Category : Fintech Funding

Fintech Funding News

Pivotal Capital Secures $55 Million in Funding Facilties

Fintech News Desk
by Fintech News Desk0
Axis Auto Finance Inc. a fintech lender servicing the alternative auto finance market, announced today that its wholly owned subsidiary, Pivotal Capital Corp. (“Pivotal”) has secured an additional Funding Facility (the “Facility”) with Mitsubishi HC Capital Canada, Inc. (“MHCCA”). Latest Fintech News: FinTech Industry Veteran Joins Leading Alternative Data Firm......
Fintech Funding News

Arab Fund for Economic and Social Development Names Northern Trust Its Asset Servicing Provider

Fintech News Desk
by Fintech News Desk0
Northern Trust announced it has been appointed by Arab Fund for Economic and Social Development (AFESD) to provide a range of asset servicing solutions spanning global custody, financial reporting, securities finance, private equity administration, performance measurement and compliance monitoring. Latest Fintech News: Riskified and Axerve Help KIKO Milano Boost Cart Conversions......
Fintech Funding News

Community Reinvestment Fund, USA Announces CEO Transition

Fintech News Desk
by Fintech News Desk0
Community Reinvestment Fund, USA (CRF), a national, non-profit Community Development Financial Institution (CDFI) with a mission to improve lives and strengthen communities through innovative financial solutions announced that Frank Altman will retire as chief executive officer of CRF after co-founding the organization and providing more than 35 years of service. Altman......
Fintech Funding News

Enova Increases Funding Capacity by $550 Million with Recent Transactions

Fintech News Desk
by Fintech News Desk0
Enova International a leading financial technology company powered by machine learning and artificial intelligence, announced today that during June the company closed $550 million of additional funding capacity.  A new two-year $420 million small business securitization warehouse with two new bank lenders was priced at 271 basis points over the applicable base index and will support funding small......
Fintech Funding News

Funding Circle, DreamSpring Partner to Increase Access to Capital for Small Business Owners in Underserved Communities

Fintech News Desk
by Fintech News Desk0
Online lending platform’s lending-as-a-service program expands nonprofit community development financial institution’s equitable lending reach and impact Funding Circle, one of the nation’s leading online small business loans platforms, and DreamSpring, a nonprofit community development financial institution (CDFI) with nearly 30 years of experience in community lending, have launched a new partnership......
Fintech Funding News

Oxford Quantum Circuits raises £38 million Series A to accelerate R&D and expand into APAC

Fintech News Desk
by Fintech News Desk0
Oxford Quantum Circuits (OQC), Europe’s leading quantum computing company, announced raising £38 million (US $46.45 million) in the first close of an on-going Series A. The investment is the UK’s largest ever Series A in quantum computing and will accelerate research and development and fuel expansion in Asia-Pacific. The round......
Fintech Funding News

Swiss Startup Numarics Secures Leading Position In European FinTech With Strategic CHF 2 Mio Funding

Fintech News Desk
by Fintech News Desk0
Swiss fintech startup Numarics is on its way to becoming the standard for state-of-the-art financial management and accounting for creators and small and medium-sized enterprises in Europe. Recently, two renowned venture capital funds stepped in to finance the expansion of the team, product and distribution. For the first financing round,......
Finance Fintech Funding News

OppZo Raises $260 Million in Funding to Drive Capital to Distressed Communities

Fintech News Desk
by Fintech News Desk0
Funding backed by Arcadia Funds OppZo, Inc. a mission driven financial technology company focused on unlocking access to capital for small and medium sized businesses, announces over $260M in debt and equity funding. The equity portion of the funding, worth $5M, was led by Arcadia Funds, LLC. The debt portion of the funding,......
Fintech Funding News

DataArt Secures $75 Million Growth Investment from FTV Capital to Further Expand Global Reach

Fintech News Desk
by Fintech News Desk0
Investment to bolster DataArt’s position as go-to provider for innovative enterprise software development, following record business growth and expanded global delivery platform DataArt, a global software engineering firm, announced that it has secured a $75 million minority growth investment from FTV Capital, a leading growth equity investment firm with over......
Fintech Funding Investment Services News

American Century Investments Selects Marstone to Provide Digital Wealth Management Platform for New and Existing End Clients

Fintech News Desk
by Fintech News Desk0
Digital advice services will now complement American Century’s robust investment offerings of mutual funds, ETFs, advisor-led portfolios and other investment solutions Marstone, Inc., a leading digital wealth technology firm, announced a commercial relationship with American Century Investments, the $230 billion* global asset manager, providing clients with Marstone’s digital wealth management......
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