Clik here to view.
TD Bank Helps Auto Dealers Send Real-Time Payments
TD Auto Finance is enabling real-time payments for its network of auto dealers.The move will fund dealers throughout the day as new contracts are booked.TD Auto Finance is leveraging The Clearing...
View ArticleClik here to view.
Qred Launches New B2B Payments Platform, Raises $11 Million
Swedish B2B financing company Qred launched a B2B payments platform for its business users.The new tool enables users to pay invoices using their Qred Visa credit card from within the Qred mobile...
View ArticleClik here to view.
Fintech Merger and Acquisition Activity Starts Strong in Q1 2022
While 2021 was a record year for fintech merger and acquisition (M&A) activity, 2022 is off to a great start. According to FT Partners, there were 1,485 M&A deals in the fintech space totaling...
View ArticleClik here to view.
iProov Snags New CIO from Santander
Biometric cybersecurity company iProov appointed Miguel Traquina as Chief Information Officer.Traquina comes to iProov from Santander U.K., where he served as Chief Information Officer for Operations...
View ArticleClik here to view.
Visa to Bring Buy Now Pay Later to Air Canada
Visa is bringing its Installment Solution to Air Canada, allowing customers to pay for their qualifying purchases over time.According to Visa’s recent survey, a third of Canadians interested in using...
View ArticleClik here to view.
Women-Focused Roboadvisor Ellevest Raises $53 Million
Women-focused roboadvisor Ellevest received a $53 million Series B investment, bringing its total funding to $153 million.The company will use the funds to deepen its offerings and to help fulfill its...
View ArticleClik here to view.
eToro Expands into NFTs
Social investing platform eToro is launching eToro Art, a $20 million fund to support NFT creators.Once the company’s $20 million collection of NFTs is complete, eToro will be one of the world’s...
View ArticleClik here to view.
Digital Pioneer Inma Martinez On a Human-Centered Approach to AI-Driven Services
Humanizing AI has been a challenge ever since humans created AI. At FinovateEurope last month, digital pioneer, AI scientist, and author of The Fifth Industrial Revolution Inma Martinez shed her...
View ArticleClik here to view.
Identity Firm SailPoint Acquired by Thoma Bravo for $6.9 Billion
Identity expert SailPoint is making waves this week. The Texas-based company has agreed to be acquired by private equity firm Thoma Bravo. The all-cash deal, which values SailPoint at $6.9 million,...
View ArticleClik here to view.
Deserve Launches Commercial Credit Card Program
Payment-card-as-a-service startup Deserve announced it can now empower its banks and B2B clients via a new tool, the Commercial Card Platform, that enables customers to add a commercial payment card...
View ArticleClik here to view.
Wagestream Raises $175 Million for Earned Wage Access Tool
Earned wage access tool Wagestream raised $175 million.The investment includes $115 in debt funding and $60 in equity funding.Wagestream will use the funds to add to its product lineup and fuel its...
View ArticleClik here to view.
FinovateSpring 2022 Sneak Peek: Spave
A look at the companies demoing at FinovateSpring in San Francisco on May 18 and 19. Register today and save your spot. Spave lets users tap into everyday purchases to increase their savings, give to...
View ArticleClik here to view.
The Impact of Biden’s Crypto Executive Order on Banks
Last month, President Joe Biden signed an executive order on ensuring responsible development of digital assets. The order, which comes at a time of rising interest in digital assets such as...
View ArticleClik here to view.
Fiserv Taps The Clearing House to Expand Access to Real-Time Payments
Fiserv is leveraging a partnership with The Clearing House to help its bank clients offer real time payments.Banks that integrate into Fiserv’s NOW Gateway will benefit from real time payments in...
View ArticleClik here to view.
India’s Kaleidofin Closes $15 Million Round of Funding
India’s Kaleidofin closed a $15 million investment round this week.The funds bring the company’s total funding to almost $23 million.Kaleidofin will use the capital to launch and scale its lending...
View ArticleClik here to view.
Robinhood Unveils Stock Lending Feature to Offer Investors a Passive Income...
Robinhood unveiled its new stock lending feature, Stock Lending.The new offering enables investors to lend shares and receive passive income from borrowers.Stock Lending democratizes securities...
View ArticleClik here to view.
Neo Financial Lands $145 Million to Build its Canadian Challenger Bank
Canada’s Neo Financial closed $145 million ($185 million CAD) in funding.The round brings the three-year-old company’s total funding to almost $240 million ($299 CAD) and boosts its valuation past...
View ArticleClik here to view.
Fintech’s Role in Retail Investing’s Knowledge Gap
In a world full of inequalities, it is no surprise to see an imbalance when it comes to finances, and investing in particular. For more insight into this industry conundrum, we spoke with Rukayyat...
View ArticleClik here to view.
Worldline Taps Alogen to Offer Lenders Credit Assessment Tool
Payment and transaction services company Worldline and credit decisioning firm Algoan are joining forces.The two are developing a credit assessment tool that will help lenders make better, faster, and...
View ArticleClik here to view.
CNote Facilitates $25 Million Investment from Apple
Apple is using CNote’s platform to invest $25 million in underserved communities.Oakland-based CNote facilitates investments in economic equality, racial justice, gender equity and climate change...
View Article