Tagged: u.s.

U.S. Fintech Wise Secures $5.7 Million Through Seed Funding Round Led By Base10 Partners’ Rexhi Dollaku

Wise, a U.S.-based fintech, announced this week it secured $5.7 million through its latest seed funding round, which was led by Base10 Partners’ Principal, Rexhi Dollaku, with participation from Abstract Ventures, Backend Capital, The Fund, Two Culture Capital, and notable angels such as Michael Vaughan,… Read More

Neobank Startup Bambu Teams Up With FIS Platform to Bring Mobile-App Banking Services For Unbanked Consumers

FIS (NYSE: FIS), a financial services technology firm, announced on Thursday it has joined forces with neobanking group Bambu to power a new digital solution for the U.S. unbanked and underbanked. According to FIS, Bambu has created the solution to provide banking for underbanked Hispanics… Read More

U.S. Regtech DASH Regulatory Technologies Launches SaaS-Based Version of Regulatory Capital Compliance Suite

DASH Regulatory Technologies, a regtech-focused affiliate of capital markets technology and execution services provider DASH Financial Technologies, announced on Tuesday the launch of DASH 360R, the next-generation of its industry-leading LDB platform for U.S. regulatory capital calculation and reporting compliance.  DASH revealed that with the… Read More

SoFi’s Lantern Paycheck Protection Program Offering Sees 43% of Applicants Matched With Network of Lenders & 24% Receive Approve From SBA

Fintech unicorn SoFi announced on Monday it has helped funnel more than $75 million in loan applications to lenders for the Paycheck Protection Program (PPP) established by the CARES Act, through its extensive network of lenders and Lantern, the product comparison site operated by SoFi…. Read More

Credibly Named Approved Lender For Paycheck Protection Program

Credibly, a small and medium-sized business lending platform, announced on Friday it has been named an Approved Lender for the Paycheck Protection Program (PPP). As previously reported the U.S. Senate passed $484 billion in new pandemic relief funds to provide additional funding to the PPP… Read More

Stripe’s API “Stripe Issuing” Now Open to All U.S. Businesses

Payments platform Stripe announced on Thursday its Stripe Issuing, which is an API that allows users to create and control virtual and physical cards, is now open to all U.S. businesses. According to Stripe, Stripe Issuing was created to help businesses manage how funds get spent…. Read More

Citizens Bank of Edmond Teams Up With MX to Launch Paycheck Protection Program Loan Portal for Small Business Customers

Citizens Bank of Edmond announced on Wednesday it has teamed up with MX, a bank, credit union, fintech digital platform to launch a new Paycheck Protection Program (PPP) loan portal for the bank’s small business customers. According to Jill Castilla, President and CEO of Citizens Bank… Read More

U.S. Fintech HouseCanary’s Latest Review Confirms: U.S. Housing Sees First Signs of Decline Since COVID-19 Began

HouseCanary, a U.S.-based fintech firm focused on providing a real estate analytics solution, announced on Wednesday it has reviewed 41 states with the highest listing and transaction volume in the weeks since the COVID-19 pandemic hit the U.S. economy. According to HouseCanary, potential homebuyers were… Read More

RiverNorth Marketplace Announces Investment Strategy & Name Changes

RiverNorth Marketplace Lending Corporation, an established and currently operating as a closed-end interval fund dedicated to the marketplace lending asset class, announced last week it is restructuring to expand the fund’s investment mandate, the Board of Directors of the Fund (the “Board”) has approved changes… Read More

U.S. Insurtech Branch to Give Back 15% of Monthly Insurance Auto Premiums to Policyholders in Response of the COVID-19 Crisis

Branch, a U.S.-based insurtech startup, announced on Monday it is set to give back 15% of monthly insurance premiums to its auto policyholders in response to the COVID-19 pandemic. According to Branch, the compassionate initiative recognizes clients’ reduced driving due to shelter in place orders… Read More

U.S. Fintech BillGO Launches Bill Pay Relief Hub For Americans Impacted by the COVID-19 Pandemic

BillGO, a U.S.-based bill pay and real-time payment systems provider, announced on Monday it has launched a bill pay relief hub specifically for Americans who are impacted by the COVID-19 pandemic. According to BillGO, the payment relief can come in a variety of forms, including:… Read More

AVA Launches Public Testnet For Blockchain Platform

U.S.-based blockchain platform AVA announced on Friday it has launched its first of two planned public testnet releases. According to AVA, the first release allows participants to connect to a  global network of validators and participate in high-velocity transactions. Founded in 2018, AVA describes itself… Read More

Lendio Facilitates More $5.5 Billion in Relief Funds to Over 50,000 Small Businesses Through the Paycheck Protection Program

Online lending platform Lendio announced on Friday it facilitated more than 50,000 small businesses across the U.S. through the Paycheck Protection Program (PPP). Lendio reported that PPP applications approved through its online marketplace and bank partnerships total more than $5.5 billion. As previously reported, the… Read More

U.S. Investing Platform OpenInvest Secures $10.5 Million Through Series A1 Funding Round Led By QED Investors

OpenInvest, a U.S.-based investing platform, announced on Thursday it secured $10.5 million through its Series A1 funding round, which was led by QED Investors with participation from SystemIQ, Resolute Investment Managers,and ABN AMRO Ventures. The latest found of funding comes less than two years after… Read More

Funding Circle Receives Approval to Issue Paycheck Protection Program Loans

Funding Circle (LSE: FCH), an SME lender that facilitates loans in both the US and parts of Europe, announced on Wednesday it has received approval to issue Paycheck Protection Program (PPP) loans through its online lending platform. As previously reported, the PPP is part of… Read More

Ternio Announces 6.38% Cryptocurrency Rewards Program on BlockCard

Ternio, a U.S.-based blockchain firm, announced on Tuesday the introduction of the rewards program on BlockCard. According to Ternio, BlockCard users will be entitled to earn 6.38% back in cryptocurrency on all BlockCard purchases. As previously reported, BlockCard is a debit card that enables the… Read More

U.S.-Based Cerebro Secures More Venture Capital Funding to Expand Digital Commercial Loan Marketplace

Cerebro Capital, a U.S.-based digital commercial loan marketplace, announced on Tuesday it received additional venture capital funding through its latest investment round, which was co-led by Ulu Ventures and Grotech Ventures with participation from Sterling Partners, Inner Loop Capital, and Point Field Partners. Launched in 2017, Cerebro describes itself as… Read More

Binance.US Set to Launch Staking Rewards For Tezos

Just weeks after Binance listed Tezos (XTZ) on its U.S.-based division Binance.US, the cryptocurrency exchange announced Binance.US will be launching staking rewards for Tezos on Thursday, April 16th.  As previously reported, Binance.US is supporting trading for the XTZ/USD and XTZ/Binance USD (BUSD) trading pairs and… Read More

Customers Bank Partners With Digital Bank OakNorth to Increase Paycheck Protection Program Commitment to $500 Million

Customers Bank (NYSE:CUBI) announced on Friday it has increased its Paycheck Protection Program commitment to $500 million by using digital banking OakNorth to help support American small and medium-sized businesses during the coronavirus (COVID-19) pandemic.  As previously reported, the Paycheck Protection Program is part of… Read More

U.S. Insurtech Kin Insurance Announces New Partnership With Cape Analytics

U.S. insurtech startup Kin Insurance announced earlier this week it has expanded its partnership with property data platform Cape Analytics to improve its online insurance experience with predictive property insights. Through the partnership, Cape Analytics is reportedly providing Kin with the most comprehensive, timely, and… Read More

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