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Downtown-based City National Bank has launched a virtual Visa corporate credit card in partnership with fintech startup Extend Enterprises Inc. The Venmo mobile payments app is going to look very different in 2021. NCR Acquires Terafina to Expand Digital Banking Platform. Forward Advances, a UK revenue-based financing solution for ecommerce and SaaS businesses, has partnered with Salt Edge, a provider of open banking solutions, to get instant access to aggregated bank data that allows them to make better lending decisions. Marlette Funding, LLC, an online consumer lending platform, service provider, announced on Thursday it is expanding its Best Egg suite of lending products, including the addition of a new credit card program in 2021. Peer-to-peer crypto payments platform Metal Pay has filed to become a national bank in the U.S. Norway-based Signicat and Germany-based Mambu have announced a partnership to make an expansive range of identity verification methods available to customers. Visa announced it has partnered with neobank First Boulevard to pilot Visa’s crypto APIs that enable a bank to offer cryptocurrency custody and trading to their customers. Climate First Bank selects Finastra software to deliver values-based banking.

Extend | WealthTech Club

Downtown-based City National Bank has launched a virtual Visa corporate credit card in partnership with fintech startup Extend Enterprises Inc. 

Find details here.

Venmo

The Venmo mobile payments app is going to look very different in 2021 as it inches closer to neobank territory with expansions into budgeting, saving and cryptocurrency, said Venmo parent company PayPal, during its fourth-quarter earnings on Wednesday. The company also plans to put its $4 billion Honey acquisition to work by integrating its suite of shopping tools into the Venmo app, including merchant offers, deals, price tracking and wish lists. 

Find details here.

Terafina | WealthTech Club

NCR Acquires Terafina to Expand Digital Banking Platform.

Find details here.

Salt Edge | WealthTech Club

Forward Advances, a UK revenue-based financing solution for ecommerce and SaaS businesses, has partnered with Salt Edge, a provider of open banking solutions, to get instant access to aggregated bank data that allows them to make better lending decisions. 

Find details here.

Marlene Funding | WealthTech Club

Marlette Funding, LLC, an online consumer lending platform, service provider, announced on Thursday it is expanding its Best Egg suite of lending products, including the addition of a new credit card program in 2021. 

Find details here.

Metal Pay | WealthTech Club

Peer-to-peer crypto payments platform Metal Pay has filed to become a national bank in the U.S.

Find details here.

Norway-based Signicat and Germany-based Mambu have announced a partnership to make an expansive range of identity verification methods available to customers. 

Find details here.

First Boulevard | WealthTech Club

Visa announced it has partnered with neobank First Boulevard to pilot Visa’s crypto APIs that enable a bank to offer cryptocurrency custody and trading to their customers.

Find details here.

Finastra | WealthTech Club

Climate First Bank selects Finastra software to deliver values-based banking. 

Find details here.

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PayTech Round-Up April 28, 2021

PayTech Round-Up April 28, 2021

Payment processing company Candex has raised a new $20 million Series A funding round. 121 Financial Credit Union Selects NCR Digital Banking for Consumers and NCR Digital Banking for Business. Read…

PayTech Round-Up April 21, 2021

PayTech Round-Up April 21, 2021

Payment Approved Technologies has acquired Optima Compass Group. Zilch, a London, UK-based Buy Now, Pay Later (BNPL) startup, raised $80M in series B funding round.

PayTech Round-Up April 14, 2021

PayTech Round-Up April 14, 2021

Gemini has selected ComplyAdvantage’s hyperscale platform for anti-money laundering risk management. DocuPhase acquires payments technology company, Clearwater Payments. Ziglu has launched Bitcoin Boost. Splitit partners with UnionPay to offer cardholders instalment payments.

PayTech Round-Up April 7, 2021

PayTech Round-Up April 7, 2021

CaptivateIQ has raised $46 million in a Series B round led by Accel. AdvicePay is launching Deliverables, a tool designed to centralize the financial planning payments and compliance review process. Dwolla releases access…

PayTech Round-Up March 31, 2021

PayTech Round-Up March 31, 2021

Airwallex raises valuation to $2.6 billion on $100 million Series D extension. PPRO announced new investments from JPMorgan Chase & Co. and Eldridge. Fund raising platform GoFundMe deploys Stripe payment technology. 

PayTech Round-Up March 24, 2021

PayTech Round-Up March 24, 2021

TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers. Retail Realm adds advanced integrated payments technology from Payment Logistics.

PayTech Round-Up March 17, 2021

PayTech Round-Up March 17, 2021

Small business payment & account service platform Autobooks secures $25 million through Series B funding round led by MissionOG. Allvue Systems announced the launch of its enhanced Fund Performance & Portfolio Monitoring…

PayTech Round-Up March 10, 2021

PayTech Round-Up March 10, 2021

BitPay announced the rollout of Dogecoin payments for merchants and consumers. Bitfinex is launching Bitfinex Pay, a cryptocurrency payment gateway. GoDaddy Inc. announced it has completed its acquisition of Poynt.