Manchester United to offer U.S. credit card with FinTech startup
Manchester United has inked a deal with fintech startup Cardless to create a U.S. credit card that offers more than the typical range of rewards.
Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation
Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, raised $115 million in a funding round led by digital payments giant Stripe and D1 Capital Partners, valuing it at $1.6 billion, it said on Thursday. The two-year-old New York-based firm competes with American Express, new-age fintech startups such as Brex and older expense management software makers like Expensify and SAP Concur. Stripe, which had invested in Ramp previously as well, had in March raised $600 million at a valuation of $95 billion. To read more, please click on the link below… Source: Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation | Reuters
Acorns’ new fintech target is debt management with acquisition of Pillar
Saving and investing app Acorns has acquired Pillar, an AI-powered startup built to help manage student loan debt, in its second acquisition of 2021.
Fintech startup Greenwood raises $40million in funding to provide Black and Latino banking services
Greenwood, the digital banking platform for Black and Latino individuals and business owners, today announced it has closed $40 million of Series A funding
Airwallex’s latest US$100 million capital raising puts valuation at US$2.6 billion
Airwallex announced that the company’s valuation has increased to US$2.6 billion with a capital raising of US$100 million in a further Series D extension.
Fintech startup Feedzai valued at $1 billion in KKR-led funding round
Fintech group Feedzai said on Wednesday it had raised $200 million in a round led by investment company KKR valuing the startup at more than $1 billion.
This startup is giving customers early access to billions in stimulus checks
During the Covid era, the battle between banks and fintechs is expanding to see which can pay out stimulus checks the fastest.
Fintech start-up Payoneer partners with Mastercard ahead of $3 billion public offering
Digital payments company Payoneer is partnering with Mastercard to offer small businesses a digital payments card.