Search Results for: venture capital funding

FinTech Collateral Velocity Closes Investment Round
Fintech Investment Services News

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
Banking Fintech Mobile Banking News

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
Fintech InsurTech Investment Services News Risk Management

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
Artificial Intelligence Blockchain Capital Markets Cryptocurrency Fintech InsurTech News

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......
Ledgermatic To Use Algorand Blockchain For Digital Asset Treasury Offering
Artificial Intelligence Business Capital Markets Cryptocurrency Digital Fintech Investment Services News Risk Management

Ledgermatic To Use Algorand Blockchain For Digital Asset Treasury Offering

Fintech News Desk
by Fintech News Desk0
Ledgermatic, which recently announced it is developing treasury tools to allow enterprise and financial institutions to operate with digital assets and associated payments and workflows, has chosen Algorand as its blockchain protocol partner. Read More: Potential Unleashed – FinTech in Africa in 2021 Ledgermatic has also received funding from Borderless Capital,......
Alpha Bank Enters into Definitive Agreement with Davidson Kempnerover Euro 10.8 Billion Galaxy Portfolio and 80% in Cepal Holdings
Banking Business Fintech News

Alpha Bank Enters into Definitive Agreement with Davidson Kempnerover Euro 10.8 Billion Galaxy Portfolio and 80% in Cepal Holdings

Fintech News Desk
by Fintech News Desk0
Second largest rated NPE securitization in Europe at Euro 10.8 billion GBV Landmark transaction significantly de-risks Alpha Bank’s balance sheet while maintaining market-leading capital position Alpha Bank’s NPE ratio and NPL ratio in Greece will fall to 24% and 13% respectively Davidson Kempner acquires 80% of Cepal Holdings and 51%......
VC Investment in Fintech More Than Doubles in Second Half of 2020 – Expected to Remain Strong Into 2021, According to KPMG’s Pulse of Fintech
Business Fintech Investment Services News

VC Investment in Fintech More Than Doubles in Second Half of 2020 – Expected to Remain Strong Into 2021, According to KPMG’s Pulse of Fintech

Fintech News Desk
by Fintech News Desk0
Global fintech investment was US$105 billion in 2020 – the third highest annual total ever thanks to strong VC investment throughout the year US$71.9 billion in fintech investment (M&A, PE, and VC) in H2’20, compared to US$33.4 billion seen in H1’20 US$42 billion in fintech-focused VC investment makes 2020 second......
OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation
Business Digital Fintech Investment Services News

OutSystems, Software Development Platform Leader, Raises $150 Million Investment at $9.5 Billion Valuation

Fintech News Desk
by Fintech News Desk0
Growth equity raised demonstrates expanding market for smarter ways to build modern applications. Abdiel Capital, Tiger Global join Goldman Sachs, KKR, Guidepost Growth Equity, and Armilar Venture Partners in recognizing unique opportunity. OutSystems, the leading modern application platform, today announced a $150 million capital raise. The round, co-led by Abdiel......
Boast.AI Secures $100M to Fuel R&D Tax Credit-Based Financing for Startups
Artificial Intelligence Fintech Fintech Startups News

Boast.AI Secures $100M to Fuel R&D Tax Credit-Based Financing for Startups

Fintech News Desk
by Fintech News Desk0
Boast.ai, a software innovator whose flagship product automates the complex process of applying for R&D tax credits, has secured a $100 million credit facility from Brevet Capital, a leading alternative credit investment and specialty finance firm, to launch an innovative financing platform enabling startups to receive cash advances on R&D tax credits......
Ternary Launches Cost Management Tool for Google Cloud Platform (GCP)
Cloud Cryptocurrency Currency Exchange Digital Fintech News

Ternary Launches Cost Management Tool for Google Cloud Platform (GCP)

Fintech News Desk
by Fintech News Desk0
Ternary closes its first round of funding and launches to the market with key partnerships including Google Premier Partners, the Google Cloud Marketplace and the FinOps Foundation. Ternary Inc., the first native FinOps Cloud Cost Management (CCM) tool built for Google Cloud Platform (GCP), raises $1.6 Million in initial funding led......
1