Month : March 2023

SoFi Checking and Savings to Offer Access to Up to $2 Million in FDIC Insurance
Finance InsurTech News

SoFi Checking and Savings to Offer Access to Up to $2 Million in FDIC Insurance

Business Wire
SoFi Will Increase Available FDIC Insurance Coverage from $250K to $2M via participation in the New SoFi FDIC Insurance Network SoFi Technologies, Inc., the digital personal finance company, announced that its SoFi Checking and Savings members will be able to protect their deposits with access to up to $2 million......
CIBC Innovation Banking Provides $40 Million in Growth Capital Financing to Viz.ai
Artificial Intelligence Banking News

CIBC Innovation Banking Provides $40 Million in Growth Capital Financing to Viz.ai

Business Wire
CIBC Innovation Banking announced that it has provided $40 million in growth capital financing to Viz.ai to expand the San Francisco-based company’s AI-powered care coordination platform and fuel its expansion, including potential acquisitions. “Today, Viz.ai serves a patient every 21 seconds across more than 1,300 hospitals. With CIBC Innovation Banking’s......
Adeptia Announces $65 Million Strategic Growth Investment Led By PSG
B2B Investment Services News

Adeptia Announces $65 Million Strategic Growth Investment Led By PSG

Business Wire
Company Taps Experienced Industry Veterans Vance Loiselle as CEO and Paul Moriarity as CRO Adeptia, a leader in B2B data integration and business data exchange, announced a $65 million strategic growth investment round led by PSG, a leading growth equity firm partnering with software and technology-enabled services companies to help......
Cross River and Pay.com Partner to Create All-Inclusive Payments Platform for Businesses
Digital Payments News

Cross River and Pay.com Partner to Create All-Inclusive Payments Platform for Businesses

Business Wire
Cross River’s market-leading embedded solutions and customizable APIs power Pay.com’s international expansion Cross River Bank, a leading technology infrastructure provider that offers embedded financial solutions, announced a new partnership with U.K. based Pay.com. This partnership will enhance and expand Pay.com’s automated payment platform into the U.S. and drive additional growth......
Dealroom and RockawayX Publish 2023 Report on the State of European Crypto Company Funding
Cryptocurrency Fintech Funding News

Dealroom and RockawayX Publish 2023 Report on the State of European Crypto Company Funding

Business Wire
The report details crypto VC funding trends in Europe RockawayX (a venture capital firm backing leading Web3 projects) and Dealroom published its State of European Crypto Funding report. “The crypto market has been defined by 4-year cycles. During the 2018 crypto winter, the total digital asset market cap fell by 80%,......
L3COS Launches Decentralized Digital Assets Exchange & Marketplace Featuring 100% Liquid Tokenized Deposits Safeguarded by Central Banks
Blockchain News

L3COS Launches Decentralized Digital Assets Exchange & Marketplace Featuring 100% Liquid Tokenized Deposits Safeguarded by Central Banks

PR Newswire
L3COS, a blockchain based operating system, is pleased to announce the launch of its decentralized exchange in April 2023. The exchange is L3COS’ first product to market made possible through proprietary Fiat-on-Chainâ„¢ (FoC) technology aiming to bridge the gap between traditional banking rails and a DEFI environment. Latest Fintech News: Piper......
Solutions by Text Announces Integrated Partnership with AKUVO
Compliance management Fintech News

Solutions by Text Announces Integrated Partnership with AKUVO

PR Newswire
Partnership will enhance consumer collections with conversational messaging capabilities for banks and credit unions  Solutions by Text, a compliance-first provider of enterprise text messaging solutions focused on consumer financial services, announced an integrated partnership with AKUVO, creator of Aperture, a cloud-based collections platform. The partnership will enable AKUVO’s community of......
Kaspersky Survey Finds One in Three Users Have Experienced Crypto Theft; Average Loss Is $97,583
Cryptocurrency News

Kaspersky Survey Finds One in Three Users Have Experienced Crypto Theft; Average Loss Is $97,583

PR Newswire
Kaspersky has released new survey results showing that one third of crypto owners in the U.S. have experienced theft of their currency or other assets, at an average cost of $97,583. This, and other findings, are part of a new report, “Crypto Threats 2023,” based on a survey of 2,000 American adults in October 2022. Crypto......
B2B Digital Finance News

Lexcheck And Linksquares Have Announced A Cooperation To Speed Up Deal Flow.

Fintech Staff Writer
Today, LinkSquares, the creator of the go-to AI-powered contract management platform, and LexCheck, the top contract acceleration platform, announced a collaboration. They work together to provide a straightforward, integrated, and more effective approach to boost deal velocity. In order to help businesses speed up the full contract lifecycle from inception......
B2B Digital News Technology

A Bank In Ohio Will Use Teslar Software To Digitize Lending And Support Growth.

Fintech Staff Writer
Teslar Software and Merchants National Bank today announced their collaboration to automate manual chores and support the bank’s strategic growth initiatives while streamlining the bank’s lending procedures. Commercial, real estate, and agricultural loans are all available through Merchants National Bank’s extensive loan portfolio. Using Teslar, the bank will have more......
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