US fintech MainStreet lays off 30% of employees
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
BehavioSec tracks mobile touchscreen signals to continuously authenticate identity and prevent fraud.
Column is the only nationally chartered developer infrastructure bank in the US.
Savino will head up a fintech start-up team as the consultancy looks to bring a new BaaS solution to market.
The company operates in Mexico and Chile and has more than 450 employees spread throughout LatAm.
The early-stage round was led by Matrix Partners and saw participation from PayPal Ventures.
The new funds will be used to expand its merchant network and product offering.
This week’s funding round-up includes three North American fintechs – CoreChain, OneVest & Crowdz.
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
The partnership will offer new debit and credit card capabilities for businesses and consumers.
Pry CEO Andy Su says: “With Brex’s scale and reach, we can have a much bigger impact right away.”
James Phillips joins Stripe after a decade at Microsoft.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Microsoft says the partnership will drive value for SMEs, “the backbone of job creation in the world’s economy”.
The firm launched its US credit card in March 2021 and has an office in Atlanta.
Embedded finance has already started to streamline financial processes in both consumer and business commerce.
The firm previously secured $150 million in a Series B round in July 2021.
Signicat CEO says: “We now look forward to the next phase of our international expansion.”
The Mosaic platform was launched in 2019 and is designed to ‘reboot’ financial planning and analysis.
The extension brings the company’s total Series C funding to $135 million.
Apollo Fintech will deploy Sonar on its new bank-to-bank payments service Knox Wire.
The transaction is expected to be completed in the second half of 2022.
The deal will see Medius open a new corporate office in Q2 2022 in Jacksonville, Florida.
Alkami intends to integrate Segmint’s machine learning tech with its digital banking capabilities.
Ramp’s raise included $200 million in fresh equity funding and $550 million in debt financing.
The Series C comes just seven months after the company’s $57 million Series B funding round.
Investment professionals from Citi Ventures, Albion VC and Finch Capital discussed the ‘next big thing’ in fintech.
The round, led by Vistara Growth, saw participation from Bluesky Equities, Tribune Capital and Rising Tide.
The US’s sixth largest independent acquirer has snapped up the long-standing merchant gateway specialist.
SignalFire founding partner Ilya Kirnos will also join Argyle’s board of directors.
Novel Capital allows entrepreneurs to leverage their recurring revenue to access non-dilutive capital.
Unbanked has attracted nearly $1.5 million from 1,500+ investors so far. The round closes on 26 April.
Capchase CEO says funding businesses “is not a one-size-fits-all approach anymore”.
IDS is expected to generate revenues worth approximately $15 million in 2022.
Stax has grown 500% in the past three years and processed more than $23 billion in payments.
The deal is expected to close by the end of Q1 2022.
Payoneer will deploy ThetaRay’s Sonar solution from Q2 2022.
Based in Montreal, Quebec, the fintech offers business accounts for SMEs.
US-based start-ups Growfin and PTO Exchange raise $1.4 million and $5.4 million, respectively.
Our weekly fintech round-up for you to get the latest funding news.