Fintoc, a pioneering Chilean startup offering an instant payments API, has successfully raised $7 million in a Series A funding round, TechCrunch has reported. The investment was led by Propel, with significant participation from Monashees, which also spearheaded Fintoc’s $3 million seed round in June… Read More
The British Business Bank has announced a new ENABLE Funding facility to Propel, an independent asset finance provider. Propel was launched in 1996 to provide accessible finance to SMEs in the UK. Today, Propel has grown to become one of the UK’s largest independent finance… Read More
Following a “successful” inaugural tax season, April Tax Solutions Inc., a personal income tax platform that embeds into digital financial apps, announced that it has raised $30 million in a Series A round. The Fintech startup has “gained the attention of unicorn founders and leaders… Read More
emerchantpay and Propel have announced a new partnership to collaborate on “finance card payment terminals,” according to a statement by the two companies. emerchantpay is a global payment service provider for online, mobile, in-store, and over-the-phone payments. Propel is a specialist asset finance lender, helping… Read More
BBVA announced on Tuesday it plans to invest as much as $150 million in new capital to support Propel Venture Partners (PVP), bringing its total commitment to over $400 million, including its previous investment in 2016. BBVA reported that this announcement builds on the… Read More
On Monday, Crowdfunder UK announced it has teamed up with Propel by Deloitte for a new initiative that supports exporting businesses. The crowdfunding platform revealed that it and Propel are looking to offer five businesses that are currently exporting, or looking to do so in the future, the chance to… Read More
Financial Solutions Lab is a five-year program aimed at harnessing and developing top FinTech companies to create products that tackle Americans’ most pressing financial issues. In July, the lab chose 9 startups to join year one of its five-year program. Each of the companies received $250,000 in… Read More
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