Search Results for: venture capital funding
Step Launches No Fee Banking App Built for Teens
Step announces $100,000 giveaway and partners with digital star Charli D’Amelio Step, the new modern-day financial services company built for teens and families, today announced its official launch, offering a free FDIC insured bank account and Visa card. Through its app, Step offers an all-in-one banking solution with a new......
Fintech Strategist Jason Jones Joins Forces With TrueNorth
Having Best Year Ever, TrueNorth Expands Fintech Network to Double Revenue TrueNorth, a global fintech software development company, announced the appointment of serial fintech entrepreneur Jason Jones to their board of advisors. With expertise in early-stage market formation, Jones’ background includes more than 25 years of experience in financial services......
Take a Look at a Few of These Global FinTech Success Stories
According to a report by The Business Research Company, the global FinTech market was valued at about $127.66 billion in 2018 and is expected to grow to $309.98 billion at a CAGR of 24.8% through 2022. The growth in digital payments and digital commerce is driving the expansion of fintech.......
PayPal Announces Recipients of $5 Million Community Partner Grants to Support and Sustain Black Businesses and Communities
PayPal Holdings, Inc. today named 20 nonprofit community partners that will receive grants and contributions totaling $5 million to support Black-owned businesses across the U.S. in their recovery from the impact of the COVID-19 pandemic. The grants are part of PayPal’s $530 million commitment announced in June to support Black-owned businesses, strengthen minority communities and......
Aspire Technology Raises $2.4 Million to Expand and Market Secure Digital Asset Creation Blockchain Platform
Aspire Technology, developer of the Aspire digital asset creation platform, has announced the closing of both a $1.175 million equity round and, shortly thereafter, a $1.23 million private token presale for a total of more than $2.4 million of new capital, according to Aspire technology chairman, Michael Terpin, who led......
Greenlight Raises $215 Million at a $1.2 Billion Valuation To Help Millions More Parents Raise Financially-Smart Kids
Greenlight Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart kids, announced a valuation above $1.2 billion after raising $215 million in Series C funding. The series was led by Canapi Ventures and TTV Capital with participation from new investors BOND, DST Global, Goodwater Capital and Fin......
Next Insurance Raises $250 Million in Series D Financing to Lead Major Shift in Insurance for Small Business Owners
Led by CapitalG new financing solidifies Next Insurance as the one-stop-shop for small business insurance and brings the company’s valuation to more than $2 billion Next Insurance, the leading digital insurtech company transforming small business insurance, today announced that it has raised $250 million in Series D financing led by CapitalG, Alphabet’s......
An Overview of the Singapore Fintech Market
Financial technology, commonly known as Fintech, is the term used to define emerging technologies aimed at enhancing and automating the provision and usage of financial services. Fintech helps companies, businesses and customers in managing their financial processes and operations better through the use of specialized computer and smartphone software and......
GIV, a decentralized fiat gateway to DeFi, closes 30x oversubscribed pre-sale led by Alameda Research
P2P cryptocurrency exchange, CryptoLocally, recently closed a private funding round for their native token, GIV. The round was led by Alameda Research (owner of FTX, Serum), IOSG Ventures, NGC Ventures, Genesis Block, 3Commas, Smile Research and One Block Capital. They also found early support from Binance and TRON. The recent private sale round was estimated to be oversubscribed by......