Category : Fintech Funding

Banking Fintech Fintech Funding News Risk Management

Customers Bank Appoints Industry Veteran Daniel Park as Senior Vice President, Treasurer

Fintech News Desk
Customers Bank is pleased to announce industry veteran Daniel Park has joined the bank as Senior Vice President and Treasurer. Park will use his three decades of experience to enhance interest rate risk management processes, integrate capital and liquidity stress testing into corporate planning, as well as optimize funding, liquidity......
Fintech Fintech Funding Investment Services News

Backing the American Workforce: PayPal, Valar Ventures, Founders Fund, and more Invest in Even

Fintech News Desk
PayPal Ventures, Valar Ventures, Founders Fund, and Marc Benioff announced a new round of strategic investment in Even (even.com) to address the growing financial uncertainty facing American workers. Read More: TerraPay Announces Readiness for the New World by Strengthening Management Designed to improve both the financial wellness of employees and the financial......
Cryptocurrency Fintech Fintech Funding News

Bittrex Global Now Accepts Mastercard to Fund Accounts

Fintech News Desk
Leading cryptocurrency exchange Bittrex Global has announced that it will now accept Mastercard as a source for funding user accounts. The well-known trading platform will accept Mastercard payments from 36 countries across Africa, Asia, Europe, Latin America, and the Middle East, subject to a 3% processing fee. Depending on the country deposits are made from, daily and......
Fintech Fintech Funding News

Checkout.com Triples Valuation to $5.5bn in Series B Fundraise

Fintech News Desk
Leading global payment solution provider Checkout.com becomes one of the most valuable fintechs globally. Today the company announces a $150m Series B funding round, tripling the value of the online international payments business. The $5.5bn valuation reflects a growing business demand for transformative online payment solutions that perform across all geographies and channels. Checkout.com’s......
Fintech Fintech Funding Investment Services Mobile Banking News

Payfone Raises $100 Million Led by the Apax Digital Fund

Fintech News Desk
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......
Artificial Intelligence Fintech Fintech Funding Investment Services News

Botkeeper Raises $25 Million in Series B to Continue Helping CPA Firms Thrive

Fintech News Desk
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......
Fintech Fintech Funding Investment Services News

Citi Enhances FX Execution for Investor Clients with Order Scheduling

Fintech News Desk
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......
Blockchain Fintech Fintech Funding Investment Services News

Authenticiti Secures Additional Funding to Transform B2B Supply Chains with Blockchain

Fintech News Desk
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. ......
Banking Fintech Fintech Funding News

Current Sees Record Growth as it Surpasses One Million Members; Raises Additional Funding

Fintech News Desk
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
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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