Search Results for: $1 million fund

Finance News

First Citizens Bank Acquires $123 Million Maritime Portfolio for Greece Vessels

PR Newswire
First Citizens Bank announced that its Maritime Finance group, part of the CIT division, has successfully completed the acquisition of $123 million of Greek shipping loans, sharply increasing the bank’s maritime financings for clients in Greece. The loan portfolio, which was acquired from HSBC Bank Plc, covers 11 financings involving 14 vessels and eight......
Yendo Secures $24 Million in Series A Financing, Led by FPV Ventures
Finance News

Yendo Secures $24 Million in Series A Financing, Led by FPV Ventures

Business Wire
Yendo will expand access to affordable credit to the millions of Americans who have historically been excluded from the traditional credit system Yendo, the company that created the first-ever vehicle-secured credit card, announced the closing of its $24 million in Series A financing, led by FPV Ventures, along with existing......
EDX Markets Begins Trading and Completes New Funding Round
Digital Asset Management News Trading

EDX Markets Begins Trading and Completes New Funding Round

Business Wire
EDX to launch new clearinghouse business later this year to provide members with the most competitive and capital efficient market through a single settlement process EDX Markets (EDX), the first-of-its-kind digital asset marketplace designed to enable safe and compliant trading of digital assets through trusted intermediaries, announced the successful launch......
OneVest Raises CAD $5 Million and Launches Canada’s First Embedded Wealth Management Platform
Finance News

OneVest Raises $17 Million and Launches Wealth-as-a-Service Platform

Business Wire
OneVest enables banks, wealth managers, asset managers, and other financial institutions to deploy digital capabilities across the enterprise Wealth-as-a-Service platform, OneVest, announced CAD$17M in Series A funding as it aims to dramatically improve the wealth management experience for both financial institutions and their customers. The round, which is led by......
Hivemind Announces Open-Ended Liquid Opportunity Fund for Institutional Investors
Investment Services News

Hivemind Announces Open-Ended Liquid Opportunity Fund for Institutional Investors

PR Newswire
With Target Size of $300 Million, New Fund Focuses on Trading Cryptocurrencies at Opportune Entry Point as Digital Asset Industry Hits Inflection Moment Hivemind Capital Partners, a digital asset investment manager founded by ex-Citi senior trading executive Matt Zhang, announced the launch of its new, open-ended Liquid Opportunity Fund, with a target......
First Ever Digital Asset-Denominated Life Insurance Provider, Meanwhile, Launches with $19M Funding from OpenAI CEO Sam Altman and Google-Backed Gradient Ventures
Cryptocurrency InsurTech News

First Ever Digital Asset-Denominated Life Insurance Provider, Meanwhile, Launches with $19M Funding from OpenAI CEO Sam Altman and Google-Backed Gradient Ventures

Business Wire
Licensed and regulated by Bermuda Monetary Authority, Meanwhile’s fully BTC-denominated insurance products leverage the power of artificial intelligence (AI) to offer groundbreakingly efficient solutions and bring BTC to life Meanwhile, the first and only life insurer entirely denominated in a cryptocurrency, has announced ~$19 million in financing across two seed......
Stori Raises $50 Million Debt Capital as It Reaches 2 Million Customers in Mexico
debt collection Fintech News

Stori Raises $50 Million Debt Capital as It Reaches 2 Million Customers in Mexico

PR Newswire
Stori, the most recent Mexican unicorn, has received an additional $50M credit line from Community Investment Management and reached the important milestone of 2 million credit card customers Stori, the Mexican fintech unicorn, has received an additional $50 million credit line from impact-focused, debt capital provider Community Investment Management (“CIM”) and has achieved......
Natixis Corporate & Investment Banking Leads Financing for US$364 Million Portfolio of PV Projects in Chile
Finance News

Natixis CIB Leads Financing for US$364 Million Portfolio of PV Projects in Chile

PR Newswire
Natixis Corporate & Investment Banking has closed a US$364 million financing for a portfolio of a solar photovoltaic utility-scale and PMGD plants in Chile, owned and operated by Solek Holding SE. The portfolio has a combined capacity of approximately 284MWdc. Natixis CIB acted as Sole Debt Structuring Advisor for a......
Attorney General James Secures $4.3 Million from Cryptocurrency Company for Defrauding Investors
Cryptocurrency News

Attorney General James Secures $4.3 Million from Cryptocurrency Company for Defrauding Investors

Fintech News Desk
Under Agreement with AG James, Coin Cafe will Pay Full Restitution to New Yorkers and All U.S. Investors Who Were Deceived by Misleading Fees New York Attorney General Letitia James secured $4.3 million from a Brooklyn-based cryptocurrency company, Coin Cafe, for defrauding investors. Coin Cafe is a cryptocurrency trading platform......
GTCR Closes $11.5 Billion Fund XIV
Fintech Funding News

GTCR Closes $11.5 Billion Fund XIV

PR Newswire
Fund to Support Management in Executing Upon Growth and Transformation GTCR, a leading private equity firm, announced the closing of GTCR Fund XIV (“Fund XIV” or the “Fund”), with aggregate commitments of $11.5 billion. The Fund, which had an initial target of $9.25 billion, reached its hard cap. The Fund includes......
1