.jpg){kind=avatar}
.jpg){kind=avatar}
San Francisco based EV payments platform raised $5m in new funding led by Y Combinator.
"From our experience installing charging stations and researching the EV user experience, we knew it was a hassle for individuals to use...…
Legal experts say that the new guidance explicitly pointed out both the benefits and risks of bank-fintech partnerships.
“Banking organizations have flexibility in their approach to assessing the risk posed by each third-party relationship and deciding the...…
Insurers are getting big bumps because they have suffered big losses. Car insurance premiums could keep increasing through the end of 2024.
“Rates need to rise probably 5 to 10 percent in each of the next couple of years, because the loss trends have gone up so much,” said...…
However, the banks would still have more than enough capital to absorb the losses, according to annual stress tests conducted by the...
Regional and midsized US banks have stepped up efforts to sell off their loan portfolios, looking to raise cash and cut their capital...
This news follows Square’s launch in April of nearly 100 features designed to offer sellers a way to enhance their revenue at a time when...
Health insurer stocks have come under pressure after UnitedHealth Group warned of higher medical costs as older Americans start to catch...
Milan based digital asset exchange raised €30m in Series A funding led by Valar Ventures.
“We will be going live shortly with what we believe to be the fastest and most scalable exchange (
Malaysia based motorcycle marketplace startup raised $2.6m in Series A funding led by Gobi Partners.
“This infusion of capital will be instrumental in fueling the next phase of growth for the company, as we spearhead the transition...…
Mountain View based SMB financial tools platform raised $3.5m in Seed funding led by Rebel Fund.
"We are so thrilled to be bringing JustPaid to market. Founders and their teams need a copilot providing a usable dashboard to make them...…
Financial services and banking see AI as an opportunity to automate massively at scale, keep up with accelerating customer expectations,...
Madrid based visual intelligence insurtech startup raised €7.5m in new funding led by Armilar.
“Based on the impressive results we have achieved and our capital efficiency given the challenging times we’re living in, it is...…
The European Union’s executive arm offered its vision for a digital euro that would facilitate payments but not serve as an investment...
The acquisition of the Brazilian payments infrastructure startup is likely one of the largest fintech M&A deals taking place...
New York based cross border shipping startup raised $36.5m in Series B funding led by QED Investors.
“I think everyone had to revise some of their [financial] projections downwards. But all in all, we feel quite happy with the business...…
Madrid based treasury management platform raised €5m in new funding led by Samaipata.
"We are taking the right steps to become our clients' financial technology ally and to be the link between them and their financial...…
Los Angeles based immigrant tax identity startup raised $8m in Seed funding led by Andreessen Horowitz.
“We’re doing much more than just providing a bank account — we’re really giving immigrants a stable and legal financial foundation from...…
San Francisco based insurance underwriting platform raised $25m in Series B funding led by Caffeinated Capital.
“We are excited to be several years ahead of the curve in applying a broad range of machine learning techniques to ensure AI makes an...…
This groundbreaking solution allows users to seamlessly and securely spend their stablecoin balance anywhere Mastercard cards are...
Asset management giant Fidelity is close to submitting its own filing for a spot bitcoin exchange-traded fund, joining a long list of...
Puerto Rico based climate insurance startup raised $6.5m in Seed extension funding led by Two Sigma Ventures.
“We look forward to pushing the limits of what’s possible and bringing our technology to more communities thanks to this new round of...…
Prague based financial crime protection startup raised $11m in Series A extension funding led by Notion Capital.
"The old methods of fighting financial crime cannot keep up and Resistant AI’s unique application of machine learning successfully...…
New Jersey based financial advisor data transparency startup raised $1.8m in Seed funding led by undisclosed investors.
“Trust, transparency, and the transactional nature of the financial services industry are the challenges that AdvisorCheck was built to...…
London based corporate banking startup raised £2.3m in Seed funding led by Lloyds Banking Group.
“We are thrilled to partner with Lloyds Banking Group on this important fundraising round. With this new funding, Fennech is...…
Denmark based flat-rate point-of-sale startup raised €15m in Series C funding led by Seed Capital.
"We believe that Flatpay will become a major European player with more than 100,000 customers within the next three to five years," said...…
Austin based e-commerce enablement startup raised $60m in Series C funding led by B. Riley Venture Capital.
"We will continue to invest in our industry-leading commerce data capabilities, which are built to address the specific inventory,...…
A new, multimillion-dollar fintech-education center in Salt Lake City is Utah’s latest bid in a multistate race to become one of the...
The market for pantry vouchers has undergone significant evolution in recent years, adapting to changes in the needs and preferences of...
Earlier this month, shares of big health insurance companies fell after UnitedHealth Group warned that healthcare utilization rates were...
The 2019 SECURE Act made it easier for unrelated small companies to participate in a common retirement plan via pooled employer plans and...
Seattle based residential real estate investing startup raised $20m in Series B funding led by LL Funds.
“Picket’s growth has been significant in the last 18 months, and the company’s ability to rapidly innovate on behalf of single-family...…
Singapore based tax-free shopping fintech startup raised $33m in Series B funding led by SC Ventures.
“The way we think about our work is that we are unbuilding new product layers on top of the existing tax-free shopping infrastructure...…
The award recognizes Sigma as a trailblazer providing innovative, mission critical risk and compliance solutions for the financial...
Crypto exchange Gemini plans to expand in Asia-Pacific (APAC), a region it sees as driving the “next wave of growth for crypto.”
The...
Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023...
Bitcoin has jumped more than 20% since the filing to more than $30,000. On Tuesday, Invesco Ltd. renewed its application for the...
Some of the United States’ largest financial firms launched an exchange for digital assets this week.
Wall Street giants Fidelity Digital...
MakerDAO, the DeFi protocol whose team is responsible for the creation of the DAI stablecoin, recently announced the completion of its...
Investment firms Invesco and WisdomTree are making more attempts to secure approval to launch spot bitcoin exchange-traded funds (ETFs)...
United Kingdom based provider of payments and identity authentification software raised $13m in new funding led by Crossfin Holdings.
"This investment will provide the necessary fuel to accelerate our growth, strengthen our global reach and potentially expand into new...…
Seattle based provider of back-office software for mental health practitioners raised $15m in Series A extension funding led by Headline.
"We’re building a solution that gives providers a bit more time and space back, both physically and emotionally, given the work that they...…
Atlanta based insurance risk exchange raised $150m in growth funding led by Barings.
“There was no city to pick where everyone worked,” he said. Up Next FDIC Insured Billions In Deposits For Sequoia, Other Top SVB Customers
The partnership will see the fintech company build a new generation of payment services on Microsoft Azure, powering payments...
As B2B eCommerce expands and business operations transform digitally — particularly across legacy industries like manufacturing and...
With 850,000 fewer births than deaths last year, at least according to the country’s official report, China joined an expanding set of...
In the glare of orange spotlights, Swan laid out her conclusion: that the innocuous products in your kitchen cupboard, bathroom cabinet...
The median age in the United States reached a record high of 38.9 in 2022, according to data released this by the Census Bureau, which is...
Fraud against the Paycheck Protection Program was widespread enough to bump up real-estate prices within certain U.S. ZIP Codes,...
Switzerland’s central bank said the government and regulators should carry out an in-depth review of rules aimed at preventing disastrous...
Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee Wednesday to discuss the state of monetary...
Singapore based community driven marketplace for liquid investments raised $2.7m in Seed funding led by Shima Capital.
“Our goal is to onboard millions to generate billions in the DeFi economy,” says CEO Bartek Pozniak.
Embedded Insurance, run by insurance-technology entrepreneur James Hall, has made multiple approaches and offered to acquire...
Seattle based healthcare billing and claims automation startup raised $16m in Seed funding led by Madrona Venture Group.
"We’re able to deliver more extensive information relevant to a task, which allows our ML models to make better conclusions and...…
London based capital markets startup enabling new cash investment strategies raised £15m in Series B funding led by Balderton.
"The most pressing problems of capital markets [are] efficient capital management, cost-effective servicing of products to...…
Congratulations to portfolio company Devron for being selected as the winner of the “Best Machine Learning Company” award in the sixth...
The new Plaid Beacon network is open to fintech companies, financial institutions of all sizes and Plaid-powered customers and...
The acquisition of X1 gets Robinhood into the credit card business with the interchange fee revenue that comes with it. Robinhood...
Financial institutions have long relied on human judgment to calibrate systems that help spot potentially risky transactions and...
Dallas based issuer of vehicle-secured credit cards raised $24m in Series A funding led by FPV Ventures.
"We want to transform the way Americans interact with financial services by building a product that can expand access to affordable...…
London based open banking startup enabling global, real-time payments raised $60m in Series B funding led by IVP.
"Testament to our progress and our vision for real-time payments everywhere, we’re thrilled to be working with our new partners at IVP,"...…
New York based debt collection software platform raised $4.4m in Seed funding led by 8VC.
"Most collection agencies are small businesses run by honest, hard-working folks who play an underappreciated yet critical role in the US...…
New Delhi based provider of specialized account solutions and payments infrastructure raised $1m in Seed funding led by 8i Ventures.
"TransBnk’s innovative tech stack is gaining traction as the gold standard for frictionless B2B transactions, strengthening our...…
Toronto based payments and rewards platform for renters raised $1.3m in Pre-Seed funding led by Crossbeam Ventures.
"Credit building is a challenge for new and young Canadians, and Chexy aims to help them without additional loans. Our users aspire to...…
Singapore based defi infrastructure project raised $9m in new funding led by Founders Fund.
"We founded Maverick to provide the critical market infrastructure required to eliminate inefficiencies from DeFi and help the industry...…
Chicago based retail-as-a-service platform raised $15m in new funding led by BAM Elevate.
"As Leap grows, our first-party data and operational efficiencies compound, resulting in advantages for both brands and landlords that...…
Top Justice Department antitrust lawyers are weighing a revamp of how they scrutinize bank mergers, complicating further consolidation...
EDX Markets, an institutional-only exchange announced in September 2022, will offer trading in four cryptocurrencies: Bitcoin, Ethereum,...
The move is part of a wider strategy to increase fee income at Deutsche Bank’s corporate bank, David Lynne, who runs the lender’s...
Los Angeles based wholesale electronics marketplace offering financing solutions raised $3.7m in Seed funding led by Right Side Capital.
"It’s almost every day we see someone getting scammed in one of these group chats where people are doing business. So we knew that a...…
Paris based billing and pricing platform for B2B SaaS companies raised €4m in Seed funding led by Index Ventures.
“There are discrepancies between pricing and the product team. Pricing is a project that companies do every couple of years...But pricing...…
Barcelona based provider of smart returns management software for e-commerce raised €8.5m in new funding led by Global Founders Capital.
"Rever stands out as an all-in-one platform that combines fintech, logistics, software, and customer service specifically designed for...…
Malawi based asset financier for solar energy and digital devices raised $14m in Series B funding led by Convergence Partners.
"The team at Yellow is thrilled to be on the multi-decade journey with the African consumer, to a better life. We have a front-row seat...…
That Mercedes in the dollar-store parking lot isn’t an illusion. High-earners joined the rest of the country in flooding discount...
PayPal and KKR announced the signing of an exclusive multi-year agreement for a €3b replenishing loan commitment under which private...
The group, led by SVB Securities CEO Jeff Leerink and backed by The Baupost Group, will acquire SVB Securities for a combination of cash,...
The U.S. Department of Labor estimates that by 2030, there could be a global shortage of 85.2 million software engineers. Shockingly,...
Luxembourg based salon management and booking platform raised €28m in Series B funding led by PeakSpan Capital.
"The majority of salons across Europe today are still being managed either without the use of technology or they have only implemented a...…
Berlin based medical administration and payment processing platform raised €15m in Series A funding led by Lakestar.
“Our goal with Nelly is to relieve medical professionals from time-consuming administrative tasks and increase their job satisfaction. We...…
San Francisco based web3 data and analytics platform raised $6m in Seed funding led by Salesforce Ventures.
.
“With the integration of Mnemonic's insights into Salesforce Web3, we can help customers make better data-driven decisions on critical...…
London based supplier payments platform raised $5.5m in new funding led by Bessemer Venture Partners.
"For too long, small business owners have been bogged down with supplier payments. We built Apron to clean up the messy invoice system,...…
The UAE continues to lead MENA in non-mega funding for start-ups, having secured more than $150m across 30 deals in 1Q'23. More than 60%...
John Hadwen of BMO Global Asset Management joined the CapIntel team on the Frontier of Finance podcast to discuss the after effects of...
Currently, when a consumer pays with a credit card that has Visa or Mastercard listed on it, merchants generally have to route the...
Stripe acquired Okay, developer of a low-code analytics software to help engineering leaders better understand how their teams are...
Unlike deposits in savings and checking accounts at federally insured banks, funds stored in many “peer to peer” apps aren’t...
Regulators are getting nervous about the risks emanating from data storage and processing platforms dominated by a handful of big...
The history of technology adoption over the past 25 years provides insight into how—and when—the Vision Pro will impact banking: After it...
The Visa Africa Fintech Accelerator will enable up to 40 startups each year to accelerate and grow through a three-month intensive...
88% of banks and lenders are capitalizing on the prevailing uncertainty to rebuild customer trust via digital transformation, according...
The long freeze on the IPO market is showing signs of thawing. Axios interviewed Morgan Stanley's global head of fintech banking...
London based crypto payments startup raised $3.8m in Seed funding led by White Star Capital.
“The way we pay for things and send/receive money in the future will involve crypto rails and bridging traditional and decentralized...…
Mountain View based web3 marketplace startup raised $5m in Seed funding led by Blockchange Ventures.
"Our work to date has demonstrated the value of — and demand for — innovation by collectors, making the expansion into other collectibles...…
The Consumer Financial Protection Bureau is due to propose in October a long-awaited rule on consumers' control of their banking data,...
San Francisco based income and employment verification platform raised $24m in new funding led by TransUnion.
“Until recently, Equifax was the only [credit reporting] bureau that had an income verification product, and they were able to maximize...…
Canada based wealth management startup raised C$17m in Series A funding led by Omers Ventures.
“We’ve built OneVest as a durable, highly scalable platform that can shape the future of wealth management. Financial institutions need...…
Miami based digital banking startup raised $9.75m in Series B funding led by Valar Ventures.
“The main thing for us is to continue following the plan and structure that we started at the beginning, which is to take a step-by-step...…
According to J.D. Power's 2023 U.S. Retail Banking Satisfaction Study, people under age 40 are looking to actively seek out in-person...
Adenza is a provider of mission-critical risk management and regulatory software to the financial services industry. The acquisition for...
London based ESG accounting startup raised $3.1m in Seed funding led by Elbow Beach Capital.
“Our vision is for Omnevue to become the go-to ‘credit bureau’ for non-financial and ESG data for the private sector."
India based digital lender raised $35m in Series E funding led by ICICI Ventures.
“The idea is really to go to segments of the market that are not served well," said Alok Mittal, Indifi’s managing director and CEO....…
London based open banking payments startup raised $6.5m in Seed funding led by Valar Ventures.
"Most fintechs these days are not fundamentally disrupting the market but are instead merely slotting themselves into the existing rails...…
Chicago based accounting and finance freelance talent marketplace startup raised $25m in Series C funding led by Top Tier Capital Partners.
“Given the continued traction we have seen within our business, the ongoing embrace of remote work and the increasing need for flexible...…
Uruguay based cross-border payments startup raised $14m in Series A funding led by PayPal Ventures.
“Cross border e-commerce is growing faster than local commerce in the last five years,” said Nocnoc CEO Ilan Bajarlia. “People are keen...…
Brazil based capital markets infrastructure startup raised $13m in Seed funding led by Valor Capital.
“Effectively, we operate as an interface between [fintech companies and finance providers],” said Gustavo Mapeli, CEO of Kanastra. “The...…
Germany based digital insurance consulting startup raised €22m in new funding led by Viewpoint Ventures.
“We’re delighted to have established Thinksurance as the partner of choice supporting distributors and insurers far and wide in...…
Boston based cloud cost management startup raised $32m in Series B funding led by Innovius Capital.
“The pandemic accelerated digital transformation for many companies, which increased software development and spend in the public cloud,...…
Indonesia based embedded finance startup raised $1m in new funding led by DSX Ventures.
“As entrepreneurs ourselves, we understand how challenging it is to build, grow, and maintain a business on its own terms. Expanding to...…
The term “global inequality,” measured by the Gini coefficient, refers to the income disparity between all citizens of the world. Global...
The SEC has responded to Coinbase after a court requested clarity from the commission and gave them a seven-day deadline.
“Coinbase erroneously contends that the Commission’s enforcement of existing legal requirements, as well as certain statements by the...…
Congress’ latest proposed crypto bill would take away the “haphazard, schizophrenic” ways of regulators that have laid down enforcement...
The Graph’s move to the popular layer-2 was initiated by network participants in an attempt to lower gas fees, accelerate transactions,...
EigenLayer is designed to extend Ethereum security to software modules such as bridges, oracle networks and consensus mechanisms by...
BOCI, an investment arm of the Bank of China, issued tokenized notes in Hong Kong, marking the first time that a financial institution in...
We are very pleased to announce FinTech Collective’s investment in Termii, a Lagos based Communications Platform as-a-service (CPaaS)...
A summer that has already seen water crises and wildfire smoke is rapidly becoming an inflection point in the pitched battle between...
Amsterdam based insurance startup for small and medium-sized enterprises raised $10.7m in growth funding led by Munich Re Ventures.
“As an entrepreneur myself, I have experienced first-hand how SMEs are underserved when it comes to business insurance, with many legacy...…
Paris based business planning software company raised $88m in Series C funding led by Iconiq Growth.
“The next step, which is going to be absolutely magical, is optimized business scenarios...Humans have to be there to keep all the...…
The employees of all companies that have a Citibanamex payroll account will soon be able to access Minu's salary advance solution. In...
Canada is on track to experience its worst-ever wildfire season, with more than 400 active wildfires currently burning across nearly all...
The lawsuits are significant moves by the SEC and Chair Gary Gensler to try to regulate the entire crypto industry. The SEC’s strategy...
Congratulations to portfolio companies Plaid and Vestwell for being named to Forbes' Fintech 50 for 2023. The Fintech 50, in its eighth...
Antler has made a name for itself with its rather trusting method of investing in founders without actually knowing what they’re...
San Francisco based developer of pricing management software for enterprise SaaS sales raised $2.7m in Pre-Seed round led by 468 Capital.
“We’re helping companies make better pricing decisions and provide customized offers to their customers using the data from across the...…
Centrifuge launched Centrifuge Prime, a comprehensive suite of services and technologies that helps DeFi-native organizations — like...
New York based financing platform designed for brick-and-mortar businesses raised $4.35m in funding led by Floating Point.
“We want to create this gold standard of what underwriting looks like for brick-and-mortar, and we have the unique opportunity to do...…
Stockholm-based digital trade financing platform raised $11m in new funding from undisclosed investors.
“The lack of connectivity is trade finance’s biggest cost,” said Mitigram’s Interim CEO Malin Bäcklund. “Around 4 billion paper documents...…
London based Banking-as-a-Service platform raised $13.5m in Series A funding led by MassMutual Ventures.
"This funding round not only validates our mission and strategy but also equips us with the resources to continue to deliver our...…
Germany based OS for payment flows raised $14m in a Seed extension led by EQT Ventures.
"Enterprise customers require a high quality, reliable payments product that can manage complex money flows, increasingly in a...…
Bermuda based digital asset-denominated life insurance provider raised $19m across two Seed rounds led by Sam Altman, Lachy Groom, and...
California based strategic finance platform enabling real-time planning and analytics raised $26m in Series C funding led by OMERs...
The service, known as Adaptive Checkout, offers biweekly and monthly payment options for purchases of more than $50 with annual...
Some of the finance industry’s best-known names are building their own digital markets trading platforms, betting that fund managers will...
California based payments platform offering instant and secure cross-border transactions raised $17m in growth funding led by Eric Schmidt.
“With Keeta, we want to make international payments as easy as Venmo. We want to make it very simple, very fast and we want to send your...…
Singapore based global B2B payment infrastructure platform raised $60m in Series C funding led by Marshall Wace.
“We want to challenge the status quo in global payments. Our ambition is to provide everyone – businesses, entrepreneurs or individuals –...…
’s stablecoin has recovered all of the roughly $20 billion in market value it lost following the collapse of...
DeFi assets represent a combined market capitalization of $48.5B after gaining more than 5% over the past three days (concluding May...
The subsidiary of Europe’s largest telco will provide staking and validation services.
Polygon, a top Ethereum scaling team, announced...
Memecoin mania is driving a record number of people to trade on decentralized exchanges, with more than half a million users transacting...
Coinbase will launch new bitcoin and ether futures contracts next week, which the company says will offer lower fees for investors.
As the details of the agreement reached between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling were made...
A2A payments (often called ‘Pay By Bank’) is a fast and secure way to move money between bank accounts. Open banking-powered A2A payments...
Global insurers are facing a challenging 2023 as reinsurers hike rates on key business lines by as much as 200% from Jan. 1. The...
Decisions by two major insurers to stop offering new homeowner's policies in California highlight the growing portion of America that's...
The SEC said that Binance and Zhao misused customers’ funds and diverted them to a trading entity that Zhao controlled. That trading...
Origin, which built a financial wellness app for employers to help employees, has acquired financial education startup Finny. With the...
Tougher rules were already on the way for the biggest lenders before the March failures of Silicon Valley Bank and another bank sent...
Nigeria based provider of telemedicine and loans to health care facilities raised $30m in Series B funding led by AXA IM Alts.
“In the process of covering the full breadth of health facilities with our HeliumOS product, one of the deep challenges we found out was...…
New York-based Gusto, which provides payroll services to 300,000 businesses, has teamed with Vestwell to provide retirement plan services...
Online banks have managed to pull off what has become a tall order in 2023: They brought in more deposits than they lost. Online-focused...
Previously, Stripe-issued cards could only be used to spend money from a prefunded account. Its expansion into charge cards will give...
Partner Path is a podcast that dives into the venture capital and growth equity ecosystem through a younger perspective. In this episode,...
In 2022 we invested in Sabi, a Nigerian B2B marketplace. Since then, the company has maintained a laser focus on unit economics while...
The real-time payments system’s transaction count hit 9.41b in May, up 58% year over year, the National Payments Corporation of India
Venture capital funds, private equity groups and accountancy firms are using the latest artificial intelligence to pick acquisition...
The sector could expand at a rate of 42% over ten years — driven first by the demand for infrastructure necessary to train AI systems and...
New York based alternative investment platform raised $10m in Series A funding led by Crosslink Capital and Left Lane Capital.
"The company offers a scalable SaaS open architecture platform technology that allows for all functionality to be set up once and used...…
Netherlands based app for SMEs to receive payments directly on their phones raised €2.1m in Preseed funding led by Antler and Global...
Canada based online bank for SMBs raised $3.7m in Seed funding led by Gradient Ventures and Fin Capital.
“In Canada, there are five big banks, so many business owners have to deal with antiquated processes such as going to a branch to make a...…
India based loyalty management and customer engagement SaaS raised $45m in Series B funding led by Avataar Ventures.
“The way most of our competitors in the U.S. and elsewhere have built in as like a services business where customers ask you something,...…
San Diego based provider of real estate portfolio management software raised $93m in Series D funding led by Energy Impact Partners.
Overall, 18% of U.S. adults have heard a lot about ChatGPT, while 39% have heard a little and 42% have heard nothing at all. But there...
Over the past decade, Plaid’s digital pipes have enabled 1 in every 3 people with a US bank account to connect it to the app or service...
Embroker this week introduced its new malpractice and cyber bundle for law firms. This bundle - its first vertical offering built on the...
Hong Kong police recently launched CyberDefender, a metaverse platform designed to raise public awareness about the risks and...
Monzo reported net operating income of £214.5 million ($266.1 million) in the year ending February 2023, almost doubling its results...
Once Europe’s most valuable private tech company, Klarna said on Friday that its net losses narrowed to SKr1.3bn ($120mn) in the quarter...
Globally, some $50t in assets are currently held in retirement plans, money that pension funds are tasked with growing. As it stands, a...
Some of the finance industry’s best-known names are building their own digital markets trading platforms, betting that fund managers will...
The AI revolution is unfolding on Wall Street as wider interest grows in the evolving technology and its likely impact on business. At...
The multi-year collaboration, announced this week makes Affirm’s Adaptive Checkout offering available to eligible Worldpay merchants,...
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