Category : FinTech Funding

Blockchain Business Cryptocurrency Fintech FinTech Funding Investment Services News

ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses

FTS News Desk
ETHA Lend, the chain agnostic yield optimizer powered by Polkadot and Ethereum, raised $1.6 million during their first funding rounds to accelerate yield optimization in DeFi. The investment round was led by AU21 Capital, DFG Group and Privcode Capital, followed shortly by eminent investors including Vector Capital, Chain Capital, PNYX......
Fintech FinTech Funding News

Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term

FTS News Desk
Atom, the UK’s first app-based bank, is to raise £40m from existing shareholders as it moves to profitability from its mortgage and business lending within a year, and to IPO the year after. Read More: Aurus Technologies Brings Gold Tokenization to Chile and Latin America Atom’s revenues are growing strongly......
Digital Fintech FinTech Funding Mobile Banking News

Coro Global Announces its CORO Mobile Payment App Granted a New U.S. Money Transmitter License in Virginia

FTS News Desk
CORO App now licensed and fully operational in over half of the United States  Coro Global Inc, the fintech company behind the new payment app where gold can be used as money, announced today that it may now operate in 25 U.S. states and the District of Columbia. Coro’s subsidiary......
Capital Markets Fintech FinTech Funding FinTech Startups News

Finix Exceeds $100M in Funding and Adds Execs from Google, Tesla, and Uber to its C-Suite

FTS News Desk
Capital threshold surpassed with funds from a special purpose vehicle dedicated to Black and Latinx investors Finix, the payments infrastructure company helping vertical SaaS companies transform their businesses through payments, surpassed $100M in total funding, allocating 10% of its most recent funding round for Black and Latinx investors. Matching its financial growth,......
Artificial Intelligence Business Fintech FinTech Funding InsurTech News

Zelros Raises $11 Million in Series A Funding to Bring AI-Powered Responsible Insurance Distribution to North America

FTS News Desk
Zelros, the industry’s first AI-driven platform dedicated to advancing insurance distribution, today announced the successful close of an $11 Million Series A financing round, bringing the company’s total funding to date to $16.5M. Silicon Valley-based BGV led the round with new participation from ISAI Cap Venture and Plug and Play.......
Currency Exchange Fintech FinTech Funding News Risk Management

Square Buys $170 Million Worth Of Bitcoin

FTS News Desk
Square, Inc has posted its results for the fourth quarter and full year of 2020 on the Financials section of its Investor Relations website at investors.squareup.com and filed these results with the Securities and Exchange Commission. Read More : Sales Recovery: Road Map to Post-Pandemic World Square will host a conference......
Digital Fintech FinTech Funding News Trading

Parkside Closes $24 Million Series A Financing

FTS News Desk
Global fintech leader completes industry’s first system-wide immutable platform for scalable, low-cost cross-border investing Parkside, a global stock trading and clearing platform for brokerages and digital banks, announced completion of its $24 million Series A financing. Shanghai, China-based Enlight Growth Partners (“EGP”) led the round, which included existing investors Mubadala......
Fintech FinTech Funding News

Penta Raises Further Millions: Series B+ Now Totals 30M Euro

FTS News Desk
Penta manages to  top up its series B investment Due to a positive business development and strong business performance, all existing investors increase their initial investment, with ABN AMRO Ventures taking the lead as strategic investor The financing round will be used to further expand Penta’s business model Following Penta’s......
Business Fintech FinTech Funding News

Leading Nonbank Lender, Fountainhead, Partners with Womply to Aid in Funding for Underserved Sector of Small Businesses

FTS News Desk
National lender and local commerce platform unite to help streamline Paycheck Protection Program loans Fountainhead, a nationwide nonbank lender for small-to-midsized businesses today announces a partnership with Womply, a data intelligence and commerce platform, to streamline Paycheck Protection Program (PPP) loans for underserved microbusinesses. Read More: Revenued Simplifies PPP Loan Application......