Search Results for: venture capital funding

PremFina and Microsoft AI Collaboration Sees 70% Customer Responses Handled Without Humans
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PremFina and Microsoft AI Collaboration Sees 70% Customer Responses Handled Without Humans

Fintech News Desk
by Fintech News Desk0
PremFina Ltd, the U.K.’s first venture capital backed alternative insurance premium finance company announces its UK collaboration with Microsoft Corp., the world’s largest software company by revenue, has resulted in its artificial intelligence (AI) driven chat bot handling 70% of all data-led customer queries with zero delay in response times.......
Opera Hires PayPal and WeChat Pay Veteran Allen Hu as New EVP of its Fintech Arm, Dify
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Opera Hires PayPal and WeChat Pay Veteran Allen Hu as New EVP of its Fintech Arm, Dify

Fintech News Desk
by Fintech News Desk0
Opera Limited, one of the world’s major browser providers with 380 million monthly active users globally, announced it has hired PayPal veteran Allen Hu to become new Executive Vice President (EVP) of Dify, Opera’s fintech arm. An expert in financial technology and payments, Allen Hu will lead the Dify business. He brings a......
NYDIG Raises $200 Million from Strategic Partners
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NYDIG Raises $200 Million from Strategic Partners

Fintech News Desk
by Fintech News Desk0
Additional capital comes amid dramatic acceleration of Bitcoin adoption via NYDIG from traditional financial services firms NYDIG, a leading provider of technology and investment solutions for Bitcoin, announced a $200 million growth capital round led by strategic partners Stone Ridge Holdings Group, Morgan Stanley, New York Life, MassMutual, Soros Fund Management, and FS......
WeGift Closes $12 Million Series A+ Round to Accelerate Growth of Digital Payouts Platform
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WeGift Closes $12 Million Series A+ Round to Accelerate Growth of Digital Payouts Platform

Fintech News Desk
by Fintech News Desk0
Commerzbank-backed VC Fund CommerzVentures Joins Round, Strengthening FinTech Ties WeGift closes additional financing in $12 million funding round and welcomes new investor CommerzVentures, the FinTech-focused venture capital fund backed by Commerzbank. CommerzVentures joins existing investors, AlbionVC, who led the fundraise, as well as Stride.VC, SAP.iO Fund, and Unilever Ventures. WeGift has already captured significant market share in the B2B......
Healthcare FinTech Start-up, PayGround, Raises $4M to Simplify Healthcare Payments
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Healthcare FinTech Start-up, PayGround, Raises $4M to Simplify Healthcare Payments

Fintech News Desk
by Fintech News Desk0
PayGround introduces the first healthcare payments engine to allow patients to securely submit payments to all of their providers across one simple workflow and user interface. For providers, this means easy collection and improved economics Healthcare FinTech start-up, PayGround, announced the closing of its $4M Seed Round to strengthen its position of......
FinTech Collateral Velocity Closes Investment Round
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FinTech Collateral Velocity Closes Investment Round

Fintech News Desk
by Fintech News Desk0
 Partners with Hospital Revenue Cycle Leader PMMC Collateral Velocity, Inc., a fintech that provides certain and immediate low-cost liquidity for healthcare organizations while improving banking relationships, revenues and relevance, announced it has closed an investment round and partnered with PMMC. “The collaboration with PMMC accelerates our provider payment funding capabilities......
Brazilian Fintech RecargaPay Raises $70 Million Series C Round
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Brazilian Fintech RecargaPay Raises $70 Million Series C Round

Fintech News Desk
by Fintech News Desk0
IDC Ventures and Fuel Venture Capital co-led the round RecargaPay, Brazil’s largest payments and mobile money ecosystem, has raised $70 million to further enhance its all-inclusive payment platform, democratizing access to digital financial services for millions of new users. Currently EBITDA positive and with a revenue run rate of over USD$50 million, RecargaPay has raised over $100 million to date.......
Stori Raises $32M Series B Round To Become Mexico's leading Credit Card Issuer For The Rising Middle Class
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Stori Raises $32M Series B Round To Become Mexico’s leading Credit Card Issuer For The Rising Middle Class

Fintech News Desk
by Fintech News Desk0
Consumer fintech Stori announced today that it has raised $32.5 million Series B funding led by Silicon Valley-based Lightspeed Venture Partners with participation from existing investors Vision Plus Capital, BAI Capital and Source Code Capital. The new financing will support the company’s rapid growth as it is quickly becoming a......
Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World's First Bank-Issued Deposit-Based Digital Currency
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Stablecorp Announces Closing Of C$2mm Strategic Consortium Financing Round To Launch World’s First Bank-Issued Deposit-Based Digital Currency

Fintech News Desk
by Fintech News Desk0
Toronto-based Stablecorp is partnering with a consortium of highly strategic investors led by Canadian Schedule 1 Bank VersaBank, DV Private Investments, Borderless Capital and a major U.S. Bitcoin financial services firm. These new consortium members will join existing strategic investors 3iQ and Mavennet to launch VCAD and catalyze growth of......
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