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Category: News

Central Payments Closes $30 Million Raise

Posted August 11, 2022

Leading Community Bank Private Equity Firm Backs Spinoff of Company behind ‘REAL’ Banking-as-a-Service August 11, 2022 CONTACT: Melissa Otten 605.354.5451 motten@central-payments.com SIOUX FALLS, SD – Central Payments, architect of the award-winning Open*CP Fintech API Marketplace and the country’s fastest growing prepaid card issuer*, announced today that it has completed a …

Posted February 2, 2022

Mix of Fintech Startups and Established Companies Validates the Versatility and Momentum of the Open*CP Fintech API Marketplace. SIOUX FALLS, SD – (February 2, 2022) – Central Payments, the country’s fastest growing prepaid card issuer*, announces the market launch of financial technology products for six partners leveraging its’ award-winning Open*CP …

Posted September 9, 2020

Falls Fintech was featured on Currency Cloud’s podcast. Listen as they talk about innovating through a crisis. The three guests are: Nikkee Rhody, SVP at Falls Fintech and VP – Product Development & Marketplace Strategies at Central Payments. Fonta Gilliam, CEO at Invest Sou Sou. Rishi Chand, Account Manager at Mastercard. Listen to the full …

Posted February 13, 2020

FALLS FINTECH ANNOUNCES INAUGURAL ADVISORY BOARD Group will advise Central Payments’ new fintech accelerator launching on March 9, 2020 (Sioux Falls, SD) Central Payments announced today its seven-member advisory board for Falls Fintech, the organization’s early-stage, onsite accelerator for upstart financial technology companies. Nikkee Rhody, Falls Fintech Managing Director and …

Posted December 4, 2019

via StartUp Sioux Falls The state’s first fintech accelerator will kick off its inaugural 10-week program in March 2020, welcoming a cohort of five early-stage businesses to Sioux Falls. Falls Fintech was formed in 2019 as a subsidiary of Central Payments, the payments division of Central Bank of Kansas City. Based in Dell …

Posted December 4, 2019

via Power of Prepaid Podcast In the latest episode of the Innovative Payments Podcast, the founders of the Falls Fintech Accelerator talk about how they plan to help financial start-ups move from being an idea in development to being a product in market. Nikkee Rhody and Trent Sorbe, the founders …

Posted December 4, 2019

via Tearsheet Smaller financial institutions are finding a way to compete in a world of too big to fail banks. The Central Bank of Kansas City is an interesting case study. The bank is one of a small number of FIs in the US certified by the Treasury as a …

Posted December 4, 2019

via Payments Innovation Podcast A lot of people ignore the middle part of the United States. The “flyover” states, as they’re called, get a bad rap. They’re ignored for the likes of New York, LA, Silicon Valley, and Austin. But there is so much happening in Middle America. Incredible things …