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Banking Business News

Oxbury, An AgTech Bank Breaks Even

Fintech Staff Writer
by Fintech Staff Writer0
The bank has total committed and in progress lending exceeding £850 million, meaning it is now forecast for a full year of profitability in 2023. British AgTech bank Oxbury has broken even just two years after launch and is on target to hit £1 billion in lending by next year.......
Elementus Raises $10 Million in Funding to Continue Building Infrastructure Needed to Make Blockchain More Accessible
Blockchain News

Elementus Raises $10 Million in Funding to Continue Building Infrastructure Needed to Make Blockchain More Accessible

Fintech News Desk
by Fintech News Desk0
Witnessing a growing appetite for insights into on-chain activity, the blockchain data intelligence company doubled headcount and tripled valuation in 2022 Elementus — a web3 company whose blockchain data intelligence platform helps forward-thinking, data-driven organizations of all sizes to leverage the power of blockchain — announced a $10M Series A-2 funding......
Upwardli Raises $2 Million in Series Seed Funding to Help the New to Country Unlock Access to Credit
Fintech News

Upwardli Raises $2 Million in Series Seed Funding to Help the New to Country Unlock Access to Credit

Fintech News Desk
by Fintech News Desk0
Upwardli’s inclusive credit builder product accelerates millions of credit invisible consumers into the financial mainstream Upwardli, a financial technology company offering credit building products for consumers new to credit, announced a $2 million Series Seed funding round led by Dundee Venture Capital, with participation from Techstars, J4 Ventures, Cascade Seed Fund, Avesta Fund, Temerity Capital Partners, Service Provider Capital,......
defining 6 key segments
Featured Fintech Fintech Primers Fintech Radar

The 6 key Fintech Segments

Pooja Choudhary
by Pooja Choudhary0
Any new technology that enhances and automates the usage of financial products and services is referred to as “fintech,” or financial technology. The major six segments into which this technology is essentially split are listed below. Although there are a few additional minor components, we have only highlighted the key......
Fintech Funding Markets News

Archimedes Closes $4.9Million Seed Round Led By Hack VC

Fintech News Desk
by Fintech News Desk0
The team behind Archimedes, an innovative new DeFi lending and borrowing marketplace launching in February 2023, has secured another round of funding. Lending and borrowing is considered one of the safest and more passive forms of DeFi investing, where crypto holders can supply & borrow assets to earn a yield. However,......
MoneyGram Haas F1 Team Unveils Sleek New Livery for 2023 Formula 1 World Championship Season
Fintech News

MoneyGram Haas F1 Team Unveils Sleek New Livery for 2023 Formula 1 World Championship Season

Fintech News Desk
by Fintech News Desk0
The team has revealed a distinctly different look and feel to this year’s livery – representing the future of this new title partnership Ahead of their first season in partnership, MoneyGram International, Inc. and MoneyGram Haas Formula 1 (F1) Team unveiled the stunning new livery for the VF-23, the car that team drivers Kevin......
American Express Launches New Cash Flow Management Hub, Expanding Its Powerful Backing for Small Businesses
Finance News

American Express Launches New Cash Flow Management Hub, Expanding Its Powerful Backing for Small Businesses

Fintech News Desk
by Fintech News Desk0
American Express Business Blueprint provides free cash flow insights and 24/7 access to a suite of digital financial products—all from one place American Express announced the launch of American Express Business Blueprint, the company’s new digital cash flow management hub designed exclusively for small businesses, which features cash flow insights,......
Coalition Launches Coalition Insurance Company
InsurTech News

Coalition Launches Coalition Insurance Company

Fintech News Desk
by Fintech News Desk0
Carrier Secures A.M. Best Rating of A-; Signifies Coalition’s Evolution into a Full-Stack Insurance Organization Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, announced the launch of Coalition Insurance Company (CIC), the first full-stack, Active Cyber Insurance carrier. The launch of CIC, which......
Permira to Acquire Acuity Knowledge Partners From Equistone
Analytics News

Permira to Acquire Acuity Knowledge Partners From Equistone

Fintech News Desk
by Fintech News Desk0
Acuity Knowledge Partners (“Acuity”), a leading provider of high-value research, analytics and business intelligence to the financial services sector, announces that funds advised by Permira, the global private equity firm, have acquired a majority stake in the business from Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity......
CFM and NXTsoft Announce Strategic Combination
Banking News

CFM and NXTsoft Announce Strategic Combination

Fintech News Desk
by Fintech News Desk0
Transaction unites two leading software companies driving digital transformation in banking via API connectivity solutions OceanSound Partners, a growth-oriented private equity firm, announced that its portfolio company, CFM, has merged with NXTsoft. The combination creates the leading provider of API connectivity, workflow automation, and data analytics software for financial institutions.......
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