Search Results for: investment round

Alphacredit Enters Into an Agreement to Raise up to USD$125 Million From an Investor Group Led by SoftBank's Latin America Fund
Banking News

Alphacredit Enters Into an Agreement to Raise up to USD$125 Million From an Investor Group Led by SoftBank’s Latin America Fund

Fintech News Desk
by Fintech News Desk0
AlphaCredit, a Latin American-focused FinTech platform that specializes in consumer lending and financial solutions for SMEs, has signed an equity round for up to USD$125 million led by SoftBank’s Latin America Fund, one of the leading technology investors in the world. The equity infusion will allow AlphaCredit to consolidate its place as......
Socotra Raises $15.2 Million in Series B Funding to Transform Insurance IT
InsurTech News

Socotra Raises $15.2 Million in Series B Funding to Transform Insurance IT

Fintech News Desk
by Fintech News Desk0
Former New York Life President John Kim Joins Socotra Board Socotra, a San Francisco-based company with the only cloud-native core platform that enables insurance companies to rapidly develop and deploy new products, announced that it has raised $15.2 million in a Series B funding round led by Brewer Lane Ventures with......
Featured Fintech Radar Fintech Startups

Global Fintech Unicorns to Watch out For in 2020

Paroma Sen
by Paroma Sen0
A unicorn startup is one with a $1 Bn in valuation or more. As of December 2019, there were over 400 unicorns around the world, across multiple industries. More recently, the fintech industry has seen monster growth and change. Owing to the pace of development in the financial technology segment,......
Brylianze AI Platform Announcement
Artificial Intelligence Fintech News

Brylianze AI Platform Announcement

Fintech News Desk
by Fintech News Desk0
Artificial Intelligence for the Insurance Industry. Insurance focused IT services company, Brylianze, announces the development of an insurance Artificial Intelligence platform. “Artificial Intelligence will be a major thrust for insurance companies in the near future”, says Steve Addair, CEO of Brylianze. Addair continues: “AI will be a dominant software platform for insurance......
Outlier Raises $22.1M in Series B Funding to Oust Business Intelligence Dashboards
Business Fintech News

Outlier Raises $22.1M in Series B Funding to Oust Business Intelligence Dashboards

Fintech News Desk
by Fintech News Desk0
Outlier, the Leader in Automated Business Analysis Category, Is Growing 4x Year Over Year The adoption of AI-based and augmented analysis tools is on every business priority list in 2020. To maximize on the market opportunity, Outlier announced the close of its $22.1M Series B round of funding led by Emergence, with participation from......
Silicon Valley Coin by Andra Capital Uses Tezos Blockchain and TokenSoft for Its Security Token Offering
Blockchain Fintech News

Silicon Valley Coin by Andra Capital Uses Tezos Blockchain and TokenSoft for Its Security Token Offering

Fintech News Desk
by Fintech News Desk0
Investors Have Access to Pre-IPO Technology Companies Andra Capital, a San Francisco based venture capital firm, announced plans to issue Andra’s Silicon Valley Coin (SVC) via a Security Token Offering (STO). Collaborating with the Tezos Foundation, SVC will utilize TokenSoft’s issuance platform and be built on the Tezos blockchain. Andra Capital’s open-ended technology fund (the “Fund”)......
Canalyst Secures Series B Funding to Accelerate Market Expansion
Fintech News

Canalyst Secures Series B Funding to Accelerate Market Expansion

Fintech News Desk
by Fintech News Desk0
Financial Technology Firm Raises Additional Financing, Marking Its Success as an Efficiency Solution for Institutional Investors Amid Industry Compression Canalyst, the leading independent provider of fundamental models to institutional investors, announced that it has closed a $20 million Series B financing. The round was led by a strategic investor with participation......
Catalyst Fund Announces New £12 Million GBP Commitment From UK Aid and J.P. Morgan to Advance Financial Inclusion in Emerging Markets
Banking News

Catalyst Fund Announces New £12 Million GBP Commitment From UK Aid and J.P. Morgan to Advance Financial Inclusion in Emerging Markets

Fintech News Desk
by Fintech News Desk0
New Commitment to Help Fund the Growth of 30 Early-Stage Companies Focused on Advancing Financial Inclusion for Underserved Consumers Catalyst Fund, managed by BFA Global and Rockefeller Philanthropy Advisors (RPA), announced a new £12 million GBP ($15 million USD) commitment from UK aid and J.P. Morgan to advance financial inclusion for underserved people......
NICE Actimize Adds Cryptocurrency Innovator CipherTrace to X-Sight Marketplace to Enhance Due Diligence and Reduce Risk
Banking Fintech News

NICE Actimize Adds Cryptocurrency Innovator CipherTrace to X-Sight Marketplace to Enhance Due Diligence and Reduce Risk

Fintech News Desk
by Fintech News Desk0
Complementing NICE Actimize’s AML Solutions Portfolio, Ciphertrace Cryptocurrency Solutions Detect Money Laundering and Enable Regulatory Supervision With cryptocurrency-related compliance issues on the rise, and an increase in enforcement actions anticipated, the need for financial institutions to adopt solid AML programs addressing this market segment is expected to escalate this year.......
EY TaxChat Enters Global Consumer Market for Personal Tax Filing
Banking Fintech News

EY TaxChat Enters Global Consumer Market for Personal Tax Filing

Fintech News Desk
by Fintech News Desk0
EY announces EY TaxChat, the first direct-to-consumer EY tax service, which will be available to individual taxpayers in several countries around the world. An on-demand mobile tax preparation service, EY TaxChat offers personalized service from a licensed EY professional who will prepare and file tax returns on the taxpayer’s behalf.......
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