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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Varo is the first consumer FinTech to receive a new national bank charter from the U.S. As a national charter, the bank can offer credit and cash-flow management, the company said. million.

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Healthcare Tech Company Truepill Raises $75M To Expand

PYMNTS

Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC., The new service is expected to expand Truepill’s direct-to-patient capabilities.

Company 184
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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department. . ” Offering the Right Tools.

Regional 214
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The United States Of Fintech Startups

CB Insights

The fintech space is gaining momentum. Last year saw a double record of $46B invested across over 2,800 deals to fintech startups — a 92% uptick in funding year-over-year. GET THE 83-PAGE q2 2019 FINTECH TRENDS REPORT. Q2’19 fintech funding topped $8.3B, boosted by a record quarter of $100M+ mega-rounds. KEY TAKEAWAYS.

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Fintech Startup Payrailz Selects William Mills Agency as Public Relations Agency of Record

William Mills

Payrailz draws technology inspiration from other industries that have leveraged advancements in technology and artificial intelligence (AI) to meet the growing demand to automate tasks for users. We believe the industry is ready for a ‘do it for me’ solution to better manage payment and money transfer needs. About Payrailz.

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The 14 Biggest Insurtech Events & Conferences in 2023

Fintech Labs Insights

These are the largest events in the insurance industry geared towards technologists, program managers, marketers, developers and C-Suite execs at both legacy insurers and upstart insurance tech firms. Event Spotlight Pushing the boundaries of insurance innovation by bringing together the latest technology and top talent.

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Fintech Fundings: 21 Companies Raise $440 Million Week Ending July 23

Fintech Labs Insights

The biggest equity round ($50 million) went to Remedy Partners , a Connecticut-based health tech company. While not a pure fintech play, we included it here because its primary customers are the big insurers, including the U.S. HQ: Darien, Connecticut. Payment acceptance technology. Corporate purchasing management.

Company 12