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State-sponsored retirement plans are expected to swell unstintingly to billions, maybe trillions, of dollars over time as state...
The fintech start-up backed by former JPMorgan executives has raised $4m to launch their platform to attract wealth managers and private...
There’s a narrative that the tech industry’s future lies in Texas and Florida with big-name tech executives moving en masse to Miami and...
The FANGs and other corporate giants may soon give Wall Street a run for its money as a key U.S. regulator is smoothing the path for...
WhatsApp is set to roll out health insurance and micro-pension products on its messaging platform in India through tie-ups with licensed...
Contactless payments (e.g., Apple Pay, Google Pay, tap-to-pay cards, etc.) are no longer a novelty. And adoption will only continue to...
For most consumers in the U.S., using a credit card and interacting with a PIN pad to make payments was rarely an issue — until the...
Apple’s next antitrust battle is shaping up to be over Apple Pay, the company’s digital wallet, as the Covid-19 pandemic turbocharges use...
Brazil based lending platform raised $255m in Series E funding led by LGT Lightstone.
Creditas plans to use the proceeds to fund its newly-launched subsidiary in Mexico, which started extending loans in July, Furio said,...…
Africa based digital bank raised $2m in Seed funding from Lachy Groom, Ludlow Ventures, Frontline Ventures and Act Venture.
Umba’s CEO Tiernan Kennedy said: “From the outset we built our platform to serve multiple markets, currencies and payment...…
Robinhood agreed to pay a $65m civil penalty, without admitting or denying SEC’s findings. The millennial-favored trading app is best...
Decentralized finance, otherwise known as DeFi, sits at the intersection of financial products and services with decentralized networks...
Bob Thompson, CEO of portfolio company Underline talks about why we cannot afford to be inefficient as we deliver affordable and reliable...
Flywire’s customers are predominantly in the healthcare and travel industries and will benefit from Adyen’s extensive international reach...
While there were some doubts about the valuation previously, many expect the market to value the firm above $8b as Bitcoin pushes to new...
Germany’s tech sector has hailed the government’s decision to allow some electronic-only securities—a move that paves the way for “crypto...
UK based workplace lending company raised $27m in Series D funding led by Experian and Legal & General.
Asesh Sarkar, Salary Finance's co-founder and chief executive, said 2020 had been "a pivotal year" for the industry. "Inequality in...…
Boston based homeowners insurance platform raised $40m in Series B funding led by Advance Venture Partners.
"We at Openly recognize the massive opportunity that exists to challenge incumbents and improve insurance," said Ty Harris, CEO and...…
Paris based developer of a fintech super-app raised $86m in Series B funding led by Accel.
“You know that P2P is successful when they leave money in their account because they’re going to come back,” he said. Back in 2014, when...…
London based recurring payments platform raised $95m in new funding led by Bain Capital Ventures.
“It’s been a strange round in some ways because it wasn’t something we’d planned,” GoCardless CEO and co-founder Hiroki Takeuchi told...…
New York based health insurer raised $140m in new funding led by Tiger Global.
"Since 2017, Oscar has seen annualized membership growth of more than 70%," said Mario Schlosser, Co-Founder and CEO of Oscar. "As we...…
New York based cryptocurrency infrastructure platform raised $142m in Series C funding led by Declaration Partners.
Paxos has also built a comprehensive technology stack that Cascarilla has described as a "plug-and-play" service. Its bread-and-butter...…
New York based leader in data discovery and intelligence for privacy, protection and perspective raised $70m in Series D funding led by...
New York based provider of a corporate card and spending management platform raised $30m in Series A3 funding led by D1 Capital and...
Asset manager Ruffer Investment Company is the latest “traditional finance” firm to hop on the Bitcoin bandwagon. The London-based...
The product is coming to market February 8, 2021 subject to regulatory approval. It will be cash-settled and based on the firm's CME CF...
Google Pay is tapping Fidel, a UK based startup with an API that allows developers to build products and experiences on top of major card...
San Francisco based company lending to healthcare practices now known as Provide raised $34m in Series A and B funding led by QED Investors.
"Provide doesn't just originate loans, we build deep and lasting relationships with customers," said CEO Dan Titcomb. "We are earning the...…
London based buy now, pay later startup raised $30m in new funding led by Gauss Ventures.
The wider buy-now-pay-later sector is under scrutiny as companies are not regulated, and failing to make payments could hurt consumers'...…
GoDaddy plans to pay $320m in cash at closing, along with $45m in deferred cash payments subject to various performance and employment...
Dallas based digital life insurance platform raised $70m in Series C funding from investors including Breyer Capital, Valar Ventures, New...
Chicago based provider of cloud software solutions for automating governance, risk, and compliance raised $8.8m in growth funding from...
New York based portfolio management platform intended to automate investment management for financial advisors using AI raised $45m in...
SoFi has spent the year trying to “build the muscle to be a public company,” the CEO Anthony Noto wrote in a letter to shareholders. SoFi...
The case is based on 2007 EU competition law, and marks the first mass claim made under the UK’s Consumer Rights Act – passed in 2015....
Ocrolus customers will now have access to Middesk’s insights through the Ocrolus API. Because Middesk allows companies to establish the...
Fascinating to see a consciously an ethical not-for-profit UK retailer (Co-op) deploy tech that scans customer's faces in real-time,...
If presented with bird’s-eye views of oceans, forests or deserts, many chief financial officers might struggle to connect them to...
America’s top banks have decided not to let a good crisis go to waste. During the pandemic, they have capitalized on their customers’...
Germany based tax compliance platform for cross-border e-commerce raised $21m in Series A funding led by Accel.
“While it has become easier and easier to sell products across borders in Europe from a marketing and logistics standpoint, the resulting...…
India based provider of finance and post-harvest services to farmers raised $21m in Series B funding led by Quona Capital.
“Our belief is that we should cater to the two-thirds of the market that are currently underserved. The Kota mandi (market), for...…
Austin based startup that helps consumers establish and build credit history raised $40m in Series D funding led by Meritech Capital...
New York based social-focused stock trading service raised $65m in Series C funding led by Accel.
According to Abraham, the company’s growth has been consistent instead of lumpy, expanding at around 30% each month. The co-founder also...…
Fresh of its report that Bitcoin will continue to chip away at gold's market share, the investment bank is now predicting that Mass...
San Francisco based mortgage marketplace lender raised $75m in Series E funding led by Benefit Street Partners.
The company also added Michael Bourque as Chief Executive Officer. Bourque brings nearly 20 years of executive experience to the table....…
Mexico City based developer of an app and debit card program designed for children and parents in Latin America raised $3.6m in Seed...
The point-of-sale lender, which had been set to begin marketing its shares to investors this coming week ahead of a December listing, now...
The vast majority of banks (94%) believe that the Covid-19 pandemic has turned the payments market into a technology arms race for which...
BBVA, the second-largest bank in Spain, with about $840 billion in assets, is poised to enter the cryptocurrency trading and custody...
Revolut has launched a new service allowing businesses in 13 European countries to accept online card payments, expanding its product...
Social Finance (SoFi) has held discussions with blank-check acquisition companies about a deal that would allow it to debut in the stock...
Betterment founder Jon Stein is stepping down as chief executive and will be succeeded by Sarah Kirshbaum Levy, a former executive of...
The US Congress is expected to approve the first overhaul of the country’s anti-money laundering laws in decades. Under the new...
Digital commercial insurance broker Embroker launched a new online service (Embroker Access) that allows retail and wholesale brokers to...
Los Angeles based digital brokerage for homeowners to list and sell their properties online raised $4.5m in Seed funding led by MetaProp...
Stockholm based open banking platform raised €85m in new funding led by Eurazeo Growth and Dawn Capital.
“Despite the difficulties of 2020, it was a year of great growth for Tink,” said Daniel Kjellén, co-founder and CEO of Tink, in a...…
The deal, executed through its Farmers Group Inc subsidiary, would expand Zurich Insurance’s P&C business, as the industry grapples...
Mastercard and Visa won't be processing payments for Pornhub anymore, with the two payments giants citing reports of the numerous videos...
As artists starved of touring income because of coronavirus pandemic restrictions cash in on old classics, there are plenty of takers....
While media consumption has shifted to streaming and on-demand models, the revenue and payments process hasn’t kept up. Despite the...
For a number of reasons, late 2020 may be the absolute optimal moment to sell a top-tier music catalog, and Bob Dylan’s catalog is...
Music publisher Primary Wave purchased an 80% interest in the copyrights, which are valued at about $100m. The deal, which includes hits...
London based financial digital assistant for Gen-Z raised $44m in Series B funding led by EQT Ventures.
In addition, the company will expand its operations in the U.S., including building out executive and product teams in San Francisco. ...…
MassMutual purchased the bitcoin through a New York-based portfolio company NYDIG, which has about $2.3b of bitcoin and other...
As the year comes to a close, portfolio company Sigma Ratings has continued to work toward building pioneering technology that changes...
South Korea based payments API startup raised $60m in Series B funding led by Hanhwa Investment & Securities.
“CHAI is a late comer to Korea’s digital payments market, but we saw a unique opportunity to offer value,” said Shin. The CHAI Card...…
Portfolio company Vestwell announced a partnership with Envestnet to give advisors who use its platform access to Envestnet’s 3(38)...
Mexico City based crypto platform targeting Latin American markets raised $62m in Series B funding led by Kaszek Ventures and QED...
San Francisco based startup developing a tool to connect credit unions and community banks with fintech companies raised $12.4m in Seed...
Even in a year full of surprises on Wall Street, this one stands out: A Chinese-owned brokerage has quietly built one of the...
San Francisco based real estate marketplace raised $36m in Series B funding led by QED Investors.
Stech said he had a brainwave about the opportunity when he finished graduate school at Stanford and moved to Las Vegas, which at the...…
Carts are aimed at making it easier for consumers to buy multiple items from a business, and for merchants to keep better track of order...
It’s not just asset managers that Dimon is interested in. He noted that the bank has some investments in the fintech space and that...
New York based barbershop management and point of sale system software platform raised $45m in Series C funding led by Iconiq Capital.
The coronavirus has threatened the livelihoods of small and medium-sized business owners, making it harder for them to secure loans or...…
Mountain View based cybersecurity insurance startup raised $34m in Series C funding led by Qumra Capital.
“This modern approach to risk management is not only driving strong demand for our insurance, but also enabling us to improve our...…
UK based provider of revenue-based financing for online businesses raised £37m in equity and debt Seed funding led by Fuel Ventures.
“Outfund is very different in the market in that we provide one fixed fee from 5% regardless of how you spend the funds. For example,...…
New York based analytics platform for financial markets raised $135m in Series C funding led by Intel Capital.
“We are honored and proud to have Intel Capital join as an investor and to reach this important funding milestone which is supporting our...…
San Francisco based startup helping banks and fintech companies build out their tech raised $18.6m in funding from investors including...
UK based pre-paid debit card startup focused on kids and teens raised $40m in new funding led by Edison Partners.
“For too long, kids have been locked out of the digital economy and parents lacked the tools to help their children gain confidence with...…
The San Francisco based company, which was valued at $4.8b in a private fundraising round last year, has held talks with a number of...
New York based insurance platform to help self-funded employers offer health plans and manage employee medical expenses raised $34m in...
Florida’s warm weather and lack of a state income tax have lured wealthy Americans for years. But until 2020, the region struggled to...
A spike in individual investing this year has buoyed the entire brokerage industry. Retail equity orders accounted for 20% of U.S. stock...
MicroStrategy bills itself as a business-intelligence firm but has been doubling down on its capital-allocation strategy disclosed in...
Portfolio company Ocrolus is hosting a virtual roundtable on Wednesday, December 16 at 1pm EST. Discover the issues, technologies and...
Dublin based payroll solution raised $50m in growth funding led by Lead Edge Capital.
“Immedis is redefining how organizations are managing global payroll through service and technology. What they have achieved to date is...…
Wisconsin based savings app raised $80m in Series C funding led by Iconiq.
When Americans rushed to stock up on toilet paper and other essentials in the spring, Fetch Rewards, a shopping savings app, faced a...…
A SPAC backed by veteran investor Bill Foley has agreed to merge with London-based Paysafe Group, valuing the payments platform at around...
London based payments processor owned by The Blackstone Group and CVC Capital Partners, agreed to be acquired via a $9b reverse merger...
France based home insurance startup raised $60m in Series B funding led by EQT Ventures.
Luko has a straightforward revenue model. It takes a 30% cut on monthly payments. Everything else is pooled together to pay compensation....…
A total of 20m yuan ($3m) will be up for grabs in a lottery. Winners will receive a so-called “red packet” via an app containing a...
UK based challenger bank raised £60m in new funding from Novator, Kaiser, TED Global and Goodwater.
Adds Monzo CEO, TS Anil, in a statement given to TechCrunch: “We’ve raised £125 million this year, achieved strong organic growth and are...…
Iowa based open source embedded banking platform raised $27m in Series A funding led by a16z.
We will use the funds to expand our team, further develop our enterprise offerings, and double-down on setting the standard for open...…
San Francisco based provider of real-time compensation transparency tools raised $16m in Series A funding led by a16z.
“I imagine there will be some late adopters that are not fully aligned with that vision at first,” Schulman admits. “How can we really...…
London based digital banking app focused on underserved customers raised $20m in Series B funding from investors including Concentric,...
Portfolio company Fondeadora welcomes Mibo's users to its growing community. Together, they are positioning to redefine the future of...
The S&P DJI-branded products will use data from New York-based virtual currency company Lukka on more than 550 of the top traded...
Congratulations to portfolio company Sigma Ratings, which was named to the 'Regtech 100', an annual list of the most innovative regtech...
The move positions JPMorgan to broaden offerings to financial advisers, a key source of growth in the asset-management industry. With...
The concerns follow a flurry of new technologies from New York to Hong Kong trying to drag the process of placing bonds into the 21st...
Apple phones face scrutiny from Dutch antitrust regulators who are probing whether users get a free choice of financial apps with...
Restrictions should also be imposed on State Street and Vanguard, said the American Economic Liberties Project. Between them, the three...
Buy-now-pay-later deals have exploded in popularity during the pandemic, prompting fears of a looming debt crisis among the young and...
Cash by Cash App, designed in-house by the company’s Brand Studio team and all produced in Los Angeles, is a youthful, unisex apparel...
Step, the new modern-day financial services company built for teens and families, today announced a $50m Series B round of funding led by...
Stripe, which processes payments for millions of online businesses and e-commerce platforms, will soon give its customers the option of...
The Waddell deal is expected to close in the middle of 2021, which would place Macquarie as a top-25 actively managed mutual fund manager...
Sber revealed its intentions around developing its own stablecoin back in August. But this is the first time JP Morgan – America’s...
Chicago based API framework for retail banks raised $81m in Series C funding at a $600 million pre-money valuation led by Goldman...
Discussions also involve Altimar Acquisition, a SPAC, and would value combined entity at around $13b. Should it come together, it would...
San Antonio based financial app that’s looking to serve as a more affordable and responsible alternative to payday loans raised $3.7m in...
Visa announced it is connecting its global payments network of 60m merchants to the U.S. Dollar Coin (USDC) developed by Circle Internet...
The exchange operator filed a proposal with the SEC on Tuesday that would require listed companies to have at least one woman on their...
Atlanta based payment technology company raised $61m in extended Series A funding led by F-Prime Capital.
"Consumers, travel agencies and their suppliers were frustrated by the lack of transparency in the payment process. While we initially...…
Denver based insurance licensing and compliance automation startup raised $6.7m in Seed funding led by Craft Ventures.
According to Sabharwal, AgentSync now has more than $10 million in the bank, meaning that the startup is very well capitalized to...…
San Francisco based provider of financial services for teens and families raised $50m in Series B funding led by Coatue.
“Since Step’s launch, we’ve seen massive demand for this new type of all-in-one banking solution, making it much easier for teens to...…
Congratulations to portfolio company IMMO Capital, as with over 200 nominations submitted, are selected as a finalist for – “Adoption of...
NYDIG raised $150m for two new funds to invest in cryptocurrencies, a move that underscores the one-stop crypto shop’s skyrocketing clout...
Stripe Capital first got off the ground in September 2019, offering customers and businesses financing options through its online...
Visa is partnering with cryptocurrency startup BlockFi to offer a credit card that rewards purchases with Bitcoin. Users of the Bitcoin...
India based credit card startup raised $80m in Series C funding led by DST Global.
“CRED has the richest Indians as customers already,” wrote Anmol Maini, a San Francisco-based engineer, who closely tracks the Indian...…
Starling Bank, having grown its user base to 1.9m UK customers, has sparked acquisition interest amongst major high street banks. Whilst...
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