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Nium Raises US$200+ Million Series D and Becomes First Global B2B Payments Unicorn from Southeast Asia
B2B Banking Digital Payments News

Nium Raises US$200+ Million Series D and Becomes First Global B2B Payments Unicorn from Southeast Asia

Fintech News Desk
by Fintech News Desk0
Company valuation soars above US$1 Billion with capital raised to accelerate its product roadmap and drive global expansion Nium, a leading global B2B payments platform, announced it has raised a US$200+ million Series D round led by Riverwood Capital – a U.S.-based high-growth tech investor. Temasek, Visa, Vertex Ventures, Atinum Group of......
Sikich Investment Banking advises American Standard Circuits in recapitalization with Gemini Investors and Plenary Partners
Banking Investments News

Sikich Investment Banking advises American Standard Circuits in recapitalization with Gemini Investors and Plenary Partners

Fintech News Desk
by Fintech News Desk0
American Standard Circuits (ASC), a leading manufacturer of high-performance printed circuit boards, was recapitalized by management in partnership with Gemini Investors and Plenary Partners. Sikich Investment Banking served as the exclusive adviser to ASC in the recapitalization. “ASC is an innovative company with an impressive history of growth,” said Kurt Estes, managing director at Sikich Investment Banking.......
iAngels
Investments News

iAngels Ventures Raises $55.5 Million for First Institutional Fund Anchored by the European Investment Fund

Fintech News Desk
by Fintech News Desk0
$55.5 million closing of iAngels Ventures announced by iAngels – a women-led venture capital firm and investment platform Investment supported by EIF under the Horizon 2020, the EU Framework Programme for Research and Innovation iAngels, a women-led, Israel-based venture capital firm and investment platform led by Mor Assia and Shelly Hod Moyal, announced the successful......
The Future of Banking, Now: FIS Adds New Digital Lending, Commercial Onboarding Components to Modern Banking Platform
Banking Digital Fintech Mobile Banking News

The Future of Banking, Now: FIS Adds New Digital Lending, Commercial Onboarding Components to Modern Banking Platform

Fintech News Desk
by Fintech News Desk0
Key facts Retail Lending and Commercial Express components add to advanced digital banking functionality available on FIS’ flagship cloud-based core banking platform. Since launch in 2020, FIS Modern Banking Platform has grown to more than 60 advanced components through the platform’s ecosystem of FIS and third-party offerings. As a growing......
iCapital Network® Raises $440 Million in Latest Funding Round to Enhance Client Offerings
Fintech News

iCapital Network® Raises $440 Million in Latest Funding Round to Enhance Client Offerings

Fintech News Desk
by Fintech News Desk0
Temasek leads investment round joined by new investors Owl Rock, MSD Partners, Noah Holdings, and Golub Capital Existing investors WestCap, Ping An, Blackstone, UBS, Pivot, BNY Mellon, Wells Fargo, Morgan Stanley and Goldman Sachs Asset Management commit additional capital Latest financing will drive organic growth through technology advancements, operational investments,......
Onfido Grows Revenue Over 100% Year-Over-Year and Reaches More Than $100 Million ARR
Cryptocurrency News Trading

Onfido Grows Revenue Over 100% Year-Over-Year and Reaches More Than $100 Million ARR

Fintech News Desk
by Fintech News Desk0
Breaks revenue record for the 5th consecutive quarter as company propels to next phase of expansion Onfido, the global identity verification and authentication provider, announced it has broken its revenue record for the fifth consecutive quarter, with over 100% increase year-over-year in global revenue, ending Q2 2021. The company also......
Bybit
Cryptocurrency Currency Exchange News

Bybit Taps Sumsub to Provide a Secure Trading Experience for 2 Million Users

Fintech News Desk
by Fintech News Desk0
Bybit, one of the top five major cryptocurrency exchanges, partners with leading identity verification solution provider Sumsub to eliminate possible safety threats for millions of users. The companies will achieve this through enhanced KYC/AML routines and secure identity checks that take no longer than 5 minutes, even in the most......
Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites
Finance Mortgage News

Newrez Adds New ARM Options to Dream Big, Non-QM Product Suites

Fintech News Desk
by Fintech News Desk0
Newrez LLC, a national mortgage lending and servicing organization, continues to enhance its Dream Big and non-qualified mortgage (“Non-QM”) product suites with the launch of new adjustable-rate mortgage (“ARM”) loan products. “Our new ARMs options are going to be very beneficial to certain types of borrowers at a critical time......
Mastercard Launches New Start Path Cryptocurrency and Blockchain Program for Startups
Blockchain Cryptocurrency Digital Digital Asset Management Fintech News

Mastercard Launches New Start Path Cryptocurrency and Blockchain Program for Startups

Fintech News Desk
by Fintech News Desk0
From creating a marketplace for non-fungible tokens (NFTs) to building an air-gapped cold vault to enabling new sustainable digital assets, seven global crypto and digital assets startups join Mastercard’s award-winning Start Path program to access partnership opportunities, insights and tools to grow Mastercard announced a new Start Path global startup engagement......
MOCA Financial and the Armed Forces Financial Network Partner to Bring MOCA’s Next-Generation Card-Based Payment Platform
Digital Payments Fintech News

MOCA and AFFN Partner to Bring Virtual Cards to Armed Services

Fintech News Desk
by Fintech News Desk0
Payments Platform Brings Advanced Card-Based Payments to Military Personnel Worldwide MOCA, a digital-first next-generation card-based payment platform provider, has partnered with the Armed Forces Financial Network (AFFN) to offer MOCA’s Digital-First Next-Generation Card-Based Payment Platform to the United States military community worldwide. “MOCA provides a superior card-based payment experience, and we are......
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