financial services : Latest news and update on financial services

financial services 07th Aug, 2022 15:03 PM

Q3 outlook forecasts cloudy days ahead for fintech M&A

Fintech M&A was down in Q2 and the prospects for Q3 remain cloudy.

accounting software 05th Aug, 2022 18:03 PM

The party’s over: Tips for tracking and reporting monthly startup expenses and revenue

With more VC funds wanting to see where every dollar is spent, it is essential CEOs understand how to accurately track and report monthly expenses...

Banking 02nd Aug, 2022 12:33 PM

Savana raises a fresh round of capital to digitize banks’ services

Savana, a company providing services to digitize banks' operations, has raised $35 million in a Series A round and $10 million in debt.

africa 02nd Aug, 2022 09:33 AM

Identity verification company Youverify extends seed funding to $2.5M as it expands across Africa

Youverify, an identity verification company helping African banks and startups, is announcing that it has secured a $1 million seed round extension.

backstage capital 26th Jul, 2022 15:18 PM

Fintech Guava raises $2.4M to provide banking services to Black small-business owners

Founded last year, Guava aims to reduce the racial wealth gap by providing financial services to Black small businesses.

credit score 24th Jul, 2022 14:33 PM

These startups want to make credit scores a thing of the past

In recent years, a number of fintech startups have emerged to try to challenge the current credit score model.

Apple Pay 20th Jul, 2022 14:03 PM

Dutchie Pay wants to help you stop paying in cash for your cannabis

Dutchie Pay is a payment solution designed for the very specific requirements of the legal cannabis market in the U.S., but also indicative of the...

africa 18th Jul, 2022 09:33 AM

African fintechs halt virtual dollar cards after Union54 chargeback fraud surge

Last Friday, Barter, the consumer app of Africa’s most valued startup Flutterwave, told customers via email that they would not be able to access...

Abstraction Capital 11th Jul, 2022 12:33 PM

For businesses seeking low-code fintech infrastructure options, there’s a Quiltt for that

Company founders pivoted when customers wanted their fintech data engine over their budgeting app.

AIG 07th Jul, 2022 07:33 AM

YuLife picks up $120M at an $800M valuation for gamified, wellness-focused life insurance

YuLife originally made a name for itself in its home market of the U.K. for its new approach to the provisioning of life insurance: yes, sell a...

Alphabet 05th Jul, 2022 05:03 AM

UK’s Oxford Quantum Circuits snaps up $47M for quantum-computing-as-a-service

Quantum computing has been making quantum leaps of progress in the last several years — going from theoretical concept to multiple testing...

executive 27th Jun, 2022 21:33 PM

Robinhood almost imploded during the Gamestop meme stock chaos

The House Committee on Financial Services released a report late last week offering a harrowing glimpse inside Robinhood during the frenzy around...

articles 22nd Jun, 2022 14:33 PM

9 ways founders can bring automation to healthcare

For years, automation has been a key driver of transformation across industries, changing the way companies and entire sectors operate. However,...

Bank 17th Jun, 2022 12:33 PM

Mono aims to be ‘first bankingless bank’ for Latin America’s small businesses

Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank.

air france 15th Jun, 2022 08:33 AM

PayCargo, a fintech for the freight industry, raises $130M

Shipping and cargo services is one of the more fragmented and analogue verticals in the world of industry, with hundreds of thousands of businesses...

financial services 12th Jun, 2022 15:03 PM

Investors show LatAm fintechs the money

Fintech startups in Latin America continue to receive impressive amounts of venture capital.

Australia 09th Jun, 2022 09:45 AM

Google expands ads verification program to tackle financial scams

Google is expanding a verification program for financial services ads that it launched in the UK last summer after seeing what it describes as a...

africa 09th Jun, 2022 07:45 AM

Backbase raises its first funding, $128M at a $2.6B valuation, for tools that help banks with engagement

Larger banks and other financial service providers are getting a lot more serious when it comes to competing with upstarts that are disrupting their...

Bank of America 07th Jun, 2022 13:45 PM

Lucid partners with Bank of America to launch Lucid Financial Services

Lucid Group, which makes long-range, fast-charging luxury EVs, said on Tuesday it is joining with Bank of America to provide customer financing as...

articles 03rd Jun, 2022 22:00 PM

To better manage cybersecurity risk, extend zero-trust principles to third parties

Today’s cybersecurity landscape requires an agile and data-driven risk management strategy to deal with the ever-expanding third-party attack...

anthos capital 02nd Jun, 2022 11:45 AM

Yummy’s super-sized round helps grow its delivery, ride-sharing super app in LatAm

Yummy is working with over 8,000 merchants, processing 800,000 monthly transactions across its markets and growing over 40% quarter over quarter.

Anwar Ghauche 01st Jun, 2022 13:00 PM

Constrafor grabs $106M in equity, credit to finance construction subcontractors

Constrafor provides a lending program so subcontractors don't have to wait months to get paid.

Amazon Web Services 31st May, 2022 14:05 PM

Data-sharing platform Vendia raises $30M Series B

Vendia, a blockchain-based platform that makes it easier for businesses to share their code and data with partners across applications, platforms and...

africa 27th May, 2022 04:45 AM