Tagged: investment

March 2, 2018 @ 2:11 pm By Samantha Hurst  |  

Wecash, a China-based fintech and big data tech company, announced on Friday it secured $160 million during its latest Series D funding round, which was led by ORIX Asia Capital and SEA Group, with participation from SIG, Sagamore, Forebright, Lingfeng Capital and Hongdao Capital.  Founded… Read More

March 2, 2018 @ 12:28 pm By Samantha Hurst  |  

C2FO, a fintech firm and market for working capital, announced this week it secured $100 million during its latest funding round, which was led by Allianz X and Mubadala Investment, with participation from existing C2FO investors Temasek, Union Square Ventures, and Mithril Capital. This investment comes… Read More

March 1, 2018 @ 10:06 am By Samantha Hurst  |  

London-based fintech firm TigerWit announced on Thursday it secured a $5 million investment from US technology investment firm Susquehanna International Group (SIG). According to the company, the funds will go towards further advancement of its mobile-focused trading technology and invest in new innovative technologies to enhance the client… Read More

February 28, 2018 @ 10:49 am By Samantha Hurst  |  

Payslip, an Ireland-based global payroll management software, and Fintech company, announced on Wednesday it secured a €1 million investment through its latest funding round, which was led by Frontline Ventures and AIB, with participation Technology Investors, Tribal, Bloom Equity and Enterprise Ireland. Founded in 2016, Payslip… Read More

February 27, 2018 @ 2:30 pm By Samantha Hurst  |  

Current, the fintech platform that allows teens to connect their money with the people, brands and experiences they value, announced on Tuesday that Fifth Third Capital, a direct equity investment subsidiary of Fifth Third Bancorp (NASDAQ: FITB), has joined the recently announced Series A funding,… Read More

February 23, 2018 @ 1:00 pm By Samantha Hurst  |  

BNP Paribas, the global Top-10 bank headquartered in France, announced this week it is launching its very own investment fund that dedicated to financial services and insurance. The company reported that the new fund will be managed by BNP Paribas Capital Partners, an arm of BNP Paribas Asset… Read More

February 21, 2018 @ 1:05 pm By Samantha Hurst  |  

On Wednesday, Canada-based fintech and global digital investing service, WealthSimple, announced it has secured £37 million through its latest investment round, which was led by Power Financial. Founded in 2014, Wealthsimple describes itself as a new kind of financial advisor, which is one that is… Read More

February 19, 2018 @ 4:12 pm By Samantha Hurst  |  

India-based fintech Invoice Bazaar Holdings announced this week it has purchased a minority stake for an undisclosed amount in online shipping documentation provider and partner, ODeX.  Founded in 2015, Invoice Bazaar describes itself as a startup opening in the arena of Supply Chain Finance (SCF). The… Read More

February 15, 2018 @ 12:00 pm By Samantha Hurst  |  

HighRadius, a fintech enterprise Software-as-a-Service (SaaS) company, has secured a strategic investment from Citi Ventures and PNC. The company, which was founded in 2006, states its HighRadius Integrated Receivables platform optimizes cash flow through automation of receivables and payments processes across credit, collections, cash application, deductions, electronic… Read More

February 13, 2018 @ 9:43 am By Samantha Hurst  |  

Australian marketplace lending platform DirectMoney announced on Tuesday it secured a strategic investment from alternative investment manager Alceon to fund growth and innovation initiatives. According to DirectMoney, the investment will be structured through an initial placement of $600,000 at $0.042 per share (being 14,285,715 new shares), a… Read More

February 12, 2018 @ 2:09 pm By Samantha Hurst  |  

On Monday, CreditEase announced its fintech investment fund, along with next47 and BMW i Ventures, has invested in California automotive fintech company, Fair. This news comes after Fair announced the acquisition of Uber’s Xchange Leasing subsidiary’s leasing portfolio. According to CreditEase, Fair was launched in August… Read More

February 1, 2018 @ 3:00 pm By Samantha Hurst  |  

Brazilian fintech EBANX announced on Wednesday it has secured a $30 million investment from FTV Capital. The company states it is focused on helping global merchants grow exponentially and increase revenue in Latin America by offering end-to-end local payments solutions, which allows businesses to sell to… Read More

January 29, 2018 @ 12:14 pm By Samantha Hurst  |  

Fineqia International Inc. (CSE: FNQ) (OTCPink: FNQQF) (Frankfurt: FNQA) announced on Monday it has made a cash investment for an equity stake in Nivaura, which recently demonstrated the world’s first crypto-currency denominated bond issuance that was cleared, settled and registered entirely on a public blockchain. According… Read More

January 25, 2018 @ 9:02 am By Samantha Hurst  |  

Singapore-based fintech platform tryb Group announced on Thursday it secured a $30 million investment by Makara Innovation Fund, a $717 million private equity fund that invests in IP-driven small- to mid- companies with the aim of scaling, internationalizing and creating enterprise value. Founded in 2016, tryb describes… Read More

January 17, 2018 @ 12:29 pm By Samantha Hurst  |  

On Wednesday, PeerStreet announced the launch of its new investment product, 30-Day Note, to provide increased liquidity for accredited investors at 30-day terms. According to the online lender, the 30-Day Notes product was launched quietly in October as a pilot program, is now offered monthly. It provides… Read More

January 11, 2018 @ 11:00 am By Samantha Hurst  |  

On Thursday, Danish fintech Cardlay announced it secured a $5 million investment from SEB and SEED as it prepares to expand globally. Founded in 2016, Cardlay describes itself as a single software platform that issues, loads, and manages cards and expenses globally. The company noted it… Read More

January 10, 2018 @ 2:46 pm By Samantha Hurst  |  

YieldStreet, an online marketplace for a diverse array of asset-backed investments, announced on Wednesday it has secured $113 million through its latest financing round, which included $12.8 million of Series A equity financing co-led by Greycroft and Raine Ventures, as well as a revolving credit facility of… Read More

January 8, 2018 @ 8:48 am By Samantha Hurst  |  

Bison, a Boston-based fintech company focused on developing innovative software solutions for the private markets, has closed a funding round led by FINTOP Capital with participating from existing investors, including Hamilton Lane (NASDAQ: HLNE) and GrandBanks Capital. Along with the investment, Bison also announced Rick Kushel, General Partner… Read More

January 2, 2018 @ 12:34 pm By Samantha Hurst  |  

Just a few months after he was dismissed from SoFi amid sexual harassment allegations, the founder and former CEO of the online lender, Mike Cagney, is now seeking $25 million for his new fintech startup. As previously reported, allegations in an NYT.com article criticized both SoFi operations… Read More

December 22, 2017 @ 1:35 pm By Samantha Hurst  |  

Allianz X, the digital investment unit of the Allianz Group, announced this week it has invested $96.6 million investment in BIMA, a digital microinsurer utilizing mobile technology to serve low-income customers in Africa, Asia, and Latin America. Allianz reported it has become BIMA’s sole insurance shareholder and… Read More