Tag : funding

Financial Health Startup SeedFi Launches And Announces $65 Million In Funding To Help Underserved Americans Build Credit and Savings To Accelerate Their Economic Progress
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Financial Health Startup SeedFi Launches And Announces $65 Million In Funding To Help Underserved Americans Build Credit and Savings To Accelerate Their Economic Progress

Fintech News Desk
by Fintech News Desk0
Andreessen Horowitz General Partner Angela Strange Joins Board of Fintech Company After Leading Series A Round SeedFi, the financial health startup helping Americans build credit, save money, access funds, and plan for the future, launched today and announced it has raised $65 million in funding, including $15 million in equity......
Pagaya Hires Peter Silberstein As Head Of Capital Development
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Pagaya Hires Peter Silberstein As Head Of Capital Development

Fintech News Desk
by Fintech News Desk0
Pagaya, a global, data-driven financial technology company reshaping asset management, today announced the hire of Peter Silberstein as Head of Capital Development, further fueling the firm’s growth. Read More: Aurora Mobile Partners with Taikang Life Insurance to Strengthen Smart Insurance Solutions with AI Technologies Last year, Pagaya hired five finance industry......
EBA Clearing's RT1 Reaches Critical Mass of Belgian PSPs for Instant Payments
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EBA Clearing’s RT1 Reaches Critical Mass of Belgian PSPs for Instant Payments

Fintech News Desk
by Fintech News Desk0
EBA CLEARING announced today that its RT1 platform has reached critical mass in Belgium for instant payments. The leading pan-European instant payment infrastructure system currently counts six participants based in Belgium: Aion SA, BNP Paribas Fortis, Belfius, CBC Banque, ING Belgium and KBC Bank. Thanks to this coverage, the vast......
Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January
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Biz2Credit Small Business Lending Index Finds Loan Approval Rates at Banks Have Plummeted More Than 50% Since Last January

Fintech News Desk
by Fintech News Desk0
Small business loan approval percentages at big banks ($10 billion+ in assets) increased slightly to 13.2% in January 2021 from December 2020’s figure of 13.1%, according to the latest Biz2Credit Small Business Lending Index™ released today. In comparison, one year ago in January 2020, big banks approved a record high......
Splitit Secures $150m Facility From Goldman Sachs
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Splitit Secures $150m Facility From Goldman Sachs

Fintech News Desk
by Fintech News Desk0
Splitit Payments Limited (“Splitit” or the “Company”), a global payment solutions provider, announces that it has signed a US$150 million receivables funding facility with Goldman Sachs Bank USA to support the expansion of its business. Read More: How Blockchain and DeFi are Impacting Fintech The new three-year revolving facility complements the......
New AppSmart Invest Program Provides Smart Funding to Business Owners
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New AppSmart Invest Program Provides Smart Funding to Business Owners

Fintech News Desk
by Fintech News Desk0
Innovative Financial Program Helps Channel Businesses Monetize the Business They’ve Built Over the Years AppSmart®, a division of AppDirect®, announced today the launch of AppSmart Invest, an innovative funding program designed exclusively for technology advisors. Read More:Malaysian Regulators Warn Investors off Social Media Chatrooms “From our first conversation, it was clear......
Robinhood Raises $3.4 Billion to Fuel Record Customer Growth
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Robinhood Raises $3.4 Billion to Fuel Record Customer Growth

Fintech News Desk
by Fintech News Desk0
Round led by Ribbit Capital with participation from existing investors including ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, and NEA Robinhood has raised $3.4 billion to continue to invest in record customer growth, including $1 billion in funding announced on January 29. This funding is a strong sign of confidence from......
Former Mastercard President Launches Global PayTech Ventures
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Former Mastercard President Launches Global PayTech Ventures

Fintech News Desk
by Fintech News Desk0
Former President of Mastercard Europe, Javier Perez today announced the launch of Global PayTech Ventures (GPT), the first venture capital firm focused exclusively on ground-breaking payment technology. Read More: Santander Invests in Connecting Visions to Help SMEs Gain Access to Consulting Services “We believe payment technology has the ability to......
Elinvar Successfully Signs €25 Million Funding Round With Toscafund as Lead Investor
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Elinvar Successfully Signs €25 Million Funding Round With Toscafund as Lead Investor

Fintech News Desk
by Fintech News Desk0
January 21, 2021 Berlin-based WealthTech PaaS Elinvar successfully signs €25 million funding round to scale its multi-tenant platform, connecting the wealth management ecosystem. The lead investor for the round is Toscafund Asset Management (subject to approval of the BaFin, the federal office for financial supervision). Existing shareholders Ampega Asset Management,......
PPRO Raises $180 Million for the Next Era of Local Payments Infrastructure, Is Now Valued Over $1 Billion
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PPRO Raises $180 Million for the Next Era of Local Payments Infrastructure, Is Now Valued Over $1 Billion

Fintech News Desk
by Fintech News Desk0
New investment from Eurazeo Growth, Sprints Capital and Wellington Management after another year of hypergrowth for PPRO PPRO, the global provider of local payments infrastructure, announced over US $180 million in new investment. Investors include Eurazeo Growth, Sprints Capital, and Wellington Management. This news comes just six months after the company raised US $50......
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