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Brex Offers FDIC Insurance, Adds Chief Legal Officer

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Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). In March, Brex opened its first international office , a technology hub in Vancouver, Canada.

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Galileo, Plaid Integrate To Streamline ACH Transfers

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The Salt Lake City payment processing platform has joined with Plaid, a Visa subsidiary based in San Francisco, that builds financial technology platforms to connect bank accounts and initiate automated clearing house (ACH) transfers. Plaid is connected to more than 11,000 financial institutions. “ACH

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Getaround Car Sharing Platform Raises $200M At $1.7B Valuation

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Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher.

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Digit Launches New Savings Bot

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The San Francisco-based company said this will allow users to communicate with the company in a space they are already spending a lot of time. To date, the Digit app — operating on SMS and mobile — has saved users more than $350 million. Another financial service app has launched a chatbot this week.

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Even with Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher. In September, for instance, car sharing marketplace Getaround reportedly said it was looking to raise up to $201.5

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Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher. In September, for instance, car-sharing marketplace Getaround reportedly said it was looking to raise up to $201.5

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As Sharing Services Face Backlash, Payments Takes A Bigger Role

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At the same time, payments technology is advancing in the shared economy world, providing a counterforce of sorts. Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. Sharing Backlashes.