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4073 articles tagged with this keyword

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Customers Bank sells digital unit BankMobile for $175m

BankMobile, a digital banking startup for millennials and the underbanked, is being sold by parent Customers Bank to Florida-based Flagship Community Bank for $175 million in cash.

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Kabbage prices $525m securitisation

Kabbage, a pioneering financial services, technology and data platform, today announced that on March 7, 2017, it priced $525 million of fixed-rate, asset-backed notes in a private securitization transaction.

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Current preps debit card and app for kids

US fintech startup Current has raised $3.6 million as it prepares to roll out an app and card-based allowance management service for parents and their kids.

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Court upholds order telling ICE to sell Trayport

The UK's Competition Appeal Tribunal (CAT) has upheld a ruling that Intercontinental Exchange must sell Trayport, the energy trading technology shop it acquired for $650 million in December 2015.

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Online banking platform Wirex secures $3 Million in Series A Funding

Wirex Limited, the global online banking platform announced the completion of $3 million in Series A funding obtained from the SBI Group, a leading financial services firm in Japan.

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Atom Bank raises £83m, says more to come

App-based bank Atom is raising another £83 million from existing investors, including Spain's BBVA, as it builds up a war chest to take on Britain's high street giants.

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Online lender Upstart raises $32.5m

Upstart, a US online lender founded by a gaggle of former Googlers, has raised $32.5 million in a funding round led by Japan's Rakuten and an unnamed asset manager.

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Alibaba leads $200 million investment in Paytm e-commerce unit

The e-commerce arm of Indian mobile wallet giant Paytm has raised $200 million in a funding round led by China's Alibaba.

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LSE states it 'continues to work hard' on merger

LSEG - Preliminary Results for the year ended 31 December 2016.

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Euronext furthers fixed income ambitions with $10 million stake in Algomi

Euronext has upped its investment in fixed income technology outfit Algomi, spending $10 million on a minority stake in the business and expanding its planned European joint venture globally.

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Canadian digital receipt firm Sensibill raises funds for international push

Canadian digital receipt startup Sensibill is planning to move into the US and UK after raising $17.3 million in a Series A funding round led by Information Venture Partners and OpenText Enterprise Apps Fund (OTEAF).

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Dutch payment tech firm Dimebox raises EUR5m

Amsterdam-based FinTech startup Dimebox raised €5 Million in a series A round from the BillPro Group, a leading global payment processing organisation.

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Kraken buys charting and trading platform Cryptowatch

Kraken is pleased to announce the acquisition of the popular charting and trading platform Cryptowatch - used by thousands of traders to chart over 150 markets in real-time and trade up to 22 digital assets through a highly user-friendly interface.

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Dash and LiquidPoint complete merger

Dash today announced that it has completed its merger with LiquidPoint (Convergex's Options Trading and Technology business) to create Dash Financial Technologies.

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Monzo blows past £2.5 million crowdfunding target

UK challenger bank Monzo surpassed its crowdfunding target raise of £2.5 million within four hours of opening for pre-registration.

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Monzo opens pre-reg for £2.5 million crowdfunding round

Today we’re launching our £2.5 million crowdfunding round, as the final part of our most recent investment raise of £22 million!

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BlueVine secures $75 million credit line

BlueVine, the leading provider of online working capital financing to small and medium-sized businesses, announced today that it has secured a warehouse credit line of up to $75 million from Fortress Credit Corp. and/or funds managed by affiliates of Fortress Investment Group LLC.

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Squirrel exceeds fundraise target with SyndicateRoom

Online equity investment platform SyndicateRoom today announces the successful capital raise of £459,871 for Squirrel, which overfunded to 115% of its original £400,019 target.

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Anthemis secures insurtech investment partnership with Baloise

Swiss financial services group Baloise has committed CHF50 million with UK venture capital fund Anthemis to help source, execute and manage investments in startups across Europe, the UK and the US.

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Bravura H1 results above IPO forecasts

Bravura Solutions Limited (ASX:BVS, Bravura) a leading provider of enterprise software, installed and hosted, for the wealth management, life insurance and funds administration industries – today announced its half year results for the period ended 31 December 2016.