Tagged: u.s.

MoneyGram Announces Mobile Wallet Capabilities Expansion in Africa Through New Strategic Partnerships

  Digital money transfer service MoneyGram (NASDAQ: MGI) announced on Monday new four mobile wallet and fintech partnerships that give the company access to mobile wallets in 28 markets in Africa. The company reported that the new partnerships are with Airtel, Thunes, InTouch and MFS… Read More

Open Source Embedded Platform Moov Appoints Joel Tosi As Chief Technology Officer

Moov Financial, a U.S.-based open-source embedded banking platform, announced on Monday it has appointed Joel Tosi as its new Chief Technology Officer. According to Moov, Tosi will oversee the company’s overall product direction and development and will grow a team centered around the company’s mission and… Read More

Milestone: Fireblocks Surpasses $600 Billion in Digital Assets Transferred

Fireblocks, an enterprise-grade platform providing the infrastructure for moving, storing, and issuing digital assets, recently announced it has secured the storage and transfer of $637 billion in digital assets since launching in 2019. As previously reported, Fireblocks claims it streamlines operations by bringing all your… Read More

U.S. Insurtech Mile Auto Scores $10.3 Million in Seed Funding to Expand Car Insurance Offering Throughout the Country

  Mile Auto, a U.S.-based insurtech startup, announced on Monday it raised $10.3 million through its seed funding round, which included participation from Ulu Ventures, Emergent Ventures, Thornton Capital, and Sure Ventures. Launched in 2019, Mile Auto describes itself as a next-generation insurtech company that uses computer version… Read More

Online Payments Platform Skrill USA Launches Virtual Visa Prepaid card in the U.S.

  Integrated payments platform Paysafe announced on Thursday that Skrill USA digital wallet has launched a virtual version of its existing Skrill Visa Prepaid Card. According to PaySafe, Skrill USA’s latest product offers Americans a fully digital payments solution that can be activated instantly to spend… Read More

U.S.-Based Consumer Insurance Solution Waffle Secures $5 Million Through Seed Funding Round Led By Verve Ventures

Waffle, a U.S.-based consumer insurance solution, announced on Wednesday it raised $5 million through its seed funding round, which was led by Verve Ventures, with participation from BetterLabs Ventures and Techstars. The investment follows Waffle’s official launch in iOS and web, giving availability across all… Read More

Circle Appoints Mandeep Walia As New Chief Compliance & Risk Officer

  Global fintech Circle announced on Wednesday it has appointed Mandeep Walia as its new Chief Compliance and Risk Officer. Circle reported that Walia will work with its leadership in helping “harmonize compliance standards” as a part of the company’s broad commitment to ensuring that open… Read More

U.S. Insurtech Super Scores $50 Million Through Series C Funding Round Led By Wells Fargo Strategic Capital

Super, a U.S.-based insurtech startup, announced on Wednesday it raised $50 million through its Series C investment round, which was led by Wells Fargo Strategic Capital with participation from Asahi Kasei, AAA – Auto Club Group, Gaingels, REACH, and the NATIONAL ASSOCIATION OF REALTORS’ strategic technology investment fund. Founded in 2015,… Read More

Recurring Revenue Trading Platform Pipe Secures $250 Million Through Latest Strategic Investment Round; Now Valued at $2 Billion Just Under a Year After Public Launch

  Pipe, a U.S.-based recurring revenue trading platform, announced on Wednesday it secured $250 million through its latest strategic investment round, which was led by Greenspring Associates, and included new investors Counterpoint Global (Morgan Stanley), CreditEase FinTech Investment Fund, SBI Investment, 3L, Sound Ventures and Guy Oseary,… Read More

Unicorn: Financial Institutions Tech Amount Secures Nearly $100 Million Through Series D Funding Round; Bringing Post-Money Valuation to $1 Billion 16 Months After Spin-Off From Avant

  Amount, a U.S.-based financial institutions tech company, announced on Tuesday it raised nearly $100 million through its Series D funding round and has achieved unicorn status by having a post-money valuation of $1 billion. Founded last year, Amount reported it delivers the technology financial institutions need to create and… Read More

Gemini’s Credit Card Waitlist Now Has 250,000 Signups

    US-based digital assets firm Gemini announced on Monday the waitlist of its highly anticipated crypto credit card has officially reached 250,000 signups. As previously reported, Gemini revealed it has teamed up with Mastercard as the exclusive card network to offer various features for the upcoming… Read More

American Express Now Offering U.S. Consumer Card Members With Option to Buy Now Pay Later For Air Travel

  American Express recently announced it is giving its U.S. consumer card members the option to Buy Now Pay Later (BNPL) for their air travel. American Express reported that members may now book flights at AmexTravel.com and pay later using Plan It at checkout “Integrating Plan It directly into the checkout experience will… Read More

PayPal Acquires U.S. Startup Happy Returns

    Happy Returns, a U.S.-based returning product startup, announced on Friday it has been acquired by PayPal Holdings, Inc. (NASDAQ:PYPL). Founded in 2015, Happy Returns seeks to retain revenue, reduce cost, give shoppers choice, and make supply chains sustainable by making returns “beautiful” for… Read More

U.S. Fintech MovoCash Teams Up With Mastercard & Coastal Community Bank to Launch On-Demand Mobile Banking App

  MovoCash, a U.S. fintech, announced on Thursday the launch of its on-demand mobile banking app, which was created through the company’s partnership with Mastercard and Coastal Community Bank. Founded in 2014, Modo describes itself as a next-generation digital bank with “powerful, secure, and fast… Read More

U.S.-Based E-Commerce Platform Our Mayberry Secures $1.2 Million Through Convertible Note Seed Round

  Our Mayberry, a U.S.-based e-commerce platform, announced on Thursday it raised $1.2 million through its convertible note seed round. According to Our Mayberry, investment groups from medical services and restaurant industries led the round. Founded in 2019, Our Mayberry describes itself as an online e-commerce… Read More

U.S. Insurtech Insurify Announces New Office in Bulgaria

  Insurify, an AI-powered insurance comparison platform that’s based in the U.S., announced on Thursday it has opened a new office in Bulgaria. The company also revealed it is growing its in-home insurance agency. Founded in 2013, Insurify stated its mission is to fix the broken… Read More

Milestone: Gemini Surpasses $30 Billion in Crypto Under Custody

  U.S.-based digital assets firm Gemini announced on Tuesday it now has more than $30 billion in crypto under custody. Gemini reported that it more than tripled its crypto under custody since the beginning of 2021. Gemini also revealed details about other milestones it recently made: “We serve… Read More

U.S. Insurtech Ethos Raises $200 Million Through Series D Investment Round; Boosts Valuation to $2 Billion

  Insurtech company Ethos announced on Tuesday it secured $200 million through its Series D funding round, which was led by General Catalyst, with participation from Sequoia Capital, Accel, GV (formerly Google Ventures),  Jay-Z’s Roc Nation, and Glade Brook Capital Partners. Ethos reported that the investment round… Read More

U.S. Fintech Stampli Secures $50 Million Through Series C Investment Round Led By Insight Partners

  Stampli, an U.S.-based fintech that is focused on AI-driven AP automation, announced on Wednesday it raised $50 million through its Series C funding round, which was led by Insight Partners with participation from SignalFire and Nextworld Capital. The latest investment round brings Stampli’s total funding to more than… Read More

Mike Cagney’s Figure Technologies Receives Regulatory Approval to Operate Alternative Trading System

Figure Technologies, a lending platform that uses blockchain technology, announced on Wednesday its subsidiary, Figure Securities, Inc. has become a FINRA-approved broker-dealer and an SEC-registered Alternative Trading System (ATS) for digital securities custody on Provenance Blockchain. As previously reported, Figure is the creation of Mike… Read More

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