Search Results for: inaugural funding

Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network
Digital Payments Finance Fintech News

Huma Raises $38M to Hyper-scale its Payment Financing (PayFi) Network

PR Newswire
by PR Newswire0
Huma Finance is transforming payment financing by utilizing real-world assets to deliver instant and borderless liquidity, enabling faster, more accessible, and more efficient financial solutions. Huma, the first Payment Financing (PayFi) network, announced that it has raised $38 million in funding. Distributed Global led the equity round, with significant participation......
Illuma Labs Closes $9M Series-A to Accelerate Innovation and Battle Emerging Fraud Threats Targeting Banking Institutions
Finance Fintech News

Illuma Labs Closes $9M Series-A to Accelerate Innovation and Battle Emerging Fraud Threats Targeting Banking Institutions

Business Wire
by Business Wire0
Illuma Labs, a leader in voice authentication technology for banking contact centers, has secured $9 million in Series A funding led by LiveOak Ventures, with participation from Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU. This investment will accelerate the development of Illuma’s voice verification solutions, addressing......
PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth
Fintech News

PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth

PR Newswire
by PR Newswire0
This is PowerPay’s first securitization (PWRP 2024-1). The Company partnered with CapitalOne Securities and Chartway Federal Credit Union, Virginia Beach, VA to achieve this milestone. PowerPay, a leading fintech company specializing in real-time lending and payment solutions for contractors and physicians announced the closing of their inaugural securitization obtained by......
Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region's Fastest-Growing IFC
Investment Services News

Abu Dhabi: The Capital of Capital Ends 2023 with ADGM as the Region’s Fastest-Growing IFC

PR Newswire
by PR Newswire0
Abu Dhabi Global Market (ADGM), has declared 2023 as a year of success for the international financial centre of the UAE’s capital, highlighting its performance as the fastest-growing financial centre in the region for two consecutive years, as well as Abu Dhabi’s rise as a globally recognised financial hub. ADGM had a......
DIFC's Strategic Initiatives Drive Dubai’s Emergence as a Global Hub for Sustainable Finance Fundraising
Finance News

DIFC’s Strategic Initiatives Drive Dubai’s Emergence as a Global Hub for Sustainable Finance Fundraising

PR Newswire
by PR Newswire0
DIFC launches Sustainable Finance Catalyst to scale sustainable finance from Dubai enabled by first AI-driven sustainability knowledge hub. Sustainable Finance Catalyst set to grow sustainable finance raised from Dubai to USD100 billion by 2030. The Sustainable Finance Catalyst aims to support 1 million future sustainability leaders by providing easy access to curated sustainability training programmes, knowledge......
Lightspeed Faction Launches _285 Million Venture Fund for Blockchain Startups
Blockchain News

Lightspeed Faction Launches $285 Million Venture Fund for Blockchain Startups

PR Newswire
by PR Newswire0
Fund will focus primarily on early-stage projects primed to advance the crypto industry Lightspeed Faction, a leading blockchain-focused venture capital firm, announced the launch of its inaugural $285 million venture fund. Faction will primarily invest in early stage blockchain projects and serve as a long-term capital partner as these projects scale. In addition......
Valeo Completes A €600 Million Debut Green Bond and Welcomes The European Investment Bank For Its Important Participation
Investment Services News

Valeo Completes A €600 Million Debut Green Bond and Welcomes The European Investment Bank For Its Important Participation

GlobeNewswire
by GlobeNewswire0
Valeo announces the successful completion of its inaugural green bond, raising 600m worth of bonds. The European Investment Bank (EIB) has subscribed in the amount of 150m euros in what is the first green bond issued by Valeo. A key feature of this operation is the establishment of a pioneering......
First Home Mortgage Corporation Expands to Sevierville, TN with New Branch Led by Brad Guinn
Lending Mortgage News

First Home Mortgage Corporation Expands to Sevierville, TN with New Branch Led by Brad Guinn

PR Newswire
by PR Newswire0
Veteran Mortgage Professional to Head Inaugural Tennessee Office First Home Mortgage Corporation, a leading mortgage financing company, has announced the opening of a new office branch in Sevierville, Tennessee – the lender’s first location within the state and the latest installment in a series of strategic expansions. At the helm of operations......
FedML Closes $11.5 Million Seed Round to Help Companies Build and Train Custom Generative AI Models
Machine Learning News

FedML Closes $11.5 Million Seed Round to Help Companies Build and Train Custom Generative AI Models

Business Wire
by Business Wire0
FedML announced that it closed $11.5 million in seed funding to expand development and adoption for its distributed MLOps platform, which helps companies efficiently train and serve custom generative AI and large language models using proprietary data, while reducing costs through decentralized GPU cloud resources shared by the community. @FedML_AI announced......
Slide Insurance Raises Additional $35 Million of Capital
InsurTech News

Slide Insurance Raises Additional $35 Million of Capital

Business Wire
by Business Wire0
Investment Fortifies Financial Position of Florida-Based Insurtech Slide Insurance, a full-stack insurtech focused on homeowners insurance, announced the closing of a $35 million senior credit facility with Regions Bank. “Regions has a long track record of success with growth-oriented companies in the property and casualty insurance industry” “Securing the capital......
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