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Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank
Capital Markets Fintech Fintech Funding InsurTech Investment Services Mobile Banking News

Varo Raises $241 Million Series D as it Moves Closer to Being the First Fintech to Become a National Bank

Fintech News Desk
Mobile banking company Varo Money, announced it has closed a $241 million USD Series D round, co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG, U2 lead singer Bono and Jeff Skoll, a global entrepreneur, impact investor and movie producer. Other new investors joining the round include......
Generali Global Assistance Honored With Two Stevie Awards at 2020 American Business Awards®
Fintech News

Generali Global Assistance Honored With Two Stevie Awards at 2020 American Business Awards®

Fintech News Desk
Generali Global Assistance (“GGA”), a leading provider of identity and cyber protection solutions in addition other assistance and insurance services, announced that its Identity and Cyber Protection Services division has been honored with two Stevie Awards, receiving a Gold award in the International Expansion category and Silver in the Customer......
New Voya Survey Finds Americans Would Rather Sanitize Their Home Than Review Personal Finances
Fintech InsurTech Investment Services News

New Voya Survey Finds Americans Would Rather Sanitize Their Home Than Review Personal Finances

Fintech News Desk
Voya Financial, announced new findings from a consumer survey, that reveals that the COVID-19 pandemic continues to influence the majority of Americans’ (89%) daily decisions, including who they see, where they go and what they do — with few individuals (31%) expecting a “return to normal” during the fall or......
GoBear Accelerates Its Transformation to Become Asia's Leading Financial Services Platform With US$17M Fundraise
Banking Fintech InsurTech News

GoBear Accelerates Its Transformation to Become Asia’s Leading Financial Services Platform With US$17M Fundraise

Fintech News Desk
GoBear, Asia’s leading financial services platform for insurance, banking and lending products – has raised US$17M from Walvis Participaties and Aegon N.V to accelerate its transformation into a full-fledged financial services platform. “To truly improve financial health in Asia we must address the approximately 300 million people in our markets that remain underserved by existing banking and insurance services. GoBear’s transformation......
AEGIS Selects expert.ai to Enhance Their Data Strategy with AI-based Natural Language Understanding
Business Fintech News

SYNNEX Corporation Completes Securitization Renewal

Fintech News Desk
SYNNEX Corporation, a leading business process services company, announced the successful renewal of its U.S. accounts receivable securitization facility. The program totals $650 million and currently has no outstanding borrowings. Read More: Abrigo Adds Transparent Artificial Intelligence Scenarios, Direct File to FinCEN to its Financial Crime Prevention Software “We believe this......
Ant Group and Intel Form Partnership to Make IT Leasing More Accessible to SMEs Through Blockchain Technology
Blockchain Business Fintech News

Ant Group and Intel Form Partnership to Make IT Leasing More Accessible to SMEs Through Blockchain Technology

Fintech News Desk
Ant Financial Services Group (“Ant Group”), an innovative technology provider, announced a cooperative effort with Intel to make it much easier and cost-effective for SMEs to lease IT equipment, leveraging the application of blockchain technology to strengthen transparency and build a system of trust. Read More: Abrigo Adds Transparent Artificial......
OppLoans Teams Up with Experian®, Steady, and BillShark Furthering its Commitment to Social Impact
Banking Fintech InsurTech News

OppLoans Applauds Newly-Released Interagency Lending Principles for Banks and Credit Unions Offering Responsible Small-Dollar Loans

Fintech News Desk
Guidance further supports the need for financial institutions to provide access to loans for the 60 million credit-challenged Americans, while protecting consumers OppLoans, a leading financial technology platform that powers banks to serve middle income, credit-challenged consumers, applauds the release of the Interagency Lending Principles on small-dollar lending by the......
Q2 to Rebrand Comprehensive Banking-as-a-Service Offering Underneath Q2 BaaS
Banking Fintech InsurTech Investment Services News

Q2 to Rebrand Comprehensive Banking-as-a-Service Offering Underneath Q2 BaaS

Fintech News Desk
Q2, a leading provider of digital transformation solutions for banking and lending, announced it is bringing its Banking-as-a-Service (“BaaS”) offering under the Q2 brand banner – as Q2 BaaS. As part of this transition, Q2 and StoneCastle dissolved their partnership, known in the market as Cambr. Read More: GlobalFintechSeries Interview......
ASSAR Selects Beyontec to Implement Platform Ecosystems for Rwanda Insurance Industry
Business Fintech InsurTech News

Clements Worldwide to Implement Beyontec Suite to Manage Its Business Operations

Fintech News Desk
Beyontec, which specializes in a wide portfolio of technology solutions for the global insurance industry, is proud to announce that Clements Worldwide will be implementing Beyontec Suite as its core insurance solution. Read More: Healthfully and Paya Deliver Expanded Patient Care and Payments Through New Partnership Beyontec Suite is a......
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