Posts From Fintech News America

TransUnion Taps Spring Labs to Bring Credit Data to Public Blockchain Networks

Blockchain-based data-sharing platform Spring Labs announced that is bringing TransUnion’s identity and credit data on-chain to help accelerate Web 3 and DeFi adoption. The off-chain credit data from TransUnion, a global information and insights company, will be made available on

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MoneyGram Announces Minority Investment into Coinme

MoneyGram International announced that they have completed a strategic minority investment in Coinme, a cryptocurrency cash exchange in the U.S. This venture, which gives the Company an approximate 4% ownership stake in Coinme, closes out Coinme’s Series A financing round

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Checkout.com Appoints Meta’s Former Exec Meron Colbeci as New CPO

Checkout.com has announced the appointment of Meron Colbeci as its Chief Product Officer. Colbeci is the former head of consumer product management at Meta’s fintech product group Novi, and was a senior product leader at SoFi and PayPal as well,

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Thoma Bravo Takes Bottomline Private in US$2.6 Billion Acquisition Deal

Software investment firm Thoma Bravo has inked a deal to acquire payment and invoice management platform Bottomline Technologies in an all-cash transaction for approximately US$2.6 billion. Under the terms of the agreement, Bottomline shareholders will receive $57.00 per share in

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Mexican Fintech Clara Clinches Unicorn Status With US$70 Million Series B

Mexico City-based end-to-end corporate spend management solution Clara has secured US$70 million in a Series B equity financing round. The round was led by Coatue, and takes Clara’s valuation to US$1 billion. With the Series B, Clara has become the

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90% Of North American Consumers Manage Money Through Financial Apps: Report

Mastercard released a new report today, The Rise of Open Banking, demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences. The report found more than 80% of consumers in the US – and 90% of younger

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Klarna and GoCardless to Power Bank Debit Payments in the US

Global buy now pay later (BNPL) solution provider Klarna has partnered with UK-headquartered account-to-account payments solution provider GoCardless. The partnership will enable Klarna to provide bank debit payments to over 21 million US customers, a statement from Klarna said. More

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Visa Invests in LATAM Open Finance Platform Belvo’s US$43 Million Series A

Visa has invested in Mexico City-headquartered open finance API platform Belvo through its US$43 million Series A. The two companies have also signed a strategic partnership to jointly develop open finance solutions in Latin America, a statement from Belvo said.

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B2B Cashflow Solutions Provider Tradeshift Fetches US$200 Million

San Francisco-headquartered B2B e-invoicing and accounts payable automation company Tradeshift has raised over US$200 million in funding from existing and new investors. Tradeshift raised the funding, which includes debt, from Koch Industries, as well as IDC Ventures, LUN Partners, Private

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Tiger Global Leads US$60 Million Series B for Blockchain Firm TRM Labs

US blockchain intelligence company TRM Labs has raised US$60 million in a Series B funding round. Tiger Global was the lead investor in the Series B, according to a statement. The round also saw participation from American Express’ Amex Ventures,

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