Tagged: united states

September 5, 2019 @ 9:27 pm By Samantha Hurst  |  

Happy Money, a U.S.-based fintech that enables users to “break up” with their credit cards, announced on Thursday it secured $70 million through its Series D funding round, which was led by CMFG Ventures. Founded in 2009, Happy Money provides financial tools and services for “human… Read More

September 3, 2019 @ 3:03 pm By Samantha Hurst  |  

Global financial service platform Kabbage announced on Tuesday it has acquired Radius Intelligence, a  small-business data platform. Kabbage reported that the acquisition allows it to more deeply understand and serve small businesses as it adds insights from more than 20 million U.S. small businesses to… Read More

August 29, 2019 @ 9:30 pm By Samantha Hurst  |  

Alto, a technology platform for investors to add alternative assets to IRAs, announced on Thursday it secured $5.4 million through its latest seed round, which was led by Jefferson River Capital and Moment Ventures. This investment round comes less than six months after Alto raised… Read More

August 29, 2019 @ 8:36 am By Samantha Hurst  |  

Temenos AG (SIX: TEMN), the Switzerland based banking software provider, announced on Wednesday it has acquired U.S.-based digital banking SaaS company, Kony. Temenos reported that the acquisition significantly enhances Temenos’ scale and capabilities in the U.S., adds significant digital expertise, and accelerates digital front office… Read More

August 28, 2019 @ 3:54 pm By Samantha Hurst  |  

Marketplace lending company Funding Circle (LSE:FCH) announced on Wednesday it has completed its first asset-backed securitization (ABS) of US small business loans originated through its platform. According to Funding Circle, a total of $198 million was raised through the securitization, which marks “the debut of… Read More

August 28, 2019 @ 3:42 pm By Samantha Hurst  |  

U.S. insurtech startup Kin Insurance announced on Wednesday it secured $47 million through its latest investment round. According to Kin, the funds will be used to launch its Kin Interinsurance Network, a Florida home insurance carrier. Founded in 2016, Kin describes itself as insurtech startup… Read More

August 28, 2019 @ 10:25 am By Samantha Hurst  |  

Salaryo, a U.S.-based fintech platform for freelancers and startups, announced on Wednesday it raised $5.5 million in new funding from Ruby Ventures and Michael Ullmann’s investment group, bringing the total funding to $6.3 million.  Founded in 2017, the company provides security deposit financing for new coworking office members and… Read More

August 27, 2019 @ 3:39 pm By Samantha Hurst  |  

Accenture (NYSE: ACN) announced on Tuesday it has acquired Fairway Technologies, a U.S.-based engineering services provider. Accenture reported the acquisition will further power the Accenture Product and Platform Engineering Services practice, which helps clients manage and innovate software-based platforms. This news comes just one week… Read More

August 27, 2019 @ 11:09 am By Samantha Hurst  |  

Bond Financial Technologies Inc., a U.S.-based fintech platform, announced on Tuesday it raised $10 million through its seed funding round, which was led by Canaan with participation from  Coatue and angel investors including Sarah Friar, Steve Frieberg, Ryan Peterson, and Eric Yuan.  Bond described itself… Read More

August 26, 2019 @ 1:29 pm By Samantha Hurst  |  

Self Lender, a U.S.-based fintech that offers Americans a way to build their credit while also saving money, announced on Monday it has officially rebranded to Self. The startup reported that the new name is considered an “indication” of its commitment to help consumers have… Read More

August 23, 2019 @ 9:50 am By Samantha Hurst  |  

Blooma, a U.S.-based loan origination AI platform, announced earlier this week it secured $2.75 million through its seed funding round, which was led by Floodgate with participation from Abstract Ventures, Crescent Ridge Partners and Serra Ventures. Blooma reported that it launched its first production module… Read More

August 19, 2019 @ 9:48 am 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 it has formed a new partnership with Execupay,a privately-owned provider of HR and payroll services and software.  FinFit reported that through the collaboration its platform… Read More

August 15, 2019 @ 9:27 pm By Samantha Hurst  |  

Chronwell, a U.S. insurtech startup for the workers’ compensation industry, announced earlier this week it secured $2.8 million in funding, which brings its total capital raised to $7.8 million Founded in 2017, Chronwell claims it is focused on providing the “highest level” of empathy-driven care… Read More

August 13, 2019 @ 4:00 pm By Samantha Hurst  |  

Semsee, a U.S.-based insurtech startup that is focused on streamlining workflows for independent insurance agents and wholesalers, announced today the end of a successful three-month pilot program. Founded in 2017, Sense describes itself as an independent insurance agent’s go-to platform for quoting small commercial business… Read More

August 12, 2019 @ 10:25 am By Samantha Hurst  |  

U.S. fintech startup SuperMoney announced on Monday its multi-lending marketplace platform has surpassed $2 billion in loan requests. This news comes less than a year after SuperMoney announced it processed more than $1 billion in loan requests. As previously reported, SuperMoney offers what it claims to… Read More

August 7, 2019 @ 2:18 pm By Samantha Hurst  |  

U.S.-based online lending platform Lendio announced on Tuesday it has facilitated more than $1.5 billion in financing to small businesses across the U.S. This news comes just a few weeks after Lendio acquired of cloud-based small business account platform, Billy, and the launch of Lendio’s… Read More

August 7, 2019 @ 11:31 am By Samantha Hurst  |  

C2FO, a fintech firm and market for working capital based in the U.S., announced on Wednesday it secured $200 million through its latest investment round, which was led by the SoftBank Vision Fund with participation from existing investors Temasek and Union Square Ventures. Founded in 2008,… Read More

August 7, 2019 @ 9:49 am By Samantha Hurst  |  

Celsius Network, a cryptocurrency lending and borrowing platform, announced on Wednesday it has resumed CEL token utilities for U.S. users. Celsius Network reported that the action was taken voluntarily and in the best interest of its community. Speaking about the action, Jeremie Beaudry, Chief Compliance… Read More

August 6, 2019 @ 12:29 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Tuesday it secured $460 million through its latest equity funding round, bring its post-money valuation to $5.5 billion. The round was led by Dragoneer Investment Group, a San Francisco based growth-oriented investor. Other investors in the round include Commonwealth Bank… Read More

August 5, 2019 @ 1:27 pm By Samantha Hurst  |  

Payment processing platform Klarna announced on Monday it and global fashion brand ASOS have expanded their payments partnership to the U.S. According to the duo, the partnership will extend into the U.S. market in order to offer flexible payment options to shoppers. Customers may now… Read More