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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. 24) it raised $215 million in Series C venture funding. The investment and its associated valuation put the company's total value in excess of $1.2

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Nium Teams Up With Visa To Issue Credit Cards In Australia

PYMNTS

Nium , a financial technology platform, has become a Visa issuer in Australia as part of its membership in Visa’s FinTech Fast Track program. Nium said its technology and business relationship with Visa can “streamline and simplify” the issuing of credit cards and their use by digital wallets.

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Veem Grows Multi-Rail B2B Payment Capabilities

PYMNTS

The company said that the advancements will better the method in which firms make and receive payments domestically and internationally, "following a successful year of growth for the financial technology firm," according to the announcement.

Payments 150
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Mastercard Adds More Startups To Its Accelerate Program

PYMNTS

Mastercard is expanding its Accelerate financial technology (FinTech) portfolio and is adding 11 companies to its Start Path startup engagement program, according to a Wednesday (Aug. 12) announcement. The company said its efforts recognize “the important role FinTechs play in the world’s rapid digital transformation.”.

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Online lending fraud: A temporary glitch or a long-term issue for lenders?

Bobsguide

Online lenders have been disrupting the lending ecosystem by combining innovation with advanced financial technology to improve borrower experience, address underserved markets, and reduce operating costs. In 2014, the US. William Wagner, CMO/Vice President of Marketing, Cloud Lending Solutions.

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Last Chance for FinovateFall 2014 Early-Bird Tickets!

Fintech Labs Insights

FinovateFall 2014 is just six weeks away and the buzz is building. FinovateFall 2014 is sponsored by: The Bancorp , CapitalSource , Financial Technology Partners , Greater St. After announcing the impressive roster of presenters a few weeks ago we''ve seen a substantial surge in ticket sales.

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Today In Payments: Wirecard’s Former CEO Markus Braun Arrested; Airbnb CEO Sees Potential For 2020 IPO

PYMNTS

Braun faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet to make it look more appealing to investors and customers. Visa has crossed a key milestone — 1 billion tokens issued since the company released the first one in 2014.

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