Denim Social, whose software helps financial institutions manage their social media presence, has raised a $5 million Series B round of financing, Clay & Milk reported. The round was led by two banking-focused investment funds — Fintop Capital and JAM Fintop BankTech. The funds will support product development and drive significant marketing and sales expansion for the […]
Kyle McCann will work to expand vendor partnerships in his new role as director of business development at payment processor VizyPay based in West Des Moines. This promotion comes after his working for the company since 2017, first as a sales agent and then as a technical supervisor. The main goal of the new role […]
BrokerTech Ventures is partnering with the industry conference InsureTech Connect to host ITC’s BrokerTech Connect, a broker-focused insurtech series hosted during InsureTech Connect’s conference on Wednesday, Oct. 6 in Las Vegas. BrokerTech Ventures and ITC previously partnered in 2020 during the Agency Connect Virtual Conference, which attracted more than 2,000 brokers, agents and brokertech attendees […]
Dwolla released the new Real-Time Payments product on Tuesday, allowing Dwolla clients to send money directly to a bank account using the RTP Network established by the Automated Clearing House, an association owned by 24 of the world’s largest banks. The platform was launched in partnership with Cross River Bank, one of the first community banks […]
BrokerTech Ventures announced the addition of carrier Zurich North America to the BrokerTech platform and accelerator program this week. The addition of Zurich North America now brings BTV to 24 insurance brands nationally. BTV recently announced partnerships with InsurTech Israel and Ayalon Insurance Company to launch the Israeli InsurTech Accelerator internationally, and additional accelerator partnerships […]
Des Moines-based payments platform Dwolla announced this week that Dave Glaser has been appointed president and chief operating officer, bringing more than 20 years of experience in the enterprise payments space. Glaser’s first day with Dwolla was Monday, and he plans to complete his family’s move to Des Moines in April. Glaser is the company’s […]
Nationwide is expanding its venture capital investment fund to $350 million directed toward high-growth potential insurtech and fintech startups, the company announced last week. The funding will be directed into high-growth potential insurance and financial service startups that advance Nationwide’s strategy in digital infrastructure, home solutions, retirement products, small and medium-sized businesses, telematics and fleet […]
Next Level Ventures and credit union partners of Members Development Co. have launched a new collaborative venture capital fund for the development of financial services technology in the credit union industry. NLV will structure and manage the investments from the Curql Fund (pronounced “circle”) in fintech companies. Curql — spelled that way to highlight the C and […]
BrokerTech Ventures announced four new company partnerships for the broker-centric accelerator program Tuesday, including one West Des Moines-based company. Merchants Bonding Co. joins 12 other regional brokerage partners in the U.S. who participate in the BrokerTech Ventures Accelerator to support mentoring, distribution, access to capital and brand exposure to brokerage-centric fintech startups. Invitations to 2021 […]
Dwolla is releasing Drop-In Components, a new low-code offering designed to shorten the development time on customers’ payment integration services, the company announced on Tuesday. When a business uses a payment API for online transactions, sensitive user information must be provided to the business to create an end user account with the business. Drop-in Components […]