Search Results for: $1 million fund

Wells Fargo Launches $400 Million Small Business Recovery Effort
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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......
DCM Closes $880 Million for Newest Family of Global Funds
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DCM Closes $880 Million for Newest Family of Global Funds

Fintech News Desk
by Fintech News Desk0
DCM, an early-stage global venture capital firm, announced it has closed its largest family of funds to date, totaling $880 million. The committed capital includes $780 million for DCM IX, its largest ever global fund, and $100 million for its third A-fund dedicated to global seed-stage investments. Read More: Strider......
FinTech Company Revenued Announces Acquisition of Sky Bridge Business Funding to Offer Future Business Financing Solutions
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FinTech Company Revenued Announces Acquisition of Sky Bridge Business Funding to Offer Future Business Financing Solutions

Fintech News Desk
by Fintech News Desk0
Revenued, a financial technology company founded in 2018, announced the acquisition of Sky Bridge Business Funding, a small business financing company founded in 2017, to further establish the company’s vision of helping small businesses have access to the tools and solutions needed for growth. Read More: Strider Announces John Mullen,......
Akita Michinoku Capital Says SoftBank-Backed Lemonade Raises $319 Million In U.S. IPO
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Akita Michinoku Capital Says SoftBank-Backed Lemonade Raises $319 Million In U.S. IPO

Fintech News Desk
by Fintech News Desk0
Finance executives at Tokyo-based wealth management company Akita Michinoku Capital have said, online home insurance start-up Lemonade, which is backed by SoftBank Group Corp, is set to raise $319 million in its U.S. initial public offering. Read More: Healthfully and Paya Deliver Expanded Patient Care and Payments Through New Partnership “Lemonade has......
Capital Closes $9 Million Series Seed 2 to Advance The Capital Machine
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Capital Closes $9 Million Series Seed 2 to Advance The Capital Machine

Fintech News Desk
by Fintech News Desk0
Capital, a leading innovator in the emerging category of “capital as a service” (CAAS), announced that it has closed on an additional $9Million in seed funding led by Jerry Yang’s AME Cloud Ventures with participation from Steve Jurvetson’s Future Ventures, Greycroft, Wavemaker Partners, Partech, and renowned angel investors including Rentech and First......
Hi Marley Names Boston Tech Veteran Jonathan Tushman as New Chief Product Officer
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Hi Marley Closes $8 Million Series A1 Preferred Financing to Accelerate Go-to-Market and Product Expansion

Fintech News Desk
by Fintech News Desk0
Hi Marley, the leading communication platform built for insurance, announced it has closed an $8 million A1 round, bringing its total financing to $18.6 Million. The new funding was led by True Ventures and Underscore VC, along with Bain Capital Ventures and Greenspring Associates. The round will be used for building upon Hi Marley’s......
Citizens Deepens Point-of-Sale Financing Offering with Launch of Citizens Pay
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Citizens Announces $10 million Investment to Promote Social Equity and Advance Economic Opportunity in Underserved Communities

Fintech News Desk
by Fintech News Desk0
Citizens Financial Group, announced a $10 million commitment to promote social equity and drive economic advancement in underserved communities. This new investment will harness the bank’s resources, expertise and the unique strengths of its culture to help drive real and lasting progress across the communities it serves. It will build......
Horizon Technology Finance Strengthens Capital Resources with Amendment and Extension of its $100 Million Credit Facility with U.S. Based Insurance Company
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Horizon Technology Finance Strengthens Capital Resources with Amendment and Extension of its $100 Million Credit Facility with U.S. Based Insurance Company

Fintech News Desk
by Fintech News Desk0
 Horizon Technology Finance Corporation, a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced that Horizon Secured Loan Fund I LLC, Horizon’s wholly-owned subsidiary (“HSLF”), has amended......
Celsius Network Secures US$10M Equity Raise with Tether as Lead Investor
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Celsius Network Secures US$10M Equity Raise with Tether as Lead Investor

Fintech News Desk
by Fintech News Desk0
Celsius’s US$30M first equity round has Tether International as a US$10M lead investor at a US$120M pre-money valuation. Celsius Network Limited (“Celsius”) is excited to announce that Tether International Limited (“Tether International”), a member of the Tether group of companies, the largest stablecoin issuer with a 90% market share, is......
RiverFront Investment Group & 55ip Partner to Offer Tax Efficient Investing for ETF Solutions
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BizCapital Raises $12 Million in Financing Round

Fintech News Desk
by Fintech News Desk0
BizCapital, a Brazilian SME online lender has just raised a Series B financing round of $12 million led by the German development finance institution DEG, a subsidiary of  KfW Group, Germany’s promotional bank. The round reinforces investors’ confidence in BizCapital’s ability to innovate in the Latin American credit market amid challenging circumstances caused by......
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