Series B round co-led by Desjardins Group and US-based EPIC Ventures Funding will accelerate the rollout of Brim Financial’s full suite of digital payment products and the expansion of its rapidly growing Platform as a Service Brim Financial (Brim), a Canadian next-generation Fintech company and certified issuer, announced the close......
Autobooks, the small business payment and accounting services platform, announced that they have raised $25 million in Series B financing, led by MissionOG. The round also includes participation from other investors including Renaissance Venture Capital, Detroit Venture Partners and Draper Triangle, along with TD Bank Group. “The ability to receive payments online is vital for today’s small......
Industry Veteran Brings Deep Experience in Operations and Risk Management To The Bank’s Leadership Team Quontic, the adaptive digital bank, is pleased to announce that Raul Oseguera has been elevated to Chief Operating Officer (COO). Oseguera first joined Quontic in late 2020 as Chief Risk Officer (CRO). “Quontic is honored to have......
Payments technology leader significantly invests in market innovation, expands client base and team in Latin America Galileo, the API standard for card issuing and digital banking and a leading technology platform subsidiary of Social Finance, Inc. (SoFi), today announced the opening of a Latin America headquarters and innovation center in......
– TerraPay’s global presence now reaches 70 countries. – The Company is committed towards fostering inclusive digital mobility for all and is building a credible digital payments highway, beyond borders. TerraPay, a leading global payments infrastructure company, announced its expansion into Bank Account payments in the USA and Canada markets to facilitate digital cross......
In the last 10 years or so, global financial institutions and regulatory bodies have come together to unleash a battery of regulations for Banking, Insurance, and Micro-economies. The advancement of new technologies such as AI, Machine Learning Engineering, Big Data, Cloud and Edge Computing, Blockchain and Crypto, and low-code DevOps, have heavily disrupted the RegTech industry. This primer dives......
– Finastra publishes five-point plan to tackle algorithmic bias in consumer finance decision-making – New KPMG report, commissioned by Finastra, examines the size of global consumer lending markets and the potential impact of algorithmic bias in society – Finastra urges the financial industry to address the problem and work together......
NextCar Holding Company Inc. (NXCR), a fintech and insurtech vehicle subscription platform for dealers, automakers, and third-party listing sites, announced seven key management appointments as part of its product and technology launch and acceleration phase. “Company building starts with being able to attract and retain the best talent. Given the capital intensity......
– New research outlines changing focus – a move away from the traditional ‘relationship builder’ approach of client interaction and management – Digital transformation budgets set to increase by a third over the next five years in trade finance and cash management Research from Finastra, unveiled at its flagship (virtual) industry......