Stripe acquires engineering analytics start-up Okay
Okay provides analytics and reporting software designed to help engineering teams streamline workflows.
Okay provides analytics and reporting software designed to help engineering teams streamline workflows.
The start-up, which was founded in 2021 and launched nationwide last month, has raised a total of $7.5 million.
CobaltFX was acquired by United Fintech in late 2022 and subsequently relaunched earlier this year.
Ribbit CEO Greg Rable says bringing together the two companies is a “win-win” for both customers and Ribbit.
O’Connor joined the firm last year as chief operating officer after several years at Capita.
Herman joins Dwolla from Accrete, an AI machine learning company, where he was CFO.
With the new funds, PayNearMe plans to to accelerate its growth and develop its payments platform further.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Buyers, sellers, agents and escrow holders, can now move money “swiftly” and access expanded payment options.
The funding will support the expansion of Vartana’s team and enhance its product offerings.
For Stori, it is the second debt facility from CIM, following a $75m debt facility in November 2021.
The Symitar platform will allow PFCU to offer business payment services including ACH and wire transfers.
The Ohio-based firm says the restructuring support agreement is expected to “significantly” reduce debt.
Löffler succeeds Andrey Sokurenko, who will now focus on software innovation and R&D.
The account will be rolled out to select customers in June and will be “widely available” in the coming weeks.
Open Banking Expo Canada is taking place in Toronto on 15 June 2023.
Noto has previously served as CTO at companies including IBM, LPL Financial and Scottrade.
Mode Eleven will now be able to facilitate high-value payments on the ACH and Fedwire networks.
Both banks laid off around 500 employees last week, according to media reports.
Together, these credit unions serve 747,388 members and represent $20 billion in assets.
Bamboo believes it is in “a unique position” to capitalise on the growth in the digital payments space in the region.
The agreement is subject to approval from the Bankruptcy Court, and any better offers Plastiq may receive.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Tap Global aims to reach £4.2 million of revenue by mid-2024.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
With the funding, Nymbus plans to expand and advance its core banking system, and diversify its product portfolio.
With the funding, Kiwi plans to introduce new products and reach more customers across US and Latin America.
Pipe makes new hires across technology, innovation, product, risk, and operations.
Fifth Third says embedded payments are “a core component” of its treasury management business.
The round was led by Avenir, with participation from existing investor Anthos Capital.
The funding will be used to accelerate the adoption of OpenFin’s software across the financial services industry.
The final day of Daylight’s banking operations will be 30 June.
AI Markets “has been built from the ground up with user experience in mind”, HSBC says.
Resolute is a due diligence provider focused on single family rental (SFR) and residential transition loans (RTL).
The round takes the Restaurant365 valuation to over $1 billion.
Wise will start the search for its next CFO immediately.
Through the partnership, Sonata will provide customers with ways to save and plan for future financial needs.
The feature will be available for customers with a US bank account.
The challenger has raised more than $20 million in its initial round of funding.