Tagged: united states

July 27, 2018 @ 9:27 am By Samantha Hurst  |  

Groundspeed Analytics (Groundspeed), a leading insurance technology company specializing in artificial intelligence (AI) and data science solutions, announced on Thursday it secured $30 million through its Series B funding round, which was led by Oak HC/FT, a premier venture growth-equity fund investing in Healthcare Information & Services… Read More

July 26, 2018 @ 12:00 pm By Samantha Hurst  |  

LevelUp, a Boston-based mobile app fintech firm announced this week it has been acquired by GrubHub. According to the startup, although this new deal is still subject to regulatory approvals, Seth Priebatsch, Chief “Ninja” at LevelUp, wanted to share more details about the acquisition. According to Priebatsch,… Read More

July 21, 2018 @ 10:10 pm By Samantha Hurst  |  

Even, a U.S.-based personal finance platform, announced this week it secured $40 million through its latest round of funding, which was led by  Keith Rabois of Khosla Ventures, with participation from Valar Ventures, Allen & Company, Harrison Metal, Ron Conway, Silicon Valley Bank, and BCVP…. Read More

July 19, 2018 @ 3:00 pm By Samantha Hurst  |  

Just days after launching its equity crowdfunding campaign on Crowdcube, UK fintech Glint has successfully secured its initial £1.25 million funding target, thanks to nearly 300 investors. The funding round is part of Glint new Series A funding round, which is seeking a total of… Read More

July 18, 2018 @ 9:38 am By Samantha Hurst  |  

On Tuesday, U.S.-based fintech CommonStock announced the launch of its new social investing platform for stocks and cryptocurrencies. This news comes just as CommonStock secures nearly $2 million during its seed funding round, which saw participation from Social Capital, Resolute VC, and Studio VC. CommonStock reported… Read More

July 17, 2018 @ 1:58 pm By Samantha Hurst  |  

Following the announcement that Glint was seeking a total of £15 million through Series A financing round to expand into the U.S. and Japan by the end of this year, the UK fintech launched an equity crowdfunding campaign on Crowdcube to raise £1,250,000 as part of the Series… Read More

July 17, 2018 @ 8:03 am By Samantha Hurst  |  

Cryptocurrency services platform Ethos announced on Monday it has formed a U.S. cryptocurrency partnership with merchant services and payment processing organization Payroc. According to Ethos, as part of the partnership, the Ethos Bedrock platform will be integrated with Payroc’s payment gateway platform, which will enable… Read More

July 12, 2018 @ 9:13 am By Samantha Hurst  |  

UK fintech Glint announced on Thursday it is now seeking £15 million through its Series A financing round to expand into the U.S. and Japan by the end of this year. This news comes nearly eight months after the company launched its mobile app, which allows… Read More

July 9, 2018 @ 3:20 pm By Samantha Hurst  |  

On Monday, U.S. fintech startup Strands announced it is teaming up with Mastercard to provide issuing banks with an integrated platform of digital cash management and commercial payment tools that is specifically designed to benefit small-to-medium enterprises (SMEs). According to Strands, the Strands Business Financial… Read More

July 9, 2018 @ 10:21 am By Samantha Hurst  |  

IBM (NYSE: IBM) announced last week it has teamed up with Italian bank, Banca Carige, to launch launched Dock, a $500 million U.S. joint venture, to bring innovative technologies including AI, big data, analytics and cognitive tools to improve the competitiveness of Carige’s more than 500 branches and… Read More

June 26, 2018 @ 3:55 pm By Samantha Hurst  |  

Online lending platform Funding Circle announced on Tuesday it has expanded its strategic partnership with U.S. regional bank INTRUST Bank to support the growth of small businesses in the U.S. The lender reported that following the successful launch of the partnership earlier this year, the… Read More

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