Splash Financial, a digital lending platform that connects borrowers to financial product lenders, has raised $44.3 million in a Series B which included DST Global, Citi Ventures, Detroit Venture Partners and Firebolt Ventures. The Cleveland-based company plans to use the financing for technology development in its lender network and automated underwriting platform, according to Crunchbase […]
Open payments gateway company Volt has secured a $23.5 million Series A led by EQT Ventures to fuel expansion into new markets and ramp up its instant payments footprint, a press release shows.
Unit, an Israeli fintech that helps companies develop and launch new banking products, announced a $51 million Series B funding round led by Accel according to a press release Thursday.
Wise, formerly referred to as TransferWise, is looking to debut in public markets via a direct listing on the London Stock Exchange, CNBC reported.
10x Future Technologies, a financial technology venture started by former Barclays CEO Antony Jenkins, has raised £132.5 million ($186.6 million USD) in a Series C round co-led by BlackRock and CPP Investment Board according to a press release.
Novo, a small business banking startup, has closed on a $40.7 million Series A led by Valar Ventures, a press release shows.
Though back-office staff may spend less time face-to-face with account holders than frontline employees, their day-to-day activities directly impact customer experience (CX) and satisfaction. For instance, the customer journey from initially filing a Regulation E (Reg E) dispute to finally resolving the return of funds can be a strenuous and emotional process. If the bank […]
EBANX, a Latin America fintech which connects local customers to global merchants, announced a $400 million investment by Advent International, and an additional $30 million commitment to the company’s planned US IPO according to a press release.
Investors are increasing their stakes in Stripe ahead of its public listing, the Wall Street Journal reported citing sources.
Four years ago, Adyen dismissed reports of seeking a U.S. banking charter license. “We’re not interested or even consider applying for a U.S. banking license,” said Adyen’s former SVP of Strategy Luke Salinas to Bank Innovation in 2017. But since 2017, fintech has changed immensely. Regulators have have had to acknowledge, sometimes to the chagrin […]
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