Search Results for: mobile bank

Petal Closes New $200 Million Debt Facility from Victory Park Capital, Raises Additional Debt and Equity Funding
Banking Fintech Investment Services Mobile Banking News

Petal Gets $125m Debt Facility

Fintech News Desk
by Fintech News Desk0
Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has closed a new committed debt facility –totaling more than $125 million– that will enable the company to expand and support the fast-growing Petal credit card program. Read More: Aurora......
Moneycorp Names Velizar Tarashev CFO
Banking Fintech InsurTech Investment Services News Risk Management

Moneycorp Names Velizar Tarashev CFO

Fintech News Desk
by Fintech News Desk0
International fintech and payments group, moneycorp, has announced Velizar Tarashev as the new Chief Financial Officer (CFO). Read More: Aurora Mobile Partners with Taikang Life Insurance to Strengthen Smart Insurance Solutions with AI Technologies Formerly CFO at Barclays Private Bank, Velizar joins moneycorp at a pivotal time, as the company continues......
Seglan Payments Solution Provider Turns To Verimatrix For Efficient, Time-Tested Security
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Seglan Payments Solution Provider Turns To Verimatrix For Efficient, Time-Tested Security

Fintech News Desk
by Fintech News Desk0
Madrid-based provider stands as of the latest organizations to expand its use of Verimatrix technologies “Having successfully relied upon Verimatrix for other security assurances, it made sense for us to turn to Verimatrix’s mobile payment SDK that saves us time and money while also ensuring that our mobile payment customers......
Nav Helps Over 80K Small Businesses Unlock PPP Funds In Latest Round
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Nav Helps Over 80K Small Businesses Unlock PPP Funds In Latest Round

Fintech News Desk
by Fintech News Desk0
In this PPP round, Nav facilitates over $50M in loans, commits to supporting small businesses left out by traditional banking Nav, the simple and intelligent financing platform for small businesses, today announced that they’re working with more than 80,000 small businesses to unlock PPP funds and have already channeled more......
MoneyGram Announces Election of Three New Directors to the Board
Business Digital Fintech News

MoneyGram Announces Election of Three New Directors to the Board

Fintech News Desk
by Fintech News Desk0
MoneyGram elects Alka Gupta, Francisco Lorca and Julie E. Silcock, three executives with diverse experience across fintech, global payments, enterprise technology and investment banking industries MoneyGram International, Inc., today announced the election of Alka Gupta, Co-Founder of and current Director at globaliD, Inc., a venture-backed company building a portable and......
Microsoft Debuts Financial Services Cloud
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Microsoft Debuts Financial Services Cloud

Fintech News Desk
by Fintech News Desk0
Amid the relentless challenges of 2020, the wheels of the financial industry kept turning. Read More: Aurora Mobile Partners with Taikang Life Insurance to Strengthen Smart Insurance Solutions with AI Technologies At the root of it all is the historic acceleration of digital technology in the pandemic. It’s what enabled the......
Monolith Enlists First Direct and Egg Founder Mike Harris as Chairman
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Monolith Enlists First Direct and Egg Founder Mike Harris as Chairman

Fintech News Desk
by Fintech News Desk0
Monolith, the Ethereum app that’s spearheading the blockchain and cryptocurrency revolution, has recruited pre-eminent entrepreneur Mike Harris as its non-executive chairman. The fintech trailblazer will help guide the start-up’s strategy in preparing for mass adoption, continuing an illustrious career building several billion-pound companies. Speaking of the update, Harris said: “I’m......
Digital Wallets Eclipse Cash Globally At Point of Sale For First Time During Pandemic, FIS Study Finds
Business Currency Exchange Digital Fintech News

Digital Wallets Eclipse Cash Globally At Point of Sale For First Time During Pandemic, FIS Study Finds

Fintech News Desk
by Fintech News Desk0
Digital Wallets Reach Maturity: Contactless payments made using a digital wallet at the point of sale globally are growing faster than those made with physical cards. Covid’s Toll on Cash: Cash payments dropped below mobile wallet payments for in-store payments for the first time. eCommerce Expands Exponentially: The Global eCommerce market grew 19......
Early Warning Services and The Clearing House Now Enable Zelle Payments on the RTP Network
Digital Fintech Investment Services Mobile Banking News

Brazilian Fintech RecargaPay Raises $70m Series C Round

Fintech News Desk
by Fintech News Desk0
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......
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