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Marqeta rolls out instant card-tokenization service

Payments Source

The Oakland, Calif.-based based startup’s Marqeta Tokenization-as-a-Service enables banks or fintechs to instantly add credit, debit or prepaid cards to a digital wallet by directly managing tokens instead of going through a third party, Marqeta announced on Tuesday.

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Marqeta acquires Power Finance for $275M

BankInovation

Payments fintech Marqeta announced today it will acquire credit card management platform Power Finance in an all-cash transaction to help supplement its credit offerings. The Oakland, Calif.-based based fintech (NASDAQ: […]

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How A Bank And A FinTechs Are Jointly Cracking The Code On Financial Inclusion

PYMNTS

The favored narrative about banks and FinTech startups is generally not a love story. Whereas FinTechs are undoubtedly newer and faster – risen from the digital age to put banks out of business – they aren’t always able to take deposits or keep some of those associated warranties. Usually, it is more of an all-out war story.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

The year ends with a total of about $19 billion invested into private fintech companies (includes debt and equity). It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. HQ: Oakland, California. Credit risk management.

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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Finovate alums accounted for 40% of the week’s dollar volume including: Personal Capital raised $75 million for its digital wealth management service. Fintech deals by size from May 14 to 20, 2016: Clover Health. Digital wealth manager. Consumer credit card management. million) and Jetty ($4 million).

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Fintech Fundings: 23 Companies Raise $685 Million Week Ending Dec 18

Fintech Labs Insights

But if there’s one in the fintech sector, the dozens of investors in these 23 companies didn’t get the memo. In the last full non-holiday week of the year, $685 million poured into fintech companies worldwide. Investing & portfolio management. FinTech Group. There may be a bubble in tech investing.

Company 12
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Fintech Fundings: 114 Companies Raised $7.3 Billion in April

Fintech Labs Insights

Fintech deals by size from 23 April to 29 April 2016: Mosaic. HQ: Oakland, California. Tags: SMB, merchants, security, payments, POS, credit/debit cards, authorization. This week, 7 deals did not reveal the amount raised including Finovate alum BlueVine which added Citigroup to the $40 million round originally closed last year.