Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Mitek Named Leader in Liminal’s Analysis of Companies Offering Account Opening Protection

Business Wire
by Business Wire0
Liminal, a leading advisory and market intelligence firm specializing in the digital identity, cybersecurity and fintech markets, has named Mitek Systems, a leader in its highly anticipated Link Index Report for Account Opening in Financial Services. Read More About Fintech : Mortgage Lending: How Lenders Are Embracing Digitalization “Companies rely on us......

XTM Secures up to USD $90 Million Debt Facility to Fund Earned Wage Access Growth

Business Wire
by Business Wire0
XTM, a Miami and Toronto-based Fintech creator of disruptive payment innovations is pleased to announce that it has approval of a financing, totaling up to USD $90,000,000 with access to up to $30,000,000 for the initial funding and options to request $20,000,000 and thereafter increments of $25,000,000 as the requirements......

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

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

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

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......

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

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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

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

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

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......
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