Category : Banking

Banking Fintech News

Flywire Acquires Simplee to Transform Healthcare Payments Experience

Fintech News Desk
Acquisition accelerates Flywire’s multi-vertical strategy, broadens healthcare client base $120 million Series E investment round led by Goldman Sachs fuels acquisition and provides additional capital for strategic growth Flywire to accelerate investment in its payments network, platform and verticals to capture increased share of trillion-dollar global payments TAM Flywire, a......
Banking Lifestyle Mobile Banking News

FIS and PayPal Together Enable U.S. Cardholders to Redeem Loyalty Points for Purchases

Abhishek Upadhyay
FIS Global and PayPal are extending their collaboration in order to help millions of U.S. cardholders to partake in PayPal’s Pay with Rewards. Cardholders of thousands of financial firms that participate in the Premium Payback loyalty network of FIS would be able to make use of their card loyalty points......
Banking Fintech News

Nova Credit Raises $50M in Series B Funding to Improve Immigrant Access To Credit In The US

Fintech News Desk
International Credit History Expansion to Serve More Than 50% of US Immigrant Countries of Origin Nova Credit, the premier cross-border consumer credit reporting startup, announced that it raised $50 million in equity financing. Kleiner Perkins led the investment and was joined with major participation from Canapi Ventures and existing investors Index......
Banking Fintech News

ScaleFactor Announces “2.020” Vision, Including Plans to Build Marketplace for On-Demand Financial Solutions

Fintech News Desk
New executive hires will accelerate marketplace strategy ScaleFactor is expanding its offering to include a marketplace for the specialized financial needs of small businesses ScaleFactor has added Rose Punkunus, Lori Williams, Josh Lipton, and Scott Shepherd to its executive bench to help lead the marketplace push and champion the 2.020......
Banking Fintech News

MoneyGram Launches Innovative MoneyGram FastSend Service Enabling Customers to Send Money Directly to a Phone Number

Fintech News Desk
The Latest Customer Experience Innovation as Part of the Company’s Digital Transformation Significantly Simplifies the User Experience MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, announced the launch of MoneyGram FastSend, a new service through which consumers can send money quickly and easily to their......
Banking Fintech News

Aiera Raises $7M to Further Event Intelligence and Insights Platform

Fintech News Desk
Aiera is announcing that it has raised $7 million through the sale of its Series A Preferred Stock to investors led by Fin Venture Capital and including Macquarie Group, Citi Markets FinTech Investments, and Franklin Templeton. An event intelligence and insights platform founded by former Internet equity research analyst, Ken......
Banking Fintech News

EquityBee Raises $6.6M For Launching Employee Stock Options Funding Solution in the US

Fintech News Desk
Startup Employees in the US Are Losing $30b Every Year in Unexercised Stock Options, as 50% Do Not Exercise Their Stock Options. EquityBee Is Launching in the US to Enable Startup Employees to Obtain the Capital They Need to Exercise Their Stock Options.  EquityBee, the startup employees stock options funding......
Banking Fintech News

iDonate Secures $8.7M Round of Financing

Fintech News Desk
The Generosity Industry’s Leading Enterprise Digital Giving Platform Completes Capital Raise Clearing Pathway to Sector Dominance iDonate, the leading provider of digital giving systems, announced an $8.7 million funding round. The financing will allow the company to fully integrate iDonate Payments into its core platform creating a SaaS/Payments solution that supports......
Artificial Intelligence Banking Featured

AI in Banking: 7 ways AI will impact the Banking Industry

Paroma Sen
AI is shaking things up in the traditional finance and fintech industry for good. Even if you have never heard of the capabilities of AI to detect frauds and offer more enhanced customer service and overall customer experience, you will have interacted with a chatbot a.k.a. personal assistant on your......
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