Tagged: us

September 26, 2022 @ 8:21 am By Omar Faridi  |  

Funding Circle (LSE: FCH), which claims to be the UK’s largest small business lending platform, and Bayview Asset Management, an investment management firm headquartered in Coral Gables, Florida, announced a lending partnership that is “targeting the provision of £700m funding to small businesses over an 18… Read More

September 25, 2022 @ 2:30 pm By Omar Faridi  |  

SpendMend, a  provider of solutions to optimize the cost-cycle for the healthcare industry, announced they have closed on a round of strategic investments from Spectrum Health Ventures as well as Memorial Hermann Health System. The new venture activity “follows closely in the wake of the… Read More

September 24, 2022 @ 7:41 pm By Omar Faridi  |  

The Defense Advanced Research Projects Agency (DARPA) has awarded Inca Digital‘s government contracting division, Inca Digital Federal, a Phase II Small Business Innovation Research (SBIR) contract “to research advanced methods for analyzing activity related to financial applications of distributed ledgers in a project called: ‘Mapping… Read More

September 22, 2022 @ 10:17 pm By Omar Faridi  |  

One Inc, the digital payments network for the insurance industry, announced that Wisconsin-based SECURA Insurance, has selected One Inc’s full suite of digital payment solutions PremiumPay® and ClaimsPay®, “for both inbound and outbound payments for one of its insurance products.” The result is seamless handling… Read More

September 22, 2022 @ 3:23 pm By Omar Faridi  |  

Higlobe, Inc., the U.S. based solution for international payment transfers, raised $14 million in funding “to expand its technology and launch into new markets.” The investment round was “led by global technology investment firm Battery Ventures, an investor in a number of U.S.-based fintech companies.”… Read More

September 21, 2022 @ 10:07 pm By Omar Faridi  |  

As Gemini continues its mission to provide safe, secure, and innovative crypto products and services to our customers, they look to experienced industry professionals to help them on this journey. To that end, Gemini is pleased to announce that Maria Filipakis and Matthew Homer have… Read More

September 21, 2022 @ 7:59 am By Omar Faridi  |  

The population’s need for affordable non-bank loans due to a low credit rating or its absence, difficulties with the registration process, etc. could be “the main driver of the American P2P market,” according to an update from Robo.cash. The national specifics are also very clearly… Read More

September 20, 2022 @ 11:15 pm By Omar Faridi  |  

CoverTree, one of the first ever digital insurance solution for residents of manufactured homes, announced the launch of insurance coverage in Arizona, Indiana, Michigan, New Mexico, Ohio, Illinois, and Tennessee “after raising a total of $10 million in venture funding.” The $10 million seed round… Read More

September 20, 2022 @ 6:12 pm By Omar Faridi  |  

Republic Capital Group recently announced its partnership with the University of Texas by committing to financial support “for multiple years as part of joining its Wealth Management Network.” The Network supports its Wealth Management Center that “focuses on changing the way investment is being made… Read More

September 19, 2022 @ 9:27 pm By Omar Faridi  |  

Jumio, the provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, announced that it has successfully “achieved SOC2 Type 2 certification for its Jumio KYX platform, with zero exceptions listed in the examination conducted by Moss Adams.” SOC2 is “an American Institute of CPAs… Read More

September 19, 2022 @ 9:05 pm By Omar Faridi  |  

One Inc, the digital payments network for the insurance industry, announced that Florida-based property insurer Tower Hill Insurance Group has selected One Inc’s outbound payment solution, ClaimsPay, “to streamline and improve digital payments processing for its customers.” The implementation of ClaimsPay will “enhance the outbound… Read More

September 18, 2022 @ 11:46 pm By Omar Faridi  |  

China and the US present the “greatest” opportunity for cross border eCommerce expansion in 2022 and beyond, according to a joint report from Airwallex and PPRO. China has “the largest cross border eCommerce market with a total value in 2021 of USD 301.5 billion.” The… Read More

September 18, 2022 @ 9:37 pm By Omar Faridi  |  

This holiday season, U.S. retail sales excluding automotive are “expected to increase 7.1% year over year,” according to the Mastercard SpendingPulse annual holiday forecast. Mastercard SpendingPulse “measures in-store and online retail sales across all forms of payment.” It is “not adjusted for inflation.” The holiday… Read More

September 18, 2022 @ 8:50 pm By Omar Faridi  |  

Adyen (AMS: ADYEN), the global financial technology platform of “choice” for large businesses, has teamed up with Cash App (Block, Inc.) to offer Cash App Pay, “a mobile payment method, to Adyen’s U.S. customers.” Businesses working with Adyen will “have access to Cash App Pay… Read More

September 17, 2022 @ 4:27 pm By Omar Faridi  |  

The UK happens to be the “top” European market and is also one of the key global markets for venture capital (VC) funding, according to an update from GlobalData. However, it has been “experiencing a subdued funding activity in the recent months with monthly VC… Read More

September 14, 2022 @ 2:17 pm By Omar Faridi  |  

KlariVis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, announced its new relationship with its first Indiana-based institution, First Farmers Bank & Trust, as “a key data partner for the bank’s future.” KlariVis explains that it “compiles and aggregates high-value, actionable… Read More

September 13, 2022 @ 9:27 pm By Omar Faridi  |  

Zolve, India’s “first” neobank providing cross-border financial services, announced the appointment of Steve Freiberg to its leadership team in the United States. Freiberg comes “with vast experience and expertise in the financial domain and has held several key leadership roles in global organizations in the… Read More

September 13, 2022 @ 8:35 pm By Omar Faridi  |  

Aurora Payments, LLC is pleased to announce the acquisition of One Payment, a Florida-based Fintech payment company. Co-founded by Luis Requejo and Jorge Calzadilla, One Payment “boasts over 6,000 merchants in its portfolio with particular emphasis on minority-owned small and medium sized businesses.” With over… Read More

September 12, 2022 @ 10:48 pm By Omar Faridi  |  

ErisX, a Cboe Global Markets (Cboe: CBOE) company, announced it has introduced the ErisX Settlement Service, a solution designed “to help remove settlement risk for over-the-counter (OTC) crypto transactions.” The offering expands ErisX’s suite of tools for institutional investors, “enabling them to settle OTC trades… Read More

September 12, 2022 @ 10:45 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) recently revealed that it has recorded the most patents granted in the first half of any year in the company’s history. The U.S. Patent Office granted Bank of America 341 patents “during the first half of 2022, which is a… Read More