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Banks Battle with New Competitive Advantages
What happens after the newest cutting-edge banking technologies become table stakes? Banks move on to tackle another new technology. In fact, in the past decade or so, banks have been constantly...
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eToro To Go Public in $10 Billion SPAC
Social trading and investment marketplace eToro announced today that it is making the leap to go public. In true 2021 style, however, the Israel-based company isn’t pursuing an IPO. Instead, eToro is...
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Flutterwave and PayPal Partner to Empower African eCommerce
Payments ecosystem giant PayPal announced a collaboration with Flutterwave, a leading payments technology company in Africa, this week. Through the collaboration, PayPal will enable its users to pay...
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25 Fintechs Going Green
ESG investing is no longer the only environmentally conscious aspect of the financial services world. Recently, we’ve seen an explosion of fintechs– both new and incumbent players– going green. Here’s...
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Blend to Acquire Title365 from Mr. Cooper
Digital lending platform Blend has agreed to acquire Mr. Cooper-owned Title365 for $422 million. Blend will leverage Title365 for its title, escrow, and settlement services. Integrating this...
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Pindrop to Buy NextCaller
Phone-based fraud prevention company Pindrop acquired Next Caller this week. Terms of the deal were undisclosed. Pindrop anticipates the purchase of NextCaller, a call verification and fraud detection...
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Zopa Receives $28 Million Investment
Peer-to-peer lending platform and digital bank Zopa landed some extra funds this week, now that its new banking platform is starting to take off. The U.K.-based company pulled in $28 million (£20...
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New Startup Highlight: MainStreet
Here in the U.S., it’s tax season. And even though the IRS has extended the filing deadline by a few weeks, it’s still a stressful time for both individuals and businesses. In an era of changing...
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Small Business Insurance Player Huckleberry Partners with Berkshire Hathaway
Online small business insurance company Huckleberry announced a partnership with Berkshire Hathaway GUARD today. As part of the partnership, Huckleberry joins Berkshire Hathaway GUARD’s curated...
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N26 Appoints Former SoundCloud CPO as its New CPO
Germany-based digital bank N26 announced today it is bringing on Gilles BianRosa as its new Chief Product Officer. In this new role, Gilles will be responsible for leading product teams in Berlin,...
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Meniga Brings in $11.8 Million Investment to Build Out Green Banking
On the heels of its FinovateEurope demo this week, digital banking player Meniga has raised $11.8 million (€10 million). The investment brings the company’s total funding to $55.7 million. Velocity...
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Fiserv Buys Pineapple Payments
Financial services technology provider Fiserv made its latest acquisition this week. The Wisconsin-based company has agreed to purchase payment processing and payment acceptance startup Pineapple...
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Circle Unveils Payments Tools for NFT Marketplaces
Non-fungible tokens (NFTs) are the hottest fintech trend that nobody saw coming. And today, payments infrastructure firm Circle is extending its services to help support NFT marketplaces. Circle’s new...
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PayPal Users Can Now Checkout with Crypto
PayPal launched Checkout with Crypto today. The new development enables users with cryptocurrency holdings to seamlessly transact using crypto at the online point of sale. Starting today, U.S....
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GoodData Heeds the Call to the Cloud
Analytics company GoodData may have been founded 10 years ago but, as the company recently explained, it is just now exiting stealth mode. That’s because GoodData is transitioning from focusing on...
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Paysafe’s Public Debut on the NYSE
Global payments platform Paysafe is making the move to the New York Stock Exchange this week. The London-based company is going public via a merger with Foley Trasimene Acquisition Corp. II, a special...
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3 Things to Know About Walgreens’ New Bank Account
Walgreens announced this week it will launch a new bank account offering. The pharmacy chain, in partnership with InComm, is launching a Mastercard debit card to pair with both a mobile banking app...
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Q2 Acquires ClickSWITCH for Digital Account Switching Service
Digital banking services company Q2 is getting a boost today. The Texas-based company announced it has acquired Minnesota-based ClickSWITCH. As part of the agreement, Q2 will integrate ClickSWITCH’s...
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Next Insurance Raises $250 Million for Small Business Insurance
Online insurance company for the self-employed Next Insurance just closed a $250 million investment round. The funding marks the company’s second $250 million investment received in the past seven...
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Alkami Announces IPO
We reported earlier this year that cloud-based digital banking solutions provider Alkami was heading toward an IPO. Today, the Texas-based company has confirmed rumors. Alkami will to list on the...
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