Tagged: united states

June 6, 2021 @ 11:52 pm By Omar Faridi  |  

The team at Branch and Marqeta have a released a Gig Payment Report which covers work and payments in the modern gig economy. The gig economy is transforming the “precedent for work and payments,” the report from Branch and Marqeta reveals. It also mentions that… Read More

June 6, 2021 @ 6:00 pm By Omar Faridi  |  

Building on over a year of “unprecedented” collaboration among Massachusetts’ financial professionals, Fintech entrepreneurs, investors, government executives, elected officials, and members of the academic community, the Massachusetts Fintech Working Group, a network of 27 leaders representing key industries, have introduced the Mass Fintech Hub, a… Read More

June 5, 2021 @ 7:42 pm By Omar Faridi  |  

Austin-based AppBrilliance, a payments tech firm, recently announced its strategic vision with its latest Money API-enabled, Push-To-Business (P2B) payments model, which aims to replace the traditional model and will try to shift power back to the merchant (when it comes to extra transaction fees). AppBrilliance… Read More

June 5, 2021 @ 5:40 pm By Omar Faridi  |  

Unchained Capital, Inc. recently revealed that it has completed the initial closing of a $25 million Series A round that was led by institutional Bitcoin tech and financial services provider, NYDIG and parent firm Stone Ridge Holdings Group. In addition to participating in the equity… Read More

June 4, 2021 @ 3:51 pm By Omar Faridi  |  

Deluxe (NYSE: DLX) revealed on Tuesday (June 1, 2021) that it has now finalized the previously announced acquisition of First American Payment Systems for $960 million in cash. Deluxe had first announced the transaction on April 22, 2021. With the inclusion of the First American… Read More

June 4, 2021 @ 2:52 pm By Omar Faridi  |  

Diogo Mónica, Co-Founder and President at Anchorage Digital, a leading crypto platform for institutional investors, has revealed that they are offering institutional Ethereum-backed loans via Anchorage Financing. Mónica confirmed in a blog post, dated June 3, 2021, that institutional clients at Anchorage now have access… Read More

June 4, 2021 @ 8:08 am By Omar Faridi  |  

Beginning today (June 3, 2021), Coinbase (NASDAQ:COIN) has announced that it will be supporting Dogecoin (DOGE) on Coinbase.com and in the Coinbase Android and iOS applications. Coinbase clients may now purchase, sell, convert, send, receive, or store DOGE in “all Coinbase-supported regions,” the digital asset… Read More

June 4, 2021 @ 8:04 am By Omar Faridi  |  

Peter Smith, Co-founder and CEO at Blockchain.com, a leading crypto wallet provider, block explorer service, and digital asset trading platform, revealed on Thursday (June 3, 2021) that he joined Miami Mayor Francis Suarez in order to announce that Blockchain.com is “the first global crypto company… Read More

June 4, 2021 @ 2:27 am By Omar Faridi  |  

Cryptocurrency ownership is on the rise across the globe and in a recent survey of nearly 3000 US adults, Bitcoin remains the “overwhelming” favorite among the scores of virtual currencies that are currently available. According to data from TradingPlatforms.com, shared with Ci, 80.7% of US… Read More

June 3, 2021 @ 9:30 pm By Samantha Hurst  |  

Trellis Technologies, Inc., a U.S.-based insurtech platform, announced on Thursday it secured $10 million through its Series A funding round, which was led by QED Investors with participation from NYCA Partners and General Catalyst. Founded in 2019, Trellis explained it provides secure, digital solutions that… Read More

June 3, 2021 @ 8:46 pm By Samantha Hurst  |  

B2B fintech-as-a-service provider Rapyd announced on Thursday its new venture arm, which will focus on investing in early and growth-stage businesses that are delivering the next wave of financial services innovation. The company reported that the arm will be led by Joel Yarbrough, MD of Rapyd… Read More

June 3, 2021 @ 8:26 pm By Samantha Hurst  |  

   The Beans, a U.S.-based fintech startup announced on Thursday it secured $2 million through its investment round, which was led by Precursor Ventures with participation from Relay Ventures, One Planet VC, Swing Ventures, Oxford Angel Fund, and a group of notable angel investors. The Beans describes itself… Read More

June 3, 2021 @ 7:04 pm By Omar Faridi  |  

Abra, a “fully compliant” platform for purchasing, selling, and trading more than 100 digital currencies and earning interest of “up to 10.5%” on “select digital assets,” revealed on Wednesday (June 2, 2021) that Abra Borrow, its in-app feature for using crypto “as collateral to borrow… Read More

June 3, 2021 @ 3:29 pm By Omar Faridi  |  

Digital asset firm Kraken has launched a new, updated app. The company says that getting crypto just got “a whole lot easier.” The Kraken team notes in a blog post that they’ve “streamlined” the purchasing and selling process, added more “convenient” payment methods, and “wrapped… Read More

June 3, 2021 @ 10:20 am By Omar Faridi  |  

Financial technology leader FIS (NYSE:FIS) and The Venture Center have unveiled the 10 firms chosen to participate in the 2021 FIS Fintech Accelerator program. As mentioned in an update shared with CI: “In its sixth year, the FIS Fintech Accelerator program is focused on identifying… Read More

June 2, 2021 @ 3:06 pm By Samantha Hurst  |  

  U.S.-based payments platform Veem announced on Wednesday the expansion of its no-fees domestic payment services to Canada. The service, called Veem Local Canada, will include Electronic Funds Transfers (EFT), which will give Canadian business owners a new, easy-to-use tool for payment options. According to… Read More

June 2, 2021 @ 2:02 pm By Samantha Hurst  |  

  Taulia, a U.S.-based working capital solutions provider, announced on Tuesday it has expanded its global footprint by growing its presence in both China and Singapore. Founded in 2009, Taulia claims to be a leading provider of working capital solutions. Through a combination of its… Read More

June 2, 2021 @ 12:20 pm By Samantha Hurst  |  

TradeStation Crypto, Inc., a subsidiary of TradeStation Group, announced on Tuesday it has introduced its new price plan that will include reductions in taker fees of up 50% and additional maker fees. The company noted it does not charge any fees for crypto custody, deposits,… Read More

June 2, 2021 @ 10:07 am By Samantha Hurst  |  

  Green Feather, a U.S.-based healthcare fintech and the creator of patient payments platform, Feather Pay, announced on Wednesday it raised $1.5 million through its latest seed investment round, which was led by Lawrence P. Huang, Co-Foudner of Ciena Corp. and Executive Chairman of Green… Read More

June 2, 2021 @ 12:36 am By Omar Faridi  |  

TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health,” recently revealed that Ohad Samet, CEO and Co-founder of TrueAccord Group, has been named to the inaugural debt collection advisory committee of the California Department of Financial Protection and Innovation… Read More