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Banking Fintech News

360 Finance’s Affiliate Has Received Regulatory Approval for its Acquisition of 30% Stake in Kincheng Bank of Tianjin

Fintech News Desk
360 Finance, Inc. (NASDAQ: QFIN) (“360 Finance” or the “Company”), a data driven, technology empowered digital platform, today announced that 360 Group, one of its affiliates, has received approval from the China Banking and Insurance Regulatory Commission to complete the acquisition of 30% stake in Kincheng Bank of Tianjin Co., Ltd. (“Kincheng Bank”).......
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LemonadeLXP Wins a 2020 Brandon Hall Group Excellence Award

Fintech News Desk
LemonadeLXP, the all-in-one learning experience platform for financial institutions, proudly celebrates its win of a Brandon Hall Group Excellence Award in the spring 2020 program. LemonadeLXP was named the winner of a bronze award in the Best Use of Games and Simulations for Learning category. Read More: GlobalFintechSeries Interview with Anand Kumar Bajaj, MD &......
Instant ID Verification Provider Berbix Raises $9 Million Series A Led by Mayfield
Fintech News

Instant ID Verification Provider Berbix Raises $9 Million Series A Led by Mayfield

Fintech News Desk
Berbix, an instant identity verification platform founded by former Airbnb Trust and Safety team members, announced a $9 million Series A round of financing led by Mayfield, with participation from existing investors including Initialized Capital, Y Combinator and Fika Ventures. Patrick Salyer, Mayfield partner, joins the board, with the capital being earmarked......
Fintech Investment Services News

Envestnet | Tamarac Named ‘Best-In-Class’ Vendor by Aite Group

Fintech News Desk
Tamarac is the Only Vendor to Achieve a ‘Best-In-Class’ Rating for its Portfolio Management & Reporting Platform in Latest Aite Matrix Report Envestnet, Inc. announces that Envestnet | Tamarac (Tamarac) has been named a “Best-In-Class” portfolio management and reporting system vendor in Aite Group’s most recent industry impact report, published in August 2020.......
SMArtX Advisory Solutions Establishes Strategic and Commercial Relationship with Morningstar Investment Management
Fintech Investment Services News

Thrivent Advisor Network Selects SMArtX Advisory Solutions to Drive New Efficiencies

Fintech News Desk
Unified Managed Accounts Technology will integrate across Thrivent Advisor Network to facilitate investment selection and management. SMArtX Advisory Solutions (“SMArtX”), a leading innovator in unified managed accounts technology and architect of the SMArtX turnkey asset management (TAMP) platform, is proud to announce Thrivent Advisor Network (TAN) has added SMArtX to......
Survey: Finance Teams Address Pandemic by Accelerating Move to the Cloud and Driving Revenue Through New Products and Services
Fintech News

BillingPlatform Fuels Business Growth Through European Market Expansion

Fintech News Desk
Strategic investments in cloud infrastructure and market-specific functionality to support European customers, helping billing leader capitalize on digital transformation trend Read More: Pitfalls To Go Through While Choosing A New Payment Processor BillingPlatform, the leading global cloud-based monetization and billing solution provider, today announced growing demand for its products and services......
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Two in Three Americans Report That the COVID-19 Pandemic has Turned Them Into a Frugal Person, According to New Survey Findings From Slickdeals

Fintech News Desk
Sixty-seven percent consider being called frugal a compliment More than half of Americans credit the COVID-19 pandemic with finally teaching them how to be smart with their money, according to a new survey commissioned by Slickdeals, the leading social platform for shopping. Read More: Hummingbird Raises $8.2M To Automate Financial Compliance Technology......
Cryptocurrency Fintech News

Celsius Network now offers up to 15.89% APY on 12 stablecoins

Fintech News Desk
The Celsius app supports twelve different stablecoins all eligible to nearly 16% annually and rewards are distributed weekly Celsius Network (https://celsius.network/), the industry-leading cryptocurrency rewards-earning platform, announces today it has increased reward rates on all stablecoins enabling customers to earn between 11.55% – 15.89% APY. Customers can earn up to 35%......
Xero revamps Starter plan to support sole traders in a rapidly changing small business economy
Business Fintech News

Xero Announces Acquisition of Waddle

Fintech News Desk
Xero announced the acquisition of Waddle, a cloud-based invoice lending platform. Waddle helps connect small businesses to invoice finance, a form of secured lending that relies on a business’s unpaid invoices(Xero). The acquisition of Waddle is an important step in the company’s strategy to grow Xero small business platform and......
PayPal launches touch-free payments in-store with iZettle's point of sale app to support UK businesses post-lockdown
Banking Business Fintech Fintech Funding News

Optus Bank Receives $50 Million in Deposit Funding from PayPal’s Economic Opportunity Fund

Fintech News Desk
Optus Bank, announced that it is the first bank to establish a relationship with PayPal as part of the payments company’s $530 million commitment to racial justice and economic opportunity. For nearly 100 years, Optus Bank has worked to dismantle structural racism and the disparities it causes by providing equal access......
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