Tagged: global

Global Fintech Drip Capital Surpasses $1 Billion in Cross-Border Trade Receivable Financing Transactions

Drip Capital, a global fintech, announced on Friday it has financed more than US$1 billion of cross-border trade through its online platform.  Founded in 2015, Drip Capital is on a mission to solve the “work capital problem” for SME exporter using technology. “Trade finance is… Read More

LendingPoint Secures $125 Million Growth Investment From Global Private Equity Firm Warburg Pincus

LendingPoint, a data and technology platform dedicated to democratizing credit and accelerating commerce, announced on Thursday it secured a $125 million growth investment from global private equity firm, Warburg Pincus. Founded in 2014, LendingPoint explained that it is committed to redefining who is able to… Read More

Rapyd Scores $300 Million Through Series D Funding Round Led By Coatue; Doubles Valuation to $2.5 Billion

  B2B fintech-as-a-service provider Rapyd announced on Wednesday it secured $300 million through its Series D financing round, which was led by Coatue with participation from Spark Capital, Avid Ventures, FJ Labs, Latitude, General Catalyst, Oak FT, Tiger Global, Target Global, Durable Capital, Tal Capital,… Read More

Global Financial Platform Provider SellersFunding Closes $100 Million Global E-Commerce Funding Program With European Investment Management Fasanara

SellersFunding, a global financial platform provider, announced on Tuesday the closing of a momentous receivables funding program with European alternative asset manager Fasanara Capital. According to SellersFunding, the multi-currency deal will allow for up to $100 million in funding across USD, GBP, EUR, and CAN… Read More

InsurTech NY Unveils Global Early-Stage InsurTech Competition

    InsurTech NY, an insurtech community that is located in the New York metro area, announced on Tuesday it has opened the application window for their annual .2021 InsurTech Early-Stage Competition. According to InsurTech NY, the competition will award $200,000 in prizes to three winning… Read More

Global Energy Company Enviva Joins Forces With GoChain to Pilot Blockchain Technology for Sustainable Biomass

  Enviva, a global energy company that specializes in sustainable wood bioenergy, announced on Monday it has joined forces with blockchain company GoChain to launch a new pilot program designed to enhance the traceability of sustainable biomass. According to the duo, this pilot program identified… Read More

Global Payments Network Veem Announces Multi-Rail Payment Technology Enhancements

  Global payments platform Veem announced on Wednesday core enhancements to its domestic and international routing technology. According to Veem, the enhancements will improve the way businesses pay and get paid within the U.S. and around the world. “Veem’s expansion of its multi-rail technology capabilities… Read More

Klarna Announces New Partnership & Integration With Verifone

  Payment processing platform Klarna announced on Tuesday it has formed a new partnership with payments and commerce solution platform Verifone. Klarna reported that through the partnership it will be available as the buy now pay later solution to millions of Verifone devices in the U.S…. Read More

U.S. Fintech Aeldra Launches Global Banking Mobile App

Aeldra, a U.S.-based fintech, recently announced it has launched its mobile banking app. Launched earlier this year, Aeldra is on a mission to provide access to global financial opportunities to customers all over the world. “Through a single App, customers will be able to seamlessly… Read More

German Fintech Solactive Receives €50 Million Growth Equity Investment From Summit Partners

Solactive, a Germany-based technology-enabled provider of indices and index solutions to the global financial services industry, announced on Thursday it received a €50 million minority investment from global growth equity firm Summit Partners. Founded in 2007, Solactive states it focuses on tailor-made indices across all… Read More

Global Investment Manager Investcorp Announces Sale of Cybersecurity Provider Avira to NortonLifeLock For $360 Million

  Investcorp, a global investment manager, specializing in alternative investments across private equity, real estate, credit, absolute return strategies, GP stakes, and infrastructure, announced on Monday it has entered into a definitive agreement to sell Avira (or the “Company”) to NortonLifeLock (NASDAQ: NLOK), a global… Read More

Global Payment Tech Nuvei Announces Acquisition of Integrated Payment Solutions Base Commerce

    Nuvei, a global payment technology provider based in Canada, announced on Wednesday it has acquired Base Commerce, LLC, a provider of integrated payment solutions. According to Nuvei, Base was founded in 2008 and serves clients in a wide range of industries such as… Read More

BBVA Develops Global Commercial Cards to Allow Companies to Have Greater Control of Employees’ Use of Commercial Cards

BBVA announced on Monday it has developed Global Commercial Cards, a solution that allows companies to have greater control of employees’ use of commercial cards simplifying the processes of expense submission and approval. “The new solution tailors to the needs of all types of companies,… Read More

Marqeta Announces Global Card-Issuing Partnership With Uber

Marqeta, a fintech unicorn that claims to be the first global modern card issuing platform, announced on Tuesday it has formed a global card issuing partnership with Uber. Marqeta reported that the partnership is considered a critical financial infrastructure for its global expansion. The company… Read More

Global Payments Network Veem Launches New Service “Veem Check” to U.S. Users

Global payments platform Veem announced on Wednesday the launch of its latest product, Veem Check. According to Veem, U.S.-based users can now issue all of their domestic payments, which include online, check, or Instant Deposit, within minutes on the Veem platform.  “As small-to-midsize businesses continue… Read More

Mogo Announces Expansion into Global B2B Fintech Market Through Digital Payments Technology Carta Worldwide Acquisition

Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Tuesday it has reached a definitive agreement to acquire Carta Solutions Holding Corporation, also known as Carta Worldwide. According to Mogo, Carta is a next-gen digital payments solution and through the acquisition, Mogo will be expanding into… Read More

Global Working Capital Network LiquidX Announces Expansion of Strategic Relationship & Multi-Year Investment With Broadridge

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LiquidX, a global network for illiquid assets, announced on Monday it has secured a multi-year investment and expanded its partnership with global fintech Broadridge Financial (NYSE: BR). LiquidX reported that through the partnership Broadridge will provide it with strategic operational services for payment processing, account… Read More

Global Fintech Infrastructure Platform Nium Announces Expansion into Africa With New Executive Appointments

Nium, a global financial technology infrastructure platform, announced on Tuesday it is expanding its services into Africa. According to Nium, the expansion will be led by newly appointed executive Dana Nino (Senior Vice President for Global Growth, Customer Success, and Partnerships) and will be supported… Read More

Visa Launches “Visa Tap to Phone” in More Than 15 Markets With Plans to Expand into the U.S.

  Visa (NYSE: V) announced on Wednesday after piloting Visa Tap to Phone over the past year, the financial giant is now making the product available in more than 15 markets with plans to expand to the United States and accelerate global product growth in… Read More

U.S. Neobank Unifimoney Teams Up With Nium to Provide International Remittance Capability

Nium, a global fintech infrastructure platform, announced on Tuesday it has formed a partnership with U.S. neobank Unifimoney to enhance the outbound money transfer experience for Unifimoney users. Nium further revealed that the collaboration will expand Unifimoney’s capabilities, as well as introduce real-time global payment… Read More

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