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Osome Raises US$3m in Funding from XA Network and AltaIR Capital

Fintech News Desk
 The accounting and corporate compliance super app will use funds to further develop its engineering, product development, and marketing Osome, a growing super app in the accounting and corporate compliance space, has raised US$3 million in funding by XA Network and AltaIR Capital.  Read More: New Study Finds 70% of......
TransUnion Unveils Simpler Income and Employment Verification Process
Fintech News

TransUnion Unveils Simpler Income and Employment Verification Process

Fintech News Desk
Real-time data improves lending decisions and reduces consumer burden TransUnion unveiled its new seamless and real-time service for lenders and other businesses to access verified income and employment data. Read More: SBLI Increases Coverage to $750K for All Risk Classes With Contactless Digital Underwriting Process Risk decisions often require verifying......
Boom Commerce Completes Strategic Investment in POS Technology Leader Ovvi
Fintech Investment Services News

Boom Commerce Completes Strategic Investment in POS Technology Leader Ovvi

Fintech News Desk
Partnership cements Boom and Ovvi’s positions atop the integrated payments and POS industries Boom Commerce, leading provider of electronic payment processing products and services, has announced a strategic investment in top point-of-sale (POS) technology company, Ovvi (formerly POSsible POS). Read More: ApexEdge Launches Actionable Intelligence Enablement Platform that Generates Profitable......
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A Few (More!) Noteworthy Women in Global FinTech (Part 2!)

Tanika Mehrotra
Financial institutions are not only transforming in terms of technology, but are also promoting diversity and inclusion in the fintech segment. Here are some more successful women, who are making the best of this segment with their innovative fintech-leadership skills. Read More: GlobalFintechSeries Interview with Dr. Daniel Diemers, Board Member......
Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study
Business Fintech News

Costs Exceed Revenue for Many Latino-Owned Businesses Since The COVID-19 Pandemic Began, According to Biz2Credit’s Annual Study

Fintech News Desk
Before the coronavirus pandemic hit, revenue growth of Latino-owned companies was up 10% over last year, but like most other businesses in America, their fortunes have declined dramatically since March, according to the annual Biz2Credit Latino-Owned Business Study for 2020. Read More: Black Knight Delivers a Major Enhancement to Its CompassPoint Pool......
Clair, a Social-impact Fintech Raises $4.5m Seed Round to Disrupt the Payday Lending Industry by Providing Free Instant Pay to Hourly and Gig Workers
Fintech News

Clair, a Social-impact Fintech Raises $4.5m Seed Round to Disrupt the Payday Lending Industry by Providing Free Instant Pay to Hourly and Gig Workers

Fintech News Desk
Clair, an early stage fintech startup based in New York City, wants America’s 82 million hourly workers and 57 million gig workers to get paid as quickly as Uber pays their drivers today: instantly. Today, Clair announced a $4.5 million seed round led by Upfront Ventures, with participation from Founder Collective and Walkabout Ventures.......
OnTheClock Rolls Out Marketplace for Accountants to Feature Their Businesses for Free
Business Fintech News

OnTheClock Rolls Out Marketplace for Accountants to Feature Their Businesses for Free

Fintech News Desk
As the software company OnTheClock continues to grow their customer-base, they are constantly looking for opportunities to help these customers. The latest addition to their employee time tracking system is a specifically designed marketplace for accountants. The Accountant Marketplace provides OnTheClock users with a solution to find a trusted accountant to help......
Banking Business Fintech Fintech Funding News

Small Business Loan Approval Rates at Banks Fell Again in September 2020: Biz2Credit Small Business Lending Indexâ„¢

Fintech News Desk
Small Businesses in Limbo Awaiting PPP Loan Forgiveness  Small business loan approval percentages at big banks ($10 billion+ in assets) dropped slightly from 13.6% in August to 13.5% in September, indicative of the struggles that small businesses are facing, according to the latest Biz2Credit Small Business Lending Index™ released today. The Biz2Credit Small Business Lending Index figures do not reflect......
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