European buy now, pay later giant Klarna is getting close to nabbing a funding round backed by SoftBank, along with other investors, that would value it at over $40 billion, CNBC reported citing a source.
May 27, 2021
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Panel: Current Proptech Landscape This panel brought together a host of innovators and experts who told us about where proptech is today and where it should be tomorrow. AI is here, and it’s now table stakes for proptech companies to succeed. Regulation in real estate is the next big hurdle for founders to overcome and […]
May 27, 2021
A recent survey by Bankrate found that only 39% of Americans could easily cover an unexpected expense of $1,000. In other words, the emergency-funding pool is shallow or dry for nearly 4 in 10 Americans. Fintech startup Even, which operates an on-demand-pay platform, hopes to change that math. The Oakland, California-based company announced May 26 […]
May 27, 2021
Visa Fintech Partner Connect, a program that helps the payment company’s issuing partners connect with trusted technology developers, announced Wednesday that it is now available for clients in the US, Latin America, Asia Pacific, Central Europe, Middle East, African and Caribbean markets. The program, first released to Europe in November 2020, is aimed at helping […]
May 27, 2021
Fintech Acorns plans to go public through a merger with special purpose acquisition company Pioneer Merger Corp. that would value the savings and investing app at about $2.2 billion.
May 27, 2021
To make the applicant journey more seamless, reduce abandonment rates and improve revenues, financial institutions are incorporating solutions like Smart Conversion powered by AI.
May 26, 2021
Tilled, a PayFac-as-a-Service platform provider, announced an $11 million Series A funding round Wednesday, led by Rebecca Lynn of Canvas Ventures. The company provides payment service infrastructure to technology companies, allowing them to monetize sub-merchant payments and onboard new users and sub-accounts for end users. Tilled mostly caters to sub-industry software companies that want to […]
May 26, 2021
E-commerce fraud prevention company Forter has nabbed $300 million in a Series F funding round led by Tiger Global Management, nearly tripling its valuation to $3 billion.
May 26, 2021
Sift, a digital trust, safety and fraud protection company, announced Tuesday it has entered an agreement to acquire Chargeback, a Salt Lake City-based fintech which offers payment security services.
May 25, 2021
Buy now pay later company Sunbit has raised $130 million in a Series D funding round that pushed its valuation to $1.1 billion aka unicorn status.
May 25, 2021