Tag : funding

Fintech KOHO Raises $70 Million to Scale Better Banking for Canadians
Banking Fintech News

Fintech KOHO Raises $70 Million to Scale Better Banking for Canadians

Fintech News Desk
by Fintech News Desk0
KOHO Financial, the rapidly growing Canadian challenger bank, announced that it has closed a $70 million oversubscribed Series C funding round. The round was led by new investor TTV Capital, with renewed commitments from existing investors Drive Capital and Portag3 Ventures. The capital injection will allow KOHO to continue its......
FiVerity Secures $2M Round to Accelerate Growth and Expand its Cyber Fraud Detection Platform for Banks, Credit Unions and Credit Card Providers
Finance Fintech News

FiVerity Secures $2 Million Round to Accelerate Growth and Expand its Cyber Fraud Detection Platform for Banks, Credit Unions and Credit Card Providers

Fintech News Desk
by Fintech News Desk0
FiVerity’s Machine Learning-Powered Platform Addresses Fast-Growing Types of Cyber Fraud and Other Rapidly Expanding Financial Crimes  FiVerity, Inc., a leading provider of cyber fraud detection and threat intelligence, announces today that it closed a $2 million round of financing to expand its cyber fraud detection and threat intelligence platform, which addresses......
MODIFI Announces New 60m USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111m USD to Fuel Global Expansion
Fintech News Trading

MODIFI Announces New 60m USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111m USD to Fuel Global Expansion

Fintech News Desk
by Fintech News Desk0
MODIFI will use the funds to expand into the US, as well as address increasing demand in its existing markets. MODIFI’s digital trade finance platform provides SMEs with buyer and seller financing in a matter of days. MODIFI tripled its business in 2020 and launched in four new markets during......
Angola: African Development Bank Funds $530 Million Electricity Project To Expand Renewable Energy And Regional Connectivity
Finance Fintech News

Angola: African Development Bank Funds $530 Million Electricity Project To Expand Renewable Energy And Regional Connectivity

Fintech News Desk
by Fintech News Desk0
The project, once operational in 2023, will avert the consumption of 46.8 billion litres of diesel per year in the south, cutting 80 megatons of CO2 emissions The African Development Bank has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect......
Autobooks Raises $25 Million in Series B Funding
Featured Mobile Banking News

Autobooks Raises $25 Million in Series B Funding

Fintech News Desk
by Fintech News Desk0
Autobooks, the small business payment and accounting services platform, announced that they have raised $25 million in Series B financing, led by MissionOG.  The round also includes participation from other investors including Renaissance Venture Capital, Detroit Venture Partners and Draper Triangle, along with TD Bank Group. “The ability to receive payments online is vital for today’s small......
NuORDER Announces $ 45 Million Funding
B2B Digital Payments Finance News

NuORDER Announces $ 45 Million Funding

Fintech News Desk
by Fintech News Desk0
Leading B2B Commerce Platform’s Latest Investment Round Signals Rapidly Changing Wholesale and Retail Landscape NuORDER, the leading B2B e-commerce platform, announces that it has raised $ 45 million in a funding round led by Brighton Park Capital and Imaginary Ventures. This funding is a testament to the acceleration of digital buying......
Womply Partners with DreamSpring to Help Under-Served Businesses Access the Paycheck Protection Program via PPP Fast Lane
Digital Payments Finance Fintech News

Womply Partners with DreamSpring to Help Under-Served Businesses Access the Paycheck Protection Program via PPP Fast Lane

Fintech News Desk
by Fintech News Desk0
Womply, the local commerce platform that provides apps, APIs, marketing, and financial tools to more than 500,000 small businesses, announced an integrated partnership with DreamSpring, a nonprofit lender serving entrepreneurs and small businesses. DreamSpring joins Womply’s PPP Fast Lane program, which enables the smallest businesses to access vital Paycheck Protection......
Flutterwave Closes USD $170 Million Funding
Digital Digital Payments Mobile Banking News

Flutterwave Closes USD $170 Million Funding

Fintech News Desk
by Fintech News Desk0
Flutterwave, Africa’s leading payments technology company, announces it has secured USD $170 million from a leading group of international investors as part of a successful Series C round. The round was led by growth-equity firms Avenir Growth Capital (“Avenir”) and Tiger Global Management LLC (“Tiger Global”) with participation from new and existing investors.......
Roostify Hires First Chief Compliance Officer
Finance Fintech News

Roostify Hires First Chief Compliance Officer

Fintech News Desk
by Fintech News Desk0
Industry Veteran Will Ensure Roostify is Ahead on Compliance, Data Security Mortgage industry veteran Roger Fendelman has joined premium home lending technology provider Roostify as its first Chief Compliance Officer. Fendelman will oversee the company’s governance, risk, compliance, and information security  programs. Roger Fendelman, a mortgage compliance attorney, has nearly 25 years......
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