Search Results for: $1 million fund

Brazilian Fintech RecargaPay Raises $70 Million Series C Round
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Brazilian Fintech RecargaPay Raises $70 Million Series C Round

Fintech News Desk
IDC Ventures and Fuel Venture Capital co-led the round RecargaPay, Brazil’s largest payments and mobile money ecosystem, has raised $70 million to further enhance its all-inclusive payment platform, democratizing access to digital financial services for millions of new users. Currently EBITDA positive and with a revenue run rate of over USD$50 million, RecargaPay has raised over $100 million to date.......
Varo Bank Introduces Varo Believe, a New and Better Way for Millions of Americans to Build Credit
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Varo Bank Introduces Varo Believe, a New and Better Way for Millions of Americans to Build Credit

Fintech News Desk
The Varo Believe Program is a unique credit card for building credit that has no upfront security deposit, no monthly fees, and no APR Varo Bank, the first all-digital nationally chartered bank in the US, today introduced the Varo Believe Program*, an innovative credit building product that includes a Visa......
Biggest Fintech Mergers and Funding News from Jan 2021
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Biggest Fintech Mergers and Funding News from Jan 2021

Fintech News Desk
Where 2020 was not a good year for most industries, the Fintech market marked a high growth curve as businesses, process, and even daily lives went virtual. In the absence of physical contacts, individuals relied heavily on the virtual services to disburse and access funds. This is where Fintech solutions......
OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation
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OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation

Fintech News Desk
Growth equity raised demonstrates expanding market for smarter ways to build modern applications. Abdiel Capital, Tiger Global join Goldman Sachs, KKR, Guidepost Growth Equity, and Armilar Venture Partners in recognizing unique opportunity. OutSystems, the leading modern application platform, today announced a $150 million capital raise. The round, co-led by Abdiel......
ETHA Lend Closes A $1.6 Million Funding Round – Creating A Novel Yield Optimizer for The Masses
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Payment Technology Platform “Promise” Completes Its Series A, Bringing Total Raise To Over $30 Million

Fintech News Desk
Payment technology platform, Promise, has announced over $20 Million in new Series A funding to bring antiquated government payment systems into the 21st century. The modern payment solution helps residents navigate government payments like utilities, child support, parking tickets, and more with dignity and ease by making customizable plans and digital payment......
NBA MVP Russell Westbrook Leads $63 Million Strategic Investment in Varo Bank
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NBA MVP Russell Westbrook Leads $63 Million Strategic Investment in Varo Bank

Fintech News Desk
Russell Westbrook will help co-create a new impact platform aimed at underserved communities for the country’s only social-impact focused national digital bank  Varo Bank, America’s first all-digital nationally chartered bank, today announced an extensive engagement with Russell Westbrook, nine time NBA All-Star, NBA MVP, entrepreneur, philanthropist, and designer. Mr. Westbrook joins......
Boast.AI Secures $100M to Fuel R&D Tax Credit-Based Financing for Startups
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Boast.AI Secures $100M to Fuel R&D Tax Credit-Based Financing for Startups

Fintech News Desk
Boast.ai, a software innovator whose flagship product automates the complex process of applying for R&D tax credits, has secured a $100 million credit facility from Brevet Capital, a leading alternative credit investment and specialty finance firm, to launch an innovative financing platform enabling startups to receive cash advances on R&D tax credits......
Concordia Ventures: Early Stage Tech Startups Find a Funding Solution With Crypto Investors
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Concordia Ventures: Early Stage Tech Startups Find a Funding Solution With Crypto Investors

Fintech News Desk
Concordia Ventures is the leading pioneer in cryptocurrency-based where the integration of crypto payment options is provided to customers in our one-stop platform Crypto has been making waves over the past week, with Bitcoin setting a new record after Tesla announced they had purchased $1.5B worth of BTC. As a......
Public.com Announces $220 Million in Series D Funding
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Public.com Announces $220 Million in Series D Funding

Fintech News Desk
Investing Social Network Reaches One Million Members Public.com, the investing social network, announced that it has raised $220 million in Series D funding from existing investors Accel, Greycroft, and Lakestar, as well as Intuition Capital, Tiger Global, The Chainsmokers’ Mantis VC, Will Smith’s Dreamers VC, Inspired Capital, Aglae Ventures, and......
Financial Health Startup SeedFi Launches And Announces $65 Million In Funding To Help Underserved Americans Build Credit and Savings To Accelerate Their Economic Progress
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Financial Health Startup SeedFi Launches And Announces $65 Million In Funding To Help Underserved Americans Build Credit and Savings To Accelerate Their Economic Progress

Fintech News Desk
Andreessen Horowitz General Partner Angela Strange Joins Board of Fintech Company After Leading Series A Round SeedFi, the financial health startup helping Americans build credit, save money, access funds, and plan for the future, launched today and announced it has raised $65 million in funding, including $15 million in equity......
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