Sourcery, a digital payments platform founded in 2012, raised $5 million in venture funding in a round led by Marker LLC, the startup announced today. Sourcery’s digital platform focuses on accounts payable for restaurants and others institutions in the hospitality industry. The funding — which brings the company’s total equity to $7.5 millionRead More
Post Tagged with: "startups"
For fintech, millennial consumers are–let’s go with challenging–according to the huge quantities of rigorous data collected on them. That might be for three main reasons: They don’t trust banks or credit lenders (at all), it’s hard to predict what they’ll like in a financial service provider — and what they’llRead More
So many startups, so little time. This week, these three fintech startups stand out from the crowd for a variety of reasons: one is the first P2P lending app for Germans (a notably cash-loving country); another is a journalism micropayments platform designed to put readers first; and the last isRead More
Uber announced today that the Instant Pay option for its drivers has been extended to nearly all U.S. debit cards, with the help of MasterCard Send and Green Dot, the operator of the mobile-first bank GoBank. “The expansion offers frictionless, elegant service to Uber, which is the poster child for the on-demand market,” said GreenRead More
Bank Innovation Israel 2016 registration has officially opened today. The only Western fintech event in Startup Nation, the 2016 Bank Innovation Israel will take place 1-3 November at the Dan Tel Aviv. The event is presented by Bank Innovation, one of the world’s leading fintech blogs.
SAN JOSE, Calif. – Day 2 of Finovate saw a seeming parade of wealth management and investment solutions, but the final one included a new twist — virtual reality. Was it a bit frivolous? Was the use case far-fetched, strained, even bizarre? Could be, but the audience appreciated it anyway simplyRead More
Mobile-first investments and financial health were on top of the agenda during yesterday’s fintech demo day in New York. Five startups demoed their latest wares during a meetup organized by Empire Startups. Here’s what you missed (in addition to the beer, snacks, and the chance to hang out with fintech’sRead More
Ok, it’s safe to say fintech has hit the big time. The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge toRead More
International payments were something a weakness for payment processor Stripe, but the launch of Stripe Atlas has changed that. In the latest and most dramatic example of Stripe’s new business, look no farther than 90 miles off the Florida coast. Stripe offers global companies the ability to incorporate on U.S. soil, DelawareRead More
This week’s Startups to Watch are pushing progress in different sectors. Respectively, these companies provide retirement options for staff at small businesses; a trading tool; and a digital wealth management adviser. However, at their core all three are about investments, and how to leverage a small advantage into a major leadRead More