Rocket Companies to acquire personal finance app Truebill for $1.275bn
Truebill claims 2.5 million members and has doubled its user base in the last year.
Truebill claims 2.5 million members and has doubled its user base in the last year.
The 150-year-old bank will migrate its legacy digital banking solution.
The acquision is expected to add $90m of revenue for MoneyLion.
The round, led by global investment firm KKR, values Anchorage at over $3 billion.
BMO describes the acquisition as the “natural next step” in its North American growth strategy.
The agreement will see Bottomline’s shareholders receive around $57 per share in cash.
New cash injection takes the firm’s total capital raised to date to around $65 million.
The platform says it blocks over 1,000 attacks per day against its customers.
The acquisition will build on Flywire’s existing education payments business.
Nicholson moves from rival Canadian digital bank Tangerine.
Greiner joins from Bankers Healthcare Group, where he spent just under two years as VP of enterprise architecture.
Blue FCU will adopt Backbase’s Digital Banking, Digital Sales and Digital Assist solutions.
Ameris Bank resources will allow Balboa to expand its offering, says Balboa CEO.
The programme plays “a vital role in expanding the crypto ecosystem”, Nuvei CEO says.
The new cash will fund the start-up’s expansion into Brazil.
The Series B funding round was led by Tiger Global.
“The market for simplifying net terms payments and embedding BNPL payment options is exploding”, CEO says.
Founded in 2018, the start-up has raised $205 million in equity and debt financing to date.
Diebold Nixdorf will deploy its services across ACLEDA’s 262 branches.
Finder co-founder Fred Schebesta says the company has been “bootstrapped since day one”.
The two US community banks have also signed for FIS’ Digital One solution.
New offering is designed for hedge funds, asset managers and other institutional clients.
New funding brings the total raised to date by the start-up to $41.8m.
The new solution will be hosted in a private cloud environment.
CEO Vishal Garg says he “blundered the execution” following a barrage of criticism.
Founded in 2019, Nearside focuses on “the smallest of the small businesses” in the US.
Hometap allows homeowners to receive debt-free cash in exchange for a share of their home’s future value.
Tipalti says new funding places it “among the most valuable private fintech companies in the world”.
All eligible accounts will be transferred to Moneyfarm in January.
Funds will be used for product development and to accelerate growth in Mexico and Latin America.
The company has identified 180+ unique migrant communities it intends to offer its services to.
Marcus is stepping down to pursue new entrepreneurial opportunities after seven years at the firm.
Numerated is “building the future of business banking”, founder and CEO states.
Kueski is one of the largest buy now, pay later and online consumer lenders in Latin America.
The company provides a SaaS platform for streamlining reporting and improving forecasting accuracy.
The $100 million deal brings together the US and UK-based partners.
Microsoft has partnered with Zip to offer a BNPL payment option in its Edge browser.
The recruitment drive would take its total headcount to 4,000.
GoWomen says it will provide banking services and financial awareness and wellness products.
Tie-up follows $188m funding for Jeeves, which launched at the start of 2021.