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Amidst and despite the Covid-19 crisis, Card Dynamics has raised 2.5M€ as it consolidates its roll out in Spain and Latin America. Big Sur Ventures has led the round, accompanied by GAA, an investment management firm based in the US, and other private investors. Whilst these are unfavorable times for fintech fundraising, Card Dynamic’s focus on subscriptions and the growing transition to card payments has allowed the company to gain traction with banks and retailers and secure funding. Growth in new...

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Financial Information Technologies, LLC (“Fintech“), the leading business solutions provider for the beverage alcohol industry, today announced a renewed strategic partnership with the National Beer Wholesalers Association (NBWA), the leading voice for America’s 3,000 independent beer distributors. Together, Fintech and NBWA bring collaborative programs and resources to beer distributors across the country. Since the relationship’s inception in 2014, Fintech and NBWA have significantly impacted the United States beer industry. In the last six and a half years,...

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TrueNorth, a global fintech software development company, today announced its new partnership with Codat, a technology company that connects the internal systems of small businesses to financial institutions, including fintechs. The partnership provides Codat’s FI clients with direct access to a software engineering implementation team to integrate Codat’s single API solution. Pete Lord, CEO of Codat, said, “We are excited to be partnering with TrueNorth to bring our single API solution to financial institutions of...

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Latinia, a software vendor specializing in real-time event processing for financial institutions has recently announced its investment in the SaaS fintech company Ábaco, which operates in Colombia and Mexico and provides financial access to unbanked individuals. Ábaco develops a groundbreaking software for the generation of credit histories, the lack of which is a barrier preventing millions of workers from gaining access to credit. In the words of Latinia’s Corporate Development Director Oriol Ros, “We believe in...

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Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), a financial technology company focused on empowering consumers with innovative digital financial solutions that help them get in control of their financial health, today announced it has reached a definitive agreement (the “Agreement”) to acquire Carta Solutions Holding Corporation, also known as Carta Worldwide (“Carta”), a leader in providing next-gen digital payments solutions, in an all-stock transaction by way of a plan of arrangement (the “Transaction”). The combination...

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Broadridge Financial Solutions, Inc., a global Fintech leader and pioneer in virtual shareholder meetings (VSM), has announced the first phase of its enhanced VSM platform. This next generation of VSMs will increase accessibility, transparency and engagement to meet the rising expectations of corporate issuers, mutual funds and shareholders. As part of the initial phase, Broadridge has made extensive investments and developed Application Programming Interfaces (APIs) which will enable Broadridge to validate beneficial shareholders who log on...

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Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that Linda Middleditch, Chief of Product Strategy and Engineering, has won the Markets Choice Awards – European Women in Finance Awards in the category for Excellence in FinTech. Linda joined Itiviti in June 2019 after spending more than two decades of her career within the financial services industry, where she held senior leadership positions at UBS, Citi and Morgan Stanley. She worked with every asset...

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