Global Reach Group

Cision PR Newswire | August 13, 2020

Blend, a leader in digital lending solutions, announced it has secured $75 million in Series F funding led by Canapi Ventures, a fintech-focused venture capital firm backed by major banks and financial institutions. This capital brings Blend's valuation to nearly $1.7 billion and will be used to accelerate the development of its unified digital platform for mortgages, consumer loans, and deposit accounts. Existing investors Temasek, General Atlantic, 8VC, Greylock, and Emergence also partici...

Core Banking, Payments

Finastra and Mechanics Cooperative Bank | December 21, 2022

Finastra today announced that Mechanics Cooperative Bank, a Massachusetts-based financial institution with more than $645 million in assets, has selected Finastra Payments To Go to introduce new business payments services and enhance the customer experience. The multi-rail payments hub empowers Mechanics Cooperative Bank to leverage the strength of the cloud, providing the tools needed to introduce Real-Time Payments services (RTP) through the Clearing House (TCH) and to quickly join the FedNow ...

Financial Management, Fintech

PPRnewswire | April 25, 2023

Jack Henry™ (Nasdaq: JKHY) announced today that First Community Bank, Sunrise Bank and Today's Bank have selected Jack Henry's modern core infrastructure to provide better service to retail and business customers. Michigan-based First Community Bank, Florida-based Sunrise Bank, and Arkansas-based Today's Bank were looking for an open and flexible technology provider capable of serving their accountholders with a single, sophisticated user experience. They selec...

Fintech

Mastercard | November 26, 2021

Mastercard (NYSE: MA) today announced it has acquired Arcus FI, an alum of the company’s Start Path program, to help support the delivery of bill pay solutions and other real-time payment applications across Latin America. With offices in New York and Mexico City, Arcus helps to enable bill pay and cash-in, cash-out services for some of the biggest billers, retailers, fintechs and traditional financial institutions in the U.S. and Mexico, with expansion into Latin America. I...