Mobility Capital Finance Inc. Receives Capital Investment from Mastercard
- 3 years 10 months ago
- Investment, Payments
The inequities in today’s financial system have left many Americans without access to affordable services, instead relying on payday lending, expensive cash checking services and remittance fees. Mobility Capital Finance (MoCaFi), a financial technology, mobile-first banking platform, and Mastercard are partnering to bring alternate financial services to underserved communities with a specific focus on providing tailored digital tools, and new... more
Level Secures Landmark ESG Deal With Triple Point
- 3 years 10 months ago
- Investment
Level Financial Technology has secured a revolving credit facility from Triple Point to provide early wage access in a first-of-its-kind ESG deal. The interest rate Level pays will reduce by up to a third if users also access budgeting tools available through the app to make positive changes to their personal finances.
Refinitiv Rolls Out MarketPsych ESG Analytics to Analyze Corporate Sustainability-Related News and Social Media in Near Real-Time
- 3 years 10 months ago
- Investment
Building on its commitment to drive positive change through its data and insight, Refinitiv announced the launch of MarketPsych ESG Analytics, a new analytics tool to provide numerical ESG insights on companies and countries based on news and social media monitoring.
Entrust Partners with Netcetera to Fight Online Payment Fraud
- 3 years 11 months ago
- Digital Identity, Securities Services, Payments
Entrust, a leading provider of trusted identities, payments and data protection, has announced a partnership with Netcetera, a leading 3 Domain Secure (3DS) provider, to help financial institutions combat fraud associated with card-not-present (CNP) transactions.
Employee Benefit and Reward Pioneer Ben Secures $2.5M
- 3 years 11 months ago
- Investment, Payments
Employee benefit and reward pioneer Ben has raised $2.5m in a round led by Cherry Ventures and Seedcamp. The round was also supported by notable FinTech and HRTech angel investors including Paul Forster of Indeed.com, Taavet Hinrikus of Transferwise, Carlos Gonzalez-Cadenas of GoCardless (now Index Ventures), Philip Reynolds of Workday, and Matt Robinson of Nested.
Token Secures $15M Series B to Power Open Payments Across Europe
- 3 years 11 months ago
- Investment, Payments
Leading open banking payments platform, Token, today announces $15m in Series B financing, welcoming investment from SBI Investment Co. Ltd. and Sony Innovation Fund by IGV as well as from existing investors Octopus Ventures, EQT Ventures and the venture arm of BNP Paribas, Opera Tech Ventures.
TapSimple Raises £2M to Power Cashless Charity Fundraising
- 3 years 11 months ago
- Investment, Payments
Feel-good fundraising platform TapSimple has raised £900,000 in an investment round as it continues to develop its technology to support charitable fundraising activity in an increasingly cashless world, taking its total fundraising to date to the £2m mark. Investors in the round include Ecclesiastical, Lord Michael Spencer, Lord Mervyn Davies, Dominic Burke, and Anthony Bolton who join previous round investors including former NCVO chairman Sir... more
Quirk Secures £300K to Help Young Professionals Manage Their Money According to Their Personality
- 3 years 11 months ago
- Investment
Quirk, a consumer fintech startup that uses unique personality testing to deliver tailored financial advice to young professionals, has raised £300,000 in pre-seed funding from SFC Capital and angel investors. Quirk will use the funding to grow its team, expand its product offering, and fuel its broader mission to build financial freedom for everyone.
Tradeteq Raises Over USD9 Million In Series A
- 3 years 11 months ago
- Investment
Tradeteq, the technology provider for bank asset distribution, has announced the successful completion of its Series A funding round, securing USD9.4 million from a consortium of US technology investors. It brings the total raised since the company launched to more than USD16 million.
British Business Investments Commits €40M to Claret Fund III at First Close
- 3 years 11 months ago
- Investment
British Business Investments (BBI), a commercial subsidiary of the British Business Bank, has completed a commitment of €40m to the first close of Harbert/Claret European Growth Capital Fund III. Other investors include the European Investment Fund. The fund will provide growth debt to early stage, fast growing, technology focused smaller businesses in the UK and Europe.
Perenna Raises $10 Million in Latest Funding Round to Bring Fixed for Life Mortgages to UK Market
- 3 years 11 months ago
- Investment
Perenna, the London based fintech, has completed its latest funding round raising $10 million as part of its plans to obtain a banking licence and bring its technology-centric lending proposition of fixed for life mortgages to the UK housing market in summer 2021.
Rain Secures $6 Million In Series A
- 3 years 11 months ago
- Investment
Bahrain-based cryptocurrency trading platform Rain has raised $6 million in a Series A round led by Middle East Venture Partners (MEVP), it announced in a statement to MENAbytes yesterday. The round was co-led by Coinbase, the largest cryptocurrency platform in the United States, Saudi-based Vision Ventures, US-based crypto-focused fund CMT Digital Ventures, Saudi’s JIMCO, and Dubai International Fintech Centre’s Fintech Fund.
Pires Investments plc Completes Investment in Decentralised Finance Technology Platform "YOP"
- 3 years 12 months ago
- Investment
Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, announces that the investment in DeTech Studio Limited ("DeTech") which is developing a decentralised finance technology platform ("YOP") that was announced on 2 December 2020, has now been completed.
Quantile Technologies Secures $51 Million Growth Investment from Spectrum Equity
- 3 years 12 months ago
- Investment
Quantile Technologies (Quantile), a leading provider of portfolio optimisation services for the global financial services market, today announced that it has received a $51 million (£38 million) minority investment from Spectrum Equity, a leading growth equity firm focused on Internet-enabled software and information services companies.
Sweep Announces £900,000 Investment Total
- 3 years 12 months ago
- Investment
Sweep, the expense and travel management platform for SMEs, has today announced that it hit its 2020 funding target and achieved a total of £900,000 in investments and grants this year.
