Search Results for: $1 million fund

QED Investors Organizes to Scale Into Fintech Opportunities
Fintech Investment Services News

QED Investors Organizes to Scale Into Fintech Opportunities

Fintech News Desk
by Fintech News Desk0
Frank Rotman becomes Chief Investment Officer; Bill Cilluffo elevated to lead early stage investments globally QED Investors, a leading global venture capital firm focused on investing in disruptive financial services companies, announced a series of internal moves to facilitate the scaling of its unique business model. “I’m really excited that......
Brex Acquires Pry Financials to Expand Its Software Capabilities for Founders
Finance News

Brex Acquires Pry Financials to Expand Its Software Capabilities for Founders

Fintech News Desk
by Fintech News Desk0
The acquisition gives founders sophisticated, and yet easy-to-use, tools for cash and financial management Brex, the company reimagining finance for growing businesses, announced  its acquisition of Pry Financials, a software platform with tools designed to enable budgeting, bookkeeping and forecasting, for $90 million. Cash flow forecasting and runway planning can make......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc., the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising interest rates, and previewed business developments at its Avenu Banking-as-a-Service (BaaS) subsidiary. Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income......
New Report from TransUnion Reveals Rising Prices Stifle Canadians’ Personal Finance Optimism
Finance News

New Report from TransUnion Reveals Rising Prices Stifle Canadians’ Personal Finance Optimism

Fintech News Desk
by Fintech News Desk0
More than half of Canadians (56%) surveyed report that inflation and interest rate concerns impact purchasing behaviour despite current positivity TransUnion’s most recent Consumer Pulse study shows that while the majority of Canadians feel positive about their current personal finances as the economy continues to reopen, concerns about longer-term macro-economic pressures......
Thunes Takes Majority Stake in AML and Compliance Platform Tookitaki
Compliance management News

Singapore Payment Firm Thunes Takes Majority Stake in AML and Compliance Platform Tookitaki

Fintech News Desk
by Fintech News Desk0
Thunes, a Singapore-based global payments company, announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd (‘Tookitaki’) by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money laundering and offer......
NMB Financial Corporation/New Millennium Bank Announces Proposal to Acquire Noah Bank and Potential US Treasury ECIP Investment
Banking Investment Services News

NMB Financial Corporation/New Millennium Bank Announces Proposal to Acquire Noah Bank and Potential US Treasury ECIP Investment

Fintech News Desk
by Fintech News Desk0
NMB Financial Corporation a bank holding company and parent of New Millennium Bank, announced that a Letter of Intent has been sent to the Board of Directors of Noah Bank, Elkins Park, Pennsylvania related to a cash acquisition of Noah. The Letter of Intent provides for the cash acquisition of......
Arkansas Federal Credit Union Upgrades P2P Solution to Zelle via Fiserv, Sees Boom in Transactions and Users
Digital Payments Finance News

Arkansas Federal Credit Union Upgrades P2P Solution to Zelle via Fiserv, Sees Boom in Transactions and Users

Fintech News Desk
by Fintech News Desk0
Arkansas’ largest credit union meets demand among 130,000-plus customers for fast and secure digital payments with the convenience of a single app Fiserv, Inc., a leading global provider of payments and financial services technology, announced that Arkansas Federal Credit Union has upgraded from their prior person-to-person (P2P) payment solution to......
SaaSOptics and Chargify Announce Merger, Rebrand to Maxio
Fintech News

SaaSOptics and Chargify Announce Merger, Rebrand to Maxio

Fintech News Desk
by Fintech News Desk0
SaaSOptics and Chargify, the leading providers of financial operations and subscription billing management solutions for subscription businesses, publicly announced the merger of the two companies. The combined company will be known as Maxio and will provide all-in-one revenue management and advanced subscription billing solutions for high-growth software-as-a-service (SaaS) companies. SaaSOptics and Chargify......
Proxymity Announces New Investment by US Firm Mediant, With Citi and Deutsche Börse Closing the $52m Series B
Investment Services News

Proxymity Announces New Investment by US Firm Mediant, With Citi and Deutsche Börse Closing the $52m Series B

Fintech News Desk
by Fintech News Desk0
US financial services provider Mediant Communications Inc., becomes the latest investor to join the Proxymity Consortium, following recent BNP Paribas announcement in March 2022 Proxymity, the leading digital investor communications platform, announced that Mediant Communications Inc. has invested in its latest Series B fundraising, closing the round at $52 million.......
Vestinda Opens Doors to Early-Stage Investors in Public Beta
Cryptocurrency Investment Services News

Crypto Investment Platform Vestinda Opens Doors to Early-Stage Investors in Public Beta

Fintech News Desk
by Fintech News Desk0
Over $10 million have already been traded in Private Beta Vestinda, a marketplace dedicated to crypto investments which connects investors, traders, and brokers, has so far recorded more than $10 million in transactions in Private Beta with hundreds of experienced traders on 4 continents. Vestinda facilitates access to validated trading strategies and investment management......
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