Fintech
Rain Raises $75 Million Series B Led by Prosus to Expand Earned Wage Access to Millions of American Workers
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, Inc. Announces Completion of Grasshopper Bank’s Merger with Auto Club Trust, FSB
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 Announces $300 Million Series C Round at $3.5 Billion Valuation
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 Acquires United Community Bancshares
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.
Fintech Zolve Raises $251 Million in its Largest Funding Round Yet
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 Boosts Account Opening Capabilities with $400M Mantl Acquisition
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.