Tag : funding

MotoRefi Announces $45 Million Series B Fundraise Led by Goldman Sachs Asset Management
Fintech News

MotoRefi Announces $45 Million Series B Fundraise Led by Goldman Sachs Asset Management

Fintech News Desk
by Fintech News Desk0
Auto FinTech leader achieves major milestones, accelerates growth Leading Auto Fintech startup, MotoRefi, has announced a $45 million Series B funding round led by Goldman Sachs Asset Management’s Growth Equity team (Goldman Sachs). The fundraise comes as the company experiences continued, accelerated growth and achieves major milestones. MotoRefi works directly......
Largest eCommerce Funding and Payments Platform Payability Adds Two Strategic Executives To Its Board
Digital Finance Investments News

Largest eCommerce Funding and Payments Platform Payability Adds Two Strategic Executives To Its Board

Fintech News Desk
by Fintech News Desk0
Industry Leaders To Help Drive Expansion of Growing ML-Driven eCommerce Financial Tools Payability, the leading funding and payments platform for eCommerce sellers, today announced the addition of two industry experts who join the Board of Directors to help further advance the company’s growing market share across eCommerce platforms. The strategic......
Vesttoo Appoints Former State Street Bank and Credit Suisse Executive to Lead Growth of $1B Insurance-Linked Program
Banking Finance News

Vesttoo Appoints Former State Street Bank and Credit Suisse Executive to Lead Growth of $1B Insurance-Linked Program

Fintech News Desk
by Fintech News Desk0
Robert Schumaker brings 20 years of experience in building highly profitable solutions for leading financial institutions, and will lead Vesttoo’s Insurance-Linked Program (ILP), providing investors with long-term, sustainable alpha generated by a security-based collateral program Vesttoo Ltd., a leading global Alternative Reinsurance platform, is very proud to announce that Robert Schumaker,......
PayPal Invests Additional $50 Million in Black and Latinx-Led Venture Capital Funds as Part of $535 Million Commitment
Commerce Finance Fintech News

PayPal Invests Additional $50 Million in Black and Latinx-Led Venture Capital Funds as Part of $535 Million Commitment

Fintech News Desk
by Fintech News Desk0
PayPal Holdings, Inc. announced that it will invest an additional $50 million in 11 Black- and Latinx-led early-stage venture capital funds, including Aperture Venture Capital; Collab Capital; Interlace Ventures; Kapor Capital; MaC Venture Capital; Noemis Ventures; Seae Ventures; SV LATAM Capital; and three additional funds. These build upon the $50 million investment by PayPal in......
Paysend Secures $125 Million in Series B Funding to Accelerate Expansion of Its Global Payments Platform
Digital Payments Fintech Investments News

Paysend Secures $125 Million in Series B Funding to Accelerate Expansion of Its Global Payments Platform

Fintech News Desk
by Fintech News Desk0
Card-to-card transfer pioneer to accelerate growth of global payments platform for consumers and SMEs to target $133tn opportunity in cross-border payment flows Paysend, the card-to-card pioneer and international payments platform, has closed a Series B funding round of $125m, led by One Peak, with participation from Infravia Growth Capital, Hermes......
M&T Bank Customers Secure Nearly $10 Billion in Paycheck Protection Program Funding
Banking Finance News

M&T Bank Customers Secure Nearly $10 Billion in Paycheck Protection Program Funding

Fintech News Desk
by Fintech News Desk0
M&T Bank Corporation, the nation’s fifth largest Small Business Administration (SBA) lender in fiscal year 2020, today announced more than 58,000 of its business customers received approval for a total of about $9.8 billion in funding through the Paycheck Protection Program (PPP), which has now closed to most new applicants. M&T has......
Pine Labs Completes a First Close of $285 Million Funding from New Cross-over Investors
Fintech News

Pine Labs Completes a First Close of $285 Million Funding from New Cross-over Investors

Fintech News Desk
by Fintech News Desk0
Company to further scale its merchant commerce and Online payments product stack Pine Labs, one of Asia’s leading merchant commerce platforms, announced that it has completed a new round of financing from well-regarded public market cross-over investors including Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward......
Clipper launches on Google Pay, Debuts New Mobile App for Android™ Phones
Banking Digital Payments News

Clipper launches on Google Pay, Debuts New Mobile App for Android™ Phones

Fintech News Desk
by Fintech News Desk0
The Metropolitan Transportation Commission (MTC) today launched the Clipper regional transit-fare payment card on Google Pay, and also released a mobile app for easier management of Clipper cards on Android phones. The agency last month introduced Clipper on Apple Pay. Clipper on Google Pay gives Android users who ride 24......
Vise Raises $65 Million in Series C Round
Investments News

Vise Raises $65 Million in Series C Round

Fintech News Desk
by Fintech News Desk0
Vise, an AI-powered investment management platform built for advisors, announced it has raised $65 million in Series C funding. The latest round was led by Ribbit Capital, with participation from existing investors including Sequoia Capital. The Series C round brings the total capital raised since Vise’s founding to over $125 million. Since the......
DailyPay Raises $500 Million to Boost On-demand Pay Solutions Market
Featured Fintech Startups

DailyPay Raises $500 Million to Boost On-demand Pay Solutions Market

Sudipto Ghosh
by Sudipto Ghosh0
B2B Fintech company DailyPay has announced it has secured $500 million of capital. DailyPay is a leader in on-demand pay solutions for enterprises. DailyPay secured a $175 million Series D equity round led by Carrick Capital Partners with participation from existing investors. In addition, the company also raised $325 million......
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