Search Results for: $1 million fund

As Big Banks Fall, SMBs Turn to Alternative Funding
Banking News

As Big Banks Fall, SMBs Turn to Alternative Funding

Fintech News Desk
Only 14% of growing businesses still prefer large national or international banks compared to alternative lenders, according to Capterra research As big banks collapse amidst inflation and rising interest rates, small and midsize businesses (SMBs) are disproportionately impacted as loans become more difficult to secure. Capterra‘s 2023 Financing Survey of over 450......
Artificial Intelligence Cloud News Technology

Ex-Regulators Raise $1million To Help FinTech Grow Under Regulatory Scrutiny.

Fintech Staff Writer
AMLYZE, a pioneering RegTech company, has closed a $1 million pre-seed financing round to further develop its anti-financial crime solutions for FinTechs, neo-banks, and crypto firms. AMLYZE is a SaaS company headquartered in Vilnius, Lithuania, that offers a variety of products designed to combat money laundering and other forms of......
Leading Enterprise Crypto Company Ripple Acquires Custody Provider Metaco for $250 Million
Blockchain Cryptocurrency News

Leading Enterprise Crypto Company Ripple Acquires Custody Provider Metaco for $250 Million

Business Wire
With this seminal acquisition, Ripple takes on the growing institutional crypto custody market, expected to reach $10T by 2030 Ripple, the leader in enterprise blockchain and crypto solutions, announced it has acquired Metaco, a Swiss-based provider of digital asset custody and tokenization technology. Diversifying into custody solutions is a milestone......
Purpose Investments Appoints Coinbase as Additional Sub-Custodian for Crypto Funds
Digital Asset Management News

Purpose Investments Appoints Coinbase as Additional Sub-Custodian for Crypto Funds

GlobeNewswire
Global Digital Asset Management Leader Enhances Custodial Services to Provide Best-in-Class Structure for Investors Purpose Investments Inc. announced that Coinbase Custody Trust Company, LLC., a New York State chartered limited purpose trust company, a subsidiary of Coinbase Global Inc. and one of the world’s largest and most-trusted institutional digital asset......
wefox Secures $110m With $55m Credit Facility From J.P. Morgan and Barclays
InsurTech News

wefox Secures $110m With $55 Million Credit Facility From J.P. Morgan and Barclays

Business Wire
wefox raises a total of US$110m J.P. Morgan and Barclays provides $55m in a revolving credit facility Additional $55m in equity was raised from existing and new investors as a second closing of the Series D from new and existing investors at $4.5bn valuation New funding underlines strength of wefox......
Bitcoin Company River Raises $35 Million In Series B Funding
Fintech Funding Fintech Startups News

Bitcoin Company River Raises $35 Million In Series B Funding

PR Newswire
River, a Bitcoin technology and financial services startup, announced a $35 million equity round. This series B funding was led by Kingsway Capital. Other investors included Peter Thiel, Goldcrest, Cygni, M13, Valor Equity Partners, Esas Ventures, and Alarko Ventures. River is on a mission to champion an honest and robust financial system......
Tipalti Secures $150 Million in Growth Financing from JPMorgan Chase Bank and Hercules Capital
Digital Payments Finance News

Tipalti Secures $150 Million in Growth Financing from JPMorgan Chase Bank and Hercules Capital

PR Newswire
Funding Will Fuel Continued Growth and Product Innovation for FinTech Leader; Company Also Announces Three New Additions to Executive Team Tipalti, the leading global payables automation platform, announced it has raised $150 million in incremental growth financing from JPMorgan Chase Bank and Hercules Capital, Inc. Coming on the heels of......
Cable Raises $11 Million to Automate Effectiveness Testing of Financial Crime Controls
Compliance management News

Cable Raises $11 Million to Automate Effectiveness Testing of Financial Crime Controls

Business Wire
Cable’s effectiveness testing platform is in demand by more customers, with regulatory scrutiny and volatility escalating across the banking landscape Cable, provider of the all-in-one financial crime effectiveness testing platform, raised an $11M Series A from Stage 2 Capital and Jump Capital, with ongoing involvement from previous investors CRV. The......
Transformational Chief Executive of the United Nations Joint Staff Pension Fund joins Blockchain Conference
Blockchain News

Transformational Chief Executive of the United Nations Joint Staff Pension Fund joins Blockchain Conference

The Government Blockchain Association (GBA) is pleased to announce that Ms. Rosemarie McClean, Chief Executive of the Pension Administration and Assistant Secretary-General of the United Nations, will participate at the upcoming conference, The Future of Money, Governance, and the Law, on May 24-25, 2023, in Washington, DC. Ms. McClean is......
Securitize Expands Access to Hamilton Lane's Senior Credit Opportunities Fund via Polygon
Blockchain News

Securitize Expands Access to Hamilton Lane’s Senior Credit Opportunities Fund via Polygon

PR Newswire
Securitize, a firm digitizing the issuance, management, and trading of real-world assets, launched a new feeder fund offering tokenized exposure to an evergreen private credit fund from leading private markets investment firm, Hamilton Lane, available exclusively on the Polygon blockchain. Latest Fintech Interview: Global Fintech Interview with Juha Viitala, CEO......
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