Category : Fintech Funding

Fintech Funding News

The COVID-19 Pandemic Has Motivated A Majority Of Americans To Save Money For The Future

Fintech News Desk
Despite economic challenges, more Americans are likely to save for the future after the global health crisis passes, according to a new survey from DailyPay and Funding Our Future The devastating effects of the COVID-19 pandemic have motivated a majority of Americans to save money for the future, according to......
Fintech Fintech Funding News

TermScout Secures $1.25 Million Seed Funding to Grow Legal Tech Offerings and Sales

Fintech News Desk
TermScout, a legal tech platform developed by lawyers to help legal and sales teams reduce the complexity and time required in the commercial contract review process, announced today that it has closed a $1.25 million Series Seed and a previous $350,000 convertible note funding round for a combined $1.6 million. Read More: Strider Announces John Mullen,......
Fintech Fintech Funding Investment Services News

Injective Protocol Raises $2.6M For Decentralized Derivatives Exchange Protocol

Fintech News Desk
Prominent Institutional Investors Back Decentralized Cryptocurrency Derivatives Exchange Injective Protocol, a fully decentralized derivatives exchange protocol, has raised $2.6 million dollars in a seed funding round led by Pantera Capital with participation from world-renowned institutional investors including QCP’s investment arm QCP Soteria, Axia8 Ventures, and OK’s strategic investment partner K42.......
Fintech Fintech Funding Investment Services News

Remitly Announces $85 Million Round as Digital Remittances Surge Globally

Fintech News Desk
Prosus’s PayU Leads Round at $1.5B Valuation(Remitly ) Remitly, the mobile-first provider of remittances and financial services for immigrants, announced a $85 million funding round to fuel the company’s growth as the global demand for digital remittances continues to surge during the COVID-19 pandemic. The funding will enable Remitly to......
Business Fintech Fintech Funding News

Alchemy Partners with LoanPaymentPro to Provide Real-Time Funding and Payment Solutions

Fintech News Desk
LoanPaymentPro (“LoanPaymentPro”), a leading provider of innovative and technology-driven payment and funding solutions in the debt repayment space, announced its partnership with Alchemy Technologies (“Alchemy), one of the leading SaaS fintech infrastructure development company serving financial institutions, specialty financing companies, Point of Sale financing, online and brick and mortar lenders,......
Fintech Fintech Funding News Trading

First Trust Launches the First Trust Multi-Manager Large Growth ETF

Fintech News Desk
First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new actively managed ETF, the First Trust Multi-Manager Large Growth ETF (NYSE: MMLG) (the “fund”). The fund seeks to provide long-term capital appreciation by using a multi manager approach......
Fintech Fintech Funding Investment Services News

ComplyAdvantage Closes US$50M Series C to Fuel Growth and Expansion in Fight Against Financial Crime

Fintech News Desk
World Leader in Financial Crime Detection Technology Backed by Funding from Ontario Teachers’ Pension Plan Board, Index Ventures, and Balderton Capital ComplyAdvantage, a global technology company transforming financial crime detection, has announced the close of a US$50 million Series C funding round, bringing the total investment to date to US$88M.......
Banking Fintech Fintech Funding News

Thought Machine Announces $125m Series B Funding Round – Driving Continued International and APAC Expansion

Fintech News Desk
Thought Machine, the cloud native core banking technology firm, with its APAC headquarters in Singapore, marks its entrance into the Asia Pacific market by announcing the signing of an additional $42m in funding for its series B round. This round extension will close in early August and is led by......
Blockchain Fintech Fintech Funding News

MG Stover To Utilize Coin Metrics, Offering Clients Secondary Pricing and Validating Internal Controls

Fintech News Desk
MG Stover, the largest digital asset fund administrator, finalized an agreement with Coin Metrics this month, giving clients the option of a trusted secondary pricing source. Read More: A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions MG Stover’s Head of Blockchain and Digital Assets, Seth Altman, says that......
Fintech Fintech Funding Investment Services News

Mediant Announces $18.5 Million Equity Infusion To Support Next Phase Of Growth

Fintech News Desk
Mediant, a leading provider of investor communications technology and technology-enabled solutions to banks, brokers, corporations and funds, has reached an agreement with several of its investors for an $18.5 million equity infusion to fuel the next stage of its strategic growth. Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from......
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