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Feather Secures €6 Million Funding Round Led by Keen Venture Partners

Feather, the pioneering digital insurance platform tailored for European expats, announced today the successful closure of a €6 million funding round. This investment was led by Keen Venture Partners, with significant participation from Plural and senior leaders from industry giants including Allianz, AXA, and Bastian. Notable investors joining Feather’s cap table include Monzo founder Tom Blomfield, Matt Robinson of GoCardless and Nested, N26’s CTO Gino Cordt, and Oyster founder Tony Jamous.

Friday, June 28, 2024 - 15:07
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Financial IT
Rainforest Raises $20M to Transform Embedded Payments for Software Platforms

Rainforest, a payment provider purpose-built for software platforms, today announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners.

Friday, June 28, 2024 - 11:36
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Financial IT
Zeti Announces Series A Investment from HYCAP Group

Zeti, the award-winning innovator in fintech for clean transport adoption, today announced a £5m investment from HYCAP Group, the UK-based net zero energy transition investor, as part of Zeti’s series A financing.

Zeti will join HYCAP’s rapidly growing portfolio of net zero assets and infrastructure companies, which already include Wrightbus, Ryze, Hygen and Yamna, as well as benefiting from HYCAP’s global reach and access to capital.

Friday, June 28, 2024 - 11:31
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Financial IT
Buy Now, Pay Later Sezzle Expands Payment Streaks Program to Canadian Users

Sezzle, the most popular Buy Now, Pay Later (BNPL) provider in Canada, is delighted to announce that its innovative Payment Streaks feature is now available to Canadian users. Following its successful launch among U.S. consumers, we are excited to bring this feature to Canada, rewarding Sezzle users for consistently making timely payments, promoting financial responsibility and enhancing the overall customer experience.

Friday, June 28, 2024 - 11:22
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Financial IT
Medius Unveils Two Groundbreaking AI Solutions to Revolutionize Accounts Payable Efficiency

Medius, a leading provider of AI-driven solutions for Accounts Payable (AP) automation, today announces the launch of two innovative products: Medius Copilot for Accounts Payable Automation (APA) and Medius Supplier Conversations.

Friday, June 28, 2024 - 11:19
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Financial IT
Nium Appoints Spencer Hanlon to Chief Operating Officer

Nium, the global leader in real-time cross-border payments, today announced the appointment of Spencer Hanlon to the role of Chief Operating Officer (COO). Previously, Hanlon served as Nium's Global Head of Travel, spearheading one of the company's fastest-growing business units. Hanlon joined Nium in 2021 via the acquisition of Ixaris Group Ltd., where he served as Chairman.

Friday, June 28, 2024 - 11:16
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Financial IT
Slide Insurance Secures $175 Million Senior Credit Facility

Slide Insurance announced today that it has secured a $175 million senior credit facility led by Regions Bank in its capacity as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner. Synovus Bank and Texas Capital Bank, through its TCBI Securities Inc. division, also supported the transaction as a Joint Lead Arranger and Joint Bookrunner.

Friday, June 28, 2024 - 10:41
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Financial IT
Simply Asset Finance Secures £120m Loan Facility from Bank of America

Bank of America has agreed a new facility with Simply Asset Finance, the specialist business lending provider, which will unlock the potential of £120 million of further funding for businesses across the UK. The initial facility is for a value of £60 million with an accordion to £120 million. 

Friday, June 28, 2024 - 10:36
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Financial IT
Interview with Cassie Craddock, Managing Director, UK & Europe of Ripple | Money 20/20 Europe
Thursday, June 27, 2024 - 14:37
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Financial IT
Mintos Launches Smart Cash to Maximize Cash Holdings via BlackRock-Managed Fund

Mintos, a leading multi-asset platform offering a unique mix of alternative and traditional investment options, is delighted to announce the launch of its latest product: Mintos Smart Cash. This new money market fund offering is a great addition to the loans, bonds, ETFs, and real estate already available on Mintos.

Thursday, June 27, 2024 - 13:31
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Financial IT

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