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Remittance firm MoneyGram suspends trading on Ripple’s payment platform, RippleNet, citing the ongoing $1.3bn lawsuit filed by the U.S. Securities and Exchange Commission (SEC).
Circulo, a new Medicaid Manage Care insurance platform, has lunched with the support of a $50m funding round.
Gravy, which provides failed payment recovery services, has closed its Series A on $4.5m.
Carefull, a FinTech aimed at helping families and caregivers organise daily financial matters for aging loved ones, has collected $3.2m in its seed round.
UpEquity, a mortgage platform that aims to improve the home purchasing experience, has closed its Series A round on $25m.
The newly enforced Anti-Money Laundering Act of 2020 (AMLA) in the US makes it more important for financial institutions to clear their alert backlogs.
P2P lending platform SoLo Funds has reportedly collected $10m to support the expansion of its presence in the US.
Challenger bank Fair has closed a $20m investment round and announced that it will open early bird membership enrolment in March as it eyes April launch.
Online fraud and abuse prevention company Arkose Labs has received an investment from the Sony Innovation Fund, by Innovation Growth Ventures.