Search Results for: private funding

The African Development Bank
Finance Fintech News Risk Management

African Development Bank Trains Experts From Development Finance Institutions on Climate Finance Action Strategy and Management

Fintech News Desk
by Fintech News Desk0
Over 200 participants were able to gain a deeper understanding of the roles of national development finance institutions in climate risk management The African Development Bank and the Association of African Development Finance Institutions (AADFI) jointly hosted a 3-day virtual workshop to train development finance experts in Africa on climate finance......
PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity
Finance Fintech Investments News

PayPal Deposits $135 Million in Financial Institutions Serving Black and Underserved Communities as Part of $535 Million Commitment to Advance Racial Equity

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. announced it will deposit $135 million of its capital into mission-driven financial institutions and management funds that help underserved communities of color to fight barriers to economic equity, including Hope Credit Union,  OneUnited Bank, Self-Help Federal Credit Union, CNote’s Wisdom Fund and various smaller institutions through a CNote Promise Account. These investments are part of PayPal’s $535 million commitment to strengthen Black businesses and underserved communities, and help drive......
Stavvy Announces Over $40 Million in Series A Financing, Partners with Flagstar Bank to Provide COVID Loan Relief to Consumers
Banking Fintech News

Stavvy Announces Over $40 Million in Series A Financing, Partners with Flagstar Bank to Provide COVID Loan Relief to Consumers

Fintech News Desk
by Fintech News Desk0
The raise is the largest Series A in New England FinTech and PropTech history Stavvy, the Boston-based fintech platform, announces a $40+ million Series A funding round. The investment will be used to expand the company’s aggressive hiring initiative to accelerate growth in paperless and digital solutions for banking and......
Diverse Group of Immigrants Fund Fair Fintech, a Startup to Provide Equitable Banking and Finance
Banking Fintech Investments News

Diverse Group of Immigrants Fund Fair Fintech, a Startup to Provide Equitable Banking and Finance

Fintech News Desk
by Fintech News Desk0
Grassroots fundraising effort forgoes funding from big banks and VCs to close opportunity gaps Fair, an ethical digital bank and multilingual financial services platform, offering banking, lending, investments and retirement announces 90% of its investors are people of color, 80% are immigrants and many are first-time investors in fintech. Fair......
Cognite Secures $150 Million Investment from TCV to Accelerate Digitalization of Global Industries
Digital Investments News

Cognite Secures $150 Million Investment from TCV to Accelerate Digitalization of Global Industries

Fintech News Desk
by Fintech News Desk0
Cognite becomes unicorn as funding round raises Cognite’s valuation to $1.6 billion, backing is one of the largest private investment rounds for a SaaS company in Europe Cognite, a global leader in industrial software innovation, announced that it has signed an investment round of $150M with leading global growth equity......
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Finance Fintech InsurTech Investments News

iSTOX Rebrands To ADDX, Will More Than Double Issuances This Year While Launching New Product Lines

Fintech News Desk
by Fintech News Desk0
New mobile app also allows users to invest in private markets on the go Private capital platform iSTOX is rebranding itself as ADDX as it enters a phase of fast-paced growth. The digital securities exchange will facilitate more issuance deals – at least 20 this year, more than double of......
Insight Partners Backs Cross-Border Payment Leader Thunes With US$60 Million Growth Round
Fintech News

Insight Partners Backs Cross-Border Payment Leader Thunes With US$60 Million Growth Round

Fintech News Desk
by Fintech News Desk0
Thunes adds top-tier venture capital and private equity investor Insight Partners to its premier group of investors Thunes, the Singapore-based fintech company that connects payment players in more than 100 countries and shown a 100% increase in growth over the past year, continues to attract leading global technology venture capitalists as......
Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19
Banking Capital Markets News

Finance in Common Summit Spring Meeting: Public Development Banks Call for New Financing for Africa’s Recovery Post-COVID-19

Fintech News Desk
by Fintech News Desk0
Participants in the meeting, hosted by the African Development Bank, brainstormed on joint actions that could help boost a strong and inclusive recovery in Africa A global coalition of public development banks today emphasized the urgency of immediate resources for Africa’s recovery post-Covid 19. Together, they committed to deepening cooperation......
Zenlayer Raises $50MM in Series C Financing to Boost Its Lead in Edge Cloud Services
Investments News

Zenlayer Raises $50MM in Series C Financing to Boost Its Lead in Edge Cloud Services

Fintech News Desk
by Fintech News Desk0
Edge cloud services provider announces its third round of funding Zenlayer, a leading global edge cloud service provider, announced the closing of its $50 million Series C financing today. The round was led by a group including Anatole Investment and Prospect Avenue Capital, and included existing investor Volcanics Venture. These......
With $18.8 Billion in Assets, Customers Bank Furthers National Expansion
Banking News

With $18.8 Billion in Assets, Customers Bank Furthers National Expansion

Sudipto Ghosh
by Sudipto Ghosh0
Customers Bank, a digital forward consumer and commercial bank with approximately $18.8 billion in assets, is building upon its national recognition for providing innovative banking products and services to commercial clients to advance its national expansion. The next phase of the expansion includes opening a new commercial banking office in......
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