Tagged: united states

US Fintech Broadridge Financial Solutions Hires Ian Strudwick as GM and Head of APAC

US-based Broadridge Financial Solutions (NYSE: BR), a tech solutions provider, revealed on Tuesday (June 1, 2021) that it has hired Ian Strudwick  to serve as the company’s GM and Head of Asia Pacific (APAC). Ian’s appointment is effective immediately. His appointment has come after David Ingleson… Read More

Digital Asset Firm Coinbase has Unlocked Stable (Stablecoin) Pair Trading, Company Focused on Increasing Economic Freedom

Digital asset firm Coinbase (NASDAQ:COIN) announced on Monday (May 31, 2021) that it has unlocked stable (stablecoin) pair trading. Crypto exchange Coinbase says its mission is to “increase economic freedom in the world.” According to the company that recently went public, an open financial system… Read More

London’s CoinShares Invests in Viridi Funds, which will Offer ESG Crypto Mining Product

CoinShares (Nasdaq First North Growth Market: CS), Europe’s largest digital asset investment firm with $3.7B in AUM, as of May 27, 2021, recently revealed that it has made an investment in Viridi Funds (Viridi), an “emerging” fund manager. CoinShares‘ management noted that it will be… Read More

UK’s JustUs, a P2P Lending Platform, to Enter US Markets Next Year, May Offer Crypto Services Later

UK’s JustUs, a peer to peer (P2P) lending platform, has announced that it will be launching operations in the US in 2022 (on a state-by-state basis). We're coming to America ! #GlobalP2P @JustUsCrowd #Moneybrain #BiPS https://t.co/Dk2U4YIvjq — Lee Birkett (@MrLeeBirkett) May 27, 2021 Lee Birkett,… Read More

U.S. Auto Financing Fintech MotoRefi Scores $45 Million Through Series B Investment Round Led By Goldman Sachs Asset Management

  MotoRefi, an auto refinancing startup on a mission to help consumers save on their car loans, announced on Friday it scored $45 million through its Series B investment round, which was led by Goldman Sachs Asset Management. The latest investment round comes less than… Read More

Circle Secures $440 Million Through Latest Investment Round

  Global fintech Circle announced on Friday it secured $440 million through its latest investment round.  Fidelity Management and Research Company, Marshall Wace, Willett Advisors, Intersection Fintech Ventures, Atlas Merchant Capital, Digital Currency Group, FTX, Breyer Capital, Valor Capital Group, Pillar VC, as well as Michael J…. Read More

U.S. Fintech Startup Axle Raises $10 Million Through Series A Funding Round Led By Crosslink Capital

  Axle, a U.S.-based financial services platform for the freight and logistics industry, announced earlier this week it secured $10 million through its Series A funding round, which was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partners, Ron Suber (fintech investor), Jett McCandless (founder,… Read More

Marketplace Lender Prosper Reports Relatively Stable Loan to Income Ratio for April 2021

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, recently shared performance data from the Prosper Portfolio for April 2021. Prosper Performance Update – April 2021: Highlights from the report include: In April, “approximately 78%… Read More

Stripe Announces “Payment Links” Feature to Enable Online Sales Without Any Code Within Minutes

U.S.-based fintech Stripe announced earlier this week the launch of Payment Links. Stripe claims that Payment Links is the simplest way for businesses to create a full payment page with just a few clicks, and share the link with their customers, with no code required. “Payment… Read More

E-Commerce Growth Platform Wayflyer Secures $76 Million Through Series A Funding Round Led By Left Lane Capital

Wayflyer, a U.S.-based financing and growth platform to e-commerce merchants, announced on Thursday it secured $76 million through its Series A funding round, which was led by Left Lane Capital with participation from DST Global, QED Investors, Speedinvest, and Zinal Growth. Wayflyer reported it raised the… Read More

Investment Grade, High-Yield Corporate Bond Credit Spread, a Credit Risk Measure, Widened in May: Report

YieldStreet, an online marketplace for a diverse array of asset-backed investments, notes in a update published on Wednesday (May 26, 2021) that the CPI report released mid-May of this year had managed to attract a lot of attention. Most industry participants had been predicting that… Read More

Numerous Late Stage, Outsized VC Deals in Q1 in the US Boosted Average Pre-Money Valuations to Record Highs: Report

Early- and late-stage venture capital experienced “sharp expansions” in pre-money valuations as the “rapid cadence” of VC deal-making from 2020 spilled over into Q1 2021, according to the latest US VC Valuations Report 2021 from Pitchbook. The report notes that for the early stage, both… Read More

U.S. Insurtech Corvus Secures Additional $15 Million Through Series C Extension Round

  Just a couple of months after announcing it raised $100 million through its Series C investment round, U.S. insurtech Corvus announced it secured an additional $15 million through an extension of the round. As previously reported, Corvus Insurance is an AI-driven insurtech company that… Read More

Payment Facilitation Startup Tilled Secures $11 Million Through Series A Funding Round

    Tilled, a U.S.-based payment facilitation platform, announced on Wednesday it secured $11 million through its Series A funding round, which was led by Rebecca Lynn from Canvas Ventures with participation from Abhinav Tiwari, former head of investments and M&A at Stripe, Henry Ward, founder and CEO… Read More

DeFi: Wharton School of the University of Pennsylvania Publishes Comprehensive Report on Decentralized Finance

The Wharton School of the University of Pennsylvania, the business school of the University of Pennsylvania, a private Ivy League university in Philadelphia, has released a report titled, “DeFi Beyond the Hype – The Emerging World of Decentralized Finance.” The extensive report, which has been… Read More

Fintech Platform SIMON Markets Introduces Cryptocurrency Education Program for Wealth Managers

SIMON Markets LLC revealed on Monday (May 24, 2021) that they’ll be integrating cryptocurrency education into their Fintech platform for wealth management professionals, delivering on what companies and their financial professionals have been requesting, amidst a rapidly growing digital assets market. As mentioned in the… Read More

Financial Research Platform Sentieo Raises $20 Million Through Series B Funding Round Led By Ten Coves Capital

Sentieo, a U.S.-based financial research platform, announced on Tuesday it secured $20 million through its Series B funding round, which was led by Ten Coves Capital with participation from  Centana Growth Partners and Studio Management. As previously reported, Sentieo is described as a modern financial research platform, utilizing machine learning… Read More

Paystand Announces B2B Partnership With Sage

Paystand, a blockchain-based, B2B payments firm, announced on Tuesday it has teamed up with cloud business management solutions provider, Sage, to integrate with the Sage Intacct cloud financial management system with the B2B payment network. According to Paystand, Sage Intacct customers will now be able… Read More

U.S. Fintech LendingPoint Appoints Ashish Gupta As New Chief Risk Officer

  LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Tuesday it has appointed Ashish Gupta as its new Chief Risk Officer.  According to LendingPoint, Gupta will lead data science/AI, risk, fraud, and market modeling as well as pricing… Read More

Digital Mortgage Platform Stavvy Secures $40 Million Through Series A Funding Round Led By Morningside Technology Ventures

  Stavvy, a digital mortgage platform, announced on Monday it secured $40 million through its Series A funding round, which was led by Morningside Technology Ventures. The company revealed its mission is to transform how business is conducted remotely by making complex legal and financial transactions easier, safer, and more… Read More

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