Category : Fintech Funding

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......
Fintech Fintech Funding News

Schneider Upgrades Carrier Payment Process With Pairing of TriumphPay and Transflo

Fintech News Desk
by Fintech News Desk0
Implementation of vendor technology expedites payment, improves carrier experience Schneider, a premier provider of trucking, intermodal and logistics services, has implemented more options to improve the carrier experience by adding capabilities from TriumphPay, a payment processing platform for brokers and shippers, and Transflo, a leading business process automation and digital......
Banking Fintech Fintech Funding Investment Services

Plinqit Surpasses $1 Million Saved Since Launch

Fintech News Desk
by Fintech News Desk0
Plinqit, a brandable, savings app and the only savings tool that pays users for engaging with content, continues its growth, exceeding $1 million in total saved by users since launching last year. In a time of economic uncertainty, Plinqit is helping community financial institutions connect with consumers as they learn......
Business Fintech Fintech Funding News

Community Financial Institutions Use Abrigo’s SBA Lending Platform to Submit Nearly 28,000 PPP Loans in Second Round of Funding

Fintech News Desk
by Fintech News Desk0
Community financial institutions (CFI) will use Abrigo’s SBA Lending solution to begin submitting nearly 28,000 Paycheck Protection Program (PPP) applications totaling nearly $3 billion in loans to help small businesses in their communities. Read More: Finhabits Launches Microlearning Journeys to Help Diverse Communities Build Healthy Financial Habits Abrigo, a leading technology provider......
Banking Fintech Fintech Funding News

Wolters Kluwer Recommences Processing US PPP Loan Applications Through Financial Technology Solution

Fintech News Desk
by Fintech News Desk0
Second Round of PPP Enables Wolters Kluwer to Build on Supporting Main Street Business Jobs  Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus™ solution, designed to help banks, credit unions, and other local lenders support small businesses with payroll funding during the COVID-19 crisis, has recommenced processing......
Fintech Fintech Funding News

Wolters Kluwer’s Paycheck Protection Program FinTech Solution Helps Retain 500,000 American Jobs

Fintech News Desk
by Fintech News Desk0
Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus™ financial technology solution, designed to help banks, credit unions, and other lenders support small businesses with payroll funding during the COVID-19 crisis, has so far assisted in PPP loan approvals supporting approximately 500,000 jobs across the U.S. The company......
Capital Markets Fintech Fintech Funding News

AvidXchange Secures Additional $128 Million in Funding, Raising a Total of $388 Million in Latest Financing

Fintech News Desk
by Fintech News Desk0
B2B leader fuels disruption of traditional accounts payable industry and e-payment adoption AvidXchange, the leading provider of accounts payable (AP) and payment automation solutions for the middle market, announced it has raised an additional $128 million in equity capital. This latest financing effort was oversubscribed with a total of more than $388 million raised and......
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