Category : Fintech Funding

Fintech Fintech Funding Fintech Startups News

Atlanta-Based Fintech Startup Closes $1.1M to Enable Greater Generosity for Donors and Nonprofits

Fintech News Desk
by Fintech News Desk0
Vennfi, the financial technology company for tax-exempt payments, announced that it closed a pre-seed funding round of $1.1M, composed of a diverse set of seasoned private investors. It will use the investment to expand the platform’s capabilities and increase its growth. Read More: GlobalFintechSeries Interview with Robin Gregg, CEO at RoadSync......
Fintech Fintech Funding Investment Services News

Featurespace Raises £30 Million to Drive Growth

Fintech News Desk
by Fintech News Desk0
Featurespace, the leading provider of Adaptive Behavioral Analytics software for enterprise financial crime prevention, has raised £30 million ($37.4 million) from a funding round led by Merian Chrysalis Investment Company Limited. Read More: Strider Announces John Mullen, Former Assistant Director of CIA, Joins Company as Advisor Featurespace, which provides enterprise......
Capital Markets Fintech Fintech Funding News

Stenn Closes New $200 Million Programme to Expand Digital Trade Finance Services

Fintech News Desk
by Fintech News Desk0
Stenn International Ltd., a data and financial technology company that delivers innovative online solutions for buyers and sellers in the global supply chains, announced that it has closed a new $200 million financing facility from Crayhill Capital Management LP (“Crayhill”), a New York-based private credit manager and asset-based lender. The facility complements Stenn’s existing award-winning......
Banking Fintech Fintech Funding News

Comerica Bank Processed Approximately 13,000 Paycheck Protection Program Loan Applications for Customers, Funding of $4.1 Billion

Fintech News Desk
by Fintech News Desk0
Commits Additional $4 Million to Community Nonprofits Comerica Bank announces that it has processed and submitted approximately 13,000 Paycheck Protection Program (PPP) loan applications, all of which have been approved by the U.S. Small Business Administration (SBA). Currently, the total loans expected to be funded stands at $4.1 billion, with......
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......
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