Tagged: u.s.

Funding Circle Offering Support to Business Loan Transparency Law in California

Marketplace lending company Funding Circle (LSE: FCH) is reportedly supporting a U.S. business loan transparency law. According to P2PFinanceNews, the online lender is backing the California introduced law, which will require certain data to be disclosed in commercial credit agreements much like consumer loans. Head… Read More

U.S. Fintech Startup Zero Secures $100 Million Credit Facility From Neuberger Berman

Zero, a U.S. fintech startup, announced on Wednesday it secured a $100 million revolving line of credit facility from a fund managed by the investment manager, Neuberger Berman. Founded in 2016, Zero claims to be the first modern banking experience to combine the simplicity of… Read More

Broadridge Appoints Chris Perry As New President

U.S.-based fintech Broadridge Financial Solutions announced on Wednesday it has appointed its Senior Vice President, Global Sales, Marketing and Client, Chris Perry, as its new President. According to Broadridge, Perry is assuming the title of President from Broadridge’s CEO Tim Gokey, who remains CEO and… Read More

CrowdOut Capital Announces Term Loan & Growth Facility to Hilton Head’s Wild Wing Cafe

Private lending syndication platform CrowdOut Capital announced on Wednesday the completion of a term loan and a delayed draw growth facility to Wild Wing Cafe. The restaurant chain, originally from Hilton Head, South Carolina, owns and operates a successful restaurant franchise with 44 system-wide restaurants,… Read More

Broadridge Launches Forecasting Module Within Asset Management Revenue & Expense Management Solution

U.S.-based fintech Broadridge Financial Solutions announced on Wednesday of a new forecasting module within its revenue and expense management platform. According to Broadridge, the revenue and expense management solution tracks and calculates fees across a variety of complex workflows and helps asset managers and other financial services… Read More

Broadridge Set to Acquire FundsLibrary

U.S.-based fintech Broadridge Financial Solutions announced on Tuesday it is set to acquire FundsLibrary, a company focused on fund document and data dissemination in the European market, from its parent company Hargreaves Lansdown. Broadridge reported that by combining FundsLibrary’s capabilities with its existing regulatory communications… Read More

U.S. & Lagos Fintech Startup Flutterwave Secures $35 Million Through Series B Funding Round & Announces New Partnership With WorldPay For Payments in Africa

Flutterwave, a U.S. and Lagos-based fintech that’s on a mission to build payments infrastructures to connect Africa to the global economy, has reportedly secured $35 million through its Series B funding round. Along with the investment announcement, the company revealed it is now teaming up… Read More

Klarna Announces New Partnership With Point-of-Sale Software Vend

Payment processing platform Klarna announced earlier this week it has formed a new partnership with point-of-sale software brand, Vend. According to Klarna, the collaboration gives customers of boutique retailers more flexible payment options in-store across the UK. The roll out will later follow in the… Read More

AvidXchange Secures $260 Million Through Latest Investment Round to Support Continued Growth

Money Benjamin Dollars 100

AvidXchange, a U.S. fintech that provides accounts payable and automated payment solutions to midsize businesses, announced on Friday it has raised $260 million in equity capital as part of the company’s latest financing round. With contributions from TPG Sixth Street Partners and other leading investors, this brings… Read More

Financial Management App Nav Appoints Greg Ott as New CEO

Nav, a business financial management app that helps small businesses find the best financing by giving them free access to business and personal credit reports from major commercial and consumer credit bureaus, announced on Tuesday it has appointed Greg Ott as its new CEO. The… Read More

Klarna Partners With H&M to Launch Pay Later Feature in the U.S.

Payment processing platform Klarna has teamed up with Swedish multinational clothing-retail H&M to launch Pay Later options in the U.S. According to H&M, the payment solution in the U.S. enables a “frictionless” and flexible checkout for customers across all channels. Stefan Vos, CFO of H&M… Read More

Plaid Has Been Acquired By Visa

Plaid, a U.S.-based fintech startup, announced on Monday it has been acquired by Visa. The companies both revealed that Visa will pay total purchase consideration of $5.3 billion through the acquisition. Founded in 2012, Plaid stated it is focused on enabling “innovation and democratizing” financial… Read More

U.S. Fintech Saas Company HighRadius Secures $125 Million Through Series B Investment Round Led By ICONIQ Capital

HighRadius, a U.S.-based fintech enterprise Software-as-a-Service (SaaS) company specializing in integrated receivables, announced on Tuesday it secured $125 million through its Series B funding round, which was led by ICONIQ Capital with participation from existing investors Susquehanna Growth Equity and Citi Ventures. Founded in 2006, HighRadius claims… Read More

U.S. Fintech Nayax Secures $60 million Through Latest Investment Round

Nayax, a U.S.-based fintech that is developing solutions for the machine industry, has reportedly secured $60 million through its latest investment round. The funding notably brings the company’s valuation to $400 million. Founded in 2005, Nayax revealed its cashless payments, telemetry, management, and BI solutions… Read More

Monzo Announces U.S. Beta Update

UK-digital challenger bank Monzo announced this week an update about the U.S. Beta launch. The banking startup revealed that from August until November it ran small, in-person community events in San Francisco, NYC, Las Vegas, and LA. the company then gave 1,000 users early access… Read More

Chilean Insurtech Jooycar Plans to Launch in the U.S. in 2020

Jooycar, a Chilean insurtech that is seeking to disrupt the auto insurance and telematics space in Latin America, is reportedly set to launch in the U.S. this upcoming year. According to Contxto, Jooycar is looking to expand its customized car insurance service to the U.S…. Read More

U.S. Beverage Brand Grady’s Cold Brew Now Seeking Funds Through Reg CF Round on StartEngine

Grady’s Cold Brew, Inc., a cold brew beverage startup based in the Bronx, is now seeking funds through its Reg CF round on crowdfunding platform, StartEngine. Founded in 2011, Grady’s Cold Brew describes itself as a New Orleans-Style cold brew that started as a bottled… Read More

Monzo Expands Anti-Money Laundering Partnership With RDC For U.S. Launch

RDC (Regulatory DataCorp) announced on Wednesday it has renewed its agreement with UK-based digital banking group Monzo to help fight against anti-money laundering for the bank’s U.S. launch. According to RDC, the partnership will build on the success of the past two years in the… Read More

U.S. Insurtech/Fintech Hourly Secures $7.15 Million Through Seed Funding Round Led By Aya Peterburg & Haim Sadger of S Capital

Money Benjamin Dollars 100

Hourly, a U.S.-based insurtech/fintech that simplifies workers’ comp insurance, payroll and time tracking for small business owners, announced on Wednesday it secured $7.15 million through its latest seed funding round, which was led by Aya Peterburg and Haim Sadger of S Capital, with participation from Inovia Capital, J-Angels and… Read More

U.S.-Based Small & Medium-Sized Business Financing Provider Kapitus Closes Second Asset-Backed Securitization For $160 Million

Kapitus, a U.S.-based small and medium-sized business financing provider, announced on Tuesday it closed its second asset-backed securitization (ABS) for $160 million. Kapitus reported that the facility, which has a 3-year revolving period, a 5-year legal final, and is expandable to $500 million, was issued in… Read More

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