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Payments FinTech Sila offers an Infrastructure-as-a-Service platform to help companies more seamlessly integrate compliant payments capabilities within their solutions via application programming interface (API), with an integrated stablecoin, SILA. The company recently announced $7.7 The company recently announced $7.7
B2B FinTechs in the U.S. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. and India seem to be an unshakable force these days.
News out of Oregon implies significant appetite among investors for cybersecurity firms. Early in the year, the company raised $5 million from backers that included BlueCross BlueShield Venture Partners and Oregon-based Rogue Venture Partners. The new owners of ID Experts are Peloton Equity and Trident Capital.
More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Capital Match. B2B Payments.
So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued. That meeting four years ago led to the launch of Lead Bank’s Credit Builder Account program, which is accessed through an app developed by Self Financial, a fintech. First Capital Bank.
In order to compete as a small bank, we have been forced to keep higher-than-peer capital levels, so that our lending limit allows us to service local borrowers’ needs. If we were to have capital levels more in line with peer averages, we would barely be able to originate and keep mortgage loans of any size. . Capital Community Bank.
Mobile banking specialist Tyfone has more than doubled its total capital courtesy of a summer funding round led by RPX Corporation. million investment from RPX Corporation and existing investors such as In-Q-Tel and individual investors like Steve Pawlowski and David Petraeus, puts Tyfone’s total capital at $12 million.
Fintech funding records continue to fall. HQ: Portland, Oregon. HQ: Portland, Oregon. Capital Match. Drip Capital . The post Fintech Fundings: 25 Companies Raise $1.6 Last week was the record number of deals, with 27. This week it was the biggest total dollars raised at $1.63 billion, from 25 companies.
At FintechLIVE , we maintain a list of 21st-century fintech unicorns* updated monthly (full list here ). Metromile , the pay-as-you-drive auto insurance company based in Portland, Oregon, announced that it will merge with a public SPAC in a transaction valued at $1.3B. Full Fintech Unicorn list (values as of 2 Dec 2020).
For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. HQ: Portland, Oregon.
The co-founder of the FinTech firm Kabbage did something unusual when he found himself with a box full of broken bathroom tiles that were about to put him off schedule by three days. Bigger ticket items are now also eligible for $10,000 worth of insurance, due to Roadie’s new partnership with UPS Capital Insurance Agency.
FinTech threats and distractions. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Oh, by the way, that Fintech darling of two years ago Lending Club?
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