Posts From 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 in Series C funding. The latest fundraising round was led by Owl Capital and included the Mubadala-backed US$ 1 billion

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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 million of new funding. This latest round includes the participation of existing investors Viola Ventures, Viola Fintech and CommerzVentures, as

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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). The team aims to tackle complex investigations and prosecutions of criminal misuses of cryptocurrency, particularly crimes committed by virtual currency

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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 company’s valuation to nearly US$1.3 billion. The growth capital raised comprises a US$60 million equity round and a US$100 million

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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 US$550 million. The fundraise was co-led by Declaration Partners LP and Kinnevik AB with participation from WndrCo, FTAC Ventures, Expanding

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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 tools and a surge in venture capital (VC) investment into the region. In 2016, Latam financial services companies secured just

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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 in the United States, Australia and the UK. The programme gives consumers a flexible, ubiquitous way to pay online and

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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 to provide cross-border payments in the MENA region. The company’s MENA-based partners will be able to use M2P’s platform to

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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 best place to manage their financial lives. The new PayPal app will introduce new features including PayPal Savings, a new

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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 for small-to-medium-sized businesses (SMEs), consumers and families. Technology has brought significant benefits to businesses and individuals – improving lifestyles and

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