Tag : funding

Al Salam Bank Announces Record Profits of USD 203.8 million for 2025
Banking Finance News

Al Salam Bank Announces Record Profits of USD 203.8 million for 2025

EIN Presswire
by EIN Presswire0
Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) announced record financial results for 2025 underscoring the strength of its financial position, the effectiveness of its strategy, and the continued scaling of its regional aspirations. Sustained momentum across the group’s core banking, asset management, and......
ReInvestWealth Secures $650K to Accelerate AI Accounting Platform Growth
Finance Investment Services News

ReInvestWealth Secures $650K to Accelerate AI Accounting Platform Growth

EIN Presswire
by EIN Presswire0
ReInvestWealth, an AI-powered accounting platform built for modern entrepreneurs, announced it has secured $650,000 in funding through a combination of non-dilutive government grants, institutional financing, and angel investment. This milestone follows ReInvestWealth’s graduation from the DMZ incubator, one of North America’s leading startup accelerators, and reflects growing confidence in the......
After Record Breaking $48M Series A Funding, Alaan Launches SuperPay™ Enabling Supplier Payment Transfers Globally
Digital Payments Finance News

After Record Breaking $48M Series A Funding, Alaan Launches SuperPay™ Enabling Supplier Payment Transfers Globally

EIN Presswire
by EIN Presswire0
Alaan, Middle Eastern corporate card and spend-management player, announced the launch of SuperPay™, a new product which caters to UAE businesses who make payments to suppliers abroad. With SuperPay™, Alaan now combines card payments, invoice automation, approvals, accounting and international transfers in a single workflow – a major step in......
Porter Freight Funding Names Chris Shelton Senior Vice President of Credit
Credit Bureaus Fintech Funding News

Porter Freight Funding Names Chris Shelton Senior Vice President of Credit

EIN Presswire
by EIN Presswire0
Experienced credit executive joins Porter Freight Funding to strengthen risk strategy and support long-term customer partnerships. Porter Freight Funding, a leading freight factoring company serving transportation businesses nationwide, today announced the appointment of Chris Shelton as Senior Vice President of Credit. I’m excited to join Porter Freight Funding and contribute......
EnFi Raises $15M from VCs working with 150+ Banks, Signaling Industry Shift on AI Credit Workforce
Banking Finance News

EnFi Raises $15M from VCs working with 150+ Banks, Signaling Industry Shift on AI Credit Workforce

Fintech News Desk
by Fintech News Desk0
Investment from bank-backed VCs suggests lenders are pre-funding the infrastructure they need as analyst shortage persists EnFi, the AI-native platform that delivers agents to complete end-to-end commercial lending workflows, today announced it has raised a $15 million Series A, bringing its total funding to date to $22.5 million. The capital......
PrimeRevenue Names Eric Riddle Chief Commercial Officer
Digital Payments News

PrimeRevenue Names Eric Riddle Chief Commercial Officer

Cision PRWeb
by Cision PRWeb0
—In Newly Created Role, Riddle Will Drive Innovation to Align and Elevate All Client-Facing Commercial Activities Globally— PrimeRevenue, the global leader in working capital and B2B payment solutions, announced the appointment of Eric Riddle as Chief Commercial Officer (CCO), a newly created position. Tasked with driving innovation and transformation to......
Vennre Raises USD 9.6M Pre-Series A to Redefine Private Market Access 
Fintech Funding Investment Services News

Vennre Raises USD 9.6M Pre-Series A to Redefine Private Market Access 

Fintech News Desk
by Fintech News Desk0
Vennre, a wealth creation platform enabling HENRYs (High Earners, Not Rich Yet) to access private market opportunities, today announced the successful close of its Pre-Series A funding round, raising USD 9.6 million through a hybrid equity and debt structure. The round was co-led by Vision Ventures and anb seed Fund,......
Franchise Now Announces Launch of DreamStart™ Funding Program
Fintech Funding News

Franchise Now Announces Launch of DreamStart™ Funding Program

Cision PRWeb
by Cision PRWeb0
Franchise Now, a franchise funding firm dedicated to accelerating the franchise lending process, today announced the launch of their DreamStart™ Funding Program – a revolutionary approach designed to drastically reduce the traditional waiting period for borrowers. Accelerated lending process set to revolutionize franchise sales and development Franchise Now, a franchise......
PRN Funding Selects XEN as its End-to-End Factoring Software Platform
Fintech Funding News

PRN Funding Selects XEN as its End-to-End Factoring Software Platform

EIN Presswire
by EIN Presswire0
XEN, a leading origination and management platform for factors and commercial lenders, announced that PRN Funding, celebrating 25 years as a factoring industry leader, has selected XEN as its end-to-end factoring software platform. Building on a strategic partnership announced in November and its launch of XEN for front-end sales and......
Mesh Secures $75M Series C, Reaches $1B Valuation to Build the Universal Crypto Payments Network
Cryptocurrency Digital Payments News

Mesh Secures $75M Series C, Reaches $1B Valuation to Build the Universal Crypto Payments Network

PR Newswire
by PR Newswire0
Unicorn status validates momentum as the only unified global payments network for today’s borderless, tokenized economy Mesh, the leading crypto payments network, today announced it closed a $75 million Series C funding round, bringing its total amount raised to over $200 million and valuing the company at $1B. Dragonfly Capital......
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