Search Results for: market investors
Fintech Terrapay Raises $9.6 Million From Prime Ventures, IFC, and Partech
TerraPay announced that a consortium of investors, including Prime Ventures, Partech Africa and management acquired the company for an undisclosed sum. In addition, the same investors, joined by IFC, invested $9.6 million in TerraPay to fund the company’s expansion. TerraPay, a company incubated by Comviva, the India-headquartered mobile solutions provider,......
As Investor Demographics Continue to Shift, TradeStation Group Announces Sponsorship With TradeOff, a Company Focused on Gamifying Trading
TradeOff brings gaming to Wall Street to engage with a new generation TradeStation Group, Inc., a Monex Group company, announced a sponsorship with TradeOff Technologies, LLC , a fantasy stock trading platform. As the financial industry continues to identify new ways to reach millennials, TradeOff is leveraging the soaring popularity......
Empower Closes $20 Million Series A Financing to Build AI-Powered Mobile Banking App Designed for Millennials
Funding will be used to fuel growth and product innovation as Empower reimagines consumer banking for today’s generation Empower, a high-growth mobile banking app in the US challenger bank category, announced $20 million in Series A funding. The financing included participation from new investors Icon Ventures, Defy Ventures, and David Velez, Founder and......
Holt Accelerator – Seeking the World’s Best Early Stage Fintechs to Join Cohort 3.0
Holt Fintech Accelerator is currently receiving applications for their 2020 cohort – version 3.0. This will be the third cohort following active investments in 18 top fintechs, enabling 30+ deals for their startups (ie. half with financial institutions as customers / partners, half with institutional investors), resulting in companies raising an......
iTrustCapital Survey: Millennials Are More Likely to Choose Bitcoin as the Best Investment During a Coronavirus Pandemic
iTrustCapital, a trading platform for cryptocurrencies and physical gold in retirement accounts, conducted a survey asking respondents what asset they felt was the best investment during a pandemic outbreak of the coronavirus. Respondents aged 30 to 44 were twice as likely to prefer Bitcoin or other cryptocurrencies than any other......
Comviva Divests its Stake in TerraPay to Prime Ventures, Partech Partners and International Finance Corporation (IFC)
TerraPay raises $9.6 million fund for company’s expansion Comviva, the global leader in mobility solutions, has announced its divestment of stake in TerraPay, for an undisclosed amount to a consortium of global investors. Prime Ventures and Partech Partners are co-investing in TerraPay, along with IFC, a member of the World Bank Group. Apart from acquiring......
Thought Machine Raises $83m in Series B Funding to Drive Global Growth and Banking Transformation Mission
Thought Machine’s series B round led by European technology investor Draper Esprit will drive global expansion and banking transformation mission Thought Machine, the cloud native core banking technology firm, has raised $83 million to drive the next phase of its growth. The funding will strengthen Thought Machine’s mission to transform......
DALBAR Agrees Investor Panic Is A Natural Response
As market response to Coronavirus continues to spiral, investor fear continues to fester. The actual risk of contracting the disease is low but markets are reflecting the possibility of a 100 year catastrophe. So what should investors do? Read More:Â The Timken Company Celebrates 120th Anniversary by Ringing NYSE Closing Bell......