Category : Fintech Funding

Fintech Fintech Funding News

CreditEase Fintech Investment Fund Joins $36 Million Series B+ Funding Round in China’s Startup Fenbeitong

Fintech News Desk
by Fintech News Desk0
CreditEase Fintech Investment Fund announced that it joined a $36 Million Series B+ financing round in Fenbeitong, a renowned corporate expense management start-up in China, alongside Eight Roads, Glade Brook Capital, Ribbit Capital, IDG Capital and China Growth Capital. Fenbeitong helps companies to better manage and control their expenditures through technological innovations. Founded in......
Fintech Fintech Funding News

Mortgage Servicing Disruptor Sagent Appoints Digital Lending Veteran Dan Sogorka CEO & President

Fintech News Desk
by Fintech News Desk0
Warburg Pincus and Fiserv-backed company to modernize last and most complex frontier of housing ecosystem Sagent Lending Technologies, a leading fintech company modernizing mortgage and consumer loan servicing, appointed Dan Sogorka CEO and president, replacing Bret Leech who will become executive chairman and board member. The move accelerates Sagent’s vision......
Fintech Fintech Funding News

SpotOn Raises $50 Million in Series B Funding from Former Twitter Executives

Fintech News Desk
by Fintech News Desk0
The payments and software company will increase investment in product development to continue building end-to-end vertical solutions and accelerating hiring across all functions SpotOn Transact, Inc, an innovative payments and software company, announced $50 million in Series B funding. The round includes 01 Advisors, an investment and advisory firm founded......
Fintech Fintech Funding News

Jack Henry & Associates Launches Core-Integrated Accounts Receivable Financing

Fintech News Desk
by Fintech News Desk0
SilverLake System integration with BusinessManager allows banks to provide business customers with more transparency, faster access to funds Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today the company announced that BusinessManager has been fully integrated into the SilverLake......
Fintech Fintech Funding News

QRails Backed by Global Equities Asset Manager in Series A Funding Round

Fintech News Desk
by Fintech News Desk0
EFM Asset Management Supports Payment Processor as Major Program Launches Take Shape for 2020 QRails, a cloud-based, open API issuer-processor that enables innovative payment solutions around the world, announced the closing of a $8 million Series A funding round led by EFM Asset Management. The announcement comes as QRails, in......
Fintech Fintech Funding News

Cadence Acts As Sole Structuring Consultant And Arranger In $40 Million Securitization

Fintech News Desk
by Fintech News Desk0
Transaction First to Digitize Rated Asset-Backed Security on Ethereum Cadence Group, Inc., a leading fintech securitization platform, is pleased to announce the closing of a $40-million whole business securitization with FAT Brands Inc., in which Cadence acted as the sole structuring consultant and arranger. In addition to significantly lowering FAT Brands’......
Banking Fintech Fintech Funding News

Former U.S. Secretary of Commerce, Penny Pritzker, Doubles Down on Payments Infrastructure Pioneer Finix

Fintech News Desk
by Fintech News Desk0
Penny Pritzker, former U.S. Secretary of Commerce, Founding Partner of Inspired Capital, and Founder and Chairman of PSP Partners, has invested additional capital into fast-growing payments infrastructure provider, Finix, and has joined the company’s board of directors. Finix, a leader in embedded payments infrastructure, announced today that Penny Pritzker, former......
Fintech Funding News

Canoe Intelligence Names Prime Buchholz as New Client

Fintech News Desk
by Fintech News Desk0
Canoe Intelligence, a financial technology company on a mission to automate and improve alternative investment operations for institutional investors, allocators and asset servicing firms, announced a new client relationship with Prime Buchholz, an independent investment advisory firm with an operational history of more 30 years and deep expertise in alternative......
Fintech Funding Investment Services News

Fintech Terrapay Raises $9.6 Million From Prime Ventures, IFC, and Partech

Fintech News Desk
by Fintech News Desk0
TerraPay announced that a consortium of investors, including Prime Ventures, Partech Africa and management acquired the company for an undisclosed sum. In addition, the same investors, joined by IFC, invested $9.6 million in TerraPay to fund the company’s expansion. TerraPay, a company incubated by Comviva, the India-headquartered mobile solutions provider,......
Fintech Funding News

Empower Closes $20 Million Series A Financing to Build AI-Powered Mobile Banking App Designed for Millennials

Fintech News Desk
by Fintech News Desk0
Funding will be used to fuel growth and product innovation as Empower reimagines consumer banking for today’s generation Empower, a high-growth mobile banking app in the US challenger bank category, announced $20 million in Series A funding. The financing included participation from new investors Icon Ventures, Defy Ventures, and David Velez, Founder and......
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