Search Results for: COVID 19

Divvy Raises $165 Million at a $1.6 Billion Valuation
Business Fintech Investment Services News

Divvy Raises $165 Million at a $1.6 Billion Valuation

Fintech News Desk
Series D Investment will drive Divvy’s expansion beyond business expense management Divvy, a leader in spend management,  announced a $165 million funding round at a valuation of $1.6 billion. The Series D investment includes new investors Hanaco, PayPal Ventures, Whale Rock, Schonfeld, and participation from previous backers NEA, Insight Venture Partners, Acrew,......
Tavant Announces FinConnect on Salesforce AppExchange, the World's Leading Enterprise Cloud Marketplace
Fintech News

Tavant Announces FinConnect on Salesforce AppExchange, the World’s Leading Enterprise Cloud Marketplace

Fintech News Desk
Tavant’s customers can now benefit from an enhanced end-to-end digital mortgage experience Tavant announced it has launched FinConnect on Salesforce AppExchange, empowering customers to connect the internal and external systems within their mortgage ecosystems. FinConnect is a component of Tavant isAI-powered digital lending suite of products, VΞLOX, and simplifies the......
Jack Henry Reaches Milestone of 150 Banks and Credit Unions Moving Network Infrastructure to Its Hosted Network Solutions Environment
Banking Business Fintech News

Jack Henry Reaches Milestone of 150 Banks and Credit Unions Moving Network Infrastructure to Its Hosted Network Solutions Environment

Fintech News Desk
FirstBank and Innovations Credit Union among those moving to the private cloud to reduce costs, boost efficiencies and better navigate security, compliance and changing market demands Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today,......
Altshuler Shaham Selects Sapiens for the Operation and Automation of its Provident and Pension Funds
Fintech Fintech Funding InsurTech News Robotic Process Automation

Altshuler Shaham Selects Sapiens for the Operation and Automation of its Provident and Pension Funds

Fintech News Desk
Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced that it has been selected to automate and operate Altshuler Shaham’s provident and pension funds for the next three years. Altshuler Shaham, Israel’s largest investment house and fastest growing provident and pension funds, reported massive growth......
PAID-Network-Raises-_2M-in-Funding-Led-by-Alphabit-Fund-and-Master-Ventures
Blockchain Business Fintech News

PAID Network Raises $2M in Funding Led by Alphabit Fund And Master Ventures

Fintech News Desk
PAID Network (PAID) has closed a $2 Million funding round led by Alphabit Fund & Master Ventures. Other investors and partners include A195, AU21, Brilliance Ventures, Phoenix VC, and X21. PAID’s private sale has been oversubscribed, with more than $21 Million committed already. According to PAID’s spokesperson, the value of allocation......
DataLend: $7.66 Billion in Revenue Generated in Lender-to-Broker Securities Lending Market in 2020
Business Fintech News

DataLend: $7.66 Billion in Revenue Generated in Lender-to-Broker Securities Lending Market in 2020

Fintech News Desk
The global securities finance industry generated $7.66 billion in revenue for lenders in 2020, according to DataLend, the market data division of fintech EquiLend. Read More: North Lane Expands Its Corporate Sustainability Commitment Through Its Carbon Reduction Initiative The figure represents an 11.6% decrease from the $8.66 billion generated for lenders in 2019 and......
Nav Releases Free Tools To Help SMBs Navigate New Round of PPP
Fintech Investment Services News

Nav Releases Free Tools To Help SMBs Navigate New Round of PPP

Fintech News Desk
Nav launches loan calculator, easy-to-use application portal, and educational resources to help small business owners access new federal relief Nav, the simple and intelligent financing platform for small businesses, has launched a new Paycheck Protection Program (PPP) loan calculator alongside other tools and resources to help owners of small and......
Current Becomes First Mobile Bank to Launch Points Rewards
Fintech Mobile Banking News

Current Becomes First Fintech To Receive Government Stimulus Payments

Fintech News Desk
Current, a leading U.S. challenger bank serving Americans overlooked by traditional banks, announced it was the first fintech in the country to receive the second round of government stimulus payments. Read More: OWNR Announces Its Cryptocurrency Wallet Turns Into A Wholesome Ecosystem Current received the payments before 9 p.m. ET on Tuesday,......
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