Tagged: us

US Fintech Startups Accounted for Over 65% of Funds Raised in the Sector Globally: Report

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly FinTech US Report – 2023. The report, based on Tracxn’s extensive database, “provides insights into the US FinTech space.” The US is “home to more than 30,000 FinTech startups, making it the largest… Read More

Fintech Firm Chime Welcomes Nick Fairbairn, Ex- Experian, to Executive Team

Chime is pleased to announce that Nick Fairbairn has joined the company as VP of Product Marketing. Nick reportedly “brings a wealth of experience to the role, having served as the former CMO of Gabi andr Sr. Director of Acquisition then later VP of Brand… Read More

Intelligent Processing Platform Hyperscience to Surpass 1 Billion Processed Documents for US Government in 2023

Hyperscience, the most “accurate” Intelligent Document Processing Platform, recently announced that it is “on track to surpass one billion processed documents for the U.S. Government in 2023.” This milestone demonstrates Hyperscience’s ability “to unlock valuable data with unrivaled accuracy for Federal clients, including The Social… Read More

Insurtech: Kin Brings Home, Property Insurance to Mississippi

Kin, the direct-to-consumer home insurance company built for every new normal, has announced its expansion into Mississippi. Kin is now able to “provide Magnolia State residents with an easy, affordable, and personalized insurance experience.” Mississippi is “located in the heart of Dixie Alley, an area… Read More

Anchorage Digital Bank Explains Why They Use Chromebooks as Their Primary Hardware, OS

Aaron Lint, Security Lead at Anchorage Digital, as well as Prasanna Gautam, Technical Lead, Protocols, among other members of the firm’s professional team have shared key updates. Anchorage Digital notes in a blog post that as a fast-scaling company, their technical staff is core to… Read More

Consumer Spending: US Retail Sales Up +4.7% YoY in March, Mastercard Report Reveals

According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales excluding automotive “were up +4.7% year-over-year (YOY) in March.” Mastercard SpendingPulse reportedly “reflects nominal spending and is not adjusted for inflation.” At a national level, while… Read More

DLT Adoption: SafeTech Labs Deploys Thor Mainnet Node Clusters in Europe, US, Supporting VechainThor Blockchain

Vechain’s mission is building robust foundational blockchain infrastructure and driving Web3 adoption throughout the global economy. According to a blog post, achieving this “demands a resilient network with reliable accessibility for developers and enterprises building decentralized solutions.” The team says it is pleased to share… Read More

Banking Tech Provider Nymbus, Vantage West Credit Union to Launch Digital Financial Solution

NYMBUS, a provider of banking technology solutions, announced Vantage West Credit Union has chosen its Launch product “to deliver a niche financial brand that is primed to reach new Member segments and grow revenue that it can reinvest back into the communities they serve.” Arizona-based… Read More

SaaS Startup Apptile Secures $2.5M for No-Code Platform Enabling Shopify Businesses to Develop Mobile Apps

Apptile, an SaaS startup specializing in no-code mobile app development, has secured $2.5 million in seed funding. The funds will be used “to launch Apptile’s innovative platform, allowing Shopify businesses to create customized, high-performance mobile apps without the need for coding or design experience.” The… Read More

Global Fintech Paysend Expands Bank Account Transfer Capabilities to Latin America

Paysend, the card-to-card pioneer and international payments platform, is solidifying its money transfer services to Latin America by “enabling U.S. customers to send money to Latin America quickly, securely and for a low fee through transfers to bank accounts.” Since launching transfers to bank accounts… Read More

Citi Introduces Sustainable Time Deposit Solution to Support US Institutional Clients

Citi (NYSE: C) has announced the launch of a new sustainable time deposit solution designed to assist U.S. institutional clients when investing excess cash while supporting their sustainability goals. Citi’s new Sustainable Time Deposit (TD) will “deliver competitive yields and supports projects identified under Citi’s… Read More

Digital Identity Network ID.me Reaches User Milestone of 100M Online Wallets

ID.me, the secure digital identity network, announced that more than 100 million Americans have signed up for an ID.me Digital Wallet to speed access to services and benefits. ID.me’s Wallet implements “a verify-once-anywhere, get-frictionless-access-everywhere approach to login and identity.” This milestone “represents significant progress toward… Read More

Investment Management: Confluence’s Analytics Solutions Adopted by Old Mutual Multi-Managers

Confluence Technologies, Inc., a global technology solutions provider helping the investment management industry solve analytics, compliance and regulatory needs,  announces the completion of Old Mutual Multi-Managers’ conversion “to its cloud-based Revolution Performance solution, gaining greater operational efficiency and ease of use in performance and attribution… Read More

Bankrupt Crypto Lender Celsius to Submit April 12 Filing, Will Have Details on Voting for Restructuring Phase

Bankrupt cryptocurrency lender Celsius Network recently revealed that it would be going ahead with its planned Chapter 11 restructuring process with a disclosure statement including pertinent information for its claim holders. Last week, we filed our Chapter 11 Plan of Reorganization (“the Plan”) with the… Read More

Fintech DailyPay Teams Up with Goodwill of Colorado

Goodwill of Colorado, an organization dedicated to creating community impact through programs for individuals with disabilities, education, training and career placement, has partnered with DailyPay–the provider of on-demand pay. As part of the organization’s mission “to empower individuals, and to provide a fulfilling employee experience,… Read More

FinFit, Salary Finance U.S. Announce Merger, Establishing Workplace Financial Wellness Platform

With nearly 50 percent of U.S. workers reporting financial stress, FinFit and Salary Finance U.S. announce their merger, to better support the financial needs of working Americans. Both companies have been “part of the rapidly growing market of financial wellness employee benefits offered through the… Read More

European Neobanking Fintech bunq Applies for US Banking License

The second largest neobank in the European Union is reportedly launching in all 50 US states. bunq, a neobank in the EU, has filed an application for a US banking license with the FDIC in the state of New York. By applying for a bank… Read More

SEC and DOJ Charge Frank Founder Charlie Javice with Fraud in Connection with $175M Sale of Student Loan Assistance Fintech to JP Morgan Chase

The Securities and Exchange Commission has charged Charlie Javice, the founder of the defunct student loan assistance company previously known as Frank, “with fraud in connection with the $175 million sale of the company to JP Morgan Chase Bank, N.A. (JPMC) in 2021.” The SEC’s… Read More

Federal Reserve Selects AutoRek to Feature in FedNowSM Service Provider Showcase

The US Federal Reserve has reportedly selected AutoRek, a global end-to-end financial data control platform, to feature in its FedNow Service Provider Showcase, which connects financial institutions with providers offering real-time payment solutions. Launching in July this year, the FedNow Service – an instant payments… Read More

Cybereason Acquires $100M in Funding Led by SoftBank Corp.

Cybereason, the XDR company, announced a $100 million investment led by SoftBank Corp. to support the company’s global growth and advance its innovation in XDR, EDR, and EPP solutions. In addition, Cybereason announced that Eric Gan will “serve as the company’s new CEO, subject to… Read More

Send this to a friend