News by FinTech Collective

Contributors raises $10.2m in Series A funding

New York based virtual card payment startup raised $10.2m in Series A funding led by Teamworthy Ventures.’s chief executive Bo Jiang told TechCrunch that the new funds will help the company launch its new Card Issuing API — in beta...…

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Ally Financial to acquire CardWorks for $2.65b

The acquisition will diversify revenues for Ally and add 2.8m credit card accounts, $3.4b in balances, with an avg. FICO score of 630.

Ally Financial’s CEO, Jeffrey J. Brown, said, “CardWorks represents an industry-leading credit card platform in the U.S., and this...…

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