Biotech company looks to streamline AP processes to speed cycle time and provide foundation for rapid business growth

Selected companies focus on streamlining low- to moderate-income, Black, and Latinx individuals’ navigation and use of benefits and tools in support of better financial health

iink Payments, a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims, announced it has closed on a $6 million debt facility with accordion up to $100 million in partnership with a Los Angeles-based asset management firm.

The capital will be used to fund the rapidly expanding iink Advanced Funding program that provides short-term advances to restoration contractors constrained by cash flow issues commonly found in insurance work.

Digital assets and cryptocurrency lost to fraud can sometimes be recovered, but only if you act fast and seek expert support. 

That’s the advice from Emily Drake, a legal director at Gateley Legal, who comments: “It’s tempting to see blockchain as a ‘black hole’ for fraud, but records of ownership and the right discovery techniques do mean that stolen digital assets can be traced”.

Today it’s been announced that fintech workplace pension and savings provider Cushon has won Fast Company’s 2022 World Changing Ideas Award for its Net Zero Now pension. 

Cushon’s Net Zero Now pension was selected as a winner from a pool of around 3,000 global entries from sectors including transportation, education, food, politics, technology, health, social justice.

Former CIA officer Mike Castiglione leads group to bridge public/private sectors on critical blockchain national security issues

• Next generation payment infrastructure already provides seamless web and mobile payments, supporting 6k merchants across 12 markets
• Funding will be used to almost double the size of  team and launch into new markets

kevin., the Lithuanian fintech startup providing an advanced A2A (account-to-account) payment infrastructure to replace costly card transactions, today announces that it has secured $65 million in Series A funding.

Josh Gunnell, director of fraud & ID at TransUnion in the UK, comments on the recent ONS fraud statistics: 

The acquisition will include an initial controlling stake in Radiflow with a phase 2 planned for Q1 2025. “We are confident that this transaction will enable Radiflow to continue its growth in the fast-growing OT Security market,” said Ilan Barda, CEO of Radiflow.

Cheq, the fintech enabling easier cryptocurrency payments, has raised a $2 million pre-seed round led by Connect Ventures, alongside Semantic Ventures, firstminute Capital, and 30 angels including former leadership from Monzo, Revolut and Tide. The funding will enable Cheq to establish itself as the primary option for taking payment with stablecoins that are pegged to the US dollar, removing price volatility for both merchant and consumer.