Month : August 2022

New Fintech Launches with $20 million in Seed Capital, $50m Warehouse to be the First to Combine Credit and International Money Transfer
Digital Wallet News

New Fintech Launches with $20 million in Seed Capital, $50Million Warehouse to be the First to Combine Credit and International Money Transfer

Fintech News Desk
Pomelo launches a new type of credit card that enables families in the US to extend their credit abroad while avoiding expensive remittance fees – an industry first Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to......
FinTech Company BigCart Partners With OpenText to Offer Companies Faster, Easier, Payment Solution
Digital Payments Fintech News

FinTech Company BigCart Partners With OpenText to Offer Companies Faster, Easier, Payment Solution

Fintech News Desk
BigCart Brings Electronic and Early Payments to the OpenText Business Network BigCart, a FinTech company that provides a broad portfolio of innovative, secure B2B electronic payment solutions, today announced a strategic partnership with OpenText (NASDAQ: OTEX), (TSX: OTEX), a leader in information management, on a globally integrated supply chain information platform for......
REPAY Expands Integrated B2B Payment Offerings with Sage
Digital Payments News

REPAY Expands Integrated B2B Payment Offerings with Sage

Fintech News Desk
REPAY’s payment platform functionality is now integrated with Sage Intacct cloud financial management software to facilitate faster, more convenient invoice payments Repay Holdings Corporation a leading provider of vertically-integrated payment solutions, announced a technology integration with Sage Intacct, enabling small to midsize businesses to accept payments and further automate their......
KyckGlobal Names Donald Boeding New CEO
Finance News

KyckGlobal Names Donald Boeding New CEO

Fintech News Desk
Move allows former CEO and founder Ashish Bahl to focus on strategic opportunities KyckGlobal, an emergent financial technology firm specializing in digital B2C disbursements, has selected payments industry veteran Donald Boeding as CEO to succeed founder, Ashish Bahl. The introduction of the new CEO is part of a strategy to further accelerate the company’s......
The Bank of London Welcomes Economy Minister to Its New Northern Ireland Headquarters
Finance News

The Bank of London Welcomes Economy Minister to Its New Northern Ireland Headquarters

Fintech News Desk
The Bank of London, the world’s first purpose-built global clearing, agency, and transaction bank, welcomed Economy Minister Gordon Lyons MLA to mark the opening of its new Northern Ireland Headquarters, based in the landmark Soloist office at Lanyon Place in Belfast. Latest Fintech News: Paytm Broadens Offline Payments Distribution, Partners with......
Needham Bank Commits $2 Million CRA Equity Investment to Reinventure Capital Fund I, LP
Banking News

Needham Bank Commits $2 Million CRA Equity Investment to Reinventure Capital Fund I, LP

Fintech News Desk
Needham Bank is pleased to announce it has committed to invest $2 million in a venture capital fund overseen by the Massachusetts-based firm Reinventure Capital (Reinventure). Latest Fintech News: Paytm Broadens Offline Payments Distribution, Partners with Samsung Stores to Deploy Smart PoS Devices and Offers Paytm Postpaid Led by pioneer impact investor Edward Dugger III, the......
Equitable Announces Acquisition of Penn Investment Advisors
Investments News

Equitable Announces Acquisition of Penn Investment Advisors

Fintech News Desk
Acquisition advances Equitable’s wealth management growth strategy Equitable, a leading financial services company and principal franchise of Equitable Holdings, Inc. announced the acquisitioni of Penn Investment Advisors, Inc. (PIA), a registered investment adviser and subsidiary of Penn Community Bank. The acquisition is expected to close in the fourth quarter of 2022. Latest......
Insurtech Ledgebrook Raises $4.2Million to Provide a Best-In-Class Quoting Experience to Wholesale Brokers
Fintech Startups InsurTech News

Insurtech Ledgebrook Raises $4.2Million to Provide a Best-In-Class Quoting Experience to Wholesale Brokers

Fintech News Desk
Ledgebrook, an insurtech MGA startup focusing on middle market E&S, has closed a $4.2M seed round led by Brand Foundry Ventures alongside American Family Ventures  Ledgebrook, a Boston-based insurtech founded in March, has announced that it raised $4.2M in seed funding to build out its operations with the goal of writing its first policies in......
Next Generation of Innovative Insurtech Companies to Join Accelerator
InsurTech News

Next Generation of Innovative Insurtech Companies to Join Accelerator

Fintech News Desk
Startup accelerator, gener8tor, and two leading organizations in the insurance space, Allianz Life Insurance Company of North America (Allianz Life) and Securian Financial, announced today the five participants of the 2022 OnRamp Insurance Accelerator: Botdoc, ForwardLane, Manifest, Nestimate and White Swan. Latest Fintech News: Interactive Brokers Expands Cryptocurrency Trading The startup......
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