Applications are open to broker-focused startups for the Des Moines-based BrokerTech Ventures Accelerator’s 2021 program, the accelerator announced Oct. 29. The accelerator offers more than $500,000 in seed funding, up to $50,000 each to accepted startups. Submission deadlines for BrokerTech Ventures Accelerator is Nov. 30; selected startups will be notified in early February 2020. The […]

A new product launched by Dwolla this week allows businesses fast payouts to customer debit cards, the company announced. The Push-to-Debit payment functionality for Dwolla customers allows businesses to access a programmable payments infrastructure for bank-to-bank transfers and offers a disbursement option for payments to be sent to a user’s debit card. More information is available […]

Financial Plus Credit Union joined Ascentra Credit Union, Collins Community Credit Union and Serve Credit Union in a Series B funding round as Des Moines startup LenderClose is raising $10 million. The LenderClose platform, which recently added remote online notarization for customers, is now used by more than 200 credit unions and community banks nationally, […]

VizyPay, a West Des Moines-based payment processing company, has acquired Nevada-based competitor Echo Daily, the company announced last week. VizyPay will open a second office location in Lake Tahoe, Nev., and is gaining proprietary technology for a point-of-service loyalty program to expand existing service offerings to small business owners, the company said in a statement. 

Dwolla CEO/founder Ben Milne cuts the ribbon as the company unveils new headquarters in February 2019 at 909 Locust. Photo provided Dwolla is searching for a new CEO after founder Ben Milne announced he was going to step away from the role in a blog post published this afternoon. Milne and other company leaders came […]

Kansas City-based Commerce Bank announced it has launched a real-time payments system aimed at enabling property-casualty insurers to provide faster, more convenient claims payments. The new product, CommercePayments PreferPay, provides customers, claimants and service providers with multiple claims payment options including ACH, check or direct-to-debit card via Visa Direct.  Commerce Bank partnered with Progressive Casualty […]

The Global Insurance Accelerator’s sixth cohort will welcome eight insurtech companies to Des Moines for the 100-day term beginning Jan. 14, the accelerator announced this week. The cohort features Caregiven (Oregon), Denscore (Michigan), Gerald Tech (New York), InsureVite (Singapore), Kiwi (New York), Summary Medical (Wisconsin), TCARE (Missouri) and UDoTest (Massachusetts). More information about the startups […]