Category : Fintech Funding

Business Fintech Fintech Funding News

FPL Technologies secures $10 million Series A funding from Sequoia India, Matrix Partners India, and Hummingbird

Fintech News Desk
by Fintech News Desk0
 FPL Technologies announced a $10 million Series A financing round with participation from Sequoia India, Matrix Partners India, Hummingbird Ventures, and a number of reputed angel investors. The company has also announced the launch of their mobile-first credit card, OneCard. In an industry-first, a user can easily apply for OneCard......
Business Cryptocurrency Fintech Fintech Funding News

Switzerland-based Bitcoin SV Payments Processor Centi Announces that it has Closed its First Funding Round

Fintech News Desk
by Fintech News Desk0
 Centi, the Switzerland-based Bitcoin SV payments processor, announces that it has closed its first funding round headlined by Dr. Jürg Conzett, founder of Zurich’s MoneyMuseum & technology entrepreneur Calvin Ayre, founder of the Ayre Group and CoinGeek. Founded by long-time Bitcoin advocate Bernhard Müller, Centi is a system that enables merchants to accept......
Fintech Fintech Funding Investment Services News

GrayQuest Raises $1.2 million in Pre-Series A funding Led by Foundation Holdings

Fintech News Desk
by Fintech News Desk0
 GrayQuest, an education-focused fintech company, has raised $1.2 million in Pre-Series A funding led by Foundation Holdings, a strategic global investment firm to increase access to affordable education in India. GrayQuest enables parents to pay their annual education fees in up to 12 monthly instalments – without incurring any extra cost......
Fintech Fintech Funding Investment Services News

Barclays Launches Systematic Study of ESG-Focussed US Equity Funds

Fintech News Desk
by Fintech News Desk0
ESG-focussed mutual funds are attracting large inflows, but fundamental challenges remain in defining what constitutes an ESG-labelled equity fund. In a systematic study of US equity funds, Barclays Quantitative Portfolio Strategy (“QPS”) team finds that ESG-labelled funds do not necessarily provide more ESG exposure than conventional funds. Read More: Curb Debuts......
Business Fintech Fintech Funding News

SMBX Announces Funding To Usher In A New Era In Finance

Fintech News Desk
by Fintech News Desk0
Two new bond offerings accompany the funding, enabling small businesses to raise capital from their communities and, in turn, provide a meaningful return back to those investors. SMBX, a marketplace connecting successful small businesses with everyday investors through small business bonds available via its app and website, announced that it......
Blockchain Fintech Fintech Funding Investment Services News

Akemona Receives Regulatory Approval as the First Smart Contract-Based Funding Portal on Blockchain

Fintech News Desk
by Fintech News Desk0
Akemona, a pioneer in digital securities, announced that it has registered with the US Securities and Exchange Commission (SEC) and is now a member of the Financial Industry Regulatory Authority (FINRA) under section 3(h) of the Securities Exchange Act of 1934 and the corresponding SEC rules, popularly known as Regulation......
Fintech Fintech Funding News

Vitesse, a Fintech Providing Real-Time Cross-Border Payments for Businesses, Scores £6.6m Series A

Fintech News Desk
by Fintech News Desk0
Vitesse, the London-based fintech that offers real-time cross-border payments for businesses, has raised £6.6 million in Series A funding. The round is led by Octopus Ventures, with participation from existing backers, including Hoxton Ventures and various angel investors. Read More: Hummingbird Raises $8.2M To Automate Financial Compliance Technology The company says the......
Fintech Fintech Funding News

Habito, UK’s Digital Mortgage Broker, Secures £5.5m in Series A funding

Fintech News Desk
by Fintech News Desk0
habito, the UK’s digital mortgage broker, has raised £5.5m in Series A funding led by Silicon Valley-based Ribbit Capital, with participation from existing investor Mosaic Ventures. Habito plans to use the new investment to accelerate its rapid growth, enhance the technology behind its award-winning service and transform the outdated mortgage......
Artificial Intelligence Fintech Fintech Funding News

Hedge Funds Must Embrace AI or Die

Fintech News Desk
by Fintech News Desk0
Renaissance Technologies famed hedge fund, Medallion, along with other AI-driven funds including Citadel, D.E. Shaw and Two Sigma, are on the verge of facing off against a new generational hedge fund fueled by the latest AI technologies with one key difference: a 100 percent model-driven, alpha-learning, AI algorithm designed to......
Fintech Fintech Funding News

Blend Raises $75M at Nearly $1.7B Valuation

Fintech News Desk
by Fintech News Desk0
Led by Canapi Ventures, new investment will boost Blend’s work to help financial institutions offer better lending experiences Blend, a leader in digital lending solutions, announced it has secured $75 million in Series F funding led by Canapi Ventures, a fintech-focused venture capital firm backed by major banks and financial institutions. This capital......
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