Andreessen Horowitz

OpenInvest celebrating $3.25M seed round

OpenInvest celebrating $3.25M seed round

  Retail investor social impact investing platform OpenInvest has raised $3.25 million in seed funding. Andreessen Horowitz led the round with additional participation coming from Abstract Ventures, Wireframe Ventures, and SV2. The funds are earmarked for hiring, product development and ...

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TransferWise Joins the Internet Association

TransferWise Joins the Internet Association

International money transfer platform TransferWise has joined the Internet Association, a Washington, D.C.-based organization representing internet-related businesses. TransferWise co-founder Kristo Käärmann explains the move. “At TransferWise, we’re helping people manage their money by making it fair, fast and low-cost to send ...

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Pindrop touts new voice-fraud detection technology

Pindrop touts new voice-fraud detection technology

Voice fraud prevention and authentication firm Pindrop’s new IVR Anti-Fraud technology increases a call center’s fraud detection capability by covering all customer voice channel interactions, the company believes. IVR Anti-Fraud creates a risk score which identifies suspicious callers through the ...

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Mortgage fin-tech Blend celebrates $40M Series C

Mortgage fin-tech Blend celebrates $40M Series C

Silicon Valley startup Blend has raised $40 million in Series C funding. Founders Fund led the round, while existing investors Lightspeed Venture Partners and Formation 8 also participated. Funds are earmarked for talent acquisition and marketing. Timing of the funding round is perfect, as the mortgage ...

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Americans starting to embrace emerging fin-tech: survey

Americans starting to embrace emerging fin-tech: survey

The results of a new survey released by peer-to-peer international money transfer platform TransferWise suggest Americans are warming to fin-tech companies in a big way. “The future of finance: How technology is democratizing the financial services sector” is the result ...

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TransferWise to employ ACI’s UP Framework

TransferWise to employ ACI’s UP Framework

International money transfer platform TransferWise has selected ACI Worldwide’s UP Framework to power its global network. UP Framework addresses all payment processing steps for any parent type, channel, currency or network, and will allow TransferWise toads more payment types to ...

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