Tag : funding

Positive Profit Warning: POP Bank Group Improves Its Guidance for 2020 – Pop Bank Group and Oy Samlink Ab Terminate the Agreement on Renewal of the Core Banking Platform
Banking Fintech News

Positive Profit Warning: POP Bank Group Improves Its Guidance for 2020 – Pop Bank Group and Oy Samlink Ab Terminate the Agreement on Renewal of the Core Banking Platform

FTS News Desk
POP Bank Group and Oy Samlink Ab have agreed to terminate the agreement on renewal of core banking platform which was signed in 2019. Oy Samlink Ab will pay compensation to POP Bank Group for the termination. POP Bank Group will continue as a customer of Samlink, a company owned......
Donut Raises $2 Million to Bring DeFi Mainstream
Digital Fintech News

Donut Raises $2 Million to Bring DeFi Mainstream

FTS News Desk
Investment will fund product-led growth through Q1, 2022 Donut, a mobile app to save and earn high yield with DeFi, announced the closing of $2 million in a new funding round. Redalpine added to their commitment, bringing Donut’s total funding to date to $3.8 million. Other investors include Inventures, Compound founder Robert Leshner, Entrepreneur......
DataRails Extends Series A Funding Round with Additional
Finance Fintech Investments News

DataRails Extends Series A Funding Round with Additional $25 Million for a Total of $43.5 Million

Chandni Maske
Based on explosive growth and doubling of customer base in Q1, investors extended round to enable further expansion of the company’s team DataRails, a leading FP&A solution for SMEs, announced that it has raised $25M in a Series A extension, doubling the company’s valuation. This funding comes on the heels of DataRails......
Clearco Accelerates International Expansion and Announces Key Hire of Ruma Bose as Chief Growth Officer
Business E-commerce News

Clearco Accelerates International Expansion and Announces Key Hire of Ruma Bose as Chief Growth Officer

FTS News Desk
Pay-As-You-Grow Pioneer Also Adds UK Country Head Company Expanding Further Into Europe and Key Asian Markets  Clearco, the world’s largest e-commerce investor and the company revolutionizing the way founders grow their businesses, announced ambitious international expansion plans supported by two key executive hires. After launching in the UK last October......
B9 Raises $1.7 Million in Pre-Seed Round to Launch Fintech Platform to Deliver Full Suite of Personal Financial Services
Banking Fintech News

B9 Raises $1.7 Million in Pre-Seed Round to Launch Fintech Platform to Deliver Full Suite of Personal Financial Services

FTS News Desk
App Built “by Immigrants, for Immigrants” Will Give Huge Underserved Market the Banking Services They Need for the Way They Live and Work Today B9 Inc., a fintech startup, announced it is launching a full suite of app-based financial services. The company raised $1.7 million in an ongoing pre-seed funding round......
Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders
Banking Business Finance News

Now That PPP Lending Has Ended, Biz2Credit Small Business Lending Index™ Finds May 2021 Loan Approval Rates Increase for Banks and Non-Bank Lenders

FTS News Desk
Small business loan approval percentages at big banks ($10 billion+ in assets) climbed slightly from 13.4% in April to 13.5% in May 2021, according to the latest Biz2Credit Small Business Lending Index™ released today. However, small banks’ approvals jumped higher from 18.2% in April, to 18.7% in May. “Loan approvals by small banks rose 0.3% as banks start to assess the......
Klarna Secures Additional Funding as Consumers Demand Smarter Alternatives to Shop, Bank, & Pay
Banking Digital Payments E-commerce News

Klarna Secures Additional Funding as Consumers Demand Smarter Alternatives to Shop, Bank, & Pay

FTS News Desk
Klarna, the leading global payments provider, retail bank, and shopping service, confirms a new equity funding of USD 639 million. The round was led by SoftBank’s Vision Fund 2 ,with additional participation from existing investors Adit Ventures, Honeycomb Asset Management and WestCap Group, to support international expansion and further capture global......
Africa Local Content Fund to Catalyze Research & Development and Drive Local Content Initiative – NCDMB Exc Sec., Wabote
Investments News

Africa Local Content Fund to Catalyze Research & Development and Drive Local Content Initiative – NCDMB Exc Sec., Wabote

FTS News Desk
First African Local Content Roundtable held at the Nigerian Content Development and Monitoring Board (NCDMB) Towers, Yenagoa, Bayelsa State on Wednesday, June 3, 2021 Poised to take full advantage of emerging opportunities in local content administration, key stakeholders and policy leaders in Africa’s Oil and Gas, and other related sectors,......
Boxlight Launches Financial Services Program
Digital Fintech News

Boxlight Launches Financial Services Program

FTS News Desk
Boxlight Corporation, a leading provider of interactive technology, digital signage, and software solutions, announced the launch of Boxlight Financial Services. “Working with Boxlight to deliver best-in-class financing solutions to Boxlight customers requires us to provide the very best business financing strategies and a choice of financing solutions” Boxlight Financial Services......