Category : Fintech Funding

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......
Banking Fintech Funding

FINCA Malawi Secures $1.5 Million Loan Facility From BIO

Fintech News Desk
Loan Facility Will Support Lending by FINCA Malawi FINCA Malawi, FINCA Impact Finance’s (FIF) microfinance subsidiary in Malawi, announced that it has secured a $1.5 million USD loan facility with a four-year tenor from the Belgian Investment Company for Developing Countries (BIO). This loan facility marks the inaugural transaction between FIF and BIO......
Banking Fintech Funding News

Farmer Mac Names Aparna Ramesh as EVP – Chief Financial Officer and Treasurer

Fintech News Desk
The Federal Agricultural Mortgage Corporation , the nation’s secondary market provider that increases the availability and affordability of credit for the benefit of rural America, announced the selection of Aparna Ramesh as its Executive Vice President – Chief Financial Officer and Treasurer, starting January 6, 2020. Ms. Ramesh joins Farmer Mac with......
Banking Fintech Funding News

Folio Financial Among Benzinga Top Fintech Listmakers in the “Best Robo-Advisor” Category

Fintech News Desk
Folio Financial announced that it has been chosen as a  Benzinga Top Fintech Listmaker in the “Best Robo-Advisor” category for its Digital Wealth Platform. This award recognizes “organizations in the FinTech space who are moving the needle on financial wellness innovation.” The four other finalists in the category were Charles Schwab, Betterment, Wealthfront,......
Fintech Funding Fintech Startups News

Rebel Raises USD $10 Million in Funding to Offer Consumers Affordable Credit

Fintech News Desk
Investment Round Includes Monashees and Global Venture Investor FinTech Collective Rebel, a digital consumer finance startup that offers middle-class Brazilians access to unsecured credit at affordable rates, has raised USD $10 million in new equity funding. This funding round comes one year after having raised USD $4 million from XP and others. Participants in......
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