Tagged: united states

November 9, 2020 @ 7:50 am By Samantha Hurst  |  

U.S.-based fintech Broadridge Financial Solutions announced on Monday it has appointed Edmund Reese as its new Chief Financial Officer, effective on November 30th. Reese reportedly joins Broadridge from American Express, where he most recently served as Senior Vice President and CFO of the Global Consumer… Read More

November 9, 2020 @ 7:45 am By Omar Faridi  |  

The transactional value of the US Fintech market is expected to increase at a compounded annual growth rate (CAGR) of 8.6% over the forecast period of 2019-2024, according to a new report. The report from Industry Research states that Fintech is beginning to transform the… Read More

November 6, 2020 @ 6:09 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has added support for Civic (CVC), Decentraland (MANA), and district0x (DNT). Users of Coinbase.com (for retail traders) can begin trading these tokens. Support for CVC, MANA, and DNT tokens has also been added for Coinbase Android and iOS apps. Coinbase… Read More

November 6, 2020 @ 3:09 pm By Samantha Hurst  |  

Figure Technologies, a lending platform that uses blockchain technology, announced on Friday it has applied for a U.S. national bank charter The fintech is now seeking the Office of Comptroller of the Currency’s approval to offer home equity loans and financing services across the U.S…. Read More

November 4, 2020 @ 9:31 pm By Omar Faridi  |  

Deutsche Börse has finalized a $15 million investment round in Clarity AI, which is a Spanish Fintech company that leverages Big Data and machine learning (ML) to help investors and traders understand the social impact of their investment portfolios. Established in 2017, Clarity AI has… Read More

November 3, 2020 @ 9:45 pm By Omar Faridi  |  

Chinese Fintech firm Lufax had been planning to secure $2.36 billion through its US initial public offering (IPO). As previously reported, Lufax was once a top peer to peer lending platform but has since shifted into other areas of Fintech as well as online lending…. Read More

November 3, 2020 @ 9:36 am By Omar Faridi  |  

The University of Wyoming (UW) has launched a Center for Blockchain and Digital Innovation. As mentioned on UW’s website: “Wyoming is a pioneer state known for firsts. In recent years, the state passed groundbreaking legislation to create a regulatory environment to foster blockchain application growth… Read More

November 1, 2020 @ 11:17 am By Omar Faridi  |  

Verizon Wireless (NYSE:VZ), an American telecommunications firm that offers wireless products and services to 119 million+ subscribers, confirmed that it has launched Full Transparency by Verizon, a blockchain-powered, open-source newsroom product “designed to raise the bar for corporate accountability.” According to a release, the initiative… Read More

October 31, 2020 @ 4:26 pm By Omar Faridi  |  

Nick Catino, Head of Policy at TransferWise (Americas), recently commented on why he thinks the United States should allow payment firms to take part “directly in payment systems.” At present, access is limited to depository institutions, Catino explains. He notes that payment firms are unable… Read More

October 31, 2020 @ 12:47 pm By Omar Faridi  |  

Bill Scannell, President, Global Sales & Customer Operations, Dell Technologies (NYSE:DELL), explains how companies across the globe are adjusting to working in the “new normal” environment following the COVID-19 outbreak. He writes in a blog post that Brazil-based retailer Grupo Boticario had to address a… Read More

October 29, 2020 @ 10:36 am By Samantha Hurst  |  

SoFi, one of the most successful fintechs in the U.S., announced on Wednesday it has launched its first-ever credit card. According to SoFi, the credit card incentivizes healthy financial habits and delivers on its mission to help people get their money right. The card, which… Read More

October 29, 2020 @ 7:53 am By Omar Faridi  |  

Caitlin Long, Founder and CEO at Avanti Financial Group, has confirmed that Avanti is now officially a bank. Long noted that the company’s charter and business plan were “approved 8-0” today (October 28, 2020), including Avit, a tokenized US dollar that the company will issue… Read More

October 28, 2020 @ 3:22 pm By Samantha Hurst  |  

  U.S. fintech Brex announced on Tuesday it has introduced new features tailored to solving the cash flow pain points of growing e-commerce businesses. According to Brex, the launch of instant payouts and e-commerce-specific rewards alleviate growth barriers faced by e-commerce companies and furthers the company’s… Read More

October 28, 2020 @ 1:38 pm By Samantha Hurst  |  

  UNest, a U.S.-based mobile app that helps parents invest in their children’s future financial wellness, announced on Wednesday the launch of its UNest Investment Account. According to UNest, the account is a tax-advantaged custodial account that enables parents to save for more than just… Read More

October 28, 2020 @ 1:24 pm By Samantha Hurst  |  

Cryptocurrency platform Coinbase announced on Wednesday its Coinbase Card has made its debut in the U.S. Coinbase reported that the card allows crypto to be used for payments and purchases online and in-store, as well as ATM withdraws.  “The introduction of Coinbase Card was a significant milestone… Read More

October 28, 2020 @ 11:10 am By Samantha Hurst  |  

Bitwise Asset Management, a provider of crypto-asset index and beta funds, announced on Wednesday it has recently surpassed $100 million in crypto-assets. Founded in 2017, Bitwise Asset Management claims it pioneered the first cryptocurrency index fund and is the leading provider of rules-based exposure to… Read More

October 28, 2020 @ 10:43 am By Omar Faridi  |  

California based banking platform Green Dot is reportedly investing in and teaming up with startup Gig Wage in order to bring key financial tools to gig workers. Green Dot recently led a $7.5 million Series A investment round for Gig Wage. Continental Investors, Techstars, and… Read More

October 28, 2020 @ 7:53 am By Omar Faridi  |  

Jose Luis Elechiguerra, Head of Client Solutions at BBVA US (NYSE:BBVA), which is originally a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, suggests that banks should “lean on a digital footprint as much as a… Read More

October 27, 2020 @ 12:22 pm By Samantha Hurst  |  

Digital brokerage solution provider DriveWealth announced on Tuesday it secured $56.7 million through its Series C funding round, which was led by Point72 Ventures with participation from Raptor Group, SBI Holdings, Inc., and Route 66 Ventures, LLC. DriveWealth also revealed it welcomed two new investors,… Read More

October 27, 2020 @ 10:44 am By Samantha Hurst  |  

Paya,  a U.S.-based integrated payment and commerce solutions provider, announced on Tuesday it has formed a new partnership with business lending solution provider, Artis Technologies. Paya reported that through the partnership,  its payments technology will integrate directly into the Artis Connect and Artis Credit platforms,… Read More