FinTech news in Georgia category

Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe. Wense, who founded the startup in 2020 together with Philipp Petrescu, added that MVP Match acts as an Employer of Record, which enables it to manage the whole recruiting process including the establishment of local office spaces and talent onboarding. MVP Match said it uses product and technology executives like CTOs and experienced domain experts to vet talent before recommending them to companies. The plan to grow its reach follows the launch of a new hub in Egypt that MVP Match will use to tap talent in Africa — with the aim of creating more networks in the region.

Parents must opt into the automatic investment feature, and if they don’t want their funds invested in the ETFs Greenlight pre-determines are relatively safe, they can also choose to invest that cash in other ways through Greenlight investment app or opt for the cash to go directly to their bank account, Sheehan said. The Greenlight-branded card, offered through Mastercard, offers up to 3% unlimited cash back on all purchases and gives parents the option to automatically invest those cash rewards in stocks and ETFs to spend on family-related expenses, co-founder and CEO Tim Sheehan told journalist. Sheehan said the company considered designing the card so cash back accrued into a 529 plan, a tax-advantaged educational savings account parents can open on behalf of their children. Plenty of investment platforms, including Bank of America, Fidelity and Charles Schwab, offer credit cards that automatically invest cash rewards into the market, but Greenlight hopes its focus on families and their needs will help it stand out.