Tagged: united states

March 31, 2021 @ 1:17 am By Omar Faridi  |  

Open Banking adoption or usage in the US has been increasing due to a significant rise in customer demand and growing pressure or competition. This, according to a recent from the Financial Technology (FT) Partners. As noted in a report titled, Open Banking: Rearchitecting the… Read More

March 30, 2021 @ 11:53 pm By Omar Faridi  |  

The Centre Consortium, an entity established by global Fintech firm Circle and Coinbase, reports that the first quarter of this year has been one of “explosive growth” for Centre and for the USDC stablecoin, which is the world’s “most trusted” stablecoin (according to Centre Consortium)…. Read More

March 30, 2021 @ 9:32 pm By Omar Faridi  |  

The team at Blockchain.com, a leading crypto wallet provider, trading platform and block explorer service that recently acquired an additional $300 million in capital, notes that in the crypto space, “one month can feel like an entire quarter — a lot happens.” Blockchain.com points out… Read More

March 30, 2021 @ 2:55 pm By Samantha Hurst  |  

HighRadius, a U.S.-based fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, announced on Tuesday it raised $300 million through its Series C funding round, which was led by D1 Capital and Tiger Global with participation from existing investors ICONIQ Growth and Susquehanna Growth Equity…. Read More

March 30, 2021 @ 10:54 am By Samantha Hurst  |  

  Marble, a U.S.-based digital wallet and loyalty platform for insurance, announced on Tuesday it is dropping its waitlist and opening its platform to any U.S. policyholder. The launch comes less than two months after Marble raises $2.5 million through its seed financing round.  Founded… Read More

March 30, 2021 @ 9:07 am By Samantha Hurst  |  

    PayPal Holdings, Inc. (NASDAQ:PYPL) announced on Tuesday the launch of Checkout with Crypto, a new feature that allows customers in the U.S. to check out with cryptocurrency along with other payment methods through the PayPal mobile wallet. “Building on the ability to buy,… Read More

March 29, 2021 @ 3:50 pm By Samantha Hurst  |  

Global fintech Circle announced on Monday the launch of its new comprehensive payments solution for non-fungible token (NFT) marketplaces and storefronts. According to Circle, the solution enables marketplaces and storefronts to accept credit cards and crypto payments. “Circle’s NFT solution simplifies buying and selling by… Read More

March 29, 2021 @ 2:57 pm By Samantha Hurst  |  

  Opportunity Financial, LLC (OppFi), a U.S.-based fintech platform that powers banks to help the everyday consumer gain access to credit,  announced on Monday it has closed an expanded $50 million corporate credit facility with Atalaya Capital Management. OppFi’s key mission is to help consumers who… Read More

March 29, 2021 @ 10:08 am By Samantha Hurst  |  

  Sezzle, Inc. (ASX: SZL), a U.S.-based installment payments platform, announced on Monday it has received the certification required to achieve B Corp status. Founded in 2016, Sezzle claims to be a public-benefit corporation on a mission to financially empower the next generation. The company… Read More

March 28, 2021 @ 10:37 pm By Samantha Hurst  |  

  Pilot, a U.S.-based fintech that specializes in back office services for startups and small businesses, announced on Friday it raised a total of $100 million through its Series C funding round, doubling its valuation to $1.2 billion. The round was notably led by Bezos Expedition… Read More

March 28, 2021 @ 4:15 pm By Omar Faridi  |  

Buy Now, Pay Later or BNPL Fintech Affirm (NASDAQ:AFRM), which is now a “remote-first” company with most of its roles being carried out anywhere in the U.S. and Canada (with the exception of Quebec), has teamed up with Clearbanc in order to help clients power… Read More

March 27, 2021 @ 4:35 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, announced on Thursday (March 25, 2021) that it had entered an agreement with Pittsburgh’s Fintech Pineapple Payments. The terms of the deal have not been shared publicly. Established in 2016, Pineapple… Read More

March 27, 2021 @ 3:34 pm By Omar Faridi  |  

Tax preparation service provider H&R Block had been working with external banking platforms, however, the company is now planning to offer digital financial services to middle-income US households. The Kansas City headquartered company has been focused on supporting its clients by helping them deposit their… Read More

March 27, 2021 @ 10:14 am By Omar Faridi  |  

George Holland, Mayor of Moorhead, Mississippi, recalls the feeling he experienced when  Regions Bank announced it was shutting down its physical branch in his town just a few years back. As reported by NPR, Holland noted that it was the only banking service provider in… Read More

March 26, 2021 @ 10:17 pm By Omar Faridi  |  

Regulators care “as much about consumer preference in debt collection as creditors,” according to Kelly Knepper-Stephens, Vice President Legal & Compliance at TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health.” Kelly, who’s based in the San Francisco Bay… Read More

March 26, 2021 @ 9:58 pm By Omar Faridi  |  

Prosper, a peer-to-peer lending company that connects borrowers and investors with over $17B in loans issued via its platform, recently shared their Quarterly Investor Update – Q1 2021. Ashish Gupta, the Chief Credit Officer at Prosper Marketplace, writes in a blog post that the company… Read More

March 26, 2021 @ 9:44 pm By Omar Faridi  |  

US-based digital assets firm Gemini reports that their clients are now “collectively earning interest” on over $1 billion worth of loans that have been originated via Gemini Earn. The company reveals that they’ve reached this milestone just 2 months after the introduction of Gemini Earn… Read More

March 26, 2021 @ 8:28 am By Omar Faridi  |  

Digital banking challenger Revolut confirms that Revolut Business is now live in the United States. Elizabeth McGrath from Revolut writes in a blog post that Revolut Business is available in all 50 US states, as of March 25, 2021. McGrath explains that Revolut Business “gives… Read More

March 26, 2021 @ 8:16 am By Omar Faridi  |  

US-based crypto-assets firm Kraken asks when was the last time that a banking institution actually put customer requirements, security and “open access to all” first? David Kinitsky, Kraken Bank CEO, has shared reasons why customers require a “customized” banking structure that “modernizes” the products and… Read More

March 25, 2021 @ 2:27 pm By Samantha Hurst  |  

Esprezzo, a no-code blockchain automation and data platform, announced on Thursday it raised $2 million through its latest investment round, which saw participation from Mark Cuban, Arrington Capital, Longley Capital, Rarestone Capital, CMS Holdings, LongHash, Youbi, TBD Angels, and Zag Capital. Founded in 2017, Esprezzo… Read More