Tag : Fintech Funding

Celero Commerce Acquires OMEGA Technology
Commerce News Technology

Celero Commerce Acquires OMEGA Technology

Fintech News Desk
by Fintech News Desk0
Celero Commerce (“Celero”), a top ten non-bank payment processor, announced the acquisition of OMEGA Technology (“OMEGA”) a premier provider of electronic transaction processing. With the addition of Kentucky-based OMEGA, Celero will serve over 50,000 merchants processing approximately $20 billion in annual card volume. Latest Fintech Insights: Truist Announces Purpose-Driven Approach to Checking Account......
SoFi Receives Regulatory Approval To Become a National Bank
Banking Finance Fintech News

SoFi Receives Regulatory Approval To Become a National Bank

Fintech News Desk
by Fintech News Desk0
SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, announced that the Office of the Comptroller of the Currency (OCC) and the Federal Reserve have approved its applications to become a Bank Holding Company through its proposed acquisition of Golden Pacific Bancorp, Inc., and operate its bank subsidiary as SoFi......
Signature Bank Announces Pricing of Public Stock Offering
Banking News Stock Market

Signature Bank Announces Pricing of Public Stock Offering

Fintech News Desk
by Fintech News Desk0
Signature Bank , a New York-based full-service commercial bank, announced the pricing of its underwritten offering of 2,100,000 shares of common stock at $352.00 per share. Latest Fintech Insights: Truist Announces Purpose-Driven Approach to Checking Account Experience The Bank has also granted to the underwriters a 30-day option to purchase up......
American Financial Group, Inc. Announces Purchase Of Verikai, Inc.
Artificial Intelligence Fintech Machine Learning News

American Financial Group, Inc. Announces Purchase Of Verikai, Inc.

Fintech News Desk
by Fintech News Desk0
American Financial Group announced the acquisition of Verikai, Inc. (“Verikai”), a machine learning and artificial intelligence company that utilizes a predictive risk tool for assessing insurance risk, effective December 2021. Verikai will continue to be led by its President and CEO, Jeff Chen. AFG paid approximately $120 million in cash......
Ironclad Raises $150 Million Series E Funding, Led by Franklin Templeton
Fintech Fintech Funding Investment Services News

Ironclad Raises $150 Million Series E Funding, Led by Franklin Templeton

Fintech News Desk
by Fintech News Desk0
Ironclad, the leading digital contracting platform, announced it has raised $150 million in Series E financing, bringing total investment to $333 million. Franklin Templeton, a global investment management firm known for backing category-defining leaders like OneTrust and Gong, is leading the round. The 100% insider round also includes previous investors like BOND, YC......
Canadian InvesTech Firm Wealthsimple Raises $750 Million
Digital Payments Fintech Primers

Canadian InvesTech Firm Wealthsimple Raises $750 Million

Sudipto Ghosh
by Sudipto Ghosh0
Meet Wealthsimple, a fintech company backed by Drake and a dozen other investors. What started as a four-person company has announced its latest funding round with the vision to become Canada’s most valuable financial technology company. Read Also: Fintech Primer: What is Contactless Payment? Wealthsimple’s CEO announced his company’s $750 million......
B2B Fintech Unicorn Razorpay Triples its Evaluation
Digital Payments Featured News

B2B Fintech Unicorn Razorpay Triples its Evaluation with Latest $160 Million Series e Funding

Sudipto Ghosh
by Sudipto Ghosh0
India’s leading payment gateway platform Razorpay is the latest B2B fintech powerhouse to scoop a healthy funding round. Razorpay’s platform that powers Meesho, Groww, CRED, PharmEasy, Gupshup and Sharechat and others, has transformed the way e-commerce merchants and UPI app users make their payments with online payments links and pages.......
Featured Fintech Fintech Funding Fintech Startups

A Few Fintech Funding Highlights from 2020!

Fintech News Desk
by Fintech News Desk0
Fintech startups and unicorns that hit the limelight with high funding in 2020 Fintech startups are gaining prominent attention in the worldwide marketplace and challenging banks and other financial institutions through innovation across multiple services. These startups are implementing successful business models and are driving the global evolution of the......
Banking Economy Fintech Funding Mobile Banking News

Sentinel Systems and Clearent Announce Partnership to Offer Secure Payment Services to the Property Management Industry

Fintech News Desk
by Fintech News Desk0
Self-storage owners are now able efficiently to manage their business and accept payments with one single source solution through Sentinel Systems and Clearent’s new partnership “Sentinel is always looking for more ways to help our customers manage their business more efficiently while creating seamless and secure user experiences,” said Jon......
KPMG Launches "Elevate" to Help Companies Enhance Performance, Realize Savings and Build New Capabilities
Fintech Fintech Funding Investment Services News

VC Investment in Fintech Remains Robust as M&A Activity Stalls: KPMG Pulse of Fintech

Fintech News Desk
by Fintech News Desk0
While overall global fintech funding fell during the first half of 2020, with US$25.6 billion of investment globally across 1,221 deals, corporate deals are driving continued strength in VC activity, according to the Pulse of Fintech H1’20, a bi-annual report on global fintech investment trends from KPMG International. Read More: OpenUnit Raises $150,000 Pre-Seed......
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