.jpg){kind=avatar}
Brazil based BaaS startup raised $200m in Series B funding led by General Atlantic.
“Our key differentiators are the technology and the combination of features that create a ‘one-stop-shop’ solution. The technology is...…
L.A. based banking company focused on retirees raised $16m in Series A funding led by TTV Capital.
“Over 50% of the 73 million seniors in the United States do not feel prepared financially for retirement, and for too long, their unique...…
UK based embedded finance startup raised $24m in new funding led by D Squared Capital and Moneta Venture Capital.
"It has been a very challenging period for the sector. Many companies grew too fast, failing to adequately develop internal controls, and...…
Seattle based provider of asset management software for commercial and residential solar raised $25m in new funding led by Activate...
Denver based provider of compliance software for insurers raised $50m in Series B funding led by Craft Ventures and Valor Equity Partners.
"Given the current headwinds sectors of the insurance industry are facing, investing in modern, scalable infrastructure to manage...…
Boston based insurtech company focusing on motorcycle and other powersports riders raised $4.25m in Series A funding led by American...
The World Bank said it has raised $105 million through a three-year digital bond to finance its sustainable development initiatives. The...
The Monetary Authority of Singapore (MAS) has set up Project Guardian, a policymaker group that includes Japan's Financial Services...
Total value locked across DeFi protocols has risen from $35.8 billion to $42 billion in two weeks. Over the past two weeks, ETH has...
Fireblocks, which offers institutional-grade digital asset custody, hired Peter Marton, a former top regulator at the New York State...
Zodia Custody, a crypto subsidiary of British bank Standard Chartered, is set to roll out its crypto storage services in Hong Kong,...
Kasikornbank, also referred to as K-Bank, on Monday announced its acquisition of a majority stake in the parent firm of local crypto...
Many people in the upper middle class are now millionaires thanks to college, savings, bull markets and timing.
"About 16 million American families—just over 12%—have wealth exceeding $1 million, up from 9.8 million families in 2019. Nearly eight...…
Solana Labs has launched an incubator program to help scale startups interested in building on its network. This incubator program is...
The stablecoin market cap stayed relatively steady at $124b during bitcoin’s sudden upswing, failing to break the sector’s levels from...
Ethereum scaling solution Arbitrum Orbit is officially mainnet ready, developer Offchain Labs says. This means that builders can create...
The year 2023 has been one of the biggest yet for innovation across the payments landscape. New, emerging rails including the FedNow®...
Gorman has been steadfast in his resolve to have a bloodless succession, a rarity on Wall Street, and the leadership changes are...
JPMorgan chief executive Jamie Dimon will sell 1mn shares in the bank next year, the first time he has reduced his stake in the group...
The withdrawal of the home crowd puts UK companies at the mercy of opportunistic hedge funds when they need to raise cash. The shift in...
The team will also come up with a policy to help determine how it can can reduce risks that may come with the development of so-called...
After four years of intense negotiations, the EU is expected to finalise its rules for AI companies by the end of this year. The new...
Turmoil in government bond markets has forced US companies to delay borrowing plans, making this the slowest October for debt issuance in...
Nine of Britain’s biggest pension funds signed up, committing to allocate at least 5% of their assets into British startups and VC firms...
Longer-term Treasury yields have hit their highest levels in 16 years, causing their value to plummet, and stocks are expensive....
Amid the roster of banks and brokerages helping KKR & Co. raise money for some of its newest infrastructure investments, two names...
San Francisco based e-commerce data management startup raised $2.75m in Series Seed funding led by NeoTribe Ventures.
“Node is the safest, fastest and most convenient way to transact online because it requires no central servers and consumer data doesn’t...…
Minneapolis based fintech inventory financing platform for retail brands raised $6m in new funding, co-led by Mairs and Power Venture...
New York based cash flow underwriting company raised $5m in Seed funding led by Obvious Ventures.
"Prism clients can use those insights to accurately predict credit default risk, score missing- and thin-file customers, identify...…
Mexico City based open finance startup Finerio Connect raised $6.5m in new funding led by Third Prime.
"We decided to pivot the company to business-to-business to be able to connect bank accounts, process data, and analyze it to create a...…
France based e-bike insurer company raised €7.6m in new funding led by Shift4Good.
"Over time we learned that there's additional appetite on the B2B2C side, working with big partners like Decathlon, one of the world's...…
San Francisco based cloud spend management platform raised $12m in Series A funding led by Jump Capital.
"Tools are needed to address the vast array of dynamic cloud services being used to build cloud infrastructure.”
New York based financial data repository company raised $16.7m in new funding led by Bain Capital Ventures.
"Aleph allows finance and operations teams to integrate all of their sources of data into a central database in a matter of minutes."
Singapore based crypto derivatives exchange raised $22m in Series B funding led by Pantera Capital.
“Any market maker can list assets in 30 seconds.”
Palo Alto based metaverse property company raised $7m in new funding from Network Ventures, C3 Venture Capital, and Animoca Brands.
"Upland continues to see increased virtual property owners and rising community engagement as it has launched new features in the past...…
Sweden based media budget management company raised $7.4m in new funding led by Fairpoint Capital and eEquity.
"Currently, 40 percent of Mediatool's revenue comes from the USA. Now is the perfect time to take the company to the next level and...…
Syndey based HR and payroll platform raised $167m in Series F funding led by TCV.
“We want to be recognized as an Australian business that’s gone global, with ambitions to be the largest startup that’s ever come out of...…
Canada based marketplace for startup shares raised $4.2m from Uncorrelated Ventures, Splash Capital, Harmony Partners, Hack VC, Admen...
Dubai based home buying platform raised $20m in growth funding led by Acrew Capital.
“A bunch of prop techs in our space are shrinking and closing business lines, but we’re doing the exact opposite by launching Nomad Agent.”
Florida based payments startup focused on multiparty property insurance claims raised $12m in Series A funding led by Headline.
“Having to do all of the follow-up work is oftentimes what is passed off to the contractor,” he said. “What’s unique about us is that...…
The CFPB's Personal Financial Data Rights rule would require banks and other financial services providers to make data related to...
Catch, once a health and retirement benefits company for gig workers and self-employed individuals, reemerged this week under new...
New York based AI platform for accounting firms raised $3.6m in Seed funding led by Better Tomorrow Ventures.
“Accounting is the language companies use to understand their business and make decisions. It’s a critical part of our market economy and...…
Indian based wealth and asset management startup raised $35m in growth funding led by Peak XV Partners.
“We sit on their side. It’s slightly different from the classical wealth management practice as we are advising as well as selling...…
Singapore based decentralized exchange for perpetual futures raised $22m in Series B funding led by Pantera Capital.
“Derivatives have another dimension, call time, so it has a much higher requirement on infrastructures because there’s liquidation...…
Charlotte based payments infrastructure company for financial institutions raised $10m in Series A funding led by TZP Growth Equity.
"We are investing in Finzly due to its innovative approach to creating flexible payments and banking solutions. Their technology aligns...…
New Zealand based open finance startup raised $1.4m in new funding led by Red Bird Ventures.
Akahu is recognised as New Zealand’s foremost provider of open finance connectivity. Its primary objective is to simplify and enhance the...…
The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the...
Global payment giants, including Mastercard and Visa, are pouring billions of dollars into African companies that have powered a sharp...
The UK launch, which will see Mondu begin working with 16 British clients immediately, comes on the heels of expansion into the...
Mastercard and Pemo, a UAE-based fintech startup that supports businesses across the Middle East, North Africa and Pakistan (MENAP), have...
Currently, the majority of the roughly 58m people estimated to be working in the gig economy do not have access to a workplace retirement...
EQT chief executive Christian Sinding said private auctions among its 1,100 limited partners could provide a novel way for its backers to...
The buyout group has been evaluating Nexi for some time, and payments has remained a hot space for mergers, acquisitions and spinouts,...
Bengaluru based fixed income investment startup raised $8.7m in Series B funding led by Accel and Harmony Partners.
“We will be using this money to mainly build our team, improve customer service across categories of business and also for originating...…
Vancouver based marketplace to buy and sell shares of privately held companies raised $4.2m in new funding led by Uncorrelated Ventures.
“Many funds are active secondary buyers, and with IPO markets being choppy or companies just choosing to stay private longer, there are...…
Barcelona based API for automated wealth services raised $8m in Series A funding led by Earlybird VC.
“Financial advisors can connect the information of their clients with two clicks on the platform, and then they can get all the wealth...…
New York based financial management platform for businesses raised $12m in Seed funding led by Glilot Capital Partners.
“This infrastructure lays the foundation for real time reconciliation, rolling cash flow forecasting, and secure AI database queries,”
San Francisco based fraud detection startup raised $18m in Series A funding led by U.S. Venture Partners.
“Darwinium offers a product that is both simple to deploy and effective at reducing fraud losses and reputational damage associated with...…
London based startup focused on digitizing and automating private capital markets raised $21m in Series B funding led by Moore Strategic...
New York based personal privacy and digital security startup raised $3m in Seed funding led by Jam Fintop.
“enterprise-grade technology enables banks and other enterprises to safely and compliantly leverage biometric data to authenticate users....…
Montreal based customer quote and invoicing startup raised $3.7m in Seed funding led by Manresa Ventures.
“The company’s payment and checkout experience especially highlights the software’s fintech play as it streamlines financial services to...…
Mexico City based provider of financing solutions to car dealerships in Mexico raised $20m in Series B funding led by Valor Capital Group.
Nexu provides a platform complements the current systems and products at car dealerships and allows them to offer a digital and real-time...…
New York based fraud reduction startup raised $40m in growth funding led by MassMutual Ventures and Capital One Ventures.
“As our daily lives become increasingly digital, Prove’s mission is to be the global standard for fast, secure, and privacy-first digital...…
New York based startup focused on immigrant credit history raised $45m in Series C funding led by Canapi Ventures.
“While cross-border credit remains critical to our strategy, we’re excited to broaden our offering and tackle a new set of industry...…
Canada based enterprise procurement startup raised US$50m in Series C funding led by Ten Coves Capital.
“Procurify helps organizations bring more spend under management, thereby consolidating spend data from our customers’ procure-to-pay...…
San Francisco based insurer of commercial truck fleets raised $57m in Series B funding led by Lightspeed Venture Partners.
“Nirvana is bringing insurance into the modern era, changing how the industry considers risk. Their incredible growth is a testament to...…
The debtors propose dividing missing customer assets into three pools based on circumstances at the start of the Chapter 11 cases: Assets...
Former Expedia chief financial officer Eric Hart will join the 10-year-old company a year after leaving the travel group. His appointment...
Ticket prices for live entertainment events, from Taylor Swift concerts to National Football League games and high-season Disney...
The banking giant Citibank has won an employment lawsuit against an employee who was fired after claiming expenses for food and drink for...
Congratulations to FTC portfolio company Nexu on the announcement of their $20m Series B financing led by Valor Capital Group. In...
The U.S. came in 22nd out of 47 countries, according to the latest Mercer CFA Institute Global Pension Index, with a slightly lower score...
The company has said the move is in response to demand from its wealthy customers. Ferrari will use crypto payments provider BitPay to...
Some senior executives at Goldman want out of what remains of consumer lending—namely, the Apple credit card and other Apple products,...
The US' stash of some 200,000 bitcoin was seized from cybercriminals and darknet markets. It is primarily offline in encrypted,...
Friendly fraud — which refers to customers requesting a refund for an otherwise legitimate payment — is getting worse, increasing...
Given the challenging environment, a small but growing array of businesses are turning to double-dip loans to bolster liquidity, giving...
Zelle, the payments platform used by millions of customers, is a popular target of scammers. But banks have been reluctant to make fraud...
Whoever looted FTX on the day of its bankruptcy has now moved the stolen money through a long string of intermediaries—and eventually...
New York based automated pricing platform for Shopify merchants raised $1.5m in pre-Seed funding led by Anthemis.
“Price negotiations have this negative reputation for being stressful, and what I found was that the most successful strategy was being...…
Toronto based commercial maintenance-turned-insurtech raised $2.5m in new funding led by Markd.
"The vision of our programs is to align incentives and have everyone benefit from equipment uptime. We've assembled a team uniquely...…
New York based insights provider into on-chain markets raised $4m in new funding led by Galaxy.
"We have the best data visualizations in the game — we offer users more than 110 customizable components, all in real-time."
London based instant payments startup raised £6m in Seed funding led by BackedVC.
“Lopay’s mission has resonated with thousands of small businesses and sole traders who are being squeezed simultaneously by high...…
Singapore based crypto wallet provider raised $7.7m in new funding led by Amber Group.
“Essentially, account abstraction develops smart contracts into wallets, and because the smart contract is programmable, developers can...…
California based startup providing stock and crypto brokerage via API raised $15m in new funding led by SBI Group.
Alpaca currently has two clients in Japan — SBI and Woodstock– but expects a few more users from Japan after the strategic investment...…
Ohio based embedded insurtech company raised $17m in Series B funding led by IA Capital Group.
“Consumers want a simple, easy, and transparent experience when searching for home insurance."
New York based cryptocurrency-focused trading and lending platform raised $20m in Series A funding led by Brevan Howard.
“You can think of us as the glue, a settlement network that connects all of these things together.”
After a tournament filled with upsets and old favourites being swept aside for new stars, Fat Bear Week has ended with the crowning of a...
The collaboration lets customers of Fiserv-hosted banks and credit unions connect to the more than 8,000 applications and services on the...
New York based privacy safe AI startup raised $1.6m in pre-Seed funding led by Gaingels.
“We are deeply committed to innovating in the AI space, ensuring consumer privacy and business confidentiality aren’t compromised. This...…
New York based carbon credits blockchain company raised $3.2m in new funding led by North Island Ventures.
"Environmental asset markets price and provide funding mechanisms for sustainable activities, such as carbon sequestration or renewable...…
Boston based property management software company raised $3.3m in Seed funding led by Prudence.
"APIs are effectively designed to move data from one system to another. We actually tackle a similar but arguably more challenging...…
Berlin based KYC/KYB automation startup raised a €5m in Seed funding led by White Star Capital.
“We’ve seen a surge in interest for business onboarding automation over the last year. Business services have traditionally been very...…
London based startup bringing private credit onto the blockchain raised $13.5m in new funding led by Fasanara Capital.
“We see an upcoming merging of worlds, on one side, fintech lending which fills the gap in underserved SME and consumer markets and, on...…
Start-up companies are moving to seize a slice of the lucrative business of distributing shareholder voting materials from Broadridge...
New York based loan management platform raised $15.2m in Series A funding led by Foundation and Infinity Ventures.
The A1 round will allow it to scale its annual recurring revenue to the $10 million mark in the next 15 months, he said, noting that the...…
New York based platform to help banks protect older customers from fraud raised $16.5m in Series A funding led by Fin Capital.
“The pandemic, which forced geographically dispersed families to assist with and coordinate money issues digitally, is a catalyst for...…
Berlin based digital wealth management infrastructure provider raised €30 million in new funding led by BlackRock.
“Millions of Europeans are embracing investing for the first time to build a better financial future for themselves.”
India based insurance company raised $60m in new funding led by Mitsubishi UFJ Financial Group.
“Our entry into the insurtech sector signifies a strategic commitment to increase insurance accessibility in India. InsuranceDekho’s...…
Singapore based equity marketplace raised $1.5m in new funding led by BlockBase Ventures.
"These markets we're in – like Indonesia, India, Vietnam, and Philippines – have large populations, a young, tech-savvy workforce, low...…
Chicago based web3 platform designed to bring commodity markets on-chain raised $3.5m in new funding led by General Catalyst and LocalGlobe.
“In the last century, we’ve seen vast growth in access to both financial and tangible assets. However, consumer access to and...…
UAE based company digitizing private market transactions raised $3.8m in Seed funding led by Middle East Venture Partners.
“We’re digitizing a lot of what is actually very manual, and we have taken a tech-first approach to automate as much as we can, while...…
France based professional insuretech company raised €11m in Series A funding led by Notion Capital.
Orus currently has 5,000 customers. By adding new products, it can act as a one-stop shop for all insurance needs.
London based lending infrastructure provider raised $12.5m in seed funding led by HV Capital.
“What we’ve raised now is transformative for us, so that we can focus on the longer term, we can be more strategic and this gives us a...…
India based SME insurer raised $24m in Series B funding led by the IFC.
“We are not competing with large insurance players or large distributors in India to take our space. We are just creating our own category.”
Boston based provider of mileage reimbursement software raised $100m in growth funding led by Wavecrest Growth Partners.
“Companies are turning to more efficient vehicle programs to deliver benefits and savings to their employees."
Indonesia based P2P lender raised €220m in Series D funding led by JTA International.
Investree said it has disbursed 14 trillion rupiah (about $900 million) of loans in Indonesia. The majority of the loans were disbursed...…
Since its inception, Flutterwave has advanced the democratisation of payments in Africa, enabling multiple modes like cards and mobile...
Goldman is offloading the lending platform less than two years after acquiring it as part of a broader retreat from the mass market. The...
The feature, which Klarna rolled out Wednesday, will enable users to point their phone at an item of clothing or an electronics product...
JPMorgan’s Tokenized Collateral Network, or TCN, was used by BlackRock to turn shares in one of its money market funds into digital...
The Cayman Islands Monetary Authority has for the first time granted a virtual asset service provider (VASP) licence to a decentralized...
Sociedad Financiera Popular (Sofipo) Fondeadora announced that it will integrate as a payment method to Google's digital wallet by...
This week, California Governor Gavin Newsom signed into law Senate Bill 54, which will require venture capital firms in the state to...
There aren’t a lot of businesses built around tape cassettes or floppy disks, so a lack of experts who can repair those decades-old...
The deal covers total deposits and investment AUMs of about $3.6b, and is expected to close in the first half of 2024. Citi first...
Indonesia based P2P lender raised €220m in Series D funding led by JTA International (Qatar).
"As part of the deal, Investree and JTA have established a joint venture in Doha, the capital of Qatar. The joint venture, called JTA...…
Toronto based platform that creates reimbursement plans for employees that use their personal cars raised $100m in new funding led by...
Los Angeles based optical care network and billing platform raised $3.7m in Seed funding led by Initialized Capital.
"Optometry still largely runs on handwritten and faxed orders, and SpecCheck hopes its tools can help modernize the sector."
New York based AI-driven insurtech startup Reserv raised $20m in Series A funding led by Altai Ventures and Bain Capital Ventures.
“Insurance carriers are realizing that a TPA using modern technology can deliver outsized benefits relative to TPA incumbents burdened by...…
Germany based payments solution provider raised $6m in Seed funding led by Inventure.
“If a platform wants to offer invoice payments with net terms, cards, direct debits, split the payments across three different parties in...…
France based sales compensation startup raised $10.5m in Series A funding led by Singular.
"Operations and finance teams can then define compensation rules and targets based on historical data. The startup offers a no-code...…
Colombia based corporate treasury platform raised $13m in new funding led by Kaszek.
“Building our own payment rails is a long-game approach that takes time but delivers the best, most direct and most customizable...…
New York based restaurant rewards startup raised $24m in Series A funding led by a16z.
“Independent restaurants don’t have the tools to make use of that raw data. There’s a difference between knowing it’s someone’s birthday...…
The fintech CFO discusses the state of small business lending, building a culture of authenticity, and the importance of networking.
CONOR O’DONOGHUE: As my career has progressed in the startup world, I’ve developed a greater appreciation for my time at blue-chip...…
Prosecutors say Bankman-Fried stole funds from FTX customers, in part, by secretly ordering the programming of “special features” that...
Across Europe, borrowers looking to secure new mortgages or refinance existing ones have found their payments soaring on the back of...
As a result, the overall measure of mortgage applications, which includes refinancing activity, slid 6% to its weakest reading since...
The HKSE's Stock Connect system, which links Hong Kong’s stock markets with those in mainland China, is getting an upgrade thanks to...
This expansion of CLEAR's identity platform comes from its acquisition of ID verification startup Sora ID. The one-touch KYC solution...
Public’s foray into music-royalties investing is the latest effort among financial firms to offer everyday investors access to...
The addition of Coincover to Unchained’s partners further strengthens its collaborative custody model, which enables investors to...
The question in the case is whether the way in which the CFPB receives its funding violates the Appropriations Clause of the...
The first ETFs to hold ether futures contracts launched Monday, with fund groups like VanEck, ProShares, and Bitwise Asset Management...
Bitcoin and the crypto market kicked off October with a bullish start, driven by a wave of liquidations and a short squeeze. Bitcoin...
The International Monetary Fund has a working paper out on a "Crypto Risk Assessment Matrix," aimed at helping countries strengthen...
Institutional investment in the crypto space is surging in the United Arab Emirates. Blockchain data platform Chainalysis found that...
Israel based payments fraud startup Creednz raised $7m in new funding led by Blumberg Capital.
"Creednz was built from the ground up to give finance teams the tools to fight back and protect against payment fraud."
California-based credit-building startup Grow Credit raised $10m in Series A funding led by USAA.
“We are honored to have one of the financial services industry’s most mission-driven institutions, USAA, as our lead investor.”
NY based point-of-sale financing platform Kafene raised $12.6m in a Series B extension led by Third Prime.
"We're extremely excited to be doubling down on partnering with merchants to offer more flexible ownership options."
South-African based fintech API startup Stitch raised $25m in a Series A extension led by Ribbit Capital.
"We moved away from being a single method platform to a next-generation PSP for local and global enterprises."
California based accounts payable automation startupStampli raised $61m in Series D funding led by Blackstone.
“AI became fashionable again and we’ve actually been using it for a long while.”
The irony of investors’ piling into AI is that the technology has for years struggled to crack the actual business of investing. Machines...
The new products embed the company's Experian Boost feature, which factors payments like subscription services into people's credit...
Congratulations to FTC portfolio companies Anyfin, Mondu and Qlub for being named to The Fintech 100, which is CB Insights' annual list...
The Major Payment Institution (MPI) license, granted by the Monetary Authority of Singapore (MAS), will allow Coinbase to offer digital...
Visa’s generative AI ventures initiative will be led by Visa Ventures, the company’s global corporate investment arm. This...
All I wanted was a status symbol. What I got was a $31,000 lesson in the downside of payment apps. The point here isn't that Zelle is...
The partnership appears to be the first of its kind under Musk’s leadership, and it seems to push forward his vision of X as an...
NYC based AlphaSense, an AI-based market intel firm, raised $150m in growth funding led by Bond Capital.
"We focus on the search for unstructured information, and provide structure to it."
London based payments platform Apron, designed to help small businesses pay and process their invoices, raised $15m in Series A funding,...
Finland based provider of sales automation software for venue and group bookings startup MeetingPackage raised $4.6m in Series A funding...
France based spend management startup Pivot raised €5m in pre-seed funding led by Visionaries, Emblem, Cocoa, Anamcara, and Financière...
Economists caution that the impact on households and the economy remains largely uncertain, as there is little precedent for borrowers...
Canada’s Top Growing Companies is an editorial ranking that was launched in 2019. It aims to bring the accomplishments of innovative...
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