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NovoPayment lands $19M, spearheads US growth

Payments Dive

Miami-based NovoPayment, the banking-as-a-service provider of digital payments and other services, is collecting capital for an expansion move in the U.S., just as its key business territory in Latin America is heating up as a destination for international fintech expansion.

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Passport, the technology business for city transit systems, raises $43 million

PYMNTS

Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million. The money, from Bain Capital Ventures, will go to help the company expand its payment and transaction services nationally and internationally.

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Burger King To Give Some Venmo Users $1 To Promote New Dollar Menu

PYMNTS

Burger King's use of marketing efforts that capitalize on a keen sense of social media has won the Miami-based company kudos. Business Insider reported that fast food purveyors sometimes offer discounts in January because it's a time when some potential customers are minding their budgets.

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Funding round-up: Investors dig deep for Nymbus, Trade Ledger, Mesh and TomoCredit

BankInovation

Several startups received a capital boost this week as investors funnelled millions of dollars into technology that automates and streamlines traditionally laborious manual processes. Here are the highlights: Nymbus Nymbus, a Miami-based company that offers digital banking tools, announced on Wednesday a […].

Miami 98
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INV Global Announces Launch of Token Offering, App for Corporate Venturing

Bank Innovation

INV Global, which includes INV Fintech, this site’s sister accelerator, announced its upcoming token offering at the North American Bitcoin Conference (#TNABC on Twitter) yesterday in Miami. The global accelerator is launching an application to support the corporate venture ecosystem by connecting them with the most relevant startups.

Miami 220
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Glossier Brings Shops To Nordstrom

PYMNTS

The beauty brand has launched pop-up shops in cities such as Austin, Miami, Boston and London, but its success has primarily been in online sales of its lotions, lash products and soft, pink-colored lip balms since its 2014 inception. fragrance sales.”.

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Banks Bring Coffee Shops To New Branches

PYMNTS

With the bank branch of the future, large institutions such as Capital One and Fifth Third are aiming to create spaces that appeal to millennials around Chicago that provide technical support, financial advice and — in some instances — cappuccino. By the same token, Capital One has brought three Capital One Cafes in Chicago.

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