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DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%

DailyPay, the leading on-demand pay company, today announced it has secured over $175 million to fuel growth. The funding is divided between $100 million of expanded secured credit facility capacity provided by Citi and over $75 million in equity financing, which valued the company at $1.75 billion on a pre-money basis.

Friday, January 19, 2024 - 10:13
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Financial IT
Digital Onboarding Raises $58M

Digital Onboarding, the SaaS company helping more than 100 financial institutions deepen their customer relationships, today announced it closed a $58 million growth investment from Boston-based growth equity firm 

Friday, January 19, 2024 - 10:02
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Financial IT
Rangers Football Club name Ebury as Official FX Transfer Partner

Rangers Football Club is today delighted to announce a partnership with Ebury that will see one of the fastest-growing global fintech companies become the club’s Official FX Transfer partner.

The partnership will run until the end of the 2025/26 campaign, with Rangers becoming the latest addition to Ebury’s growing Sports portfolio.

Friday, January 19, 2024 - 09:52
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Financial IT
Kashable Closes $25.6M Series B Funding to Expand Financial Wellness Solutions for Employees

Kashable, a fintech platform that provides socially responsible credit and financial wellness solutions as an employer-sponsored voluntary benefit, today announced a Series B capital raise of $25.6 million. The round was co-led by Revolution Ventures and Moneta Ventures, with participation from EJF Capital and Krillion Ventures.

Friday, January 19, 2024 - 08:44
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Financial IT
Digital Asset Research Announces January 2024 Crypto Exchange Vetting Results

Digital Asset Research (DAR), a leading provider of crypto asset data and research, today announced the release of its January 2024 Crypto Spot Exchange Vetting results. In an environment where cryptocurrencies trade across hundreds of lightly regulated or unregulated exchanges, DAR’s vetting processes apply institutional-level diligence to digital asset markets to meet an industry-wide need for reliable crypto data. 

Friday, January 19, 2024 - 08:31
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Financial IT
EquiLend to Be Acquired by Welsh, Carson, Anderson & Stowe

EquiLend, the global technology, data, and analytics company for the securities finance industry, today announced that private equity firm Welsh, Carson, Anderson & Stowe (WCAS) has agreed to acquire a majority stake in the company. The acquisition is set to close in Q2 2024, subject to regulatory approvals.

Friday, January 19, 2024 - 08:29
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Financial IT
Clearent by Xplor Adds New Mobile App, Allows Merchants to Accept Payments Anywhere

Clearent by Xplor, a leading U.S. payment processor under Xplor Technologies, today announces its new mobile payment solution, Xplor Pay Mobile.

Thursday, January 18, 2024 - 13:15
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Financial IT
Kiln Raises $17 Million in Funding to Power Global Expansion of Its Innovative Institutional Staking Platform

Today, leading enterprise-grade staking platform Kiln, announces the close of a $17 million funding round led by 1kx, with participation from IOSG, Crypto.com, Wintermute Ventures, KXVC, LBank, and further contributions from existing investors.

Thursday, January 18, 2024 - 12:05
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Financial IT
Pomelo Received US$40 Million of Investment in Series B Round

Pomelo raised a new investment round of US$ 40 million, consolidating leadership in payment technology in Latin America.

The round was led by Kaszek, the largest venture capital fund in Latin America, and also included the participation of important international investors: Monashees, Index Ventures, Insight Partners, Endeavor Catalyst, S32, TQ Ventures, and Alter Global.

Thursday, January 18, 2024 - 11:43
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Financial IT
WealthArc and ZeroLink are Transforming Wealth Management with Artificial Intelligence

WealthArc, a Swiss-born global wealth data management solution provider, has partnered with ZeroLink, a pioneering company in neurosymbolic KGQA technology, to develop WealthArc AI & Analytics – a cutting-edge machine learning-powered “Chat with your data” service tailored for the wealth management space.

Thursday, January 18, 2024 - 11:27
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Financial IT

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