Search Results for: $1 million fund

HSBC US Global Liquidity and Cash Management Adds Cash Flow Forecasting to HSBCnet
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HSBC Bank Provides $10 Million for New York Forward Loan Fund

Fintech News Desk
Program will target small businesses, non-profits and small landlords that did not receive federal COVID-19 assistance HSBC Bank USA, N.A., part of HSBC Group, one of the world’s largest banking and financial services companies, announced it will provide $10 million to support the New York Forward Loan Fund (NYFLF), part of......
MICT Closes Acquisition of Global Fintech Holdings with $15 Million in Committed Funding
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MICT Closes Acquisition of Global Fintech Holdings with $15 Million in Committed Funding

Fintech News Desk
MICT plans to execute on accretive business opportunities to grow both its fintech and telematics businesses MICT, announced that it has completed the acquisition of a wholly-owned subsidiary of Global Fintech Holdings Ltd. (“GFH”) for approximately $25 million in convertible securities.  In connection with the previously announced private placement of convertible promissory......
Payfone Raises $100 Million Led by the Apax Digital Fund
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Payfone Raises $100 Million Led by the Apax Digital Fund

Fintech News Desk
Investment Will Accelerate Privacy-First Customer Identity Platform with Strategic Acquisitions Payfone announced it has raised $100 million to acquire strategic assets, further strengthen its machine learning capabilities, and build a cross-industry consortium to secure digital transactions and experiences. The investment was led by funds advised by Apax Digital, the growth equity team of......
Pagaya Announces $102 Million Series D Funding Round
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Pagaya Announces $102 Million Series D Funding Round

Fintech News Desk
Forever-changing asset management, Pagaya sets a new standard with its technology Pagaya, a global financial technology company using artificial intelligence (AI) to reshape asset management and institutional investment,  announced a $102 million Series D funding round led by a prominent strategic financial institution. Aflac Global Ventures (the venture capital holding......
Kasada Raises $10 Million in Series B Funding to Fuel Rapid U.S. Expansion and Enhance Its Web Traffic Integrity Solution
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Kasada Raises $10 Million in Series B Funding to Fuel Rapid U.S. Expansion and Enhance Its Web Traffic Integrity Solution

Fintech News Desk
Kasada, a leading web traffic security solution and services provider, announced that it has raised $10 million in Series B funding. The New York and Sydney-based company plans to use the proceeds to fuel its continued rapid U.S. expansion and new product development. Cybersecurity venture capital specialist Ten Eleven Ventures led the round, joined by existing investors Main......
First Financial Network Announces Sale Closing of Performing and Non-Performing Commercial Loans Totaling $112 Million for Financial Institutions and Funds
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First Financial Network Announces Sale Closing of Performing and Non-Performing Commercial Loans Totaling $112 Million for Financial Institutions and Funds

Fintech News Desk
First Financial Network, Inc. (FFN), a leading international loan sale advisor, has announced the successful sale of performing and non-performing loans totaling $112 million on behalf of several financial institutions and funds. The assets sold included predominantly commercial real estate loans (office, industrial, retail, mixed-use, and multifamily) as well as C&I business......
NYMBUS Secures $12 Million in Growth Funding
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NYMBUS Secures $12 Million in Growth Funding

Fintech News Desk
NYMBUS, a provider of the world’s most advanced financial services platform, announced it has completed $12 million in a new financing round led by the company’s major shareholders of Insight Partners and Vensure Enterprises. The focus of the investment will be used to support rapid market penetration for the NYMBUS......
Morgan Stanley Provides $10 Million Investment For New York Forward Loan Fund
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Morgan Stanley Provides $10 Million Investment For New York Forward Loan Fund

Fintech News Desk
Morgan Stanley announced it will make an investment of $10 million to support the New York Forward Loan Fund, part of Governor Andrew M. Cuomo’s initiative to reinvigorate New York’s small businesses and critical non-profits. The New York Forward Loan Fund will provide sustainable capital to Community Development Financial Institution’s......
Stackin' Raises $12.6 Million In Funding Led By Octopus Ventures
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Stackin’ Raises $12.6 Million In Funding Led By Octopus Ventures

Fintech News Desk
Stackin’, a text message based financial platform, announced it has raised a $12.6 million Series B funding round led by Octopus Ventures, along with participation from new and existing investors including Experian Ventures, Cherry Tree Investments, Dig Ventures, Mucker Capital, Unlock Venture Partners, TechStars and Wavemaker Partners. Marieke Christmann, Principal at Octopus......
Vise, The AI-powered Investment Management Platform, Secures $45 Million Series B Funding Led By Sequoia
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Vise Raises $14.5 Million in Series A Funding Led by Sequoia Capital

Fintech News Desk
Funding will accelerate AI technology adoption among independent advisors Vise, an AI-driven investment management platform built for the modern financial advisor, announced that it has secured $14.5 million in Series A funding, bringing the total capital raised since Vise’s founding to over $16 million. The round was led by Sequoia Capital with......
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