Truework, a fintech company that provides income and employment verification for the nation’s largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, today announced it raised $50 million in Series C funding. Sequoia Capital, Activant Capital, and Khosla Ventures returned investors joined G Squared in leading the Series
It is obvious now, five years later, that those worries were unjustified. Five million open banking-driven payments were made by UK businesses and consumers in May 2022 alone. In the same month, the open banking community in the UK made a record 1 billion API calls. So, rather than being a limiting action by the
Backbase is proud to announce that the Backbase Engagement Banking Platform is now listed in the Microsoft Azure Marketplace, apps and services are offered online for use with Azure. Customers of Backbase can benefit from the reliable and effective Azure cloud platform, which has simplified setup and maintenance. This listing is the next exciting step
A renowned software investment firm, Thoma Bravo, has entered into a definitive agreement to purchase Ping Identity, a supplier of the Intelligent Identity solution for the enterprise, for $28.50 per share in an all-cash deal with an Enterprise Value of almost $2.8 billion. The offer is valued at about 63 percent more than Ping Identity’s
Revolut, the financial super-app with 20 million customers worldwide, today announced another push to the platform’s investment offering with the release of 22 new crypto tokens. With these latest additions, Revolut’s cryptocurrency service now supports 80+ coins, an increase of x8 when compared to the beginning of 2021. The newly announced cryptocurrency includes the Metaverse
Moving boxes across nations is only one aspect of the supply chain, and there are other factors at play in the current global issue than just capacity and driver shortages. Participants in international trade must deal with dozens of vendors and the difficulties that come with them, including moving and storing products, passing customs, navigating
Global Payments Inc., a leading worldwide provider of payment technology and software solutions, and EVO Payments, Inc., a leading global provider of payment technology integrations and acquiring solutions, today announced that Global Payments will acquire EVO in an all-cash transaction for $34.00 per share. The deal will increase Global Payments’ target addressable markets significantly, strengthen its
In the world of cryptocurrencies, fraudulent activity is still unchecked. Crypto trading apps are offered by organizations like Apple and Google. As thieves increasingly produce fake apps with names and logos, there has been an increase in fake apps based on these two. Apple and Google Call for Scrutiny Who provides this original(the logos, access
If you own an accounting firm, you’ll probably need a regular flow of new clients each year to maintain the health of your company and to take the place of any current clients who decide to part ways. However, since the majority of accounting firm owners are focused on running their businesses during the day,
12th Sep - 14th Sep 2022 | New York, USA
12th Sep – 14th Sep 2022 | New York, USA inventive demonstrations. seasoned speakers. influential visitors. FinovateFall has the connections and inspiration you require. Back in New York for FinovateFall! This is your chance to establish direct contact with the fintech community once more and set your future trajectory. There is no better location to
In order to maximize their growth and remain relevant in the new era, banks and fintechs are responding to the evolving needs of the younger generation by drawing inspiration from the achievements of other well-known companies. Global brands have been successfully connecting with customers in recent years to the point that they have taken on
Marketing for financial services has always been challenging. It takes significant skill to explain your offer, be completely open, sound seductive, and still be relevant and interesting. So, where do you start? Now that social media and content consumption are so pervasive, you should be figuring out what content can strengthen your brand and provide
