Tag : funding

COVID-19 Pandemic Proved that Underinvesting in Public Health Puts Lives and Livelihoods at Risk
Fintech Investments News

COVID-19 Pandemic Proved that Underinvesting in Public Health Puts Lives and Livelihoods at Risk

Fintech News Desk
by Fintech News Desk0
Chronic underfunding of public health system weakened the country’s COVID-19 response Chronic underfunding of the public health system was a key contributing factor in the nation’s flatfooted response to the COVID-19 pandemic, according to a new report, The Impact of Chronic Underfunding on America’s Public Health System: Trends, Risks, and Recommendations,......
Bitso Reaches Unicorn Status and Becomes One of the Most Valuable Fintechs in Latin America
Cryptocurrency Digital Fintech News

Bitso Reaches Unicorn Status and Becomes One of the Most Valuable Fintechs in Latin America

Fintech News Desk
by Fintech News Desk0
Bitso raises a US$250 million Series C from an all-star group of investors including Tiger Global, Coatue, Paradigm, BOND, Valor Capital Group, QED, Pantera Capital, and Kaszek With a US$2.2 billion valuation, Bitso becomes one of the most valuable Fintech companies and the most valuable Crypto Platform in the region......
Persona Secures $50 Million in Series B Funding to Become the Identity Layer of the Internet
Analytics Business News

Persona Secures $50 Million in Series B Funding to Become the Identity Layer of the Internet

Fintech News Desk
by Fintech News Desk0
Index Ventures Leads Round, Supporting Persona’s Vision for Personalized Identity Verification Persona, the identity infrastructure company offering businesses the building blocks to create a personalized identity verification experience for any use case, announced today that it has secured $50 million in Series B funding led by Index Ventures with participation......
FinTech Sandbox Empowers the FinTech Ecosystem as Alumni Prosper with Strong Financial Performance, Annual Survey Shows
Finance Fintech News

FinTech Sandbox Empowers the FinTech Ecosystem as Alumni Prosper with Strong Financial Performance, Annual Survey Shows

Fintech News Desk
by Fintech News Desk0
Program participants report high success rate with funding, customer acquisition, employment growth and revenue   FinTech Sandbox, a nonprofit that makes data and infrastructure available to early-stage fintech startups at no cost, today announced the results of its annual survey of current program participants and alumni illustrating the program’s positive......
Fortú launches Latino Digital Bank; Raises $5 Million led by Valar Ventures; Announces Miami HQ
Banking Fintech Mobile Banking News

Fortú launches Latino Digital Bank; Raises $5 Million led by Valar Ventures; Announces Miami HQ

Fintech News Desk
by Fintech News Desk0
Fortú is the culturally contextually digital bank account for U.S. Latinos and Hispanics Fortú announced the launch of its digital bank account focused on Latino and Hispanic U.S. residents who remain underserved by the “one size fits all” approach of traditional financial institutions. Fortú is building modern banking products with a......
BoostUp.ai Raises $6 Million in Series A Funding to Meet Increasing Demand for Integrated Revenue Intelligence & Operations Platform
Digital Finance Fintech News

BoostUp.ai Raises $6 Million in Series A Funding to Meet Increasing Demand for Integrated Revenue Intelligence & Operations Platform

Fintech News Desk
by Fintech News Desk0
BoostUp.ai, the integrated revenue intelligence and operations company, today announced $6 million in Series A funding, bringing its total capital raised to $14 million and coming only nine months its seed round. Canaan Partners led the new financing, with participation from Emergent Ventures and BGV Ventures. BoostUp.ai has seen remarkable......
Afripay Unveils Its First-of-its-kind Decentralized Payment Protocol
Digital Payments Fintech News

Afripay Unveils Its First-of-its-kind Decentralized Payment Protocol

Fintech News Desk
by Fintech News Desk0
With so many challenges confronting businesses in Africa, business people and entrepreneurs are left stranded without scaling their business ideas. The worst part of it is that, African businesses find it difficult to accept payments from their customers overseas, not to mention paying for supplies or shipping in the countries......
Arturo Raises $25 Million in Series B Funding For AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties
Analytics Finance Fintech News

Arturo Raises $25 Million in Series B Funding For AI Platform to Help P&C Insurers and Banks Better Understand Physical Properties

Fintech News Desk
by Fintech News Desk0
Already serving several leading property and casualty insurers globally, Arturo aims to further expand its geographic reach, while breaking into lending and other business sectors Arturo, an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, raised $25 million in a Series B funding round......
Current Triples Valuation to $2.2 Billion; Raises $220 Million in Series D Funding
Banking Fintech Mobile Banking News

Current Triples Valuation to $2.2 Billion; Raises $220 Million in Series D Funding

Fintech News Desk
by Fintech News Desk0
New investor Andreessen Horowitz leads round after record year of growth for financial technology company Current, a leading U.S. financial technology company serving Americans who are working to create a better future for themselves, announced today it has raised $220 million in Series D funding and tripled its valuation to $2.2 billion in just......
Mastercard to Donate $10 Million to Address India’s Covid Crisis
Finance Fintech News

Mastercard to Donate $10 Million to Address India’s Covid Crisis

Fintech News Desk
by Fintech News Desk0
Focus on Immediate Medical Needs, Including Mobile Hospitals and Oxygen Generators Mastercard announced a US$10 million (approximately 75 crore rupees) commitment to directly address critical Covid-related needs in India. Over the past few weeks, the country has seen a spike in both Covid diagnoses and deaths, with the healthcare system......
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