Techwire


Sensibill Wraps 2020 in High Growth Mode, Prepares for Continued Momentum in 2021

Toronto-based fintech landed big names on both the client and employee side last year, expanding scale and preparing for increased growth ahead TORONTO–(BUSINESS WIRE)–Sensibill, the leading provider of everyday financial tools and SKU-level insights that drive personalization and help make financial wellness attainable for all, concluded 2020 with significant growth and development across the organization, […]

Oldest African-American-Owned Bank in the U.S. Selects CSI Core to Offer Digital Suite of Services

  PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Nashville, Tennessee-based Citizens Savings Bank and Trust Co. (Citizens Bank) has selected its NuPoint® core platform to further the bank’s mission of fostering the economic advancement of minorities and consumers who are largely underserved in the […]

Top Mobile Payment Service Providers in Select Asian Countries – Amid the COVID-19 Pandemic, Asian Consumers Prefer Local M-PSPs

Dublin, Jan. 05, 2021 (GLOBE NEWSWIRE) — The “Top Mobile Payment Service Providers in Select Asian Countries 2020 and their Reaction to the COVID-19 Crisis” report has been added to ResearchAndMarkets.com’s offering. Altogether, despite cash still being the king in the Asian region, the revenues of the mobile payment services market in the Asian region […]

Best’s Review Examines the Insurtech Evolution

OLDWICK, N.J.–(BUSINESS WIRE)–The January issue of Best’s Review takes an in-depth look at how the insurtech sector is evolving. “Turning the Corner” examines the deal environment and how it’s now the insurtechs that are interested in making acquisitions. In “A Healthy Dose of Reality,” Best’s Review speaks with Adrian Gore, the founder and chief executive […]

Harris Williams Advises Knox Lane on its Strategic Investment in Fingerpaint

RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Knox Lane, a leading middle market investment firm focused on the consumer and services sectors, on its strategic investment in Fingerpaint, a full-service health and wellness marketing agency with five offices across the U.S. The transaction was led by […]

Investview (INVU) Reports New Record $1.88 Million Month Bitcoin Mining Revenue and Increased Bitcoin Holdings in its SAFETek Subsidiary

EATONTOWN, NJ, Jan. 04, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Investview, Inc. (OTCQB: INVU), a diversified financial technology and global distributor organization that operates through its subsidiaries to provide financial education tools, content, research and management of digital asset technology that mines cryptocurrencies, with a focus on Bitcoin mining and the generation of digital […]

Oxygen Closes $17 Million Series A Funding Round to Build the Banking Platform for the 21st Century Economy

Digital Banking Leader Gains Over 125,000 Accounts and Achieves 969X Revenue Growth Since Launch, Attracting Top Venture Capital Firms and Investors SAN FRANCISCO–(BUSINESS WIRE)–Digital banking platform Oxygen today announced a $17 million Series A round of funding. The round included Runa Capital, S7V, 1984.vc, EFG Hermes, Rucker Park, and Inventures, in addition to celebrity and […]

Mogo Reports over 100% Increase in new Bitcoin Accounts in December

Q4 2020 Net Member Additions Accelerated by over 50% as compared to Q3 2020 All figures in Canadian $ VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company empowering the next generation of consumers with innovative financial products including buying and selling of Bitcoin through its […]

DNA Payments Expand Their Product Offering to Include Pay by Bank App

LONDON–(BUSINESS WIRE)–DNA Payments (DNA), a fintech payments company, is pleased to announce the launch of a new product: Pay by Bank app (PbBa). Pay by Bank app is a new online checkout option that lets consumers pay using the bank app on their phone. It’s designed to make online checkout easier, whilst using all the […]

Mogo Establishes ATM Equity Program

VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company empowering the next generation of consumers with innovative financial products including buying and selling of Bitcoin through its mobile app, today announced that it has entered into an at-the-market offering agreement (the “ATM Offering Agreement”) with H.C. […]

SolidBlock to List $150 Million in Real Estate Security Tokens on INX

Aims to provide unparalleled liquidity for real estate fractional ownership trading TEL AVIV, Israel & GIBRALTAR–(BUSINESS WIRE)–#bitcoin—SolidBlock and INX Ltd. announce plans to list SolidBlock’s real estate-based security tokens on the INX securities trading platform. Each listed token class will be backed by either a single property or a collection of properties from SolidBlock’s exclusive […]

OKEx announces mainnet launch of OKExChain – and how to earn its native OKT token 

VICTORIA, Seychelles, Dec. 30, 2020 (GLOBE NEWSWIRE) — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, is thrilled to announce the launch of OKExChain mainnet. Unlike other exchange chains, OKEx wanted to embody blockchain’s core qualities of openness and decentralization in OKExChain. After more than 10 iterations on the testnet and exhaustive ongoing development, […]

Global Debt Collection Software Market Growth, Trends, and Forecasts 2020-2025: Increasing Automation in the Debt Collection Process to Drive the Growth

Dublin, Dec. 30, 2020 (GLOBE NEWSWIRE) — The “Debt Collection Software Market – Growth, Trends, and Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering. The market for debt collection software is expected to register a CAGR of 9.7% during the forecast period (2020 – 2025) With changing lifestyles and increased purchasing power, […]

CTBC Brand Campaign Gives Gratitude to Employees

TAIPEI, Taiwan–(BUSINESS WIRE)–CTBC Financial Holding Co., Ltd.’s (CTBC Financial Holding) has released a short film titled ‘A simple thank you (如常‧謝謝你)’ on Dec. 28 to express thanks to all the employees for their efforts during the COVID-19 pandemic. Directed by Hsiao Ya-chuan (蕭雅全) and uses “Thank You” by artist Summer Lei (雷光夏) as background music, […]

Customers Bancorp Listed in Kiplinger’s 6 Best Financial Stocks to Buy in 2021

WEST READING, Pa.–(BUSINESS WIRE)–$CUBI–Customers Bancorp (NYSE:CUBI) was recently identified as one of the “best financial stocks to buy” in 2021 by Kiplinger. The publication looked at the financial sector, one of the hardest-hit segments of the market, to identify the most promising investment opportunities following the Federal Reserve’s move to give big banks the approval […]

Simplify Asset Management to Announce Four New Exchange-Traded Funds: Fintech, Pop Culture, RoboCar and Cloud/Cybersecurity

NEW YORK–(BUSINESS WIRE)–$QQC–Paul Kim and David M. Berns, Ph.D, co-founders of Simplify Asset Management (“Simplify”) have announced the launch of four new bleeding-edge ETFs in the following areas: financial technology, pop culture and media, robotic cars and clean energy along with cloud and cybersecurity. Details for the ETFs are now live at simplify.us/etfs. The pace […]

Emerge Announces Final Annual Distributions for Emerge ARK ETFs

TORONTO–(BUSINESS WIRE)–Emerge Canada Inc. (“Emerge”) today announced the final special year-end non-cash notional, reinvested income and capital gains distributions per unit (the “Distribution”) for Emerge ARK ETFs for the 2020 tax year, following continued growth of the funds. There is a reduction in the distribution per unit previously announced for EARK, EAGB and EAAI as […]

Extend Reaches New Heights in 2020

Extend continues to lead the sector in digital issuing services for commercial card programs—creating accessible virtual card solutions for everyone’s payment needs. NEW YORK–(BUSINESS WIRE)–Extend was founded three years ago with one mission: to democratize access to modern payment experiences. Since inception, major investors including Point72 Ventures, FinTech Collective, Reciprocal Ventures, Royal Bank of Canada […]

Mogo to Make Corporate Investment in Bitcoin

All figures in Canadian $ VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a financial technology company focused on empowering consumers with innovative digital financial solutions through its mobile app, today announced that it plans to make an initial corporate investment of up to $1.5 million in bitcoin and will consider additional […]

Harris Williams Advises TractManager on its Sale to symplr

RICHMOND, Va.–(BUSINESS WIRE)–Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised TractManager, a portfolio company of Arsenal Capital Partners (Arsenal), on its sale to symplr, a portfolio company of Clearlake Capital Group, L.P. (Clearlake). TractManager’s technology and professional services optimize the business of healthcare through contracting, sourcing and provider management […]

Ahead of Expected Launch in March 2021, INX Provides a Sneak Peek of Their Proprietary Digital Asset Trading Platform

The digital asset platform that launched the first SEC-registered security token IPO in history unveils a demo version of its trading infrastructure NEW YORK–(BUSINESS WIRE)–#bitcoin—INX Limited (“INX” or the “Company”), the global blockchain-based exchange for trading digital assets, unveils the demo version of its trading infrastructure (demo.trading.inx.co). INX aims to open for trading during the […]

Golden Falcon Acquisition Corp. Announces Closing of $345 Million Initial Public Offering

NEW YORK–(BUSINESS WIRE)–Golden Falcon Acquisition Corp. (NYSE: GFX.U) (the “Company”) announced today that it closed its initial public offering of 34,500,000 units, which included the full exercise of the underwriters’ over-allotment option. The offering was priced at $10.00 per unit, generating total gross proceeds of $345,000,000. The units are listed on the New York Stock […]

Q2 Announces Immediate Availability of End-to-End Paycheck Protection Program (PPP) Solution

Cloud-based PPP solution provides 100% digital loan origination and forgiveness, dramatically increasing lenders’ processing capacity ahead of latest Covid-19 relief package, quickly getting money into the hands of businesses that need it AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the availability of its […]

LifeRaft Launches to Build a Reliable Health Expense Safety Net Designed for Real Life

Company raises $3.5 million in seed funding for proprietary technology that modernizes and simplifies supplemental health insurance OAKLAND, Calif.–(BUSINESS WIRE)–#healthcare—LifeRaft, a new insuretech company that makes simple, flexible and cost-effective supplemental health insurance products, came out of stealth mode today and launched its platform to offer people supplemental health options and solutions designed for real […]

Plastiq Announces Cash Payments, Explosive Customer and Partner Growth

Plastiq now a one-stop shop, giving businesses the freedom to pay bills using credit cards or linked bank accounts for streamlined cash flow management SAN FRANCISCO, Dec. 22, 2020 (GLOBE NEWSWIRE) — Today, Plastiq, the intelligent payment solutions provider for small business, announced it has expanded the scope of its payments platform to include U.S. […]

nCino’s Japanese Subsidiary, nCino K.K., Attracts New Investors and Names General Manager

Mitsubishi UFJ Capital Co., Ltd. and SMBC Venture Capital Co., Ltd. acquire equity interests in the companyItsuki Nomura appointed general manager of nCino K.K. TOKYO and WILMINGTON, N.C., Dec. 21, 2020 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced […]

TONI Digital launches new insurance-as-a-service platform on Socotra’s cloud-native core

Socotra now powers personal auto customers on three continents SAN FRANCISCO, Dec. 21, 2020 (GLOBE NEWSWIRE) — TONI Digital, a leading European insurtech provider, has chosen Socotra, the first cloud-native insurance core platform, to power the new TONI insurance-as-a-service technology platform for the white-label insurance market. TONI Digital has developed an insurance-as-a-service solution enabling large […]

Purpose Investments Crosses $10 Billion in Assets Under Management, Donates to Second Harvest and Commits to Volunteering in Honour of Milestone

Growth in assets driven by continued focus on our clients’ success and innovation in risk management TORONTO–(BUSINESS WIRE)–Purpose Investments Inc. (“Purpose”), the innovative asset management firm and investment arm of Purpose Financial, is pleased to announce that its assets under management (AUM) have surpassed $10 billion, marking a significant milestone in its eight-year history. In […]

MAXEX Launches ESG Loan Programs for Minority, Women and Veteran-Owned Lenders

Company collaborates with J.P. Morgan to address the growing needs of lenders in underserved segments of the U.S. mortgage market ATLANTA–(BUSINESS WIRE)–#ESG–MAXEX today announced the launch of the first two programs in its new Environmental, Social and Corporate Governance (ESG) business line. The initial programs are designed to support the growth of minority, women and […]

IBD Launches Financial Literacy Program for Students and Young Adults

Educational initiative is designed to empower a new generation to learn, save and grow on the path to financial freedom LOS ANGELES–(BUSINESS WIRE)–Investor’s Business Daily (IBD), a leading financial news and research organization, today announced that it’s launching an educational program called IBD Moneyworks. True to IBD’s vision of inspiring and empowering financial freedom, Moneyworks […]

Intuit QuickBooks Debuts New Campaign to Spotlight Small Businesses’ “Journey to Success”

Integrated Campaign Builds on QuickBooks’ Backing You Campaigns; Features Baseball Legend and Investor Alex Rodriguez to Inspire Business Success MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Today, Intuit (NASDAQ: INTU) QuickBooks announced the launch of the next phase of its global “BACKING YOU” campaign, demonstrating again how QuickBooks helps small businesses achieve prosperity. Intuit first launched the “BACKING YOU” […]

FinTech Innovators Partner to Turn NLP into Dollars

CHICAGO & SAN FRANCISCO–(BUSINESS WIRE)–#AlternativeData–Vectorspace AI in partnership with CloudQuant announce the availability of novel datasets that reveal relationships between global equity products. Vectorspace AI datasets are designed to boost precision, accuracy, signal or alpha based on Natural Language Processing and Understanding (NLP/NLU) using the VXV utility token wallet-enabled API. Data can be viewed as […]

Worldwide Industry for In-App Purchases to 2027 – Surge in Expenditure on Digital Advertisement Presents Opportunities

Dublin, Dec. 21, 2020 (GLOBE NEWSWIRE) — The “In-App Purchase Market by Operating System, Type and App Category: Global Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering. In-app purchase is the process of buying additional features of the applications installed in various different smart devices, mobile phones and others. At […]

Global Mobile Payment Market (2020 to 2027) – by Payment Type, Transaction Mode, End-user, Purchase Type and Application

Dublin, Dec. 21, 2020 (GLOBE NEWSWIRE) — The “Mobile Payment Market by Payment Type, Transaction Mode, End User, Purchase Type, Application: Global Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering. Mobile payment refers to a payment method in which money is transferred from various mobile devices such as smartphones, tablets […]

Insights on the Wearable Payments Global Market to 2027 – Opportunity Analysis and Industry Forecast

Dublin, Dec. 21, 2020 (GLOBE NEWSWIRE) — The “Wearable Payments Market by Device Type, Technology, Radio Frequency Identification and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering. Wearable payment technology facilitates transactions with the use of various wearable devices such as smart watches, rings, wristbands, and fitness bands. […]

Bluevine Capital Chooses Medallia For Experience Management

SAN FRANCISCO–(BUSINESS WIRE)–Medallia, Inc. (NYSE: MDLA), the global leader in experience management, today announced that Bluevine Capital has selected Medallia as its experience management platform of choice. “It is very exciting to see an innovative, small-business-focused fintech leveraging Medallia’s technology to deliver exceptional experience to their thousands of digitally-focused business owners,” said Elizabeth Carducci, chief […]

Abaxx Technologies Goes Public on NEO Exchange

TORONTO–(BUSINESS WIRE)–$ABXX #listing—NEO is proud to welcome Abaxx Technology Corp. Ltd. (“Abaxx” or the “Company”), a development stage financial technology business and global commodities exchange, as they launch today on the NEO Exchange. Abaxx is now available for trading under the symbol NEO:ABXX. Founded in 2018, Abaxx develops software tools that enable commodity traders and […]

Alliance Manchester Business School Partners With Global Executive Education Provider Emeritus to Address New Challenges in the World of Business, Health and Finance

LONDON–(BUSINESS WIRE)–#AMBS–Alliance Manchester Business School (AMBS) is partnering with online education provider Emeritus to create a series of online executive education courses, aiming to provide those in management and c-suite positions with essential new skills and knowledge to thrive in an increasingly digital workplace. The first three courses will cover data science, digital transformation in […]

Finicity Announces Secure Data Access Agreement with Brex

Finicity Extends Direct API Integrations to Fintechs; Will Allow Brex Customers to More Easily and Securely Permission Data with Third-Party Apps and Services SALT LAKE CITY–(BUSINESS WIRE)–Finicity, a Mastercard company and leading provider of open banking solutions, announced today that it has signed a data access agreement with Brex, a company that is reimagining financial […]

IVP 2020 in Review – Ten New Investments and a Growing Team for Investing in and Serving High Growth Technology Companies

MENLO PARK, Calif.–(BUSINESS WIRE)–IVP, a premier later-stage and growth equity firm, today shared a summary of key milestones for the last 12 months, a memorable year that despite many challenges saw the technology industry emerge stronger than ever. During 2020, IVP announced ten new investments as the firm continues to invest actively in high growth […]