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Santander Launches Tool to Help Users Measure and Reduce their Carbon Footprint
Banco Santander is launching a new tool to help retail customers track the carbon footprints of their transactions.The bank is partnering with ClimateTrade and the Mastercard donation platform to...
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In a Remote World, Expensify Builds In-Person Perks
Business expense management firm Expensify is in the process of beta testing a unique new feature. Though, it’s more of a perk than a feature. The Expensify Lounge is a chic new space in the entrance...
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Deserve Receives $250 Million Credit Facility
Deserve received a $250 million credit facility from Goldman Sachs, Cross River, and Waterfall Asset Management.Last year, Deserve experienced a 650% growth in transactions volume and an 800% growth...
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Checkout.com Acquires ubble to Bolster Digital Identity Expertise
Checkout.com is acquiring online identity verification provider ubble.The move will enable Checkout.com to help its clients ensure compliance and stay ahead of changing regulations. Terms of the deal...
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CMFG Ventures Director Elizabeth McCluskey on Fintech Funding, Valuations,...
There have been plenty of discussions surrounding fintech valuations this year. Rumors of a bubble have plagued fintech for a few years, and high valuations combined with seemingly endless funding...
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Experian Acquires Majority Stake in Brazil’s MOVA
Experian has agreed to acquire a majority stake in Brazil-based MOVA Sociedade de Empréstimo entre Pessoas S.A. (MOVA) for $7.89 million (R$40 million).Experian will take a 51% stake in MOVA today,...
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Token Raises $40 Million for Open Banking
Open banking expert Token landed a $40 million Series C investment.The round, which was co-led by Cota Capital and TempoCap, boosted the company’s total funding to $90 million.Among Token’s clients...
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Has Fintech Failed?
If you measure the beginning of fintech as 1886, the industry has had a very long time to get things right. Even if you consider 2007 as the birth of fintech, we have still had 15 years to deliver on...
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Greenlight Unveils Credit Card
Challenger bank Greenlight launched a credit card, the Family Cash Card.The card offers up to 3% cash back and allows users to automatically invest the rewards into a mutual funds or ETFs.This is...
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Thought Machine Doubles Valuation to $2.7 Billion After Series D Funding Round
Core banking expert Thought Machine raised $160 million in Series D funding.The investment was led by Temasek and saw participation from Intesa Sanpaolo, Morgan Stanley, Eurazeo, ING, JPMorgan Chase,...
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Unit Raises $100 Million for Banking-as-a-Service
Unit received $100 million in Series C funding this week.The funding boosts the company’s total investment to $170 million and brings its valuation to $1.2 billion.The company, which will unveil its...
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BlockFi Taps Cardlytics for New Rewards Offering
Blockchain-driven financial platform BlockFi has partnered with purchase-based intelligence firm Cardlytics to launch BlockFi Offers.The new rewards program will enable BlockFi cardholders to earn up...
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Caribou Raises $115 Million for Auto Refinance Tech
Auto loan refinance company Caribou received $115 million in Series C funding last week.The company now boasts $190 million in total funding and touts a $1.1 billion valuation.Caribou will use the...
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Temenos Serves Up ESG Investing-as-a-Service
Banking technology provider Temenos is launching ESG Investing-as-a-service.The tool will help banks and wealth managers offer a digital experience that allows end customers to build an investment...
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Stripe Unveils App Marketplace
Stripe is launching the Stripe App Marketplace.The company’s business customers will be able to browse the new digital store to find and integrate third party apps into their own operations.Businesses...
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4 Reasons to be Optimistic about Fintech Right Now
We’ve seen some bad news in the tech sector lately. YCombinator is asking its portfolio founders to “plan for the worst” and prepare for a downturn and Klarna is laying off 10% of its employees....
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Yapily Helps Make BNPL Checkout Easy for Small Businesses
Open banking expert Yapily and B2B BNPL player Two have paired up.Norway-based Two will leverage Yapily data, eliminating the need for businesses to fill out forms when paying with BNPL.“With Yapily...
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National Australia Bank to Launch BNPL Tool
National Australia Bank is launching its own BNPL tool called NAB Now Pay Later.The bank’s BNPL offering will not charge late fees, interest, or account fees.NAB expects to have a leg up on third...
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Trustly to Acquire Ecospend
Sweden-based account-to-account payments specialist Trustly will acquire U.K.-based open banking payments platform Ecospend.Trustly anticipates the deal will help accelerate its move into the U.K....
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PwC and Microsoft Tap FintechOS for Digital Banking
Financial services firm PwC and tech giant Microsoft are leveraging digital banking solutions provider FintechOS to create a digital banking solution.The group aims to help banks adapt and modernize...
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