.jpg){kind=avatar}
.jpg){kind=avatar}
France based accounting automation app for freelancers and small businesses raised €35m in Series B funding led by Singular.
Indy first started with a product specifically designed for freelancers, self-employed people, doctors, architects, lawyers, etc. It can...…
Singapore based digital securities platform raised $50m in Series A funding from Development Bank of Japan, JIC Venture Growth...
BlackRock, the world’s largest asset manager with $7.81t under management, appears to have granted at least two of its funds the ability...
The SPAC has begun talks to raise new equity to support a transaction that’s slated to value the combined entity at more than $2.5b....
Under draft rules proposed on Wednesday, the People’s Bank of China (PBOC) can advise the state council’s antitrust committee to stop...
London based algorithmic liquidity provider for digital assets raised $20m in Series B funding led by Lightspeed Venture Partners.
“We were doing a lot of OTC transactions with various institutional counterparties and many of them were asking us to offer RFQ so they...…
We dig under the hood of what a SPAC is, what they target, and what to do as a CEO if you are approached by one.
Gensler is a well-known quantity on Wall Street after heading the CFTC during Barack Obama’s presidency at the height of the financial...
New York based insurtech platform for parametric products raised $7m in Series A funding led by Mubadala Capital.
Arbol previously announced that it had secured in excess of $250 million of its own risk capacity to further the expansion of its...…
New York based consumer finance app raised $35m in Series A funding led by Lightspeed Venture Partners.
“I can't understand budgeting if I'm in financial stress, and one of the main causes of financial stress would be clearly not having...…
Payment is a natural step for Douyin, which has a growing e-commerce business. Users can be directed to a product link while watching a...
Rating agencies have come under greater scrutiny following their role in the 2008 financial crisis. They were criticized for exaggerating...
Surging valuations in companies such as Checkout.com, Rapyd and Stripe highlight confidence that the trends encouraged by the pandemic —...
France based insurance startup raised €15m in Series A funding from Felix Capital, Ventech and Daphni.
LeoCare can insure your home, your car, your motorbike and your smartphone. You can sign up from the company’s website or install a...…
London based localized payments platform raised $180m in new funding from Euazeo, Sprints Capital and Wellington Management.
“PPRO is building solutions for performance in industrial strength. It’s growing rapidly because there are no other players that are...…
San Francisco based credit card startup that bases decisions on income raised $12m in new funding led by Spark Capital.
The startup believes the credit score system is outdated and doesn’t reflect your creditworthiness. That’s why it doesn’t use it to...…
San Diego based strategic finance platform raised $18.5m in Series A funding led by General Catalyst.
“Everyone wants to be strategic, but it’s so tough to do because 80% of your time is pulling data from these disparate systems, cleaning...…
An IPO, direct listing or even a merger with a SPAC would be the latest attempt by early advocates of Bitcoin such as the Winklevoss...
Bryan Ciambella joined Antler as a partner in 2020, heading up the Singapore-based, early-stage venture capital firm’s U.S. operations....
Madison, Wisconsin-based American Family Insurance is acquiring insurtech company Bold Penguin that serves small businesses. Bold...
Chicago-based asset management software firm raised $150m in a venture round led by ICONIQ capital at a $1.5b valuation.
“We’re trying to simplify the overall workflows that an investment manager has to undergo from front to back,” Chief Executive Officer...…
$600 was wired across 100m transactions - yet 13m people may have not reviewed their stimulus payment. Earlier this week, the IRS...
During the lockdown, millions of people have turned from paying by debit or credit card to making online purchases by a fast-growing new...
Fitch Group, the parent company of the namesake credit rating agency, has agreed to buy the debt research company CreditSights in the...
Last year, Goldman said it was seeking to gather $125 billion in consumer deposits with a goal of $700 million in pretax income from the...
Many young professionals who left major cities plan to return eventually, fueling demand for furnished short-term housing. Well funded...
A confluence of factors have helped to create the current opportunity, which include high multiples for stocks, tailwinds for digital...
The pandemic's impact and BNPL's overall rise in popularity will lead the industry to rack up $680b in transaction volume worldwide in...
Affirm, a business that has helped popularize a "buy now pay later" trend for Internet shopping, offered its shares to the public on...
New York based insurance benefits management platform raised $11m in Series A funding led by Felicis Ventures.
"The promise of real time access to healthcare data, transparency, and personalized recommendations has not yet translated to better...…
Berlin based payments platform and credit card for SMBs raised €21m in Series A funding led by Valar Ventures.
Moss provides real and ‘virtual’ credit cards to its customers, setting dynamic credit limits and offering software to keep track of...…
Vietnam based e-wallet company raised $100m in Series D funding led by Warburg Pincus and Goodwater Capital.
“We hope to go public in the 2021-2025 period, possibly in 2025. For us, IPO is a must,” Duc said of the prospect of an Initial Public...…
Colombia based real estate tech startup raised $35m in a Series B funding led by Greenspring Associates.
People in the U.S. often bring up tools like Redfin or Zillow, La Haus co-founder and President Rodrigo Sanchez-Rios said in an interview...…
Georgia based fintech platform that provides financing origination tools for e-commerce, point-of-sale, lending institutions and...
Singapore based financial services group raised $300m in Series A funding led by Hanwha Asset Management.
“We are at an inflection point in Southeast Asia, as the pandemic has accelerated the need for digital financial services that help us...…
Anchorage will have conditional authorization to operate as a trust institution nationally. The charter is the first of its kind, part of...
Affirm kicked off trading on the Nasdaq on Wednesday, amid what has turned out to be a good year for “buy now, pay later” companies....
In 1961, Popular Science magazine envisioned self-driving cars. The reality arrived sooner than anyone anticipated, before safety...
Los Angeles based digital asset management startup raised $10m in Series A funding led by RRE Ventures.
"We believe that the introduction of digital assets as a capital formation and growth bootstrapping mechanism is the greatest innovation...…
Colorado based home financing platform raised $22.5m in Series B funding led by Left Lane Ventures.
Led by Luke Johnson, Founder and Chief Executive Officer, Neat Capital has launched a smart home loan experience that automates the...…
Los Angeles based digital mortgage servicing platform raised $15.7m in Series B funding led by Canvas Ventures.
Also commenting on the investment round, Rachmel noted: “We’re thrilled to add Canvas Ventures to the Brace family and to see such...…
London based fintech-as-a-service platform raised $300m in Series D funding led by Coatue.
“We believe that every single company that is a consumer-facing brand will end up as a fintech company, because the main way to monetize...…
San Francisco based digital lending platform raised $300m in Series G funding led by Coatue and Tiger Global.
"We're working to build a smarter future for banking that delivers an end-to-end digital experience for any consumer banking product and...…
New York based real estate securities marketplace raised $6m in additional Seed funding from investors including WatermanClark managing...
New York based digital banking platform raised $15m in Series A funding led by M13 Ventures.
“We decided to take commercial banking, the entity with few technologies and is the least connected, and bring it to the center of the...…
The Justice Department lawsuit revealed a high level of concern at Visa about the possibility of disruption in payments and the impact...
Of the existing 18.5m Bitcoin, around 20 percent — currently worth around $140b — appear to be in lost or otherwise stranded wallets,...
NYDIG is teaming up with Moven to provide turn-key bitcoin products and services, such as the ability to buy, sell, and hold bitcoin,...
Investors poured a record $210b last year into Vanguard’s exchange traded fund arm, which secured more than a quarter of the ETF...
Atlanta based payments startup in the transportation, logistics, and supply chain industries raised $43m in new funding led by Addition.
"This is a trillion dollar industry that still conducts their payments manually, and the market is ready for a change. We're providing...…
Congratulations to portfolio company NYDIG on its acquisition of Digital Assets Data, a leading data, research, and analytics company...
Matt Levinson is featured in portfolio company Ocrolus' guest blog series, Investor Insights, explaining why 2021 is the year to finally...
The financial-technology company handles card payments for millions of online businesses and e-commerce platforms, including Mr. Trump’s...
San Francisco based provider of payment operations software raised $38m in Series B funding led by Altimeter Capital.
“Innovation on the Internet is starting to reach these older-school parts of the economy,” says Modern Treasury CEO and cofounder Dimitri...…
Singapore based digital assets exchange raised $6m in new funding led by Jump Capital.
Zipmex chief executive officer Marcus Lim said the company’s ambition to become a digital assets bank sets it apart from other exchanges....…
Germany based digital insurance platform raised €69m in Series C funding led by Tencent.
Founded in June 2015 by Dr. Christopher Oster, Steffen Glomb, Dr. Marco Adelt and Chris Lodde, Clark is an insurance manager that offers...…
Germany based provider of financial modeling and analytics software raised over $100m in new funding led by Insight Partners.
“We want to focus on more than just the finance department,” he said, and the company thinks of FPNA (financial planning and analysis)...…
London based online payments platform raised $450m in Series C funding led by Tiger Global.
While Checkout.com didn’t actually need to raise to stay alive, Pousaz says VC firms are a form of validation. Suddenly, you can talk...…
NCR is looking to buy Cardtronics, in a deal that takes place amid recent news that Apollo Global and Hudson Executive Capital, private...
The venture, called Bakkt, is expected to have a valuation of $2.1b after completing the merger with VPC Impact Acquisition Holdings. As...
Blockchain experts say 2021 is poised to see better adoption and venture capital investment in the space. They point to more financial...
Utah based data platform for banks, credit unions and fintech companies raised $300m in Series C funding led by TPG Capital.
“MX is at the epicenter of leveraging data to create positive money experiences,” he said. “In the financial services industry, they are...…
London based over-the-top banking platform that consolidates all bank cards into a single smart card and app raised $95m in Series C...
Walmart said Monday that it’s creating a fintech start-up with Ribbit Capital, with plans to develop unique and affordable financial...
India based B2B e-commerce and payments firm raises $280m in Series D funding led by Octahedron Capital and Moonstone Capital.
“Udaan is at the forefront of this uniquely Indian e-commerce opportunity, emerging in the last four years as one of the largest...…
Indonesia based online brokerage raised $25m in Series A funding led by Horizons Ventures and Alpha JWC.
Ajaib may eventually expand into other Southeast Asian markets, but for the near future, it sees plenty of opportunity in Indonesia....…
Chicago based investment management SaaS platform raised $150 million in new funding from Iconiq Growth.
"We are delighted to support Enfusion in its efforts to radically disrupt the investment management solution space," said Roy Luo,...…
Morgan Stanley have increased their stake in MicroStrategy by almost 500% from Q3 2020, indicating a massive vote of confidence for...
Goldman “wasn’t particularly satisfied” with the cash management services it was getting from other banks, so it decided to build what it...
The company holds client cash under a so-called “e-money” license. A full banking license would allow it to offer things like overdraft...
Mexicans working in the U.S. sent record amounts of money to relatives back home last year, illustrating the resilience of the U.S....
The WSJ gives us a glimpse, in a short video, of what Beijing’s new system looks like and how it would work.
China is testing a digital yuan, aiming to accelerate the replacement of cash and increase state control in a society where digital...…
The Executive Chairman of the Spanish lender Santander says in the FT that rules should be amended to remove Big Tech’s advantages and...
BBVA told users of Simple — the pioneering mobile and online banking app that it acquired for $117m in 2014 — that it is planning to shut...
Through the partnership, Vestwell is building Franklin Templeton's proprietary methodology natively into it's recordkeeping...
Michigan based maker of software for the property and casualty insurance industry raised an undisclosed amount of Series C funding led by...
Salt Lake City based cryptocurrency tax automation software company raised an undisclosed amount of funding from PayPal Ventures,...
New York based provider of a digital customer service platform for insurance companies and financial institutions raised $78m in Series C...
The review has been tasked by ministers to come up with ideas on how to support the UK’s buoyant fintech sector. The government sees the...
We are very pleased to share that FinTech Collective portfolio company TradeBlock has been acquired by CoinDesk. Currently, more than...
After surveying more than 375 companies with operations in Latin America about the future of work in the region, Courtney McColgan,...
Flutterwave is one of the brands that stepped up to offer a helping hand to businesses and individuals facing the harsh reality of 2020....
The SEC complaint accused Ripple of effectively running a $1.3b unregistered offering with its sales of XRP, which the regulator deemed a...
The merger with Palihapitiya’s SPAC, Social Capital Hedosophia Corp V, will value SoFi at $8.65b. SoFi was last valued at $5.7b in...
France based accounting startup raised €15m in Series A funding from Global Founders Capital and Partech.
A year after launch, Pennylane has generated €2 million in revenue ($2.5 million) and attracted 550 customers. There are now 30...…
Berlin based SaaS banking platform raised €110m in new funding led by TCV.
“Yes, banks have the functionality and capability, but launching something new is often a case of speed and cost,” said Danilkis. “The...…
Jack Dorsey, CEO of payments company Square, has joined the ranks of those criticizing the Financial Crimes Enforcement Network’s...
The Financial Conduct Authority’s (FCA) ban on the sale of derivatives and exchange-traded notes (ETNs) passed in October went into...
Digital coins are jumping in a world awash with fiscal and monetary stimulus, even as some commentators fear an inevitable bust and...
Mr. Trump said the apps can access private information from their users. It could be used by the Chinese government to “track the...
Indonesia based robo-advisor raised $30m in growth funding led by Sequoia Capital India.
“Traditionally, they also invest real estate or physical godl bars,” he added, but millennial and Gen Z investors are shifting toward...…
Bitcoin’s market capitalization of around $575b would have to rise by 4.6 times -- for a theoretical price of $146,000 -- to match the...
France based core banking platform raised €25m in new funding funding led by Long Arc Capital.
Vincent Fleury, Partner at Long Arc, commented: “As financial institutions begin to see the benefits of next-generation Core Banking...…
The San Francisco based company said in a filing Tuesday that it planned to sell 24.6m shares for $33 to $38 each. At the top of that...
CoinDesk is already the trusted news and event company for millions of early adopters and for individual investors who are discovering...
The TradeBlock deal illustrates how important data and indexes are becoming to the industry. The price of bitcoin has nearly quintupled...
Congrats to portfolio company TradeBlock on its acquisition. With TradeBlock, CoinDesk delivers the industry standard for the price of...
Utah based corporate spend management company raised $165m in Series D funding from investors including Hanaco, PayPal Ventures, Whale...
Utah based home sale and mortgage platform raised $108m in Series B funding led by Insight Partners.
According to SimpleNexus president Cathleen Schreiner, the company’s most recent funding will assist in its mission to overturn mortgage...…
Interpretive Letter 1174 explains how banks may use new technologies, including independent node verification networks (INVNs) and...
Square says its current methods of leveraging blockchain tracing with the wallet addresses has been effective thus far, working to track...
The company’s move into check cashing doesn’t make the peer-to-peer payment app an alternative to online banking, however. Instead, it...
Britain’s membership of the EU had meant the region’s banks and investors could bypass the home exchanges of stocks and trade them in...
The plan under consideration for Ant involves shifting its financially-licensed businesses — which include its payments, lending,...
San Francisco based digital banking platform raised $17m in Series A funding from Runa Capital, S7V, 1984 VC, EFG Hermes, Rucker Park and...
Chile based life insurance startup raised $9m in additional Series A funding led by QED Investors.
Betterfly says it will use the funds to further develop its product offering and reach more businesses, providing its embedded insurance...…
India based bill payment and rewards platform raised $81m in Series C funding led by DST Global.
In an interview with TechCrunch, Shah said that about 10 percent of CRED’s captable is currently allocated to employees and those who...…
In the past week, the largest United States banks have pledged to temporarily zero out their customers’ negative balances so they can get...
The idea was raised to the Treasury by UK Finance, a City lobby group, who joined with card service providers to highlight the need for...
As a free user, you can follow Passle and like posts.
To repost this post to your own Passle blog, you will need to upgrade your account.
For plans and pricing, please contact our sales team at sales@passle.net