All content with RSS

Astra Announced $10M Series A Led by FPV Ventures

Astra, a leading provider of instant card-to-card funding as a service in the U.S., today announced a $10 million Series A funding round led by FPV Ventures, with participation from Slow Ventures and Allegis Capital, as well as a $30 million line of credit through CoVenture to support the company’s rapid expansion in the payments industry.

Friday, October 14, 2022 - 10:09
50547
/news/fundraising-news/astra-announced-10m-series-led-fpv-ventures
Financial IT
Northstar Raises $24.4M to Expand Financial Wellness Benefit Platform

Financial wellness benefit platform for employees Northstar has raised $24.4 million in a funding round joined by PayPal Ventures and Thomson Reuters Ventures.

GGV Capital led the round, with participation from Canvas Ventures, M13, Workday Ventures, Parade Ventures, Foundation Capital, Designer Fund, and RRE.

Friday, October 14, 2022 - 10:03
50546
/news/fundraising-news/northstar-raises-244m-expand-financial-wellness-benefit-platform
Financial IT
NorthOne Announces $67 Million Series B Round

NorthOne today announced it has raised $67 million in Series B funding. With participation from new and existing investors, NorthOne is poised to further expand the reach of its business banking and financial management platform across all sectors of the small business community.

NorthOne is a financial technology company, not a bank. Banking services are provided by The Bancorp Bank, N.A., Member FDIC.

Friday, October 14, 2022 - 05:51
50545
/news/fundraising-news/northone-announces-67-million-series-b-round
Financial IT
UBCI Selects Profile Software’s Treasury Management Solution

Profile Software, a leading financial solutions provider, has announced today that UBCI (Union Bancaire pour le Commerce et I’Industrie) has selected Acumen.plus, the internationally implemented Treasury Management solution, to effectively cover the entire spectrum of treasury and streamline their operations in the most efficient way.

Friday, October 14, 2022 - 03:14
50544
/news/treasury/ubci-selects-profile-softwares-treasury-management-solution
Financial IT
Forter Launches Smart Claims to Combat Chargeback Fraud and Increase Win Rates

Forter, the Trust Platform for digital commerce, today announced the launch of Smart Claims, a new product offering designed to help businesses manage chargebacks more effectively. By connecting order and claims data across different payment systems into a single, consolidated view, Smart Claims enables merchants to resolve chargeback disputes more intelligently and efficiently, improve win rates and recover lost revenue.

Friday, October 14, 2022 - 03:11
50543
/news/security/forter-launches-smart-claims-combat-chargeback-fraud-and-increase-win-rates
Financial IT
B2Broker Releases New Version of B2Trader With Support for Up to 100 Currency Pairs

The latest version of B2Trader, an ultra-fast matching engine designed for cryptocurrency exchanges, market makers, spot brokers, and MTF brokers, has been released, and we are excited to share the news with you. Following this update, the number of pairs that may be accommodated has been increased to 100, while the order book depth has remained at 100 × 100.

Thursday, October 13, 2022 - 17:07
50542
/news/trading-systems/b2broker-releases-new-version-b2trader-support-100-currency-pairs
Financial IT
Remitly Makes Visa Direct Real-Time Payments Platform Available to Customers in Canada

Remitly Global, Inc., a leading digital financial services provider for immigrants and their families, today announced the expansion of its relationship with Visa by making Visa Direct, Visa’s real-time push payments platform, available to Remitly customers in Canada.[1] According to the World Bank, more than $6.5 billion in personal remittances are s

Thursday, October 13, 2022 - 14:33
50541
/news/payments/remitly-makes-visa-direct-real-time-payments-platform-available-customers-canada
Financial IT
Crypto Investment Platform Pillow Attracts $18M Funding Round to Accelerate Adoption of Crypto Services in Emerging Markets

Democratised access to digital assets is key to getting emerging market investors on a level playing field, giving them the opportunity to take control of their finances and battle the dual challenges of inflation and the rising costs of living.  Helping them on this journey, crypto investments platform Pillow is creating simple, transparent, accessible products including crypto investing, crypto savings, crypto payments and other financial services.  Underscoring the importance of its mission, today Singap

Thursday, October 13, 2022 - 14:27
50540
/news/fundraising-news/crypto-investment-platform-pillow-attracts-18m-funding-round-accelerate
Financial IT
Mediobanca’s Credit Arm Compass Strengthens its BNPL Operations

Compass, the Mediobanca Group’s consumer credit arm, has completed two deals in the Buy  Now Pay Later (BNPL) segment. The rationale for the deals is to accelerate the bank’s growth in the deferred payment business using digital channels, which it has entered successfully with the launch of its PagoLight product. 

Thursday, October 13, 2022 - 14:22
50539
/news/banking/mediobancas-credit-arm-compass-strengthens-its-bnpl-operations
Financial IT
Mercurity Fintech Holding Inc. Announces Appointment of New Directors to the Board

Mercurity Fintech Holding Inc., a digital fintech group powered by blockchain technology, today announced that its Board of Directors (the “Board”) has appointed Alan Curtis, Daniel Kelly Kennedy, Zheng Cui, Qian Sun and Hui Cheng as new directors of the Company effective as of October 9, 2022, among whom Alan Curtis, Zheng Cui and Hui Cheng are deemed independent under Nasdaq Rule 5605(a)(2).

Thursday, October 13, 2022 - 14:11
50538
/news/people-moves/mercurity-fintech-holding-inc-announces-appointment-new-directors-board
Financial IT

Pages