Search Results for: Funds

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19
Banking Business Fintech News

Wallis Bank Provided $347.5 Million in PPP Loans for Over 3,500 Small Businesses Impacted by COVID-19

Fintech News Desk
by Fintech News Desk0
Wallis Bank announced that it has processed over 3,500 loans totaling more than $347.5 million under the Small Business Administration’s Paycheck Protection Program (PPP), helping small businesses support payroll and related costs. The average loan size was approximately $99,000 as of May 26. The PPP provides forgivable, government-guaranteed loans for the nation’s small businesses, which account......
CommonBond Announces SmartCash - Connecting Student Loan Refinance to a More Seamless Cash Experience
Banking Fintech News

CommonBond Announces SmartCash – Connecting Student Loan Refinance to a More Seamless Cash Experience

Fintech News Desk
by Fintech News Desk0
New product enables customers to integrate their student loan with a core bank account opening experience CommonBond, a leading financial technology company, announces CommonBond SmartCash –  a program that allows its customers to seamlessly open a core checking account while refinancing their student debt, enabling a more efficient and seamless......
Crypto Broker Floating Point Group Announces Support For Circle's USDC on Algorand
Cryptocurrency Fintech News Trading

MIT Crypto Startup Floating Point Group Raises $2M to Bring Prime Brokerage to Quantitative Traders

Fintech News Desk
by Fintech News Desk0
Floating Point Group (FPG) simplifies how institutional traders deploy algorithmic systems for cryptocurrency trading. Floating Point Group provides a US-regulated single-point-of-access for sophisticated trading with a suite of algorithmic execution tools. The company closed $2 million in seed funding from AngelList & MetaStable Capital founder Naval Ravikant, pif.vc, Algorand’s CEO Steve Kokinos, BoxOne Ventures,......
Pie Insurance Extends Service to Florida and Wisconsin
Capital Markets Fintech InsurTech News

Pie Insurance Raises $127 Million in Latest Financing

Fintech News Desk
by Fintech News Desk0
Small business-focused insurtech will use funds to increase growth and expand operations Pie Insurance, one of the fastest-growing insurtechs in the country, announced the closing of $127 million in new financing and capital commitments. Gallatin Point Capital joined Pie’s current investors in the capital raise, including Greycroft, SVB Capital, Aspect Ventures,......
HighRadius Launches RadiusOne A/R Suite to Automate Accounts Receivable for Midsized Businesses
Business Fintech News Risk Management Robotic Process Automation

HighRadius Launches RadiusOne A/R Suite to Automate Accounts Receivable for Midsized Businesses

Fintech News Desk
by Fintech News Desk0
With lightning-fast deployment in weeks, the solution includes automation for eInvoicing & Collections, Cash Reconciliation and Credit Risk Management HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company specializing in automating the order-to-cash and treasury management processes, announced the launch of RadiusOne A/R Suite for midsized businesses. With simpler user experience and faster......
LendingTree Introduces Password Management Service Through 1Password
Business Fintech News

LendingTree Survey of Small Business Owners Finds 46% are Concerned They Won’t Have Enough Money to Reopen

Fintech News Desk
by Fintech News Desk0
Although more businesses have seen financial support through PPP than last month, owners still worry about reduced profits amid increased safety measures Even as states and cities slowly allow more businesses to reopen, many entrepreneurs are anxious about doing so. Nearly half of small business owners worry they cannot afford......
Ren Announces the Launch of RenVM Mainnet
Blockchain Fintech News

Ren Announces the Launch of RenVM Mainnet

Fintech News Desk
by Fintech News Desk0
Interoperability for DeFi has arrived, unleashing billions of dollars in crypto assets into the Ethereum ecosystem. Ren, the open protocol that enables the permissionless and private transfer of value between any blockchain, announced that its core product, RenVM, is now live on mainnet. RenVM is the only decentralized finance (DeFi)......
Charles River IMS Named Best Order Management System in 2020 Market Choice Awards
Fintech News

Charles River IMS Named Best Order Management System in 2020 Market Choice Awards

Fintech News Desk
by Fintech News Desk0
Charles River Development, a State Street company, has won “Best Order Management System” at the 2020 Markets Choice Awards. Sponsored by MarketsMedia, the awards identify and recognize the best companies, individuals and innovation in financial markets. This year’s awards span institutional trading and technology sectors, including buy-side traders; sell-side execution......
Peruvian Banks BBVA, Interbank, and Scotiabank Launch PLIN Using YellowPepper’s Real-Time Payment Platform
Banking Fintech Mobile Banking News

Peruvian Banks BBVA, Interbank, and Scotiabank Launch PLIN Using YellowPepper’s Real-Time Payment Platform

Fintech News Desk
by Fintech News Desk0
Latin America’s FinTech Leader Continues to Innovate at Speed of Marketplace YellowPepper, the leader in Digital Financial Services in Latin America, in partnership with Peruvian banks BBVA, Interbank and Scotiabank announces its first real-time payment (RTP) platform launch in Peru, PLIN. PLIN is an innovative solution that enables the transfer......
Banking Featured Fintech Fintech Startups

Embracing Disruptions in Financial Services this 2020 and Beyond

Paroma Sen
by Paroma Sen0
Fintech has been disrupting the overall structure and competitive environment within the finance sector and related markets over the last few years, in a big way. With the worldwide spread of the Covid-19 pandemic, businesses have had to change how they function; regulatory frameworks and newer innovations and demand for......
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