Nasdaq Eyes Crypto Custody Launch by End of Second Quarter
Nasdaq expects its custody services for digital assets to launch by the end of the second quarter as it joins a growing pool of...
Nasdaq expects its custody services for digital assets to launch by the end of the second quarter as it joins a growing pool of...
Insurer Zurich is testing how it can use ChatGPT AI technology in areas such as claims and modelling, as it responds to the challenge...
New York based revenue cycle management company raised $45m in new funding led by Enhanced Healthcare Partners.
"Janus has been very capital efficient, and despite it growing like a weed it has been operating with a bootstrap mentality."
Stockholm based retail operations and payments platform raised $1.5m in new funding led by SKEL.
“At SKEL we look for innovation and value creation and we keep our eyes open for opportunities that challenge traditional industries and...…
Indonesia based provider of credit to underbanked consumers raised $270m in Series D funding led by Mizuho Bank.
“Kredivo has a stellar track record in Southeast Asia, leveraging on its deep data partnerships to promote financial inclusion within...…
Los Angeles based earned-wage access company announced it raised $66 million in Series A funding led by QED.
“This benefit, also known as ‘income streaming,’ allows workers to access their pay shortly after completing a shift instead of waiting...…
When asked if he thought remittances to Mexico will continue to break records in 2023, Carlos Serrano, chief economist of BBVA in Mexico...
Western Union expanded its cross-border remittance capabilities with the announcement it is partnering with 7-Eleven Mexico to enable...
The 31-year-old was detained in Podgorica along with Hon Chang Joon while trying to fly to Dubai using falsified Costa Rican traveling...
New York based crypto trading venue from Crossover Markets raised $6.35m in Seed funding led by Two Sigma.
"As the digital assets space evolves, diverse and reliable execution venues for institutional trading are critical."
Decentralized custodial wallet joint venture between Animoca Brands and Hex Trust raised $7.5m in new funding led by Liberty City Ventures.
"Gryfyn is a major part of our efforts to bring mass adoption closer by providing high-quality user experiences on top-tier products in...…
New York based maker of private key infrastructure for crypto developers raised $7.5m in Seed funding led by Sequoia Capital.
Turnkey is aiming itself as a developer-first tool that allows users to "generate hundreds of wallets and sign thousands of transactions...…
Los Angeles based checkout platform for car sales raised $12m in Seed funding led by Zeev Ventures.
“We’re focused on making it the norm in private party and independent dealer car sales to have a simple, secure modern sale.”
Spain based alternative lending company raised €30m in new funding led by Kingsway Capital.
"ID Finance has a proven track record of using technology and data analytics to create innovative financial products, and we believe they...…
Florida based provider of construction estimating software raised $5m in Series A funding led by Florida Funders.
The company intends to use the funds to expand its hiring and ongoing product development efforts.
Minneapolis based employer health benefits company raised $179m in growth funding led by General Atlantic.
"We are on a journey to help improve health benefits for businesses and their employees, and we are just getting started."
The company said Wednesday evening that it received a Wells notice from the SEC — a formal communique alerting a recipient of possible...
Berlin based embedded B2B payments company raised $5m in Seed funding led by Third Prime.
"Digitalizing finance workflows through existing SaaS players is a game-changer, and we allow our clients to become an all-in-one...…
Tanzania based digital banking infrastructure company raised $2.5m in Seed funding led by The Continent Venture Partners.
“Rather than try to create a new channel to bank these customers, we aim to enable these channels through a B2B2C offering that provides...…
Miami based automation and cost management company raised $20m in new funding led by Creandum.
“This funding is just in time to take advantage of the tremendous opportunity in the market as more and more companies transition to...…
UK based SME lender and savings company raised £25m in growth funding led by PV27.
"Our parallel investment in building our technology capabilities is already delivering service and efficiency improvements, all of which...…
India based payments and financial services firm raised $200m in growth funding led by Walmart.
“We are excited about PhonePe’s future and have confidence in how it continues to expand its offerings and provide access to financial...…
San Francisco based employee onboarding and workforce management company raised $500m in Series E funding led by Greenoaks.
“We’re still in a position where there are a bunch of investors that seemed to be very interested in owning more of Rippling and have...…
Digital asset protection provider Coincover has expanded its partnership with BitGo to enable clients to benefit from wallet access...
With the UK B2B e-commerce sector worth an estimated $200b, Mondu’s arrival was nothing but inevitable. And so arrives the day, as BNPL...
While terms of the deal weren’t disclosed, JPMorgan is paying roughly what the startup was valued for at its last fundraising in 2021,...
CapIntel, which specializes in automated proposal generation, workflow and fund analysis for advisors, announced the new ESG data...
The LME last week announced it had canceled nine nickel contracts — worth about $1.3m — after discovering “irregularities” at a certain...
The Engine by MoneyLion brand is designed to reflect the expanded breadth and capabilities of the combined company, while continuing to...
Based in Sydney, Australia, Stables (formerly Tiiik) is a digital wallet that allows users to spend, send and earn stablecoins, all on...
The moves will mark a complete exit from China for the $7.1t giant, which once saw significant potential in the world’s second-largest...
The Federal Reserve, along with the European Central Bank, Bank of England, Bank of Canada, Bank of Japan, and Swiss National Bank, with...
The all-share deal includes extensive government guarantees and liquidity provisions. The price per share marked a 99% decline from...
Flagstar Bank owner New York Community Bank has agreed to buy most of the operations of Signature Bank, the failed New York City-based...
Miami based automation and cost management startup raised $20m in new funding led by Creandum.
“We decided to build a platform that would help companies automatically optimize and reduce their cloud costs — without manual...…
India based payments and financial services firm raised $200m in growth funding from Walmart.
“We are excited about PhonePe’s future and have confidence in how it continues to expand its offerings and provide access to financial...…
The bank’s executives came together in recent days to formulate the plan, discussing it with Treasury Secretary Janet Yellen and other...
Santa Monica based self-custodial crypto wallet maker raised $3.1m in Seed funding led by Struck Crypto.
"Soul Wallet brings important innovation to the Ethereum community in the form of account abstraction and social recovery, enabling users...…
New York based payroll platform for managing freelancers raised $14m in Series A funding led by Andreessen Horowitz.
“Behind each independent contractor is an individual vendor, W9, 1099, e-signature, background check and a reconciliation process — a...…
SF based corporate credit card startup for e-commerce businesses raised $37m in new funding led by Valar Ventures.
“We imagined building better financial products for e-commerce founders with the mission of increasing the number of financially...…
San Francisco based commercial auto insurtech startup raised $46m in new funding led by Battery Ventures.
“Having spent about a decade of my career at Google and Facebook, I quickly noticed the negative externalities of the technology I...…
Credit Suisse executives held talks with representatives from the SNB and Finma on Wednesday afternoon after the bank’s equity and bonds...
A raft of tougher capital and liquidity requirements are under review, as well as steps to beef up annual “stress tests” that assess...
The firm, which launched the latest version of its technology named GPT-4 this week, said Stripe will provide billing and checkout...
New investors in the round included GIC, Goldman Sachs Asset and Wealth Management and Temasek, and return backers included Andreessen...
Congratulations to portfolio company Qlub on the announcement of their most recent fundraise. The new round was co-led by Cherry Ventures...
The tool will use the technology’s latest version, GPT-4, which launched this week. It’s currently being tested with 300 advisors, and...
Singapore based blockchain infrastructure startup raised $2m in Seed funding led by NGC Ventures.
"Smooth is a high-performance module that enhances the transactions per second or TPS of Layer 2 networks and application-specific...…
Hong Kong based issuer of the CNHC stablecoin raised $10m in new funding led by KuCoin Ventures.
"The CNHC stablecoin was launched in 2021 for use cases including money transfers and cross-border trade settlements. It is currently...…
Miami based payments infrastructure firm focused on vertical SaaS platforms raised $8m in new funding led by TTV Capital.
"We started Payabli as an API-first payment infrastructure ecosystem to help software companies become payment companies and monetize...…
These new licenses enable Flutterwave to strengthen its operations in East Africa. In addition to being a Payment Service Provider,...
DeFi platform Centrifuge is unlocking "affordable access to capital" with Real-World Assets, helping small businesses access DeFi...
MoneyLion delivered record Adjusted Revenue of $92m and improved Adjusted EBITDA to ($6)m in the fourth quarter. Full year 2022 Adjusted...
San Francisco based compensation management platform raised $5.8m in Seed funding led by Vestigo Ventures and Ridge Ventures.
"The system provides a unified view for understanding compensation by pulling data from disparate HR and finance systems via HRIS,...…
Indonesia based auto-financing startup raised $10m in Seed funding led by Openspace Ventures.
“The traditional approach is more like opening mom and pop stores, where sellers need to wait for their inventory to get sold [to end...…
London based payments orchestration platform raised $25m in Series B funding led by MMC Ventures.
"We‘ve seen strong growth across international markets, delivering significant cost savings and transaction conversion benefits."
US based payments firm focused on serving metaverse projects and digital world platforms raised $22m in new funding led by JPMorgan.
“The rise of user-generated content (UGC) across gaming worlds, social platforms and beyond means that we need a way for users to pay...…
The number of investment products has proliferated to the point that they are confusing retail investors, top asset management executives...
Stephane Kasriel, Meta’s head of commerce and financial services, wrote in a Twitter thread on Monday that the shutdown will allow the...
Most people enter adulthood feeling broke and spending frugally. Not Gen Z. Spending by the youngest group of US adults has been...
The companies will be among the first to bring Apple Pay to digital banking customers in Mexico. As part of a new collaboration,...
Benzino joins IMMO with 25 years of international entrepreneurial experience, marking this move as one of the company's most senior...
New York and Tel Aviv based wallet and payment solution platform raised $4m in Seed funding led by Accel.
“More businesses are accepting crypto payments and incorporating web3 experiences than ever before. However, this new era of web3 payment...…
FTC portfolio company Simetrik, an enterprise SaaS for financial control automation, gathered its team of +250 people from 12 countries...
Riskified, an e-commerce risk management platform became the latest Israeli firm to move funds to bank accounts outside of Israel,...
Selling payments, processing, and financial technology services to banks and credit unions may not be flashy. But it is steady and...
Across the world, these sober institutions are exploring digital currencies and clashing with crypto aficionados who believe that central...
It is not just fintech start-ups who have struggled to conquer America. US retail banking has been a graveyard of failed dreams for most...
Hedge funds including Third Point, Makuria Investment Management and Odey Asset Management have reaped a windfall from coal’s renaissance...
Brazil based stablecoin issuer raised $3m in growth funding led by Y Combinator and Arca.
"Funding currencies such as USD and EUR are already well-represented on-chain, we are completing the equation," said Joao Aguiar,...…
London based stablecoin startup raised $4.5m in Seed funding led by Placeholder VC and Galaxy Ventures.
"The GYD stablecoin has a novel all-weather reserve design, where this asset reserve intends to diversify risk to the greatest extent...…
New York City based white-label crypto wallet and payments company raised $4m in Seed funding led by Accel.
“That goes back to the main problem in the space right now. The user experience remains the top problem in any company, brand, platform...…
California based web3 infrastructure startup raised $7m in a Seed funding led by Polychain Capital.
"The thing that really got us excited at first was playing around with existing tooling and realizing just how much it left you twisting...…
London based digital identity company raised £10m led by Lloyds Banking Group.
Kirsty Rutter, fintech investment director at Lloyds Banking Group, says: “We know how important fintechs and technology partners are for...…
California based banking-as-a-service startup raised $15m in growth funding led by NAventures.
“Our goal is to do so in a way that makes it easy, fast and flexible to scale features and engagement on the fintech side while also...…
California based developer of zero-knowledge proofs of solvency raised $15.8m in Seed funding led by Framework Ventures.
“The last few months have highlighted an issue that has long plagued both traditional financial and digital asset firms – efficiently...…
New York City based cloud infrastructure spend management startup raised $21m in Series A funding led by Scale Venture Partners.
As Schaechter told me, Vantage is also profiting from the current downturn in the financial markets. Not only has FinOps become a thing,...…
FinTech Collective and Polymath Ventures published an article this week on the future of payments in Latin America. When analyzing the...
Markus Maier and Philipp Banhardt, founders of crypto compliance firm Violet (Mauve parent company), explain that Mauve will stand out...
Congratulations to portfolio company OXIO for being selected to Forbes' fifth annual list of America's Best Startup Employers. In...
In this report, Plaid co-founder and CEO Zach Perret discusses how the biggest fintech trends will shape digital financial services in...
Congratulations to Gabrielle on being named as one of the top senior leaders in fintech. The Women in FinTech Powerlist celebrates some...
The California lender, one of the crypto market’s top banks, said it would wind down and return all deposits following a run that forced...
One possible option involves lining up crypto-industry investors to help Silvergate shore up its liquidity, said one of the people. FDIC...
France based 'try-before-you-buy' startup raised €2.5m in pre-Seed funding led by Headline and Sequoia Arc.
“With try-before-you-buy, you only pay for what you decide to keep,” Elyn co-founder and CEO El Mehdi Hachad told TechCrunch. “We are...…
Toronto based compensation management platform raised $4m in Seed funding led by Golden Ventures.
“Compensation is a company’s biggest expense, but comp management is often treated as a mere admin task. In 2023, companies have software...…
Delaware based financing platform for vocational roles raised $11m in Seed funding led by Y Combinator and Susa Ventures.
“Some jobs like diesel mechanics have four-month training programs, and others like welding might be a year,” Menees said. Those periods...…
France based developer of a crypto "super app" raised $25m in Series A funding led by Liberty City Ventures.
On the other hand, Ryan Chou, Investment Principal at JetBlue Ventures commented: “Web3 has the potential to have a profound impact...…
Australia based payments technology startup raised $46m in Series D funding led by Silva Fortune.
“Till’s existing investors have demonstrated their confidence in our plans for the company and our renewed and prudent approach to...…
Binance.US cleared a major hurdle in its effort to acquire the assets of bankrupt crypto lender Voyager Digital in a deal worth over $1b...
The CapIntel platform now serves over 12,000 financial advisors in Canada through partnerships with established financial service firms...
Atlanta based provider of short-term loans for film and TV series raised $5m in Series A funding led by Collab Capital, WOCStar,...
London based provider of forecasting analytics for finance teams raised $5m in Seed funding led by AlbionVC and Eurazeo.
“Our platform dramatically increases the accuracy of revenue forecasting in a fraction of time it would take in spreadsheets,” said Ramp...…
Paris based provider of expense management software raised €24m in growth funding led by PSG Equity.
Nicolas Dubouloz, CEO of N2F, says, “We believe that this partnership with PSG marks the beginning of a new phase of growth for our...…
New York based contract lifecycle management startup raised $26m in Series A funding led by Premji Invest.
“The capital we raised allows us to capture the market opportunity as it evolves over the next several years,” Bijapur, who serves as...…
Los Angeles based employee benefits startup raised $3.1m in Seed funding led by XYZ Venture Capital.
Mick MacLaverty, Co-Founder & CEO, stated that this year is a crucial one for student loans, as loan repayment is expected to resume for...…
Zurich based bitcoin investment platform focused on serving Europeans raised $4.5m in Seed extension funding led by Ego Death Capital.
Earlier this year, Relai also launched a new business operation that allows small and medium-sized businesses to add bitcoin to their...…
Pakistan based trucking financing platform raised $6.4m in growth funding led by Accion Venture Lab and Sturgeon Capital.
Sheryar Bawany, Trukkr CEO and co-founder, told Reuters that it was looking to launch financial products at a "reasonable risk adjusted...…
Singapore based finance CRM for B2B companies raised $7.5m in Series A funding led by SWC Global.
“Managing receivables and collecting payments are often complex and compound even more as companies grow. Despite the growth of ERPs and...…
New York based student debt reduction and employee benefit startup raised $20.5m in Series B funding led by Altos Ventures.
“We exist to crush debt, and to empower hard-working Americans to go beyond student debt, into wellness, and ultimately wealth,” said...…
New York based regtech firm raised $23m in Series B funding led by Pivot Investment Partners and UBS Next.
“We believe Droit’s capabilities will help companies unlock potential revenue streams by simplifying and driving real-time regulatory...…
With Mercedes pay+, which is being rolled out on select new vehicle models beginning this month, the automaker’s customers in Germany can...
After years of earning next to nothing, depositors are discovering a trove of higher-yielding options like Treasury bills and money...
In 2018 Ken Griffin’s Citadel hired a group of scientists and analysts whose weather forecasts were more accurate than those of most...
The approval comes as Meta seeks to use the Brazilian market as a key test space for business messaging, an area that has assumed greater...
In late 2018, the companies behind the most widely traded cryptocurrency were struggling to maintain their access to the global banking...
A great re-read of the founding of WorldPay.. Nick, a former policeman, founded Worldpay in 1997, a year before PayPal was founded, when...
Next guest on the Fintech One-on-One is Sam Bobley, the CEO and Co-founder of Ocrolus. They have become the standard when it comes to...
Berlin based cybersecurity company for small and medium-sized businesses raised €3.6 million in Seed funding led by Octopus Ventures.
“We’re excited for this new era of security compliance. With the new funding, our amazing team and our investors’ support, we will be...…
NYC based claims guidance platform for disability, workers’ compensation, and property and casualty insurance raised $7m in Series B...
California based automation platform for data analysts raised $11 million in Seed funding led by Cota Capital.
“We are building a platform for [business users], and the main impetus behind it is the amount of manual work that goes on in doing...…
Massachusetts based blockchain monitoring platform raised $4m in Series A funding led by M12.
"Financial institutions and regulators are realizing there is a blind spot in their risk management tools to offer crypto products and...…
The Biden administration on Thursday nominated Ajay Banga, a former Mastercard executive who is now vice chairman at the private equity...
Just Eat Takeaway has taken a near €5bn writedown on the multibillion euro mergers that created Europe’s biggest food delivery group,...
US financial technology group FIS last month announced plans to spin off Worldpay just four years after paying $43bn for the group in a...
Technology moves faster than Congress can keep up with, and in the absence of new laws, lasting decisions about tech regulation are being...
Digital banking app Revolut reported revenues of £636.2 million ($766.9 million) in 2021, three times what it made the previous year, and...
A tokenized version of the digital real is part of the Brazilian initiative for building a central bank digital currency that is...
Both Visa and Mastercard have decided to push back the launch of certain products and services related to crypto until market conditions...
The wallet received permission from the CNBV on Tuesday after a one year and three month long process. Superdigital is the retail product...
Goldman Sachs' consumer push has struggled, culminating with the bank's pullback from those efforts late last year. Solomon's recent...
Seattle based banking platform for community and regional banks raised $15m in new funding led by Madrona.
"Banking infrastructure is heavily regulated, and many banks have systems that work well for the business of running the bank but are not...…
California based provider of financial crimes risk management software raised $23m in new funding led by DNS Capital.
"As the financial markets continue to evolve, it is critical for risk management teams to develop dynamic detection capabilities to...…
Montreal based maker of software for insurers raised $125m in growth funding led by Investissement Québec.
“We believed that there was a significant opportunity to continue to grow our customer base across the life insurance, wealth and asset...…
The new integration will enable advisors to efficiently scale their retirement plan practices and customize their offerings while giving...
By using Devron's federated data science platform, Cover Whale will develop and train AI models to rapidly incorporate new and...
FTC portfolio companies Flutterwave, Fondeadora, Axoni, and OpenSea were all named as top private companies of 2023.
Since 2005, YC has funded over 4,000 startups, including many that have become household names.
San Diego based maker of a decentralized lending protocol raised $2.5m in Seed funding led by Electric Capital.
"We believe Term Labs has the potential to bring a much-needed solution to the market with its decentralized lending protocol. Term's...…
New York based credit card data company raised $5m in Seed funding led by Andreessen Horowitz.
“It started basically as doing a logo for transactions. It very quickly snowballed, so we discussed building a simple integration of...…
Seattle based identity verification company raised $6.3m in new funding led by BHG VC.
“We look forward to enhancing the value of our identity verification platform to the healthcare market, and ensuring we remain a trusted...…
Colorado based employee recognition and rewards platform raised $19m in Series B funding led by Ankona Capital.
“I ran Bonusly as a side project for a couple of years prior to raising a seed round, and grew the company organically until 2020 when...…
Delaware based payment intelligence infrastructure company raised $34m in Series A funding led by Arbor Ventures.
“Payment processing is fundamental to customer relationships, revenue and a business’s bottom line, but is getting more and more complex...…
UK based company monetizing individuals’ shopping data raised £1m in Seed funding led by Global Processing Services.
“With £1m and counting secured, investors have recognised the value Zipzero brings to consumers and retailers alike: our app offers a...…
Miami based trade finance platform for LatAm exporters raised $8.2m in new funding led by Arcadia Funds.
“For small and medium businesses in trade, this is important for companies creating a high level of job growth and lowering the poverty...…
UK based fleet insurance company raised $38m in Series B funding led by Octopus Ventures.
“The first product we launched was in the drone industry. It was a pay-as-you-fly drone insurance product that used drone data. And,...…
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