Tag : financial institutions

Mastercard and Lloyds Bank Partner on New Open Banking Checkout Solution
Banking Featured News

Mastercard and Lloyds Bank Partner on New Open Banking Checkout Solution

Fintech News Desk
by Fintech News Desk0
Lloyds Bank Commercial Banking will be utilising Mastercard’s Open Banking Merchant Payment Solution to launch PayFrom Bank. The solution enables individuals to make online payments directly from their bank accounts, giving consumers more choice over how they pay and providing merchants with instant settlement of funds United Response, a charity......
Sila Secures $13 Million in Series A Funding Led by Revolution Ventures
Digital Asset Management Digital Payments Fintech News

Sila Secures $13 Million in Series A Funding Led by Revolution Ventures

Fintech News Desk
by Fintech News Desk0
Hundreds of new customers chose Sila Money API in the last 18 months Sila, an API platform that provides payment infrastructure as a service while ensuring regulatory compliance, announced $13M in Series A funding led by Revolution Ventures, bringing total funding to over $20M. Existing investors, Madrona Venture Group, Oregon Venture Fund,......
LendKey Appoints Joe Proto to its Board of Directors
Banking Fintech News

LendKey Appoints Joe Proto to its Board of Directors

Fintech News Desk
by Fintech News Desk0
Company grows Board of Directors in concert with new banking-as-a-service innovations, lending momentum, and strong first-half financial performance LendKey, the fintech company on a mission to make lending simpler, announced the appointment of Joe Proto, EVP Senior Advisor at Mastercard, to its Board of Directors. Proto currently serves on LendKey’s......
PayPal Partners with ADL to Fight Extremism and Protect Marginalized Communities
Fintech News

PayPal Partners with ADL to Fight Extremism and Protect Marginalized Communities

Fintech News Desk
by Fintech News Desk0
Organizations will analyze and address extremist attempts to exploit financial systems and work to safeguard marginalized communities  PayPal Holdings Inc., in partnership with ADL (the Anti-Defamation League), announced a new partnership initiative to fight extremism and hate through the financial industry and across at-risk communities. This is the latest effort......
Bizongo Scales to $150 Million in Annualised Revenue; Nears Profitability
B2B E-commerce Fintech News

Bizongo Scales to $150 Million in Annualised Revenue; Nears Profitability

Fintech News Desk
by Fintech News Desk0
Records a revenue growth of 5X from pre-pandemic levels Growth for the B2B e-commerce platform for customized goods marked by strong unit economics and positive cash flow Tech-enabled B2B e-commerce platform for customized goods, Bizongo is set to turn profitable as it achieves $150 million in annualized revenue. The company’s......
SIMON Raises $100 Million in Series B Funding to Fuel Next Growth Phase for Digital Wealth Management Platform
Fintech News

SIMON Raises $100 Million in Series B Funding to Fuel Next Growth Phase for Digital Wealth Management Platform

Fintech News Desk
by Fintech News Desk0
Spun-out from Goldman Sachs in December 2018, SIMON announces capital raise led by WestCap with participation from existing investors SIMON Markets LLC (“SIMON”), a fintech company transforming the digital wealth management landscape through its leading platform for financial professionals, and which makes risk-managed and alternative investment solutions broadly available, has closed......
Thoma Bravo Announces Merger of Calypso Technology and AxiomSL
Finance Fintech News Risk Management

Thoma Bravo Announces Merger of Calypso Technology and AxiomSL

Fintech News Desk
by Fintech News Desk0
Merger creates leading platform for driving automation and simplification of end-to-end workflows for trading, treasury, risk management, and regulatory compliance Transaction Follows Closing of Thoma Bravo’s Previously Announced Acquisition of Calypso Thoma Bravo, a leading software investment firm, announced the merger of Calypso Technology Inc. (“Calypso”), a provider of cloud-enabled,......
Visa to Acquire Currencycloud
Currency Exchange Fintech News

Visa to Acquire Currencycloud

Fintech News Desk
by Fintech News Desk0
Visa announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and fintechs to provide innovative foreign exchange solutions for cross-border payments. The acquisition builds on an existing strategic partnership between the two companies and values Currencycloud at £700 million, inclusive of cash and......
Biz2x Powered “Made In India” Middleware Platform “Maadhyam” Launched For Lenders And Aggregators
Banking Digital Payments Fintech News

Biz2X Launches End-to-End API-based Platform for Loan Management “Biz2X LMS”

Fintech News Desk
by Fintech News Desk0
– Biz2X LMS is designed in an effort to enhance the speed of the loan cycle while minimizing human error. – The LMS offers a detailed portfolio of the consumer in just a single click, making the processes not only efficient but also transparent Biz2X, a leading Digital Lending SaaS platform......
Artis Closes $7 Million Series A Funding Round Led by Saluda Grade
Fintech News

Artis Closes $7 Million Series A Funding Round Led by Saluda Grade

Fintech News Desk
by Fintech News Desk0
Atlanta-based fintech startup completes Series A round in support of hiring sales and operations staff and growing the capabilities of consumer loan platform Artis Technologies, a company that powers real-time lending and payment solutions for businesses at the point of need, announced the closing of a $7 million Series A......
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