Search Results for: legacy

Mercato Partners Traverse Fund Invests in Financial Technology Leader Prime Trust
Digital Wallet Fintech News

Mercato Partners Traverse Fund Invests in Financial Technology Leader Prime Trust

Fintech News Desk
by Fintech News Desk0
Traverse Fund III leads $64M Series A in Prime Trust, the Leading Provider of Financial Infrastructure for Cryptocurrency Transactions and Digital Asset Exchanges Mercato Partners’ growth equity fund, Traverse, announced its investment in Prime Trust, a leader in financial infrastructure for fintechs. Based in Las Vegas, Nevada, Prime Trust is a......
Only 3% of Financial Services Firms Ready for Open Banking Deadline
Banking Finance News

Only 3% of Financial Services Firms Ready for Open Banking Deadline

Chandni Maske
by Chandni Maske0
Data Privacy Challenges Blocking Open Banking Adoption for Business Growth, Innovation Only 3% of financial services (FS) organisations are confident they are prepared for the next major Open Banking enforcement deadline, due in September 2021, according to new research from Delphix, the industry leading data company for DevOps. The study – carried out......
Israeli FinTech is Booming: H1/2021 Investments Climb by 260% Compared to H1/2020
Fintech News

Israeli FinTech is Booming: H1/2021 Investments climb by 260% compared to H1/2020

Fintech News Desk
by Fintech News Desk0
· VC funding hits $2.3B in the first half of 2021, surpassing the 2020 full year total by 28% · FinTech sector figures suggest 2021 will easily overtake 2020 in the number of funding rounds, mega-rounds, acquisitions, and IPOs · Demand for payment solutions grew to 35% of Israeli FinTech......
Sila Secures $13 Million in Series A Funding Led by Revolution Ventures
Digital Asset Management Digital Payments Fintech News

Sila Secures $13 Million in Series A Funding Led by Revolution Ventures

Fintech News Desk
by Fintech News Desk0
Hundreds of new customers chose Sila Money API in the last 18 months Sila, an API platform that provides payment infrastructure as a service while ensuring regulatory compliance, announced $13M in Series A funding led by Revolution Ventures, bringing total funding to over $20M. Existing investors, Madrona Venture Group, Oregon Venture Fund,......
PayBito Installs Adverse Internet KYC/AML Investigation System
Cryptocurrency News

PayBito Installs Adverse Internet KYC/AML Investigation System

Fintech News Desk
by Fintech News Desk0
Global virtual currency exchange, PayBito to reinforce their KYC/AML investigation through their new SaaS project. The new project is developed by the research and development wing and uses automation, advanced AI, machine learning, and Natural Language Processing algorithms. This adverse internet research platform analyzes over 40 million news feeds across 15 languages to sort......
Paystand Raises $50 Million Series C to Build the Future of Commercial Finance
Blockchain DeFi News

Paystand Raises $50 Million Series C to Build the Future of Commercial Finance

Fintech News Desk
by Fintech News Desk0
Paystand, the blockchain-enabled payment network for business, announced its $50 million Series C round of funding led by NewView Capital with participation from SoftBank’s Opportunity Fund, King River Capital, Industrious Ventures, and Transform Capital. This new round nearly doubles the funding Paystand raised in prior rounds and reflects the company’s......
Everything Blockchain Joins Overwatch Partners Taking Lead Position in Ethereum Fork - PulseChain
Blockchain Cryptocurrency News

Everything Blockchain Joins Overwatch Partners Taking Lead Position in Ethereum Fork – PulseChain

Fintech News Desk
by Fintech News Desk0
Everything Blockchain to be First in History to Publicly Display Blockchain Wallet Content of PulseChain Everything Blockchain, Inc.,, an advanced software architecture, development and services company specializing in blockchain technologies and decentralized processing, announced that it has joined with Overwatch Partners, Inc., the Company’s largest shareholder, to take the lead......
Zoom to Acquire Five9
Banking Cloud Finance News

Zoom to Acquire Five9 for $14.7 Billion to Reimagine Intelligent Cloud Contact Center

Fintech News Desk
by Fintech News Desk0
The combination of Zoom’s robust communications platform with Five9’s intelligent cloud contact center will enable organizations to reimagine the way they engage with their customers Zoom Video Communications, Inc. announced it has entered into a definitive agreement to acquire Five9, Inc., a leading provider of the intelligent cloud contact center,......
Kin, the Only Pure-Play Direct-to-Consumer Home Insurance Technology Company, to Go Public
InsurTech News

Kin, the Only Pure-Play Direct-to-Consumer Home Insurance Technology Company, to Go Public

Fintech News Desk
by Fintech News Desk0
Kin Insurance, Inc. and Omnichannel Acquisition Corp. (NYSE: OCA) Enter Into Business Combination Agreement; Transaction Implies An Approximate $1.03 Billion Combined Company Pro Forma Enterprise Value Kin Also Announces Plans for National Expansion; Signs Agreement to Acquire Inactive Insurance Carrier with Licenses in More than 40 States Kin’s Proprietary Technology......
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