Fintech Startup Bizi Raises $7.5 Million Seed Funding to Offer SMBs Credit Lines
- 2 years 10 months ago
- Fundraising News, FinTech StartUps
The round was led by Israeli-founded fintech company BlueVine, whose technology will be used by Bizi. Fintech company Bizi, which provides small and medium-sized businesses in Israel with credit lines, has raised $7.5 million in Seed funding. The round was led by Israeli-founded fintech company BlueVine, whose technology will be used by Bizi, as well as Israeli insurance company Phoenix and Orshay, a company which provides non-banking credit.
Bolt’s CEO Resigns Two Weeks After Securing $11 Billion Valuation for the Fintech Startup
- 2 years 10 months ago
- FinTech StartUps
Ryan Breslow, a founder of Bolt Financial Inc., said he’s stepping down as chief executive officer, two weeks after securing an $11 billion valuation for the business. Most Read from BloombergBreslow, 27, will become executive chairman. Maju Kuruvilla, a 44-year-old Bolt executive and a former vice president at Amazon.com Inc., will be promoted to CEO. TechCrunch reported the move earlier Monday.
28/01 – Weekly Fintech Recap
- 2 years 11 months ago
- RegTech, FinTech StartUps, People Moves
Partnerships Segmint partners with Snowflake to revolutionize payment transaction enrichment for financial institutions
Will the Fintech Visa Help to Rebuild the Industry in the UK Post-Brexit?
- 2 years 11 months ago
- FinTech StartUps
What is a Fintech Visa and will it help UK fintech businesses? Read on to find out more… January 2020 marked the end of the UK’s 47-year membership with the European Union, in a move which left a lot of UK business owners feeling unsettled; particularly within the fintech industry. Little did they know that, in just a couple of short months, a global pandemic would add further challenges into the mix.
Provenir Appoints Emre Ünlüsoy to Spearhead Expansion in Turkey, Middle East and the Balkans
- 2 years 11 months ago
- Artificial Intelligence, FinTech StartUps
Industry veteran will lead regional team to meet growing demand Provenir, a global leader in AI-powered risk decisioning software, today announced Emre Ünlüsoy has been appointed Regional Manager, following a year of record growth and continued global expansion. Ünlüsoy will oversee sales operations, business development and go-to-market strategies for Turkey, Middle East and the Balkans as Provenir responds to growing demand in the region.
SavvyMoney Announces $45 Million Growth Investment Led by Spectrum Equity
- 2 years 11 months ago
- Banking, FinTech StartUps
Fintech innovator improves the financial lives of consumers via market-leading credit score solutions
Fast-growing Fintech Baton Systems Strengthens Management Team Appointing Industry Leader David Ornstein as First Coo
- 2 years 11 months ago
- FinTech StartUps
Baton Systems (“Baton”), the fintech transforming post-trade processing using distributed ledger technology (DLT), has announced the appointment of David Ornstein as the company’s first Chief Operating Officer.
Finovate Re-Engages IBN’s NetworkNewsWire for FinovateEurope 2022
- 2 years 11 months ago
- Investment, FinTech StartUps
InvestorWire -- NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company part of
YCombinator-Backed Verto Appoints new Chief Operating Officer to Support Geographic Expansion
- 2 years 11 months ago
- Payments, FinTech StartUps, People Moves
Verto has announced the appointment of a new Chief Operating Officer, Tim Rudman. Global financial technology firm Verto has announced its expansion with the appointment of new Chief Operating Officer, Tim Rudman. The pioneering company brings cross-border payment solutions to the world’s fastest growing organisations and is on a mission to help businesses of all sizes access innovative banking solutions. Tim’s appointment will support Verto’s... more
Embedded Finance Startup Falcon Emerges From Stealth; to Hit $30M Revenue by March ‘23
- 2 years 11 months ago
- FinTech StartUps
Syndicate of global marquee investors back the full stack issuance platform Embedded Finance startup Falcon has launched in India, announcing its target of hitting $30M revenue by March 2023. Falcon has already received backing from a number of all-star investors from the USA, India, and the Middle East, indicating interest of the global community in the $24B market opportunity as companies rush to offer embedded payments and lending products.
21/01 – Weekly Fintech Recap – What’s Interesting This Week?
- 2 years 11 months ago
- RegTech, Banking, Data, FinTech StartUps, IT Innovations, Infrastructure, M&A Deals, People Moves
Partnerships Altura Credit Union taps Scienaptic’s AI-powered credit decisioning platform
New Outseer Fraud & Payments Report Shows Giant Increase in Brand Abuse Cyber Attacks, Jumping 274% Year-over-Year
- 2 years 11 months ago
- Payments, FinTech StartUps
Worldwide 3-D Secure transaction volume accelerates further, increasing 50% year-over-year Outseer, the leader in payment authentication and monitoring solutions, has published its latest quarterly Fraud & Payments report, confirming a troubling and massive spike in worldwide brand abuse attacks. The Q4 instalment of the report features insights from July through September of 2021 as captured through the Outseer Global Data Network™, and... more
Fintech in 2022: Solutions for Solo-entrepreneurs, Metaverse Payments and Green Fintech
- 2 years 11 months ago
- Payments, FinTech StartUps
VC Digital Horizon launches new ‘Fintech Trends for 2022’ report Digital Horizon, one of the fastest growing European venture capital funds and venture builders specialising in fintech and SaaS companies, has released its annual ‘Fintech Trends for 2022’ report. It predicts the rise of fintech supporting micro-entrepreneurs, metaverse and “second reality” digital payments and green fintech, will be among the major trends driving fintech forward... more
Sequoia Makes Gulf Debut With $33 Million Investment in Saudi Fintech Lean Technologies
- 2 years 11 months ago
- FinTech StartUps
Sequoia's funding for the Saudi fintech's Series A round is joined by other international investors including New York-based Liberty City Ventures and former General Electric CEO Jeff Immelt. Riyadh and London-bas Saudi fintech start-up Lean Technologies has won a $33 million Series A round funding injection from Sequoia Capital India, marking the firm's first foray into investing in the Arab Gulf region.
Routefusion raises $10.5M round to simplify cross-border payments
- 2 years 11 months ago
- Fundraising News, FinTech StartUps
Routefusion co-founders