Category : Fintech Funding

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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......
Artificial Intelligence Banking Business Fintech Fintech Funding News

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

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......
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......
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