Tagged: united states

November 18, 2020 @ 4:23 pm By Samantha Hurst  |  

  Assurely, a U.S.-based insurtech that provides embedded insurance as a service, recently announced its closed its seed round, which was led by ATX Ventures. The company reported that the investment round brought its total funding to just more than $3.7 million. Founded in 2016,… Read More

November 18, 2020 @ 12:00 pm By Samantha Hurst  |  

Cardless, Inc., a U.S.-based consumer credit card financial technology firm that helps brands launch and run custom co-branded credit card programs, today announced the launch of its platform, which enables brands to reward loyal customers and fans.  Founded in 2019, Cardless claims it’ll be the… Read More

November 18, 2020 @ 10:51 am By Samantha Hurst  |  

Obligo, a U.S.-based fintech startup that’s focused on the real estate market, announced on Tuesday it raised $15.5 million Series A funding round from investors, including 83North, 10D, Entrée Capital, Viola Credit, and other strategic real estate investors. This latest round of funding comes just a… Read More

November 18, 2020 @ 8:06 am By Samantha Hurst  |  

bolt, a U.S.-based insurtech exchange, recently announced it has reached an all-time high of more than $4 billion in active insurance premiums on its platform. The company noted that the premiums get by more than a third since May 2020. Founded in 2000, bolt enables… Read More

November 18, 2020 @ 7:25 am By Omar Faridi  |  

Global payments solution provider Adyen (AMS: ADYEN), which claims it’s the platform of choice for many major international businesses, has partnered with Affirm, which provides a payment method that offers consumers a “transparent” way to pay over time via online platforms and in-store. Affirm was… Read More

November 17, 2020 @ 3:34 pm By Samantha Hurst  |  

Amicus.io, the fintech company behind the philanthropic platform for DAF 2.0, announced on Tuesday it secured an additional $8.7 million through its Series B funding round, which was led by The FR Group. Founded in 2013, Amicus.io is making philanthropy as online banking. “Grow your… Read More

November 17, 2020 @ 9:18 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions announced on Tuesday the first phase of its enhanced virtual shareholder meetings (VSM) platform. According to Broadridge, the VSM will increase accessibility, transparency, and engagement to meet the rising expectations of corporate issuers, mutual funds, and shareholders.  The new experience… Read More

November 17, 2020 @ 8:43 am By Omar Faridi  |  

The former NYSE President Tom Farley has filed for a second Special Purpose Acquisition Company (SPAC) initial public offering (IPO). Once again, Farley will be gunning for a Fintech, according to a post on Renaissance Capital. Previously, Farley’s Far Peak Acquisition (NYSE: FPAC) closed on the… Read More

November 16, 2020 @ 8:23 am By Samantha Hurst  |  

BBVA announced on Monday it has agreed to sell to PNC its subsidiary in the U.S. for approximately $11.6 billion (€9.7 billion) in cash. According to BBVA, the selling amount represents 19.7 times the unit’s 2019 earnings, which is almost 50% of BBVA’s current market capitalization. BBVA… Read More

November 13, 2020 @ 5:24 pm By Omar Faridi  |  

Truebill has secured $17 million in capital through a Series C investment round in order to help it with growing from a subscription management service to a comprehensive personal financial management (PFM) app. Truebill’s round was led by Bessemer Venture Partners. Eldridge, Cota Capital, Firebolt… Read More

November 13, 2020 @ 8:18 am By Samantha Hurst  |  

    Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has launched Rapyd Protect, which is a fraud solution designed to protect businesses and consumers against fraud across countries and payment methods. According to Rapyd, Rapyd Protect is a fraud… Read More

November 13, 2020 @ 1:02 am By Omar Faridi  |  

  We recently connected with Prashant Fuloria, CEO at Fundbox,  an AI-driven credit platform for B2B commerce. Fundbox focuses on “disrupting” the $21 trillion B2B commerce market by developing the first B2B payment and credit network. Sellers (of all sizes) are able to use Fundbox’s… Read More

November 12, 2020 @ 8:39 pm By Omar Faridi  |  

    Texas-based Fintech firm AppBrilliance, which offers an open payment platform, has acquired more than $3 million through a seed funding round that was joined by Studio VC. Headquartered in Austin, AppBrilliance aims to disrupt the $4 trillion payment processing sector by offering non-custodial… Read More

November 11, 2020 @ 12:43 pm By Samantha Hurst  |  

Covered Care, a division of Covered, announced on Wednesday it secured a $100 million financing line from funds and accounts managed by Fortress Investment Group LLC, a global investment manager. Covered Care was notably founded by a group of fintech industry veterans to provide better… Read More

November 11, 2020 @ 8:13 am By Samantha Hurst  |  

U.S.-based homeownership platform Better.com announced on Wednesday it secured $200 million through its Series D funding round, which was led by L Catterton with participation from Activant Capital, Ally Financial, American Express Ventures, Ping An Global Voyager Fund, and 9Yards Capital. The latest funding round… Read More

November 10, 2020 @ 3:58 pm By Samantha Hurst  |  

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday the release of its November 2020 Life Insurance Price Index. According to Policygenius, the Index displays average monthly life insurance rates using current data from leading life insurance carriers. New data from this free index is… Read More

November 10, 2020 @ 12:01 pm By Samantha Hurst  |  

U.S.-based insurtech startup Pie Insurance announced on Tuesday it has launched its API for partners. Pie reported by using the program partners who serve small businesses may get a quote without leaving their platform or website. They may also customize their integration as well a connect… Read More

November 10, 2020 @ 9:46 am By Samantha Hurst  |  

  Finch, a U.S.-based fintech startup that integrates the benefits of investing and the flexibility of checking into a seamless all-in-one account, announced on Tuesday it has launched its all-in-one checking and investing platform. The company reportedly it is backed by investors in fintech and global… Read More

November 9, 2020 @ 5:42 pm By Omar Faridi  |  

Qatar’s private sector is now ready to work cooperatively with US-based companies and businesses, according to Qatar Development Bank CEO Abdulaziz Bin Nasser Al Khalifa. As previously reported, the Qatar Development Bank (QDB) offers financial services, banking, and loans to support the development of the… Read More

November 9, 2020 @ 12:40 pm By Omar Faridi  |  

Adena Friedman, CEO at Nasdaq, the world’s second-largest stock exchange with a market cap of around $17 trillion, notes that the COVID-19 pandemic is “fundamentally accelerating” the adoption of Software-as-a-Service (SaaS) solutions. According to Friedman, the current environment has also led to the increased usage… Read More