Search Results for: Venture Capital

Stori Raises $32M Series B Round To Become Mexico's leading Credit Card Issuer For The Rising Middle Class
Fintech InsurTech Investment Services News Risk Management

Stori Raises $32M Series B Round To Become Mexico’s leading Credit Card Issuer For The Rising Middle Class

Fintech News Desk
by Fintech News Desk0
Consumer fintech Stori announced today that it has raised $32.5 million Series B funding led by Silicon Valley-based Lightspeed Venture Partners with participation from existing investors Vision Plus Capital, BAI Capital and Source Code Capital. The new financing will support the company’s rapid growth as it is quickly becoming a......
Petal Closes New $200 Million Debt Facility from Victory Park Capital, Raises Additional Debt and Equity Funding
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Petal Gets $125m Debt Facility

Fintech News Desk
by Fintech News Desk0
Petal, a new kind of credit card company created to help people build credit and spend responsibly, today announced that it has closed a new committed debt facility –totaling more than $125 million– that will enable the company to expand and support the fast-growing Petal credit card program. Read More: Aurora......
MoneyGram Announces Election of Three New Directors to the Board
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MoneyGram Announces Election of Three New Directors to the Board

Fintech News Desk
by Fintech News Desk0
MoneyGram elects Alka Gupta, Francisco Lorca and Julie E. Silcock, three executives with diverse experience across fintech, global payments, enterprise technology and investment banking industries MoneyGram International, Inc., today announced the election of Alka Gupta, Co-Founder of and current Director at globaliD, Inc., a venture-backed company building a portable and......
Penta Raises Further Millions: Series B+ Now Totals 30m Euro
Fintech Fintech Funding News

Penta Raises Further Millions: Series B+ Now Totals 30M Euro

Fintech News Desk
by Fintech News Desk0
Penta manages to  top up its series B investment Due to a positive business development and strong business performance, all existing investors increase their initial investment, with ABN AMRO Ventures taking the lead as strategic investor The financing round will be used to further expand Penta’s business model Following Penta’s......
FundGuard Closes $12 Million Series A Funding Round to Accelerate Growth of First AI-Powered Investment Management Enterprise SaaS Platform
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FundGuard Closes $12 Million Series A Funding Round to Accelerate Growth of First AI-Powered Investment Management Enterprise SaaS Platform

Fintech News Desk
by Fintech News Desk0
Investment will drive product development, entry to new markets and grow the executive team FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, today announced that it has closed a $12 million Series A funding round. The financing is being led by Team8 and existing investors Blumberg Capital and LionBird Ventures. Read More:......
Biggest Fintech Mergers and Funding News from Jan 2021
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Biggest Fintech Mergers and Funding News from Jan 2021

Fintech News Desk
by Fintech News Desk0
Where 2020 was not a good year for most industries, the Fintech market marked a high growth curve as businesses, process, and even daily lives went virtual. In the absence of physical contacts, individuals relied heavily on the virtual services to disburse and access funds. This is where Fintech solutions......
Alpha Bank Enters into Definitive Agreement with Davidson Kempnerover Euro 10.8 Billion Galaxy Portfolio and 80% in Cepal Holdings
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Alpha Bank Enters into Definitive Agreement with Davidson Kempnerover Euro 10.8 Billion Galaxy Portfolio and 80% in Cepal Holdings

Fintech News Desk
by Fintech News Desk0
Second largest rated NPE securitization in Europe at Euro 10.8 billion GBV Landmark transaction significantly de-risks Alpha Bank’s balance sheet while maintaining market-leading capital position Alpha Bank’s NPE ratio and NPL ratio in Greece will fall to 24% and 13% respectively Davidson Kempner acquires 80% of Cepal Holdings and 51%......
VC Investment in Fintech More Than Doubles in Second Half of 2020 – Expected to Remain Strong Into 2021, According to KPMG’s Pulse of Fintech
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VC Investment in Fintech More Than Doubles in Second Half of 2020 – Expected to Remain Strong Into 2021, According to KPMG’s Pulse of Fintech

Fintech News Desk
by Fintech News Desk0
Global fintech investment was US$105 billion in 2020 – the third highest annual total ever thanks to strong VC investment throughout the year US$71.9 billion in fintech investment (M&A, PE, and VC) in H2’20, compared to US$33.4 billion seen in H1’20 US$42 billion in fintech-focused VC investment makes 2020 second......
Borrowell Raises $25 Million In New Funding And Completes Acquisition Of Refresh Financial
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Borrowell Raises $25 Million In New Funding And Completes Acquisition Of Refresh Financial

Fintech News Desk
by Fintech News Desk0
Additional funds will accelerate growth of Borrowell’s 1.5+ million member base and development of new products and services for consumers looking to achieve their financial goals Borrowell, Canada’s leading credit education company and one of its largest financial technology (fintech) companies, today announced it has completed the acquisition of Refresh......
New Columbus, Ohio Insurtech Company, Circulo, Raises $50M to Disrupt Medicaid
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New Columbus, Ohio Insurtech Company, Circulo, Raises $50M to Disrupt Medicaid

Fintech News Desk
by Fintech News Desk0
Drive Capital and General Catalyst Lead Circulo Series A with Oak HC/FT and SVB Capital Participating Circulo starts with $50M out of the gate to bring much needed, disruptive innovation to Medicaid Managed Care. Medicaid is a cornerstone of the U.S. healthcare system and is often passed over by venture backed startups......
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