Funding to Accelerate New Credit Product Launches, Customer-focused Initiatives and Recruitment & Hiring Follows Rapid Customer Growth Since Inaugural Product Launch OAKLAND, Calif.–(BUSINESS WIRE)–Peach Finance (“Peach”), a modern SaaS-based loan servicing platform, today announced that it has raised $20 million in Series A funding. Canapi Ventures led the round with participation from existing and new […]
SPARTANBURG, S.C.–(BUSINESS WIRE)–#fortunacredit–Every person is the architect of their own fortune. Fortuna Credit today announces the launch of a new platform that will transform the online lending marketplace and empower non-prime consumers to take control of their financial health. Operating online in all 50 states, Fortuna Credit is a multi-lender marketplace connecting consumers to financial […]
SANTA MONICA, Calif.–(BUSINESS WIRE)–#creditbuilding—Grow Credit, a Black-owned financial inclusion platform, which partnered with MasterCard last year to help consumers leverage their subscription payments to build credit for free on Equifax, Transunion, and Experian, announced today that it has raised a $106.3 million financing seed round, comprised of $6.3 million in equity financing from various investors […]
World-class technology used by largest financial institutions now accessible to Alkami network users; providing top-tier fraud detection NEW YORK–(BUSINESS WIRE)–BioCatch, the market leader in behavioral biometrics technology, is pleased to announce that they are now part of Alkami Technology, Inc.’s (Nasdaq: ALKT) Gold Partner Program. This new partnership enables Alkami’s network of bank and credit […]
MIAMI–(BUSINESS WIRE)–ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, today announced its ranking in the IDC Financial Insights 2021 FinTech Rankings. ACI is ranked 19 on this international list of financial technology companies that were judged according to their global revenues attributed to financial institutions. Now in its 18th […]
New Data Shows Lack of Awareness Among Small to Medium-Size Businesses Regarding True Risk of Cyberattacks SAN FRANCISCO–(BUSINESS WIRE)–Embroker, the digital platform making it radically simple to get business insurance, today announced the availability of two new standalone digital insurance products: Cyber Insurance and Commercial Crime Insurance. Embroker insurance products, built digitally from the ground […]
Driven by Innovation and Premier Technologies, Radkl Will Focus on Proprietary Trading and Investing Strategies in Digital Asset Markets Point72’s Steven A. Cohen Has Agreed in Principle to be an Early Investor NEW YORK–(BUSINESS WIRE)–Radkl, a pioneering digital asset investment and proprietary trading firm, was launched by partners of GTS today. Point72’s Steven A. Cohen […]
An alliance that delivers true ‘People-Process-Technology’ transformation that helps global enterprises maximize their financial performance in the age of digital. HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, the Artificial Intelligence-powered Order-to-Cash and Treasury Management software leader, and Deloitte today announced a strategic alliance that will streamline the work of the Office of the CFO, using the HighRadius Autonomous Software platform. […]
LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its wholly owned subsidiary, Ault Alliance, Inc. (“Ault Alliance”), has taken delivery of 1,000 S19j Pro model Antminers (the “Antminers”). On February 1, 2021, the Company announced that it was resuming bitcoin mining through the acquisition […]
Customers can earn above-industry average savings rates while leveraging their deposits to fight climate change. BERKELEY, Calif.–(BUSINESS WIRE)–#banking–Atmos Financial, a climate fintech company leveraging bank deposits to finance the clean energy transition, launched a groundbreaking checking account today that empowers customers to use their cash deposits to reverse global warming. Bank deposits are among the […]
Experian Named to Top 15 in IDC FinTech Rankings Top 100 LONDON–(BUSINESS WIRE)–Experian has ranked #11 on the newly announced 2021 IDC FinTech Ranking, jumping from its previous position at #45. The FinTech Rankings is an annual ranking which highlights the top 100 global providers of financial technology. IDC also refers to Experian as a […]
Latest Innovations Supports Mental Health Awareness, Suicide Prevention, Social Distancing Efforts, Student Debt, and Food Insecurity in Higher Education PHOENIX–(BUSINESS WIRE)–#contactlesstransactions–As millions of college students are back at school amidst an ongoing pandemic and mounting student loan debt, Transact, the leader in innovative credential and payment solutions for a connected campus, continues to develop and […]
– Global capital market technology company LPA Group joins prestigious FinTech rankings – Annual ranking highlights top 100 global providers of financial technology LONDON–(BUSINESS WIRE)–LPA Group (“LPA”), the global capital market technology provider, announced it has joined the 2021 IDC FinTech Rankings. The 18th annual vendor ranking represents the leading hardware, software and service providers […]
TORONTO–(BUSINESS WIRE)–#bookkeeping—Paperstack, a Toronto-based FinTech company, today announced that it secured funding to develop technology-assisted bookkeeping and tax filing solution, meant specifically for Canadian freelancers. The product will allow self-employed professionals to track business expenses, find valuable tax deductions, remit GST/HST, and prepare annual tax returns – completely on autopilot. “The accounting industry hasn’t quite […]
BOSTON–(BUSINESS WIRE)–#Banking—ApexEdge, a partner-enablement platform that offers monthly bill and subscription management solutions to support the financial health of consumers, announced that it has been named as a finalist for “Best Embedded Finance Solution” as part of the 2021 Finovate Awards. As a finalist in the category, ApexEdge is recognized as “a fintech company that […]
TEL AVIV, Israel–(BUSINESS WIRE)–Five Sigma, an industry leading claims platform provider, has raised $12M in a Series A round led by 83North and featuring existing investors F2 Venture Capital and Pipeline Capital. New investors include Eyal Ofer’s O.G. Tech, Xceedance and iGlobe Partners. This brings the company’s total funding to date to $18M. Five Sigma […]
First Installations of TurnOnGreen’s EV Smart Charging Stations Scheduled to Begin Late September 2021 at Southern and Central California Locations LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its power electronics business, TurnOnGreen Inc. (“TurnOnGreen” or “TOGI”), formerly known as Coolisys Technologies Corp., has […]
VIENNA–(BUSINESS WIRE)–bunq, the app-based Dutch challenger bank, has partnered with leading specialised payments platform, Paysafe (NYSE: PSFE), to provide customers with access to cash services. Customers who prefer to use cash in their daily lives can now use Paysafecash, one of Paysafe’s eCash solutions, to conveniently add cash into their bunq accounts. The international roll-out […]
Temenos Infinity cited as “a great choice for banks looking for state-of-the-art business capabilities” and “forward-looking architecture”, by the Q3 2021 Digital Banking Engagement Platforms (DBEP) report Temenos attributes its Leader status to its Explainable AI technology and micro apps architecture which power hyper-personalized digital customer experiences faster Temenos Quantum “adds low code capabilities to […]
The Rail Working Group and Nexxiot to work together to drive complete digitization and security of worldwide cargo and rail assets ZURICH–(BUSINESS WIRE)–Governments and private freight rail operators have long recognized the need for cargo and freight wagon trackability and security, particularly when goods move across borders. Until now, a major impediment has been finding […]
LONDON–(BUSINESS WIRE)–#Investors–Algbra, a sustainable and values-focused digital finance provider dedicated to providing ethical finance solutions and promoting financial wellbeing, has attracted a wide range of high-profile backers. The Seed investment round, led by New World Group and SFC Capital earlier this year, was oversubscribed. Lord Philip Hammond, former Chancellor of the Exchequer and Foreign Secretary, […]
Initiative commits funds, time, and resources to support the advancement of underrepresented financial planners SAN FRANCISCO–(BUSINESS WIRE)–Financial education and services are unevenly distributed in the modern economy. Marginalized communities are apprehensive about working with financial systems or have been cut off from accessing opportunities to accumulate wealth. To expand financial literacy education and support the […]
ATLANTA–(BUSINESS WIRE)–#atlanta–MaxRewards, the first service that automates maximizing credit card rewards, cash back and benefits, announced today that it has raised a $3 million series seed funding round co-led by Dundee Venture Capital and Calano Ventures. Other investors in the round include Fintech Ventures Fund, Service Provider Capital and Nick Izquierdo, President at Fleetcor, a […]
Joint solution to be demoed at FinovateFall 2021 NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leading provider of digital identity verification and fraud solutions, and SpecTrust, a next-generation risk management platform, will offer the recently launched SpecTrust ROAM, a no-code fraud fighting platform, to work in conjunction with the industry-leading Socure ID+ digital identity verification and fraud solution. […]
– ePoster presentation highlights findings from a new post-hoc analysis evaluating efficacy and safety of the RHA® Collection – – Supports Revance’s commitment to ensuring safety and efficacy of aesthetic product portfolio among diverse patient populations – NASHVILLE, Tenn.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, today […]
Industry Veterans Virginia Harnisch, Glen Garofalo join Elinphant’s team of compliance experts CEO Elin Cherry credits Elinphant workers’ determination for firm’s successful growth during the pandemic NEW YORK–(BUSINESS WIRE)–#brokerdealer—Elinphant, the woman-owned international financial compliance consulting firm, marked its fifth anniversary, celebrating its growth from a one-person shop to a full-service operation providing more than 75 […]
PALO ALTO, Calif.–(BUSINESS WIRE)–AV8 Ventures has launched with $180 mn a second fund to back and empower entrepreneurs who are commercializing emerging technologies in AI-driven health, mobility and enterprise. AV8 Ventures has invested in 20 companies with a focus on the US since its launch in 2018. George Ugras, Managing Director at AV8 commented: “We […]
CAIS Platform manager Apollo to provide insights during CAIS’ exclusive alts track at SALT NY NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced that Apollo will be participating in the CAIS Alternative Investments Track at SALT NY. Apollo is a global alternative investment manager with more than $472 billion in AUM. “The CAIS […]
OLDWICK, N.J.–(BUSINESS WIRE)–The September issue of Best’s Review features an article written by Caribou Honig, chairman and co-founder of InsureTech Connect and partner at SemperVirens Venture Capital. Honig discusses why venture capital has been pouring into insurtech, and what it means for the future of insurtech and insurance. Discover why venture capital has quickly flocked […]
As the insurance value chain continues to get more complicated, brokers, carriers, core system vendors and insurtechs share their experiences and insights on how technology can help unravel this highly complex process. ATLANTA–(BUSINESS WIRE)–#coresystems—FINEOS Corporation (ASX:FCL) today announced its co-sponsorship with Vericred, of the inaugural GroupTech Connect, a unique event that will host a conversation […]
CALGARY, Alberta–(BUSINESS WIRE)–Paysend, the next-generation payment platform enabling customers and businesses all around the world to pay, hold and send money online anywhere, anyhow and in any currency, is now available to all Canadians. After completing a successful beta phase, Canadians can now use Paysend to send money internationally to over 120 countries. Featuring a […]
Redspin, the first Authorized C3PAO, reports steady growth and demand for its CMMC readiness and assessment services. AUSTIN, Texas–(BUSINESS WIRE)–$CTEK #cmmc—Redspin, a division of CynergisTek (NYSE American: CTEK), and the first organization authorized as a Cybersecurity Maturity Model Certification (CMMC) Third Party Assessor Organization (C3PAO), announces continued momentum for its CMMC readiness and assessment services […]
Sessions brought together Majesco and Utilant P&C customers to highlight the latest capabilities and future plans for Loss Control 360, integration with Majesco P&C Core Suite and AI/ML capabilities from the new Data and Analytics business MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the completion […]
APEX family of products designed to help businesses compete and grow in the marketplace SOUTHLAKE, Texas–(BUSINESS WIRE)–#agilefinancialsystems–Agile Financial Systems (AFS), an integrated financial solution provider, is excited to announce the release of APEX, an innovative suite of products geared to help businesses operate more efficiently through card present POS, mobile, virtual terminal, and ecommerce transactions. […]
New Consultancy Exclusively for Climate Tech Companies and Initiatives is Led by Josh Garrett, a PR Professional with 17 Years Experience and Masters in Environmental Science and Policy from Columbia University. NEW YORK–(BUSINESS WIRE)–Redwood Climate Communications launched today to bring a uniquely impact-focused approach to public relations for climate tech startups, companies, and corporate initiatives. […]
Global leaders in technology, financial services and consumer goods will pioneer growth of socially aware money market fund NEW YORK–(BUSINESS WIRE)–BlackRock announced it will partner with the Thurgood Marshall College Fund (“TMCF”) to support students of Historically Black Colleges and Universities (“HBCUs”) and Predominantly Black Institutions (“PBIs”) in their journey to college and into upwardly-mobile […]
West Des Moines-based firm increases capacity, fosters collaborative environment DES MOINES, Iowa–(BUSINESS WIRE)–LenderClose, a real estate and home equity lending technology platform, expanded its headquarters to accommodate current and future growth. By increasing the size of the current workplace, the lending platform provider will grow floor space and capacity while prioritizing collaborative workspaces. “LenderClose has […]
Next Gen VAM Delivers Single Global View, Flexibility and Full Integration into CashPro and FX Platforms LONDON–(BUSINESS WIRE)–Following a multi-year investment, Bank of America has launched the next generation of its global Virtual Account Management (VAM) solution to address the growing complexities that treasurers face today when managing global operations. “Business growth can make cash […]
Single ascending dose administration of CALY-002 to Healthy Volunteers successfully completed Dr Jos G.A. Houbiers MD, PhD joins Calypso Biotech as Chief Medical Officer Fountain Healthcare Partners join existing investors to extend Series A financing Proceeds to accelerate development of CALY-002 for auto-immune diseases including Celiac Disease, Eosinophilic Esophagitis and Dermatology AMSTERDAM–(BUSINESS WIRE)–Calypso Biotech, a […]
ACI Enterprise Payments Platform provides foundation for MDT Innovations to support digital platforms across Southeast Asia with real-time payments capabilities MIAMI & KUALA LUMPUR, Malaysia–(BUSINESS WIRE)–#digitalpayments—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time payments and digital payment software solutions, today announced that MDT Innovations Sdn Bhd (MDTi) has strengthened its payments capabilities with […]
