Tagged: austin

Austin based Ribbon Finalizes $2.7M in VC Funding

Ribbon announced it has closed $2.7 million in venture capital funding “to enable the Austin-based startup to roll out its unique fiscal sponsorship model for the burgeoning nonprofit industry.” The company’s fiscal sponsorship model “allows individuals looking to conduct charitable work to partner with existing… Read More

Fintech Startup Uplinq Financial Technologies Announces $1.25M Investment

Uplinq Financial Technologies – which claims to be the first global credit assessment and scoring platform for SMB lenders – announced: “a $1.25 million investment from ATX Venture Partners, an early-stage venture capital firm based in Austin, Texas.” This announcement “comes after Uplinq raised $3.5… Read More

Virtual Banking Service Provider Apiture Finalizes $29M Round

Apiture, which claims to be a “leading” provider of digital banking solutions, announced the closing of a $29 million fundraising round which was led by Live Oak Bank, with participation from other existing investors. The latest investment round “brings the total funding raised by Apiture… Read More

StellarFi Announces Public Launch, Empowering Americans to Build Credit by Paying Bills

StellarFi, a public benefit corporation, recently announced its credit-building product is now “available to everyone.” With this news, 132 million Americans — who currently have poor credit or no credit, or are living paycheck to paycheck –– “may build their credit rating simply by paying… Read More

Truelytics, Blackrock to Bring “Unique” Data and Analytics to Financial Advisors

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Truelytics recently teamed up with BlackRock (NYSE:BLK) to offer advisors “access to data, analytics, and insights to manage and grow their practices.” Financial advisors need access to the most “accurate, timely, and insightful tools for helping manage their practice and improve their valuation.” To that… Read More

Cross-Border Payments Fintech Routefusion Secures $10.5M from Canvas Ventures, Silverton Partners, Others

Routefusion, which claims to offer the most “comprehensive” Fintech solution for unlocking global expansion, has announced their $10.5 million seed “prime” funding round co-led by Canvas Ventures and Silverton Partners along with contributions from other investors. Other parties in Routefusion’s investment round reportedly include: Haymaker… Read More

US-Israeli Supply Chain Fintech 8fig Raises Combined $50M in Series A to Provide Digital Commerce Sellers with Flexible Capital

US-Israeli supply chain Fintech platform, 8fig, recently finalized a $50 million Series A round. The company’s investment round has been joined by existing investors Battery Ventures and LocalGlobe, along with serial entrepreneur and co-founder of Nested and GoCardless’ Matt Robinson. As mentioned in the update,… Read More

Jessica DiRubio: Chief Revenue Officer at AppBrilliance Says Future of Payments will be Open, Innovative, Secure

We recently caught up with Jessica DiRubio, the Chief Revenue Officer and Head of Partnerships at AppBrilliance, an Austin-based payments technology firm. AppBrilliance aims to power and support true, real-time non-custodial Open Payments and Banking services in the United States. The company enables businesses to… Read More

Austin Fintech AppBrilliance Introduces Push To Business or P2B Payments Model for Enhancing Digital Commerce

Austin-based AppBrilliance, a payments tech firm, recently announced its strategic vision with its latest Money API-enabled, Push-To-Business (P2B) payments model, which aims to replace the traditional model and will try to shift power back to the merchant (when it comes to extra transaction fees). AppBrilliance… Read More

Bitcoin Mining Firm Blockcap Inc Reports that it Mined 544 BTC During Q1 2021

Blockcap Inc., an established Bitcoin mining and blockchain tech firm based in the US, revealed on Friday (April 16, 2021) that it has mined a total of 544 BTC during Q1 2021. As mentioned in a release: “Coming on the heels of several large-scale acquisitions… Read More

P2P Lender Bondora Says Fintech Sector in European Countries like Portugal, UK, Germany Is Growing Rapidly

The team at Bondora, a European peer to peer lending platform, states that the first month of 2021 is “setting the tone” for the year to come. Bondora notes that the Fintech sector is still growing steadily. including Portugal’s financial technology industry as the country… Read More

Texas-based Fintech AppBrilliance, which Offers Payments and Money Movement Software, Secures $3 Million in Seed Funding

    Texas-based Fintech firm AppBrilliance, which offers an open payment platform, has acquired more than $3 million through a seed funding round that was joined by Studio VC. Headquartered in Austin, AppBrilliance aims to disrupt the $4 trillion payment processing sector by offering non-custodial… Read More

Corporate Entity Management Platform, ZenBusiness, Completes Acquisition of Fintech Platform, Joust

ZenBusiness, a corporate entity creation and management firm that makes it easy to start, run, and grow their businesses, has reportedly finalized its first acquisition of Austin-based Fintech platform, Joust. The amount that will be paid for the acquisition hasn’t been shared publicly. Ross Buhrdorf,… Read More

Wilmington Fintech Apiture to Work on Digital Transformation Strategy after Acquiring $20 Million in Capital

Wilmington-based Fintech company Apiture is reportedly planning to scale its business operations after acquiring $20 million in capital through an investment round. Established in 2017, Apiture also has business offices in Austin, Texas. The company says it is working on its digital transformation strategy as… Read More

Payroll and Bookkeeping Software Firm ScaleFactor Shuts Down due to Declining Revenue Following COVID-19 Outbreak

Business software provider ScaleFactor is reportedly shutting down, after securing $100 million in capital during the past year from major investors including Bessemer Venture Partners and Coatue Management. In March 2020, the financial services company began experiencing challenges due to the global COVID-19 outbreak, which… Read More

SXSW Announces Winners of the 10th Annual Accelerator Pitch Event

South by Southwest (SXSW) Conference & Festivals announced over the weekend the winners of the 10th annual Accelerator Pitch Event, which took place March 10th-11th during the Startup & Tech Sectors Track at the Downtown Hilton Austin. The event’s organizers also reported in addition to the 10 winners… Read More

Wanchain Teams Up With Various Austin Companies to Form Regional Blockchain Innovation Hub

Wanchain, a distributed financial infrastructure powered by cross-blockchain smart contracts with privacy protection, announced last week it has teamed with various Austin companies to form the Austin Blockchain Collective (ABC), which has a mission to advance blockchain-based education to the local community and grow the ecosystem and… Read More

Hippo Opens New Office in Texas Just Weeks After Announcing $25 Million Series B Investment

Less than a month after Hippo announced it secured $25 million through its Series B round, the California-based insurtech company announced the opening of its second office in downtown Austin. While sharing details about the new Texas location, Assaf Wand, Hippo Co-Founder and CEO, stated: “Hippo is… Read More

SXSW Announces 2018 Accelerator Pitch Event Finalists

  South by Southwest (SXSW) Conference & Festivals announced on Tuesday the finalists for the 10th annual SXSW Accelerator Pitch Event, to take place March 10th-11th during the Startup & Tech Sectors Track at the Downtown Hilton Austin in Austin, Texas. According to the organization, 50 startup finalists… Read More

SXSW Announces Winners for 2017 Accelerator Pitch Event

South by Southwest (SXSW) Conference and Festivals announced on Monday the winners for the ninth annual SXSW Accelerator Pitch Event, which took place March 11th-12th during the SXSW Startup Village Track at the Hilton Downtown Austin. The event’s judges include Phil Libin of General Catalyst, Sherwin Pishevar… Read More

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