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Today In Payments: GoCardless Raises $95 Million; BarkBox To Go Public Via SPAC At $1.6 Billion Valuation

PYMNTS

UK FinTech GoCardless Raises $95 Million Led By Bain. FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. Fiserv To Acquire FinTech Ondot Systems. The FinTech Fiserv has signed a deal to acquire Ondot Systems. The financial terms of the agreement were not disclosed.

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How Spend Tools Feed Food Banks’ Need For Accountability

PYMNTS

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. This demand is driving the global expense management software market to reach $6.6 based FinTech, recently added a new corporate card to its portfolio of solutions. billion in value by 2025.

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

Mastercard Expands Digital Card Program To Include Instant Access, eWallet . Mastercard has grown its Digital-First Card Program in North America as demand rises for digitally-driven money management offerings. Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. Time on Tuesday (Sept.

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‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes? In a feature story, Rich Wessels, treasurer for transportation management and logistics firm Transplace , explains the “chicken-and-egg” dilemma that logistics companies encounter when considering the potential benefits of AP automation.

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CFPB’s Taskforce on Federal Consumer Financial Law releases report

CFPB Monitor

For example, the Bureau could have units dedicated to credit cards, mortgages, small dollar loans, fintech, and third party service providers (such as debt collectors and mortgage servicers), with each unit having enforcement, rulemaking, and supervision responsibilities. Fintech regulation.

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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

HQ: Boston, Massachusetts. Electronic gift card platform. Household bill management solution. Tags: Home management, bills, billpay, expense sharing, payments, mobile. Here are the deals listed by size from April 25 to April 30: Circle. Digital currency provider. Total raised: $76 million. Source: Crunchbase.

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Fintech Fundings: 26 Companies Raise $270 Million Second Week of August

Fintech Labs Insights

The fintech sector attracted $266 million in new capital the second week of August. Fintech deals by size from 6 Aug to 12 August 2016: Interactions. HQ: Franklin, Massachusetts. Digtial currency management for small businesses. Wealth management. P2P real estate investment management. Source: Finovate.