Weekly Wrap: Fintechs score big investments, chatbot developments ramp up
This week investors funneled nearly $1 billion to fintechs MX, Blend, Rho Technologies and Rapyd, some of which are teeing up automation initiatives ...
Tag: Capital & Funding
Banks lean Republican with donation dollars
Commercial banks are leaning right so far this election cycle. According to data from the Center for Responsive Politics (CRP), ...
CB Insights: Fintech funding rebounds in Q2
Fintech funding rebounded in the second quarter, after suffering a dip due to the pandemic, according to “The State of ...
Weekly Wrap: Varo is a bank and a big week for payments startups
Varo Money officially announced today it is shedding the “banking startup” title, as the company has finally received its banking ...
OnDeck’s low price tag may signal problems for fintech lenders
This year continues to see major fintech acquisitions. Enova International announced yesterday it will acquire the small business lending fintech ...
Acrisure buys Tulco’s AI insurance business in $400 million deal
Acrisure LLC, an insurance brokerage, agreed to purchase an artificial-intelligence business from Tulco LLC in a transaction valued at $400 ...
Credit Suisse invested $100 million in Ant, expects windfall
Credit Suisse Group AG invested nearly $100 million in Ant Group during its last funding round, according to people familiar ...
VC-backed fintech funding slumps in Q1
The very pandemic that has prompted venture capital firms to pull back from fintech funding may be the ultimate proving ...
AvidXchange eyes acquisitions after latest funding round
AvidXchange is eyeing additional acquisitions and scalability after scoring an additional $128 million in equity capital on the heels of ...
Weekly Wrap: PPP forces advances in automation, while Moven bails [VIDEO]
This week's banking innovation continued to be dominated by efforts to automate the Payroll Protection Program loan underwriting -- before ...
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