OLS Payments, an InComm Payments company, today announced a new partnership with Intelligent Clearing Network (ICN), a software-as-a-service coupon clearing company, to provide retailers with a solution addressing multiple issues related to paper coupon fraud, processing, and clearing. The solution, which is built upon existing InComm Payments technology and software......
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VC Investment in Fintech More Than Doubles in Second Half of 2020 – Expected to Remain Strong Into 2021, According to KPMG’s Pulse of Fintech
Global fintech investment was US$105 billion in 2020 – the third highest annual total ever thanks to strong VC investment throughout the year US$71.9 billion in fintech investment (M&A, PE, and VC) in H2’20, compared to US$33.4 billion seen in H1’20 US$42 billion in fintech-focused VC investment makes 2020 second......
Envestnet | MoneyGuide Launches MoneyGuideEngine – API-Based Financial Planning
Envestnet | MoneyGuide announced the launch of MoneyGuideEngine, a repertoire of financial algorithms that offer the same capabilities that power the industry’s No. 1 financial planning solution. MoneyGuideEngine is now available and accessible to any personal finance-based digital offerings. Read More: XP Inc. Acquires Riza M&A “Essentially, we are now......
Green Dot Appoints Amit Parikh to Lead Banking as a Service
Green Dot Corporation today announced Amit Parikh is joining the company as Executive Vice President of its Banking as a Service division. In this role, Parikh will lead the organization responsible for delivering end-to-end technology and program management to Green Dot’s banking as a service partners, and building innovative, seamless,......
Broadridge Launches Wealth Lending Network Marketplace
Broadridge Financial Solutions, Inc. , a global Fintech leader, has launched a Wealth Lending Network marketplace to connect wealth managers to banks and other financial services institutions. The marketplace will enable wealth managers of all sizes to offer Securities-Based Lending (SBL) services to their clients using Broadridge’s end-to-end SBL technology......
Earnix, the Leader in AI-driven Rating, Pricing and Product Personalization for Insurance and Banking, Announces $75M Growth Funding With a Pre-Money Valuation of $1B to Accelerate Its Global Expansion
Earnix, a global provider of advanced AI-driven rating, pricing, and product personalization solutions for Insurance and Banking, has announced $75M in growth funding with a pre-money valuation of $1B. The round was led by Insight Partners, with existing investors JVP, Vintage Partners and Israel Growth Partners joining the round. The......
Leading Fintech Apex Clearing Holdings to List on NYSE Through Merger With Northern Star Investment Corp. II
Apex Clearing Holdings LLC (“Apex” or the “Company”), the fintech for fintechs powering innovation and the future of digital wealth management, and Northern Star Investment Corp. II (“Northern Star”) (NYSE: NSTB), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive merger agreement. As......
BCB Group Introduces Treasury Service to Help Corporations Navigate Digital Assets
BCB Group, a global digital financial services firm, today announced the launch of BCB Treasury, a service designed for corporate treasury departments looking to get involved with digital assets. As bitcoin price sentiment remains bullish and institutional interest picks up, corporations are beginning to understand that they need digital assets......
OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation
Growth equity raised demonstrates expanding market for smarter ways to build modern applications. Abdiel Capital, Tiger Global join Goldman Sachs, KKR, Guidepost Growth Equity, and Armilar Venture Partners in recognizing unique opportunity. OutSystems, the leading modern application platform, today announced a $150 million capital raise. The round, co-led by Abdiel......
CapLinked Announces the Spinoff of TransitNet
CapLinked Inc. announces the successful spinoff of TransitNet, a technology company formed to build the world’s first title registry for cryptocurrency. The new company has also launched a financing round. CapLinked, Inc., a developer of cloud-based information control software, today announced the spinoff of its blockchain-focused software line into a......