Fintech Startup Greenwood Raises $40 Million
March 26, 20216 min
The biggest names in finance invest in Greenwood including 6 of the top 7 banks and others - Truist, Bank of America, PNC, JPMorgan Chase, Wells Fargo, Mastercard, Visa, and SoftBank
HES FinTech Partners with Ondato
March 24, 20215 min
Ondato and HES FinTech, two major European technology vendors, today announced a strategic partnership to reach synergy in assisting financial organizations on their way to digital transformation. About the partners HES lending and scoring software is used for automated loan origination and loan servicing by SME lending and consumer lending, POS lending, and P2P marketplaces. The company provides end-to-end solutions: from UI/UX of websites and customer portals to AI-based credit scoring and highly functional back-office powered...
Nymbus Labs Debuts with Portfolio of Pre-Built Niche Banks
March 23, 20215 min
NYMBUS®, a leading provider of banking technology solutions, today introduced Nymbus Labs to the financial services market. Built and operated to systematically remove barriers to digital banking innovation, Labs brings together Nymbus’ world-class development, marketing and user experience teams to amplify the capabilities of traditional institutions and extend their reach to new niche segments for next-generation growth. With Nymbus Labs, partnering banks and credit unions have three unique opportunities to leverage a digital bank brand...
Neobank First Boulevard Raises $5 Million Seed Investment
March 2, 20218 min
First Boulevard, a digitally native neobank focused on improving the financial livelihood of Black America, today announced it has raised $5 million in Seed funding from a group of leading financial services investors including Barclays and Anthemis and notable angels such as Gabrielle Union, John Buttrick and Jamere Jackson. With its latest raise, First Boulevard aims to expand its mission-driven team, increase its customer base and grow the platform to offer fee-free debit cards, financial education, a Black business marketplace (which...
William Blair Continues Investment Banking Expansion
February 26, 20213 min
William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, today announced that Bryan P. Finkel and Eric G. Roddy joined the firm’s growing investment banking team and will focus on special purpose acquisition company (SPAC) transactions. Finkel and Roddy join as managing directors based in the New York office. “We are ecstatic to have Bryan and Eric join us and accelerate the growth of our existing SPAC...
Ingenious Financial Announces Plan to Raise $200M Series A Funding
February 25, 20216 min
Veteran bankers set goal to own a bank to better serve underserved and underbanked communities
i2c Partners with Zytara for Digital Banking Platform
February 24, 20213 min
Leading fintech company creates the world’s first digital bank for Millennials, Gen Z gamers and esports enthusiasts
Comviva Recognized For its Key Digital Banking Platform
February 16, 20215 min
Omdia, formerly Ovum, one of the world’s leading research and consultancy company, has featured Comviva’s mobiquity® Banking Suite as one of the key Digital Banking Platform globally in its recently launched report Omdia Universe: Selecting a Digital Banking Platform, 2020–21. Comviva has been ranked high on “customer experience” and its mobiquity® Banking Suite has been judged to be a “very innovative solution”, basis recommendation from clients. The report highlights that Comviva has an agile platform and a team...
Equifax Acquires Open Banking & Transaction Data Analytics Company
February 10, 20215 min
Equifax, Inc. (NYSE: EFX) has acquired transaction data analytics company AccountScore Holdings Limited to bolster its Open Banking and insights capabilities. The acquisition will see Equifax enhance its consumer and commercial product offerings, combining traditional credit bureau information held by Equifax with bank transaction data, facilitated by AccountScore. Integration of these new data assets will enable Equifax clients to benefit from higher rates of automated, digital income verification, to carry out more granular assessments of affordability...