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Fintech Company Yendo Raises $165 Million in New Capital to Fuel Growth

Yendo, the company that created the first-ever vehicle-secured credit card, today announced the close of $150 million in debt financing led by i80 Group. The financing will be used to fuel customer growth, introduce new products and expedite the expansion of the company’s offerings across all 50 states. Specifically, Yendo will use the financing to fund the growth of originations on its platform, which will enable the company to extend credit to more Americans at affordable rates.

Friday, May 17, 2024 - 11:36
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Financial IT
Insurity Partners with Certificate Hero to Cut Certificate Issuance and Renewals Time by up to 75%

Insurity, the leading provider of cloud software for insurance carriers, brokers, and MGAs, today announced that it has partnered with Certificate Hero to transform certificate management in the property and casualty (P&C) insurance industry. Certificate Hero is a modern SaaS platform known for its efficient and accurate management of Certificates of Insurance. Insurity is the largest cloud software provider for P&C insurance, with over 330 customers deployed on AWS and Azure.

Friday, May 17, 2024 - 11:01
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Financial IT
Temenos Awards Celebrate Client Innovation and Success at Flagship Event

Temenos today announced its 2024 Customer Award Winners at the Temenos Community Forum in Dublin. In line with the theme of this year’s event, the awards recognize those challenging, innovating and succeeding in the banking industry.

Friday, May 17, 2024 - 10:57
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Financial IT
Chiba Bank Selects Moneythor to Revolutionise Personalised Banking Experiences for Over One Million Customers

Moneythor, the leading provider of real-time, personalized engagement and loyalty solutions for banks and fintech firms today announced that it has been selected by Chiba Bank, one of the leading regional banks in Japan, to bring real-time personalised experiences to its customers and enhance customer engagement.

Friday, May 17, 2024 - 10:52
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Financial IT
The Partnership Between INSTANDA and UnderwriteMe Boosts Scalability, Agility, and Market Reach for Life Insurers

INSTANDA, the global provider of no-code insurance platform technology, today announces integration with UnderwriteMe, a comprehensive SaaS underwriting platform provider for the life insurance industry.

Friday, May 17, 2024 - 10:45
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Financial IT
High-street Lenders Neglecting Women-led Enterprises, New Study Finds

Research from independent SME funder Bibby Financial Services (BFS) finds that women business leaders are facing gender inequality in commercial lending, which is hampering the growth ambitions of many SMEs.

Friday, May 17, 2024 - 10:36
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Financial IT
Fiserv University Offers Role-Specific Learning, Technology Optimization Training and Consulting to Financial Institutions

Fiserv, Inc. , a leading global provider of payments and financial technology solutions, today opened Fiserv University, a newly expanded training and consulting services program designed to help financial institutions enhance the productivity of their people and optimize the use of technology. Financial institutions of all sizes and stages of operations can leverage Fiserv University offerings to meet their distinct training and performance goals.

Friday, May 17, 2024 - 10:27
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Financial IT
NBFC-backed Digital Lending Platform Propelld Secures Over $25 Million Through Debt Raising

Propelld, a fintech leader in education lending, today announced that it has secured over USD 25 million through debt raising for Edgro, a wholly-owned subsidiary licensed Non-Banking Financial Company (NBFC).

Edgro has raised the amount from nine lenders such as Credit Saison India Private Limited, AU Small Finace Bank, InCred Financial Services Limited, and Northern Arc Capital Limited.

Friday, May 17, 2024 - 10:22
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Financial IT
Pehi is Created as the New Proximity Network for the Use of Vending Machines to Settle Public Administration Payments

Confida – the Italian Vending Machine Association – and illimity – a banking group and PSP (Payment Service Provider) – have announced from the Venditalia Expo the creation of Pehi, a new capillary proximity network.

Friday, May 17, 2024 - 10:11
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Financial IT
Dwolla and Visa Enhance Pay by Bank Experience for Enterprise Businesses

Dwolla, a leading U.S.-based account-to-account (A2A) payment solution provider, today announced its strategic collaboration with Visa, a world leader in digital payments, to bring advanced account verification capabilities to Dwolla’s A2A solution. This relationship enhances Dwolla's ability to provide a single, streamlined solution for mid- to enterprise-sized businesses to pay and get paid via their bank accounts.

Friday, May 17, 2024 - 10:03
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Financial IT

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