Tagged: Tech Firms

October 10, 2023 @ 3:19 pm By Omar Faridi  |  

Tracxn, a global SaaS-based market intelligence platform, has released its Geo Quarterly Report: Canada Tech – Q3 2023. The report, based on Tracxn’s extensive database, “provides insights into the Canada Tech space.” The Canada Tech startup ecosystem “received its highest-ever funding of $5.12 billion in… Read More

July 30, 2023 @ 8:59 pm By Omar Faridi  |  

Clear Capital, a national real estate valuation technology company, announced that it has entered into a strategic partnership with BeSmartee, a digital mortgage solution development company, in order “to offer a cost effective and efficient solution for mortgage and home equity origination property valuations.” Clear… Read More

June 16, 2023 @ 5:23 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a technology company for the cryptocurrency mining community, announced its unaudited mining and operations updates for May 2023. Linghui Kong, Chief Executive Officer of Bitdeer, commented: “We maintained stable operations during the month of May while remaining dedicated to the… Read More

June 14, 2023 @ 3:12 pm By Omar Faridi  |  

Discover Bank has launched a new mission-driven investment fund, the Discover Financial Health Improvement Fund, “to support startups and early stage technology companies who are developing solutions to improve the financial health of low- and moderate-income people, communities, and small businesses.” Discover Bank has “made… Read More

June 14, 2023 @ 11:57 am By Omar Faridi  |  

MACH Alliance, a group of independent tech companies dedicated to advocating for open, best-of-breed technology ecosystems, announced that Stripe has joined the Alliance. Stripe, which builds economic infrastructure for the internet, is “used by many of the world’s leading enterprises from Amazon to BigCommerce, Ford,… Read More

May 26, 2023 @ 2:04 am By Omar Faridi  |  

SC Ventures, Standard Chartered’s (LON: STAN) innovation, fintech investment and ventures arm, has exited its stake in Metaco SA, a Swiss-based tech firm offering critical software infrastructure that enables institutions to issue, secure, manage and trade digital assets. SC Ventures was “one of the early… Read More

May 6, 2023 @ 11:12 am By Omar Faridi  |  

Pagaya Technologies Ltd. (NASDAQ: PGY), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, has named two executives with “proven” track records to its team – Giancarlo Marchesi as General Manager and Eric Watson as Chief Legal Officer – adding to its… Read More

February 9, 2023 @ 9:02 am By Omar Faridi  |  

A senior board member at the Bank for International Settlements (BIS) has asked for a coordinated regulatory response in order to limit the incursions of Big tech companies such as Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) into financial services. The senior office argued that… Read More

December 30, 2022 @ 11:45 am By Omar Faridi  |  

We recently connected with Jacob Fernane, Founder and CEO of Pacific Lion LLC, a full-service equity investment and consulting firm for early-stage tech companies. Pacific Lion makes behind-the-scenes equity investments while guiding founders through a 12-18 month trajectory of milestones that lead to a liquidity… Read More

November 23, 2022 @ 4:22 pm By Omar Faridi  |  

Motive Partners, a specialist private equity firm focused on building, backing, and buying the technology companies that enable the financial economy, announces that it has entered into an agreement to acquire embedded/capital GmbH, a European venture capital platform “focused on supporting the next wave of… Read More

August 9, 2022 @ 11:04 pm By Omar Faridi  |  

Clara, the Latin American tech startup that offers an end-to-end corporate spend management solution for companies in the region, has announced an “approved” financing round from Goldman Sachs for “an initial $50 million with the option to upsize to $150 million.” The facility will “allow… Read More

July 30, 2022 @ 9:40 pm By Omar Faridi  |  

Commonwealth Bank has unveiled its latest technology hub designed “to support more than 400 software developers, cloud engineers and cyber specialists in the Melbourne CBD and help create new opportunities for Victoria’s expanding digital economy workforce.” The hub, based in the heart of Melbourne’s central… Read More

July 2, 2022 @ 3:18 pm By Omar Faridi  |  

Innoveo, a global tech firm and “pioneer” in no-code platform-as-a-service, announced that Oman Insurance company, one of the largest publicly listed insurers in the United Arab Emirates, has successfully gone live with its ZeroCode ‘KUDOS’ platform “leveraging Innoveo Skye, driving near-immediate efficiencies and enhancing the… Read More

June 30, 2022 @ 8:19 am By Omar Faridi  |  

Debt resolution tech company Ophelos has acquired £5 million in capital via a seed funding round that was reportedy led by AlbionVC. Vast Ventures, Form Ventures, Connect Ventures and Fly Ventures and angels including GoCardless co-founder Matt Robinson and Funding Circle co-founder James Meekings also… Read More

June 9, 2022 @ 11:27 pm By Omar Faridi  |  

The AXIAN Group recently revealed that it has joined Disruptech Egypt Fund I, which is a venture capital fund focused on supporting technology-enabled firms and Fintech startups in Egypt. Disruptech Egypt Fund I is a VC fund dedicated to further developing Egypt’s financial-technologies sector by… Read More

May 18, 2022 @ 7:45 am By Omar Faridi  |  

Venture capital funding into Irish tech companies increased by 52% to €379.7 million in the first quarter of 2022, when compared to €249.4 million in same period last year, according to the Irish Venture Capital Association VenturePulse survey published recently in association with William Fry…. Read More

May 5, 2022 @ 3:44 pm By Omar Faridi  |  

Allen & Overy’s technology innovation hub, Fuse, has launched its sixth cohort with “a record number of technology companies.” This year, Fuse will host 16 businesses headquartered across the U.S. and Europe as it “reopens its physical space in A&O’s London office, which it will… Read More

March 29, 2022 @ 1:18 am By Omar Faridi  |  

2021 was a “watershed” moment for the European technology startup ecosystem, according to an update from Capchase. More than $100 billion was invested in companies/businesses across the continent – “more than triple the amount in 2020.” This has put founders in a “rare” – and… Read More

March 14, 2022 @ 10:26 pm By Omar Faridi  |  

MUFG Bank (NYSE:MUFG) recently revealed that it intends to invest as much as $300 million in middle- to late-stage Indian startups via the newly established MUFG Ganesha Fund. In the foreseeable future, MUFG stated that it would plan to strategically leverage its group strengths in… Read More

February 2, 2022 @ 8:18 am By Omar Faridi  |  

The 2022 list of firms making up the French Tech Next40/120 indices was recently announced by the nation’s government. As a reminder to industry participants, these initiatives provide support intended specifically for French scaleups that are capable of becoming “world-class” technological leaders. The Next40 and… Read More