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Equifax Acquires DataX to Promote Financial Inclusion
Consumer insights and credit scoring company Equifax made its 18th acquisition this week. The Georgia-based firm purchased credit reporting agency and alternative data provider DataX. The move is...
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OnDeck Scores $93 Million in Two Credit Facilities
Online small business lender OnDeck closed a pair of revolving credit facilities this week. The $93 million in asset-backed funds come from Credit Suisse, which contributed $55 million (AUD 75...
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CardFlight Teams with BoomTown
Mobile POS and payment technology company CardFlight is expanding its product reach this week after landing a distribution partnership with San Francisco-based Boomtown. The partnership will enable...
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Continuity to Provide Compliance Tech for Affinity FCU
Compliance management solutions company Contiuity is making the banking industry more compliant through a new partnership with Affinity Federal Credit Union. The New Jersey-based credit union, with...
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Onfido to Secure Drivers for India’s Largest Rideshare Company
Digital identity verification company Onfido partnered with India’s largest shared ride company Zoomcar last week. This marks Onfido’s sixth ridesharing partnership. The London-based company has also...
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Figure Eight Collaborating with Google Cloud on Machine Learning
AI data enrichment platform Figure Eight (formerly known as CrowdFlower) announced a collaboration this week with Google Cloud. Through the partnership, Figure Eight will serve as the data launch...
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Five Degrees Acquires Icelandic IT Software Company Libra
Banking technology company Five Degrees is expanding its geographic footprint today with the acquisition of Iceland-based Libra, a core banking technology firm. The purchase is expected to boost...
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Flywire Raises $100 Million for Global Expansion
Global payment and receivables company Flywire closed on $100 million in funding to facilitate foreign currency payments. The Series D round brings the company’s total funding to $143 million. The...
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On Finovate.com Flywire Raises $100 Million for Global Expansion. Five Degrees Acquires Icelandic IT Software Company Libra. Yoyo Tops One Million User Milestone. Coinbase Enables European Customers to...
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CoverHound to Help Intelligent Customers to Shop Around for Renter’s Insurance
Online insurance marketplace CoverHound announced a partnership with Intellirent, a rental marketing and tenant screening platform. The partnership will enable renters whose landlords use the...
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AlphaPoint to Power DCEX, an XRP-Based Currency Exchange
Digital asset exchange platform AlphaPoint announced today it will power DCEX, a digital currency exchange platform powered by AlphaPoint’s blockchain technology. DCEX will serve as a digital currency...
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Gusto Brings in $140 Million, Doubling Valuation to $2 Billion
Payroll, benefits, and HR platform Gusto broadcast some news today with, well… gusto. The San Francisco-based company closed $140 million in Series C funding. This brings Gusto’s total amount raised...
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Entrust Datacard Acquires SMS Passcode
Identity authentication and secure card issuance company Entrust Datacard announced it purchased SMS Passcode from CensorNet, a cloud security company. Additionally, Entrust Datacard made a strategic...
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Xero Buys Paperless Accounting Firm Hubdoc
Cloud accounting platform Xero claimed today that “business has never been so beautiful.” That’s because the New Zealand-based company made its second acquisition, purchasing Hubdoc, an application...
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NestReady Collaborates with Alterna Savings on Home Buying Solution
NestReady, a startup aiming to simplify the home buying process, announced this week it has teamed up with Alterna Savings to help the credit union’s clients find their new home. The move comes about...
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Swych Expands Global Reach
Blockchain-based digital gifting platform Swych has taken one more step to “gifting without borders.” The Texas-based company announced it is leveraging its recent acquisition of GiftCardsIndia to...
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Crypterium Releases Crypto-Fiat Solution
Crypterium, a company that turns cryptocurrencies into fiat money, launched an update to its first crypto-fiat solution today with a tool that allows users to top up their mobile phone balance. The...
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TransUnion Teams Up with EXL for CECL Compliance
, Credit reporting agency and risk solutions provider TransUnion is taking steps to help lenders to comply with the new Current Expected Credit Loss (CECL) accounting rule. The company is partnering...
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Blend Launches Insurance Agency
Mortgagetech company Blend is venturing into insurance. The San Francisco-based company launched Blend Insurance Agency, an extension of its digital mortgage platform that offers borrowers a range of...
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DriveWealth and Bambu Join Forces on Roboadvisory Tool
Two wealthtech companies from opposite sides of the globe have built upon their partnership this week. New Jersey-based DriveWealth and Singapore-based Bambu have collaborated on the launch of a...
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