Category : Fintech Funding

Business Fintech Funding News

BBVA USA Gives $30,000 in Grants to Jacksonville Nonprofits Working to Promote Small Business and Entrepreneurship

Fintech News Desk
Small Business Groups in Jacksonville Receive Boost from BBVA BBVA USA, in its mission to bring the age of opportunity to everyone, provided significant  funding to three nonprofits in Jacksonville who are focused on growth and development of small business and entrepreneurship. The BBVA Foundation provided $10,000 grants to the University of North Florida’s Center for Entrepreneurship......
Banking Fintech Funding

New Company, Trupayments, LLC, Launches Grail Technology Platform to Power Personalized Digital Marketing, Shopping and Retailing Solutions

Fintech News Desk
Initial Products, Tru Shop-By-Payment and Tru Rideitnow Serve Automotive, Powersports and Rv Verticals. Automobile Consumer Services, Inc. (ACS), announced it has established truPayments, LLC, a financial technology company. In 2017, ACS engineers began building a new platform, GRAIL, replacing its 11 year old DriveItNow web application. When completed, GRAIL will......
Cryptocurrency Fintech Funding

Cindicator Launches the First Quantitative Crypto Fund Powered by Hybrid Intelligence

Fintech News Desk
Cindicator, an international fintech company, has announced the launch of the first quantitative crypto hedge fund powered by Hybrid Intelligence. Cindicator Capital is a unique ecosystemic fund, based on an alpha-generating vehicle including thousands of decentralized analysts from 135 countries. The data flow of millions of forecasts from the analytical......
Banking Fintech Funding

Brex Signs $200M Debt Capital Raise

Fintech News Desk
Funding Will Fuel Brex’s Fast Growing Ecommerce Product Brex, the financial technology company that helps ambitious companies scale, announced a $200 million debt capital raise to help continue the rapid expansion of Brex’s ecommerce product. The capital comes in the form of a warehouse line of credit from Credit Suisse,......
Banking Fintech Funding

80% of Asia Bankers See Themselves as Open APIs Losers

Fintech News Desk
Fintech Gini Reveals an Industry Survey to Identify Open Banking Opportunities and Obstacles gini, the Hong Kong based data-driven banking solutions provider reveals a recent survey on Open APIs readiness among Asian fintech industry professionals. Only 20% of bankers saw themselves as the winners from Open APIs, even though 70%......
Fintech Funding Investment Services News

FintechOS Raises GBP 10.7 Million (USD 14 Million) Series A for Global Expansion

Fintech News Desk
New Funding to Support Further Growth in Europe and Enable Expansion to South East Asia and the US FintechOS, the next generation of hyper-personalised, automated financial technology, announced it has secured GBP 10.7 million (USD 14 million) of Series A investment. The funding was led jointly by Earlybird‘s Digital East Fund and OTB......
Banking Fintech Funding

BlackLine Named ‘Change Enablement Champion’ At 2019 Kapost Customer Awards

Fintech News Desk
Accounting Automation Software Leader Recognized for Commitment to Change, Successful Implementation of New Content Marketing and Operations Strategy to Better Enable Sales BlackLine, Inc.  was honored yesterday as ‘Change Enablement Champion’ by Kapost (a leading B2B content marketing solution provider) at its 2019 Kapost Customer Awards.  In being named 2019......
Banking Fintech Funding News

InfraRisk Expands Auto Financing Cooperation with Toyota Finance, Taurus Motor Finance

Fintech News Desk
InfraRisk Pty Ltd. , a leading supplier of credit management solutions in Australia, announced it has expanded cooperation in auto financing with Toyota Financial Services to Germany and Austria to facilitate its credit process when lending to dealerships and large fleet customers. Toyota Financial Services is a wholly owned subsidiary of the world’s......
Fintech Funding News

Avianca Holdings Completes Its Financial Reprofiling And Secures USD $375 Million In New Financing

Fintech News Desk
Avianca Informed Today That It Has Successfully Reprofiled Substantially All of Its Debt and Lease Obligations, Consistent With the Financing Plan It Laid out in June of This Year United and Kingsland Have Funded Their Previously-Disclosed USD $250 Million Commitment, Investing in Four-Year Senior Secured Term Loans Which Are Mandatorily......
Fintech Funding News

Crusoe Energy Systems Announces $70 Million in Funding for Expansion of Digital Flare Mitigation Services

Fintech News Desk
Bain Capital Ventures and KCK Group Led the Equity Financing Crusoe Energy Systems, Inc., a technology-driven flare mitigation provider, announced the close of $30 million in equity funding and $40 million in project financing for a combined $70 million in new capital targeting the rapid expansion of Crusoe’s proprietary Digital Flare Mitigationâ„¢ (“DFM”) technology and......
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