Category : Fintech Funding

Capital Markets Fintech Fintech Funding News

Virtual Fundraising for Nonprofits Enabled by Michigan Technology Company to Raise Funds During Quarantine

Fintech News Desk
by Fintech News Desk0
Nonprofits Turn to Virtual Fundraising During Quarantine iConnectX, an innovative nonprofit technology created by Sqwirrel LLC, a subsidiary of V2Soft, a Michigan company, has been able to provide its subscribed nonprofits a way to raise funds during quarantine. Through Virtual Fundraising, nonprofits can still raise funds for their cause. iConnectX enables nonprofits to......
Fintech Fintech Funding Investment Services News

New Financial Finesse Research Reveals American’s Financial Stress Was Rising Before COVID-19 Hit

Fintech News Desk
by Fintech News Desk0
Financial Finesse, the innovator of workplace financial wellness programs, today released their 2019 Financial Wellness Year in Review (YIR) study highlighting the current state of financial wellness in America. At the time of this study, America is battling the COVID-19 pandemic. Consequently, in addition to the annual analysis the report historically provides,......
Fintech Fintech Funding News

Symend Closes $52 Million USD Round to Deliver on Its Mission to Digitally Transform the Engagement Experience for Financially At-Risk Customers

Fintech News Desk
by Fintech News Desk0
Science-driven Digital Engagement Platform Company Raises Growth Financing From Enterprise Software Investors Symend, a leading customer engagement platform designed to better engage, treat, and retain financially at-risk customers, today announced a $52 million USD raise led by global technology venture firm Inovia Capital, with participation from a consortium of investors including Ignition Partners, Impression......
Fintech Fintech Funding Investment Services News

COVID-19 Financial Impact: 82% of Americans Worry About Making Ends Meet

Fintech News Desk
by Fintech News Desk0
New doxoINSIGHTS report shows impact of increasing household financial stress on bill pay behavior While the financial impacts of the coronavirus pandemic are still developing, bill payment behavior is quickly changing as consumers tighten their spending habits and adapt to the economic uncertainty of the months to come. Unfortunately, new......
Fintech Fintech Funding News

Global Financial Technology Platform Nium Closes Latest Funding Round

Fintech News Desk
by Fintech News Desk0
New investors include Visa and BRI Ventures Global fintech platform Nium announced its latest fundraise . Visa, the world’s leader in digital payments, participated in the round along with existing investors. Another new investor to join the fold was BRI Ventures, the Corporate Venture arm of Bank BRI of Indonesia. Read More: Analyticom......
Artificial Intelligence Fintech Fintech Funding Investment Services News

Boosted.ai Raises $8 Million in Series A Funding to Bring Artificial Intelligence in Investment Management to the Mainstream

Fintech News Desk
by Fintech News Desk0
AI Platform Offers Machine Learning Techniques to Global Financial Industry Boosted.ai, the leading distributed machine learning platform for global investment professionals, announced the closing of an $8 million USD Series A financing round, led by Portag3 Ventures. Dunamu & Partners and Polar Equity Partners also participated in the round. Inclusive......
Business Fintech Fintech Funding News

BitX Funding Extends $3 Million Line of Credit to Amazon Seller

Fintech News Desk
by Fintech News Desk0
Online Lender Expedites Scale-up for Amazon FBA Sellers Seeking Financing BitX Funding, the online lending marketplace known for matching small-business owners with optimal, non-bank lenders, is facilitating expansion for Amazon third-party (3P) sellers. Read More: Fintech Europe Selects Ten Startups for its Fifth Batch Fulfill by Amazon (FBA) sellers have......
Fintech Fintech Funding Investment Services News

Skale10 Capital Launches Transformative Infrastructure Investment Platform

Fintech News Desk
by Fintech News Desk0
Skale10 Capital, a global investment firm headquartered in New York City, announced its official launch . The firm will focus on Advanced Infrastructure investments, a highly differentiated approach to infrastructure ownership and development that weaves together transformative technologies with impactful value creation. Read More: Invoia Re-Brands, Focuses on Small Businesses With Recurring......
Business Fintech Fintech Funding News

PingPong Payments Launches Expanded Suite of Products in the U.S. to Fuel Global Growth for Online Sellers

Fintech News Desk
by Fintech News Desk0
Despite an impending recession in the U.S. due to the coronavirus pandemic, Amazon announced record Q1 record revenues of $75.5 billion – an increase of $59.7 billion (26 percent) from Q1 results a year ago[1] and e-commerce sales overall are on a pace to skyrocket to $6.5 trillion by 2023[2].  While the online seller market continues to......
Blockchain Fintech Fintech Funding News

Props Raises $2m in Funding Led by Union Square Ventures and Borderless Capital, Moves to Scale on Algorand Platform

Fintech News Desk
by Fintech News Desk0
Funding and infrastructure upgrade to support Props’ growth beyond its 3M users The team behind Props, a network built to reward application users with a financial stake in the network they contribute to, announced that it has raised approximately $2M in token-sale financing from a number of funds and strategic partners led......
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