Tag : financial system

68% of Consumers Believe Racism is Present in U.S. Financial and Credit Scoring Systems: Zest AI Survey
Artificial Intelligence News

68% of Consumers Believe Racism is Present in US Financial and Credit Scoring Systems: Zest AI Survey

Fintech News Desk
by Fintech News Desk0
Findings suggest credit-reporting firms’ grip on the industry is wavering as consumers demand more accuracy, transparency, and options Zest AI, a leader in AI-powered software for underwriting, released a new study of over 1,000 consumers’ views on the financial and credit scoring systems in America. More than two-thirds of those......
EarnUp Receives $150,000 Grant to Provide Relief Payments to its Loan Customers Impacted by COVID-19
Fintech Fintech Funding News

EarnUp Closes $31 Million Series C Funding Round

Fintech News Desk
by Fintech News Desk0
Company plans to further transform the mortgage industry ecosystem through payment and data solutions EarnUp, a San Francisco-based Fintech company offering payment and data solutions for the mortgage industry, closed an oversubscribed $31 million Series C financing round. Included in this round are new strategic investors, LendingTree (NASDAQ:TREE) and KeyBank......
Stellar Development Foundation and MoneyGram Partner with Techstars to Spur Innovation on Blockchain-Based Cross-Border Payments
Digital Payments News

Stellar Development Foundation and MoneyGram Partner with Techstars to Spur Innovation on Blockchain-Based Cross-Border Payments

Fintech News Desk
by Fintech News Desk0
The creation of an early-stage startup accelerator program will focus on Latin America and building solutions for a more inclusive and accessible financial system in the region Stellar Development Foundation and MoneyGram International, Inc. announced a new partnership with Techstars, a global investment business that provides access to capital, one-on-one mentorship, and customized programming......
State Digital Fund and Knox Wire Announce Mutual Collaboration
Digital Payments News

State Digital Fund and Knox Wire Announce Mutual Collaboration

Fintech News Desk
by Fintech News Desk0
State Digital Fund (SDF) and Knox Wire announce a mutual partnership. This collaboration will power global payments for everything from large-scale business mergers to acquisitions and investments. The partnership will serve to benefit both parties by opening up global payments to clients, as well as increased opportunities for investment. SDF......
VALR.com Raises $50 Million in Africa's Largest Ever Crypto Raise
Cryptocurrency News

VALR.com Raises $50 Million in Africa’s Largest Ever Crypto Raise

Fintech News Desk
by Fintech News Desk0
VALR, a cryptocurrency exchange headquartered in South Africa, announced that it has raised $50 million (over R750 million) in Africa’s largest ever crypto funding round. This values the company at $240 million (R3.7 billion). VALR’s oversubscribed Series B equity funding round was led by Pantera Capital with participation from Alameda Research,......
Global Venture Capital Firm Flourish Expands Team and Regional Efforts
Fintech Startups Investment Services News

Global Venture Capital Firm Flourish Expands Team and Regional Efforts

Fintech News Desk
by Fintech News Desk0
New Hires Support Fintech Entrepreneurs in SE Asia, Brazil, India, and U.S. Today, venture capital firm Flourish announced that it is expanding its global investment team with four new hires and building its local presence in Singapore and Sao Paulo, Brazil. With an investment portfolio numbering 70 fintech companies that offer financial services and products to help shape......
After Senate Banking Hearing on Stablecoins, Leader in Digital B2B Payments Cautions Lawmakers that a Solution Already Exists
B2B Banking News

After Senate Banking Hearing on Stablecoins, Leader in Digital B2B Payments Cautions Lawmakers that a Solution Already Exists

Fintech News Desk
by Fintech News Desk0
In response to the U.S. Senate Committee on Banking, Housing, and Urban Affairs hearing “Examining the President’s Working Group on Financial Markets Report on Stablecoins,” Tassat Group Chairman and CEO Kevin R. Greene said: “Between today’s Senate Banking Committee hearing and last week’s hearing before the House Financial Services Committee, it is......
UNest Names Jon Walker as Company’s First President to Add Crypto to Saving & Investment Solution
Fintech News

UNest Names Jon Walker as Company’s First President to Add Crypto to Saving & Investment Solution

Fintech News Desk
by Fintech News Desk0
Appointment of serial entrepreneur and seasoned investor caps a spectacular year of growth for the leading family investment app UNest, a leading fintech company that makes it easier than ever for parents to invest in their kids’ future,  announced that Jon Walker has been appointed as President. In his role,......
COO of MoonXBT: How a Global Community-Supported Exchange Fosters Crypto Adoption
Blockchain Cryptocurrency News

COO of MoonXBT: How a Global Community-Supported Exchange Fosters Crypto Adoption

Fintech News Desk
by Fintech News Desk0
As a young exchange founded in May, 2021, MoonXBT is thriving in the global marketplace with its social trading and copy trading new features. George Lee, COO of MoonXBT, says the vision behind the exchange aligns with his own which is not only to provide a better platform for global traders but......
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