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4073 articles tagged with this keyword

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Diebold issues update on lender discussions

Diebold Nixdorf (NYSE: DBD) ("the Company") today issued a statement on the following developments:

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UK startup, Capital On Tap secures £140 million in debt funding

Capital On Tap, one of the UK’s fastest growing companies, has secured a total of £140 million in additional funding in the form of £90 million in debt funding from London-based investment houses, M&G Investments and Triple Point Investment Management LLP; and a second £50 million debt line from international bank, Citibank and private equity fund manager Pollen Street Capital.

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Overstock blockchain unit scores $270m investment

Shares in Overstock soared in after-hours trading on Thursday on news that Hong Kong-based private equity firm GSR Capital will invest up to $270 million in the US e-commerce firm's blockchain unit, tZero.

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Diebold Nixdorf stock and senior notes take a battering in the wake of earnings shortfall

Equity shorts have taken bigger positions in Diebold Nixdorf as the stock continues to nosedive in the face of a poor second quarter and the company's bonds go into a tail-spin on analyst speculation of a looming liquidity crisis.

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OnDeck reports strong second quarter

OnDeck (NYSE:ONDK), the leader in online lending for small business, today announced second quarter 2018 Net income of $5.8 million, Adjusted Net income of $10.0 million and Gross revenue of $95.6 million.

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Valar Ventures leads $13M Series A round in Taxfix

Taxfix, the first mobile assistant for tax declarations, has completed a Series A round, raising $13 Million (11.4M Euros) to fuel its expansion to international markets.

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QPay gets $1M in funding from Angels and Sharks

Student marketplace and payments app, QPay, has secured a $1 million cash injection after funding from the Sydney Angels Sidecar Fund 2 was supplemented by a $380,000 combined investment by Steve Baxter and Naomi Simpson in exchange for 8.4 per cent of the firm’s equity during last night’s episode of Shark Tank.

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CurrencyFair makes Asian acquisition as part of EUR20 million growth plan

Dublin-based money transfer outfit CurrencyFair is to expand into the Asian markets through the acquisition of Hong Kong-based Convoy Payments.

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Visa invests in B2B financing outfit Behalf

Visa has invested in Israel-based point-of-sale financing provider Behalf, tapping in to a growing trend to provide working capital for small merchants and on-demand purchase financing through the checkout.

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Goldman Sachs joins $18.8 million round in Even Financial

Even Financial ("Even"), a fintech company that is evolving the consumer financial services ecosystem with its leading recommendation engine and acquisition platform, announced today that it has raised $18.8 million in Series A funding led by GreatPoint Ventures.

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BBVA VC unit invests in gig economy startup Steady

BBVA’s venture capital investment unit, Propel Venture Partners, is joining with former basketball legend Shaquille O’Neal and the Omidyar Network to invest in Steady, an app-based startup for gig economy workers.

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Zopa raises £44 million to support digital bank launch

Peer-to-peer lender Zopa has scooped £44 million in funding as it lays the groundwork for the launch of its new digital challenger bank.

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HSBC joins $20m funding round for financial crime specialist Quantexa

Big data and enterprise intelligence outfit Quantexa has raised $20 million in a Series B funding round led by Dawn Capital and backed by HSBC and Albion Capital.

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Grab lands mammoth $2 billion funding round

Grab Holdings Inc. (Grab), Southeast Asia’s leading O2O mobile platform, announced today it has raised US$2 billion for its current round of financing.

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Barclays Bank takes stake in MarketInvoice

Barclays Bank is to take a minority equity stake in online invoice financing platform MarketInvoice and roll out the service to its large SME client base.

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Nationwide venture fund makes second strategic startup investment

Nationwide Building Society has participated in a $1.8 million seed funding round for a GDPR-compliant data sharing startup spun out of University College London.

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StatPro grows revenue and profit

StatPro Group plc, (AIM: SOG, “StatPro”, “the Group”), the leading provider of portfolio analysis and asset pricing services for the global asset management industry, has published its interim results for the six months ended 30 June 2018.

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Barclays leads $14 million funding round in voice trading tech supplier Cloud9

Cloud9, a New York-based supplier of voice trading software, has raised $14 million in a funding round led by Barclays Bank with participation from JPMorgan and NEX Group.

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Microsoft and Nationwide invest $12m in online lender BlueVine

Online business lender BlueVine has topped up its $60 million Series E funding round with an additional $12 million from the venture arms of Microsoft and FS firm Nationwide.

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Legal & General invests in mortgage intermediary platform SmartR365

Legal & General has made a £3 million investment in Smartr365, a software-as-a-service supplier to the UK mortgage intermediary market.