Search Results for: equity

Brex Acquires Pry Financials to Expand Its Software Capabilities for Founders
Finance News

Brex Acquires Pry Financials to Expand Its Software Capabilities for Founders

Fintech News Desk
by Fintech News Desk0
The acquisition gives founders sophisticated, and yet easy-to-use, tools for cash and financial management Brex, the company reimagining finance for growing businesses, announced  its acquisition of Pry Financials, a software platform with tools designed to enable budgeting, bookkeeping and forecasting, for $90 million. Cash flow forecasting and runway planning can make......
Delivering Comprehensive Financial Services to the Innovation Economy, SVB Financial Group Rebrands to Reflect Growth
Banking Finance News

Delivering Comprehensive Financial Services to the Innovation Economy, SVB Financial Group Rebrands to Reflect Growth

Fintech News Desk
by Fintech News Desk0
“SVB” to represent the company’s full offering: Silicon Valley Bank, SVB Capital, SVB Private, and SVB Securities SVB Financial Group (SVB), the financial partner of the innovation economy, announced a rebrand of its four primary businesses — Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities — under the......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc., the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising interest rates, and previewed business developments at its Avenu Banking-as-a-Service (BaaS) subsidiary. Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income......
New Report from TransUnion Reveals Rising Prices Stifle Canadians’ Personal Finance Optimism
Finance News

New Report from TransUnion Reveals Rising Prices Stifle Canadians’ Personal Finance Optimism

Fintech News Desk
by Fintech News Desk0
More than half of Canadians (56%) surveyed report that inflation and interest rate concerns impact purchasing behaviour despite current positivity TransUnion’s most recent Consumer Pulse study shows that while the majority of Canadians feel positive about their current personal finances as the economy continues to reopen, concerns about longer-term macro-economic pressures......
Shipium Raises $27.5 Million Series A to Provide E-Commerce Retailers with the Tech Stack Required to Compete with Amazon
E-commerce News

Shipium Raises $27.5 Million Series A to Provide E-Commerce Retailers with the Tech Stack Required to Compete with Amazon

Fintech News Desk
by Fintech News Desk0
This funding round marks the largest venture-backed Series A for a supply chain software startup in industry history Shipium, the technology-driven supply chain and logistics company seeking to solve “the Prime problem,”  announced the raise of its $27.5M Series A led by New York-based private equity and venture capital firm Insight Partners. Shipium......
Endeavor Bank Recognized as a Super Premier Bank by The Findley Reports
Banking News

Endeavor Bank Recognized as a Super Premier Bank by The Findley Reports

Fintech News Desk
by Fintech News Desk0
Community bank receives prestigious distinction from highly regarded reporting firm for their performance in 2021 Endeavor Bank is pleased to announce that the Bank has achieved a Super Premier Performance rating by The Findley Reports based upon its 2021 operating results. Endeavor Bank is one of 84 banks that received a......
Leading Growth Investors Acquire Minority Stake in Coda Payments, the Content Monetization Platform
Digital Payments News

Leading Growth Investors Acquire Minority Stake in Coda Payments, the Content Monetization Platform

Fintech News Desk
by Fintech News Desk0
Smash Capital, Insight Partners, and GIC invest $690 million in the cross-border monetization provider as brand expands into more territories Coda Payments, the world’s leading independent platform for digital content monetization, announced that a consortium of top-tier growth investors has acquired a minority stake in the company. Smash Capital, New York-based global private......
PolySign Acquires Top Cryptocurrency and Digital Asset Fund Administrator MG Stover
Cryptocurrency Digital Asset Management News

PolySign Acquires Top Cryptocurrency and Digital Asset Fund Administrator MG Stover

Fintech News Desk
by Fintech News Desk0
Group of institutional and venture capital Series C investors empower PolySign in becoming first provider of vertically-integrated custody, trading and fund administration services to institutional investors for cryptocurrency and digital assets PolySign Inc., in its latest development to improve the quality and breadth of digital asset infrastructure available to institutional......
Apexon and Infostretch Complete Merger
Analytics News

Apexon and Infostretch Complete Merger

Fintech News Desk
by Fintech News Desk0
Combination creates digital engineering services powerhouse and scales capabilities in financial services, healthcare and technology sectors Technosoft Corporation, doing business as Apexon, and Infostretch Corporation announced that they have completed their merger. The combined entity will operate under the Apexon brand and continue to operate under the ownership of funds managed by each......
NMB Financial Corporation/New Millennium Bank Announces Proposal to Acquire Noah Bank and Potential US Treasury ECIP Investment
Banking Investment Services News

NMB Financial Corporation/New Millennium Bank Announces Proposal to Acquire Noah Bank and Potential US Treasury ECIP Investment

Fintech News Desk
by Fintech News Desk0
NMB Financial Corporation a bank holding company and parent of New Millennium Bank, announced that a Letter of Intent has been sent to the Board of Directors of Noah Bank, Elkins Park, Pennsylvania related to a cash acquisition of Noah. The Letter of Intent provides for the cash acquisition of......
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