Savings app Plinqit has raised $5 million in Series A funding, bringing its total capital to nearly $10 million. The technology helps users save safely and efficiently, and offers rewards for users who improve their financial literacy by engaging in educational content via the app. Plinqit was founded in 2015 by CEO Kathleen Craig Michigan-based Read more...
Historic news out of the Middle East leads off our international fintech coverage this week on Finovate Global. Israel’s AI-powered transaction monitoring innovator ThetaRay has been selected by the UAE’s Mashreq Bank to help ensure secure cross-border transfers for its correspondent banking business. The partnership marks the first time that an Israel-based fintech company has Read more...
Backbase has forged a new partnership with New England-area financial institution, Eastern Bank. Eastern Bank will leverage Backbase-as-a-Service and Backbase Digital Sales technology to streamline its new account opening process, as well as create and release new financial products and services. With $24 billion in assets and more than 120 locations, Eastern Bank serves customers Read more...
