Fintech-Focused Startup Accelerator Seeks Applicants for 2021
September 4, 20204 min
Initiative is Led by the Association of International Certified Professional Accountants and CPA.com
Vena Receives US$25M Financing from CIBC Innovation Banking
September 3, 20203 min
CIBC Innovation Banking is pleased to announce a growth capital financing for Toronto-based Vena Solutions Inc. (“Vena”), a provider of cloud-based financial planning and analysis software. The funding enables Vena to accelerate growth by further expanding product content and market reach. Backed by JMI Equity, Vena has established its position as a market leader with more than 800 clients around the world. Vena connects existing systems with an Excel interface and powerful integrated planning capabilities...
Brazilian Fintech secures a Series C investment of $300 million
September 2, 20208 min
Neon Pagamentos, a leading Brazilian fintech, has secured a Series C investment of $300 million led by General Atlantic, a leading global growth equity firm. New investors participating in the round include funds and accounts managed by BlackRock, as well as Vulcan Capital, PayPal Ventures, and Endeavor Catalyst, in addition to former investors Monashees and Flourish Ventures. BBVA also participated via existing shareholder Propel Venture Partners. The investment will be split between two tranches of $150 million each. The Series C proceeds will be...
Pintec wins ‘Best Consumer Finance Product in China’ award
August 31, 20204 min
Pintec Technology Holdings Ltd. (“Pintec”;NASDAQ: PT), a leading independent fintech solutions provider, won the “Best Consumer Finance Product in China” from The Asian Banker China Country Awards 2020, which was announced Friday at Finance China 2020 conference in Shenzhen. The Asian Banker runs several international and county-level awards programs that have emerged within the banking and financial services community as undisputed benchmarks against which to measure the performance of the best financial institutions. Pintec, among other winners, stands...
Fintech FinFit Launches Employee Savings Accounts Program
August 31, 20203 min
FinFit, a FinTech company that provides over 150,000 employers with a unique financial wellness benefit platform, today announces the launch of the first employee savings account program in the financial wellness industry which allows employers to contribute. With this benefit, employers will be able to match up to 100% when their employees fund their FinFit savings account. Allowing employees to allocate a portion of their paycheck to savings will both automate the process and establish...
Fintech PointServ Integrates With APPSolute Transcripts
August 28, 20202 min
PointServ Technologies announced today an integration with APPSolute Transcripts, LoanBeam’s tax transcript solution (https://loanbeam.com/company-news/pr-appsolute-transcripts/). This integration will allow lenders to leverage PointServ’s best-in-class automated 4506-T Fulfillment technology (www.pointserv.com) alongside LoanBeam’s self-employed calculation tool to simultaneously calculate and verify tax return data. “This integration further strengthens the synergistic partnership between PointServ and LoanBeam,” said Matt Ellis, PointServ’s SVP Business. “We are proud to support a cutting-edge Tax Transcript offering that will help lenders certify borrower income in both an...
FinTech Startup PrizePool Raises $4.25M
August 28, 20207 min
Ups the Game on Boring, Low-Interest Savings with Guaranteed Prize Money Every Month and Referral Program so Customers Save and Win with Friends and Family
Magnitude Software Automates Master Data Harmonization for SAP
August 27, 20207 min
New Accelerators Empower the SAP Central Finance Community to Expedite and Deliver More Value from Deployments Magnitude Software, provider of enterprise application data integration and analytics solutions to the world’s leading businesses, today announced the release of SAP Central Finance Data Harmonization application by Magnitude for SAP S/4HANA. Building upon the launch of the company’s SAP Central Finance Transaction Replication application by Magnitude for SAP S/4HANA solution, the new offering helps accelerate the consolidation, initial load, and ongoing interface of...
Fintech Company Qube Money Integrates With Plaid
August 25, 20203 min
Qube Money, an up and coming fintech company, has integrated with Plaid, a data network that powers the fintech tools millions of people rely on to improve their financial lives. This integration will help Qube users spend and save money with purpose. Plaid’s technology enables consumers to easily permission and share their financial data with digital apps and services to help manage their money. Plaid provides a seamless connection between users’ bank accounts and their...
FinTech Company Uses Online Appointment Setting
August 20, 20203 min
Public Employee Retirement Assistance utilizes technology to pair public employees with retirement specialists virtually and is now a subsidiary of Grow Capital, Inc.