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FinTech and digital bank Green Dot and financial services firm Amscot Financial launched a banking partnership.
The collaboration will see Florida-based Amscot use Green Dot’s Arc embedded finance platform to offer customers access to banking services that include demand deposit accounts (DDAs), a built-in secured credit card, and a network of more than 25,000 free in-network ATMs,...
Ford has teamed with Amazon Autos to expand the reach of its used vehicle offerings.
Car buyers can now search for, finance and buy Ford Blue Advantage certified pre-owned (CPO) Ford vehicles using Amazon’s automotive market, Wendy Lane, senior manager of Ford Blue Advantage vehicles, wrote on the automaker’s website Monday (Nov. 17).
“This new collaboration allows customers to browse...
The volume and scale of startup funding this week indicates that even with broader macro concerns, investors continue to deploy capital into artificial intelligence (AI) products that solve immediate business challenges and support a growing wave of enterprise adoption.
Developer and Coding AI Attract Record Capital
Cursor raised $2.3 billion, a round that lifted its valuation to $29.3...
Food supply chain company GrubMarket has acquired produce industry trading and software-as-a-service (SaaS) platform Procurant.
The acquisition will expand GrubMarket’s software portfolio and strengthen its position as an enterprise artificial intelligence (AI) solutions provider for the U.S. food supply chain, CEO Mike Xu said in a Monday (Nov. 17) news release.
“The addition of...
Financial operations platform Ramp said Monday (Nov. 17) that it closed a $300 million primary financing round as well as an employee tender offer.
The company is now valued at $32 billion, it said in a press release.
Ramp’s valuation has been rising this year. The company was valued at $13 billion in March when investors purchased secondaries from employees and early investors; $16...
LevelField Financial, a company focused on uniting traditional banking and digital asset products, said Monday (Nov. 17) that it received conditional approval to complete its acquisition of Chicago-based Burling Bank.
The company said in a press release that it received this conditional approval from the Illinois Department of Financial and Professional Regulation (IDFPR).
The proposed...
Digital asset banking refers to depository institutions offering services built around tokenized or blockchain-native assets, perhaps most notably with stablecoins.
In a digital asset banking context, the bank might mint stablecoins, hold or manage reserves, provide wallet integration or on-chain settlement, or enable deposit or loan services denominated in digital tokens. The broader...
Payments platform Paysafe has launched a partnership with business technology firm Endava.
The collaboration is designed “to bring smarter payments and next-generation community engagement to market faster,” the companies said in a news release Monday (Nov. 17).
“Paysafe’s expertise lies in helping businesses and consumers make seamless, secure transactions worldwide, with offerings...
Digital innovation has long been viewed as a panacea for complexity.
Across global logistics, that panacea, in the form of digital booking and payments solutions, is increasingly under pressure to deliver.
Freightos CEO Zvi Schreiber said during his company’s third-quarter 2025 earnings call Monday (Nov. 17) that this year has been challenging for the logistics industry. Global trade...
HoldCo Asset Management is unhappy with Comerica’s pending acquisition by Fifth Third Bancorp.
The activist investor had pushed for the nearly $11 billion deal, but now says the sale was “flawed” and that Comerica had not allowed for an independent, competitive process, according to a report issued by HoldCo Monday (Nov. 17).
“It appears that Comerica steered the sale toward a...