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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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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.

Payments 159
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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Here are critical facts to know about some of the most popular BNPL service platforms: Afterpay: Afterpay was founded in Australia in 2014 but was acquired by fintech Square earlier this year. When deciding whether to use a BNPL service for a purchase, it is essential to read the fine print. Looking Ahead in the BNPL Landscape.

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Alt-Lending Conglomerate TruFin Lands $97M In IPO

PYMNTS

just secured more than $97 million through an initial public offering. The firm is the holding company for an array of FinTech companies operating in supply chain finance, invoice finance and the dynamic discounting market. An alternative lending conglomerate based in the U.K. reports noted.

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The 2022 GonzoBanker Awards

Gonzobanker

TD has been a player that maintained its acquired market share so we are hoping this one doesn’t get messed up like other Canadian banks that have struggled in the Southwest. Since 2014, Seacoast has been on a buying spree acquiring 14 banks. Provident Financial Services, Inc. banks by market value.”.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

The same group completed fewer than 25 investments in aggregate between 2012 and 2014. Thus far, Aviva has led seed investments to startups in two of those spaces: Cocoon in smart home security and AppyParking which accesses public and private parking data. Allianz Ventures. American Family Ventures. Aviva Ventures. 13 in 2015.

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Analyzing The Private Market Investment Strategies of P&C Insurers

CB Insights

The same group completed 20 investments in aggregate between 2012 and 2014. Hiscox’s investments signal that the British insurer is very interested in startups working in online small commercial distribution or enabling technologies for commercial insurance in the US. in funding. Munich Re/HSB Ventures. Number of investments: 8.