Month : April 2022

Framework Ventures Raises $400 Million for Third Fund, Earmarks Half for Web3 Gaming
Blockchain DeFi News

Framework Ventures Raises $400 Million for Third Fund, Earmarks Half for Web3 Gaming

Fintech News Desk
by Fintech News Desk0
An early investor in DeFi, Framework now has over $1.4 BN in Assets Under Management Framework Ventures, one of the earliest venture firms to enter the Decentralized Finance (DeFi) space, announced the completed raise of “FVIII”, an oversubscribed $400 million fund for investment in early-stage blockchain gaming, Web3, and DeFi......
Wells Fargo Introduces Small Businesses to Alternative Options for Financing and Technical Assistance
Business Finance News

Wells Fargo Introduces Small Businesses to Alternative Options for Financing and Technical Assistance

Fintech News Desk
by Fintech News Desk0
Company collaborates with Community Reinvestment Fund, USA to continue the support of small business recovery from the pandemic Wells Fargo announces the Small Business Resource Navigator, an online portal helping connect small business owners to potential financing options and technical assistance through Community Development Financial Institutions (CDFIs) across the country. The......
Brex Acquires Pry Financials to Expand Its Software Capabilities for Founders
Finance News

Brex Acquires Pry Financials to Expand Its Software Capabilities for Founders

Fintech News Desk
by Fintech News Desk0
The acquisition gives founders sophisticated, and yet easy-to-use, tools for cash and financial management Brex, the company reimagining finance for growing businesses, announced  its acquisition of Pry Financials, a software platform with tools designed to enable budgeting, bookkeeping and forecasting, for $90 million. Cash flow forecasting and runway planning can make......
As One Insurance Group Selected as Marketing Arm for Team Corp
InsurTech News

As One Insurance Group Selected as Marketing Arm for Team Corp

Fintech News Desk
by Fintech News Desk0
Partnership appoints As One executive team to key marketing roles within Team Corp organization National General Insurance, an Allstate company, has appointed As One Insurance Group (As One) to key leadership roles within the newly acquired Team Corp. As One will hold executive roles in the marketing of Team Corp......
Kraken Appoints Mayur Gupta as CMO
Cryptocurrency News

Kraken Appoints Mayur Gupta as CMO

Fintech News Desk
by Fintech News Desk0
To Lead Brand & Growth Into Era of Mainstream Adoption Kraken, one of the world’s largest cryptocurrency exchanges, is delighted to announce the appointment of Mayur Gupta as its Chief Marketing Officer (CMO). Mayur will lead Kraken’s brand, product and growth marketing efforts to advance the company’s mission and become......
Delivering Comprehensive Financial Services to the Innovation Economy, SVB Financial Group Rebrands to Reflect Growth
Banking Finance News

Delivering Comprehensive Financial Services to the Innovation Economy, SVB Financial Group Rebrands to Reflect Growth

Fintech News Desk
by Fintech News Desk0
“SVB” to represent the company’s full offering: Silicon Valley Bank, SVB Capital, SVB Private, and SVB Securities SVB Financial Group (SVB), the financial partner of the innovation economy, announced a rebrand of its four primary businesses — Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities — under the......
Latina-founded BaaS Provider NovoPayment Raises $19 Million Series A
Banking News

Latina-founded Banking-as-a-Service Provider NovoPayment Raises $19 Million Series A

Fintech News Desk
by Fintech News Desk0
Building on LatAm market success, Miami-based fintech pioneer to boost expansion in the US NovoPayment announced it has secured $19 million in Series A financing, led by Fuel Venture Capital and IDC Ventures, to further scale NovoPayment’s Banking-as-a-Service (BaaS) platform in existing markets and the US. NovoPayment offers a full-stack, multi-country, and multi-currency API cloud-based platform that powers......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc., the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising interest rates, and previewed business developments at its Avenu Banking-as-a-Service (BaaS) subsidiary. Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income......
TD Auto Finance Joins AutoFi Network of Lenders, Providing Fast and Easy Online Automotive Financing
Commerce News

TD Auto Finance Joins AutoFi Network of Lenders, Providing Fast and Easy Online Automotive Financing

Fintech News Desk
by Fintech News Desk0
TD Bank and AutoFi, the leading commerce platform for end-to-end digital automotive sales and financing, announced that TD Auto Finance, a division of TD Bank N.A., has joined the AutoFi network and will now be an online lending option for AutoFi’s automotive dealerships and marketplaces nationwide. “The AutoFi platform enables consumers......
Analytical Platform RaysX Will Launch the RAX Token
Cryptocurrency DeFi News

Analytical Platform RaysX Will Launch the RAX Token

Fintech News Desk
by Fintech News Desk0
RaysX, an analytical platform that helps traders and investors to holistically analyze the cryptocurrency market and decentralized finance, will launch its own RAX token. Early investors may have the opportunity to participate in the private sale of $RAX tokens before listing on crypto exchanges. According to the founders of the......
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