Search Results for: financing round 

AutoFi Shifts Into High Gear Due to Market Growth in Online Vehicle Purchases
Business News

AutoFi Shifts Into High Gear Due to Market Growth in Online Vehicle Purchases

Fintech News Desk
by Fintech News Desk0
FinTech company commands 10% of automotive franchise market by helping dealers thrive in new digital-first economy; expands executive team with 4 industry stalwarts A silver lining of the COVID-19 cloud has been rapid innovation within the automotive industry despite showroom closures. Car dealers have quickly responded to consumer preferences for......
Blockchain Cryptocurrency Fintech News

DCG Enters into Bitcoin Mining with Newest Subsidiary: Foundry

Fintech News Desk
by Fintech News Desk0
 The new company will provide capital and advisory services to empower the digital asset mining ecosystem DCG commits to $100 million investment in Foundry through 2021 Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies, today announced a new wholly-owned subsidiary: Foundry. Quietly formed in 2019,......
Instant ID Verification Provider Berbix Raises $9 Million Series A Led by Mayfield
Fintech News

Instant ID Verification Provider Berbix Raises $9 Million Series A Led by Mayfield

Fintech News Desk
by Fintech News Desk0
Berbix, an instant identity verification platform founded by former Airbnb Trust and Safety team members, announced a $9 million Series A round of financing led by Mayfield, with participation from existing investors including Initialized Capital, Y Combinator and Fika Ventures. Patrick Salyer, Mayfield partner, joins the board, with the capital being earmarked......
Affirm Announces Plans For Its First Card with Access to Buy Now, Pay Later
Fintech News

Affirm and David’s Bridal Partner to Bring Brides a Modern Payment Solution

Fintech News Desk
by Fintech News Desk0
Brides Can Now Make Purchases on Their Own Terms with Simple Monthly Payments, No Hidden Fees Affirm, a more flexible and transparent way to pay, today announced its partnership with David’s Bridal, the nation’s leading bridal and special occasion authority. Together, Affirm and David’s Bridal will now enable qualified customers to......
Finix Extends Series B to $75 Million to Help SaaS Companies Build Better Digital Payments Experiences
Fintech Fintech Funding Mobile Banking News

Finix Extends Series B to $75 Million to Help SaaS Companies Build Better Digital Payments Experiences

Fintech News Desk
by Fintech News Desk0
Lightspeed Venture Partners and American Express Ventures participated in the round as software companies increasingly look to become payments companies Finix, the payments infrastructure company, has raised additional funding to help vertical Software-as-a-Service (SaaS) providers and fintech companies build better payments experiences for their merchants, bringing Finix’s total funding to $96......
Fintech News

Open Payments raises 3 MEUR seed funding backed by Industrifonden

Fintech News Desk
by Fintech News Desk0
Sweden FinTech Open Payments has raised a 3 MEUR seed round. Leading the round is Industrifonden, existing investors Brightly Ventures, Luminar Ventures, and angel investors also participated. The capital will be used to continue to grow the team and establish the platform in the Nordic and European market. Read More: AssetMark......
Fintech News

ValueSetters and Netcapital to Merge

Fintech News Desk
by Fintech News Desk0
ValueSetters, Inc. (OTC:VSTR) and Netcapital today announced that the companies have reached a definitive agreement under which ValueSetters will merge with Netcapital in an all-stock transaction. The total consideration for Netcapital is approximately $20 million paid in shares of ValueSetters common stock. This combination creates a powerful fintech leader with a full range......
Artis Secures Another $1.5 Million in Latest Investment
Fintech Startups Investment Services News

Artis Secures Another $1.5 Million in Latest Investment

Fintech News Desk
by Fintech News Desk0
Atlanta-based fintech startup opens seed round in support of onboarding first financial partners and growing capabilities of consumer loan platforms Artis Technologies provides modern lending solutions for businesses to offer affordable, low-friction financing to their customers at the point of need. The company has closed its first institutional investor in......
The FinTech Sector Will Lead M&A Activity Out of the Doldrums, and This Is Why …   
Fintech Fintech Funding Guest Posts InsurTech Investment Services

The FinTech Sector Will Lead M&A Activity Out of the Doldrums, and This Is Why …   

Nicky Cotter
by Nicky Cotter0
Seven months into a global pandemic, the harsh lessons learned are creating a sweet spot for FinTech companies and start-ups and an expected uptick in deals involving US tech giants. And while lagging 2019 levels, we’ve seen US-based deal activity rise 3% in 2020. On the M&A side we saw big acquisitions with FIS acquiring Worldpay for $35Bn and Fiserv acquiring First......
CVentures, Commercial International Bank's Venture Capital Arm Invests in MagicCube's Contactless SoftPos Platform and its Differentiating Software Defined Trust
News

Visa Invests in MagicCube’s Contactless SoftPOS & PIN Platform and Its Differentiating Software Defined Trust (SDT)

Fintech News Desk
by Fintech News Desk0
MagicCube, the creator of the world’s only Software Trusted Execution Environment platform, today announced a strategic investment from Visa. Visa, which previously invested in the company, is renewing its support for MagicCube with this latest financing as the company continues to gain momentum in global partnerships and customers to bring......
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