Tide, a financial service application focused for small- and medium-sized businesses, announced it is opening its app and allowing customers to connect existing bank accounts to its platform, according to the Evening Standard.
Nov 24, 2021
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The Independent Community Bankers of America (ICBA) announced the launch of its BankTech Ventures Investment Fund today, closing the first round of funding at $55 million from its initial limited community bank partners, according to Financial Regulation News.
Nov 23, 2021
Only seven months after closing its $20m Series A financing round, Payhawk announces its Series B of $112 million all equity round led by US investor Greenoaks, who previously invested in high-growth companies like Checkout.com, Robinhood, Stripe and Brex. All existing investors, including QED Investors, Earlybird Digital East and Eleven Ventures are participating in the […]
Nov 23, 2021
Global payments provider and shopping service juggernaut Klarna is making a play for a bigger piece of the American market’s pie.
Nov 23, 2021
KeyBank, a top-25 US bank and primary subsidiary of KeyCorp, announced it has acquired B2B digital payments platform XUP Payments for an undisclosed amount, according to a press release.
Nov 23, 2021
EarlyBird, a mobile app that promotes investing for kids, announced a $4 million seed round on Monday, led by Reddit co-founder Alexis Ohanian’s Seven Seven Six. Other strategic partnerships in the round included Gemini’s Frontier Fund along with Rarebreed Ventures, Fiat Ventures, Network Ventures, NBA Player Thaddeus Young’s Reform Ventures, and Alex Lieberman, executive chairman and co-founder of Morning Brew, among others.
Nov 22, 2021
Revolut, a ‘super app’ provider and the UK’s most valuable digital banking startup, has contracted with RegTech Cube to monitor evolving financial and economic regulations as the company continues to unveil its products globally.
Nov 22, 2021
firm Elliptic. To make matters worse, fraud and theft accounted for $10.5 billion of those losses, seven-times the amount from 2020.
Nov 22, 2021
U.S. banking regulators on Thursday signed off on a new rule that requires banks to report any major cybersecurity incidents to the government within 36 hours of discovery. The final rule, approved by the OCC, the Federal Reserve and the FDIC, orders bank compliance by May 1, 2021.
Nov 19, 2021
Global card issuing platform Marqeta announced Thursday its latest partnership with payments giant Square to bring the Square Card to small- and medium-sized businesses (SMBs) across Canada.
Nov 18, 2021