November 13, 2024
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Intuit is shutting down Mint, a popular personal finance app acquired in 2009 for $170 million; moves users to Credit Karma
Nickie Louise Posted On November 6, 2023


Intuit, the financial software company renowned for TurboTax and QuickBooks, is shutting down Mint, a popular personal finance app with 3.6 million active monthly users. Acquired by Intuit in 2009 for $170 million, Mint is scheduled to be shut down […]


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Amazon partners with Affirm to offer “buy now, pay later” checkout option to small business owners
Nickie Louise Posted On November 2, 2023


Amazon has just unveiled its first “buy now, pay later” (BNPL) checkout option for the millions of small business owners using its online store, as detailed in a CNBC exclusive report. Citing executives from both firms, CNBC reported that the […]


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FinTech
FBS Reveals Three Key Macro Factors Shaping Financial Markets in Q4
financewire Posted On October 31, 2023


Singapore, Singapore, October 31st, 2023, FinanceWire FBS, a leading global broker, presents an overview of the most significant macroeconomic trends traders should consider in the fourth quarter of 2023. In accordance with the brand’s mission to equip traders with tools […]


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Brazilian fintech startup QI Tech raises $200 million led by General Atlantic to fund future acquisitions
Nickie Louise Posted On October 31, 2023


QI Tech, a provider of financial services businesses in Brazil, announced today it has closed 1 billion reais (equivalent to $200 million) in Series B funding for potential future acquisitions and to lay the groundwork for a potential public offering. […]


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Ramp partners with Linea to enable a direct connection between the zkEVM and the global financial system
Nickie Louise Posted On October 26, 2023


Ramp is a crypto fintech startup that enables users to seamlessly buy and sell cryptocurrencies within their apps. The company offers millions of users globally a direct connection between crypto and fiat currency and boosts their revenue with simple and […]


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Crypto fintech startup Atani raises $6M in funding despite crypto winter, launches new brokerage service
Nickie Louise Posted On October 24, 2023


Atani, a fintech startup that offers a comprehensive trading suite for crypto enthusiasts, has secured $6 million in funding to support the growth of its exchange services and fuel its international expansion. The funding comes at a time when venture […]


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FinTech
Airtm is launching its new ‘Enterprise Platform’
financewire Posted On October 24, 2023


Bogota, Colombia, October 24th, 2023, FinanceWire With the platform, enterprises can send and receive payments worldwide, enabling them to expand their global business using a single account. This new product is a low-cost solution that can provide enterprises with unparalleled […]


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FinTech
HAUTE: Valuation at CHF 100 million in just 17 months of listing
financewire Posted On October 20, 2023


Biel, Switzerland, October 20th, 2023, FinanceWire Ad hoc announcement pursuant to clause 16 of the BX Listing Rules Valuation at CHF 100 million in just 17 months of listing In merely 17 months of being listed on the stock exchange, […]


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UK fintech startup Uncapped raises £200M in debt financing from Fortress Investment Group
Daniel Levi Posted On October 19, 2023


Despite the ongoing dominance of artificial intelligence startups in the tech funding arena, investors are showing no signs of slowing down when it comes to backing promising and innovative fintech startups. In fact, just earlier this month, we reported that […]


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Fintech startup Globacap raises $21 million in Series B funding to digitize the $12 trillion private markets
Nickie Louise Posted On October 18, 2023


Private markets have seen a significant increase in Assets under Management (AUM), reaching a substantial $11.7 trillion in 2023. This number is expected to double within the next five years. However, despite its considerable size and importance, the processes within […]


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FinTech
SAP Fioneer to expand its mortgage solution to the US Market
financewire Posted On October 15, 2023


Walldorf, Germany, October 15th, 2023, FinanceWire SAP Fioneer, a leading provider of financial services software solutions and platforms, today announced it is expanding its proven lending platform to the US market, partnering with US-based Blue Sage Solutions and Ranieri Solutions. Based on proven technology and […]


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ALT21, a London-based fintech startup, raises $21M in funding to grow its hedging platform
Nickie Louise Posted On October 12, 2023


ALT21, a London-based startup and provider of an end-to-end platform for FX hedging, has closed $21 million (19.4 million euros) in funding, marking one of Europe’s largest pre-Series A funding rounds this year. The influx of capital positions ALT21 for […]


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Convera completes migration to AWS to accelerate faster payments and improve customer experience
Nickie Louise Posted On October 12, 2023


Convera, a B2B payments fintech startup, today announced it has successfully completed the migration of its payments network and customer services to Amazon Web Services (AWS). This move is set to empower Convera to offer a swifter payment network and […]


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Rainforest secures $8.5M in funding to help software companies embed payments into their platforms
Nickie Louise Posted On October 4, 2023


The influence of fintech extends throughout all facets of businesses, becoming an integral part of company operations. Nevertheless, the intricate web of government regulations and compliance often poses challenges when it comes to seamlessly incorporating payment into the existing organizational […]


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Top 100 Fintech Startups and Companies to Watch in 2023
Nickie Louise Posted On October 3, 2023


At the beginning of this year, we wrote a piece about the 100 fastest-growing fintech startups to reach a $1 billion valuation, the fastest. We’re now in the last quarter of the year, and a lot changed since then. In […]


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Gringo raises $30M in Series C funding to offer super app to Brazilian drivers and motorcycle owners
Nickie Louise Posted On September 27, 2023


Gringo, a Brazilian startup that offers a super app tailored for both car drivers and motorcycle owners, has secured $30 million in Series C funding to facilitate the expansion of its automotive credit and insurance product offerings and the introduction […]


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Series raises $25M in funding to replace ERP systems and revolutionize financial operations
Nickie Louise Posted On September 26, 2023


Navigating the intricate web of financial operations is a challenge for many businesses, juggling tasks like payments, global payroll, and HR management, alongside treasury management. The complexity only intensifies when integration with external entities is required. To address this, three […]


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French fintech startup Swan raises $40 million in funding led by early Revolut backer, Lakestar
Nickie Louise Posted On September 13, 2023


While AI startups continue to steal the spotlight with blockbuster funding, investments in fintech startups are slowly picking up steam. Just this week, we’ve highlighted two fintech startups, Tradeteq and ThetaRay, that secured a combined $70 million in funding. And now, […]


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Velmie launches core banking solutions for small banks
Nickie Louise Posted On September 7, 2023


The FinTech sector is undergoing significant changes, all because of the introduction of innovations to the finance industry. Its ultimate goal is to enhance the efficiency and accessibility of banking systems. As a result of this, the core banking sector […]


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Israel’s AI fintech startup ThetaRay raises $57 million in funding to secure global payments
Nickie Louise Posted On September 5, 2023


ThetaRay, an Israeli AI fintech startup that uses artificial intelligence (AI) to identify financial cyber threats, has raised $57 million in a private funding round led by global fintech platform Portage, with participation from existing investors JVP, OurCrowd, and others. […]


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