Tag : funding

Webb Secures $7 Million in Funding to Safeguard Privacy for the Expanding Cross-Chain Ecosystem
Fintech Funding News

Webb Secures $7 Million in Funding to Safeguard Privacy for the Expanding Cross-Chain Ecosystem

PR Newswire
by PR Newswire0
Webb Protocol, the leading privacy system for cross-blockchain asset transfers, has raised $7 million USD in a seed funding round co-led by Polychain and Lemniscap, with participation from Zeeprime, CMS Holdings among others. The funding will go towards growing Webb’s staff base, accelerating the development of innovative privacy tools and protocols – including Zero-Knowledge......
Sino Global Capital, Circle Ventures, and Polygon Ventures Back OpenTrade, Platform for USDC-Denominated Investments in Tokenized Financial Assets
DeFi News

Sino Global Capital, Circle Ventures, and Polygon Ventures Back OpenTrade, Platform for USDC-Denominated Investments in Tokenized Financial Assets

PR Newswire
by PR Newswire0
OpenTrade has raised an oversubscribed funding round led by Sino Global Capital, with participation from other leading Web3 organizations including Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures. OpenTrade’s platform will provide users seamless access to a suite of on-chain structured financial products that are backed by investment......
How Remittances Can Solve LatAm’s Education Crisis
Digital Payments Guest Posts

How Remittances Can Solve LatAm’s Education Crisis

Jairo Riveros
by Jairo Riveros0
Receiving a quality education can further an individual’s potential for success. In supporting those working toward a degree, communities can also boost economies, reduce poverty, and even expand societal views on innovations. Latin American countries have historically lagged when it comes to advancement in education. For instance, due to gender,......
OpenEnvoy Secures $15 Million in Series A Funding Led by RRE Ventures
Fintech Funding News

OpenEnvoy Secures $15 Million in Series A Funding Led by RRE Ventures

PR Newswire
by PR Newswire0
New Investment Fuels AP Automation Leader’s Growth, Expanding Global Footprint OpenEnvoy, the Silicon Valley AI company that has built the industry-leading solution for accounts payable (AP) automation, announced it secured $15 million in Series A financing led by RRE Ventures, including participation from Coelius Capital, Hack VC, Riot Ventures, and Uncorrelated Ventures. OpenEnvoy automates costly finance processes,......
InvoiceCloud Enhances Online Bank Direct Solution to Support the Growing Needs of Billing Organizations
Banking Cloud News

InvoiceCloud Enhances Online Bank Direct Solution to Support the Growing Needs of Billing Organizations

Business Wire
by Business Wire0
InvoiceCloud, an EngageSmart solution for online bill payment services, announced enhancements to its Online Bank Direct solution, including the ability to deposit by invoice type, receive single, consolidated deposits, and receive funding for matched payments only, so customers will no longer receive funds that are not matched to an invoice.......
Summer Announces $6 Million in New Funding to Accelerate Growth of its Student Debt and Education Assistance Offering
Fintech Funding News

Summer Announces $6 Million in New Funding to Accelerate Growth of its Student Debt and Education Assistance Offering

Business Wire
by Business Wire0
Summer has surpassed $1 billion in total student loan savings for borrowers Summer, the certified B Corp committed to addressing the national student debt crisis, announced that it has raised $6M in new capital, with $18M raised in funding to date. General Catalyst, QED Investors, Flourish Ventures, Greycroft, Story Ventures,......
WYLD, the World’s First Social Currency Payment Card, Launches in India
Digital Payments Fintech News

WYLD, the World’s First Social Currency Payment Card, Launches in India

Fintech News Desk
by Fintech News Desk0
Aims to revolutionise how people spend by helping users ‘monetise their influence’ WYLD, the world’s first social currency payment card has launched in Mumbai. Powered by Visa, the platform will allow everyday social media users (with as little as 1K followers) to leverage their Instagram following to earn massive cashbacks......
Certn Background Screening Gets US $30 Million Boost with Support from Export Development Canada
Fintech Funding News

Certn Background Screening Gets US $30 Million Boost with Support from Export Development Canada

Business Wire
by Business Wire0
Canadian Crown Corporation Invests in the Startup’s Global Expansion Certn, a leader in online background checks and identity verification, announced it secured an additional US$30M in Series B financing with over US$29.5M coming from Export Development Canada (EDC). To date, Certn has raised over US$114M in venture funding with US$80M coming via......
National Bank Holdings Corporation Announces Acquisition of StoneCastle Digital Solutions
Banking Finance News

National Bank Holdings Corporation Announces Acquisition of StoneCastle Digital Solutions

GlobeNewswire
by GlobeNewswire0
National Bank Holdings Corporation announced that its bank subsidiary NBH Bank has recently acquired StoneCastle Digital Solutions, LLC (d/b/a Cambr), a subsidiary of StoneCastle Partners, LLC. Cambr is a unique deposit acquisition and processing platform that generates core deposits from accounts offered through embedded finance companies. Today, Cambr administers approximately......
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