Search Results for: $1 million fund

Computer Guidance Corporation and Nvoicepay™ Execute Partnership Agreement Delivering Integrated Payment Automation Solutions for Commercial Contractors
Artificial Intelligence Fintech News

MAS Commits S$250 Million to Accelerate Innovation and Technology Adoption in Financial Sector

Fintech News Desk
by Fintech News Desk0
The Monetary Authority of Singapore (MAS)  announced that it will commit S$250 million over the next three years under the enhanced Financial Sector Technology and Innovation Scheme (FSTI 2.0) to accelerate technology and innovation-driven growth in the financial sector. FSTI 2.0 also aims to strengthen support for large-scale innovation projects,......
24 Exchange Expands its Board of Directors and Creates New Advisory Board
News Trading

24 Exchange Tops $100 Million Average Daily Volume in FX NDFs

Fintech News Desk
by Fintech News Desk0
24 Exchange, a multi-asset class, 24-hour trading platform, has reached an average daily volume of $100 Million in FX NDFs and become a must-access venue for the asset class. In addition, J.P. Morgan began actively trading FX NDFs on the 24 Exchange platform on Day 1 of operation in December of 2019 and remains one of the most active dealers on the platform. Read......
Bridge Financial Technology Expands Leadership Team, Names Industry Veteran Christopher Haley as Board Chairman
Business Fintech Fintech Funding News

SMBX Announces Funding To Usher In A New Era In Finance

Fintech News Desk
by Fintech News Desk0
Two new bond offerings accompany the funding, enabling small businesses to raise capital from their communities and, in turn, provide a meaningful return back to those investors. SMBX, a marketplace connecting successful small businesses with everyday investors through small business bonds available via its app and website, announced that it......
Skan Secures $14 Million Series A to Expand AI-Driven Process Discovery to Enable the Digital Transformation of the Enterprise
Fintech Fintech Funding News

Blend Raises $75M at Nearly $1.7B Valuation

Fintech News Desk
by Fintech News Desk0
Led by Canapi Ventures, new investment will boost Blend’s work to help financial institutions offer better lending experiences Blend, a leader in digital lending solutions, announced it has secured $75 million in Series F funding led by Canapi Ventures, a fintech-focused venture capital firm backed by major banks and financial institutions. This capital......
Fintech News

ClassWallet Awarded Contract by State of Oklahoma to Distribute Federal Funds Supporting Private School Tuition and Educational Needs of Low-Income Families During COVID-19

Fintech News Desk
by Fintech News Desk0
ClassWallet has been awarded a contract from the office of Oklahoma Governor Kevin Stitt to implement its innovative fintech platform to help distribute $18 million in federal funds to support the private school tuition and educational resource needs of low-income families during the COVID-19 crisis. ClassWallet will support in the administration of two specific education initiatives designed......
Sift Healthcare Secures $2.8 Million in Funding
Artificial Intelligence Fintech Fintech Funding Investment Services News

Sift Healthcare Secures $2.8 Million in Funding

Fintech News Desk
by Fintech News Desk0
Financing to fund growth of Sift’s data science team and drive accelerated product development(Sift ). Sift Healthcare, a Milwaukee-based data science and analytics company that brings AI to healthcare payments, has announced $2.8 Million in new funding. $1.875 Million of this funding is new equity from investors that include Rock River Capital Partners and the......
Schwab 401(k) Survey Finds Savings Goals and Stress Levels on the Rise – Participants Now Believe They Need to Save $1.9 Million for Retirement
Fintech News

Schwab 401(k) Survey Finds Savings Goals and Stress Levels on the Rise – Participants Now Believe They Need to Save $1.9 Million for Retirement

Fintech News Desk
by Fintech News Desk0
Anxiety about long-term retirement savings is up according to a new survey from Schwab Retirement Plan Services, and so is participant engagement. The nationwide survey of 1,000 currently employed 401(k) plan participants finds that saving enough for a comfortable retirement continues to be their leading source of significant financial stress.......
Morgan Stanley Awards $5 Million to Opportunity Finance Network to Support Equitable COVID-19 Recovery in Underserved Communities
Fintech News

Morgan Stanley Awards $5 Million to Opportunity Finance Network to Support Equitable COVID-19 Recovery in Underserved Communities

Fintech News Desk
by Fintech News Desk0
Funds will pass through eligible CDFIs — financial first responders — with less than $20M in assets Morgan Stanley and Opportunity Finance Network (OFN) announced Morgan Stanley has awarded $5 million in funding to OFN for pass-through grants of approximately $50,000 – $150,000 to eligible community development financial institutions (CDFIs)......
Remitly Announces $85 Million Round as Digital Remittances Surge Globally
Fintech Fintech Funding Investment Services News

Remitly Announces $85 Million Round as Digital Remittances Surge Globally

Fintech News Desk
by Fintech News Desk0
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......
Banking Economy Fintech News

Wells Fargo Pledges up to $20 Million to Support New York Economic Recovery Efforts

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that it pledged up to $20 million to support the New York Forward Loan Fund (NYFLF), an economic revitalization program across New York State. Initiated by New York Governor Andrew Cuomo, NYFLF is aimed at helping small businesses, nonprofits, and small landlords as they......
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