CardFlash News Briefs: PEPPERMINT (funding); INAUTH (expansion); HYPERWALLET (milestone); and NFCC (Synchrony).
PEPPERMINT – Perth, Australia-based Peppermint Innovation a mobile banking, payments and remittance technology platform focused on providing vital access to banking services for millions of people not currently linked to traditional banks, has been re-admitted to the Australian Securities Exchange. Peppermint, trading under ASX code PIL, commences trading today following a reverse takeover of Chrysalis Resources (ASX: CYS). Peppermint successfully raised $3.87 million in November.
INAUTH – InAuth, a provider of solutions that help businesses limit risk, reduce fraud, and enhance authentication within their digital channels, announced today the addition of key staff and the opening of its new European headquarters based in London, UK. The office is a major part of the company’s international expansion plans and complements their North American offices in Boston and Los Angeles.
HYPERWALLET – Hyperwallet, a payout platform of the new economy, announces it has achieved a significant milestone with payments to more than five million independent workers on behalf of its corporate clients. This rapid growth is projected to increase steadily as the company continues to roll out new platform features, including integrated business support tools, custom loyalty programs, and a full suite of payout APIs.
NFCC – Synchrony Financial has committed a $4 million grant to the National Foundation for Credit Counseling (NFCC) in support of the next phase of the Sharpen Your Financial Focus (Sharpen) initiative. The Sharpen program allows consumers to identify their most pressing financial issue, and then helps them select appropriate solution options through education and counseling.