Electronica Finance Limited (EFL), one of India’s largest providers of loans to MSMEs (Micro, Small, and Medium Enterprises), today said that it has agreed upon $48 million of new funding.
All content with RSS
Electronica Finance Secures $48m in Series B
Friday, April 5, 2024 - 13:05
59337
/news/fundraising-news/electronica-finance-secures-48m-series-b
Financial IT
Beeks and Securities & Trading Technology (STT) Announce Groundbreaking Partnership to Transform Exchange Trading and Clearing
Beeks Group, a pioneer in financial cloud computing and connectivity solutions, and Securities & Trading Technology (STT), a leader in trading, clearing, and surveillance technology, are delighted to announce a strategic partnership that is set to reshape the future of exchange trading and clearing services. This collaboration introduces an innovative, service-based solution designed to meet the evolving needs of the global financial markets.
Friday, April 5, 2024 - 12:54
59336
/news/financial/beeks-and-securities-trading-technology-stt-announce-groundbreaking-partnership
Financial IT
Q&A with Anti-money Laundering Expert
According to the United Nations, 2-5% of global GDP is laundered each year, amounting to $800 billion - $2 trillion in US dollars. Of course, due to the clandestine nature of money laundering, the extent of it can be considered fairly unclear. But the problem with it is clear.
Friday, April 5, 2024 - 12:20
59335
/content/qa-anti-money-laundering-expert
Financial IT
PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth
PowerPay, a leading fintech company specializing in real-time lending and payment solutions for contractors and physicians announced the closing of their inaugural securitization obtained by home improvement and elective medical loans and a 144A transaction rated by KBRA.
Friday, April 5, 2024 - 11:57
59334
/news/fundraising-news/powerpay-completes-1189-million-asset-backed-securitization-further-growth
Financial IT
Netgain Announces $35 Million Investment from Summit Partners to Accelerate its Mission to Modernize Accounting
Netgain, a leading software provider for finance and accounting teams, today announced a $35 million minority investment led by global growth investor Summit Partners. The funding will be used to fuel product development, and team expansion and support Netgain’s overall commitment to helping accountants gain time back in their day by automating routine tasks.
Friday, April 5, 2024 - 11:40
59333
/news/fundraising-news/netgain-announces-35-million-investment-summit-partners-accelerate-its-mission
Financial IT
Oka™ Closes $10-Million in Funding
Oka, The Carbon Insurance Company (Oka)™ has closed a $10-million investor raise that sets the foundations for its next growth phase.
Friday, April 5, 2024 - 11:20
59332
/news/fundraising-news/okatm-closes-10-million-funding
Financial IT
Hello Alice Announces Series C Funding Round
Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections, and opportunities, announced today the close of a Series C funding round with QED Investors, Mastercard, and others, bringing their total company valuation to $130 million. This new funding will continue to fuel Hello Alice's expansion of its capital offerings and AI-driven financial health tools for small businesses.
Friday, April 5, 2024 - 11:10
59331
/news/fundraising-news/hello-alice-announces-series-c-funding-round
Financial IT
Finzly Launches Account Galaxy: Embedded Banking Solution with Virtual Account and Virtual Ledger Capabilities
Friday, April 5, 2024 - 10:50
59330
/news/banking/finzly-launches-account-galaxy-embedded-banking-solution-virtual-account-and-virtual
Financial IT
Moomoo and Nasdaq Announce Global Strategic Partnership; Empowering Investors with Premier Data Solution, Nasdaq TotalView®
Moomoo, one of the world's leading investment and trading platforms, has proudly announced a global strategic partnership with Nasdaq, a premier provider of platforms and services for global capital markets. This collaboration marks a significant milestone in the longstanding relationship between the two esteemed brands, who share a commitment to empowering investors with advanced trading technology and comprehensive market insights.
Friday, April 5, 2024 - 10:43
59329
/news/trading-systems/moomoo-and-nasdaq-announce-global-strategic-partnership-empowering-investors
Financial IT
Xoom Enables PayPal USD as a Funding Option for Cross-Border Money Transfers
Xoom, PayPal's cross-border money transfer service, announced today that U.S. users now have the option to fund money transfers to friends and family abroad using USD converted from PayPal USD (PYUSD), a U.S. dollar-denominated stablecoin. Rolling out to customers in the U.S. starting today, the new funding option will allow U.S.
Friday, April 5, 2024 - 10:34
59328
/news/foreign-exchange/xoom-enables-paypal-usd-funding-option-cross-border-money-transfers
Financial IT
