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Digital Fintech Investments News

First Insurtech Investment By Augmentum

Fintech Staff Writer
by Fintech Staff Writer0
With capacity provision from Zurich, Baobab uses a novel approach to underwriting, pricing and risk mitigation in providing cyber insurance for SMEs, and works with cyber security providers to prevent breaches for its insured customers.Augmentum’s fintech portfolio now comprises 25 private companies including the likes of Tide, Zopa and Anyfin......
Blockstream Raises USD $125 Million to Expand Mining Operations
Blockchain News

Blockstream Raises USD $125 Million to Expand Mining Operations

Fintech News Desk
by Fintech News Desk0
Leading Bitcoin infrastructure firm Blockstream has announced raising USD $125 million in convertible note and secured loan financing to expand its institutional bitcoin mining colocation services. Kingsway Capital led the convertible note, with other investors including Fulgur Ventures. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC,......
LTIMindtree Partners with Duck Creek and Microsoft to Build a Cloud Migration Solution for Insurers
Cloud News

LTIMindtree Partners with Duck Creek and Microsoft to Build a Cloud Migration Solution for Insurers

Fintech News Desk
by Fintech News Desk0
LTIMindtree, a global technology consulting and digital solutions company, announced that it has partnered with Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) insurance, and Microsoft to build a solution that will enable insurers to migrate their on-premises core systems to the cloud......
Ledgible Expands C-Suite Growing Institutional Cryptoasset Leadership
Cryptocurrency Investment Services News

Ledgible Expands C-Suite Growing Institutional Cryptoasset Leadership

Fintech News Desk
by Fintech News Desk0
Adds Chief Revenue Officer and Head of Institutional Product to Focus These Efforts Ledgible, the leading institutional and enterprise crypto tax and accounting platform, announced the company added two new strategic executives, Paul Diegelman as Chief Revenue Officer, and Will Coleman as Head of Institutional Product. This expands Ledgible’s Institutional leadership with these two seasoned experts and underscores......
Hawk AI Accelerates Global Expansion With $17 Million Series B
Artificial Intelligence News

Hawk AI Accelerates Global Expansion With $17 Million Series B

Fintech News Desk
by Fintech News Desk0
Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion. The funding round was led by Sands Capital from Washington D.C., with participation from new and existing investors, including......
Simpl Appoints Ashwini Ravindranath as the Vice President of its Partner Success Team
Featured News Payment gateways

Simpl Appoints Ashwini Ravindranath as the Vice President of its Partner Success Team

Sudipto Ghosh
by Sudipto Ghosh0
Simpl, India’s foremost 1-tap checkout network, announced the appointment of Ashwini Ravindranath as Vice President of the Partner Success team. Ashwini will lead the team to build strong relationships with Simpl’s merchant network and own the P&L of the Pay Later business of the organisation. With this strategic hire, Simpl......
Riaz Ladha and Eric Kirk to Head Valor PayTech’s Strategic Payments Business
Digital Payments Fintech News

Riaz Ladha and Eric Kirk to Head Valor PayTech’s Strategic Payments Business

Fintech News Desk
by Fintech News Desk0
New API Capabilities Introduced to Provide One-Click Integration for Seamless Omnichannel Commerce Enablement Valor PayTech, a rapidly-growing fintech provider of end-to-end, processor-agnostic omnichannel commerce solutions, announced the appointment of payments veterans Riaz Ladha and Eric Kirk to its new strategic payments business unit. The company also announced general availability of Valor Connect, an application......
Bold Commerce Integrates PayPal Bringing Payments and Commerce Together
Commerce Digital Payments News

Bold Commerce Integrates PayPal Bringing Payments and Commerce Together

Fintech News Desk
by Fintech News Desk0
New Integration Offers Shoppers Flexibility in Payment Methods and Checkout Channel Bold Commerce, the ecommerce technology company that powers checkout and subscription experiences for leading retailers and DTC brands, announced a new integration with PayPal, the financial technology company that empowers consumers and merchants to join and thrive in the global......
Lumiant Partners with DMW Strategic Consulting to Upgrade the Financial Advice Experience
Finance News

Lumiant Partners with DMW Strategic Consulting to Upgrade the Financial Advice Experience

Fintech News Desk
by Fintech News Desk0
The partnership will support advisors as they pivot toward a more memorable, impactful and deeply personal financial planning experience Lumiant, an advice and client engagement platform that empowers advisors to connect with clients and families around their lives, values and finances, announced a partnership with DMW Strategic Consulting that will support......
DailyPay Announces $260 Million in New Funding
Digital Payments Fintech News

DailyPay Announces $260 Million in New Funding

Fintech News Desk
by Fintech News Desk0
Funds will be used to drive growth, product innovation and international expansion for the leading on-demand pay provider DailyPay, a leading financial technology company, announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit......
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