NerdWallet acquires Fundera, the go-to small business resource
Through this acquisition, NerdWallet will expand its financial guidance and financing options for small business owners, establishing a...
Through this acquisition, NerdWallet will expand its financial guidance and financing options for small business owners, establishing a...
E-commerce, already on a tear before the pandemic, will capture one out of every five dollars spent in the U.S. this holiday season,...
Bloomberg explores how it seemed like everyone made a bogus application to the Small Business Administration’s Covid-19 Economic Injury...
The European Central Bank blamed a software defect for a disruption to the region’s main wholesale payment system last week that left...
Goldman has just released software that allows clients to embed banking services into their own products as part of a push to break into...
The Economist compares the "Blitz Kids", a mix of art students and urchins who frequented the Blitz wine bar in Covent Garden in the...
The deal could head off potential antitrust objections to Intuit’s $7.1 billion purchase of Credit Karma
Terms of the potential deal couldn’t be learned. A sale of the unit would require approval from the Justice Department, which is...…
The UK has carved out its own peculiar niche the “free in-credit banking model”. Current account customers at HSBC in the UK will look at...
Aging populations, subpar productivity growth and a once-in-a-century global pandemic led the Fed earlier this year to return its...
Sao Paulo based payments company raised $150m in a private funding round led by Viking Global Investors
Chief Executive Antonio Soares billed the fundraising as probably the company’s last before it undertakes an initial public offering...…
India based lender to small and mid-size businesses raised $35m in Series C funding led by Sequoia Capital India and Faering Capital.
“The current credit gap for MSMEs (micro, small, and medium-sized enterprises) in India is estimated at US$380 billion,” said Ishaan...…
Congratulations to portfolio company Sigma Ratings on the announcement of the new investment, which will be used to accelerate Sigma's...
San Francisco based provider of online insurance services raised $7.5m in Series A funding led by Goodwater Capital.
“This isn’t about charging everyone and then giving 50% back,” CEO and co-founder Chris Lotz told TechCrunch at launch. “It’s a guarantee...…
New Jersey based provider of optimization software for financial firms raised $10m in Series A funding led by Nyca Partners.
Led by Bimal Kadikar, CEO, Transcend is a provider of optimization solutions for collateralized businesses to a growing roster of banks...…
Today, institutional investors target just 2% of the available residential real estate market; that’s because in order to deploy capital...
Alliance Data, which provides customer loyalty services and products like co-branded and private label credit cards, plans to offer...
The integration will allow merchants to create and connect their TikTok business account and launch shoppable video ads directly within...
Stripe is launching a new tool that clients can integrate to set up automatic contributions that are made as a percentage of each...
Social Finance Inc has received preliminary, conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) over its...
The move is meant to head off potential antitrust objections to the personal-finance portal’spending $7.1b sale to TurboTax maker...
Rock-bottom yields are making it harder than ever for pensions, endowments and other money managers to hit the targets they need to meet...
The card issuer giant made an undisclosed strategic investment in the start-up back in May 2018. Now merged, the two plan to offer “a...
San Mateo based embedded banking startup raised $12 million in Series A funding led by E.ventures.
"We built banking so our partners don't have to," said Arjun Thyagarajan, Co-Founder and CEO at Wise. "By embedding banking, Wise unlocks...…
Stamford based mortgage and transaction company raised $40m in Seed funding led by Ribbit Capital, NFX and Zigg Capital.
"Buying a home is a lousy experience. Despite years of tech companies focusing on real estate, the overall process has not changed...…
Brussels based digital asset market maker raised €4.3m in new funding led by SIX Fintech Ventures and MiddleGame Ventures.
Kevin de Patoul, Keyrock CEO and co-founder, says: “Welcoming SIX Fintech Ventures and MiddleGame Ventures as investors is the ideal...…
New York based tech platform for alternative investment access raised $7m in Series A funding led by Crosslink Capital.
“We are thankful for the ongoing support of our existing investors and excited to now be working with Crosslink Capital who has a great...…
New York based family finance planning startup raised $18m in Series B funding led by CNO Financial Group.
"Now more than ever, it's critical that parents have the online tools they need to protect their family's future, without leaving their...…
Berkeley based trading and money management platform raised $33m in Series A funding led by Upfront Ventures and Wafra.
“The move by Jiko represents an important milestone in the maturity and evolution of fintech companies seeking to expand the reach of...…
Raleigh based financial modeling software provider for startups raised $5m in Seed funding led by IDEA Fund Partners.
“As a now three-time startup founder, I’ve seen firsthand how complex and time-consuming financial modeling and planning can be,” said...…
Proponents of digital assets say the recent rally isn’t another speculative frenzy among individual investors. They point to rising...
The cash remained in banks’ current accounts, and the balances have since returned to normal. Still, the incident highlights the critical...
Atlanta based provider of payment and data security services raised $25m in growth funding led by Macquarie.
“The average global cost of a data breach in 2019 was $3.86 million, with that number quickly rising to $8.64 million for US companies,”...…
In spite of rising concerns that the apps could be worse for consumers than the payday lenders they aim to replace, earned wage services...
Denmark based challenger bank raised $47m of Series C funding from Chr. Augustinus Fabriker, Klaus Oestergaard and Alan Howard.
Lunar Business went live in Denmark first. In the first months of launch, Lunar claims it signed more than half of Denmark’s newly...…
J.P. Morgan’s bullish stance is driven in part by PayPal's recent decision to offer Bitcoin to its customers and Square’s recent move to...
New Jersey based global digital trading technology company raised $56.7m in Series C funding led by Point72 Ventures.
DriveWealth currently works with a number of fintechs including Hatch, Revolut, Stake, and Moneylion to offer access to the U.S. equities...…
The Carlyle Group has agreed to buy a majority stake in Calastone, a London-based company that uses blockchain technology to automate and...
Ant’s IPO puts the company’s valuation at dizzying heights. At about $315b, Ant is worth more than the gross domestic products of Egypt,...
Virginia based provider of small business lending software for banks and credit unions raised $10m in new funding from Motley Fool...
London based fintech platform for connecting retail investors with public placements raised $50m in Series B funding from London Stock...
Nasdaq has released a white paper with best practices of how to tailor messaging (what is said and how it is said) and utilize data in...
Chase's new QuickAccept service lets businesses take card payments within minutes, either through a mobile app or a contactless card...
Palo Alto based BitGo was founded in 2013 by Chief Executive Officer Mike Belshe. It offers digital wallets that require multiple...
Portfolio company Oyster's CEO - Vilash Poovala - shares thoughts on fundraising in Latin America during the Covid pandemic.
Latin American fintechs raised US $ 525M (US $ 249.3M in equity and US $ 275.7M in debt) in 74 deals in the first half of 2020, according...…
Facebook said its WhatsApp messaging app would start to offer in-app purchases and hosting services, as it moves to boost revenue from...
A guide from the Wall Street Journal on what digital currencies issued by central banks could mean for users, banks and the economy.
Central banks around the world are weighing introducing a new kind of money, known as digital currency. China has been at the...…
PayPal announced it would begin supporting cryptocurrencies for the first time, allowing any PayPal account holder to store, buy, and...
Amazon has launched a new program that directly pays consumers for information about what they’re purchasing outside of Amazon.com...
Iugu's platform helps smaller companies automate billing, saving time with back-office tasks. It recently got a central bank license...
Next month, the Central Bank of Brazil will debut a new instant payments tool. Called PIX, it promises hassle-free transactions within...
Facebook will be making it possible for merchants to add “buy” buttons in other places that will take shoppers to WhatsApp chats to...
San Francisco based business and personal insurance brokerage raised $28m in Series C funding led by Founders Fund and Meritech...
New York based banking app for freelancers raised $15m in Series A funding led by Group 11.
Bar David predicted that the recent growth of the freelance economy won’t simply disappear once the pandemic is over, because workers are...…
New York based online home building, customization and purchasing platform raised $5.35m in Seed funding led by Global Founders Capital.
Led by CEO and Founder Alec Hartman, Welcome Homes is an online only residential real estate platform that enables users to buy and move...…
San Francisco based platform for startup founders and employees to track their equity raised $10m in Series A funding led by Stripe.
“Traditionally, a company might go public within a few years, but now companies are waiting 10 years, and the valuation is bigger and the...…
Netherlands based payment processing startup raised €2.6m in Seed funding led by Crane Venture Partners and Inkef Capital.
“The payments tech stack needs an upgrade,” Kraal tells me. “Today’s card payment infrastructure based on 30 to 40-year-old technology is...…
PayPal will soon begin offering support for cryptocurrencies, looking to capitalize on a resurgence of interest among consumers and...
San Francisco based reinsurance startup focused on climate change risk raised $4.7m in Seed funding led by True Ventures.
“Of the 14 largest fires in California this year, which together have burned 3.5 million acres, our model has predicted 11 of these to be...…
Mexico City based online challenger bank raised $15m in Series A funding led by Prosus Ventures.
“Prosus Ventures partners with entrepreneurs that are solving big societal problems with technology, in a uniquely local way. We invest...…
As fintech companies mature, many no longer aspire to be the best at one thing. That could mean not only new revenue sources for fintech...
The bank is rolling out a checking account that is paired with a new fintech-inspired service called QuickAccept, which lets merchants...
Billtrust, a B2B provider of cloud-based software and integrated payment processing solutions, will change its name to BTRS Holdings once...
Seattle based fintech company focused on small personal loans raised $11m in Series B funding led by Union Square Ventures.
Huang said the pandemic has affected customers and the business in unpredictable ways. It implemented a hardship program for customers...…
Ocrolus XSV can be used to match names, dates, numeric values or calculations with classification rules that can be exact matches or...
Company executives have started to adapt their statements and even their delivery to cater to the algorithms parsing text and speech for...
The thing we found most interesting about the paper was that, if a digital euro indeed does happen, the ECB seems to have something in...
New York based blockchain based information markets platform for debated topics like the election raised $4m in new funding led by...
Los Angeles based provider of credit underwriting software raised $15m in new funding led by Insight Partners.
The idea behind Zest AI is to apply better math to credit underwriting. Most financial institutions are using math developed in the...…
The tool, which is now in preview, is meant to help mortgage companies speed up the process of evaluating a borrower’s income and asset...
San Francisco based creator of an API-based platform that helps companies identify and investigate money laundering and fraud raised $13m...
Singapore based company seeking to prevent money laundering and terrorism financing raised $7.5m in new funding led by OTB Ventures.
Martin Markiewicz, Founder and CEO at Silent Eight said: “Every bank and every financial institution aims to provide a bespoke customer...…
New York and London based eCommerce revenue-based financing and marketing analytics platform raised $10.2m in Seed funding led by QED...
Forbes feature article this week - out of stealth, NYDIG, a New York based digital asset manager reveals it is custodying $115m of...
Greenwood was created by Bounce TV founder Ryan Glover and his close friend, rapper-activist Michael "Killer Mike" Render. The leadership...
It's been over 11 years since Bitcoin's genesis block was mined by Satoshi Nakamoto. In this article Charlie Shrem, Charlie Lee and other...
A chap called Mark used his COVID lockdown time to create a video representation of data scraped from 25 years of technology assessments...
Tokenization allows a designated cryptocurrency asset — similar to bitcoin — to represent a single security, such as a stock, or a basket...
San Mateo based API-powered commission-free equities trading service raised $10m in Series A funding led by Portag3.
To accomplish its aspirational goal, the startup needs more folks to build more things. Similar to many startups, Alpaca has gone fully...…
San Francisco based small business payments and marketing startup raises $52.5m in Series D funding led by Salt Partners.
The company has seen “record usage” during the pandemic, with 1 million new shoppers joining the network every month. At the same time,...…
Even though Revolut’s bank charter will be with California, it will allow the lender to operate widely throughout the U.S. via interstate...
The Financial Stability Board (FSB) has published its roadmap for boosting cross-border payments, which have traditionally been slow,...
Faced with the need to maintain the flow of payments and transactions amid social distancing, millions of Latin Americans joined the...
Brokerage says its systems were not breached, but that cyber criminals are behind the unfortunate episodes. The SEC has reached out to...
PayPal is launching a “buy now, pay later” service in the U.K. that lets shoppers finance their purchases over three interest-free...
Sell-side traders rode a wave of activity as markets plunged at the start of pandemic-spurred lockdowns before embarking on dramatic...
This week, Robinhood sent push notifications to users suggesting they enable two-factor authentication on their accounts. It also plans...
Portfolio company Antler reported that 2,600 individuals from over 30 different nationalities applied for this London-based cohort, a 50%...
Ocrolus cofounder and CEO Sam Bobley shares in a recent interview how he built up Ocrolus from an idea in 2014 to a reality, and why the...
It feels as easy as it does safe. With a few swipes of the thumb, investors anywhere can trade stocks straight from their mobile phones....
The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields...
Between August 11 and September 14, Microstrategy invested $425m into Bitcoin. Then, approximately three weeks later, Square followed suit
Fidelity Digital Assets said bitcoin’s market cap has plenty of room to grow in a Tuesday report on the benchmark cryptocurrency’s...
Salt Lake City based investment analytics company for the private capital markets raised $3m in additional Series A funding from...
Miami based tech-enabled financing platform built for small and medium-sized Latin American exporters raised $26m in Seed funding and...
The deal underscores two interesting points about Stripe, now valued at $36b and regularly tipped as an IPO candidate. First is how it is...
Orlando based AP payments as-a-service platform raised $23m in new funding led by Medalist Partners.
"This funding round represents a critical milestone for Finexio, enabling us to leverage our innovative payments platform to reach more...…
Over the next decade, institutions will not enter the digital asset market because of the store of value thesis alone, or on the...
Chicago based automated money management platform raised $45m in Series C funding led by Left Lane Capital.
The startup combines three different traditional fintech services into one (roboadvising, neobanking and lending), allowing it to price...…
According to the report, by the end of 2022 the G20 members, the IMF, the World Bank and the BIS will have completed regulatory...
Mexico City based "smart apartment" startup raised $23m in Series A funding led by a16z.
"We want to embed our guests in the culture that makes the travel experience magical while also helping the local economy,” said Nico...…
San Francisco based flexible accommodations startup raised $30m in Series B funding led by Ribbit Capital.
“We see a generational opportunity to innovate in a beleaguered travel sector. Kasa aspires to build a global accommodations brand...…
Canada based robo-advisor raised $87m in new funding led by TCV.
Wealthsimple, led by Chief Executive Officer Michael Katchen, pitches itself as a low-fee way to invest through its robo-advisory...…
London based decentralized lending and borrowing protocol raised $25m in new funding led by Blockchain Capital, Standard Crypto, and...
Paris based spend management platform for SMBs raised $18m in Series B funding led by Eight Roads Ventures.
The company intends to use the funds to continue to expand operations and its business reach, as well as its product offering to provide...…
FinTech companies are expected to benefit over the long term from customers’ shift to online banking due to COVID-19. N26’s native...
Latin America based commerce platform raised $30 million in Series C funding round led by Qualcomm Ventures and Kaszek Ventures.
“Our purpose is to reduce the barriers of entrepreneurship to zero,” said Santiago Sosa, Nuvemshop’s co-founder and CEO, in a written...…
San Francisco based platform to simplify mortgage loan closings raised $60m in Series C funding led by YC Continuity.
“Most people have identified this as a tech problem, and a lot of the tech — such as e-signatures — has existed for 20 years, but the...…
The digital yuan, known officially as the Digital Currency Electronic Payment (DCEP), is part of China’s plan to move towards a cashless...
Even though Revolut’s bank charter will be with California, it will allow the lender to operate widely throughout the U.S. via interstate...
New York based startup focused on rapid pay for hourly and gig economy workers raised $4.5m in Seed funding led by Upfront Ventures.
“We are thrilled to be one of the only sources of free capital for America’s hourly and gig workers. We believe that everybody should be...…
India based payment processing startup raised $100m in Series D funding co-led by GIC and Sequoia India.
“Razorpay has established itself as a clear leader, with its strong focus on customer experience and product innovation,” said Choo Yong...…
Lufax, one of China’s biggest online lending platforms, has announced plans for a US IPO even as the Trump administration pushes ahead...
Fascinating 177 page report on the state of Artificial Intelligence. The report considers the following key dimensions: Research, Talent,...
Now, after $20 billion worth of recent deals, Morgan Stanley, will get well over half its revenue from fees related to wealth and...
Macy’s is to take a stake in Swedish buy-now pay-later group Klarna as part of a partnership under which the US department store chain...
The Chicago Mercantile Exchange (CME), the largest U.S. regulated market for bitcoin futures, has been sounding out crypto traders to...
Speaking with founders and investors this year, it has become clear that the API model of delivering a product is more than an occasional...
Unfortunately the real heart of the case lies in the part with all the math and such. The Supreme Court’s decision in Google v. Oracle...
Investors pour $1bn into an industry spurred by financial inclusion and undeterred by money laundering curbs.
A 2019 Ernst & Young report found Colombia has the highest “fintech adoption” rate in Latin America, with 76 per cent of its population...…
The London Stock Exchange has agreed to sell Borsa Italiana to rival Euronext for €4.3 billion, clearing the way for its purchase of...
JPMorgan Chase announced Thursday a $30 billion investment over the next five years that the company says will address some of the...
Portfolio company Vestwell has partnered with Chalice Network, an online member-based digital marketplace, to bring Chalice advisors a...
Plaid Link is the interface you see when you add your bank account to any app or service that uses Plaid, such as Venmo, Acorns or Chime....
Oracle claims Google infringed copyright when it used elements of the Oracle-owned Java programming language to build its Android...
Join portfolio company Ocrolus for a virtual roundtable on Thursday, Oct 15 discussing how leading fintech companies are setting new...
The company was valued at $2.9b at the time of its $300m Series F last year according to PitchBook data. The company’s most recent...
Central banks have identified key criteria for issuing their own digital currencies in a report from the Bank of International...
Visa has struck a deal with Stripe to enable buyers on Visa Payables Automation to pay suppliers who are unable to accept digital...
While LendingClub began in 2007 as 100% focused on individual investors over the years it has moved to a much more institutional...
Square said Thursday it bought 4,709 bitcoins, worth approximately $50m. This represents about 1% of Square’s total assets as of the end...
Paris based cashback app raised €10m in Series A funding led by Partech and Axeleo.
“Our mission at Joko”, says Xavier Starkloff, co-founder and CEO of Joko, “is to make everyone’s life more rewarding, and make sure that...…
New York based startup that connects businesses with credit bureaus raised $13m in Series A funding led by Allegis NL.
“It is still difficult to connect small enterprises with bureau data,” Goines said. “Bloom is in front of offering this API for bureaus,...…
The deal continues the bank’s shift away from trading toward steadier, simpler businesses like money management. Eaton Vance shareholders...
U.S. officials are concerned that Ant Group and other Chinese fintech platforms will come to dominate global digital payments, the people...
In a consent order agreed to by the New York bank’s board, the Federal Reserve faulted Citigroup for falling short in “various areas of...
New York based payments fraud and cybersecurity monitoring startup raised $2.5m in Seed funding led by FirstMark Capital, Barclays and...
London based home services and insurance start-up raised £7m in new funding led by Anthemis.
“Our objective in the next two to three years is to become the leading challenger brand in the Home Cover market. This new funding will...…
San Francisco based billings and compliance startup raised $55m in Series F funding led by Insight Partners.
“We believe that a steady SaaS-i-fication of the market is already underway, with traditional businesses replicating the best practices...…
New York based investment research and portfolio management platform raised $6m in additional Series A funding led by Greycroft and...
The FCA said these products are “ill-suited” for retail consumers due to various reasons, including “extreme volatility” of...
The US department store chain has struggled to cope with the rise of online shopping and in particular the might of e-commerce giant...
San Mateo based account payables automation solution raised $150m in Series E funding led by Durable Capital Partners.
“This is confirmation to what we know: We are leaders in this large category,” Amit told Crunchbase News. “There are major barriers to...…
UK based data and workflow collaboration startup raised $20m in Series B funding led by Dawn Capital.
“We are thrilled to partner with a firm of the calibre of Dawn Capital who have an exceptional track record in working with fast growing...…
India based consumer credit startup raised $18.5m in Seed funding co-led by Accel and Lightspeed Venture Partners.
He declined to reveal what exactly Uni’s product — or line of products — would look like, but suggested that Uni is building the modern...…
Seattle based compliance automation startup raised $3.9m in Seed funding led by Madrona Venture Group.
“Every company, big or small, that sells a software solution must address a broad set of compliance requirements in regards to security...…
New York based leading enterprise no-code platform raised $207m in Series C funding led by Blackrock.
Unqork’s founder says that the goal isn’t to eliminate in-house developers, but to free them from handling unnecessary coding tasks. When...…
The product, which lets you watch a video then check out with a few taps, offers creators and influencers a way to more directly monetize...
Cardholders will be able to track their spending in real time, organized by category, plus split or share purchases, view their cash back...
Life Plan, a new functionality on Bank of America’s website and app, allows customers to set multiple goals like buying a home, improving...
An Italian preference for cash has held back digital transactions in the euro zone’s third-largest economy and Rome is encouraging a...
US companies are taking greater control over their stock market debuts by turning to direct listings, new technologies and Spacs. Taken...
In less than five years of existence, portfolio company Flutterwave, founded by a team of ex-bankers, entrepreneurs, and engineers, has...
American authorities brought criminal charges on Thursday against the owners of one of the world’s biggest cryptocurrency trading...
Two years after Colombia released its first regulations for crowdfunding, the country has hardly any fintechs in this niche, but that is...
GS is buying General Motors’ credit card business, according to people familiar with the matter, marking the bank’s second big-name...
The pay-on-demand platform enables safe, secure & convenient consumer financing via Samsung devices with embedded Knox security...
Square has introduced a self-serve ordering feature for restaurants that allows dine-in customers to order and pay for food through their...
The CFTC alleges that much of BitMEX’s trading volume and profits are from U.S. customers, despite the fact that, like many other...
The International Consortium of Investigative Journalists, BuzzFeed News and other FinCEN Files reporting partners found that big banks...
A central-bank digital currency would allow euro-area residents to place deposits with the ECB directly. That’s typically only an option...
Konstantin Vishnyak did one thing before he handed the second of his two iPhones to the police officer arresting him: he deleted...
The London Stock Exchange boasts that 30 spacs have been listed in London in the past 5 years. More than $2bn has been raised since 2017....
Ant’s consumer lending business is made up of two products: Huabei (similar to a traditional credit card), and Jiebei (small unsecured...
Answer to small businesses’ struggle for payment across the world lies in mix of fintech and regulation. As one small business owner says...
Citigroup says an employee error caused it to send more than $900m of its own money to a group of lenders expecting an interest payment...
Palantir shares operened at $10 on the New York Stock Exchange. Existing investors are allowed to sell up to 20% of their shares before...
The cards allow businesses to decided whether to earn rewards or adjust payment terms on certain purchases. AmEx is one of the largest...
The move marks the most dramatic regulatory intervention in the German payment group’s remaining operations since its collapse in June...
San Francisco based company for second home ownership launched by Zillow co-founder and former CEO Spencer Rascoff raised $17m in Series...
Cunningham notes that the trends that led to the popularity of the SPAC predated the pandemic (and hopefully will outlast it)....
New York based startup incentivizing people to save money with prize drawings raised $3.3m in Seed funding from a group of investors...
The network says it is working with more than 20 banks on the new project. It says SMEs will benefit from predictable payments, upfront...
Overseen by the Office of the Comptroller of the Currency (OCC), the charter would allow firms like Facebook, Google or Amazon to bypass...
Texas based digital banking technology vendor raised $140m in new funding led by D1 Capital Partners.
Mike Hansen, CEO, Alkami, says: "We inspire and power the digital strategies of financial institutions as they seek to grow confidently...…
Concerns remain over whether the SPAC market is large enough to support an ETF portfolio, even after a record-breaking year that has seen...
As a free user, you can 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