Fintech Tint Financial Services Hits $20M Funding Milestone within 6 Months of Trading
- 1 year 1 month ago
- Fundraising News
London-based Tint Financial Services, a cross-border fintech committed to streamlining and improving trade for SMEs and their supply chains, has achieved a remarkable milestone. Despite launching only six months ago, the company announced that it has successfully facilitated the global flow of goods valued at USD 20 million (£15 million).
Citi and LuminArx Capital Announce the Launch of Strategic Private Lending Vehicle, Cinergy
- 1 year 1 month ago
- Lending
Citi and LuminArx Capital today announced the launch of Cinergy, a strategic financing vehicle in the rapidly growing private lending market. Launched by LuminArx Capital, Cinergy will offer a broad range of private credit solutions to companies, including Citi’s global client base. It will invest across multiple asset classes, including asset-backed credit (commercial, consumer and residential) and corporate debt across the capital structure.
Barclays Relaunches Cambridge Coworking Space for Climate Tech Startups
- 1 year 1 month ago
- Infrastructure
Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on helping high-growth climate tech startups connect, grow, and scale. The site has undergone a significant retrofit, to reduce its carbon emissions by 90 percent compared to 2018.
Mastercard is Unlocking Efficiencies in B2B Healthcare Payments through Innovative Partnership
- 1 year 1 month ago
- Payments
Scaling the use of virtual cards to bring faster payments and reconciliation to healthcare providers and insurance companies Fragmented, slow, and inefficient payment processes have long been a challenge within the healthcare ecosystem. Just as a patient may be frustrated by cumbersome insurance claims, healthcare providers experience their own set of holdups when dealing with claim approvals and payouts.
Finshape and Arab National Bank (anb) Join Forces for Personalized Banking Solutions
- 1 year 1 month ago
- Banking
Finshape, a leading fintech solutions provider, is excited to announce a strategic collaboration with Arab National Bank (anb), a major bank and a pioneer in innovation in Saudi Arabia. This collaboration aims to deliver customized banking experiences that cater to the unique needs of their customers.
Chad Alderson Joins Broadridge Canada as General Manager, Global Technology and Operations
- 1 year 1 month ago
- People Moves
Global Fintech leader Broadridge Financial Solutions, Inc. is pleased to announce the appointment of Chad Alderson as General Manager, Global Technology & Operations (GTO), Canada.
New Jack Henry Partnership Makes it Easier for Community Banks to Take Advantage of Pinwheel
- 1 year 1 month ago
- Cloud, PaaS
Pinwheel partners with Jack Henry, a leading financial technology company, which gives their customers a fast path to implementation for the industry's top-performing Direct Deposit Switching solution. This collaboration is set to revolutionize the digital direct deposit setup experience for accountholders at community and regional financial institutions.
LSEG Establishes Technology Centre of Excellence in Hyderabad
- 1 year 1 month ago
- Infrastructure
LSEG (London Stock Exchange Group) announces the opening of its Technology Centre of Excellence in Hyderabad, India, a key step in the company's global expansion efforts. The facility aims to spearhead new product and service development by prioritising low-latency technology development and capitalising on the local startup ecosystem. Irfan Hussain, Chief Information Officer, LSEG, said:
LHV Savings Account Now Allows You to Save Up Flexibly
- 1 year 1 month ago
- Cash management
LHV Pank has launched a Savings Account solution that makes saving up even more convenient and flexible. LHV will pay 2% interest on the funds deposited into the Savings Account, and funds from the account can be withdrawn at any time.
DailyPay Closes Transactions Totaling $175 Million; Company's Valuation Increases by 75%
- 1 year 1 month ago
- Fundraising News
DailyPay, the leading on-demand pay company, today announced it has secured over $175 million to fuel growth. The funding is divided between $100 million of expanded secured credit facility capacity provided by Citi and over $75 million in equity financing, which valued the company at $1.75 billion on a pre-money basis.
Vertice Secures $25 Million Series B to Help Finance Teams Control Their SaaS and Cloud Spend
- 1 year 1 month ago
- Fundraising News
Vertice, the world's only integrated SaaS and cloud spend management platform, has today announced a $25 million Series B following a year of lightning-fast revenue growth. The company has now raised $51 million since January 2022, upping its valuation into the hundreds of millions. Vertice will use the capital to further fuel its pace of product innovation and accelerate its worldwide expansion.
Digital Onboarding Raises $58M
- 1 year 1 month ago
- Fundraising News
Digital Onboarding, the SaaS company helping more than 100 financial institutions deepen their customer relationships, today announced it closed a $58 million growth investment from Boston-based growth equity firm
Rangers Football Club name Ebury as Official FX Transfer Partner
- 1 year 1 month ago
- Payments
Rangers Football Club is today delighted to announce a partnership with Ebury that will see one of the fastest-growing global fintech companies become the club’s Official FX Transfer partner. The partnership will run until the end of the 2025/26 campaign, with Rangers becoming the latest addition to Ebury’s growing Sports portfolio.
Kashable Closes $25.6M Series B Funding to Expand Financial Wellness Solutions for Employees
- 1 year 1 month ago
- Fundraising News
Kashable, a fintech platform that provides socially responsible credit and financial wellness solutions as an employer-sponsored voluntary benefit, today announced a Series B capital raise of $25.6 million. The round was co-led by Revolution Ventures and Moneta Ventures, with participation from EJF Capital and Krillion Ventures.
Digital Asset Research Announces January 2024 Crypto Exchange Vetting Results
- 1 year 1 month ago
- Cryptocurrencies
Digital Asset Research (DAR), a leading provider of crypto asset data and research, today announced the release of its January 2024 Crypto Spot Exchange Vetting results. In an environment where cryptocurrencies trade across hundreds of lightly regulated or unregulated exchanges, DAR’s vetting processes apply institutional-level diligence to digital asset markets to meet an industry-wide need for reliable crypto data.
