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FinTech Payment Firm Nuvei Files IPO In Canada

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and RBC Capital Markets. Founded in 2003, Nuvei said its platform connects the major payment card platforms worldwide, and supports more than 450 payment methods and 150 currencies. The company said it plans to use net proceeds from the offering to repay debt.

Payments 229
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FinTech Cloud Technology Fuels Banking Innovation

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Alacriti, a FinTech that was started in 2003, works with banks and other customers on making the migration to digital payments. Linear Capital served as the head investor, while additional help originated from KZM & Company Group. Alacriti Collaborates With The Clearing House on RTP. RootAnt Finishes Seed Round With $1.46M.

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AI Gets $435M Fundraising Boost From Emergence Capital

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Emergence Capital has raised a $435 million fund to invest in companies that use artificial intelligence (AI) to help people increase their work productivity. Founded in 2003, San Francisco-based Emergence’s early thematic investments were in SaaS and industry-focused Cloud companies, as well as in technology for field and remote workers.

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IPOs On Pause As Gov’t Shutdown Drags On

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Since 1995, there have been only three years that had an IPO drought in January: 2003, 2009 and 2016. Lori Begley, managing director at BMO Capital Markets, is advising companies that have completed most of the regulatory review process to still postpone their IPOs. markets each year during the first quarter.

Capital 169
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BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

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BigCommerce Holdings, which was started in 2003 and is based in Austin, Texas, registered $120 million in revenue for the 12-month period that concluded on March 31. The bookrunners on the arrangement are Barclays, KeyBanc Capital Markets, Jefferies and Morgan Stanley. It plans to go public on the NASDAQ with the ticker of BIGC.

Austin 164
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ForwardLine Financial Raises $20M

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California-based ForwardLine Financial announced that it has raised $20 million in growth capital, led by Five Oceans Capital and Marsico Enterprises. The new capital help the company achieve new record originations in Q2 2019, a 300 percent increase over the previous year.

Capital 115
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KKR To Acquire German Digital Payments Firm Heidelpay

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AnaCap had the upper hand against rival Nordic Capital and EQT from Sweden. Founded in 2003, Heidelpay enables its clients to accept online and mobile payments and is used by more than 30,000 merchants, including companies such as L’Oréal. Worldline and Nets also lost out, according to people briefed on the transaction, FT said.

Payments 136