Search Results for: working capital

XREX Raises $17 Million to Expand Fiat Currency Portfolio and Partnerships
Digital Wallet Fintech News

XREX Raises $17 Million to Expand Fiat Currency Portfolio and Partnerships

Fintech News Desk
by Fintech News Desk0
 XREX, a crypto-fiat fintech company driving financial inclusion via blockchain, closed its $17 million Pre-A round, which was oversubscribed by 200%. XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial institutions and digital wallets. Co-founded by Wayne Huang(right) and Winston Hsiao(left), crypto-fiat......
Full-service, Black-owned Bank to Open Twin Cities Branch
Banking Fintech News

Full-service, Black-owned Bank to Open Twin Cities Branch

Fintech News Desk
by Fintech News Desk0
Five banks with Twin Cities operations will support Detroit-based First Independence Bank’s entry into the region Detroit-based First Independence Bank, one of only 18 Black-owned full-service banks in the country, has filed an application to open a branch in the Twin Cities. Five banks in the Twin Cities — Bank of America, Bremer Bank,......
B89 Teams with Polymath as the Newest Node Operator on the Polymesh Blockchain
Blockchain Fintech News

B89 Teams with Polymath as the Newest Node Operator on the Polymesh Blockchain

Fintech News Desk
by Fintech News Desk0
As the first node operator from Latin America on Polymesh, B89 will increase the chain’s global presence and encourage its borderless network B89, a Peruvian fintech platform that aims to empower Hispanic Americans through borderless financial services, is joining the growing network of node operators on Polymesh. Polymesh is a......
Brian Gunn Named Chief Risk Officer for MUFG Americas Holdings Corporation and MUFG Union Bank, N.A.
Fintech News Risk Management

Brian Gunn Named Chief Risk Officer for MUFG Americas Holdings Corporation and MUFG Union Bank, N.A.

Fintech News Desk
by Fintech News Desk0
MUFG, one of the world’s leading financial groups, announced that Brian Gunn will join the company as Chief Risk Officer for MUFG Americas Holdings Corporation and its primary banking subsidiary, MUFG Union Bank, N.A., effective September 13, 2021. Mr. Gunn succeeds Donna Dellosso, who announced her decision to retire in May of this......
One Announces Series B Funding To Bring All-in-one Banking To Middle Class
Banking Fintech News

One Announces Series B Funding To Bring All-in-one Banking To Middle Class

Fintech News Desk
by Fintech News Desk0
One has raised $40 million to scale its operations and product offerings The financial technology company, One, announced its Series B funding of $40 million. The round is led by Progressive Investment Company, Inc., with participation from Obvious Ventures, Foundation Capital, and Core Innovation Capital and others. This funding will fuel customer......
HDVI Group Announces $32.5 Million in Series B Funding, Fueling New Products and Growth
InsurTech News

HDVI Group Announces $32.5 Million in Series B Funding, Fueling New Products and Growth

Fintech News Desk
by Fintech News Desk0
Round led by Weatherford Capital with strategic participation by Daimler Trucks North America High Definition Vehicle Insurance (HDVI) Group, the leader in commercial auto insurance technology and product innovation with an initial focus on trucking, announced that it has raised $32.5 million in Series B funding. The round was led by......
Leading Global Technology Group GLORY to Become Cornerstone Investor in UK-based Shared Bank Branch Innovator OneBanks
Banking Fintech News

Leading Global Technology Group GLORY to Become Cornerstone Investor in UK-based Shared Bank Branch Innovator OneBanks

Fintech News Desk
by Fintech News Desk0
Glory invests in OneBanks to acquire a significant minority stake Investment will underpin OneBanks’ ambitions to play a leading role in the delivery of everyday banking services in the UK Javed Anjum to join OneBanks’ Board of Directors as designated representative of Glory Jonathan Hughes to become Executive Chairman of......
tZERO Announces Leadership Transition
Blockchain Digital Asset Management News

tZERO Announces Leadership Transition

Fintech News Desk
by Fintech News Desk0
tZERO, a leader in blockchain innovation and liquidity for digital assets, announced the resignation of its Chief Executive Officer and Board of Directors Member, Saum Noursalehi, effective August 13, 2021. Having engineered tZERO’s platform and organization, and positioned it as a dynamic force for digital innovation, Noursalehi is leaving the......
Nsav Announces Plans To Launch Decentralized Cryptocurrency Exchange (Dex) Within 45 To 60 Days
Banking Blockchain Cryptocurrency Currency Exchange News

NSAV Announces Plans To Launch Decentralized Cryptocurrency Exchange (Dex) Within 45 To 60 Days

Fintech News Desk
by Fintech News Desk0
NSAV APPOINTS FORMER IBM AND SUN MICROSYSTEM’S MR. STANLEY YU, SENIOR VICE PRESIDENT OF TECHNOLOGY Net Savings Link, Inc., a cryptocurrency, blockchain and digital asset technology company, announced that it plans to launch a Decentralized Cryptocurrency Exchange (DEX) and have it fully operational and trading within the next 45 to......
Tom Brown Joins Nyca as Partner
Fintech News

Tom Brown Joins Nyca as Partner

Fintech News Desk
by Fintech News Desk0
Leading financial services lawyer brings decades of fintech experience Nyca Partners, a leading fintech venture capital firm, announced that Tom Brown is joining as a Partner. In this role, Mr. Brown brings to Nyca decades of legal fintech experience and deep connections to companies in and around the payments industry.......
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