Poulomi Damany serves as the General Manager of Credit Karma’s Money & Tax division, where she manages the company’s business unit that includes its checking and savings products to help customers with their spending.
May 25, 2021
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Resolve, which launched as a spinout from buy now, pay later giant Affirm in 2019, has received a $60 million capital injection to scale its embedded billing platform for B2B businesses to facilitate buying and selling on credit.
May 25, 2021
Square’s financial focus on SMBs is full stack, offering POS systems, loans, online stores, and banking services. That makes Square alumni Lauren Myrick (formerly the GM of Stripe’s payroll offerings) and Connor Dunn (formerly an engineer Square Payroll) uniquely qualified to raise a $12.75 million venture round led by Sequoia with participation from a number […]
May 24, 2021
Iowa-based payments platform Moov, which provides fintech solutions for developers, announced Sunday that it was appointing Joel Tosi as Chief Technology Officer to oversee its overall product direction and development.
May 24, 2021
There’s a longstanding rule of thumb in banking: watch what the megabanks do, then follow their lead. While this fast-follower approach makes sense when closing gaps on table-stakes features in digital banking, it’s literally self-destructive for community financial institutions in the era of open banking.
May 21, 2021
The official announcement states that Square, a leader in the payment processing market, and Plaid, a fintech technology platform which connects applications to users bank accounts, are joining forces to make ACH payments easier to use and cost-effective for consumers. Plaid‘s platform currently allows customers to authorize bank accounts faster, turning a previously long and […]
May 21, 2021
Insurtech Super has nabbed $50 million in a Series C funding round led by Wells Fargo Strategic Capital. The company, which provides subscription care for homes, will use the fresh capital to scale its offerings, market expansion and hire more employees according to a press release.
May 21, 2021
Slowly but surely, contractors are digitizing their processes and payment flows. And now, with the help of Hearth, they can also offer convenient loans to customers on their phones. The Austin, Texas-based company founded in 2016 by CEO Anthony Ghosn and Nikhil Pai, is a marketplace that lets “contractors quote monthly payments in real-time as […]
May 20, 2021
So far this year, identity verification and fraud detection startups have pulled in nearly $835 million in venture funding across 24 rounds. I spoke with several businesses and startups in the space about why the sector is seeing so much demand and what challenges lie ahead.
May 20, 2021
Payment technology company DailyPay has nabbed $500 million in capital, $175 million of which was raised in a Series D equity round and $325 million of which is in credit capital from “various sources,” a press release shows.
May 19, 2021