Search Results for: working capital

Step Surpasses One Million Users In Less Than Four Months
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Step Surpasses One Million Users In Less Than Four Months

Fintech News Desk
by Fintech News Desk0
Closes new venture debt facility; welcomes Alex Rodriguez and Josh Richards to the #StepFam Step, the new modern-day financial services company built for teens and families, today announced it has crossed one million users. A first of its kind, Step offers users the ability to build credit before they turn......
Stori Raises $32M Series B Round To Become Mexico's leading Credit Card Issuer For The Rising Middle Class
Fintech InsurTech Investment Services News Risk Management

Stori Raises $32M Series B Round To Become Mexico’s leading Credit Card Issuer For The Rising Middle Class

Fintech News Desk
by Fintech News Desk0
Consumer fintech Stori announced today that it has raised $32.5 million Series B funding led by Silicon Valley-based Lightspeed Venture Partners with participation from existing investors Vision Plus Capital, BAI Capital and Source Code Capital. The new financing will support the company’s rapid growth as it is quickly becoming a......
Petal Closes New $200 Million Debt Facility from Victory Park Capital, Raises Additional Debt and Equity Funding
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Petal Gets $125m Debt Facility

Fintech News Desk
by Fintech News Desk0
Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has closed a new committed debt facility –totaling more than $125 million– that will enable the company to expand and support the fast-growing Petal credit card program. Read More: Aurora......
Microsoft Debuts Financial Services Cloud
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Microsoft Debuts Financial Services Cloud

Fintech News Desk
by Fintech News Desk0
Amid the relentless challenges of 2020, the wheels of the financial industry kept turning. Read More: Aurora Mobile Partners with Taikang Life Insurance to Strengthen Smart Insurance Solutions with AI Technologies At the root of it all is the historic acceleration of digital technology in the pandemic. It’s what enabled the......
Trustgrid Now Serves 20% of Community Banks and Credit Unions
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Trustgrid Now Serves 20% of Community Banks and Credit Unions

Fintech News Desk
by Fintech News Desk0
Trustgrid, a pioneer and leader in secure, cloud-native software-defined connectivity, announced the company has achieved a notable milestone in its quest to provide advanced networking capabilities to banks and credit unions. The connectivity platform now extends to 1 in 5 banks and credit unions in the United States. Read More: Curioinvest......
Penta Raises Further Millions: Series B+ Now Totals 30m Euro
Fintech Fintech Funding News

Penta Raises Further Millions: Series B+ Now Totals 30M Euro

Fintech News Desk
by Fintech News Desk0
Penta manages to  top up its series B investment Due to a positive business development and strong business performance, all existing investors increase their initial investment, with ABN AMRO Ventures taking the lead as strategic investor The financing round will be used to further expand Penta’s business model Following Penta’s......
JPMorgan Chase Announces Initiatives to Support Minority-Owned and Diverse-Led Financial Institutions
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JPMorgan Chase Announces Initiatives to Support Minority-Owned and Diverse-Led Financial Institutions

Fintech News Desk
by Fintech News Desk0
JPMorgan Chase today announced initiatives to further support Minority Depository Institutions (MDIs) and diverse-led Community Development Financial Institutions (CDFIs), as part of the firm’s recently announced $30 billion commitment to advancing racial equity. MDIs and CDFIs provide vital financial services in communities that are often underserved. In order to provide this necessary funding......
Likezzero Names Former Fidessa Chief John Hamer As Chairman
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Likezzero Names Former Fidessa Chief John Hamer As Chairman

Fintech News Desk
by Fintech News Desk0
LIKEZERO, the next generation contract risk management and data capture company, is delighted to announce the appointment of John Hamer who joins as Chairman. Read More: GlobalFintechSeries Interview with Dr. Vincent Pignon, CEO at Wecan Group Previously, John was CEO and then Chairman of Fidessa Group PLC, the leading global financial......
Raiffeisen Bank International Partners with AxeTrading and Integral to Boost Bond Trading
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Raiffeisen Bank International Partners with AxeTrading and Integral to Boost Bond Trading

Fintech News Desk
by Fintech News Desk0
Raiffeisen Bank International (RBI) has partnered with AxeTrading and Integral to deliver an innovative trading solution for their bond trading clients by providing real-time streaming of FX prices into their bond trading workflow. Raiffeisen Bank International (RBI), one of the leading banks in Austria and CEE, has partnered with AxeTrading,......
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