Search Results for: banking and financial services

FinTech Collateral Velocity Closes Investment Round
Fintech Investment Services News

FinTech Collateral Velocity Closes Investment Round

Fintech News Desk
by Fintech News Desk0
 Partners with Hospital Revenue Cycle Leader PMMC Collateral Velocity, Inc., a fintech that provides certain and immediate low-cost liquidity for healthcare organizations while improving banking relationships, revenues and relevance, announced it has closed an investment round and partnered with PMMC. “The collaboration with PMMC accelerates our provider payment funding capabilities......
Klarna CEO Challenges Tech to Focus on Global Sustainability in $1 Billion Funding Round
Banking Fintech News

Klarna CEO Challenges Tech to Focus on Global Sustainability in $1 Billion Funding Round

Fintech News Desk
by Fintech News Desk0
Klarna, a leading global retail bank, payments and shopping service, announced it has secured $1 billion USD in an equity funding round to accelerate international expansion and further capture global retail growth. The 4x oversubscribed round included a combination of new and existing investors and closed at a post-money valuation of $31......
Brazilian Fintech RecargaPay Raises $70 Million Series C Round
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Brazilian Fintech RecargaPay Raises $70 Million Series C Round

Fintech News Desk
by Fintech News Desk0
IDC Ventures and Fuel Venture Capital co-led the round RecargaPay, Brazil’s largest payments and mobile money ecosystem, has raised $70 million to further enhance its all-inclusive payment platform, democratizing access to digital financial services for millions of new users. Currently EBITDA positive and with a revenue run rate of over USD$50 million, RecargaPay has raised over $100 million to date.......
Zelle Comes To The RTP Network
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Zelle Comes To The RTP Network

Fintech News Desk
by Fintech News Desk0
Early Warning Services, LLC and The Clearing House (TCH) today announced Zelle® transactions can now be cleared and settled over the RTP® network. Read More: The Rise of Chinese Mobile Payment Apps “Demand for faster payments has never been higher, and today’s integration milestone eliminates lengthy and costly legacy processes that......
Central 1 Announces Change In Leadership
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Central 1 Announces Change In Leadership

Fintech News Desk
by Fintech News Desk0
Sheila Vokey Appointed Interim CEO Central 1 announced that Mark Blucher has stepped down as President and CEO of Central 1 Credit Union to pursue a different future. Sheila Vokey has been appointed interim President and CEO, effective immediately, while the Board of Directors undertakes an executive search process to......
CEC Bank Accelerates Digitalization Using Low-Code Platform From Aurachain
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CEC Bank Accelerates Digitalization Using Low-Code Platform From Aurachain

Fintech News Desk
by Fintech News Desk0
CEC Bank accelerates digitalization and modernization. CEC Bank will use low-code platform developed by Aurachain to automatize part of the bank activities, in a fast and cost efficient manner. Read More: Atreyu Announces The FLIRT API: Connecting Co-located And Cloud Based Trading Applications To The US Trading Markets Low-code technology allows the development of......
Accounting Workflow Automation Platform, Docyt, Raises $1.5 Million
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Accounting Workflow Automation Platform, Docyt, Raises $1.5 Million

Fintech News Desk
by Fintech News Desk0
First Rays Venture Partners leads over-subscribed seed-extension round. Today, Docyt, an accounting automation software platform that transforms bookkeeping for small-and-medium-sized businesses announces a $1.5 million seed-extension led by First Rays Venture Partners with participation from Morado Ventures and angel investors. Read More: Comviva Introduces Digital Services Delivery Platform for Banking Industry......
Treasury Prime Partners with Marqeta, Bringing Modern Card Issuing to its BaaS Platform
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Treasury Prime Partners with Marqeta, Bringing Modern Card Issuing to its BaaS Platform

Fintech News Desk
by Fintech News Desk0
Adds Instant Card Testing Capabilities to Treasury Prime Developer Portal Treasury Prime, the leading Banking as a Service (BaaS) company, announced today that it has partnered with Marqeta, the global modern card issuing platform, to bring Marqeta’s modern card issuing capabilities to the Treasury Prime API. For the first time, fintechs......
Step Surpasses One Million Users In Less Than Four Months
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Step Surpasses One Million Users In Less Than Four Months

Fintech News Desk
by Fintech News Desk0
Closes new venture debt facility; welcomes Alex Rodriguez and Josh Richards to the #StepFam Step, the new modern-day financial services company built for teens and families, today announced it has crossed one million users. A first of its kind, Step offers users the ability to build credit before they turn......
Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World's First Bank-Issued Deposit-Based Digital Currency
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Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World’s First Bank-Issued Deposit-Based Digital Currency

Fintech News Desk
by Fintech News Desk0
Toronto-based Stablecorp is partnering with a consortium of highly strategic investors led by Canadian Schedule 1 Bank VersaBank, DV Private Investments, Borderless Capital and a major U.S. Bitcoin financial services firm. These new consortium members will join existing strategic investors 3iQ and Mavennet to launch VCAD and catalyze growth of......
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