News by FinTech Collective

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Taulia raises $60m in new strategic funding round

San Francisco based B2B payments platform raised $60 million in funding led by the Ping An Global Voyager Fund.

The proceeds from the fundraising round will be used to expand globally and introduce new products, Mr. Bru said in an interview. Ping An...…

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Railsbank arrives in the US

London based open banking platform Railsbank has launched in the US, introducing a first-of-its-kind Credit Card as a Service (CCaaS)...

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Apiture Completes $20m Fundraising Round To Support Innovation

Deleware based digital banking platform for financial institutions raised $20m in financing co-led by Live Oak Bank and First Data.

"Live Oak and Apiture are fortunate to have been joined by partners that share our vision for Apiture and our enthusiasm for changing...…

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Railsbank arrives in the US

London based open banking platform Credit Card as a Service (CCaaS) is launching in the US. Railsbank will sell to fintech startups and...

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Banc Sabadell brings insurance services to WhatsApp

Spain's Sabadell is preparing to use messaging app WhatsApp to deliver home insurance services.

The bank, through its broker Bansabadell Mediación and its insurance subsidiary Bansabadell Seguros Generales, is piloting the service...…

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nCino targets ~$2b valuation in impending IPO

As IPO season continues, nCino filed an updated S-1 filing, providing an initial price range for its equity of $22-24 per share.

Regardless of where nCino priced toward the end of its life as a private company, its IPO is a likely win for both Salesforce and Insight...…

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Decentralized finance protocol Radix raised $4.1m

London based decentralized finance protocol raised $4.1m in new funding led by LocalGlobe and Taavet Hinrikus (TransferWise).

Radix is “not trying to be a general purpose platform,” says CEO Piers Ridyard. “Decentralised finance, and by extension, the financial...…

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Employee benefits management startup Nayya raised $2.7m

New York based employee benefits management startup raised $2.7m in Seed funding led by Social Leverage.

“The greatest challenge is educating an entire ecosystem and convincing that ecosystem to believe that where the consumer wins, everyone...…

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Allstate to buy rival insurer National General for $4b

Allstate says the all-cash deal will help increase its business in the personal property-liability market.

Under the deal, shareholders of National General NGHC, a New York-based specialty personal-lines insurer, will receive a total of $34.50...…

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Wintermute raises $2.8m in Series A funding to make crypto markets more liquid and efficient

London based algorithmic liquidity provider for digital assets raised $2.8m in Series A funding led by Lightspeed Venture Partners.

“We made a deliberate decision to be a technology company, not a financial services one, and it’s our tech-first approach that enables us...…

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Wagestream raises £20m in Series B funding

London based platform for employees to access their wages raised £20m in Series B funding led by Northzone. 

Peter Briffett, CEO and Co-Founder, Wagestream, says: “Where people work and how they work is changing by the day, all the more so since...…

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Capital raises $9m for its AI-based ‘capital as a service’ funding platform for startup

New York based AI-powered capital-as-a-service platform raised $9m in Seed-extension financing led by AME Cloud Ventures.

“A tech company does not instantly mean a risky company these days,” said Silverberg. “It’s fascinating to us that tech companies have...…

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Banking platform solarisBank raises $67.5m at $360m valuation

Germany based banking-as-a-service platform raised $67.5m in Series C funding led by HV Holtzbrinck Ventures at a $360m valuation.

solarisBank’s vision could be summed up in two words — regulation and modularity. The company is a fully licensed bank, which means that...…

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HR software and payroll platform Worky raised $3m

Mexico City based HR software and payroll platform for SMEs raised $3m in Seed funding led by QED Investors. 

Lauren Connolley Morton, Partner at QED Investors, said, "We’ve invested in HR technology companies worldwide, and we’re convinced that...…

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Rappi & Banorte: JV aiming to offer financial services on a massive scale

The joint venture announced by Rappi and Banorte is on a hiring spree and working to roll out its first financial product by late September.

The company hopes to develop a range of highly innovative financial services that combine intuitive UX and a strong value proposition,...…

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