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San Francisco based startup providing online identity verification raised $3.1m in Seed funding led by Abstract Ventures.
"By giving banks the tools to manage digital identity as a new asset class and by aligning marketplace incentives to drive adoption by...…
London based crypto custodian controlled by Standard Chartered raised $36m in Series A funding led by SBI Holdings.
In the wake of SVB, this big question is what should regulators and investors do? Some might think (or hope) that SVB was an anomaly....
First Republic’s advisers are working on a private-sector solution they hope can overcome skepticism in Washington and keep the embattled...
Atlanta based automation platform for private market transactions raised $2m in Seed funding led by Counterpart Ventures.
“We’ve trained our generative AI models on thousands of venture financing documents to provide high-quality, market standard documents in...…
San Francisco based digital wallet startup raised $5.4m in Seed funding led by Bain Capital Ventures.
“That can look like the Starbucks in-app payment experience where a customer loads funds, it can also allow a merchant to fund with...…
London based digital-mortgage business raised £5m in new funding led by Lone Ventures and Harold McPike.
U.K. based alternative to mortgages raised £8m in Series A funding led by Allianz X and Augmentum Fintech.
"Due to the way that the Gradual Homeownership model works, the rising interest rates seen since September’s controversial mini-budget...…
London based provider of use-based SaaS pricing tools raised $14m in Series A funding led by Notion Capital.
“As pricing becomes a strategic priority for more software businesses, the one-size-fits-all approach looks increasingly obsolete....…
Brazil based spending management firm raised $60m in Series B funding led by GGV Capital.
“We’re only 2 years old, so we still see a ton of upside, including companies continuing to come to us every week. Just in March we were...…
Apple turned millions of iPhones into piggy banks with the launch of its new high-yield savings accounts. The savings account is unusual...
Apple has considerably more global reach and consumer trust than most banks. Is it any wonder, then, that it is slowly but surely turning...
A fintech platform looking to transform the trading of leveraged loans by doing away with phone calls launched this week, the latest in a...
A week before the Federal Reserve’s next meeting, JPMorgan Chase unveiled an artificial intelligence-powered model that aims to decipher...
Congratulations to portfolio company Axoni on their recent round of financing, which was led by EJF Ventures, with participation from...
Boston based E&S insurtech raised $4.6m in new funding led by Markd.
"E&S was the largest, most profitable, and most painful to place business in every agency/brokerage operation I have ever been involved in."
Since its founding in 2017, Axoni's client base has grown to include many of the world's leading market infrastructure companies, asset...
The SVB crisis illustrates why there’s such interest in cybersecurity startups that wade through the online muck on behalf of companies,...
Listen to ProRata's podcast here as Carlos and Nima discuss the macro trend of entrenchment away from emerging markets, whether there is...
Professors from five different universities have released a study confirming that social media contributed to the run on Silicon Valley...
Amsterdam based banking technology startup raised $4.5m in Seed funding led by Better Tomorrow Ventures.
“The banking industry has changed and continues to evolve every day. Today, consumers are looking for a seamless digital onboarding and...…
Chicago based decentralized payment for order flow protocol raised $5.5m in new funding led by Framework Ventures.
"The DFlow protocol provides sources of liquidity to retail traders that are powered by institutional market makers. Additionally, the...…
New York based debt repayment company raised $6m in new funding led by General Catalyst.
“The challenge for borrowers is that in the last year there have been more changes to student loan policy and student loan rules than...…
New York based crypto lending creditworthiness company raised $6m led by S&P Global and Coinbase Ventures.
“Credora solves the information asymmetry problem by using private computation techniques on real-time data, ensuring borrowers...…
London based carbon accounting platform raised $10m in Series A funding led by USV and Voyager Ventures.
“A lot of sources of emissions in the world are well known. If you think of refineries that have been around for 30 years, mines that...…
Coinbase took legal action against the SEC on Monday, asking a federal judge to force the regulator to share its answer on Coinbase’s...
After raising $106.3m in equity and debt in 2022, Constrafor is back with another cash infusion of $7.5m via a SAFE note, led by Motive...
Virginia based DeFi trading company raised $17m in new funding led by Polychain Capital, Hyperchain Capital and Magnus Capital.
“At Thetanuts Finance, we are dedicated to leading the way in building a thriving altcoin options market for both budding and established...…
Toronto based bear-themed Layer 1 blockchain raised $42m in new funding led by Polychain Capital.
"Say, for example, if you had ether and all of that ETH was being used to secure the Ethereum network and was also being able to be used...…
SF based savings app formerly known as Snapcommerce raised $60m in new funding led by Inovia Capital.
“Unlike other super apps, we are trying to have a theme that customers can gravitate toward, and we think savings is that theme. We are...…
TransUnion will provide traditional (off-chain) credit scores for individuals when they apply for loans on blockchain-based protocols...
At the effective time of the Reverse Stock Split, every 30 shares of the Class A Common Stock either issued and outstanding or held as...
The question for banks and other providers of financial services is how worried they should be about a tech company with 1.2b iPhone...
The approval of the EU’s Markets in Cryptoassets, or MiCA, regulation is the first time that governments have tried to supervise the...
In spite of some of the recent positive bank earnings reports, the market has already made a judgment: America’s banks are worth only...
US consumers are increasingly using such installment loans to pay for everyday items like groceries, highlighting the financial pain...
When the now-bankrupt crypto exchange FTX approached her about a $100m sponsorship deal in 2021, the pop star asked them, “Can you tell...
Australia based open banking startup for account-to-account payments raises $4.7m in Seed funding led by Morten Belling and Paul Greenberg.
Co-founder Ben Zyl, says: “We believe the payment industry is archaic and the way we pay today is clunky and outdated. People have become...…
Bixby, a provider of credit information on private syndicated loan issuers, raised $5.5m in Series A funding led by Fitch Ventures.
Shea Wallon, Managing Director, Fitch Ventures, said: "Leveraged loans are a key focus for Fitch Group. We already have a strong presence...…
Seattle based contract management and operations workflow platform raised $20m in Series B funding led by Point72 Ventures.
"Lexion provides an operations workflow platform that helps every team do more, by streamlining and centralizing the contracting process...…
The partnership provides every incarcerated individual statewide with free education from day one of their incarceration. Leveraging...
He said there's a lack of distinction or nuance in how regulators view the different arms of the cryptocurrency industry. Exchanges like...
Square this week launched Tap to Pay on Android for sellers across the U.S., Australia, Ireland, France, Spain, and the United Kingdom....
The four biggest US lenders wrote off a combined $3.4b in bad consumer loans in the first three months of 2023, a 73% increase from a...
San Francisco based lending insights company raised $3.5m in Seed funding led by BootstrapLabs.
Nicolai Wadstrom, CEO, BootstrapLabs, says: "They bring a wealth of knowledge in machine learning, data science, business & consumer...…
London based provider of short-term working capital to SMEs raised £7m in Seed funding led by Stride, Axeleo Capital and Motive Partners.
“Existing short-term finance solutions rarely fully satisfy small businesses," he says. "Yet it’s not a simple puzzle to solve. SMEs have...…
Paris based spend management startup raised €37m in Series C funding led by Orange Ventures and Portage.
“Thanks to this new round of financing, we will be able to build on the functionalities of our technology to meet the evolving needs of...…
Austin based bitcoin storage company raised $60m in Series B funding led by Valor Equity Partners.
“In the midst of market chaos, Unchained has emerged as a highly trusted provider of bitcoin custody and financial services through...…
New York based digital asset clearing and settlement startup raised $6m in growth funding led by QCP Capital and 6th Man Ventures.
"A trade with counterparty A and counterparty B doesn't necessarily affect the rest of their counterparties because they all have...…
United Kingdom based smart business account for e-commerce companies raised $6.4m in Seed funding led by Aleph and 83North.
“The community of e-commerce entrepreneurs deserves better than they're getting today,” said Noam Bernstein, Co-Founder and CEO of...…
Nevada based carbon accounting and management platform raised $16m in Series A funding led by Fifth Wall.
"We have a proven track record in providing the best near-real-time, granular data across all scopes of emissions, which business and...…
Connecticut based sales tax compliance platform for ecommerce businesses raised $20 million in growth funding led by Camber Partners.
“TaxCloud is a great fit for our portfolio: it delivers a complete tax compliance product to ecommerce businesses. It’s non-optional: if...…
Africa’s leading payments technology company, Flutterwave, has announced that Nairobi, Kenya, will serve as its regional hub in East...
The Shanghai update, also referred to at times as Shapella, enabled investors to queue up to withdraw Ether tokens they had pledged to...
The high-yield savings accounts, available in conjunction with Apple’s credit card, are one of the tech company’s latest steps into the...
London based credit card rewards startup raised £12.5m in growth funding led by Northzone and RTP Global.
Co-Founder and Yonder CEO Tim Chong says: “Securing this funding is a real achievement in the current climate, and we feel incredibly...…
Denver based consumer benefits administration startup raised $28m in growth funding led by Anthemis.
“Having worked at legacy benefits companies, Elevate’s founding team all saw what the industry lacked — flexible and scalable technology...…
Small and midsize U.S. banks lost hundreds of billions of dollars in recent weeks to their bigger peers and to money-market funds...
Payments provider Network International said it received a takeover proposal from a consortium of CVC Capital and Francisco Partners at a...
Ether rallied past $2,000 for the first time since August after a widely anticipated software upgrade to the most commercially important...
Ethereum’s Shanghai hard fork, also referred to as “Shapella,” has been finalized, enabling withdrawals for users who have “staked” their...
Ukraine based maker of an app that builds web stores raised $1m in Seed funding.
“Other platforms tend to have drag-and-drop website builder’s but these often lack promotional tools, which we believe are crucial for...…
California based corporate credit monitoring startup raised $6m in Seed funding led by Neotribe.
“The use of ratings for allocating corporate debt has historically only been privy to very large corporations.”
Decentralized layer-1 blockchain focused on trading raised $30m in new funding led by Jump Crypto.
“Our mission is to build the best infrastructure for exchanges.”
India based digital payments company raised $750m in growth funding led by General Atlantic.
earlier this year that the separation of Flipkart and PhonePe was “very analogous to eBay and PayPal, where each of them operating...…
Twitter, which is aiming to provide financial services under Elon Musk, will let its users trade stocks, cryptocurrencies and other...
The financial information giant says Bloomberg GPT, its internal AI model, can more accurately answer questions like “CEO of Citigroup...
New York based capital markets infrastructure company raised $270m in Series B funding led by Prysm Capital.
“The public U.S. securities industry, which moves trillions of dollars a day, still relies on mainframe technology from the 1980s. These...…
California based solution for RIA custodial services raises $112m in Series D funding led by Insight Partners.
“While the RIA industry has evolved rapidly over the past 20 years, the custodians serving them have not,” said Altruist CEO Jason Wenk...…
Brazil based virtual assistant for solopreneurs raised $5m in Seed funding led by Costanoa Ventures.
The money will primarily be used to hire technology professionals who will help with the continuous development of the platform.
New York based resident renewal process automation startup raised $8m in Seed funding led by Upfront Ventures.
"It is thrilling to finally share with the industry what we have been quietly working on, and perfecting, for the last couple of years."
New York based property leasing and screening platform raised $9m in Series B funding led by Fifth Wall.
“As one centralized hub for end-to-end leasing needs, the key experience of operators and renters is critical. We’re investing in what...…
New Jersey based P2P high-frequency sports betting exchange raised $10m in new funding led by MIXI.
The platform offers money line, spread and total markets for NFL, NBA, NHL, MLB, and NCAA football and basketball games, and will...…
Houston based institutional alt investing platform raised $8m in Seed funding led by Mercury Fund.
“The future of finance will depend on the ability of trustworthy institutions to provide secure and seamless transitions between...…
Younger generations, such as Gen Z (ages 18-26), are graduating college and starting their careers in a tumultuous period of inflation...
Citi expects tokenization to be the main driver in the blockchain space, one that will mobilize the entire industry into mass adoption....
Nearly 70% of parents with kids 18 or older say they’ve sacrificed their own finances to help them, according to a new Bankrate report....
Boston based generative AI research platform for investment analysts raised $3m in Pre-Seed funding led by .406 Ventures.
“In my nearly five years as an analyst at Baupost, I never felt like I had enough time to research all the companies that came across my...…
Atlanta and New York based API for insurance data raised $4m in Seed funding led by Gradient Ventures.
“In the insurance industry today, there is a lot of focus on how we use AI to improve underwriting, but connectivity is where we come...…
New York based digital financial advisory service for physicians raised $12m in Series A funding led by Hudson Structured Capital...
The company is still in the early stages of deciding whether to bring back the exchange, which allowed customers to trade digital assets...
CEO Jamie Dimon, along with Wall Street counterparts at Goldman Sachs Group Inc and Morgan Stanley, has been a strong advocate of...
The company is expanding its offering to provide real-time bank transfers. The updated service allows businesses to disburse loan...
Musk has professed his desire to make X similar to China’s WeChat, a super-app owned by Tencent Holdings used for everything from...
Walmart’s lawsuit, which was filed this week, alleges that Capital One didn’t meet certain terms of the card partnership contract....
The warning against using Microsoft-backed OpenAI's ChatGPT and similar artificial intelligence tools is due to "risks such as...
Failed crypto exchange FTX Trading lacked fundamental financial and accounting controls, stifled dissent within the company and joked...
In the March Survey of Consumer Expectations, the bank found that the share of households who said credit is harder to get versus a year...
To address the major pain points of P2P transactions, the payment network Visa is launching a new service that allows P2P payments to be...
Empire Life will tap into CapIntel’s technology to enhance the value the sales teams bring to their advisor clients through improved fund...
New York based market intelligence platform raised $3.5m in Seed funding led by JumpStart Ventures and Ivy Ventures.
“Starting with natural language processing, we very quickly realized that we could generate responses, summaries and quick insights using...…
Berlin based decentralized counterparty risk reduction company raised $22.5m in new funding led by Pantera Capital.
“This fundraise will enable the team to develop an infrastructure that, we believe, will revolutionize how institutions allocate assets...…
Detroit based real estate investment platform raised $8.25m in Series A funding led by Whitecap Venture Partners.
“The current market is a challenge for many of our customers and across the industry. Our focus is on being a good partner to sponsors on...…
South Africa based online payments firm raised $31m in new funding led by Apis.
"We continue to see significant opportunity in African payments as strong secular trends that are not related to annual business cycles -...…
Kuala Lumpur based fintech startup raised $31.5m in new funding led by Southern Capital Group.
"Soft Space claims to have seen its revenue almost double over the last two years, with its payment stack now used by more than 70...…
For those individuals that have no savings and a bad credit score, it is clear how precarious a situation can be. Investopedia has...
The face values of the two portfolios are about $27b and $87b respectively, the regulator said in a statement on Wednesday. The...
"The Big(ger) Opportunities in the Small(er) Market: What Providers Wish Advisors Knew” was one of several sessions focused on the issue,...
In 2018, innovations like national real-time payment schemes including Brazil’s Pix and India’s UPI (and soon, FedNow) were still talking...
More than $300b has poured into money market funds over the last three weeks, driving the total assets invested to over $5t. The bank...
Netherlands based cryptocurrency exchange raised $4.4m in Seed funding led by Sentillia.
"Europe needs a first-class cryptocurrency exchange which is highly secure [and] fully transparent. Having one of the largest crypto...…
The quick-response code, or QR, lets customers make payments by scanning it with their mobile phones. It’s fast, easy and cheap for...
Javice, 31, is accused of “falsely and dramatically” inflating the number of customers Frank actually had in a scheme to “fraudulently...
New York based marketing and payments platform for creators and small businesses raised $10m in Series A funding led by King River Capital.
“We already offered a link in the bio tool through the landing page builder. Now, we are introducing different kits through this Hype...…
UK based payments infrastructure company raised $100m in Series B funding led by IFC.
“Low-cost cross-border payments are critical to financial inclusion and global trade. They are building a unique global highway for...…
US based startup which provides tax-compliant hybrid crypto and cash payroll services raised $2.9m in Seed funding led by Gumi Cryptos...
Seattle based tip distribution startup raised $3.5m in new funding led by Fuse.
"The company links with point-of-sale systems to combine tips, classify them, and allocate them to the relevant staff member. It charges...…
London based private banking startup raised £5.4m in new funding led by Trifork Holding and Inacta.
"Kashet is an exceptional digital solution, combining traditional finance know-how with explosive digital expertise. It provides...…
Seychelles based crypto derivatives exchange raised $10m in new funding led by Dragonfly Capital.
"Bitget is planning to double down on expanding its product set, according to today’s announcement. It will use the $10 million capital...…
Frankfurt based open banking financial advisor raised €13m in new funding led by SCOR Ventures and PayPal Ventures.
"We have broken new ground with our financial advice products, which are based on a digital analysis of each customer's payment...…
New York based decentralized messaging protocol maker raised $120m in Series B funding led by A16z crypto.
“LayerZero is to blockchains what the internet was to computing clusters. LayerZero allows chains not only to build bridges (to transfer...…
India based digital lender raised $400m in new funding led by MUFG Bank.
“We have been one of the most active digital finance players in the country for the last few years and we intend to continue to expand...…
London based developer of tools to manage fraud, risk and compliance raised $129m in Series E funding led by GIC.
"The company’s core products are in the area of risk and compliance — for example tools to help verify user identities, detect money...…
U.K. based blockchain mortgage startup raised £6.5m in new funding led by Aviva and Sesame Bankhall Group.
“We pride ourselves on being at the forefront of innovation in financial advice, delivering a new, modern approach that simplifies the...…
Berlin based multi-chain liquidity and data gateway raised $17.5m in Series A funding led by CoinFund and Superscrypt.
"Our goal is to enable access to any token and order flow across any chain, trading on any venue, in a seamless manner that helps bring...…
San Francisco based treasury management startup raised $21.7m in Seed funding led by Sequoia India and Southeast Asia.
“Our customers, and a lot of them are startups, are not looking for a particular yield or want to speculate with the cash they have. They...…
Amsterdam based identity verification and anti-money laundering startup raised €50m in new funding led by Finch Capital.
Key to his effort, Musk has said, is putting the social-media company at the center of users’ financial lives, where Twitter users can...
The acquisition – which includes the integration of both talent and technology from Wyndham Capital – will allow SoFi to broaden its...
The acquisition is notable for a couple of reasons. For one, if the companies have managed to keep their valuations level, it would be...
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