Upward raised $8 million in a Series Seed+ round to grow its FinTech infrastructure platform that helps companies launch and scale digital financial products. The company will use the new funding to expand its infrastructure, its engineering and partnership capabilities, and the adoption of its...
Bilt, a loyalty program for renters, and Rakuten, a shopping platform, have integrated their rewards programs. This collaboration allows Bilt members to redeem Rakuten Cash Back for Bilt Points, the companies said in a Thursday (Nov. 6) press release. Bilt members can earn Rakuten Cash...
American Express is expanding its 18-month-old partnership with travel and expense software provider Emburse. The expansion resulted in the addition of two new features, including American Express virtual card issuance and real-time transaction data, in Emburse’s Enterprise Expense platform, the companies said in a news...
Nuvei has integrated Visa Direct for Account into its global payments platform. The integration lets merchants send funds directly to consumers’ and workers’ bank accounts in eligible countries, Nuvei said in a news release Thursday (Nov. 6). “Consumers everywhere expect instant access to their money,...
Global Payments has reportedly begun marketing a $6.2 billion bond sale to support its acquisition of Worldpay. The company is marketing the bond sale in as many as four parts ranging from three to 10 years, and it is discussing a price on the 10-year...
LendingClub has partnered with Wisetack as it expands into the home improvement financing market. The partnership aims to accelerate LendingClub’s move into this space by allowing the company to leverage Wisetack’s network of 40,000 contractor merchants and dozens of embedded software-as-a-service partnerships, the companies said...
Amazon is reportedly offering customers of Brazil’s Nubank several special payment options. Company officials told Bloomberg News in a report published Wednesday (Nov. 5) that this includes more credit to shop with Amazon as well as more installment options. “This partnership will make it easier...
Finance platform United Fintech has acquired lending automation company Trade Ledger. With this deal, United Fintech gets access to a customer base that includes Barclays and Bank of Queensland, as well as Trade Ledger’s expertise in data-driven lending and commercial banking automation, the companies said in a Wednesday (Nov. 5) news release....
Small and midsize merchants have no shortage of ambition, but they often face long odds when they try to secure the financing needed to buy new equipment, restock inventory or expand online. Lenders can be hard to reach, and the process is often confusing or...