Category : Fintech Funding

Fintech Fintech Funding News

EarnUp Receives $150,000 Grant to Provide Relief Payments to its Loan Customers Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
EarnUp, a San Francisco consumer-first financial technology platform that intelligently automates loan payment scheduling, has recently received a $150,000 grant from social-impact investor Acumen America’s COVID-19 Emergency Response Fund to provide emergency relief funds to selected EarnUp customers who were adversely impacted by the COVID-19 crisis. Read More: Doxim Announces Omnichannel Loan Origination and Account Opening......
Fintech Fintech Funding Fintech Startups Investment Services News

Finch Secures $1.8M Seed Round to Launch its All-in-One Checking and Investing Account Designed for Millennials

Fintech News Desk
by Fintech News Desk0
Finch, a fintech startup that integrates the benefits of investing and the flexibility of checking into an all-in-one account, has announced that it has raised $1.8M in seed funding to launch its platform and help transform how people manage their money. The round was led by Boston based Mendoza Ventures with participation from Barclays, Techstars Investors,......
Fintech Fintech Funding Investment Services News

Klarna Announces $650m Funding Round to Further Accelerate Global Growth

Fintech News Desk
by Fintech News Desk0
Klarna, the leading global payments and shopping service, is pleased to announce it has raised $650 million in an equity funding round, at a post money valuation of $10.65 billion, which ranks Klarna as the highest-valued private fintech in Europe and now the 4th highest worldwide. Read More: GlobalFintechSeries Interview with Clara Shih, CEO and......
Business Economy Fintech Fintech Funding News

Low-Cost Funding for Shams’ Members Through Partnership With Beehive

Fintech News Desk
by Fintech News Desk0
Sharjah Media City (Shams), the UAE’s fastest growing media free zone, and Beehive, the UAE’s first regulated peer to peer lending platform, have partnered to provide cheaper funding for small and medium sized enterprises (SMEs) in Shams. Read More: Doxim Announces Omnichannel Loan Origination and Account Opening in Partnership with Mobetize Shams......
Fintech Fintech Funding News

GreenKey Releases NLP Tool for Hedge Funds

Fintech News Desk
by Fintech News Desk0
Custom Models Enable Traders to Process Sell-Side Research in Minutes. GreenKey (GK), creator of natural language processing (NLP) workflows for sales and trading, has released its latest version of the “Focus Studio” application designed specifically for hedge funds. Focus Studio is used by bank sales teams to customize NLP on......
Fintech Funding News

The Western Union Foundation Supports International Students Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
USD $250K Commitment Will Help Meet Needs of Vulnerable International Students in Australia, Canada, France, New Zealand, the U.S. and the UK The Western Union Foundation has announced a commitment of USD $250,000 to provide aid for international students struggling to fund tuition and basic needs such as healthcare, wellness, food,......
Fintech Fintech Funding Mobile Banking News

EverCompliant Raises $35M Series B, Rebrands as EverC

Fintech News Desk
by Fintech News Desk0
EverCompliant, a global provider of Online Data Intelligence to detect and prevent Online Money Laundering (Transaction Laundering) has raised a $35 million Series B funding round to meet growing demand from banks, credit card companies, payment processors, payment facilitators, online marketplaces, and law enforcement agencies. The company has also rebranded......
Banking Fintech Fintech Funding Investment Services News

M1 Finance Doubles Assets in Six Months – Hitting $2 Billion Mark Faster Than Any Fintech in Its Class

Fintech News Desk
by Fintech News Desk0
 M1 Finance, the automated money management platform for investing, borrowing, and banking, announced it surpassed $2 billion in assets on its platform, just six months after hitting the $1 billion asset mark. Read More: GlobalFintechSeries Interview with Clara Shih, CEO and Founder at Hearsay Systems M1 reached both the $1......
Fintech Fintech Funding News

CredoLab Raises USD 7 million in Series A Investment Round Led by GBG; Plans Expansion in US and Other Markets

Fintech News Desk
by Fintech News Desk0
Behavioral credit scoring solution gives businesses an alternative score for approving “thin file” customers CredoLab, a leading developer of bank-grade digital credit scorecards based on smartphone metadata, has secured US $7 million in its Series A funding round led by GBG, the global specialist in Identity Data Intelligence. The funding will enable CredoLab......
Banking Blockchain Cryptocurrency Economy Fintech Fintech Funding News

Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform, Enabling Central Banks to Assess and Explore National Digital Currencies

Fintech News Desk
by Fintech News Desk0
With the global economy racing to embrace digital payments, central banks also are looking to the future and investigating how to support innovation while maintaining monetary policy and financial stability as they issue and distribute currency. In fact, 80 percent of central banks surveyed are engaging in some form of......
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