Category : Fintech Funding

Business Fintech Fintech Funding News

SVB Financial Group Announces Latin America Growth Lending Fund with Partners for Growth and IDB Invest

Fintech News Desk
by Fintech News Desk0
SVB Financial Group announced the close of the Latin America Growth Lending Fund, a new $30 million venture and growth debt fund with Partners for Growth (PFG) and IDB Invest. The Fund aims to unlock innovation by providing capital to help emerging growth companies across Latin America and the Caribbean scale operations. Read More: GIACT Donates......
Fintech Fintech Funding News

GIACT Donates Identity and Account Verification Services to the Brave of Heart Fund, Supporting Families of Frontline Healthcare Workers and Volunteers

Fintech News Desk
by Fintech News Desk0
GIACT, the leader in helping companies positively identify and authenticate customers, announced the donation of its identity and account verification services to the Brave of Heart Fund. Created by the Foundations of New York Life and Cigna, the Fund provides charitable financial and emotional support to the families of frontline......
Fintech Fintech Funding News

Imperium Group On How Real Estate startup Nada is Growing Fast and Raising $2M

Fintech News Desk
by Fintech News Desk0
Fast-growing real estate technology startup, Nada, has just launched their $2mm seed-round of fundraising. Based in Dallas, one of the hottest real estate markets in the nation, Nada opened their doors in 2018 with a mission to empower homeowners to buy and sell their home online while paying $0 (nada). The......
Featured Fintech Fintech Funding Fintech Startups

European FinTech Unicorns to Watch Out For, and Why!

Fintech News Desk
by Fintech News Desk0
Europe has always been a financial powerhouse, and its stature in the global economy is affirmed by the fact that 12% of 421 unicorns globally are established in Europe. A large number of these unicorns are engaged in the Fintech Industry. European FinTech Unicorns are private technology companies that have......
Business Capital Markets Fintech Fintech Funding Investment Services News

TrueBridge Capital Partners Raises $600 Million for Sixth Venture Capital Fund-of-Funds

Fintech News Desk
by Fintech News Desk0
Venture capital investment firm TrueBridge Capital Partners announced the close of its sixth venture capital fund-of-funds, TrueBridge Capital Partners Fund VI, L.P. (“Fund VI”) with $600 million in limited partner commitments. With this latest fund, TrueBridge surpasses its previous fund of $450 million and now manages over $3.3 billion in assets. Read More: Strider Announces......
Fintech Fintech Funding News

PCS Retirement Launches PCS Community Cares Fund

Fintech News Desk
by Fintech News Desk0
In light of the unprecedented disruption to lives and livelihoods due to the Coronavirus pandemic, PCS Retirement and its affiliated companies, Aspire Financial Services, The Advisor Lab, Advisor Trust, Fiduciary Advisors and Efficient Advisors have created the PCS Community Cares Fund to help the communities in which we live, work......
Fintech Fintech Funding News

Sallie Mae Awards $100,000 to Help High School and College Graduates Fund Their Futures

Fintech News Desk
by Fintech News Desk0
Sallie Mae surprised four high school and college graduates with $25,000 through the company’s “Funded Futures” Contest. The company launched the competition during the Her Campus #ImStillGraduating Class of 2020 virtual graduation last month. Read More: GlobalFintechSeries Interview with Christian Spaltenstein, Managing Director – Americas at AFEX “Without financial worries......
Fintech Fintech Funding News

US Private Equity Activity Slows in Q2 2020 As Global Economies Struggle Through COVID-19 Pandemic

Fintech News Desk
by Fintech News Desk0
PitchBook, the premier data provider for the private and public equity markets, today released its 2Q 2020 US Private Equity Breakdown, which found the velocity of US PE investment activity further diminished in Q2 2020 as dealmakers felt the impact of the coronavirus pandemic. In fact, many GPs sought to pull......
Fintech Fintech Funding Mobile Banking News

Wells Fargo Launches $400 Million Small Business Recovery Effort

Fintech News Desk
by Fintech News Desk0
Following an April 2020 industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing COVID-19 pandemic keep their doors open, retain employees, and rebuild. Through Wells Fargo’s new Open for Business......
Fintech Fintech Funding InsurTech News

Insurtech Company, Foxquilt, Receives $3.5M Seed Round to Continue Supporting Small Businesses With Smarter Insurance Through COVID-19

Fintech News Desk
by Fintech News Desk0
Foxquilt, a leading Insurance Technology company, announced it has raised $3.5M in seed funding. The COVID-19 crisis has illuminated the value of community and accelerated the need for businesses to adopt digital solutions, transcend innovative offerings and empower their customers. Foxquilt is using their recent $3.5M seed round to continue innovating technology and data science......
1