Search Results for: capital markets

Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term
Fintech Fintech Funding News

Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term

Fintech News Desk
by Fintech News Desk0
Atom, the UK’s first app-based bank, is to raise £40m from existing shareholders as it moves to profitability from its mortgage and business lending within a year, and to IPO the year after. Read More: Aurus Technologies Brings Gold Tokenization to Chile and Latin America Atom’s revenues are growing strongly......
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......
TSG and Clearent Merge to Form Xplor, a Global Platform Integrating Software, Payments and Commerce-Enabling Solutions
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TSG and Clearent Merge to Form Xplor, a Global Platform Integrating Software, Payments and Commerce-Enabling Solutions

Fintech News Desk
by Fintech News Desk0
New company to serve five fast-growing verticals spanning everyday life activities. Transaction combines two Advent International portfolio companies. Clearent, a full-service, integrated payment solutions provider based in the United States and Transaction Services Group (TSG), a global provider of business management software and integrated payments for the subscription economy, today......
Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World's First Bank-Issued Deposit-Based Digital Currency
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Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World’s First Bank-Issued Deposit-Based Digital Currency

Fintech News Desk
by Fintech News Desk0
Toronto-based Stablecorp is partnering with a consortium of highly strategic investors led by Canadian Schedule 1 Bank VersaBank, DV Private Investments, Borderless Capital and a major U.S. Bitcoin financial services firm. These new consortium members will join existing strategic investors 3iQ and Mavennet to launch VCAD and catalyze growth of......
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......
JPMorgan Chase Announces Initiatives to Support Minority-Owned and Diverse-Led Financial Institutions
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JPMorgan Chase Announces Initiatives to Support Minority-Owned and Diverse-Led Financial Institutions

Fintech News Desk
by Fintech News Desk0
JPMorgan Chase today announced initiatives to further support Minority Depository Institutions (MDIs) and diverse-led Community Development Financial Institutions (CDFIs), as part of the firm’s recently announced $30 billion commitment to advancing racial equity. MDIs and CDFIs provide vital financial services in communities that are often underserved. In order to provide this necessary funding......
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:......
Big xyt Increases Global Footprint With Expansion to Asia Pacific
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Big xyt Increases Global Footprint With Expansion to Asia Pacific

Fintech News Desk
by Fintech News Desk0
big xyt, the independent provider of smart data and analytics solutions to the global trading and investment community, is pleased to announce Philip Barnes has joined their executive team as Managing Director, Head of Business Development in Asia Pacific. Navigating fragmented markets remains a challenge for participants needing easily digestible......
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