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FinTech news in greycroft category

Developer APIs startup Salsa raised $10M for FinTech

The company secured $10 million in funding to do just that: provide APIs for developers to add revenue-generating payroll solutions inside their own software products for an all-in-one platform.

FinTech Quiltt raised seed round of $4M to build out Low Code API

The company is also building out some bonus adds, like billing and subscription management, so that users can start with off-the-shelf, white-label apps and then transition to more specialized offerings when needed, or when they want to control the full experience without interrupting its back end data or services.

FinTech Branch raised Series C of $147M led by Weatherford Capital

Branch, according to co-founder and CEO Steve Lekas, is the only insurance company that he is aware of that can bind insurance through an API, and the only one that can bundle auto and home insurance in a single transaction.

Software startup Streamlined raised seed round of $3M

A lot of B2B payments tech is built on top of B2C tech, such as Stripe, that was engineered to handle consumer card transactions, according to de Souza. As such, according to de Souza, a company accounting department can waste time manually searching for payments, and then even more time trying to reconcile individual invoices.

Payroll FinTech Papaya Global is said to acquire Azimo for $150M-$200M

First, it will help it expand the company expand its geographic footprint: Azimo currently has payment licenses in the U.K., the Netherlands, Canada, Australia and Hong Kong, and it operates a payment network in more than 160 countries, while Papaya Global (not to be confused with the other fintech called Papaya) operated services in 150 countries just prior to this deal, Eynat Guez, Papaya Global CEO and co-founder.

FinTech startup Bamboo raised Series A round of $15M led by Greycroft

They differ in the type and class of securities they offer; for instance, Bamboo gives access to U.S. stocks, ETFs and ADRs, while Chaka deals with stocks and ETFs trading on local and foreign capital markets, but all have collectively been subjected to regulatory issues at home.