Upper90 Closes $180 Million Fund for Asset-Based Startup Lending
- 2 years 9 months ago
- Fundraising News
Upper90, a leading provider of hybrid growth capital, has raised $180 million in a capped initial closing for its third fund. Commitments came from a strategic investor base of 300 entrepreneurs to help founders scale with less dilution. The firm has pioneered a new investment model combining tailored credit and equity for alignment with technology businesses that have predictable revenue or collateral.
Cryptocurrencies, 1.5 Million Revolut Customers Completed Financial Education Courses in a Month
- 2 years 9 months ago
- Cryptocurrencies
Over one million people have completed Revolut's crypto education course in the first month since its launch, demonstrating a public appetite for the speculative asset class during times of rampant inflation.
Plaid Deal Lets Wise Customers Use Fintech Apps Bank-free
- 2 years 9 months ago
- Open Banking
Wise has struck an open finance agreement with Plaid that will enable the former's 13 million customers to connect their accounts to thousands of apps. Based on Plaid's open finance tool Core Exchange, the arrangement means that people can connect their Wise USD local account to thousands of other apps - including Venmo, Truebill and Chime - to easily move money back and forth.
Payments Tech Firm Finix Raises $30M
- 2 years 9 months ago
- Fundraising News
Payments infrastructure platform Finix has raised $30 million in a funding round joined by American Express. The General Partnership, Franklin Templeton, Acrew Capital, Bain Capital Ventures, Cap Table Coalition, Homebrew, Insight Partners, Inspired Capital, Lightspeed Venture Partners, Precursor Ventures, PSP Growth, and Vamos Ventures participated in the round.
BitPay Adds Cardlytics-powered Rewards Program to its Crypto Prepaid Card
- 2 years 9 months ago
- Cryptocurrencies
BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today added a reward program to its BitPay Prepaid Card. Cardlytics, a cash-back rewards platform, is managing the rewards where the BitPay cardholder automatically receives up to 15 per cent cash back on purchases every time they use their card at participating retailers.
Fintech App Dinero Encourages Young Indians to Build Wealth; Launches its Beta App on Google Play Store
- 2 years 9 months ago
- Wealth Management
Dinero, India's first rewards-on-investment platform, aimed at young Indians, announced the launch of its beta version of its app today. The app is exclusively available on Google Play Store.
Transact Payments Malta Appoints Sergio Gandolfo as CEO
- 2 years 9 months ago
- People Moves
Transact Payments Malta Limited (TPML) today announces the appointment of Sergio Gandolfo as its new CEO.
Flutterwave Increases Staff Size by 200, Announces New Chief People and Culture Officer
- 2 years 9 months ago
- Payments
Flutterwave, Africa’s leading payments technology company, has completed the recruitment process for its inaugural Graduate Trainee Program, hiring 200 trainees, and growing its employee base by 38%. The paid program aims to nurture young Nigerians by upskilling them with technical and soft skills, exposing them to the company’s solutions and products, and giving them experience working at a global organization. The Program is the New Chief of...
AstroPay Appoints Sofía Lanza as Chief Banking Officer
- 2 years 9 months ago
- People Moves
AstroPay, the payment solution of choice for millions of users globally, has appointed Sofía Lanza as Chief Banking Officer, as the company moves forward with its expansion plans into new markets and verticals.
JARVIS Invest, the AI-based Investment Advisory Firm, Onboards Strategic Investor to Expand Globally & Launch New B2B Products
- 2 years 9 months ago
- Fundraising News
JARVIS Invest, India’s first AI-based investment advisory firm, today announced the closure of its funding round, having raised USD 600,000 from a leading family office in UAE. The funding comes at a crucial time for the company’s growth and is a strategic move to expand globally and launch new products in key markets starting with UAE.
Hero Innovation Group Introduces Hero FinancialsTM, a Full-Service Alternative-to-Banking Solution for Raising Financially Empowered Kids
- 2 years 9 months ago
- Banking
Hero Innovation Group Inc. (“Hero Group” or the “Company”), a Vancouver-based fintech solutions provider, is pleased to announce the launch of Hero FinancialsTM (“Hero”), a full-service alternative-to-banking solution for the Canadian market. Hero is designed specifically for young Canadian consumers, with a total addressable market of up to 6 million users.
Lending Verification Fintech Truework Raises $50 Million
- 2 years 9 months ago
- Fundraising News
Truework, a fintech company that provides income and employment verification for the nation's largest mortgage, auto, and consumer lenders to approve more borrowers in a fraction of the time, today announced it raised $50 million in Series C funding.
Total Expert Releases Features to Help Banks and Lenders Build Pipeline in a Compressed Market
- 2 years 9 months ago
- Data
Total Expert, the CRM and customer engagement platform purpose-built for modern financial institutions, is rolling out new capabilities to help banks, lenders, and credit unions fill their pipelines with high-quality leads as market conditions have made capitalizing on every opportunity more critical.
United Fintech Expands New York Team with Two New Appointments
- 2 years 9 months ago
- People Moves
United Fintech, the fintech one-stop shop for banks, hedge funds, and asset managers, has expanded its team in New York with two new appointments. Mitch Vine joins the rapidly growing firm as Head of New Business Sales in the Americas and Danny Finnerty has been appointed as a Sales Executive.
Founderpath Secures $145M in Debt and Equity to Help B2B SaaS Startup Founders Avoid Dilution
- 2 years 9 months ago
- Fundraising News
Founderpath, the platform 6,500 bootstrapped B2B SaaS founders use to get capital, announced $145m in debt and equity funding to continue helping more B2B SaaS founders hit $10m in revenue without selling equity. Founderpath chose to bypass traditional VC’s and instead raised from a collection of top SaaS founders. These founders include:
