Tag : funding

MODIFI Announces New 60m USD Debt Facility with Silicon Valley Bank, Brings Total Raised Capital to 111m USD to Fuel Global Expansion
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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
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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
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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
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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
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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
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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
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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......
Vestigo Ventures Expands Expertise and Vision with New Hire
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Vestigo Ventures Expands Expertise and Vision with New Hire

Fintech News Desk
by Fintech News Desk0
Kelly Shaw brings a wealth of financial experience and founder insight to the FinTech firm Vestigo Ventures, Boston’s first FinTech venture capital firm, has announced the hiring of Kelly Shaw as the company’s first principal. “The success of any venture capital firm is highly correlated to the quality of its management,” says Vestigo’s cofounder, Mark......
FD7 Ventures Invests in BitcoinBlack, Canada’s First Bitcoin Credit Card
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FD7 Ventures Invests in BitcoinBlack, Canada’s First Bitcoin Credit Card

Fintech News Desk
by Fintech News Desk0
FD7 Ventures, a global cryptocurrency investment fund, announced that they have invested in BitcoinBlack (12756846 Canada Inc.), acquiring 33% Class A voting common shares in the company. “We invested in BitcoinBlack because it is a big step toward the mainstream adoption of Bitcoin and crypto across Canada. It gives Canadians the......
Unchained Capital Closes $5.5 Million Round Led by NYDIG, Including $50 Million Lending Capital Commitment
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Unchained Capital Closes $5.5 Million Round Led by NYDIG, Including $50 Million Lending Capital Commitment

Fintech News Desk
by Fintech News Desk0
Unchained Capital, Inc. announced the closing of a $5.5 million equity seed round led by institutional Bitcoin technology and financial services firm NYDIG. In addition to leading the equity round, NYDIG has made an initial lending commitment of $50 million, and will continue to be the principal funding partner to Unchained in......
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