BusinessWire | FinTecBuzz

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InsuranceInsurtech Startup Spot Announces $17.5 Million in Funding

BusinessWireJuly 29, 20215 min

Company’s Unique Distribution Model, Via Partnerships and Direct to Consumers, Makes Injury Insurance Coverage More Affordable and Convenient for Tens of Thousands of Customers, Including Pro Athletes Spot, the tech startup modernizing insurance by providing digital, on-demand injury insurance to tens of thousands of customers, today announced it has raised $17.5 million in funding, including $15 million in equity and $2.5 million in debt. The round was led by GreatPoint Ventures, with participation from Montage...

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BankingMRV Banks & Vervent Launch the Revvi Card

BusinessWireJuly 29, 20213 min

Vervent is proud to announce the launch of MRV Banks’ all new Revvi card. Vervent helped bring this great new credit card to the market as the full-service credit card program management partner for MRV Banks. The Revvi card is designed for sub-prime customers who are looking for the perfect credit card but have not-so-perfect credit. Vervent partnered with MRV Banks on the Revvi concept, guiding program development, underwriting & risk modeling, design & full...

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BlockchainMOVO® Launches MOVO Chain®

BusinessWireJuly 28, 20213 min

Users can cash-in a cryptocurrency’s real-time value via a Digital Debit Mastercard®, Peer-to-Peer Transfer, Bill Pay or connection to Apple Pay® or Google Pay® MovoCash, Inc., a California-based Fintech company, today announced the launch of MOVO Chain® by MOVO®. This technology is a cryptocurrency-to-cash (C2C) and peer-to-peer (P2P2P®) interoperability solution that upends cryptocurrency sending and spending by using a patent-pending blockchain solution to quickly convert stored value held in cryptocurrency into fiat currency (United States Dollar) in the...

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PaymentsRipple Launches On-Demand Liquidity with SBI Remit

BusinessWireJuly 28, 20216 min

Partnering with Coins.ph and SBI VC Trade, SBI Remit Will Deliver a Superior Customer Experience with Faster and Cheaper Remittances Starting in the Philippines Ripple, the leading provider of enterprise blockchain and cryptocurrency solutions for global payments, announced today the launch of RippleNet’s first live On-Demand Liquidity (ODL) service implementation in Japan, in collaboration with SBI Remit Co., Ltd, the largest money transfer provider in Japan, and one of the leading mobile wallet services in the Philippines, Coins.ph....

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Financial SoftwareSRAX To Host the LD Micro Main Event

BusinessWireJuly 27, 20213 min

SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, will host the 2021 LD Micro Main Event, both in-person in Los Angeles and virtually via their Sequire Virtual Events platform, on October 12-14. LD Micro is the host of the most influential conferences in the small and microcap world. The LD events have been presented virtually since the start of the pandemic....

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Crypto CurrenciesForumPay Teams Up with Bambora

BusinessWireJuly 26, 20214 min

ForumPay, an international cryptocurrency-to-fiat payment service provider, has established a partnership with the global payments provider Bambora, a Worldline brand, to bring seamless crypto payment solutions to merchants and online shoppers. The partnership will cater to a large global audience and offer expanded payment options for both shoppers and merchants. ForumPay continues its march to dominate the growing crypto payments ecosystem for merchants around the world. “ForumPay provides merchants with a seamless, secure and instant...

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BlockchainPaystand Raises $50M

BusinessWireJuly 26, 20218 min

Leader in B2B DeFi leverages blockchain to automate the entire cash cycle for mid-market and enterprise customers, making B2B payments cashless, feeless, and frictionless. Paystand, the blockchain-enabled payment network for business, today announced its $50 million Series C round of funding led by NewView Capital with participation from SoftBank’s Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital. This new round nearly doubles the funding Paystand raised in prior rounds and reflects the company’s triple-digit growth...

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InsuranceCCG IQ’s ClaimCenter Add-On for Claims Estimating

BusinessWireJuly 23, 20215 min

The add-on streamlines the damage assessment and equipment pricing processes for claims involving HVAC systems and electrically powered equipment CCG IQ, a leader in tech-enabled insurance services and Guidewire PartnerConnect Solution partner, and Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced that CCG IQ’s new Ready for Guidewire validated add-on is now available to ClaimCenter users in the Guidewire Marketplace. CCG IQ offers a suite of services to empower insurers to make...

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BlockchainReplays Available from the Influential Companies

BusinessWireJuly 23, 20214 min

SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, hosted the 2021 Sequire Blockchain Conference, a preeminent virtual investor event, on July 15th. This elite, 1-day only event featured more than 10 leading Blockchain and Crypto companies, and talks with industry experts, including Brock Pierce, Maja Vujinovic, Saum Noursalehi, Rachel Wolfson, George Stella, Brittany Kaiser, Gilbert Hill, Justin Newton, Adrian Baschuk, Bryan...

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Crypto CurrenciesSynaps Chooses iProov for Secure Cryptocurrency Onboarding & KYC

BusinessWireJuly 20, 20215 min

iProov, the world leader in facial biometric authentication technology, has been chosen by Synaps to support the company’s global expansion. Synaps, the Paris-based provider of digital identity services for cryptocurrency, is implementing iProov’s Genuine Presence Assurance technology. This will verify the identity of users during the onboarding process using biometric facial authentication. Genuine Presence Assurance uses a simple, passive face scan to assure that an individual is the right person, matching the identity in a...

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