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Nearside Raises $58 Million Series B for Free Checking Account with Universal 1% Cashback Rewards for Business
Nearside (formerly Hatch) announced a $58 million Series B round of funding, seven months after announcing its $20mm Series A in April 2021. The Series B was led by Valar Ventures, with additional investors Kleiner Perkins, Foundation Capital, Jim Breyer from Breyer Capital, Michael Ovitz (Founder of CAA), Kevin Hartz (Founder of Eventbrite), Ryan Petersen (Founder of Flexport) and others.
In 2022, Nearside is planning to expand their portfolio of products and services with the launch of its Term Loan product and Sprout, an easy way for our customers to incorporate their businesses right from their Nearside dashboard.
“We believe that people work hard to earn their money and they should be rewarded when they invest in their businesses and not lose their money on hidden bank fees. Access to capital and premium cashback rewards should not be limited to those with prime credit scores.” said Thomson Nguyen, Founder and CEO, Nearside.
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DailyPay Upsizes Secured Credit Facility to $960 Million
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Neobank Rizon Raises $2M Pre-seed Round as Global Demand for Dollar Banking Services Rises
Delaware-based neobank Rizon has raised a $2M pre-seed round as more people rely on global USD accounts for earnings, payments, and everyday spending. The investment comes from Market One Capital, a Polish venture capital firm focused on early-stage startups. The funding will be used to scale Rizon’s user base worldwide.
Day Air Credit Union Announces Strategic Partnership with InvestiFi to Streamline Digital Investing
Day Air Credit Union has partnered with InvestiFi, the provider of the leading InvestTech platform that enables Credit Union members to trade from deposit accounts. The platform will deliver guided digital investing solutions to the credit union's 54,000 members.
Brickflow Delivers Over £29m of Funding for in Record Two-week Period
Brickflow has recorded its strongest two-week performance to date in January, with £29.22m of completed lending supporting 157 residential and mixed-use units across the UK, underlining the platform’s growing role in delivering funding for housing and property projects.
Uptiq Raises $25 Million Series B to Scale Industry-Ready AI Solutions and Launch Qore for Builders
Uptiq, the AI platform purpose-built for financial services, today announced it has raised $25 million in Series B funding from a group of leading strategic and financial investors across banking, fintech, and enterprise software. The round was led by Curql, with participation from Silverton Partners, 645 Ventures, Broadridge, Green Visor Capital, Live Oak Ventures, First Capital, Epic Ventures, Tau Ventures, and Evolution VC.
Bracket Secures $7m to Scale Treasury Intelligence Platform
Bracket, a leading FX, treasury and cash management platform for mid-market businesses, has raised $7 million in Seed funding. The round was led by Macquarie Group’s Commodities and Global Markets business and Blackfinch Ventures, with participation from existing investor Failup Ventures.
Tembo Raises £16m to Help More First-Time Buyers Get Onto the Property Ladder
Tembo, the award-winning digital savings and mortgage platform, has raised £16 million in growth investment to help tackle the homeownership affordability crisis
Bluefin and Basis Theory Partner to Enable Unified Tokenization Across Digital and In-Person Payments
Bluefin, the global leader in payment and data security infrastructure and PCI-validated point-to-point encryption (P2PE), today announced a strategic partnership with Basis Theory, a modern, API-driven tokenization and vaulting platform. Together, the companies enable enterprises to implement a unified token strategy across in-store, call center, online, and backend payment environments without expanding PCI scope or introducing new integration complexity.
Invest Bank and AUTON8 Build Partnership to Drive Digital Resilience and Banking Agility
Invest Bank today announced the successful outcomes of its strategic partnership with AUTON8, a global leader in intelligent automation. The collaboration marks a milestone in strengthening regulatory resilience, operational efficiency, and customer-centric agility across both core and digital banking landscapes.
ING’s AI Roadmap: Platform, People, and Agentic AI
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UK-fintech Provided Over £17.5m in Emergency Wage Advances to More Than 55,000 Employees in the Last Year
PayCaptain, the world’s first B Corp-certified payroll solution, reports a landmark year of growth, with a 73% increase in new customers for 2025 and an average of 70% YoY revenue growth in the last two years. As the cost-of-living crisis deepens, PayCaptain has provided financial agility for 55,000 employees across 260 forward-thinking brands including TGI Fridays, Dishoom, Roadchef, NEOM, Charlie Bigham’s and Monica Vinader dedicated to combining efficient payroll with tools to support the financial health of staff.
TreviPay Announces AI-Powered Growth Center to Help Enterprises Predict Buyer Behavior and Drive B2B Sales
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AYU Alternative Investment Network Launches Direct Capital Matching Service
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Chubb Appoints Scott Henck Global Chief Actuary
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