Category : Fintech Funding

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Morgan Stanley Provides $10 Million Investment For New York Forward Loan Fund

Fintech News Desk
by Fintech News Desk0
Morgan Stanley announced it will make an investment of $10 million to support the New York Forward Loan Fund, part of Governor Andrew M. Cuomo’s initiative to reinvigorate New York’s small businesses and critical non-profits. The New York Forward Loan Fund will provide sustainable capital to Community Development Financial Institution’s......
Blockchain Business Fintech Fintech Funding Fintech Startups News

JCB signs a Strategic Partnership Agreement with TECHFUND for Joint Research on Sustainable Payment System Using Blockchain

Fintech News Desk
by Fintech News Desk0
JCB Co., Ltd., a global payment network and a leading issuer and acquirer in Japan, and TECHFUND Inc., a technology accelerator promoting innovation in startups and leading companies, have signed a strategic partnership agreement to jointly research the construction of a sustainable payment system using blockchain. Based on TECHFUND’s blockchain technologies......
Featured Fintech Fintech Funding Fintech Startups

Fintech Start-up Marqeta Lands USD 150 Million in New Funding Raising Its Valuation to $4.3 Billion

Paroma Sen
by Paroma Sen0
At a time when business continuity is top-of-mind for most leaders and valuations are constantly on the downfall, global card issuing platform Marqeta announced that it has raised an additional $150 million in new capital. FT Partners, a Fintech-focused investment bank is said to have advised Marqeta on the $150......
Fintech Fintech Funding News

Curu Secures $3M in Funding as the Demand for Credit Skyrockets During the Global Pandemic

Fintech News Desk
by Fintech News Desk0
Curu, an automated lead recovery solution enabling lenders to fund more loans, announced the close of its $3M seed round led by Vestigo Ventures, a leading fintech firm based in Boston, MA. Vestigo Ventures was joined by Harlem Capital, Matchstick Ventures, Carolina Fintech Ventures, Techstars Ventures, Holt Accelerator, Chingona Ventures, and Upscale Fund. Read......
Fintech Fintech Funding News Trading

J.P. Morgan Asset Management Partners With Calastone to Power Money Market Funds

Fintech News Desk
by Fintech News Desk0
J.P. Morgan Asset Management has partnered with Calastone, the largest global funds network, to introduce new levels of automation to money market funds via its “Morgan Money” trading platform. The global leader in investment management – with assets under management of $1.9 trillion – will initially use Calastone to enhance its entire......
Business Fintech Fintech Funding News

FIS Supports U.S. States and Territories in Providing Critical Lunch Funding to Families of School-Age Children

Fintech News Desk
by Fintech News Desk0
Financial services technology leader FIS announced that it is supporting U.S. states and territories under the U.S. Government’s Families First Coronavirus Response Act (FFCRA) to deliver needed lunch and food benefits to families of school-age children who have been impacted by school closures due to the current health crisis. In addition......
Banking Business Fintech Fintech Funding News

Customers Bank Preserves Estimated 1 Million Jobs Across America; Originating over 80,000 PPP Loans; Supports Local Communities with Charitable Grants; Protects Team Members and Clients; Celebrates “Financial First Responders” Holiday

Sayali Jillewar
by Sayali Jillewar0
Customers Bank, with fintech partners, has for the past several weeks been working with thousands of small businesses to take advantage of the second round of Paycheck Protection Program (PPP) loan funding. The East Coast-based super community bank, already a national SBA/government guaranteed lending leader, expanded well beyond its geographic......
Banking Capital Markets Fintech Fintech Funding Guest Posts Trading

The Impact of COVID-19 on Broker Dealers (And Where It Hurts)

Michael Higgins
by Michael Higgins1
It has been a long and grueling 3 months since the first COVID-19 case reared its head in the United States. When the first deaths were reported, no one could have predicted the global impact it would have. Quarantine efforts in China were minimized but once the disease began to......
Fintech Fintech Funding News

LendingUSA Continues to Innovate, Launching Instant ID Verification Feature

Fintech News Desk
by Fintech News Desk0
The new technology enhances the company’s fraud detection capabilities and improves the overall application experience LendingUSA, a leading point-of-sale financing solution, announced the launch of their new instant ID verification feature, improving identity security for borrowers, and streamlining the entire loan application & funding process for merchants. Read More: How......
Fintech Fintech Funding News

DailyPay Joins The “Funding Our Future” Alliance

Fintech News Desk
by Fintech News Desk0
DailyPay, the leading fintech platform and premier provider of the daily pay benefit has joined forces with the Bipartisan Policy Center’s “Funding our Future” alliance of organizations dedicated to making a secure retirement possible for all Americans. Read More: Blockchain Valley Ventures Launches Virtual Deal Marketplace for Startup Funding DailyPay......
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