Tag : funding

Comcast Announces $1 Million Investment in Backstage Capital
Fintech Funding News

Comcast Announces $1 Million Investment in Backstage Capital

Fintech News Desk
by Fintech News Desk0
Funds will directly support underrepresented founders at the earliest stages and provide access to an inclusive startup ecosystem Comcast Corporation announced a $1 million investment in Backstage Capital to support underrepresented founders at the earliest stages. Driven by Comcast NBCUniversal’s Startup Engagement team, this financial commitment will go toward Backstage......
CIBC Innovation Banking Expands North American Coverage With New Seattle Office
Banking News

CIBC Innovation Banking Expands North American Coverage With New Seattle Office

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce that it is opening a new office in Seattle, Washington to help support the growth ambitions of the hundreds of existing and emerging start ups in the area. “John’s knowledge, experience, and track record will be valuable to our team as we look......
ONEiO Lands €7.2 Million to Drive Cloud-Based Industrial Revolution in the Enterprise Integration Space
Fintech Funding News

ONEiO Lands €7.2 Million to Drive Cloud-Based Industrial Revolution in the Enterprise Integration Space

Fintech News Desk
by Fintech News Desk0
ONEiO, a Software as a Service company offering cloud-native and automated integration services, has raised 7.2M€ in new funding. The seed round was led by Swedish venture capital firm Fairpoint Capital and joined by previous investors Inventure and Tesi. The new funding will be used to accelerate ONEiO’s rapid growth......
AXES Chooses Blueberry Payment Solutions as Open Loop Cashless Provider for the European Union
Fintech News

AXES Chooses Blueberry Payment Solutions as Open Loop Cashless Provider for the European Union

Fintech News Desk
by Fintech News Desk0
AXES.ai is pleased to announce that it has formed a strategic alliance with Cyprus-based Fintech Blueberry Payment Solutions to offer the AXES European client base an integrated Open Loop cashless eWallet. The Blueberry Payment Solutions eVoucher, eWallet, Card, and IBAN Cloud Account is already integrated with the AXES Butler Closed......
QED Investors Organizes to Scale Into Fintech Opportunities
Fintech Investment Services News

QED Investors Organizes to Scale Into Fintech Opportunities

Fintech News Desk
by Fintech News Desk0
Frank Rotman becomes Chief Investment Officer; Bill Cilluffo elevated to lead early stage investments globally QED Investors, a leading global venture capital firm focused on investing in disruptive financial services companies, announced a series of internal moves to facilitate the scaling of its unique business model. “I’m really excited that......
Wells Fargo Introduces Small Businesses to Alternative Options for Financing and Technical Assistance
Business Finance News

Wells Fargo Introduces Small Businesses to Alternative Options for Financing and Technical Assistance

Fintech News Desk
by Fintech News Desk0
Company collaborates with Community Reinvestment Fund, USA to continue the support of small business recovery from the pandemic Wells Fargo announces the Small Business Resource Navigator, an online portal helping connect small business owners to potential financing options and technical assistance through Community Development Financial Institutions (CDFIs) across the country. The......
Brex Acquires Pry Financials to Expand Its Software Capabilities for Founders
Finance News

Brex Acquires Pry Financials to Expand Its Software Capabilities for Founders

Fintech News Desk
by Fintech News Desk0
The acquisition gives founders sophisticated, and yet easy-to-use, tools for cash and financial management Brex, the company reimagining finance for growing businesses, announced  its acquisition of Pry Financials, a software platform with tools designed to enable budgeting, bookkeeping and forecasting, for $90 million. Cash flow forecasting and runway planning can make......
MainStreet Bancshares, Inc. Reports Strong Net Income as Interest Rates Rise
Banking News

MainStreet Bancshares, Inc. Reports Robust Loan and Net Income Growth

Fintech News Desk
by Fintech News Desk0
MainStreet Bancshares, Inc., the holding company for MainStreet Bank, reported robust net income for the first quarter of 2022, said it is positioned favorably for rising interest rates, and previewed business developments at its Avenu Banking-as-a-Service (BaaS) subsidiary. Net income totaled $5.4 million for three months ended March 31, 2022. Net interest income......
Splitero Launches with $5.8 Million in Seed Funding and $1 Billion in Capital to Provide Better Options to Access Home Equity
Fintech News

Splitero Launches with $5.8 Million in Seed Funding and $1 Billion in Capital to Provide Better Options to Access Home Equity

Fintech News Desk
by Fintech News Desk0
Innovative financial technology company is on a mission to transform the way homeowners tap into equity without new debt or monthly payments Splitero, the financial services company that provides homeowners better options to access home equity,  announced it had secured $5.8 million in seed funding, led by Gemini Ventures. Additional......
Introducing ApeX: A Decentralized Perpetual Swap Protocol
DeFi News

Introducing ApeX: A Decentralized Perpetual Swap Protocol

Fintech News Desk
by Fintech News Desk0
Positioned as a stable ecosystem that prioritizes decentralized governance, disintermediation and provides a self-adjusting interest rate mechanism, ApeX is a revolutionary protocol that has the potential to become the standard for all crypto derivatives platforms In the last few years, the future of finance has been riding the decentralization wave,......
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