Tagged: united states

Paystand Announces B2B Partnership With Sage

Paystand, a blockchain-based, B2B payments firm, announced on Tuesday it has teamed up with cloud business management solutions provider, Sage, to integrate with the Sage Intacct cloud financial management system with the B2B payment network. According to Paystand, Sage Intacct customers will now be able… Read More

U.S. Fintech LendingPoint Appoints Ashish Gupta As New Chief Risk Officer

  LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Tuesday it has appointed Ashish Gupta as its new Chief Risk Officer.  According to LendingPoint, Gupta will lead data science/AI, risk, fraud, and market modeling as well as pricing… Read More

Digital Mortgage Platform Stavvy Secures $40 Million Through Series A Funding Round Led By Morningside Technology Ventures

  Stavvy, a digital mortgage platform, announced on Monday it secured $40 million through its Series A funding round, which was led by Morningside Technology Ventures. The company revealed its mission is to transform how business is conducted remotely by making complex legal and financial transactions easier, safer, and more… Read More

Financing, Analytics, & Marketplace Startup ProducePay Scores $43 Million Through Series C Investment Round Co-Led By G2VP & IFC

ProducePay,  a U.S.-based financing, analytics, and marketplace startup for the fresh produce market, announced on Monday it raised $43 million through its Series C investment round, which was co-led by G2VP, IFC, and IDB with participation from Anterra Capital and Coventure, Astanor Ventures, IGNIA, and… Read More

SoFi Now Offering SoFi Money Members the Ability to Receive Direct-Deposit Paychecks Up to Two Days Earlier

  SoFi, one of the most successful fintechs in the U.S., recently announced that SoFi Money, its cash-management product, will now offer members the ability to receive their direct-deposit paychecks (or other eligible direct deposits) up to two days earlier than their regularly scheduled payday…. Read More

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

US Regulators Warn that Bitcoin, Other Cryptocurrencies Pose Significant Financial Stability Risk

US Federal Reserve Chief Jerome Powell recently noted that cryptocurrencies pose significant risks to financial stability. Powell stated on Thursday (May 20, 2021) that greater regulation of crypto assets may be necessary. As reported by Reuters, the US Treasury Department cited concerns about wealthy people… Read More

Republican Congressman Reveals Investing in DogeCoin (DOGE) and Making Substantial Gains

Representative Mark Green, R-Tenn., recently became one of the first congressmen to profit on Dogecoin’s (DOGE) meteoric rise. Green reportedly made two purchases of DOGE of $1,000 and $15,000 each (as revealed in public disclosure forms). These digital asset investments added to Green’s extensive cryptocurrency… Read More

ACH Payments and Risk Management Fintech Certegy Is Offering White Label BNPL Product

Certegy, an established ACH payments and risk management firm, reveals that it has expanded its Buy Now, Pay Later solution with the introduction of a white label BNPL product. Certegy customers are able to access new APIs and developer tools in order to launch their… Read More

Fintech Plaid Partners with Payments Firm Square to Help US Merchants Handle ACH Debits without Holding Sensitive Bank Details

For many digital commerce platforms, ACH payments debited directly from customer bank accounts offer a more affordable and accessible alternative to traditional credit cards. Although cards may expire and can also go missing, account and routing numbers for ACH payments tend to be more permanent,… Read More

Over 4.5M Unique Bitcoin Addresses Associated with 72K+ Iranian IP Addresses, CipherTrace Sanctions Research Reveals

Sanctions research from blockchain security firm CipherTrace reveals that over 72,000 “unique” Iranian IP addresses have been linked to over 4.5 million “unique” Bitcoin (BTC) addresses. CipherTrace notes that since monitoring sanctions-related IP usage across the Bitcoin (BTC) blockchain network, they’ve been able to identify… Read More

Bitcoin Mining Hardware Marketplace Compass Mining Now a Member of Texas Blockchain Council

Compass Mining, which claims to be the world’s first online marketplace for Bitcoin mining hardware and hosting, recently confirmed that it’s now a member of the Texas Blockchain Council (TBC). TBC was established in November of last year with the stated goal of expanding the… Read More

Billtrust, a B2B Accounts Receivable Automation Service Provider, Upgrades Payments Network

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments provider, has released the next major version of its Business Payments Network 4.0 (BPN). The latest version was unveiled during the Billtrust Summit 2021 event. BPN 4.0 now provides support for the bi-directional exchange… 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

Global Payments Fintech Blackhawk Network Appoints Cory Gaines as Chief Product Officer

Blackhawk Network, a global payments provider, has confirmed that product management and payments executive, Cory Gaines, will now be serving as the company’s its Chief Product Officer. Gaines will be expected to lead Blackhawk’s growth and development efforts  in payments products, which includes globalizing the… Read More

Payments Fintech DailyPay, which Provides On-Demand Pay Solutions to Firms, Secures $500M in Capital

DailyPay, the provider of on-demand pay solutions for enterprises, has acquired $500 million in capital. DailyPay has completed a $175 million Series D equity round that was led by Carrick Capital Partners along with contributions from existing investors. DailyPay has also secured $325 million of… Read More

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