Latin American Bitcoin rewards credit card provider YoCripto readies for launch
YoCripto is on a mission to be the first in Latin America to offer a credit card with Bitcoin rewards.
Start-up
ICYMI funding round-up: Estateguru, SaaScada, tell.money, Cheq, GMEX & Bluezone
A handy round-up of the recent funding endeavours of fintech companies across the globe.
LatAm SME financial services platform Xepelin raises $111m Series B
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
Rewards platform Kard secures $23m in Series A funding round
The new funds will be used to expand its merchant network and product offering.
Banking Technology Magazine May 2022 issue out now
Cover story: THE NEED FOR SPEED – Getting money to those that need it, fast.
Another brick in the wall: how Bloom is helping teens build financial literacy skills
Bloom enables teenagers to start building wealth by investing in the stock market and learning about finances.
Fintech app for teens Copper secures $29m Series A
The latest round takes Copper’s total capital raised to date to $42.3 million.
US challenger Cogni lands $23m in Series A funding
Cogni claims to be focused on bridging the gap between Web2 and Web3 capabilities.
Fintech start-up Valor set to launch in US for Latino and Hispanic communities
The company was founded by WePay alumni Parag Gupta (CEO) and Sankate Sharma (CTO).
US financial services super-app Multicent gears up for launch
Multicent will offer personal and business accounts, a crypto exchange and merchant services.
Cartoon: Market dilemma
A new cartoon illustrating how venture firms are reacting to the changing macro environment.
BaaS platform NovoPayment lands $19m Series A funding
The round was led by Fuel Venture Capital and IDC Ventures.
Brex acquires bookkeeping software firm Pry Financials for $90m
Pry CEO Andy Su says: “With Brex’s scale and reach, we can have a much bigger impact right away.”
Anti-fraud platform SEON raises $94m Series B to fuel global expansion
The start-up will use the fresh capital to expand throughout North America, LatAm and APAC.
ICYMI fintech funding round-up: Winden, EximPe, Uplinq, ImaliPay & SwooshTransfer
Our weekly fintech round-up for you to get the latest funding news from around the world.
Waste! What is it good for? Absolutely nothing
Climate change is a complex problem, and its solutions are manifold and multifaceted.
Creator economy e-commerce platform SamCart raises $82m Series B
The round saw participation from Eldridge, TTV Capital, Fin VC, George Kaiser Foundation and eGateway Capital.
How GoCodeGreen is aiming to make fintech software net-zero
Eric Zie, CEO and founder of GoCodeGreen, talks to FinTech Futures about the push for sustainable software engineering.
Charitable giving start-up Daffy on the growth of donor-advised funds
FinTech Futures speaks to Daffy’s Adam Nash and Lorie Lambert about streamlining donations.
US start-up Remote raises $300m in Series C funding
The firm previously secured $150 million in a Series B round in July 2021.
Savings and retirement wealthtech Lilly set to launch in US
Billed as “the world’s first retirement debit and credit card”, the service will cost from $5 a month.
Cartoon: Free solo
A new cartoon illustrating the difference in expectations between a start-up entrepreneur and a VC firm.
Banking Technology Magazine April 2022 issue out now
Cover story: WINDS OF CHANGE – Tackling the carbon cost of technology.
Money transfer app Azimo acquired by payroll and payments firm Papaya Global
The acquisition follows Papaya Global’s $250 million Series D funding round last September.
FinTech Futures: Top five stories of the week – 1 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
US fintech Mosaic secures $25m Series B funding
The Mosaic platform was launched in 2019 and is designed to ‘reboot’ financial planning and analysis.
Modern Treasury lands $50m in Series C extension
The extension brings the company’s total Series C funding to $135 million.
ICYMI fintech funding round-up: Archie, Dapio, Finary, Jia Finance, & Zimpler
Our weekly fintech round-up for you to get the latest funding news from around the world.
New US banking app Swell set to launch in summer
Launching in June, the app combines checking, credit and more into one integrated account.
Tech giant Apple snaps up UK open banking firm Credit Kudos
Credit Kudos leverages machine learning to provide lenders an alternative to traditional credit scores.
Construction focused US fintechs CoFi and Handle raise funding
CoFi and Handle have raised $7 million and $10 million, respectively.
US start-up Ramp reaches $8.1bn valuation with fresh $750m funding
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
Expense management platform Jeeves raises $180m Series C funding
The Series C comes just seven months after the company’s $57 million Series B funding round.
Banking app Dave partners FTX US to explore crypto payments
The partnership will see FTX Ventures, the venture fund arm of FTX Trading, invest $100 million in Dave.
Saphyre secures $18.5m in Series A from HCAP, J.P. Morgan and BNP Paribas
Saphyre’s AI-enabled platform is intended to improve pre- and post-trade data and processes.
Three de novo banks in US select Jack Henry’s tech
New-name wins are Bank of Burlington, RockPoint Bank, and Moultrie Bank & Trust.
Revenue-based financing platform Novel Capital raises $115m in equity and debt funding
Novel Capital allows entrepreneurs to leverage their recurring revenue to access non-dilutive capital.
Unbanked goes crowdfunding to build global bank on blockchain
Unbanked has attracted nearly $1.5 million from 1,500+ investors so far. The round closes on 26 April.
Trading Technologies acquires start-up RCM-X
RCM-X is a technology provider of algorithmic execution strategies and quantitative trading products.
Rutter raises $27m in Series A to become “Plaid of commerce”
Rutter’s $27 million Series A funding round was led by Andreessen Horowitz.
