Business Wire


Balance Raises $25 Million Series A to Digitize Payments for B2B Ecommerce

Led by the leading global fintech fund Ribbit Capital, the investment includes some of the biggest names in fintech and will accelerate Balance’s mission of moving global B2B trade online. SAN FRANCISCO–(BUSINESS WIRE)–Balance, the payments experience platform for B2B eCommerce, today announced it has raised $25 million in Series A funding led by Ribbit Capital, […]

Credijusto and i2c Partner to Offer Feature-Rich Credit Card for Mexico’s Small and Medium-Sized Enterprises

Collaboration enables innovative commercial credit solutions REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with Credijusto, the leading technology-enabled small business lender in Mexico, to provide frictionless credit solutions for the country’s small and medium-sized enterprises (SMEs), through the forthcoming launch of the Covalto American […]

Brex Launches Brex Venture Debt to Help Existing Customers Scale

Brex’s brand new offering will provide venture debt to high-performing companies SAN FRANCISCO–(BUSINESS WIRE)–U.S. fintech company Brex, the all-in-one finance solution for growing businesses, today launched Brex Venture Debt, a new product that gives select customers access to debt financing. Brex already offers credit cards, cash management accounts, spend management, and bill pay software together […]

Flueid Expands Platform to Fuel Purchase Transactions

Company trialing all-new Purchase product to power decision-making and eliminate title-related closing delays. Pilot program is the first milestone in unlocking a truly automated and expedited title commitment for the purchase sector. AUSTIN, Texas–(BUSINESS WIRE)–Flueid, the leading independent technology company fueling digital real estate transactions, today announced the pilot launch of its Purchase product via […]

Independent Restaurants Can Streamline Operations of Online Orders Through New Clover and Grubhub Integration

Integration offers restaurants an opportunity to increase order volumes while aggregating inventory, menu, and order management via the Clover platform BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, including the Clover® point-of-sale and business management platform, and Grubhub, (NASDAQ: GRUB), a leading U.S. food-ordering and delivery marketplace, […]

Clair Announces Launch of New Website and Branding

Following SOC 2 certification, social impact fintech continues investments in internal capabilities to provide financial freedom to hourly workers NEW YORK–(BUSINESS WIRE)–#branding—Clair, a social impact financial technology company that partners with HR tech platforms to offer on-demand pay to America’s workers, announced the launch of its new website and branding today. The revamped website features […]

Cybersecurity Financial Services Industry Expert Perry Menezes Joins MorganFranklin Consulting

Addition of Experienced Industry Veteran Continues to Strengthen Cybersecurity Practice to Help Clients Meet Growing Financial Industry Regulations and Threats WASHINGTON–(BUSINESS WIRE)–MorganFranklin Consulting, a leading finance, technology, and cybersecurity advisory and management consulting firm that specializes in solving complex transformational challenges for its clients, today announced the addition of financial services industry expert Perry Menezes […]

SRAX Partners with S3 to Integrate Short Interest Data into Sequire Platform

LOS ANGELES–(BUSINESS WIRE)–$SRAX #S3Partners–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has collaborated with S3 Partners, a leading financial data and analytics provider that institutional investors rely on to make better informed decisions, to provide Sequire users information on how short […]

The First Mortgage Lender to Offer Significant Discount to Vaccinated Applicants

Applicants may now receive a $500 discount on home financing through Neat Capital’s digital mortgage lender entity Neat Loans. BOULDER, Colo.–(BUSINESS WIRE)–Neat Capital, a Boulder-based fintech company, today announced its vaccinated clients may now receive a $500 discount on home financing through its digital mortgage lender entity Neat Loans. “We believe Neat is the first […]

InShare Sees Growth With Efforts To Empower The Sharing Economy Through Innovative Insurance Options

InShare is developing innovative approaches to insurance: lowering costs, enabling growth and providing protection for workers SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Traditional insurance carriers and products frequently fail to meet the needs of the fast-moving mobility industry. InShare, a company bringing game-changing innovation to lower insurance costs and enabling companies to provide affordable protection, is announcing an increase […]

Shares.io Reveals Unique $10M Pre-product Seed Round and Imminent Launch of Europe’s First Social and Investing App

~ Shares.io today announces the next stage of its journey to deliver “investing made social” as waitlists open for UK launch in Autumn, expected Europe-wide early 2022 ~ ~ One of Europe’s largest-ever seed rounds, $10 Million USD pre-product and previously unannounced funding also revealed, to build social-first consumer app with no-minimum, no-fees access to […]

LifeYield Integrates Powerful Retirement Income Optimizer With Franklin Templeton

Tech upgrades deepen wealthtech leader’s 13-year relationship with global investment manager BOSTON–(BUSINESS WIRE)–LifeYield has enhanced its long-standing partnership with Franklin Templeton by upgrading LifeYield’s Social Security+ with Income Layers, which is designed to improve retirement outcomes and quantify the client’s financial benefits. Franklin Templeton’s Social Security Optimizer, already powered by LifeYield’s technology, will now add […]

FinFit Life Celebrates Company Growth and Announces Plans for the Year Ahead

The fintech insurance company becomes one of the industry’s fastest growing companies with plans of expanding its National footprint NASHVILLE, Tenn.–(BUSINESS WIRE)–Many companies and industries are still in recovery mode due to the ongoing COVID-19 pandemic. However, insurance startup FinFit Life, a network of independent contractors who promote ‘financial fitness’ as a pillar of health […]

GeoWealth Enhances State-of-the-Art Advisor Service Center

The modern, intuitive platform, which features Automated Account Opening and additional Model Management features, provides a seamless, efficient user experience for RIAs CHICAGO–(BUSINESS WIRE)–#Advisors—GeoWealth, a modern turnkey asset management program (TAMP) built by advisors for advisors, is pleased to introduce new features of its new Advisor Service Center, which first launched in early 2020. Additional […]

Astra Inc. Reports Record Annual Growth of 392% for Automated Transfers and Scales Customer Base By 10x in Q2 2021

SAN FRANCISCO–(BUSINESS WIRE)–Astra, a technology company that offers advanced bank-to-bank transfer solutions, today announced record-breaking volume growth of 392% as it continues to provide faster and more reliable transfers through a single API integration. Since the launch of Astra’s Automated Bank Transfer API earlier this year, Astra completed more than $20 million of automated transfers […]

Wolters Kluwer Completes ClosingCenter Integration With ICE Mortgage Technology

Integration to deliver new capabilities to simplify and accelerate digital lending process MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer—Wolters Kluwer Compliance Solutions has completed its latest ClosingCenter integration. The latest integration is with ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure. The integration leverages the ICE Mortgage Technology […]

Lincoln Financial Group Adds New Globally Diversified Index to Flagship Fixed Indexed Annuity to Help Address Inflation and Market Volatility

Investors have added control to help mitigate loss and inflation while leveraging worldwide markets through Lincoln OptiBlend® with BlackRock Dynamic Allocation Index RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial Group (NYSE: LNC) is expanding its flagship fixed indexed annuity product, Lincoln OptiBlend®, to include the BlackRock Dynamic Allocation Index. The index’s global allocation provides investors with greater diversification […]

DataArt Announces Major Expansion, Including Two New International Offices in Kazakhstan and Georgia, and Additional Development Centers in Bulgaria, Poland, and Russia

NEW YORK–(BUSINESS WIRE)–#finance–DataArt, a global software engineering firm, today announced that it expanded global operations in Europe and Central Asia – launching new offices in Almaty, Kazakhstan, and Tbilisi, Georgia, as well as expanded in existing locations with new R&D centers in Poland, Bulgaria and Russia. This expansion is a direct response to rapidly growing […]

TruMark Financial® Credit Union Partners with NCR Corporation to Support Digital Transformation

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider, today announced that $2.7-billion asset TruMark Financial Credit Union has selected NCR to provide a more seamless, consistent digital banking experience to its retail and business members. The credit union recognized that a strong digital banking partner was a critical piece of its overall digital […]

Hamilton Reserve Bank Completes Temenos End-to-End Digital Transformation

Hamilton Reserve Bank implements Temenos technology to add one million new customers Hamilton Reserve Bank chose Temenos’ cloud-native core banking, payments, and digital banking technology to accelerate growth, automation, elastically scale and enhance efficiency GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (www.temenos.com, SIX: TEMN), the banking software company, today announced that Hamilton Reserve Bank (www.hrbank.com, SWIFT: NIBTKNNE), a leading […]

Selecta Group and Fiserv to Roll Out Cashless Payments Across Europe

Selecta serves more than 10 million people every day BROOKFIELD, Wis. & CHAM, Switzerland–(BUSINESS WIRE)–#cashless—Selecta Group, Europe’s leading route-based self-service retailer offering coffee and convenience food solutions in the workplace and in public spaces, is partnering with Fiserv, Inc., (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, to commence the […]

TORG Integrates with Cryptocurrency Payment Processor, CoinPayments

World’s first utilimeme readies for global payments for goods and services DUBAI, United Arab Emirates–(BUSINESS WIRE)–$TORG #CoinPayments–The philosophy behind TORG, the world’s first utilimeme, is simple: what good is a currency without the people who will use it? Since its inception, TORG has been committed to enabling utility-focused use cases that serve common financial needs […]

Lafayette Federal Credit Union Selects Bankjoy for Full Digital Banking Suite, Pilots Business Banking Platform to Improve Member Experience

$1 billion credit union adds new solutions and taps latest business banking platform to deliver superior digital tools, drive loyalty among business members DETROIT–(BUSINESS WIRE)–Digital banking provider Bankjoy has signed Washington, D.C.-based Lafayette Federal Credit union for its full digital banking suite to improve the overall experience for both its members and the credit union […]

Breef, the First Platform to Source and Fund Agency Projects, Secures $3.5 Million in New Investment Led by Greycroft

With a “Buy Now, Pay Later” Approach, Brands can Plan, Scope and Find Vetted Agencies Online NEW YORK–(BUSINESS WIRE)–#boutiqueagencies–Breef (www.breef.com), the world’s first online marketplace for high-value, high-consideration transactions between brands and agencies, has announced $3.5 million in funding led by Greycroft. With prior investment, this round takes Breef’s total funding to $4.5 million. Founded […]

DeepTarget and MEA Financial Expand Partnership to Offer AI-Powered Financial Stories

NASHVILLE, Tenn.–(BUSINESS WIRE)–DeepTarget Inc., a solution provider that utilizes data mining and business intelligence to deliver targeted engagements across digital channels for financial institutions, today announced at the MEA & REDi Annual Users Group an extension of their partnership with MEA Financial, a national leader in the provision of innovative software solutions to the financial […]

TORG, the World’s First Utilimeme Spreads Its Wings

Cryptocurrency TORG goes live on multiple crypto exchanges DUBAI, United Arab Emirates–(BUSINESS WIRE)–#TORG–It’s #TORGTime. TORG (www.torg.to), the world’s first utilimeme, a futuristic utility-focused cryptocurrency, has made its trading debut on twelve cryptocurrency exchanges. At the press time, the following centralised exchanges (CEXs) have listed TORG: BitMart HotBit.io WhiteBit ProBit Bibox CoinsBit Global CoinsBit India LA […]

ADDING MULTIMEDIA FinTech Collective Raises $250 Million, Launches Dedicated Digital Assets Strategy

$50 Million Earmarked for Decentralized Finance NEW YORK–(BUSINESS WIRE)–FinTech Collective, a venture capital firm focused on creating the future of financial services by investing across traditional fintech and emerging digital assets, today announced fundraises for its existing early-stage strategy and for its new strategy focused on decentralized finance (DeFi). FinTech Collective raised a combined $250 […]

Better Expands Real Estate Services to Alabama and Michigan, Further Developing Nationwide Adoption of its End-to-End Digital Homeownership Platform

Expansion Marks the 16th State in Better Real Estate’s Rapid Growth and Comes on the Heels of Surpassing 250 Full-Time Salaried Agents, with Plans to Hire 500 by November NEW YORK–(BUSINESS WIRE)–Better, one of the fastest-growing digital homeownership companies in the United States, announced today the expansion of its real estate arm, Better Real Estate […]

Frontier Investment Corp Announces that its Ordinary Shares and Warrants to Commence Separate Trading on or about August 21, 2021

NEW YORK–(BUSINESS WIRE)–Frontier Investment Corp. (“the Company” or “Frontier”) (NASDAQ: FICVU), a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced that holders of the Company’s units may elect to separately trade the ordinary […]

Best’s Review Pre-Releases September Content

OLDWICK, N.J.–(BUSINESS WIRE)–Best’s Review has released preview content of next month’s issue. Find out what is covered in September’s Best’s Review: In “The Evolution of Work: Our Post-Pandemic Return to the Office,” Tony Kuczinski, chief executive officer of Munich Re U.S. P&C, discusses some of the issues facing insurers as companies begin to consider plans […]

Flueid Awarded Patent for Its Leading Real Estate Transaction Technology

The patented Flueid Decision platform features a multi-tenant architecture that delivers greater control and security for clients over their transaction workflow. Released in mid-2020, the Flueid Decision platform is the only independent system that embeds data and insights on title search decisions into core operating systems to fuel expedited decision-making across key milestones in the […]

Nerve, World’s First Neobank Created for Musicians Launched

— Mobile application merges data from streaming revenue sources, meets unique business needs of music professionals — See: https://youtu.be/w6VD6GaagVg AUSTIN, Texas–(BUSINESS WIRE)–#bankformusicians–The music business deserves music banking. Today, Nerve announces the first neobank created specifically for musicians. Nerve’s revolutionary mobile app merges user experience and financial technologies to help artists build stronger communities and sustainable […]

Orion Offers Free Financial Planning Tech For All Advisors With Pro Bono Clients

Zero-cost planning tools and data aggregation help advisors volunteer life-changing service OMAHA, Neb.–(BUSINESS WIRE)–To encourage advisors to volunteer their expertise in a time of extraordinary need, Orion Advisor Solutions now offers Orion Planning, an intuitive, modern financial planning tool for advisors, free of charge to all advisors serving pro bono clients, regardless of whether they […]

Morgan Stanley Selects 8 Startups for 6th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

The Summer 2021 Multicultural Innovation Lab (MCIL) Cohort includes the following companies that have innovative strategies across sectors such as fintech, healthcare, media, marketplace, retail tech and enterprise software: Cognicor, Fyt Personal Training, Lifesaver, MedTrans Go, Playlister Club, Productions.com, Sozie and Stimulus MCIL portfolio companies reach a $450M+ combined valuation and have raised $80M+ in […]

Bank of America Sets Company Record for Patents Granted During First Half of 2021

One of the company’s employees who was among those granted patents is one of the top inventors in the world CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced it has recorded the most patents granted in the first half of any year in the company’s history. The U.S. Patent Office (USPTO) granted the bank 227 patents […]

Guidewire Acquires HazardHub, a Leading Insurtech Provider of API-Driven Property Risk Insights

HazardHub’s unique risk API service, derived from comprehensive U.S. property and hazard data, enhances the power of the Guidewire Platform and accelerates innovation in the P&C Industry SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #SaaS–Guidewire Software, Inc. (NYSE: GWRE) has acquired HazardHub, a leading insurtech provider of API-driven property risk insights to the P&C insurance industry. HazardHub powers […]

Mosaic Insurance and DXC Technology Launch Innovative Technology Platform for Specialty Insurance

Artificial intelligence underwriting support, blockchain-enabled access to real-time data, and advanced automation will significantly increase the speed at which specialty insurance can be sold, underwritten and serviced HAMILTON, Bermuda & TYSONS, Va.–(BUSINESS WIRE)–Mosaic Insurance and DXC Technology (NYSE: DXC) today announced the successful launch of an innovative new insurance technology platform that increases the speed […]

FinTech Collective Raises $250 Million, Launches Dedicated Digital Assets Strategy

$50 Million Earmarked for Decentralized Finance NEW YORK–(BUSINESS WIRE)–FinTech Collective, a venture capital firm focused on creating the future of financial services by investing across traditional fintech and emerging digital assets, today announced fundraises for its existing early-stage strategy and for its new strategy focused on decentralized finance (DeFi). FinTech Collective raised a combined $250 […]

Adastra and PaymentComponents Partner to Offer Transformative Open Banking and Payments Solutions in Canada and the USA

TORONTO–(BUSINESS WIRE)–Adastra, a leading Global Data & Analytics solutions provider, and PaymentComponents, a global leader in B2B payments and fintech solutions, have entered into a strategic alliance to enable Open Banking and Payments Capabilities in Canada and the USA. Open Banking, a growing global standard in the industry, provides financial institutions open access to customer […]