Uplinq has raised $5.6 million in seed funding in a funding round led by AZ-VC, the Arizona-focused venture capital fund. The round included a strategic investment from Live Oak Ventures. Additional investors include Merus Capital and Members of the Kuwaiti Royal Family. This current funding… Read More
Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc. (Nasdaq: LOB), is focusing more energy on embedded finance services. According to a release, the digital platform has selected Jake Tupa to lead the organization’s embedded banking efforts. Tupa will report to Live Oak’s EVP of Corporate… Read More
Apiture, a provider of virtual banking services, reveals that it has completed Live Oak Bank’s retail bank migration to Apiture Open. After the deployment of Live Oak Bank‘s business banking experience using Apiture Open last year, the banking institution had further expanded the relationship to… Read More
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
North Carolina-headquartered nCino, which has created a cloud-based operating system for financial service providers, raised $80 million through an investment round led by T. Rowe Price Associates Inc. San Francisco-based Salesforce Ventures also took part in nCino’s funding round, which brings the Wilmington company’s total… Read More
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