, which is a financial marketplace specifically for newcomers to the U.S. to apply for credit cards with confidence based on their international credit report. The platform’s description reads: “Ellis… Read More

Galileo Joins Forces With TomoCredit to Introduce Credit Card for Consumers Lacking Credit History

    U.S. fintech Galileo announced on Tuesday it has joined forces with TomoCredit to launch a new credit card specifically for consumers lacking a credit history. The company claims the new card is considered the only credit card that does not require a credit… Read More

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