fintech

Arlington’s First Rate Launches $25M VC Fund to Boost Seed-Stage Fintech Startups

by | Dec 8, 2021
First Rate Ventures says it's the first fintech-focused venture capital firm in the Dallas-Fort Worth area that will focus on investments in early-stage startups in wealth, investment, regulatory, and mortgage technologies.
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Dallas Fintech Zirtue Opens Its Platform to Businesses as a New Alternative Payment Solution
by | Dec 7, 2021
Zirtue's Alternative Payment Solution—operating in stealth mode to Fortune 500 corporate partners since early 2021—is now open to all businesses for consumers to pay their bills. It's a "new level of convenience," CEO and Co-Founder Dennis Cail says: The product gives those who are struggling a way to lean on friends, family, and loved ones to make payments, while providing accountability and trust to the lender.
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Fintech in Action Executive Director Michelle Williams [Courtesy photo]
One Year Later: How Dallas’ Fintech in Action Used $1.7M to Become a Resource for National Black Talent
by | Nov 2, 2021
The coalition—dedicated to hiring, promoting, and retaining more Black professionals in fintech—has doubled its number of partners and participating firms and served more than 250 students from four cities just a year after forming. Executive Director Michelle Williams leads the coalition from Dallas.
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Dallas Fintech Names Industry Heavyweights to Advisory Board After Oversubscribed $3.5M Seed Round
by | Oct 20, 2021
Dallas VC-turned-entrepreneur Joe Beard and financier Joel Radtke are innovating debt capital delivery at CollateralEdge.

It's a mission: The founders want to reduce the barriers for businesses to access lower-cost bank financing. By partnering with the banks, the founders can solve problems for all stakeholders with their tech solution that's backed by high-powered capital partners.
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Alkami Makes First Acquisition Since IPO With MK Decisioning Systems Deal

by | Sep 13, 2021
The Plano-based fintech plans to expand its total addressable market and gain new cross-selling opportunities via the strategic acquisition.
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insurance
Dallas-Based Bestow Named To 2021 CNBC Disruptor 50
by | May 26, 2021
Like the fast-growing digital life insurance company says, "we do things a little differently around here."
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Dallas Fintech Zirtue Receives Investment From Northwestern Mutual, Bringing Its Total Seed Funding to $4M
by | Apr 27, 2021
The VC arm of Northwestern Mutual, Northwestern Mutual Future Ventures, invests in financial technology startups that are focused on historically underbanked and underfunded populations. That's Zirtue's bread and butter: The growing startup touts the first and only relationship-based lending app that drives financial inclusion and freedom.
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New York Fintech Katapult Makes Executive Hires Following an HQ Move to Plano
by | Apr 26, 2021
Katapult, a growing player in the "buy now pay later" market, is also getting ready to go public following a merger with SPAC FinServ Acquisition Corp.
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Plano-Based Alkami Plans IPO Launch at $2B Valuation

by | Apr 5, 2021
Alkami, under the ticker symbol ALKT, is looking to raise $141 million by selling 6 million shares of its common stock at an expected price of $22-25 per share.
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Dallas-Based Zabo Is Bringing Cryptocurrency International Through a New Partnership
by | Feb 25, 2021
By integrating with Money Dashboard, a free personal financial management application based in the UK, Zabo will allow users to view their cryptocurrency balances and transaction history in a single location that includes information on any existing bank accounts.
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Founded by PEAK6, This Action-Oriented Fintech Coalition to Fight Systemic Racism Is Led in Dallas
by | Feb 11, 2021
Fintech in Action will advance the hiring and promoting of more Black employees in finance and financial technology. Founded by Dallas-based Apex Clearing and its parent company, PEAK6, the coalition will be helmed by local Executive Director Michelle Williams, who previously led The DEC Network's efforts in Southern Dallas.
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Riding the Funding Wave: These DFW Startups Got the Money in 2020
Here are 32 North Texas startups that successfully pulled in capital to back their ventures. Fitting the digital demands of a global pandemic, it's a tech-heavy group, with liberal doses of biotech and healthcare-related firms.
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Gig Wage Raises $2.5M Follow-On to Its Recent $7.5M Series A Round

by | Jan 19, 2021
The latest round brings the Dallas-based fintech's total Series A funding to approximately $10 million, the startup told us. Founder and CEO Craig J. Lewis plans to quadruple his team by the end of 2021.
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Plano-Based Fintech Uses Voice Authentication as Quick Means to Prove Identities
by | Jan 10, 2021
With an increase in call volumes during the pandemic, Illuma Labs' flagship product offers credit unions real-time voice authentication powered by artificial intelligence and machine learning.
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Irving-Based Fintech CardNow Reimagines Gift Cards With On-Demand Activations
by | Dec 9, 2020
CardNow acts as a cyber-Saint Nick, delivering gift cards that consumers can load and activate in a pinch for presents.
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Now Open: The Bosai-Tech Open Innovation Challenge Is Looking For Startups in Emerging Tech
by | Nov 24, 2020
Applications are open until Dec. 16 for the contest, which involves four leading Japanese firms on the search for foreign enterprises in IT, IoT, AI, fintech, sensors, satellites, healthcare, drones, and robotics.
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