Tag: US

Payday loans startup LendUp is being made to pay $3.6m by the Consumer Financial Protection Bureau for widespread violation of payday and instalment laws.

Treasury management software firm Kyriba has raised $23m in a Series D round of funding led by Bpifrance’s growth fund Large Ventures.

Aiming to let anyone make or accept online payments, Plasso has raised $1.2m in a seed round from AngelList.

Cloud-based tax compliance company Avalara has raised $96m in a new round that takes its total funding to more than $300m.

Mobile banking startup Zero has raised $2.5m in a seed round of funding led by ENIAC Ventures. New Enterprise Associates, Nyca Partners, Lightbank and Middleland Capital also participated.

Pay-per-mile car insurance firm Metromile has landed $103.5m in a Series D round of funding. The capital comes from Canadian insurer Intact Financial and China Pacific Insurance (CPIC).

The US largest bank by assets, JP Morgan is investing in Los Angeles FinTech company InvestCloud and partnering with it to deploy customised dashboards to investors.

Social Finance (SoFi) is expanding its offering to include employee benefits and financial wellness programme SoFi at Work.

PayPay is making it easier for European e-commerce companies to attract Chinese customers through a partnership with UnionPay.

The blockchain continues its steady shift into mainstream banking with startup Ripple adding seven more major financial institutions, as well as raised $55m in funding.