Month : September 2023

Stax Payments Bolsters Leadership Team with the Addition of Three Fintech Executives
Fintech News

Stax Payments Bolsters Leadership Team with the Addition of Three Fintech Executives

Business Wire
by Business Wire0
The payment technology provider accelerates momentum through experienced C-suite Stax Payments, the all-in-one payment technology provider, has expanded its C-suite to include fintech veterans Amy Waldhauer as chief commercial officer, Jenn Reichenbacher as chief marketing officer and Lisa Roberts as senior vice president and general counsel. Read More About Fintech : Mortgage Lending: How Lenders Are Embracing......
Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities
Fintech Lending News

Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities

Business Wire
by Business Wire0
Holley committed to using strong free cash flow to continue deleveraging the balance sheet Holley, the leading consumer platform for automotive performance enthusiasts, announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to reduce leverage against Holley’s......
Mercury Fund Raises $160 Million to Invest in Early-Stage Startups Across America
Investment Services News

Mercury Fund Raises $160 Million to Invest in Early-Stage Startups Across America

Business Wire
by Business Wire0
Oversubscribed Mercury Fund V Targets SaaS and Data Platform Startups Based ‘Between the Coasts’ Mercury Fund (“Mercury”), a premier early-stage venture firm focused on investments outside of traditional coastal tech hubs, announced the successful closing of Mercury Fund V (“Fund V” or the “Fund”), with $160 million in capital commitments. The......
Transfr Closes $40 Million in Series C Growth Funding to Enable Career Mobility for Undiscovered Talent
Investment Services News

Transfr Closes $40 Million in Series C Growth Funding to Enable Career Mobility for Undiscovered Talent

Business Wire
by Business Wire0
Transfr, an emerging leader in virtual reality-based skills training for middle-skilled careers, announced a $40 million investment. The Series C growth capital investment round was led by ABS Capital to further develop Transfr’s virtual reality (VR) simulation and training platform and to expand its programs to accommodate its rapidly growing customer......
Arro Launches on All App Store Platforms and Announces Strategic Partnership with Dovly
Fintech Startups Machine Learning News

Arro Launches on All App Store Platforms and Announces Strategic Partnership with Dovly

PR Newswire
by PR Newswire0
Arro, the pioneering fintech startup reshaping the consumer credit landscape, is excited to announce its official launch on major app store platforms, making its innovative credit card solution accessible to the public. To mark this milestone, Arro is also proud to unveil a strategic partnership with Dovly, a formidable leader......
Nexusflow Raises $10.6 Million Seed, Harnessing Generative AI to Revolutionize Cybersecurity
Artificial Intelligence News Security

Nexusflow Raises $10.6 Million Seed, Harnessing Generative AI to Revolutionize Cybersecurity

Business Wire
by Business Wire0
Nexusflow, a Generative AI leader targeting the cybersecurity industry, announced that it has raised a $10.6 million seed round led by Point72 Ventures, with participation from Fusion Fund and several AI luminaries in Silicon Valley. Read More About Fintech : Mortgage Lending: How Lenders Are Embracing Digitalization “Nexusflow specializes in curating......
MARS Growth Capital Announces First Equity Fund and Capital Extension of Debt Funds
Fintech Investment Services News

MARS Growth Capital Announces First Equity Fund and Capital Extension of Debt Funds

Business Wire
by Business Wire0
New equity fund will make growth equity investments in tech and tech-enabled mid to late-stage technology companies. Mars Growth Capital announced the initial closing of its first equity fund, Dragon Fund I, with an initial LP commitment by Mitsubishi UFJ Financial Group, (“MUFG”) of up to US$500mm. The fund is......
Debiopharm Innovation Fund Launches New Seed Funding Activity to Accelerate Digital Transformation of Cancer Care and Pharma R&D
Investment Services News

Debiopharm Innovation Fund Launches New Seed Funding Activity to Accelerate Digital Transformation

Business Wire
by Business Wire0
Kicks off fund with two strategic investments Debiopharm Innovation Fund, the strategic investment arm of Swiss biopharmaceutical company Debiopharm, with $150 million under management, announced the launch of its new seed funding initiative. It plans to deploy additional capital to support up to 15 seed-stage startups each year. Building on......
Huawei Unveils $430 Million Investment to Boost Digital Africa
Artificial Intelligence Investment Services News

Huawei Unveils $430 Million Investment to Boost Digital Africa

Business Wire
by Business Wire0
The eighth edition of Huawei Connect has opened its doors in Shanghai from September 20 to 22, marking its first event since the global health crisis. This year’s spotlight is on artificial intelligence (AI), reflecting Huawei’s key focus for the African continent. During the Huawei Northern Africa Night event on......
Binance Fully Exits Russia with Sale to CommEX
Blockchain Cryptocurrency News

Binance Fully Exits Russia with Sale to CommEX

PR Newswire
by PR Newswire0
Binance has entered into an agreement to sell the entirety of its Russia business to CommEX. To ensure a smooth process for existing Russian users, the off-boarding process will take up to one year. All assets of existing Russian users are safe and securely protected. “As we look toward the future, we recognise......
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