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Small Biz FinTech Leads End-Of-Summer B2B VC

PYMNTS

million was placed with B2B FinTechs this week. landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Also operating in India, supply chain financing FinTech Cashflo revealed $3.3 Aspire Financial Technologies.

Fintech 155
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Intuit Buys Credit Karma For $7.1B

PYMNTS

Consolidation of this kind has been sweeping the financial technology sector as of late, with Intuit’s deal just the latest example. The deal lays bare the growing need for financial services groups to accumulate data. billion to acquire Plaid, which helps fintech companies connect with customers’ bank accounts.

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Closing the gate: House adopts ENABLERS Act amendment to 2023 NDAA

CFPB Monitor

On July 13, 2022, the House of Representatives (the “House”) adopted an amendment to the 2023 National Defense Authorization Act (“NDAA”) offered by Maxine Waters (D. There is a national election coming up, so the amendment’s passage is hardly a pre-ordained conclusion. Requirements.

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Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

It was a quieter week in fintech fundings. Other than Blackstone’s $820 million bet on what is likely the oldest financial technology company on the planet, NCR founded in 1884 as National Cash Register, just $82 million flowed to the under-100-year-old crowd. ATMs, POS & financial technology.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Named by Self Lender as 1 of 3 startups who is “absolutely crushing it” in fintech. Launched Financial Fitness program for employers to offer employees. Debuted first eBook, A Better Financial Life. Earned spot on first Forbes Fintech 50. Teamed up with WooCommerce to help online merchants manage sales taxes.