Business Wire

Press releases and announcements from the world of banking technology, fintech, payments and paytech, and the broader financial services sector, distributed by Business Wire.

TPG Growth and The Rise Fund Make Major Investment in Greenhouse Software

Investment will accelerate growth and continued expansion of leading hiring software provider NEW YORK & FORT WORTH, Texas & SAN FRANCISCO–(BUSINESS WIRE)–TPG Growth and The Rise Fund today announced that they have signed a definitive agreement to partner with Greenhouse, the leading hiring software company used by over 4,000 businesses, as a majority investor. TPG […]

BlackRock Boosts Aladdin’s Forward-Looking Sustainability Analytics and Reporting Capabilities Through Strategic Partnership with Clarity AI

 Clarity AI tech platform delivers insights on the social and environmental impact of over 30,000 organizations Data science and machine-learning help clients develop sustainability insights BlackRock announced minority investment in Clarity AI NEW YORK–(BUSINESS WIRE)–BlackRock Inc. (NYSE: BLK) today announced a minority investment in Clarity AI, a sustainability analytics and data science platform, as the […]

SIMON Invests in Key Strategic Growth, Welcomes Scott Stolz as Head of Insurance Solutions

NEW YORK–(BUSINESS WIRE)–#HelloSIMON–SIMON Annuities and Insurance Services LLC (“SIMON”) is pleased to introduce Scott Stolz, CFP®, RICP® as Head of Insurance Solutions. In this newly created position, Stolz is responsible for expanding the reach of SIMON’s annuities platform across new channels and will play an integral role in the development and release of new analytics […]

ZSuite Technologies Selected for ICBA ThinkTECH Accelerator

Initiative Advances Progressive Community Bank-Fintech Collaboration in the New Year BURLINGTON, Mass.–(BUSINESS WIRE)–#ZDeposit–ZSuite Technologies recently announced its participation in the Independent Community Bankers of America (ICBA) third annual ICBA ThinkTECH Accelerator, in partnership with The Venture Center. The ICBA ThinkTECH Accelerator program fosters fintech-community bank collaboration. “ZSuite is thrilled to participate in the ICBA ThinkTECH […]

Strivve Accelerates Growth and Business Momentum in 2020

The Company experiences rapid growth with financial institutions, fueling critical leverage with strategic distribution partners SEATTLE–(BUSINESS WIRE)–#Fintech—Strivve, Inc. today announced record growth in 2020 revenues resulting from the expansion of its business model related to partnerships with card issuers as well as card processing platforms and service providers. The issuers ranged from the largest tier-one […]

IMM Partners with FIPCO to Improve Financial Institutions’ Efficiency and Profitability

Partnership empowers customers to manage workflows with eSignature capability RAHWAY, N.J.–(BUSINESS WIRE)–IMM, the only eSignature provider that specializes in eSignature and digital transaction solutions exclusively for financial institutions, and FIPCO, a company that helps financial institutions operate more efficiently and profitably, have partnered for an embedded eSign integration that will streamline deposit account opening and […]

Arbuthnot Latham Adopts White Label Technology From smartTrade

AIX-EN-PROVENCE, France & LONDON–(BUSINESS WIRE)–#FX—smartTrade Technologies announced today that UK private and commercial bank Arbuthnot Latham has adopted its white label technology to enable the bank to connect and distribute financial products more competitively to its clients. smartTrade provides end-to-end electronic trading solutions for FX (including Options), Money Markets, Fixed Income and derivatives. smartTrade LiquidityFX […]

DPW Holdings’ Coolisys Power Electronics Business Announces Pre-Orders for Residential Level 2 Electric Vehicle Chargers Have Begun on Amazon

LAS VEGAS–(BUSINESS WIRE)–$AP #Amazon–DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW,” or the “Company”), announced that its power electronics business, Coolisys Technologies Corp. (“Coolisys”), began accepting pre-orders on for its ACECoolTM residential level 2 7kW single electric vehicle (“EV”) charger, on January 13, 2021. The wall mount charging system is compatible […]

Mogo Now Helping Over 1.1 Million Canadians Improve Their Financial Health

Q4 net member additions increased by 55% over Q3, second quarter in a row of accelerating growth VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company empowering the next generation of consumers with innovative financial products including buying and selling of Bitcoin through its mobile app, […]

Marqeta Announces Partnership With Goldman Sachs on Marcus Checking Offering

Marqeta’s modern card issuing platform will be leveraged by Marcus by Goldman Sachs to build new digital banking offerings. OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, announced today that it has been chosen by Goldman Sachs to partner on its Marcus by Goldman Sachs checking accounts, which will launch in 2021. Marcus’ upcoming […]

Using 3D Capture to Streamline Claims, VTS Secures Investment with Vlasic & Roth LLC (V&R)

HAMBURG, Mich.–(BUSINESS WIRE)–#3Dcapture–VTS ( is thrilled to announce an investment partnership with a group led by Vlasic & Roth LLC (V&R). The investment will enable VTS to leverage its position as a leader in 3D capture for streamlined claims consulting and risk reduction for insurance agencies and providers. V&R support will drive growth in key […]

Invoice Cloud Launches Outbound Campaigns to Accelerate Customer Engagement

New add-on feature allows Invoice Cloud clients to engage with customers through multiple communication channels including voice, email, and text BRAINTREE, Mass.–(BUSINESS WIRE)–Invoice Cloud, an EngageSmart solution and the leading provider of online bill payment services, today launched Outbound Campaigns, a new feature that allows companies to easily send custom messages through multiple communication channels […]

Blue C Introduces Signature BrandPWR Platform

Branding Agency Catapults National BrandPWR Launch with Aggressive Television Campaign COSTA MESA, Calif.–(BUSINESS WIRE)–#branding—Blue C, a leading Southern California-based branding and marketing agency, is proud to announce the public launch of its tested and proven BrandPWR platform. After a highly successful pre-launch period resulting in accelerated growth, brand clarity and improved audience resonance for the […]

Figure, J.P. Morgan Close $100 Million Financing Facility for Jumbo, Conforming Mortgages

Deal Marks Fifth Financing Facility Totaling $1.45 Billion That Figure Has Completed, Marking Another Category of Rapid Growth for Fintech Pioneer SAN FRANCISCO–(BUSINESS WIRE)–Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, announced today its subsidiary Figure Lending LLC has closed a $100 million financing facility for conforming […]

DPL Financial Partners Secures Growth Capital From Eldridge and Atlas Merchant Capital

Industry leaders Todd Boehly and Bob Diamond lead fintech investment with broad reach LOUISVILLE, Ky.–(BUSINESS WIRE)–DPL Financial Partners (“DPL”), the leading insurance network for registered investment advisors (RIAs), today announced a $26 million combined equity capital investment from its initial investor, Eldridge, and Atlas Merchant Capital, the private investment firm founded by Bob Diamond and […]

SRAX to Host and Present at the B. Riley Securities 2021 Vision Day on the Sequire Virtual Events Platform

LOS ANGELES–(BUSINESS WIRE)–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, announced that it will be hosting the B. Riley Securities 2021 Vision Day via its Sequire Virtual Events platform, and presenting at the event as one of B. Riley’s top picks […]

Wings Financial CU Selects Access Softek’s Video Chat to Add Personal Element to Digital Interactions

BERKELEY, Calif.–(BUSINESS WIRE)–Apple Valley, Minn.-based Wings Financial Credit Union ($6.5 billion in assets) will now offer Access Softek’s Video Chat to its members to provide a more personal touch to digital interactions. Access Softek, Inc., an omnichannel digital banking platform provider, created Video Chat as a full-service extension of the branch, helping credit union staff […]

AICPA Encourages Firms to Aggressively Advance PPP Applications

SBA Expected to Reopen for All Lenders by Friday, Jan. 15 NEW YORK–(BUSINESS WIRE)–The American Institute of CPAs (AICPA) expects the federal government to open up the application process for all lenders participating in the latest round of the Paycheck Protection Program by Friday, and encourages CPA firms to advance the application process for small […]

Neo Financial Teams Up With Concentra Bank to Offer Neo Savings, the First Canadian Fintech to Offer a CDIC-Eligible High-Interest Savings Account

CALGARY, Alberta–(BUSINESS WIRE)–Neo Financial (Neo), a Calgary-based fintech company created by two of the co-founders of SkipTheDishes, has announced a first-of-its-kind collaboration with Concentra Bank (Concentra), a Schedule 1 bank that is quietly fuelling innovation. Through this relationship, Neo is the first Canadian fintech company to offer a CDIC-eligible high-interest savings account that works like […]

DPW Holdings’ Digital Power Lending to Provide Business Loans Collateralized by Bitcoin (BTC) and Ethereum (ETH)

DPW Holdings Anticipates New Lending Program to Begin in March 2021 LAS VEGAS–(BUSINESS WIRE)–$AP #AultGlobal–DPW Holdings, Inc. (NYSE American: DPW), a diversified holding company (“DPW,” or the “Company”), announced today that its fintech lender, Digital Power Lending, LLC (“DPL”), a California Finance Lender (License No. 60 DBO-77905) and wholly-owned subsidiary of Ault Alliance, Inc. (“AAI”), […]

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