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Finexio, the Smart B2B Payment Network, Raises $1 Million Seed Round Led by James R. Heistand and Loeb.nyc

August 15, 2016 by US Fintech

Finexio, the Smart B2B Payment Network, Raises $1 Million Seed Round Led by James R. Heistand and Loeb.nyc

Finexio’s B2B payment capabilities intelligently route payments on and off existing ACH and credit card rails to find the best possible transaction price. This solution seamlessly integrates into enterprise accounts payables and procurement software platforms to effortlessly embed payments into the corporate buying and selling experience.

Filed Under: Investments Photowire

RightCapital Secures $1 Million Seed Money

August 1, 2016 by US Fintech

RightCapital Secures $1 Million Seed Money

RightCapital, Inc., a financial planning platform for registered investment advisors and independent broker-dealers, has secured $1 million in a seed capital fund raise. Camellia Venture Capital led the round with other individual strategic investors. Camellia Venture Capital is a New Jersey based venture capital firm that focus on early-stage, high-growth fintech firms.

Filed Under: Investments Photowire

cloudvirga Raises $7.5M to Automate the Entire Mortgage Process

July 28, 2016 by US Fintech

cloudvirga Raises $7.5M to Automate the Entire Mortgage Process

cloudvirga, the company developing the cloud-based intelligent Mortgage Platform, today announced it has raised $7.5M in its series A funding sponsored by Dallas Capital with participation from Upfront Ventures and Tribeca Angels. The platform is digitizing the mortgage industry by leveraging data and deploying an automated workflow to reduce overall cost, increase transparency, and shorten the time it takes to close a loan for both borrowers and lenders.

Filed Under: Investments Photowire

New Property Investment Platform Launches with an £8.15m Development in Belgravia

July 28, 2016 by US Fintech

CapitalRise, a new FinTech platform, is the brainchild of the founders of Finchatton, the designer-developers behind more than £1bn worth of the world’s best properties, and its first project aims to raise £1m towards the renovation of a £8.15m three-bedroom home in Eaton Square, Belgravia.

Filed Under: Investments

Next Group Holdings Announces Completion of the Transaction for Acquisition of Accent Intermedia (AIM), a Program Manager for Financial Stored Value Solutions

July 22, 2016 by US Fintech

Next Group Holdings, Inc. (OTCQB: NXGH) (the “Company”) today announces that it has signed definitive Agreements with Dean Keatin Marketing, LLC (“DKM”), which completes the transaction to acquire a controlling interest (64% of shares) in Accent Intermedia LLC (“AIM”).

Filed Under: Investments

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Fintech Innovations

Worldcore Payment Institution Launches Groundbreaking Affiliate Program

Worldcore Payment Institution Launches Groundbreaking Affiliate Program

August 15, 2016

Upon signing up for a Worldcore account, account holders fill out a short application and, once approved, are assigned a custom affiliate link, which is used to track new client signings. Worldcore Affiliate Program members will also be paid for each high-value client they enroll in Worldcore payment platform. Social Media Marketers also stand to make money based on social interactions.

Pactera Launches Innoveo Skye Insurance Innovation Suite Solution for Combined Insurance

Pactera Launches Innoveo Skye Insurance Innovation Suite Solution for Combined Insurance

August 15, 2016

Innoveo Skye® is a multi-channel web-based software that enhances the way insurance companies bring products to market with dynamic configuration of insurance products, processes and distribution channels. Combined Insurance is a leading provider of supplemental accident, disability, health and life insurance products, and is a Chubb company.

FEXCO & ENCASH Partner to Launch EasyDebit Solution in the Philippines

FEXCO & ENCASH Partner to Launch EasyDebit Solution in the Philippines

August 15, 2016

The Philippines is a cash-centric culture where more than 95% of all transactions are completed with the Peso in hand. The national ATM penetration rate of 23% is significantly lower than the global average (over 70%). There are less than 19,000 ATMs for over 100 million people in the country and the local ATM can often be a bus or ferry journey away.

Silvervine Software and Elafris Join Forces

Silvervine Software and Elafris Join Forces

August 15, 2016

Silvervine Software has chosen Elafris as the chatbot messaging platform for its insurance software solution suite. Silverware Software clients will be able to use chatbots, powered by artificial intelligence, to collect payments, suggest supplemental products, and provide claim services in most venues including Facebook Messenger, Snapchat and Skype.

Slingshot Insights Partners with Seeking Alpha to Bring Transparency to Expert Research

Slingshot Insights Partners with Seeking Alpha to Bring Transparency to Expert Research

August 3, 2016

Expert calls and management meetings are just some of the tools that professional portfolio managers have utilized for decades to quickly get insights on market moving news. Spending over $600m annually in 2015 on this type of research, financial institutions are able to intelligently invest in a broad range of companies using expert knowledge. By grouping members together, Slingshot similarly empowers individual investors with access to these same experts at a fraction of the cost.

Unmasking Bitcoin Identities: The next level of thwarting illicit activity on the blockchain has arrived

Unmasking Bitcoin Identities: The next level of thwarting illicit activity on the blockchain has arrived

August 3, 2016

LexisNexis Risk Solutions, the global big data, technology and analytics firm, has teamed with Elliptic, a blockchain intelligence company, to promote the ubiquitous adoption of Bitcoin and other virtual currencies by exposing money launderers, human traffickers, terrorists, and drug dealers who use Bitcoin to make dark web purchases.

NextAngles Launches Cognitive Regulatory Compliance Solution for Banking Industry

NextAngles Launches Cognitive Regulatory Compliance Solution for Banking Industry

July 26, 2016

NextAngles has launched a fintech solutions suite for financial institutions that includes: Anti-Money Laundering (AML) Alert Investigation, Trade-Based Money Laundering (TBML) Alert Generation and Investigation, Know Your Customer (KYC), Financial Crimes Investigation, and Liquidity Risk Management.

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