Tagged: united states

U.S.-Based Banking as a Service Company Treasury Prime Secures $20 Million Through Series B Insider Funding Round Co-Led By Deciens Capital & QED Investors

  Treasury Prime, a U.S.-based API banking platform, announced on Wednesday it secured $20 million through its Series B insider funding round, which was co-led by Deciens Capital and QED Investors, with participation from SaaStr Fund, and Susa Ventures. As previously reported, Treasury Prime states it builds APIs… Read More

Wise Integrates With Google Pay to Allow U.S. Users to Transfer Funds to India & Singapore

  Fintech Unicorn and stealth bank Wise announced on Tuesday it has integrated with Google Pay to allow U.S. users to transfer funds to friends and family in India as well as Singapore. Wise reported that through the integration, all Android and iOS Google Pay users in the U.S. may send… Read More

Affirm’s Fiscal Year 2021 Third Quarter Results Reveals: Year-Over-Year Gross Merchandise Volume Growth to 83%; Increases Active Consumers By 60% Year-Over-Year

  U.S.-based buy now pay later fintech Affirm announced on Tuesday the financial results of its fiscal 2021 third quarter, which ended on March 31, 2021.  According to Max Levchin, Founder and CEO of Affirm, the company’s third-quarter results reflect on the continuous progress towards… Read More

Tokenized Real Estate Market Remains Steady at $25.5 Million, As Security Token Space Continues to Grow in 2021: Report

The team at Security Token Market (STM), which offers the latest insights on the global security tokens space, has published the April 2021 edition of the Security Token Market Real Estate report. Security Token Market (stomarket.com) hosts live-trading data from 33 major security tokens across… Read More

Mobile Banking Services For US. Freelancers Lili Scores $55 Million Through Series B Round Led By Group 11

  Lili, a U.S.-based mobile banking app specifically for freelancers, announced on Tuesday it secured $55 million through its Series B investment, which was led by Group 11 with participation from Target Global and AltaIR. The investment round brings Lili’s total funding to $80 million. … Read More

U.S. Digital Lending Platform Roostify Appoints Bill Elderton As New Chief Technology Officer

Roostify, a U.S.-based digital lending platform, announced on Monday it has appointed Bill Elderton as its new Chief Technology Officer. Roostify reported that Elderton will oversee the design, development, and execution of the company’s innovative technology roadmap. According to Roostify, Elderton previously was Senior Vice President of Development and… Read More

Private Securities Marketplace Forge Global Receives FINRA Approval to Operate as Single Broker Dealer

Forge Global, a multinational private securities marketplace, has revealed that it has acquired the Financial Industry Regulatory Authority’s (FINRA) approval to offer services as a single broker dealer with SharesPost after a merger last year. Forge Global has also finalized an oversubscribed investment round of… Read More

B2B Fintech Tipalti Announces Enterprise Resource Planning System Integration Expansion

  U.S.-based B2B fintech Tipalti announced on Friday it may now integrate with any Enterprise Resource Planning (ERP) system. Tipalti reported that notably ERP integrations now include Microsoft Dynamics 365 Business Central, Microsoft Dynamics NAV, Microsoft Dynamics GP, QuickBooks Desktop, Xero, Sage 50, Sage 100,… Read More

$106 Billion Transferred with Zelle via 392 Million Digital Transactions in Q1 2021: Report

Zelle “springs” into 2021 with over $100 billion sent during the first quarter of this year, according to a release. Early Warning Services, LLC, the network operator behind Zelle, revealed on May 5, 2021 that $106 billion was sent via the Zelle Network on 392… Read More

Gemini Earn Introduces Interest Earning Opportunities for DogeCoin (DOGE), SushiSwap (SUSHI), Injective (INJ)

Digital asset firm Gemini reveals that (starting on May 9, 2021) you can now earn as much as 2.25% APY on Dogecoin (DOGE) that’s held at the Gemini cryptocurrency exchange. Gemini clients are now “collectively” earning interest on over $2 billion in loans that have… Read More

XTM Announce Full U.S. Roll-Out of the “Today” Instant Employee Payout Solution

  XTM, a Canada-based fintech that provides mobile banking and payment card solutions, announced on Friday the official full roll-out of the “Today” instant mobile employee payout solution in the U.S. The company revealed it has signed many restaurants, integrated with proprietary Point-of-Sale (POS) platforms,… Read More

Cloud Software Provider Bill.com to Acquire Expense Management Fintech Divvy in $2.5B Deal

Bill.com, an established provider of Cloud-enabled software that aims to simplify, digitize, and automate routine back-office financial operations for SMEs, has reportedly entered into a definitive agreement to acquire expensive management Fintech Divvy. The acquisition deal will involve a stock and cash transaction of around… Read More

Toast Names Elena Gomez As New CFO

    Toast, a U.S.-based restaurant management fintech platform, announced on Thursday it has appointed Elena Gomez as CFO. Toast reported in the role, Gomez will lead its finance organization and will be responsible for accounting, treasury, financial planning and analysis, and business operations. According to… Read More

Coinbase Pro Is Adding Crypto Tokens Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR) and Tellor (TRB)

Beginning on Tuesday (May 4, 2021) Coinbase Pro (platform for professional crypto traders) are able to transfer Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR) and Tellor (TRB) digital tokens into their accounts ahead of scheduled trading. As noted by the Coinbase team: “Support for CTSI, RLC, MIR… Read More

U.S. Fintech Moven Appoints Rich Radice As New CEO

Fintech

Moven, a U.S.-based financial wellness platform provider, announced on Wednesday it has appointed its former CFO, Rich Radice, as its new CEO. According to Moven, Radice has been on the company’s team for almost four years and over the past decade he has focused on providing executive… Read More

North American Expansion: Paysend Now Offers Money Transfers from the U.S. to Canada

    Paysend, a UK-based global payments platform, announced on Wednesday it has expanded its services in North America by allowing money transfers from the U.S. to Canada. Paysend further revealed that the expansion will now allow U.S. residents to transfer funds to more than… Read More

Financial Data Exchange Announces 18 New Members; Brings Total Membership to 186 Organizations

Fintech

Financial Data Exchange (FDX), a non-profit organization that is dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for secure and convenient consumer and business access to their financial data, announced on Tuesday it has welcomed 18 new members since the beginning… Read More

Cryptocurrency ATM Network Bitcoin Depot Launches More Than 350 New ATMs Across the U.S.

  Bitcoin Depot, a cryptocurrency ATM network, announced on Monday it has launched more than 350 new crypto ATMs opening across the U.S. Founded in 2016, Bitcoin Depot describes itself as a multi-cryptocurrency ATM network that offers users the ability to buy and sell Bitcoin,… Read More

Silicon Valley Firm QC Ware and Goldman Sachs Report Major Quantum Computing Breakthrough, Could Impact Financial Services

Giant Wall Street investment bank Goldman Sachs (NYSE:GS) has revealed that it’s made a major quantum computing breakthrough. Goldman said that it’s working on computer algorithms that may be used on hardware that could be available within the next 5 years. Goldman Sachs has reportedly… Read More

USDT Stablecoin Market Cap of $51B+ Now Exceeds Insured Deposits at Most US Banks, Quarterly Report of Tether Reserves Expected Soon

Tether (USDT), the world’s largest stablecoin (or digital asset that’s supposed to be backed 1-to-1 with major fiat currencies like USD and cash equivalents) now claims a market cap of over $51.7 billion at the time of writing (according to available data). Notably, Tether (USDT)… Read More

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