Tag: US
Banks gravitate to blockchain to cut $3.6tn compliance costs
Distributed ledger technology is now something that banks are taking very seriously, however, with blockchain-based systems potentially enabling them to save billions.
Finicity picks up $42m for financial data aggregation
Real-time financial data aggregation platform Finicity has picked up $42m in new funding. Experian led the Series B round with Bridge Bank also participating.
MoneyLion grabs $22.5m for personal finance management
Personal finance and lending platform MoneyLion has raised $22.5m in its Series A round. The funding was led by Edison Partners.
Active Allocator hits $8m valuation through equity round
New York-based FinTech business Active Allocator has hit an $8m valuation through an early-stage equity financing round.The business aims to bring institutional quality asset allocation...
Blackhawk Networks picks up Grass Roots for $118m
Blackhawk Networks, a prepaid payments company, has acquired employee and customer engagement platform Grass Roots for $118m.
Barclays and Wave carry out first blockchain trade transaction
Barclays has partnered with Fintech startup Wave to carry out what it claims in the first global trade transaction using blockchain technology.
Advisen nabs $6.5m for commercial insurance analytics
New York-based company Advisen, a provider of real-time analytics and research of the commercial insurance sector, has raised $6.5m in debt financing.
Insurity wins another PE backer in new funding round
Hartford, Connecticut-based Insurity Holdings, a provider of insurance policy administration, claims, billing, and analytics software, has attracted General Atlantic as new investor.
Soros, Thiel-backed Trumid raises $10m for corporate bond trading
All-to-all electronic credit trading platform Trumid Financial, has reeled in $10m in a new venture funding round, led by Delphi Financial Group.
Auto insurer Goji hits more than $89m in total financing
Boston-based Goji, a provider of online auto insurance solutions, has raised $19m in its latest financing round bringing its total funding to date to $89.2m.