Fintech News America

Halo Investing Bags Over US$100 Million Series C, Plans to Set up Office in the UAE

Halo Investing, a Chicago-based multi-issuer technology platform for protective investment solutions, announced that it has raised over US$ 100 million

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Embedded Finance Firm Alviere Raises US$70 Million in Funding

Alviere, a New York-based embedded finance platform offering single-integration plug and play software services, announced that it had raised US$70

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US Department of Justice Sets up National Crypto Enforcement Team

Deputy Attorney General of the United States Lisa O. Monaco announced the creation of a National Cryptocurrency Enforcement Team (NCET).

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Robo Advisor Betterment Earns Unicorn Badge With US$160 Million Series F

New York-based robo advisor Betterment announced that it has secured US$160 million during a Series F equity round, pushing the

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Insurtech Firm Sure Bags US$100 Million in Series C, Now Valued at US$550 Million

US-based insurtech Sure announced that it has raised US$100 million during a Series C funding round which values it at

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Latin America’s Fast-Evolving Fintech Regulatory Landscape

Latin America (Latam)’s fintech industry is booming, fueled by the region’s large population of unbanked, rising demand for online banking

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Mastercard Jumps on the BNPL Bandwagon, Set to Roll Out in the United States

Mastercard announced that it is set to introduce a new Buy Now, Pay Later (BNPL) offering, Mastercard Installments for its customers

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M2P Solutions and Buckzy to Provide Cross-Border Payments for MENA Partners

Middle East and Asia-based API infrastructure company M2P Solutions announced a strategic partnership with Canadian payment solutions provider Buckzy Payments

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PayPal Rolls Out New Features, Poised to Be the Next Super App

PayPal has rolled out its “super app” which is touted to be an all-in-one, personalised app that offers customers the

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Zurich Ties up With BOXX Insurance, Invests in Its Series A Fundraise

Zurich Insurance Group announced a global collaboration with Toronto-based insurtech BOXX Insurance (BOXX), which provides fully-integrated cybersecurity and insurance solutions

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Fintech Unicorns Solarisbank and Feedzai Partner for Enhanced Risk Management

Feedzai, an American cloud-based financial risk management platform, and Berlin-based Banking-as-a-Service (BaaS) platform Solarisbank announced a multi-year partnership at Money20/20 Europe.

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Entrust Signs Deal to Acquire Parisian Fintech Antelop Solutions

Entrust, an American digital security and credential issuance solutions provider, announced that it has signed a deal to acquire Antelop

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Blockdaemon Attains Unicorn Status With US$155 Million Series B

Blockchain infrastructure platform Blockdaemon announced that it has closed a Series B funding round of US$155 million with a valuation

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Coinbase to Invest US$500 Million Into Crypto Assets

American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents

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SpotOn Raises US$300 Million in Series E Funding to Acquire Appetize

SpotOn, provider of mobile payment technology and management system for restaurants and small businesses, announced US$300 million in Series E

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Payments Platform Melio Raises US$250M Series D

New York-based Israeli B2B payments platform Melio has tripled its valuation to US$4 billion with its latest fundraise of US$250

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Goldman Sachs to Acquire GreenSky for US$2.24 Billion

Goldman Sachs Group has signed a deal to acquire GreenSky, a fintech platform for home improvement consumer loan originations, in

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TransUnion Acquires Neustar for US$3.1 Billion to Enhance Digital Identity Capabilities

American consumer credit reporting agency TransUnion has signed a US3.1 billion deal to acquire Neustar, an identity resolution company, from

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Payroll Platform Papaya Global Raises US$250 Million at US$3.7 Billion Valuation

Papaya Global, a New York-based workforce management platform transforming global employment, announced that it has raised US$250 million in Series

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Canadian Startup Nuula Secures US$120 Million to Boost Service Offerings for SMEs

Nuula, a Canadian mobile application that gives small business owners instant access to critical business metrics, announced that it has

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US Crypto Custody Firm Fireblocks Sets up Swiss Office for DACH Expansion Plans

Fireblocks, a US-based platform that allows financial institutions to store, move and issue cryptocurrencies, announced that it will be opening

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Chile’s Modyo Partners Mambu to Create Cloud-Based Digital Banking Experience

Chilean fintech Modyo announced that it has signed a partnership agreement with SaaS cloud banking platform Mambu. With this partnership,

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MoneyLion to Offer Crypto Investment Ahead of SPAC Merger

US-based neobank MoneyLion announced the launch of its new cryptocurrency capabilities, enabling customers to buy and sell digital currencies within

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Global Payments Signs Deal to Acquire MineralTree for US$500 Million

Global Payments, a worldwide provider of payment technology and software solutions, announced an agreement to purchase MineralTree, a provider of

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Fintech Sector Starts Taking Shape in Panama

Although Panama is lagging behind nations such as Brazil, Mexico and Colombia, in the development of fintech, the lack of

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Neobank Varo Raises US$510 Million, Now Valued at US$2.5 Billion

US-based Neobank Varo Bank announced that it closed a US$510 million oversubscribed Series E funding round, valuing it at US$2.5

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Mastercard Bets on Crypto, Buys CipherTrace for Undisclosed Sum

Mastercard has signed a deal to acquire CipherTrace, a US-based cryptocurrency intelligence company, for an undisclosed sum to extend its

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How Jacksonville, FL, Prevails as an Emerging Fintech Powerhouse

Many cities on the West Coast of the United States burgeoned into innovation centers during the dot-com bubble. Tech hubs

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Mastercard Inks Deal to Acquire Danish Open Banking Firm Aiia

Mastercard is set to acquire Aiia, a Danish open banking technology provider, for an undisclosed sum and the transaction is

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Databricks Secures US$1.6 Billion in Series H Fundraise at US$38 Billion Valuation

Databricks, a US-based enterprise software company, announced that it has raised US$1.6 billion during a Series H funding round at

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Popular Posts

New Report Sheds Light on Booming Challenger Bank Market

The challenger bank trend first emerged in Europe and has progressively gained traction in all parts of the world. Today,

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Uber Starts with Uber Money

Uber introducing Uber Money, a team within Uber working on financial products and technologies that deliver additional value for the

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Microsoft Launches Money in Excel Personal Finance Solution

Fintech applications have given people more control over their personal finances in a myriad of ways, whether it’s paying bills,

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Top 20 Neobanks of 2020

Fintech intelligence startup WhiteSight has released its selection of 2020’s top 20 neobanks based on growth and valuation. The list

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Google Pay Plans to Offer Digital Bank Accounts

Google is expanding its plans to offer digital banking services in the United States (U.S.) by partnering with several banks

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Rapyd Expands Card Acquiring Capabilities in Europe

Rapyd, a fintech-as-a-service company, announced a major expansion of its European platform, adding end-to-end card acquiring capabilities to its payments

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Credit Suisse Starts with AccessFintech, A Global Internal Exception Network for Trade Settlement Issues

Credit Suisse announces the internal launch of AccessFintech’s trading exception management solution. Following a successful pilot, Credit Suisse has gone

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8 Undiscovered, Early Stage Fintech Startups from the US to Watch out for in 2020

Throughout the years, the US has produced some of the world’s leading fintechs including popular names such as Acorns, Affirm,

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No Fee Samsung Money Card Starts This Summer

Samsung Electronics America, unveiled Samsung Money by SoFi, a new mobile-first money management experience that brings a cash management account

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Top-Funded US Fintech Startups 2019 by State

Fintech is gaining momentum in the US with US$12.9 billion raised so far this year, as of Q3’19, already surpassing

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Top 10 Most Valuable Fintechs Across North America and Europe

PitchBook, a software-as-a-service company that delivers data, research and technology covering the private capital markets, has released its list of

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Top 5 Global Fintech Investors: From Q2 2019 to Q2 2020 and Where They Invested

Sequoia Capital, 500 Startups, Ribbit Capital, Accel and Global Founders Capital (GFC) were the five most active fintech venture capital

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