Mercury secures $100m Natixis CIB credit warehouse to fund IO card programme
The warehouse will apply to Mercury’s credit card programme, which launched in 2022.
The latest fintech news, resources and expert analysis in the USA by the leading intelligence provider for the worldwide fintech community.
The warehouse will apply to Mercury’s credit card programme, which launched in 2022.
NuMark is transferring “complete responsibility” of its self-servicing banking operations to NCR Atleos.
The deal will increase Grasshopper’s total assets to approximately $1.4 billion.
Logik.io previously raised $16 million through a Series A in May 2023.
DeFi Technologies has acquired Stillman Digital’s securities for 2.5 million shares, valued at $2.10 each.
The bank can now offer access to over 40,000 surcharge-free ATMs located throughout the US.
Alkami says the platform will enable the credit union to “foster greater engagement”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Chase intends to use the hires to maintain community-level support across 48 of the 50 US states.
Stax says this acquisition will reduce “friction” and enhance partner and customer experience.
An SEC 8-K filing says Fiserv expects to receive a “cash payment or assets” for its 40% stake in WFMS.
Minna develops technology to help consumers manage subscriptions via banking apps and websites.
Atleos’ Allpoint Network currently supports over 40,000 surcharge-free ATMs across the US.
The merger is intended to complete in 2025.
FIS’ loyalty engagement solutions will enable Commerce customers to earn rewards at the POS.
Eggers will spearhead VaticAI’s data science for AI-driven audience intelligence products.
Celebrating exceptional achievements and talent in the US payments industry.
Krom’s core ledger is being powered by SaaS cloud banking platform Mambu.
Mattson previously held the CISO position at Noname Security.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Visa says it expects to close the transaction in FY 2025.
Algebrik AI, a new loan origination system, will commence deployments in Spring 2025.
Macfarlane joins Rimes from Barclays, where he spent over six years in various managing director roles.
The DOJ alleges that Visa “illegally maintains a monopoly over debit network markets”.
Since starting its financial centre expansion drive in 2014, BofA has invested over $5 billion in the initiative.
Before joining Marqeta, Husaini was VP of machine learning at Capital One and led tech teams at Amazon.
OneAZ operates 20 branches across Arizona and claims to manage over $3.4 billion in assets.
Five Star Bank is looking to prioritise the growth of its core community banking franchise.
The Series C round was co-led by General Catalyst and Bloomberg Beta with support from Mastercard.
The proposed deal would expand NeoXam’s reach in the US, Asia and throughout Europe.
CCU says it required a digital platform that could “support its increasing number of members and their unique needs”.
CSI says Velocity “complements” its previous purchase of Hawthorn River last December.
Founded in 2021, Orb has now raised $44.1 million in total funding to date.
The solution will enable Old Second to streamline digital onboarding for retail and business banking customers.
Citi Trust claims $70 billion in AUA across more than 2,000 UHNW clients.
The Wall Street Journal reports that talks between JP Morgan and Apple commenced at the beginning of this year.
Launched in 2020, Veris operates as a distributed ledger network for equity swaps.
The acquisition is expected to close in Q1 2025.
The investment builds upon the £4 million the regtech secured from Maven Capital Partners in 2022.
The San Francisco-based start-up plans to expand its PayFi network on Solana and Stellar.