Search Results for: $1 million fund

Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI
Artificial Intelligence InsurTech News

Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI

PR Newswire
Capital will accelerate growth and build upon Roots Automation’s made-for-insurance AI, enabling carriers, TPAs, brokers, and agents to drive significant improvements in overall business performance Roots Automation, creator of the AI-powered Digital Coworker and InsurGPTâ„¢, the world’s first generative AI model for insurance, announced the closing of a $22.2 million Series B funding round.......
Loop Raises Over $10M CAD to Transform Cross-Border Banking
Banking News

Loop Raises Over $10M CAD to Transform Cross-Border Banking

Business Wire
With a recent fundraise of $6.4M CAD, the fintech startup has raised over $10 million in total equity financing since launching in 2022, continuing on its mission to build a global financial services platform for growing businesses. Loop, the global financial solution for businesses to manage their international finances, simplifying......
Achieve Closes $263.3 Million, AAA-rated Personal Loan Securitization
Finance Fintech Lending News

Achieve Closes $263.3 Million, AAA-rated Personal Loan Securitization

PR Newswire
Deal backed by Achieve Personal Loans brings total securitization volume of Achieve assets to over $5.9 billion Achieve, the leader in digital personal finance, announces the August 29 close of an offering of $236.35 million in rated notes backed by Achieve Personal Loans. The securitization, ACHV ABS Trust 2024-2PL, includes four classes of rated notes......
Sedric AI Raises $18.5 Million Series A to Empower Financial Institutions with an AI-Based Compliance Platform
Artificial Intelligence Finance Fintech News

Sedric AI Raises $18.5 Million Series A to Empower Financial Institutions with an AI-Based Compliance Platform

PR Newswire
The round was led by Foundation Capital with Amex Ventures joining as an investor Sedric AI, (“Sedric”), the pioneering compliance-dedicated AI platform for financial institutions, today announced it has closed a $18.5 million Series A funding round to further its efforts to transform compliance operations across the industry. The latest funding round, led......
Zilch Surges to Profitability, Surpasses $130M in Revenue, and Welcomes Mark Wilson to the Board
Digital Payments News

Zilch Surges to Profitability, Surpasses $130M in Revenue, and Welcomes Mark Wilson to the Board

Business Wire
Zilch turns profitable within just four years post-launch. CEO announces $130m (£100m) annual revenue run rate — 100% YoY growth. Mark Wilson, former CEO of Aviva and AIA and current BlackRock Board member, joins Zilch’s Board. Rapid revenue growth beats average UK and US tech industry growth by over 10......
Biptap is Set to Disrupt the Financial Industry After 2 Million Funding
Fintech Funding News

Biptap is Set to Disrupt the Financial Industry After 2 Million Funding

GlobeNewswire
Biptap, one of the fastest-growing fintech companies, specializing in privacy-centric offshore banking solutions, announced it has raised $2 million in a pre-seed funding round. The round attracted prominent investors, including multiple web3 decentralized investment funds, a travel facilitator with a 2.5 million hotel network, an encryption tech firm formerly owning......
Swedish Tech Startup DealPotential Secures $1M Seed Funding for Global Growth and Industry Innovation
Investment Services News

Swedish Tech Startup DealPotential Secures $1M Seed Funding for Global Growth and Industry Innovation

EIN Presswire
DealPotential secures $1M to boost its Investment Intelligence Platform, aiming to reshape decision-making in the investment sector. DealPotential, a Swedish tech startup specializing in the investment industry, has successfully closed a $1 million Seed funding round. This achievement represents a significant step forward in the company’s mission to empower investment professionals......
Vanilla Closes New Funding Round to Accelerate Adoption of Estate Planning in Wealth Management
Investment Services News

Vanilla Closes New Funding Round to Accelerate Adoption of Estate Planning in Wealth Management

Business Wire
Award-winning estate planning software company to accelerate investments in AI, expansion of platform, and customer adoption. Vanilla, the award-winning estate planning software company, announced strategic fundraising led by returning investor Insight Partners, in addition to contributions from Venrock, Vanguard, and other previous investors. Vanilla also welcomes a new strategic investor,......
Sling Money Raises $15 Million Series A to Transform Global Payments
Digital Payments News

Sling Money Raises $15 Million Series A to Transform Global Payments

Business Wire
Union Square Ventures leads round to help bring low-cost, instant money transfers to the world Sling Money, an app designed to make the global transfer of money instant, easy and low-cost, announced a $15 million Series A round led by Union Square Ventures, Ribbit Capital, and Slow Ventures. Sling Money......
Finland-based Quantlytica raises €1 million to launch AI-powered liquidity distribution protocol
Artificial Intelligence Finance Fintech Investments News

Finland-based Quantlytica raises €1 million to launch AI-powered liquidity distribution protocol

GlobeNewswire
Quantlytica, Finland-based Fintech company, has successfully closed a €1 million private raise, landing grants and investments from prominent international institutions including Polygon Labs Ecosystem Fund, Web3Port Foundation, Eureka Partners, DWF Ventures, Connectico Capital, ZBS Capital, among others. Quantlytica is an innovative liquidity gateway that simplifies the discovery and implementation of......
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