Tag : fintech investment

SC Ventures Leads Hive's €12 Million Series A, Enabling Sustainable Distributed Cloud Computing for the Masses
Investment Services News

SC Ventures Leads Hive’s €12 Million Series A, Enabling Sustainable Distributed Cloud Computing for the Masses

PR Newswire
by PR Newswire0
Hive’s model helps businesses efficiently manage their cloud-related expenses, reduce dependency on a select few cloud providers, and significantly reduce cloud energy use. SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is leading a €12 million (USD $13 million) Series A round for distributed cloud provider Hive, to increase access......
Fineqia to Set Up Fineqia Glass Slipper Ventures to Invest in Digital Asset-Focused Companies
Digital Asset Management News

Fineqia to Set Up Fineqia Glass Slipper Ventures to Invest in Digital Asset-Focused Companies

PR Newswire
by PR Newswire0
Fineqia International Inc., the digital asset and fintech investment business, is pleased to announce its plan to start a new venture capital fund that will invest in innovative companies in the digital asset industry. Fineqia will transfer a selection of its investments to a new company called Fineqia Glass Slipper Ventures (FGSV),......
1K1V and Crossfin Complete Sybrin Acquisition
Fintech News

1K1V and Crossfin Complete Sybrin Acquisition

Fintech News Desk
by Fintech News Desk0
One Thousand & One Voices (1K1V), in partnership with diversified FinTech investment holding company Crossfin Technology Holdings (Crossfin) and investor Isaac Mophatlane, announce the completion of the Sybrin Group of Companies (Sybrin) transaction. All conditions precedent and approvals for the transaction were fulfilled on 31 March 2022. “Now that we have officially partnered with......
Leal, a Colombian-Based Consumer and Fintech Startup, Secures a $10M Series A Led by Rakuten Capital and IDC Ventures
Fintech Startups Investments News

Leal, a Colombian-Based Consumer and Fintech Startup, Secures a $10M Series A Led by Rakuten Capital and IDC Ventures

Fintech News Desk
by Fintech News Desk0
Rakuten, a global leader in internet services headquartered in Japan, invests in Leal and the future of Latin American fintech.  Colombian-based consumer and fintech company Leal has raised a $10 million Series A round co-led by global internet services leader Rakuten Group – through its investment arm Rakuten Capital – and IDC Ventures global fintech......
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......
Lightnet Group Forges Partnership with Siam Commercial Bank
Fintech Investment Services News

Lightnet Group Forges Partnership with Siam Commercial Bank

Fintech News Desk
by Fintech News Desk0
Singapore-based fintech company, Lightnet Pte. Ltd. (Lightnet Group), has announced a partnership with Siam Commercial Bank (SCB). The partnership makes remittance services accessible to all Thai bank accounts and anyone who has signed up for PromptPay, a government-sponsored service that enables instant bank-to-bank fund transfers. Read More:New Union Bank Survey......
Truist Insurance Continues Its Expansion with the Acquisition of Insurtech Wellington
Fintech Investment Services News

Truist Unveils Venture Capital Division with New Fintech Investment

Fintech News Desk
by Fintech News Desk0
Truist Ventures leads latest funding round for global payments network Veem Truist Financial Corporation (NYSE: TFC) today announced the launch of Truist Ventures, a corporate venture capital division created by integrating investments in technology companies from the heritage SunTrust brand with BB&T Ventures. The firm, which also is announcing its latest deal......
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......
2019 Another Blockbuster Year for Fintech: KPMG Pulse of Fintech
Business Investment Services News

2019 Another Blockbuster Year for Fintech: KPMG Pulse of Fintech

Fintech News Desk
by Fintech News Desk0
Cross-border M&A remains strong at $USD54.2 billion in deal value – despite ongoing global trade tension Fintech deals by global tech giants on the rise with $USD3.5 billion invested across 46 deals in 2019 $USD135.7 billion in global fintech funding in 2019, including record-setting $USD77.1 billion in Q3’19 Global fintech......
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