Search Results for: $1 million fund

Wells Fargo Invests in Six Black-Owned Bank
Banking Business Fintech Investment Services News

Wells Fargo Invests in Six Black-Owned Bank

Fintech News Desk
by Fintech News Desk0
Wells Fargo today announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned banks. As part of the capital investment, the banks will have access to a dedicated Wells Fargo relationship team that......
London Based Fusion Consulting Group Enters The Financial Services Sector
Banking Fintech Mobile Banking News

MoneyLion, America’s Leading Digital Financial Platform, to Become Publicly Traded via Merger with Fusion Acquisition Corp.

Fintech News Desk
by Fintech News Desk0
– MoneyLion Uses the Power of Technology to Empower Hard-Working Americans to Take Control of Their Finances so That They Can Achieve Their Life Goals – – Proprietary FinTech Platform Delivers Comprehensive Suite of Products That Makes It More Engaging to Bank, Borrow, Save, Invest, and Grow – All in......
InfiniGold Raises $6.25m and Rebrands as Trovio
Blockchain Digital Fintech Fintech Funding News

InfiniGold Raises $6.25m and Rebrands as Trovio

Fintech News Desk
by Fintech News Desk0
InfiniGold, leading commodity digitization and registry service, incubated out of Australia’s Rozetta Institute that is pioneering the tokenization of commodities on private and public blockchains, has raised $6.25 million AUD in a Series B funding round. The company also rebrands to a new name, Trovio, reflecting the agnostic nature of......
Hardbacon Announces Its Intent to Go Public in 2021
Business Fintech Fintech Funding News Trading

Hardbacon Announces Its Intent to Go Public in 2021

Fintech News Desk
by Fintech News Desk0
Hardbacon, a personal finance application used by more than 25,000 Canadians, has announced its intention to go public in 2021. The company has proved itself a pioneer in equity crowdfunding with over 1,000 shareholders. Hardbacon raised more than $1 million through its first two rounds on the regulated GoTroo and......
FirstBank Extends Growth Streak to 13 Years Alongside Record-Breaking Colorado Gives Day Support
Banking Fintech News

FirstBank Extends Growth Streak to 13 Years Alongside Record-Breaking Colorado Gives Day Support

Fintech News Desk
by Fintech News Desk0
Commitment to customer, communities and employees guides bank through an unprecedented year FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” closed out 2020 with 13 consecutive years of year-over-year growth in total assets, deposits, and loans despite the most challenging economic environment......
Fiserv Helps More Businesses Get Back2Business with Expanded Commitment to Minority-owned Small Business Community
B2B Business Fintech Investment Services News

Fiserv Helps More Businesses Get Back2Business with Expanded Commitment to Minority-owned Small Business Community

Fintech News Desk
by Fintech News Desk0
Company designates $50 million for its Back2Business program, designed to help small minority-owned businesses affected by COVID-19 pandemic, and associated initiatives Fiserv, a leading global provider of payments and financial services technology solutions, announced today that is has designated $50 million for investment in its Back2Business program and associated initiatives, an increase......
Fair, Neobank and Financial Services Platform, Raises $20MM in 40 Days with Focus on People Over Profit
Banking Fintech News

Fair, Neobank and Financial Services Platform, Raises $20MM in 40 Days with Focus on People Over Profit

Fintech News Desk
by Fintech News Desk0
With an April launch, the ethical, membership-based platform will include multilingual services, free account-to-account international money transfers and interest-free loans Fair, a multilingual neobank and financial services platform, will open early bird membership enrollment in March, with a public launch in April. The membership-based fintech startup aims to empower consumers with......
Wells Fargo Invests in Six Black-Owned Banks
Banking Business Fintech Investment Services News

Wells Fargo Invests in Six Black-Owned Banks

Fintech News Desk
by Fintech News Desk0
Investment is part of a $50 million pledge to help minority institutions and the bank’s larger commitment to foster an inclusive recovery Wells Fargo today announced equity investments in six African American Minority Depository Institutions (MDIs) as part of its March 10, 2020, pledge to invest up to $50 million in Black-owned......
Euroclear: A robust performance in an exceptional year for financial markets
Business Capital Markets News

Euroclear: A Robust Performance In An Exceptional Year For Financial Markets

Fintech News Desk
by Fintech News Desk0
Euroclear reports results for the year ending 31 December 2020 Euroclear delivered a Stable Financial Performance : 1. Operating income flat compared to FY 2019 at EUR 1430 million as strong business income growth offset the impact of lower interest rates 2. Business Income rose 12% to EUR 1280 million......
Bridge Mutual and AllianceBlock Partner to Provide Compliant Coverage to DeFi
Blockchain Business Digital Fintech News

Bridge Mutual and AllianceBlock Partner to Provide Compliant Coverage to DeFi

Fintech News Desk
by Fintech News Desk0
Partners will provide traditional investors with a compliant bridge to DeFi protected by decentralized coverage Bridge Mutual, the decentralized, peer-to-peer discretionary coverage platform for digital assets, today announced a partnership with AllianceBlock, a decentralized, blockchain-agnostic layer 2 protocol that bridges traditional and decentralized finance. Through this partnership, Bridge Mutual and......
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