Bilt Rewards Announces $200 Million Raise Valuing Company At $3.1 Billion
- 11 months 4 weeks ago
- Fundraising News
Bilt Rewards (“Bilt”), the leading loyalty platform specializing in rent and neighborhood rewards, today announced a $200 million equity investment, led by General Catalyst, with significant contributions by Eldridge, alongside existing investors Left Lane Capital, Camber Creek and Prosus Ventures. This catapults the company's valuation to $3.1 billion.
Airwallex Deepens Global Leadership Team in San Francisco; Expands Presence in New York and Austin
- 11 months 4 weeks ago
- People Moves
Airwallex, a leading global payments and financial platform for modern businesses, today announced the expansion of its global leadership team, with three new hires based out of the company’s Americas headquarters in San Francisco. Jason Gottlieb joins as VP, Financial Partnerships, Hugo Buret as Global Head of Strategic Partnerships, and Ankur Goel as Global Head of Revenue Operations.
Stripe Announces Tender Offer to Provide Employee Liquidity
- 11 months 4 weeks ago
- Payments
Stripe, a financial infrastructure platform for businesses, has signed agreements with investors to provide liquidity to current and former Stripe employees through a tender offer at a $65B (€60B) valuation. While the majority of funds for the tender offer are being provided by investors, Stripe will also use a portion of its own capital to repurchase shares to offset dilution from the Company’s employee equity compensation programs.
FullCircl Launches W2 White Label Identity Verification Platform
- 11 months 4 weeks ago
- Digital Identity
FullCircl, a UK-based SaaS platform that removes the regulatory and verification roadblocks to drive revenue growth, is excited to announce the launch of its first white label orchestration platform through W2 by FullCircl to help regulated businesses onboard more customers and meet regulatory requirements.
Coverdash Announces $13.5M in Series A Funding
- 12 months 5 min ago
- Fundraising News
Coverdash, the fastest-growing startup and SMB-focused-insurtech, today announced $13.5M in Series A funding. This financing comes within one calendar year of Coverdash’s oversubscribed Seed round, bringing the company’s total funding to $16M to date.
Clear Junction Joins UK Cryptoasset Business Council to Empower Crypto Ecosystem Growth
- 12 months 15 min ago
- Cryptocurrencies
Clear Junction, a global leader in cross-border payments for regulated institutions, has joined the UK Cryptoasset Business Council (UKCBC) to support and empower the growth of the crypto ecosystem.
Tangopay Partners with Currencycloud to Offer Its Clients Remittance Without Boundaries
- 12 months 20 min ago
- Payments
Currencycloud, the experts simplifying business in a multi-currency world, has partnered with UK-based Fintech, TangoPay to further enhance its existing remittance service for its UK-based expat customers by adding real-time competitive foreign exchange (FX) rates and additional localized payment options.
Emma Hagan Appointed Clearbank UK CEO
- 12 months 25 min ago
- People Moves
ClearBank, the enabler of secure accounts, real-time clearing and embedded banking for financial institutions, today announced that Emma Hagan has been appointed CEO of ClearBank UK, and will take up the role following regulatory approval.
Payhawk Plans to Grow UK Headcount by 44%, As the Global Spend Management Platform Accelerates Hiring Following Strong Annual Performance and New Partnerships
- 12 months 30 min ago
- Payments, People Moves
Global spend management platform Payhawk reported 89.4% global annual growth in SaaS revenues in 2023 combined with net revenue retention from new customers in 2023 at 151%. Carrying its strong product momentum into 2024, the company announces several key appointments, key partnerships, product expansions, and hiring across multiple markets.
VyStar Credit Union Selects NCR Atleos Allpoint ATM Network to Support Growth
- 12 months 40 min ago
- Cash management
NCR Atleos Corporation, a leader in expanding financial access for financial institutions, retailers and consumers, today announced that VyStar Credit Union has selected Atleos’ Allpoint ATM Network to expand surcharge-free access to cash for members at trusted locations across the country and support ongoing growth.
Volt Granted UK EMI Licence from FCA
- 12 months 50 min ago
- Payments
Volt, the global real-time payments platform, has secured an Electronic Money Institution (EMI) licence from the United Kingdom’s Financial Conduct Authority (FCA).
Mastercard Open Banking Enhances the Debit and Prepaid Digital Account Opening Experience
- 12 months 55 min ago
- Digital banking
Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. The program improves the digital account opening process by verifying account ownership, lowering account abandonment, reducing non-sufficient fund (NSF) returns, and minimizing manual entry of payment...
Imandra Awarded ISO 27001 Certification
- 12 months 1 hour ago
- Security
Imandra, the AI startup pioneering the industrial application of automated reasoning for financial and safety-critical software systems, today announced it has been awarded the ISO 27001 certification.
Woli Partners with Paynetics to Empower Financial Literacy Among the Young
- 12 months 3 hours ago
- Personal Finance, Payments
Woli, the money management platform that provides children and teenagers with the tools to manage their finances, is partnering with Paynetics, one of Europe’s leading providers of embedded finance, to power their payment accounts and Visa cards.As Woli scales across Europe, Paynetics offers the agility and speed crucial for growth in a competitive market.
Fusion Risk Management Announces General Availability of Generative AI-Powered Assistant
- 12 months 3 hours ago
- Artificial Intelligence, Risk Management
Fusion Risk Management, Inc. ("Fusion"), a leading provider of cloud-based operational resilience, business continuity, and risk management solutions, has announced general availability of its AI-powered assistant Fusion Resilience Copilot™ following a successful global beta program. Resilience Copilot™ is pre-configured to answer critical questions at the click of a button, providing insights and recommendations.
