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BOSS Money Launches Naira Currency Payout Option for Remittances to Nigeria
Customers Sending Money to Nigeria Can Now Choose Direct Deposit in Naira or in U.S. Dollars at Nigeria’s Leading Banks BOSS Money, the money remittance service of IDT Corporation announced the introduction of naira currency remittances for its customers sending cash to friends and family through direct deposit payout at commercial banks throughout Nigeria. Latest Fintech Interview:......
Construction Fintech Startup Trunk Tools Announces Launch with $9.9 Million in Seed Funding
Startup Addresses Pervasive Skilled Labor Shortage by Incentivizing Productivity and Safety Trunk Tools, a construction-focused fintech startup that addresses the skilled labor shortage by helping workers get paid faster, announced its launch out of stealth with $9.9 million in seed funding. The oversubscribed round was led by Innovation Endeavors, with......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Redwood Credit Union Welcomes New Vice President of Mortgage Lending
Brian Kreitzer is responsible for overseeing and leading all mortgage lending activities Redwood Credit Union has hired Brian Kreitzer as vice president of mortgage lending. In his new role, Kreitzer is responsible for overseeing and leading all mortgage lending activities. This includes strategically expanding mortgage offerings to members while ensuring exceptional......
Stonepeak Announces Minority Investment from Blue Owl’s GP Strategic Capital Platform
Passive Capital Infusion to Support Continued Growth of Successful Infrastructure-Focused Firm Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, announced that Blue Owl’s GP Strategic Capital platform (formerly known as Dyal Capital), a leading capital provider for institutional alternative asset managers, has made a passive, minority......
Sigo Seguros Raises $5.1 Million in Pre-Series A Funding
Sigo Seguros, the rapidly growing insurtech company with a Spanish-first approach to providing auto insurance services for immigrant and working-class communities, announces it has raised an additional $5.1 Million in its pre-Series A funding round, co-led by Zeal Capital Partners and Listen Ventures with participation from existing investors Chingona Ventures, Revolution’s Rise of the......
Paysafe and IC Markets to Expand Payment Offering in Latin America
IC Markets’ integration with Paysafe’s API will enable multiple payment methods for traders in the region Paysafe, a leading payments platform, and International Capital Markets Pty. Ltd. (IC Markets), the world’s largest foreign exchange provider, announced an expansion of their existing partnership into Latin America. The existing payments partnership between......
Marqeta Announces Expansion Into Brazil With New Fitbank Partnership
Marqeta’s move into Brazil will allow its current global customers to expand more easily into a rapidly evolving fintech hotspot, while also opening up access to its modern card issuing platform for local Brazilian fintechs and payment innovators Marqeta, the global modern card issuing platform, announced its expansion into Brazil,......
RightRev Raises $12 Million in Funding to Help Companies Automate Revenue Recognition
RightRev, a cloud-based finance and accounting solutions provider for Revenue Recognition Automation, announced that it had raised $12 million in funding co-led by Norwest Venture Partners and Salesforce Ventures with participation from Correlation Ventures and IDEA Fund Partners. This brings the total capital raised to date to $17.6 million. “We......