Tagged: u.s.

U.S. Fintech Wemlo Introduces AI Tech For Mortgage Processing

Wemlo, a U.S.-based fintech that’s focused on mortgage loan processing, announced on Friday the launch of its new AI technology called Athena. According to Wemlo, Athena is a virtual assistant AI developed to empower and improve loan processing by identifying discrepancies within a mortgage loan… Read More

Klarna Milestone: Surpasses 11 Million Customers in the U.S.

Payment processing platform Klarna announced on Thursday it has reached a record 11 million customers in the U.S. Klarna reported that the latest milestone represents a 106% increase year over year and a rapid climb from the 10 million reached only three weeks before. Founded in… Read More

Klarna Announces Expansion of In-Store Payment Offering in the U.S.

  Payment processing platform Klarna announced on Thursday it has expanded its in-store payment services to more than 60,000 stores nationwide, including various popular retail brands such as H&M, O.N.S. Clothing, The North Face and Timberland. According to Klarna, customers are now able to make purchases… Read More

U.S. Insurtech Assurely’s Latest Seed Rounds Brings Total Amount Raised to $3.7 Million

  Assurely, a U.S.-based insurtech that provides embedded insurance as a service, recently announced its closed its seed round, which was led by ATX Ventures. The company reported that the investment round brought its total funding to just more than $3.7 million. Founded in 2016,… Read More

Consumer Credit Card Fintech Cardless Launches Platform & Announces $10 million Venture Funding Round

Cardless, Inc., a U.S.-based consumer credit card financial technology firm that helps brands launch and run custom co-branded credit card programs, today announced the launch of its platform, which enables brands to reward loyal customers and fans.  Founded in 2019, Cardless claims it’ll be the… Read More

U.S. Fintech Obligo Raises $15.5 Million Through Series A Investment Round

Obligo, a U.S.-based fintech startup that’s focused on the real estate market, announced on Tuesday it raised $15.5 million Series A funding round from investors, including 83North, 10D, Entrée Capital, Viola Credit, and other strategic real estate investors. This latest round of funding comes just a… Read More

U.S. Insurtech Exchange bolt Hits $4 Billion in Active Insurance Premium Milestone

bolt, a U.S.-based insurtech exchange, recently announced it has reached an all-time high of more than $4 billion in active insurance premiums on its platform. The company noted that the premiums get by more than a third since May 2020. Founded in 2000, bolt enables… Read More

U.S. Fintech Amicus Announces Additional $8.7 Million Through Series B Funding Rond

Amicus.io, the fintech company behind the philanthropic platform for DAF 2.0, announced on Tuesday it secured an additional $8.7 million through its Series B funding round, which was led by The FR Group. Founded in 2013, Amicus.io is making philanthropy as online banking. “Grow your… Read More

U.S. Fintech Broadridge Unveils Next Generation Virtual Shareholders Meeting Platform

U.S.-based fintech Broadridge Financial Solutions announced on Tuesday the first phase of its enhanced virtual shareholder meetings (VSM) platform. According to Broadridge, the VSM will increase accessibility, transparency, and engagement to meet the rising expectations of corporate issuers, mutual funds, and shareholders.  The new experience… Read More

PNC to Acquire BBVA’s U.S. Subsidiary For $11.6 Billion

BBVA announced on Monday it has agreed to sell to PNC its subsidiary in the U.S. for approximately $11.6 billion (€9.7 billion) in cash. According to BBVA, the selling amount represents 19.7 times the unit’s 2019 earnings, which is almost 50% of BBVA’s current market capitalization. BBVA… Read More

Rapyd Unveils Cross Border Fraud Prevention Solution “Rapyd Protect” for All Payment Methods

    Rapyd, a global B2B Fintech as a Service provider, announced on Thursday it has launched Rapyd Protect, which is a fraud solution designed to protect businesses and consumers against fraud across countries and payment methods. According to Rapyd, Rapyd Protect is a fraud… Read More

 U.S. fintech Covered Care Scores $100 Million Financing Line From Fortress Investment Group

Covered Care, a division of Covered, announced on Wednesday it secured a $100 million financing line from funds and accounts managed by Fortress Investment Group LLC, a global investment manager. Covered Care was notably founded by a group of fintech industry veterans to provide better… Read More

Better.com Secures $200 Million Through Series D Funding Round Led By L Catterton

U.S.-based homeownership platform Better.com announced on Wednesday it secured $200 million through its Series D funding round, which was led by L Catterton with participation from Activant Capital, Ally Financial, American Express Ventures, Ping An Global Voyager Fund, and 9Yards Capital. The latest funding round… Read More

Online Insurance Marketplace Policygenius Unveils November 2020 Life Insurance Price Index

Policygenius, a U.S.-based online insurance marketplace, announced on Tuesday the release of its November 2020 Life Insurance Price Index. According to Policygenius, the Index displays average monthly life insurance rates using current data from leading life insurance carriers. New data from this free index is… Read More

Pie Insurance Debuts Partner API on Insurtech Platform

U.S.-based insurtech startup Pie Insurance announced on Tuesday it has launched its API for partners. Pie reported by using the program partners who serve small businesses may get a quote without leaving their platform or website. They may also customize their integration as well a connect… Read More

U.S. Fintech Finch Launches All-In-One Checking & Investing Platform

  Finch, a U.S.-based fintech startup that integrates the benefits of investing and the flexibility of checking into a seamless all-in-one account, announced on Tuesday it has launched its all-in-one checking and investing platform. The company reportedly it is backed by investors in fintech and global… Read More

Broadridge Appoints Edmund Reese As New Chief Financial Officer

U.S.-based fintech Broadridge Financial Solutions announced on Monday it has appointed Edmund Reese as its new Chief Financial Officer, effective on November 30th. Reese reportedly joins Broadridge from American Express, where he most recently served as Senior Vice President and CFO of the Global Consumer… Read More

Mike Cagney’s Figure Technologies Applies For U.S. National Bank Charter & Announces New CEO For Figure Bank

Figure Technologies, a lending platform that uses blockchain technology, announced on Friday it has applied for a U.S. national bank charter The fintech is now seeking the Office of Comptroller of the Currency’s approval to offer home equity loans and financing services across the U.S…. Read More

SoFi Launches Credit Card to Help Users Pay Down Their Debt

SoFi, one of the most successful fintechs in the U.S., announced on Wednesday it has launched its first-ever credit card. According to SoFi, the credit card incentivizes healthy financial habits and delivers on its mission to help people get their money right. The card, which… Read More

Brex Announce Upgrade of E-Commerce Offerings By Introducing Instant Payouts and Tailored Rewards

  U.S. fintech Brex announced on Tuesday it has introduced new features tailored to solving the cash flow pain points of growing e-commerce businesses. According to Brex, the launch of instant payouts and e-commerce-specific rewards alleviate growth barriers faced by e-commerce companies and furthers the company’s… Read More

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