Search Results for: Traditional banks

Umpqua Bank Contributes $15.5 Million to Washington's Small Business Flex Fund
Banking Fintech Funding News

Umpqua Bank Contributes $15.5 Million to Washington’s Small Business Flex Fund

Fintech News Desk
by Fintech News Desk0
This additional private-sector commitment brings the fund’s total to $85.5 million for the first-of-its-kind state small business lending program The Small Business Flex Fund announced that it has received $15.5 million in committed capital from Umpqua Bank. The Flex Fund has now raised a total of $85.5 million that will benefit small businesses and......
BlockFills to List CME Group Cryptocurrency Derivatives Products
Cryptocurrency Digital Asset Management News

BlockFills Closes $37 Million Series A Funding Round to Continue Global Expansion and Scale Existing Core Verticals

Fintech News Desk
by Fintech News Desk0
BlockFills, a fast-growing global digital asset trading and financial technology company, announced the completion of a Series A funding round totaling $37 million. The round was led by institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6E, Nexo Inc. and several other institutional investors and funds. This is the second multimillion-dollar......
April Launches Tax Platform To Help Americans File Fast, Partners With Leading Fintech Companies
Fintech News

April Launches Tax Platform To Help Americans File Fast, Partners With Leading Fintech Companies

Fintech News Desk
by Fintech News Desk0
Founders of Acorns, Betterment, eToro, Lemonade and Quovo Back AI-powered Platform for Tax Prep and Filing, Built by Execs from Deloitte and Waze April (April Tax Solutions Inc.), a tech-powered tax platform that simplifies the filing process and integrates tax preparation into broader financial wellness, launched operations , in partnership......
Collectius Strengthens Position as Debt Management Fintech Leader in Asia With 100% Increase in AUM and Over 50% Growth in Portfolio, Revenue and Customer Volume
Fintech News

Collectius Strengthens Position as Debt Management Fintech Leader in Asia With 100% Increase in AUM and Over 50% Growth in Portfolio, Revenue and Customer Volume

Fintech News Desk
by Fintech News Desk0
Collectius doubled its assets under management (AUM) at US$5 billion, up from US$2.5 billion in the previous year. The debt management fintech leader also saw a 53% growth in portfolio volume with the acquisition of 19 NPL portfolios in 2021, along with a revenue growth of 53% and a 56%......
Verdant Capital and KfW Establish New Fund to Support Micro, MSME Growth in Africa
Finance Fintech News

Verdant Capital and KfW Establish New Fund to Support Micro, MSME Growth in Africa

Fintech News Desk
by Fintech News Desk0
The fund is targeting high developmental impact, including job creation and income generation through SMEs and micro-entrepreneurship Verdant Capital Hybrid Fund initially has USD 36 million of committed capital; Support for micro, small and medium-sized enterprises (MSME) through investment in financial institutions; Better access to financing, creation of employment and......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech News Desk
by Fintech News Desk0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
Ramon Looby Marks Inaugural Year as Maryland Bankers Association CEO
Finance News

Ramon Looby Marks Inaugural Year as Maryland Bankers Association CEO

Fintech News Desk
by Fintech News Desk0
COVID recovery, financial inclusion among key initiatives This week, Ramon Looby marks his first year as CEO and President of the Maryland Bankers Association (MBA). During his tenure, Looby has overseen the growth of the organization as well as the expansion of services to members. In particular, Looby points to......
Arc Raises $161 Million to Launch Full-Service Finance Platform for SaaS
Finance Fintech Funding News

Arc Raises $161 Million to Launch Full-Service Finance Platform for SaaS

Fintech News Desk
by Fintech News Desk0
Fintech platform backed by NFX, Bain Capital, Clocktower, Torch, and Y Combinator is transforming financial services for premium SaaS startups through founder-friendly products and dilution-free capital Arc, the full-service finance platform for SaaS, emerged from stealth with $161 million in total funding from equity and credit investors. In partnership with......
Koia Raises $1.4 Million Pre-seed Round Led by Seedcamp
Investment Services News

Koia Raises $1.4 Million Pre-seed Round Led by Seedcamp

Fintech News Desk
by Fintech News Desk0
Koia, a new investment platform which is bringing alternative assets to Europe, is announcing a $1.4 million pre-seed round. Investors in the round include Seedcamp, RTP, Portfolio Ventures and angels. The new investors are joining Koia’s earlier backers, who include co-founders of Monzo and Freetrade. Koia’s mission is to make alternative assets accessible......
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