Search Results for: financial inequality

Banking Fintech Mobile Banking

MoCaFi to Launch Revolutionary Banking Platform Targeting Communities Impacted by Economic Shifts

Fintech News Desk
by Fintech News Desk0
MoCaFi [Mobility Capital Finance, Inc.], a Harlem and Newark-based African American owned fintech, announces the launch of its upgraded banking platform with features and services designed to address financial inequality in Black, Hispanic, and historically disenfranchised communities. Read More: A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions......
Current Sees Record Growth as it Surpasses One Million Members; Raises Additional Funding
Banking Fintech Fintech Funding News

Current Sees Record Growth as it Surpasses One Million Members; Raises Additional Funding

Fintech News Desk
by Fintech News Desk0
Surge in essential workforce bolsters growth for the mobile bank; drives record new accounts and anticipates doubling total accounts by end of 2020 Current, a leading challenger bank serving Americans overlooked by traditional banks, announced it has surpassed one million members after record months of growth and has added new......
RentMoola Joins Forces With Fintech Giant PayPal To Disrupt The Rental Industry
Fintech InsurTech News

RentMoola Joins Forces With Fintech Giant PayPal To Disrupt The Rental Industry

Fintech News Desk
by Fintech News Desk0
Furthering its mission to empower individuals to take control over their finances, RentMoola Payment Solutions Inc. (RentMoola) is pleased to announce its new strategic alliance with PayPal Holdings. The collaboration is born out of the mutual goal of addressing financial inequality made more pronounced by the current COVID-19 crisis. Read......
Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank
Capital Markets Fintech Fintech Funding InsurTech Investment Services Mobile Banking News

Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank

Fintech News Desk
by Fintech News Desk0
Mobile banking company Varo Money, announced it has closed a $241 million USD Series D round, co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG, U2 lead singer Bono and Jeff Skoll, a global entrepreneur, impact investor and movie producer. Other new investors joining the round include......
Artificial Intelligence Banking Digital Payments Featured Finance Fintech Security

The Role of Digital Payment Platforms in Enhancing Global Economic Connectivity

Prajakta Ayade
by Prajakta Ayade0
The advent of digital payment platforms, have significantly enhanced economic connectivity and commerce across borders. These platforms have not only revolutionized the way transactions are conducted but also facilitated greater financial inclusion, streamlined cross-border trade, and fostered economic growth in previously underserved markets. As digital payment platforms continue to evolve,......
Sage Intacct Expands Its Ai-Driven AP Automation to Support Businesses Globally
Artificial Intelligence News

Sage Intacct Expands Its Ai-Driven AP Automation to Support Businesses Globally

GlobeNewswire
by GlobeNewswire0
The latest upgrades and features for Sage Intacct, extends regional-specific tax, banking and certifications Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), announces new enhancements and updates for Sage Intacct customers globally, to streamline financial operations and enhance security worldwide. As part......
Visa and Oxfam America to Explore Expanding Anticipatory Action Program to Bring Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico
Fintech News

Visa and Oxfam America Announced Intent of Partnership

Business Wire
by Business Wire0
At COP28, the organizations announced intent to scale the B-READY Project to provide preventative humanitarian assistance in four high-risk locations During the 28th United Nations Climate Change Conference (COP28), Visa (NYSE: V), a global leader in digital payments, and Oxfam America, a part of the global Oxfam organization fighting inequality to......
Impact Disclosure Taskforce Created to Scale Financing of the United Nations Sustainable Development Goals
Finance Fintech News

Impact Disclosure Task Force Created to Scale UN SDG

Business Wire
by Business Wire0
The Impact Disclosure Taskforce (the “Taskforce”) was established to promote transparency and accountability among corporates and sovereigns regarding their intentions and progress towards advancing the United Nations Sustainable Development Goals (SDGs) The guidance supports entities committed to addressing development needs and reducing global inequality to access growing pools of sustainable......
New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid
Mortgage News

New Research on AI in Mortgage Finance Identifies Opportunities to Advance Racial Equity in Homeownership, Pitfalls to Avoid

GlobeNewswire
by GlobeNewswire0
FHLBank San Francisco and Urban Institute collaboration delves into evolving role of AI in mortgage finance industry, issues recommendations for pursuing equitable outcomes The Black-white homeownership gap is wider than it was in 1960, sitting at nearly 30 percentage points, and the rapid adoption of Artificial Intelligence (AI) puts the......
Arta Finance Officially Opens to all Qualified Investors, Announces $100 Million in Member Assets
Fintech News

Arta Finance Officially Opens to all Qualified Investors, Announces $100 Million in Member Assets

PR Newswire
by PR Newswire0
After being in invite-only mode and refining the product with early members, Arta Finance  reaches milestone in member assets, hires industry leaders, and launches new AI-driven services to enable access to the same investments as the ultra-wealthy Arta Finance, a fintech company transforming the way people grow, protect and enjoy their......
1