Category : Fintech Funding

Fintech Fintech Funding News

Kasada Raises $10 Million in Series B Funding to Fuel Rapid U.S. Expansion and Enhance Its Web Traffic Integrity Solution

Fintech News Desk
by Fintech News Desk0
Kasada, a leading web traffic security solution and services provider, announced that it has raised $10 million in Series B funding. The New York and Sydney-based company plans to use the proceeds to fuel its continued rapid U.S. expansion and new product development. Cybersecurity venture capital specialist Ten Eleven Ventures led the round, joined by existing investors Main......
Capital Markets Fintech Fintech Funding Investment Services News

CVentures, Commercial International Bank’s Venture Capital Arm Invests in MagicCube’s Contactless SoftPos Platform and its Differentiating Software Defined Trust

Fintech News Desk
by Fintech News Desk0
MagicCube, the creator of the world’s only Software Trusted Execution Environment platform, announced that CVentures, Commercial International Bank’s (CIB) VC arm has made an investment in MagicCube, joining a group of investors led by Bold Capital, Epic Ventures, Sony, NTT Data, Azure Capital, Visa Inc., and Luqman Weise Capital. Last......
Business Fintech Fintech Funding News

Wells Fargo Foundation Expands Free Virtual Financial Coaching to Help with COVID-19 Hardships

Fintech News Desk
by Fintech News Desk0
With record numbers of U.S. adults filing for unemployment, and many people facing a lower income amid COVID-19, the Wells Fargo Foundation is supporting national nonprofits in expanding virtual financial coaching services, cost-free, to help the public adapt in these challenging times. These efforts are part of the Wells Foundation’s $175 million commitment to......
Banking Business Fintech Fintech Funding News

VersaBank Adds Three New Insolvency Professional Deposit Partners, Further Expanding Its Access to Very Low-cost Deposit Funding to Support Continued Growth

Fintech News Desk
by Fintech News Desk0
VersaBank announced that it has added three new partners in its Insolvency Professional Deposits business, further expanding its access to very low-cost deposit funding, and further strengthening a core element of its business model to support continued growth, while providing additional risk-mitigation through increased deposit diversification. Read More: Analyticom Introduces a......
Business Fintech Fintech Funding Investment Services News

Haus Raises $15.75M Series A Led By BlueRun Ventures

Fintech News Desk
by Fintech News Desk0
Haus Services, Inc., a real estate co-investor offering liquidity and affordability to homeowners, announced it has closed a $15.75M Series A funding round led by noted fintech investor BlueRun Ventures, joined by Assurant Growth Investing, Leap Global Partners, Correlation Ventures, and H.Barton Asset Management. Existing investors Expa, Montage Ventures, and......
Banking Fintech Fintech Funding Investment Services News

Ameriprise Financial Institutions Group Welcomes ESSA Bank & Trust

Fintech News Desk
by Fintech News Desk0
ESSA Selects Ameriprise Financial Services, LLC as its new broker-dealer to expand its investment services program Ameriprise Financial announced that ESSA Bank & Trust has transitioned its investment management program, ESSA Investment Services, to Ameriprise Financial Institutions Group (AFIG). ESSA joins AFIG from Cetera. The Stroudsburg, PA-based bank employs three......
Fintech Fintech Funding News

FinVolution Group Receives APP Security and Information Security Certifications from China’s CVERC

Fintech News Desk
by Fintech News Desk0
FinVolution Group, a leading fintech platform in China, announced that its fintech application, PPDAI App, has received both the APP Security Certification and the APP Information Security Certification with level 3 rating, the highest rating level in security evaluation standard, from China National Computer Virus Emergency Response Center (“CVERC”). Read More:......
Business Fintech Fintech Funding News

First Financial Network Announces Sale Closing of Performing and Non-Performing Commercial Loans Totaling $112 Million for Financial Institutions and Funds

Fintech News Desk
by Fintech News Desk0
First Financial Network, Inc. (FFN), a leading international loan sale advisor, has announced the successful sale of performing and non-performing loans totaling $112 million on behalf of several financial institutions and funds. The assets sold included predominantly commercial real estate loans (office, industrial, retail, mixed-use, and multifamily) as well as C&I business......
Fintech Fintech Funding Investment Services News

Uber Highly Commended for Best Short-Term Investing Solution, using ICD Portal

Fintech News Desk
by Fintech News Desk0
Uber, a global technology platform that uses a massive network, leading technology, operational excellence and product expertise to power movement from point A to point B, was highly commended by Treasury Today’s Adam Smith Award 2020 judges this week for Best Short-Term Investing Solution, using ICD Portal. ICD is corporate treasury’s trusted independent portal......
Economy Fintech Fintech Funding Investment Services News

PayPal Announces $530 Million Commitment to Support Black Businesses, Strengthen Minority Communities and Fight Economic Inequality

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, announced a $530 million commitment to support Black and minority-owned businesses and communities in the U.S., especially those hardest hit by the pandemic, to help address economic inequality. As part of its investment, the company is bolstering its internal programs to further increase diversity, equity and inclusion within the PayPal community.......
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