Rain, a Santa Monica-based financial wellness and earned wage access (EWA) platform, has raised $75 million in Series B. Led by Prosus, Rain will use
Grasshopper Bancorp, a leading digital bank, has successfully completed the merger of its subsidiary, Grasshopper Bank, with Auto Club Trust, expanding its services to over
Mercury, a fintech company providing banking and financial workflow solutions to startups, has raised $300 million in Series C led by Sequoia Capital, doubling its
SmartBiz, a fintech specializing in small business loans, has acquired United Community Bancshares marking the first fintech-bank acquisition approved since the LendingClub and SoFi deal.
Zolve, a fintech that helps migrants secure access to basic financial services, raised $251 million in equity and debt financing, led by Creaegis with participation
Alkami, a cloud-based digital banking core platform, has acquired account opening technology provider Mantl for $400 million to expand its digital sales and service position.
Marqeta, the global modern fintech and card issuing platform that enables embedded finance solutions for many of the world’s top innovators, has announced its acquisition
CredCore, a vertical, AI-forward fintech company revolutionizing enterprise debt investment, has closed a $16 million Series A in a round led by Avataar Ventures, with
Clutch, a digital banking software provider for credit unions, has secured $65 million in Series B funding led by Alkeon Capital Management, with contributions from