Digital banking giant Chime released Friday that it has raised $750 million in a Series G funding round that values the fintech company at $25 billion — nearly $10 billion higher than its last reported valuation in October 2020.
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Crypto staking services provider Figment has raised $50 million in a new funding round it plans to utilize for hiring and business expansion.
Shopistry, a Canadian-based startup centered around the concept of ‘headless commerce’ and building e-commerce infrastructure, announced raising $2 million in seed funding, according to TechCrunch.
Recently several bills from Congress came out of committee that, if passed, would have a profound effect on both the credit industry and the credit of millions of people across America. Of these bills, there is one that offers the greatest change to the country’s credit system since the creation of the Fair Credit Reporting Act – the National Credit Reporting Agency Act.
Divvy Homes, the prop-tech startup that buys homes on behalf of renters and guides them to eventual ownership, announced Friday a new round of funding that nearly quadrupled its valuation to $2 billion.
Uala, an Argentinian financial service startup, is now valued at $2.45 billion following a $350 million Series D co-led by SoftBank and Tencent, according to Bloomberg.
Citi announced Thursday the launch of its new digital platform aimed to connect small and medium-sized enterprises (SMEs) with regional, local and community banks.
Upgrade, an online lending platform launched by Renaud Laplanche of LendingClub, has announced raising a $105 million Series E led by Koch Disruptive Technologies, according to a press release.
Acorn, a company that offers a list of financial services such as investment, round-up savings, debt management and debit cards, announced hiring former Twitter and DreamWorks executive Rich Sullivan as its new CFO, according to a press release.
Fintech lender Figure Technologies is going full force in to the mortgage lending – and now servicing – blockchain revolution. Just one week after it’s announcement that it would merge with lender Homebridge Financial Services, the company revealed a partnership with loan servicing software developer Sagent.
