Search Results for: private funding

Portal Raises $8.5 Million From Coinbase Ventures and Other Investors to Bring Bitcoin-based DeFi to the Masses
DeFi News

Portal Raises $8.5 Million From Coinbase Ventures and Other Investors to Bring Bitcoin-based DeFi to the Masses

Fintech News Desk
by Fintech News Desk0
Portal, a self-hosted Layer 2 wallet and true cross-chain DEX on Bitcoin that makes atomic swaps between Bitcoin and other digital assets fast, secure, and private, is delighted to announce the closing of an $8.5 million funding round to build a self-sovereign and uncensorable DeFi on Bitcoin. “Decentralized cross-chain bridging......
Inveniam Closes Out Series A, Led by Global Financial Services Provider Apex Group
Blockchain DeFi Fintech Investments News

Inveniam Closes Out Series A, Led by Global Financial Services Provider Apex Group

Fintech News Desk
by Fintech News Desk0
Inveniam Capital Partners, Inc. announces it will close their $25 million Series-A round this month with lead investments from global financial services provider, Apex Group, K20 Fund, Dev.Pro, and Global Blockchain Ventures. “Low yields in the bond market are driving defined benefit plans to higher performing asset classes, but those......
Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders
Business Finance News

Biz2Credit Small Business Lending Index  for August Finds Loan Approval Rates Rise at Banks and at Non-Bank Lenders

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) jumped from 13.8% in July 2021 to 13.9% in August, up by three-tenths of a percentage from one year ago. Meanwhile, small banks’ approvals also rose from 19.1% in July to 19.3% in August, according to the latest Biz2Credit Small Business  “Small businesses are again borrowing to improve......
BNPL Provider DivideBuy Secures £300 Million Investment to Accelerate Growth
Investments News

BNPL Provider DivideBuy Secures £300 Million Investment to Accelerate Growth

Fintech News Desk
by Fintech News Desk0
DivideBuy is on track to hit c£175 million in Gross Merchandise Value (GMV) by the end of 2021 Leading buy now pay later (BNPL) provider, DivideBuy, has secured a £300 million lending facility as it continues its stellar growth trajectory. “The partnerships we’ve secured with leading businesses like musicMagpie demonstrates how......
Varo Bank Raises $510 Million of Growth Capital
Fintech News

Varo Bank Raises $510 Million of Growth Capital

Fintech News Desk
by Fintech News Desk0
As the first and only consumer fintech with a national bank charter, Varo advances its vision of creating an innovative and inclusive bank for all of us Varo Bank, N.A., the first all-digital, nationally chartered bank in the US, announced it closed a $510 million oversubscribed funding round.  The round......
Ethos
Finance InsurTech Investments News

Insurtech Leader Ethos Expands C-Suite with first CPO, CFO, CSO and Chief Actuary

Fintech News Desk
by Fintech News Desk0
Ethos, the insurtech leader that’s transforming the life insurance space, has strengthened its executive bench with three external hires and a promotion to expand its C-Suite, following an investment round totaling $300 million that took its valuation over $2.7 billion. Jennifer Liu has joined as Chief Product Officer, after almost......
Banks Can Now Receive Real-Time Payments Via DCI
Banking Digital Digital Payments Mobile Banking News

Banks Can Now Receive Real-Time Payments Via DCI

Fintech News Desk
by Fintech News Desk0
Leading core provider gives community banks a head start and a leg up on faster funding Community bank clients of Data Center Inc. (DCI), the privately-owned developer of iCore360® and iCoreGO™ banking software, can now receive real-time payments via the RTP® network, the real-time payments system from The Clearing House. DCI......
Egyptian Fintech MNT-Halan Attracts Circa US$120 Million From Global Investors
Fintech News

Egyptian Fintech MNT-Halan Attracts Circa US$120 Million From Global Investors

Fintech News Desk
by Fintech News Desk0
− MNT-Halan’s fintech ecosystem connects consumers, vendors and micro-enterprises through a digital platform and payment solutions − The highly scalable solution is disrupting the under-penetrated and fast growing mass market in financial services in Egypt − Investment signals significant interest and commitment from global investors to the fintech opportunity in Egypt − MNT-Halan to......
Insurify Secures $100 Million in Series B financing led by Motive Partners
Fintech InsurTech News

Insurify Secures $100 Million in Series B financing led by Motive Partners

Fintech News Desk
by Fintech News Desk0
New Investment Will Accelerate Insurtech’s Expansion of Operations Amid Year of Dramatic Growth Insurify, America’s highest-rated virtual insurance agent and comparison platform, announced it has closed $100M in Series B funding led by Motive Partners, a specialist private equity firm focused on financial technology investments. The round included participation from......
Global Processing Services Continues to Fuel UK Fintech Growth, Driving $12 Billion of UK Investment Activity in Record-Breaking Year
Digital Payments Fintech Investments News

Global Processing Services Continues to Fuel UK Fintech Growth, Driving $12 Billion of UK Investment Activity in Record-Breaking Year

Fintech News Desk
by Fintech News Desk0
Investments in customers and partners of the global issuer processor accounted for 13% of worldwide fintech investment in the first half of the year Multi-award-winning payments processor, Global Processing Services (GPS), reveals the ongoing success of its customers and partners through their collective investment figures. Worldwide, GPS customers and partners have......
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