Month : September 2020

Next Insurance Raises $250 Million in Series D Financing to Lead Major Shift in Insurance for Small Business Owners
Fintech InsurTech News

Next Insurance Raises $250 Million in Series D Financing to Lead Major Shift in Insurance for Small Business Owners

Fintech News Desk
by Fintech News Desk0
Led by CapitalG new financing solidifies Next Insurance as the one-stop-shop for small business insurance and brings the company’s valuation to more than $2 billion Next Insurance, the leading digital insurtech company transforming small business insurance, today announced that it has raised $250 million in Series D financing led by CapitalG, Alphabet’s......
CIBC Innovation Banking Provides Eventus Systems with US$5 Million Growth Financing Facility
Banking Fintech News

CIBC Innovation Banking Provides Eventus Systems with US$5 Million Growth Financing Facility

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking today announced a US$5 million growth capital financing facility for Austin-based Eventus Systems Inc., a multi-award winning global trade surveillance and market risk software platform provider. The additional capital is available to support the firm’s continued strategic growth and international expansion. Read More: Santander UK Wins Multiple......
Artificial Intelligence Featured Fintech Fintech Startups

An Overview of the Singapore Fintech Market

Fintech News Desk
by Fintech News Desk0
Financial technology, commonly known as Fintech, is the term used to define emerging technologies aimed at enhancing and automating the provision and usage of financial services. Fintech helps companies, businesses and customers in managing their financial processes and operations better through the use of specialized computer and smartphone software and......
B2B Fintech Zoop Receives R$ 60 Million Investment Led by Movile
Banking Business Fintech Investment Services Mobile Banking News

B2B Fintech Zoop Receives R$ 60 Million Investment Led by Movile

Fintech News Desk
by Fintech News Desk0
The B2B fintech grew its Total Payment Volume (TPV) by 140 percent during the last 12 months. Zoop will use the new funding to further accelerate the growth of its payments, banking and credit verticals Movile, one of Latin America’s leading investors and growth accelerators for technology companies, announced the......
OnDeck's "All In" Supporting Small Businesses in New York
Business

OnDeck’s “All In” Supporting Small Businesses in New York

Fintech News Desk
by Fintech News Desk0
OnDeck Surpasses $1 Billion in Small Business Financing in New York State, Including Nearly $500 Million in New York City OnDeck® (NYSE: ONDK), a leader in online small business lending, today announced it has surpassed $1 billion in financing to small businesses across the State of New York. Small businesses are the lifeblood of......
How Are Neobanks Changing The Face Of Banking Today?
Banking Fintech Fintech Funding Guest Posts

How Are Neobanks Changing The Face Of Banking Today?

David Smith
by David Smith0
The inequality gap in America continues to grow at a staggering rate. The CEO-to-worker compensation ratio was 21-to-1 in 1965. In 2019 the ratio was 320-to-1. If you made $10 an hour in 1965, the CEO of your company would have made $210 an hour. In contrast to today, if you......
MarketFinance awarded £10m grant to bring choice and competition in supporting more businesses
Business Fintech News

MarketFinance Awarded £10m Grant To Bring Choice And Competition In Supporting More Businesses

Fintech News Desk
by Fintech News Desk0
– Customers: the grant will help expand services to 3.5m sole traders and younger SMEs who will benefit from easy-to-use finance options – Products: MarketFinance to create more business lending products where customers will be able to personalise finance options to suit their needs – Partnerships: In building on successful......
Data accuracy and request overload cited as key challenges in Panaseer's 2020 GRC Peer Report
Business Fintech News

Data Accuracy and Request Overload Cited as Key Challenges in Panaseer’s 2020 GRC Peer Report

Fintech News Desk
by Fintech News Desk0
GRC leaders lack confidence in security data they provide to regulators Senior risk and compliance professionals within financial services company’s lack confidence in the security data they are providing to regulators, according to Panaseer’s 2020 GRC Peer Report. Results from a global external survey of over 200+ GRC leaders* reveal......
Bluefin Announces $25 Million in Growth Financing Led by Macquarie Capital Principal Finance
Fintech News Trading

Self-Directed IRA Accounts Get Enhanced Access to Private Markets

Fintech News Desk
by Fintech News Desk0
iownit, a leading digital private securities platform, announces integration with Midland Trust, a leading self-directed IRA custody provider, to enhance access to alternative investments for accredited investors. iownit capital and markets, Inc., a leading digital assets issuance and trading platform, is pleased to announce that it has entered into an......
InsurTech Leader Delivers Industry's First Commercial Submissions Platform to Agency and Carrier Design Partners
Fintech InsurTech News

InsurTech Leader Delivers Industry’s First Commercial Submissions Platform to Agency and Carrier Design Partners

Fintech News Desk
by Fintech News Desk0
AmTrust Financial joins Vertafore’s initiative to transform commercial insurance As part of their initiative to improve market connectivity across the insurance distribution channel, today Vertafore announced the successful first release of its Commercial Submissions™ platform to its carrier and agency design partners on the project. Read More: CB Insights Acquires Netherlands-Based......
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