Search Results for: venture capital funding

Mountain Province Diamonds Provides Additional Detail on Proposed New Financing Arrangement
Finance News

Mountain Province Diamonds Provides Additional Detail on Proposed New Financing Arrangement

Fintech News Desk
Mountain Province Diamonds Inc. is pleased to announce further details regarding its proposed financing arrangement involving its largest shareholder, Mr. Dermot Desmond. While the arrangements are non-binding, Mountain Province is working with its largest shareholder, Mr. Dermot Desmond, to reach binding agreements in early 2022. The Proposed Arrangement is subject to, among other things, finalization......
Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation
Banking News

Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation

Fintech News Desk
Mercantile Bank Corporation’s subsidiary bank Mercantile Bank of Michigan announced that it has formed The Mercantile Bank Foundation, a private charitable foundation to fund and administer Mercantile Bank’s charitable giving activities. In conjunction with the formation, Mercantile Bank is making a $4.0 million initial capital contribution, which will be recorded as noninterest expense during......
OZ Growth Fund Launches Seeking Accredited Investors for Opportunity Zone Real Estate and Innovative Technology
Fintech Funding Investment Services News

OZ Growth Fund Launches Seeking Accredited Investors for Opportunity Zone Real Estate and Innovative Technology

Fintech News Desk
The Fund is raising a Series A Round of $20,000,000 OZ Growth Fund launches seeking accredited investors for Opportunity Zone Real Estate and Innovative Technology. The Fund is raising a Series A round of $20,000,000. Executive Summary The OZ Growth Fund supports its portfolio companies in need of capital raising strategic advice and......
Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments
Finance Fintech News

Team8 Group Bolsters C-suite with Two New Partners & CTO Appointments

Fintech News Desk
Seasoned finance leader, Roy Heldshtein, joins as Managing Partner and Chief of Operations; VP Business Dev & Operations at Team8 Fintech, Galia Beer-Gabel, announced as Partner; Co-founder of ClearX, Gal Hochberg, has been appointed as group’s CTO Team8, a global venture group, announced the appointment of former VP of Finance......
Multiply Group to Invest $75 Million in Additional Pipe Investment in Connection With Getty Images’ Business Combination
Investment Services News

Multiply Group to Invest $75 Million in Additional PIPE Investment in Connection With Getty Images’ Business Combination

Fintech News Desk
Tech-focused holding company signs binding commitment to invest at $10 per share, on the same terms as the existing $150 million PIPE committed in the aggregate by a CC Neuberger affiliate and by the Getty Family, bringing total anticipated PIPE proceeds to $225 million Tech-focused holding company Multiply Group and......
Cherry Raises $2.9 Million in Private Round Ahead of Their Public Token Sale on Dec 21
Fintech Funding News

Cherry Raises $2.9 Million in Private Round Ahead of Their Public Token Sale

Fintech News Desk
The Cherry Project recently announced the successful completion of its private token sale. The funding round raised a total of $2.9 million, securing investments from some of the leading brands in the cryptocurrency industry. This funding, alongside the capital raised from the upcoming public token sale, will equip the project with the......
Paylend, a Kenyan FinTech Company Raises $2 Million Seed Investment From Next Chymia Consulting HK Limited
Fintech Investment Services News

Paylend Raises $2 Million Seed Investment From Next Chymia Consulting

Fintech News Desk
This investment will help Paylend grow its operation in the Kenyan market and open new markets in Tanzania, Zambia and Nigeria as part of its next 3 years growth plan Paylend, a Kenyan FinTech startup focused on providing access to finance and digitizing MSMEs in Kenya have announced that it......
Figment Accelerates its Leadership Position in Web 3 with $110 Million Series C Fundraise
Blockchain News

Figment Accelerates its Leadership Position in Web 3 with $110 Million Series C Fundraise

Fintech News Desk
Leading Software Investor Thoma Bravo Leads Fundraise at $1.4 Billion Post-Money Valuation to Further Figment’s Mission to Build a Better Internet Figment, one of the world’s largest blockchain infrastructure and services providers, announced a $110 million Series C fundraise at a $1.4 billion post-money valuation. The funding round was led......
Taptap Send Raises $65 Million Series B to Expand Cross-Border Fintech Platform
Fintech News

Taptap Send Raises $65 Million Series B to Expand Cross-Border Fintech Platform

Fintech News Desk
Spark Capital leads new round to fuel expansion of mobile cross-border financial flows, benefiting those who need it most Taptap Send, a community focused cross-border financial platform, announced a $65M Series B funding round led by Spark Capital, with participation from Unbound and previous leads Reid Hoffman and Canaan Partners,......
Bureau Unveils Secure Transactions for Global Emerging Markets with Easy ID Verification and Guaranteed Fraud Protection
Fintech Funding News

Bureau Unveils Secure Transactions for Global Emerging Markets with Easy ID Verification and Guaranteed Fraud Protection

Fintech News Desk
Launches with Quona-Led $12M Series A Funding, Major Fintech and Merchant Customers, and 12 Million Verified Identities Bureau announced it has raised US $12 million in Series A funding to usher in a new era of frictionless transactions via its identity and fraud detection technology, which delivers unprecedented trust and......
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