Online lender has completed its latest financing round to enlarge its team and expand its finance solutions, less than a year after raising $40 million in January.
Debit card payments processor completes the latest funding round that will be used to meet the customer demand around the globe.
The New York-based financial services business has integrated escrow-as-a-service platform to enable secure B2B payments.
BBVA has recently acquired another online banking startup – a Finnish company Holvi that specializes in providing online current accounts and related services for small businesses, freelancers, and entrepreneurs.
The fintech unicorn Curve has finished a $2 million funding round from a number of prominent investors.
FitPay has been announced a winner of the Wearable FinTech Startup Challenge launched by Comerica Bank and RocketSpace for financial startups developing technology for wearables.
Chinese peer-to-peer online lender Lufax is planning to raise $1 billion next year in an attemp to reach a value of between $15 and $20 billion.
Tyro has raised $100 million from US Asset manager Tiger Global, Atlassian’s Mike Cannon-Brookes, and others. Now the company plans to apply to call itself a bank.
US financial services company Robinhood has incorporated four companies, Quantopian, Rubicoin, StockTwits and Openfolio, to allow users of these platforms trade securities for free.
Everledger, a London-based startup using the technology behind bitcoin to solve fraud issues, is the first blockchain firm to win a ‘Meffy’.
Digital disruption is transforming the financial services industry. The growth of capital being invested in FinTech startups determines how technology and the Internet are radically changing the nature of money and financial services.
On Monday, Envestnet announced the purchase of financial management platform Yodlee in cash and stock for around $590 million.