Business Wire


Vimly® Benefit Solutions Secures Financing to Fuel Innovation and Growth

MUKILTEO, Wash.–(BUSINESS WIRE)–Vimly Benefit Solutions, the HRIS BenTech platform that provides a digital quote-to-card experience for carriers, third-party administrators, general agents, brokers, employers, and employees, announces the closing of a growth equity financing round led by MK Capital. This new partnership with MK Capital allows Vimly to build on its momentum within the group health […]

Tipalti Announces Solutions to Wipe Out Maverick Spend and Streamline Purchasing at Its Inaugural Conference, Tipalti Illuminate

B2B fintech company continues global expansion with the UK office as the first location for Tipalti Europe SAN MATEO, Calif.–(BUSINESS WIRE)–Tipalti, a global payables automation company, unveiled new innovations including integration of its current Procurement and Payables solution and a corporate payment card at Illuminate, its inaugural user conference, to help high-velocity companies control costs […]

Brex Opens to Global Startup with Operations in the US

SAN FRANCISCO–(BUSINESS WIRE)–U.S. fintech company Brex, the company redesigning finance for growing businesses, today announced that global startup founders with US businesses and operations will now be able to access all of the company’s products and services. While startups historically have chosen to establish themselves in Silicon Valley, the startup landscape has been transitioning over […]

Andrews Federal Taps Wise to Power International Money Transfers

Digital integration aimed to save U.S. Military members abroad with fast, cheap and convenient self service remittance offering SUITLAND, Md. & NEW YORK–(BUSINESS WIRE)–Andrews Federal Credit Union (Andrews Federal) and Wise today announce a new digital remittance integration set to save money for members of the Armed Forces – especially those stationed overseas – directly […]

225 of Kasasa’s Financial Institution Clients Select Industry-Leading Identity Verification and Fraud Platform from Socure

The upgrade ensures Kasasa clients experience the benefits of identity verification accuracy and increased approval rates at account opening while reducing fraud AUSTIN, Texas & NEW YORK–(BUSINESS WIRE)–Kasasa®, an award-winning financial technology and marketing provider, and Socure, the leading provider of digital identity verification and fraud solutions, today announced that 225 of Kasasa’s INMO® clients, […]

SmartHop Debuts Mobile App For Truckers, Announces Two Key Hires

Fast-growing full-service dispatch company launches first mobile app to ease load booking from the road; welcomes new executives as headcount triples MIAMI–(BUSINESS WIRE)–SmartHop, the total dispatch solution that enables businesses to truck smarter not harder, today launched its first mobile application to help truckers book the best loads for their business from the comfort of […]

Lively Raises $80 Million Series C to Make HSAs the Next 401(k)

Fastest growing HSA expands offerings to top financial institutions and employers SAN FRANCISCO–(BUSINESS WIRE)–#HSA—Lively, Inc., creators of the modern health savings account (HSA), today announces an $80 million Series C round led by B Capital Group, with participation from Telstra Ventures and existing investor, Costanoa Ventures. This brings the company’s total funding to more than […]

RadiantESG Selects STP Investment Services as End-to-End Operational Services Provider

WEST CHESTER, Pa.–(BUSINESS WIRE)–#BluePrint—STP Investment Services, a global financial technology company offering front, middle and back-office support, as well as investment operations outsourcing servicing more than $340 billion in total assets, has been selected by RadiantESG Global Investors to act as its all-inclusive operational services and platform solution. Through its newly launched, cloud-based Blueprint™ offering, […]

Optiver Announces Principal Strategic Investments Team

CHICAGO & AMSTERDAM–(BUSINESS WIRE)–#Blockchain–Optiver, a leading global market maker, is pleased to announce the launch of its corporate strategic investment initiative, Optiver Principal Strategic Investments (PSI). For more than 35 years, Optiver has been committed to improving global financial markets at every stage, for all parties involved. Through Optiver PSI, the firm seeks to build […]

CompoSecure Announces General Availability and Shipping of Its Arculus KeyTM Card for $99, Enabling Consumers to Manage Cryptocurrency in One Secure Place

The simple cold storage wallet secures the world’s most popular cryptocurrencies with 3-factor authentication, protecting consumers from hacking and theft SOMERSET, N.J.–(BUSINESS WIRE)–$DBDR #3FA–CompoSecure, L.L.C. (“CompoSecure”), a leading provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, today announced it has begun shipping its Arculus KeyTM card, the next […]

SAVVYY Brings the Future of Lending to Canadian Banks; Appoints Duncan Hannay to Board of Directors

TORONTO–(BUSINESS WIRE)–Today, SAVVYY, a Canadian-based technology leader in lending software solutions and infrastructure, announces Duncan Hannay has joined its Board of Directors. Currently President and CEO of Ontario Lottery and Gaming (OLG) Corporation, Hannay has previously held senior roles at Street Capital Bank of Canada, Finastra, Scotiabank and E*TRADE Financial. During his time as COO […]

Global Processing Services Raises Over US$300 Million to Accelerate Technology Development and Global Growth

Global API-first payment technology platform powers the world’s leading fintechs, including Revolut, Curve, Starling Bank, Zilch, WeLab Bank and Paidy Investment from Advent International and Viking Global Investors provides deep payments and fintech experience and capital; follows strategic investment by Visa in 2020 Company intends to use investment to accelerate technology investments in product innovation […]

Temenos Selected by Green Dot to Help Build and Power the Digital Bank and Fintech’s Cloud-Based Processing Platform

The Temenos Banking Cloud will enable greater features, functionality and scalability on a more streamlined, secure platform for Green Dot’s direct and banking platform services’ customers GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company, today announced that Green Dot Corporation (NYSE: GDOT) has enlisted The Temenos Banking Cloud as its platform of choice to power […]

Food Express Implements Cantaloupe Inc.’s Seed® Platform and Sees Significant Improvements Within First Six Weeks

Customer Optimizes Its Business with Cantaloupe Inc.’s Seed® Pro and Seed Office® Solution, Sees 97% Increase in Average Collections Per Visit MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #autonomousretail–Today, Cantaloupe Inc., (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, announced that Food Express has […]

Socure Announces the Launch of Its Public Sector Business with a Mission to Improve Access to Government Digital Services and Eliminate Fraud

NEW YORK–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, today announced the launch of its public sector business led by identity industry veteran and public sector expert Matt Thompson, who was recently named to the newly created role of General Manager of Public Sector Solutions for Socure. Socure enables government agencies […]

ZSuite Closes Out Third Quarter Record Growth, Expanded Product Suite

–More than 3,500 businesses leverage provider’s digital tools, surpasses $40 million in deposits– WESTWOOD, Mass.–(BUSINESS WIRE)–#ZDeposit—ZSuite Technologies, a financial technology company that powers financial institutions with digital escrow products for specific commercial verticals, today announced it closed out the third quarter with record growth in terms of new customers and revenue. To date, the provider […]

This October, Pave Finance Is Launching an Investment Advisor Empowering Everyone to Manage Their Money Like a Billionaire

NEW YORK–(BUSINESS WIRE)–#equality–In March of 2020 as the Covid-19 pandemic swept through New York City, Pascal Cevaer-Corey, Pave Finance’s co-founder and CEO, was becoming increasingly concerned about wealth inequality. His frustration surrounding the lack of access everyday people had to high-quality financial tools had been growing steadily over his tenure as a McKinsey consultant. “I […]

Signature Federal Credit Union and Five County Credit Union Implement DeepTarget to Provide Member-Specific Digital Engagements and Personalized Financial Stories

HUNTSVILLE, Ala.–(BUSINESS WIRE)–DeepTarget Inc., a solution provider that utilizes data mining and business intelligence to deliver targeted engagements across digital channels for banks and credit unions, today announced that Alexandria, Va.-based Signature Federal Credit Union and Bath, Maine-based Five County Credit Union, have successfully implemented its Digital Experience Platform (DXP). The credit unions utilize DeepTarget’s […]

Customer FullscopeRMS Transforms its Business with Majesco and Salesforce

Majesco Recognized in Salesforce Partner Innovation Awards MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco announced that it has helped customer FullscopeRMS transform its business by implementing the first absence management product to the reinsurance industry, Majesco ClaimVantage Absence Management. For this innovative work, Majesco has been named a recipient of the 2021 Salesforce Partner Innovation Award in Financial Services. […]

Ampla Secures $250 Million Commitment to Accelerate Growth of Tech-Enabled Lending Platform

NEW YORK–(BUSINESS WIRE)–Ampla Technologies (together with its affiliates, “Ampla” or the “Company”), a leading provider of tech-enabled financing solutions for emerging consumer brands, today announced it has raised $250 million through its entry into a credit facility agreement with Atalaya Capital Management LP (“Atalaya”), a New York-based alternative asset management firm. The additional capital positions […]

Yieldstreet Inks Deal With New York Giants

New York-based next generation alternative investment platform signs multi-year agreement to become Official Alternative Investing Platform of NFL team NEW YORK–(BUSINESS WIRE)–The New York Giants and Yieldstreet, a prominent New York-based FinTech platform, announced today a first-of-its-kind exclusive partnership making Yieldstreet the Official Alternative Investment Platform of the New York Giants. Yieldstreet, which seeks to […]

Bank First Launches Teslar Software to Streamline Commercial Lending

$2 billion-asset bank leveraged fintech during PPP, expands partnership to boost efficiencies across broader commercial lending strategy SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, announced today that Bank First has implemented its sophisticated portfolio management tools, centralizing processes and increasing transparency […]

Greenwood to Launch New iHeartRadio Podcast “Money Moves”

“Money Moves” will promote financial literacy and empower the next generation of minority entrepreneurs ATLANTA–(BUSINESS WIRE)–Greenwood, the digital banking platform for Black and Latino individuals and business owners, today announced the launch of its iHeartRadio Original Podcast “Money Moves.” The new daily audio podcast will be hosted by tech businesswoman, investor, and philanthropist, Tanya Sam […]

Aspiration Launches Up To 5.00% APY Interest Rate on Fossil Fuel Free Deposits to Mark National Savings Day and This Month’s UN Climate Conference

With Aspiration, members save money while saving the planet LOS ANGELES–(BUSINESS WIRE)–$IPVF—Aspiration, the global leader in “Sustainability as a Service” products for consumers and companies, announced today new “Save Money, Save the Planet” offerings that will mean up to 3.00% APY interest on its Spend & Save accounts and 5.00% APY interest rate for Aspiration […]

Cybernance Brings Audited, Certified Cyber Risk Scores to Banks and Credit Unions Through Finastra’s FusionStore

App enables banks and credit unions to tap into capabilities to help meet regulatory requirements for cyber risk AUSTIN, Texas–(BUSINESS WIRE)–#banking—Cybernance Corporation today announced that the Cybernance Platform is now available through Finastra’s FusionStore. The app enables Finastra bank and credit union customers to tap into capabilities to help meet regulatory requirements for managing cyber […]

Mogo Partners with CI Investment Services on MogoTrade Commission Free Stock Trading App

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced a new partnership with CI Investment Services Inc. to provide a range of back office services to support MogoTrade, Mogo’s upcoming commission free stock trading app. CI Investment Services is a leading Canadian broker-dealer that […]

SynBiotic SE Plans Canadian Cross-Listing

MUNICH–(BUSINESS WIRE)–The cannabis company SynBiotic SE (ISIN: DE000A2LQ777 / WKN: A2LQ77), already listed on the Frankfurt and Düsseldorf stock exchanges, is now to be listed on the Canadian NEO Exchange in Toronto – a new FinTech stock exchange that has been revolutionizing the market since 2014, offering modern services across the capital market. The Board […]

Digital Wealth Management Fees to Increase Threefold to $12.6 Billion By 2026

JP Morgan Identified as Leading Champion in Wealth Management Market LONDON–(BUSINESS WIRE)–#Blackrock–Total fees generated from digital assets under management will reach $12.6 billion by 2025, a more than threefold increase on the 2020 figure of $4 billion, according to fintech and payments research specialists Kaleido Intelligence. According to Kaleido’s new report, Digital Wealth Management Strategies […]

Revance Announces the Launch of OPUL™, the First-of-its-Kind Relational Commerce Platform for Aesthetic Practices

-OPUL is an end-to-end, cloud-based payment platform designed to cultivate long-term customer relationships and optimize business operations for aesthetic practices- NASHVILLE, Tenn.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, today announced the launch of OPUL™, the first-of-its-kind Relational Commerce Platform that combines seamless, simple and smart payment […]

RV Depot to Deploy Scienaptic’s AI-Powered Credit Decisioning Platform

NEW YORK–(BUSINESS WIRE)–Leading AI-powered credit decisioning disruptor, Scienaptic announced that RV Depot has selected their credit decisioning platform. This will enable the company to make stronger credit decisioning through transformative technology powered by AI. Established in 1990, RV Depot is a Texas-based, family-owned RV dealership that offers new and used travel trailers, fifth wheels, toy […]

Mbanq Signs with Temenos to Launch World’s First Credit Union-as-a-Service and Accelerate Banking-as-a-Service in US Market

Temenos partners with Silicon Valley-based Mbanq to power innovative Credit Union-as-a-Service (CUaaS) offering for US Credit Unions, a market estimated at $3.6bn annually Mbanq’s CUaaS, powered by The Temenos Banking Cloud, enables Credit Unions to gain faster time to market with cutting-edge digital financial services for members at a reduced total cost of ownership CUaaS […]

EMTECH and Hedera Hashgraph Join Forces for Highly Performant, Trusted and Energy Efficient Central Bank Blockchain Infrastructure

NEW YORK & DALLAS–(BUSINESS WIRE)–#cbdc—EMTECH, an award-winning software company modernizing central banking infrastructure for financial inclusion and resilience, with blockchain-based platforms, and Hedera Hashgraph, provider of the most used, sustainable, enterprise-grade public network for the decentralized economy, announced today a partnership to develop an enterprise-grade, highly performant, highly secure and energy efficient CBDC (Central Bank […]

Featurespace™ Wins 2021 IDC FinTech Rankings Real Results Award for Next Generation Payments

CAMBRIDGE, England & ATLANTA & SINGAPORE–(BUSINESS WIRE)–Featurespace™, the global leader in Enterprise Crime Prevention software, has received the Next Generation Payments award for Payments Risk and Fraud Transformation from IDC in the 2021 FinTech Rankings. The award recognises technology providers that enable a genuine and measurable change for financial institutions. Featurespace won the Next Generation […]

Crawford & Company® Releases SaaS Offering of Fully Digital Estimate Management and Claims Processing Tool

ATLANTA–(BUSINESS WIRE)–Crawford & Company® (NYSE: CRD-A and CRD-B), Crawford & Company® (NYSE: CRD-A and CRD-B), the world’s largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporations, announces the SaaS release of Asservio, a leading-edge automated and digitized platform that optimizes efficiency in estimate management and claims processing. Building […]

Bank of Sun Prairie Partners with 360 View to Empower Their Customer Relationship-Focused Culture

Wisconsin’s locally-owned Bank of Sun Prairie signs on to 360 View’s CRM platform to add a new set of relationship tools in keeping with their commitment to innovative banking solutions with a customer-centered focus. 360 View will provide the more-than-a-century old Dane County bank with a continuously updating view of each customer through their base […]

FeeX and Advyzon Announce Integration to Help Advisors Manage Clients’ Held Away Assets

Technology partnership enhances Advyzon users’ management of clients’ 401(k), 403(b), HSA accounts and more NEW YORK & CHICAGO–(BUSINESS WIRE)–FeeX, a Fintech company that enables financial advisors to trade and manage held away assets, today announced a technology integration and partnership with Advyzon, an all-in-one, cloud-based financial advisor technology platform. Bringing together the two platforms will […]

Best’s Review Examines the Latest Auto Insurtech Developments in October

OLDWICK, N.J.–(BUSINESS WIRE)–Best’s Review reports on which companies are moving forward in the auto insurtech space in “Maturing Auto Insurtech Segment Looks to Highlight Shopping Options, Education to Grow.” In addition to an overview of who’s who in this sector, the article discusses two important emerging opportunities for players in this market: awareness shopping options […]

GeoWealth Adds Franklin Templeton Models to Its Platform

Multi-asset solutions will support and further the adoption of third-party investment offerings by RIAs CHICAGO–(BUSINESS WIRE)–#Advisors—GeoWealth, a modern turnkey asset management program (TAMP) built for advisors, today announces the availability of Franklin Templeton Model Portfolios, on its platform. GeoWealth’s open-architecture platform supports both advisor-managed and third-party model portfolios, enabling RIAs to achieve and maintain scale […]

Lili Named to the 2021 CB Insights Fintech 250 List of Top Fintech Startups

Lili, the all-in-one financial app for the freelancer community, receives this honor for its achievements and innovation in digital banking NEW YORK–(BUSINESS WIRE)–#freelance—CB Insights today named Lili to the fourth annual Fintech 250, a prestigious list highlighting emerging private companies that create groundbreaking financial technology. This year’s list was unveiled on stage at CB Insights’ […]

Skyflow Launches Fintech Data Privacy Vault

Zero-trust Data Vault with a Simple API for PII and PCI Data Ensures Privacy, Security and Compliance to Help Fintechs Ship Faster Deploys in less than a day to support modern financial use cases, including money movement, card issuance, card acceptance, customer onboarding, and customer data management Designed for data residency and available in North […]