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Google Teams With Portland’s Public Transport Operator TriMet for First Android Pay Virtual Transit Card

Bank Innovation

Here comes the world’s first virtual transit card in Android Pay, well at least according to Google and Portland’s public transport operator TriMet, who teamed up to unveil the Hop Fastpass.

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WEX Reorganizes With New Team For B2B Payments

PYMNTS

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on Monday (April 13). Aquilina previously spent almost eight years working in commercial card products at Mastercard prior to joining the Portland, Maine-based WEX.

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WEX’s Dearborn Says B2B Payments Has Reached Tipping Point

PYMNTS

The Portland, Maine-based FinTech leader said from his view, at least one corner of the payments industry has reached a tipping point and is never turning back. “I While on the revenue side, he said, that typically means giving companies access to getting card rebates. told PYMNTS. And apparently, he’s not alone.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

And there are few fintech success stories bigger than 2008 alum, Credit Karma , which scored $175 million this week at a reported $3.5 Total investment into the fintech sector this week were $240 million flowing to 12 firms. So far this year, fintech has attracted $7.9 HQ: Portland, Oregon. billion valuation.

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Fintech Fundings: 11 Companies Raise $85 Million Week Ending August 7

Fintech Labs Insights

Following one of the biggest weeks ever ($580 million), new fundings to the fintech sector cooled to under $100 million this week. HQ: Portland, Maine. The post Fintech Fundings: 11 Companies Raise $85 Million Week Ending August 7 appeared first on Finovate. Tags: Payments, prepaid, gift cards, Finovate alum. Beat the Q.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. HQ: Portland, Oregon.

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Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

Fintech funding records continue to fall. HQ: Portland, Oregon. HQ: Portland, Oregon. The post Fintech Fundings: 25 Companies Raise $1.6 Tags: Merchants, SMB, card acquiring, POS, mobile, tablet. Last week was the record number of deals, with 27. This week it was the biggest total dollars raised at $1.63