Tagged: united states

March 8, 2021 @ 12:26 pm By Samantha Hurst  |  

  AeroPay, a U.S.-based alternative payments platform, announced on Monday it raised more than $5 million through its venture round, which was led by Chicago Ventures  This investment round comes less than six months after AeroPay secured funds through its seed round, notably led by… Read More

March 8, 2021 @ 10:44 am By Samantha Hurst  |  

    AgentSync, a U.S.-based insurtech, announced on Monday it secured $25 million through its Series A funding round, which was led by Lead Gil and David Sacks’ Craft Ventures with participation from Benioff, Caffeinated Capital, Operator Collective, and Nine Four Ventures. The investment round… Read More

March 8, 2021 @ 9:33 am By Samantha Hurst  |  

  Mastercard announced on Monday it is expanding the Engage platform. According to Mastercard, the expansion is offering customers access to a growing network of qualified technology and fintech partners that may quickly deploy Mastercard Digital First solutions, which notably will enable customers to provide… Read More

March 6, 2021 @ 6:12 pm By Omar Faridi  |  

The team at LendIt Fintech USA notes that if the last year has taught us anything, it’s that “innovation” in Fintech has only just started. LendIt Fintech is now challenging early-stage company founders to “”take a chance and compete in PitchIt.” PitchIt at LendIt Fintech… Read More

March 6, 2021 @ 10:48 am By Omar Faridi  |  

Current, one of the leading digital banks in the US, reveals that it’s been a busy few weeks at the company as they began receiving tax refunds for thousands of clients five working days faster than regular banks. Current claims that most of the money… Read More

March 5, 2021 @ 10:17 pm By Samantha Hurst  |  

    Eco, a U.S.-based digital wallet for saving and spending, announced on Friday it raised more than $26 million through its latest investment round, which was led by a16z Crypto with participation from Founders Fund, Activant Capital, Coinbase Ventures, and Slow Ventures. Eco reported that the… Read More

March 5, 2021 @ 10:35 am By Samantha Hurst  |  

Betterment, the largest independent online financial advisor, announced on Thursday it has acquired Wealthsimple’s U.S. book of business. Betterment reported that through the acquisition, Wealthsimple will transfer all of their existing U.S.-based customers to the Betterment platform, and will no longer support accounts based in… Read More

March 5, 2021 @ 10:13 am By Samantha Hurst  |  

U.S.-based money experience company MX announced on Friday it has appointed Brian Kinion as its new chief financial officer. The company revealed that Kinion will oversee the company’s finance organization, including investor relations, financial planning and analysis, accounting, compensation, and deal desk. According to MX, Brian Kinion… Read More

March 4, 2021 @ 9:47 pm By Samantha Hurst  |  

LendingUSA, a U.S.-based fintech lender that provides loans to small businesses ranging from $1000 to $35,000, announced on Thursday it has appointed Adam Contino as its new CFO. According to LendingUSA, Contino has more than 30 years of experience in leading transformation and growth initiates… Read More

March 4, 2021 @ 8:52 pm By Omar Faridi  |  

In 2020, Fairmint had introduced the Continuous Agreement for Future Equity (CAFE). The company recently announced that Fairmint’s own CAFE offering had gone live on Thursday, February 18, 2021. Fairmint explains that making stakeholder capitalism “a reality” is quite bold objective and the firm plans… Read More

March 4, 2021 @ 10:29 am By Omar Faridi  |  

Monzo, a UK based digital bank that recently raised £50 million as part of a Series G extension,  recently explained that it basically offers a mobile banking platform that “puts you in control of your money.” While clarifying whether Monzo is, by definition or legally… Read More

March 4, 2021 @ 8:38 am By Omar Faridi  |  

Arthur Hayes, the former CEO of digital currency derivatives exchange BitMEX, is reportedly holding discussions which would involve his surrender to US authorities as early as next month (April 2021). As reported in October of last year, Hayes and several other senior managers at the… Read More

March 4, 2021 @ 7:55 am By Omar Faridi  |  

The United Kingdom might reportedly consider making several key changes to London’s current listing rules post-Brexit. The country aims to remove a barrier that has prevented special purpose acquisition companies (SPACs) from choosing the European nation. The updates are meant to attract technology-focused public offerings…. Read More

March 3, 2021 @ 11:55 pm By Omar Faridi  |  

In early 2020, Opportunity Financial began evaluating whether it should go public. The online lending platform was interested in shifting focus away from the installment loan business to various other financial products (in order to improve its company profile). Jared Kaplan, CEO of the Chicago-based… Read More

March 3, 2021 @ 11:02 pm By Omar Faridi  |  

Iran’s Presidential Center for Strategic Studies, which is a thinktank that is attached with President Rouhani’s office, has released an extensive report which emphasizes the need for the so-called rogue State to use decentralized cryptocurrencies to generate additional revenue. Extracting these virtual currencies, the report… Read More

March 3, 2021 @ 9:56 pm By Omar Faridi  |  

Lemonade (NYSE:LMND), a fast-growing Insurtech that emerged as one of the most successful initial public offerings of 2020 (and recently launched life insurance), has released its Q4 2020 and full year 2020 financial results. In its Letter to Shareholders, which is posted to Lemonade’s Investor… Read More

March 3, 2021 @ 9:54 pm By Omar Faridi  |  

Forward Financing, a Fintech firm that aims to offer “flexible” and revenue-based financing to SMBs, revealed recently that it has provided $1 billion in funding since its inception back in 2012. According to Forward Financing, the majority of this funding has been allocated towards  “underserved”… Read More

March 3, 2021 @ 9:03 am By Omar Faridi  |  

Peer to peer business lender ArchOver notes that it’s “wonderfully ironic” when Michael Burry, who had been played by actor Christian Bale in the Big Short, tells us that the GameStop antics are “unnatural, insane and dangerous.” Bale also noted that there must be “legal… Read More

March 2, 2021 @ 10:56 pm By Omar Faridi  |  

The Coronavirus outbreak has led to a dramatic surge in demand for contactless payments options, which has accelerated the ongoing shift from cash transactions to safer digital payment methods. Jodie Kelley, CEO at Electronic Transactions Association, has noted that during the past 6 to 8… Read More

March 2, 2021 @ 2:37 pm By Samantha Hurst  |  

Spreedly, a provider of a secure, agnostic, and flexible platform that welcomes all payments participants, announced on Tuesday the launch of its new partnership program built for gateways and other Payment Service Providers (PSPs).  According to Spreedly, the Partnership Program was created to further support… Read More