Category : Fintech Funding

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Payfone Raises $100 Million Led by the Apax Digital Fund

Fintech News Desk
by Fintech News Desk0
Investment Will Accelerate Privacy-First Customer Identity Platform with Strategic Acquisitions Payfone announced it has raised $100 million to acquire strategic assets, further strengthen its machine learning capabilities, and build a cross-industry consortium to secure digital transactions and experiences. The investment was led by funds advised by Apax Digital, the growth equity team of......
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Botkeeper Raises $25 Million in Series B to Continue Helping CPA Firms Thrive

Fintech News Desk
by Fintech News Desk0
Botkeeper, a leading US-based AI-powered Bookkeeping company, announced that it has raised $25 million in Series B funding, bringing its total funding to $47.5 million. The round was led by Point72 Ventures, the global venture capital firm backed by prominent investor Steve Cohen. Additional investors include High Alpha Capital, Republic Labs, Oakridge, Peak State as well as existing investors Ignition......
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Citi Enhances FX Execution for Investor Clients with Order Scheduling

Fintech News Desk
by Fintech News Desk0
Citi announced the enhancement of its single-dealer foreign exchange platform, CitiFX Pulse, with new functionality that provides investor clients with the flexibility to stage orders directly from their own execution management system for automatic local market execution at a specified time. Previously, clients could only send FX orders manually to......
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Authenticiti Secures Additional Funding to Transform B2B Supply Chains with Blockchain

Fintech News Desk
by Fintech News Desk0
Authenticiti, a blockchain-enabled supply chain platform, announces it has secured additional funding from leading technology investors. The round was led by Gravity Ranch, with participation from Holt Ventures, SRI International, and existing investor Scopus Ventures. Authenticiti platform is the single-source-of-verifiable-truth for supply chain management, connecting data from siloed systems in real-time. ......
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Current Sees Record Growth as it Surpasses One Million Members; Raises Additional Funding

Fintech News Desk
by Fintech News Desk0
Surge in essential workforce bolsters growth for the mobile bank; drives record new accounts and anticipates doubling total accounts by end of 2020 Current, a leading challenger bank serving Americans overlooked by traditional banks, announced it has surpassed one million members after record months of growth and has added new......
Fintech Fintech Funding Investment Services News

Uptycs Announces $30 Million in Funding to Deliver Next-Generation Security Analytics

Fintech News Desk
by Fintech News Desk0
Uptycs, the leader in SQL-powered security analytics, announced that it has raised $30M in Series B funding led by Sapphire Ventures, with participation from existing investors Comcast Ventures and ForgePoint Capital. This round of funding brings the company’s total funding to $43 million. Jai Das, Managing Director and President at Sapphire Ventures, will join......
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Pagaya Announces $102 Million Series D Funding Round

Fintech News Desk
by Fintech News Desk0
Forever-changing asset management, Pagaya sets a new standard with its technology Pagaya, a global financial technology company using artificial intelligence (AI) to reshape asset management and institutional investment,  announced a $102 million Series D funding round led by a prominent strategic financial institution. Aflac Global Ventures (the venture capital holding......
Fintech Fintech Funding Investment Services News

Credit Suisse NEXT Investors’ Portfolio Companies, LUX FTS and NorthPoint, Merge to Form Portfolio BI

Fintech News Desk
by Fintech News Desk0
Credit Suisse Asset Management’s NEXT Investors, a leading Fintech growth equity group, announced that LUX Fund Technology and Solutions (LUX FTS), a SaaS-based enterprise data management and reporting platform, and NorthPoint, a leading global provider of front-to-back office investment management solutions, have merged to form Portfolio BI. Portfolio BI provides......
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Hancock Whitney Brings Paycheck Protection Program Funds to 12,000+ Gulf South Businesses with Digital Lending from FIS and Numerated

Fintech News Desk
by Fintech News Desk0
Hancock Whitney partnered with financial technology solutions leaders FIS and Numerated to digitally transform its business lending capabilities during the COVID-19 pandemic. Digital lending technology from FIS and Numerated allowed the bank to speed and scale approval of Paycheck Protection Program (PPP) loan applications to help expedite relief funds to more than 12,000 businesses across......
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BizCapital Raises $12 Million in Financing Round

Fintech News Desk
by Fintech News Desk0
BizCapital, a Brazilian SME online lender has just raised a Series B financing round of $12 million led by the German development finance institution DEG, a subsidiary of  KfW Group, Germany’s promotional bank. The round reinforces investors’ confidence in BizCapital’s ability to innovate in the Latin American credit market amid challenging circumstances caused by......
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