article thumbnail

Fintechs seek US government funds to help make business loans

Bank Innovation

Financial-technology firms including PayPal Holdings Inc. Industry group Financial Innovation Now urged Congress in a letter to provide capital to online lenders including PayPal and Square Inc., government funding. and to permit the firms to […].

US 259
article thumbnail

Bain Capital Hires Keri Gohman As An Operating Partner

PYMNTS

Bain Capital Ventures announced it has hired FinTech industry veteran Keri Gohman as an operating partner. Keri is a powerhouse — a proven leader who has spent her entire career reinventing financial services and helping organizations solve global challenges,” Matt Harris, partner at Bain Capital Ventures, said in an emailed press release.

Capital 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

This Sequoia Capital-Backed Neobank Raised $750M To Scale Operations

CB Insights

The round drew participation from Sequoia Capital, Tiger Global Management, General Atlantic, SoftBank Group, and Dragoneer Investment Group. California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank.

Capital 78
article thumbnail

Corporate Payments Firm AccessPay Secures US Backing

PYMNTS

. “We are one of a few players in the world focusing on that space,” said AccessPay CEO Anish Kapoor, adding that the company addresses the friction associated with back-end corporate financial technologies operating in siloes. ” Beringea, based in both the U.K. and U.S., In 2017, it co-led a $15.2

Security 143
article thumbnail

Ripple Closes $55 Million Venture Capital Round

PYMNTS

“We’re thrilled to have these world-class investors joining forces with us to help make this vision a reality.” ” Existing Ripple investors include GV (Google Ventures), Andreessen Horowitz, IDG Capital Partners and Jerry Yang’s AME Cloud Ventures. Ripple has received a total of over $93 million in funding.

Capital 100
article thumbnail

Uplinq partners with Visa

The Paypers

Uplinq Financial Technologies has announced its partnership with Visa in order to expand access to working capital for small companies in the US and Canada.

article thumbnail

New Greenlight Financial Round Pushes Valuation Past $1.2B

PYMNTS

FinTech company Greenlight Financial Technology , which makes products to help parents raise financially literate children, said Thursday (Sept. The round also included new investors BOND, DST Global, Goodwater Capital and Fin VC and Greenlight’s first institutional investor, Relay Ventures.

Atlanta 140