Search Results for: Venture Capital

Checkout.com Triples Valuation to $15bn with $450m Series C Fundraise, Accelerating Global Expansion
Fintech Investment Services News

Checkout.com Triples Valuation to $15bn with $450m Series C Fundraise, Accelerating Global Expansion

Fintech News Desk
Checkout.com, the leading Connected Paymentsâ„¢ solutions provider, announced that it closed a $450 million Series C fundraising round. This gives the business a post-money valuation of $15 billion, making it the fourth largest fintech globally and EMEA’s most valuable venture-backed business(1), as the business continues to expand across the globe. Read More:......
Walmart Announces Creation of New Fintech Startup
Fintech Fintech Startups News

Walmart Announces Creation of New Fintech Startup

Fintech News Desk
Partners with industry leader Ribbit Capital to offer next generation digital financial products Today, Walmart announced the creation of a new fintech startup designed to develop and offer modern, innovative and affordable financial solutions. The new company is a strategic partnership with leading fintech investment firm Ribbit Capital. The venture......
Enfusion Receives $150M Investment from ICONIQ Growth as it Continues to Redefine Investment Management Technology Solutions
Fintech Investment Services News

Enfusion Receives $150M Investment from ICONIQ Growth as it Continues to Redefine Investment Management Technology Solutions

Fintech News Desk
Company Achieves $1.5 Billion Valuation Enfusion, a global leader in investment management technology solutions and services, announced that it has received a $150 million minority investment from ICONIQ Growth. The funding is an endorsement of Enfusion’s pioneering cloud-native SaaS approach to breaking technological barriers and removing informational and operational constraints for......
Altruist Raises Funding, Adds to Board of Directors to Accelerate Efforts to Disrupt Custodial Offerings for Advisors
Business Fintech Fintech Funding Investment Services News

Altruist Raises Funding, Adds to Board of Directors to Accelerate Efforts to Disrupt Custodial Offerings for Advisors

Fintech News Desk
Bill McNabb, former Chairman and CEO of Vanguard, joins Altruist’s Board of Directors Altruist, a fully-integrated digital investment platform for financial advisors, announced it has closed an additional round of funding that will accelerate its mission of disrupting the custodial offering for independent advisors. The company will use the new......
Augmentum Enters the DeFi Space with ParaFi
Fintech News

Augmentum Enters the DeFi Space with ParaFi

Fintech News Desk
As we kick off 2021 we are delighted to announce our investment in and partnership with ParaFi Capital, who are backing pioneers in the decentralised finance (DeFi) and blockchain spaces. We have outlined below our investment rationale on the emerging DeFi space and why we chose to back the ParaFi......
BBVA adds subscription management and utility price alerts to mobile app
Fintech Fintech Funding News

BBVA Sells U.S. Subsidiary to PNC for $11.6 Billion

Fintech News Desk
BBVA has agreed to sell to PNC its subsidiary in the U.S. for $11.6 billion (€9.7 billion¹) in cash, an amount that represents 19.7 times the unit’s 2019 earnings², and that is almost 50% of BBVA’s current market capitalization, creating significant value for shareholders. The transaction will have a positive impact on......
Laurentian Bank of Canada Announces CFO Succession Process
Banking Fintech News

Laurentian Bank of Canada Announces CFO Succession Process

Fintech News Desk
Yvan Deschamps to assume Chief Financial Officer role as François Laurin announces planned retirement from Laurentian Bank Laurentian Bank is pleased to announce that Yvan Deschamps has been appointed to the position of Executive Vice President and Chief Financial Officer of the organization, effective April 6, 2021. Mr. Deschamps succeeds......
Mambu Raises €110 Million in Funding Round Led by TCV
Banking Fintech Fintech Funding News

Mambu Raises €110 Million in Funding Round Led by TCV

Fintech News Desk
Mambu, the market-leading SaaS banking platform, today announced its latest funding round of €110 million ($134 million USD) in new capital. This round was led by TCV, whose investments include Netflix, RELEX, Spotify, and WorldRemit. Additional investment was received by Tiger Global and Arena Holdings, as well as existing investors......
Divvy Raises $165 Million at a $1.6 Billion Valuation
Business Fintech Investment Services News

Divvy Raises $165 Million at a $1.6 Billion Valuation

Fintech News Desk
Series D Investment will drive Divvy’s expansion beyond business expense management Divvy, a leader in spend management,  announced a $165 million funding round at a valuation of $1.6 billion. The Series D investment includes new investors Hanaco, PayPal Ventures, Whale Rock, Schonfeld, and participation from previous backers NEA, Insight Venture Partners, Acrew,......
SimpleNexus-Secures-_108M-to-Transform-the-Homeownership-Journey-into-a-Seamlessly-Connected-Experience
Banking Fintech InsurTech Investment Services News

SimpleNexus Secures $108M to Transform The Homeownership Journey Into A Seamlessly Connected Experience

Fintech News Desk
SimpleNexus ,developer of the leading homeownership platform connecting loan officers, borrowers, real estate agents and settlement agents, has received a follow-on investment of $108 million in Series B funding led by global venture-capital and private-equity firm Insight Partners. Read More: Aurora Mobile Partners with Taikang Life Insurance to Strengthen Smart Insurance......
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