#FinancialInclusion #FinancialLiteracy / US investment app Stash acquires financial literacy platform PayGrade

Stash … says the addition of PayGrade deepens its commitment to education and helping average US users invest. PayGrade equips administrators and teachers with an “immersive personal finance curriculum” designed around simulated banking and investing. Stash says it is going to “quickly expand” to include digital tools for parents to teach and reinforce money skillsContinue reading “#FinancialInclusion #FinancialLiteracy / US investment app Stash acquires financial literacy platform PayGrade”

#SME #BankTech / Business banking startup Zeller raises A$50M

Zeller offers EFTPOS payment terminals, fee-free spending accounts and free business Mastercards to users. The company says it will use the funding to rapidly accelerate development for its integrated business banking platform… “Over 80 percent of merchants who have signed up for Zeller had an existing business banking relationship with an incumbent. Our team hearsContinue reading “#SME #BankTech / Business banking startup Zeller raises A$50M”

#PayTech / Inside Moov’s two-sided approach to partnerships

The startup offers payment tools for non-financial brands, but it’s able to strengthen its offerings by allowing a host of fintech companies to contribute to its open-source libraries. As embedded finance takes off, Moov is focusing on building a payments toolset that other companies can tap into without having to “learn all of the stuff,”Continue reading “#PayTech / Inside Moov’s two-sided approach to partnerships”

#SustainableFinance / Novus partners Visa and Railsbank to launch sustainable banking app

The app will reward “conscious consumers” for sustainable purchasing choices as it bids to “embark on a revolution of purpose-driven, digital banking”. Users will be given impact points that can be spent, saved and tracked via the app. They can then choose to use their impact points to support charities focusing on issues like genderContinue reading “#SustainableFinance / Novus partners Visa and Railsbank to launch sustainable banking app”

#CryptoCurrency #DigitalAssets / BBVA Switzerland launches Bitcoin trading service for private banking clients

The bank plans to add more cryptocurrencies to the platform at a later date The new service was made available to Swiss clients on Monday and currently only includes Bitcoin trading and custody services, with the aim of extending it to other cryptocurrencies in the future. BBVA says it is limiting this new crypto serviceContinue reading “#CryptoCurrency #DigitalAssets / BBVA Switzerland launches Bitcoin trading service for private banking clients”

#CryptoCurrency #DigitalAssets / Goldman Sachs ramps up bitcoin trading in new partnership with Mike Novogratz ’s Galaxy Digital

The bank has begun trading bitcoin futures with Galaxy Digital, the crypto investment firm founded by Mike Novogratz… The trades represent the first time that Goldman has used a digital assets firm as a counterparty since the investment bank set up its cryptocurrency desk last month… The moves by Goldman, the preeminent global investment bank,Continue reading “#CryptoCurrency #DigitalAssets / Goldman Sachs ramps up bitcoin trading in new partnership with Mike Novogratz ’s Galaxy Digital”

#LendTech / Digital lending platform Splash raises $44.3 million

Splash Financial, a digital lending platform that connects borrowers to financial product lenders, has raised $44.3 million… “This funding round brings us another step closer to realizing our company vision — creating a faster and less expensive financial world,” said Steven Muszynski, founder and CEO of Splash Financial… Splash allows borrowers to compare financial productsContinue reading “#LendTech / Digital lending platform Splash raises $44.3 million”

#SME / US banking start-up Novo lands $40m in Series A round

Novo, a New York-based banking platform for small businesses… Launched in 2018, Novo claims to have processed over $1 billion in transactions for its customer base of more than 100,000 small businesses. The company was also named both CNBC’s Best Business Checking Accounts of March 2021 and Money Magazine’s Best Business Checking Accounts of 2021.Continue reading “#SME / US banking start-up Novo lands $40m in Series A round”

#PayTech / Volt raises $23.5m to build global instant payments network

Founded in 2019, the UK-based fintech currently facilitates open banking payments across its network of 5,000 banks in the UK and EU. Tom Greenwood, CEO of Volt, says: “Instant payments are set to dominate the global payments landscape and will become the new normal. “It’s an exciting time to be in payments, and we areContinue reading “#PayTech / Volt raises $23.5m to build global instant payments network”

#DigitalAssets / Morgan Stanley Backs Blockchain With Investment in Securitize

[Startup Securitize Inc.] is developing a blockchain platform for investors to buy and sell shares in closely held companies and other assets… [it] gathered $48 million in a fundraising round co-led by Morgan Stanley. Morgan Stanley sees “this as the future of finance — a future platform for finance,” Securitize Chief Executive Officer Carlos DomingoContinue reading “#DigitalAssets / Morgan Stanley Backs Blockchain With Investment in Securitize”