Tagged: us

December 9, 2022 @ 3:58 pm By Omar Faridi  |  

MarketTime, the provider of order-writing, business intelligence and B2B eCommerce platforms in the industry, has announced its payments solution will be powered by Balance, the B2B payments experience company “offering the first online checkout built for businesses.” Balance claims it is “flipping the old, complacent… Read More

December 8, 2022 @ 3:11 pm By Omar Faridi  |  

Binance.US, the U.S. partner to one of the world’s largest crypto exchange and America’s home to buy, sell, trade, convert and stake digital assets, announced that it “has expanded its zero fee pricing model to now include Ethereum (ETH), effective immediately.” All new and existing… Read More

December 7, 2022 @ 8:27 pm By Omar Faridi  |  

Atlanta-based global payments technology company Brightwell launched its ATM program solutions that “offer a cost-effective way for the cruise industry to drive revenue while lowering ATM operation costs.” By partnering with NCR, the largest provider of ATM software applications and hardware, and Travelex, the “market… Read More

December 7, 2022 @ 8:17 pm By Omar Faridi  |  

We recently caught up with Martin Dobelle, CEO at Engage Labs, which is set to launch soon, and will be leveraging technology “to empower citizens for democratic participation in the digital age.” Engage claims it is a Public Benefit Corporation. According to Engage Labs, to… Read More

December 7, 2022 @ 7:57 pm By Omar Faridi  |  

Wave Financial LLC, the SEC-regulated digital asset investment management company,  announced the appointment of Harumi Urata-Thompson as Chief Financial Officer. She will report to David Siemer, Chief Executive Officer, and is “based in New York City.” As Chief Financial Officer, Harumi will “play an important… Read More

December 7, 2022 @ 7:17 pm By Omar Faridi  |  

Ribbon announced it has closed $2.7 million in venture capital funding “to enable the Austin-based startup to roll out its unique fiscal sponsorship model for the burgeoning nonprofit industry.” The company’s fiscal sponsorship model “allows individuals looking to conduct charitable work to partner with existing… Read More

December 5, 2022 @ 9:20 pm By Omar Faridi  |  

YAI, a New York-based organization dedicated to providing innovative services for people with intellectual and developmental disabilities (I/DD), has partnered with DailyPay, the provider of on-demand pay. Through the partnership, YAI is among “the first I/DD employers to implement DailyPay for its frontline, direct-care employees.”… Read More

December 2, 2022 @ 8:28 pm By Omar Faridi  |  

Cipher Mining, Inc. (Nasdaq: CIFR), a U.S.-based bitcoin mining company, recently announced it has commenced bitcoin mining operations at its Odessa data center in Texas. Tyler Page, CEO, said: “We are delighted to announce that our Odessa data center has begun bitcoin mining operations just… Read More

December 1, 2022 @ 10:27 pm By Omar Faridi  |  

Inflation is taking its toll on America’s healthcare workers, according to an update from DailyPay. A recent Harris Poll, “among over 2,000 U.S. adults of which nearly 200 are healthcare workers, commissioned by IntelyCare and DailyPay reveals that a majority of healthcare workers across the… Read More

November 30, 2022 @ 4:19 pm By Omar Faridi  |  

Brightwell, an Atlanta-based global payments technology company, announced that inCruises, an “exclusive” travel membership program serving 100 million partners worldwide that gives people expanded access to travel experiences, has integrated Brightwell’s ReadyRemit* platform, “powered by Brightwell’s international payment partners, to offer cross-border payments to its… Read More

November 29, 2022 @ 12:25 pm By Omar Faridi  |  

The team at Prosper notes that they’re sharing performance data from the Prosper Portfolio for October 2022. Highlights from the Prosper Performance Update – October 2022: Dollar % of AA-B rated loan originations in October comprised approximately 63% of total loan originations, representing a 102… Read More

November 24, 2022 @ 1:10 pm By Omar Faridi  |  

Novo, an all-digital neobank for US-based small businesses, has reportedly topped up its Series B round with a $35 million investment coming from GGV Capital. The additional funding brings Novo’s Series B investment round to $125 million, and total equity funding to over $170 million…. Read More

November 24, 2022 @ 9:35 am By Omar Faridi  |  

Featurespace, which claims to be the leader in machine learning fraud and financial crime prevention technology, has secured funding from UK and US governments “to build a new type of artificial intelligence (AI) system to help banks and payments service providers (PSPs) detect financial crime… Read More

November 22, 2022 @ 10:54 pm By Omar Faridi  |  

Low carbon building practices, crucial to achieving greenhouse gas emissions targets, “attracted record levels of venture capital funding in 2022 with investment levels soaring to $2.2bn.” Venture capital raised by companies involved in green building design, building materials procurement and lower carbon construction methods “has… Read More

November 22, 2022 @ 5:47 pm By Omar Faridi  |  

Engage People, which claims to be the only loyalty network that enables program members to pay with points directly at checkout, commissioned a newly released survey from The Wise Marketer titled “2022 Rewards Redemption Survey: US Consumer Attitudes and Preferences.” The report “examines consumers’ attitudes… Read More

November 21, 2022 @ 9:34 pm By Omar Faridi  |  

StellarFi, a financial technology company on a mission to disrupt the U.S. poverty cycle by opening access to credit, announced it has “exceeded $1 million in annual recurring revenue.” The company “emerged from stealth on June 28 and closed its oversubscribed $7 million initial funding… Read More

November 21, 2022 @ 6:38 pm By Omar Faridi  |  

Fortis, which claims to be the leader in embedded payments for software providers, announced the company is “expanding its suite of technology solutions by acquiring Payment Logistics, a payment technology company based in La Jolla, California.” Payment Logistics “not only brings dozens of embedded payments… Read More

November 20, 2022 @ 9:32 pm By Omar Faridi  |  

Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc announced that the blockchain-based solution they are using for bilateral FX settlements is “expanding to include the offshore yuan (CNH).” The offshore yuan “marks the fifth currency to be settled between the two banks using… Read More

November 20, 2022 @ 7:47 pm By Omar Faridi  |  

Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company, announced that it has partnered with HDFC Bank Limited, India’s largest private-sector bank, “to enable Indian payers to seamlessly and digitally pay international education fees to higher education institutions all over the world.” The… Read More

November 20, 2022 @ 6:21 pm By Omar Faridi  |  

Addepar has shared the latest updates as they pertain to the Addepar platform, as well as key insights from their proprietary, “anonymized” and aggregated data set, along with highlights from their client community; and updates about their team at Addepar. In November, they’re taking a… Read More