Fundbox closes $100m Series D round to take valuation beyond $1bn
Product expansion, including into payments, is planned for its small business platform.
Product expansion, including into payments, is planned for its small business platform.
The digital bank also provides crypto capabilities, including instant crypto transfers.
The payments processor has seen a sharp increase in volumes in the last 18 months.
Tie-up expands capabilities for the US customers of Unit’s Banking-as-a-Service (BaaS) platform.
Andreasen’s departure follows 15 years at the Danish bank.
The launch comes amid frustration at the slow pace of open banking in Canada.
Nobly POS software will be integrated with Revolut payment offerings internationally.
The payments specialist will aid introduction of Mastercard Bill Pay to Latin America.
Company is one of the few US fintechs with a female founder to gain investor funding to date.
The San Francisco-based company has now raised $100m in total funding to date.
8fig says it’s on a mission to propel 10,000 sellers to eight-figure revenue by 2025.
Increase in headcount and Latin American expansion planned.
Set up by ex-Google execs earlier this year, the firm is embarking on a major recruitment drive.
The new capital injection values the company at $7.1 billion.
The new bank is intended to provide African Americans with better access to financial services.
The US-based detection and response (MDR) provider has secured $258 million in financing to date.
The new capital injection adds to the firm’s $200m Series E funding.
The firm intends to issue credit cards for expats and is seeking funding of $100m.
Stripe among backers for brand-centric payments player with $53m raised in total to date.
Alloy’s API-based platform will be used to automate the bank’s identity verification process.
The fintech has raised $600 million in equity capital since inception in 2017.
Deal stems from partnership between BankBI and Canadian credit union solutions firm Celero.
Capital to support Kafene’s point-of-sale financing to Americans with limited access to credit.
Finserv provider says acquisition is a “natural expansion” of its digital banking platform.
N26 will no longer serve US customers after 11 January 2022.
The locally-owned bank has selected CSI’s NuPoint core platform.
The deal is expected to close before the end of the year.
Acquisition intended to accelerate Oportun’s expansion plans by three to five years.
Patriot will migrate to American Challenger’s technology platform.
The deal is expected to close in the second half of 2022.
“The two platforms are a natural fit,” says Snap co-founder Chris Myers.
Drata intends to triple its workforce within the next year.
The fintech has achieved one of the largest funding rounds to date in Latin America.
The San Francisco-based company will add scale and headcount with funding round.
This latest financing round brings Float’s total funding to date to around $34 million.
The company plans a hiring spree in Miami, where its US headquarters are located.
Virtual card payments made via STP cut costs and time, Bottomline says.
New York-based firm plans to use the cash for product development and global expansion.
The company launched in Argentina in 2017 before expanding its services to Mexico last year.
Mixbank aims to provide banking and cash management for businesses without the need for a credit card.