Findex

4073 articles tagged with this keyword

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Haufe Group buys stake in freelancer banking app Kontist

With the Kontist business account, Haufe Group is extending its online accounting solution to create a comprehensive platform for small and midsize businesses.

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Blockchain for business startup DrumG raises $6.5 million financing

Blockchain network builder ConsenSys has invested $6.5 million in DrumG Technologies, a startup co-founded by the former CEO of R3 Lab and research centre Tim Grant to create business product overlays on exiting distributed ledger applications.

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Funding Circle raises £300 million, with a valuation of £1.5 billion in stock exchange debut

London Stock Exchange Group (LSEG) today welcomes global small business loans platform Funding Circle to the Main Market.

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Barclays fund backs online reverse auction startup honcho

Barclays Northern Powerhouse Fund is supporting the UK’s first online reverse auction marketplace for financial services, honcho, which has received a £50,000 debenture facility.

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Goldman invests in blockchain-based cross-border payments startup Veem

Blockchain-based cross border business payments startup Veem has raised $25 million in a strategic funding round led by Goldman Sachs and joined by Google Ventures.

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Stripe raises $245m at $20bn valuation

Payments outfit Stripe is now worth $20 billion after closing a $245 million funding round led by Tiger Global Management.

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Trading tech startup LightPoint completes Series A round

LightPoint Financial Technology (“LightPoint”), a trading, risk and analytics technology provider, today announced the completion of a Series A investment round.

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Fiserv to buy chunk of US Bancorp's Elan unit

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today it has agreed to acquire the debit card processing, ATM Managed Services and MoneyPass® surcharge free network of Elan Financial Services, a unit of U.S. Bancorp (NYSE: USB).

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Funding Circle prices IPO

Following the announcement by Funding Circle on 10 September 2018 of its intention to proceed with an initial public offer (the "IPO" or the "Offer"), Funding Circle today announces the price range for the IPO as well as the commencement of the Offer once an approved price range prospectus (the "Prospectus") has been published containing full details of the Offer, which is expected to take place later today.

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SGX invests in corporate bond trading platform Trumid

Trumid, a financial technology company and electronic trading platform for corporate bonds, has received a growth capital investment to further scale its US corporate bond business as well as to support the expansion of protocols, products and geographies. To date, the size of the financing round is US$53mm.

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Bloom Credit raises $3.87 million in seed round

Bloom Credit, a financial wellness platform that helps consumers and lenders build a healthy credit relationship, today announced it has raised a total of $3.87 million in seed investment.

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SimpleFinance attracts $15M in second round with SBI Investments

SF Holdings Company Plc, parent of MCC SimpleFinance LLC (“SimpleFinance” or the “Company”), a fintech platform providing accessible lending to small and medium-sized Russian businesses, has completed a USD 15 million equity fundraising round with an investment from the SBI Group (“SBI”).

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Avaloq reports solid first half

Avaloq, the international fintech and leader in integrated banking solutions, has reported an 8% year-on-year increase in revenue for H1 2018 to CHF 273 million, with adjusted EBITDA for the period at CHF 36 million as at the end of June.

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Michael Spencer invests in £15 million funding round for cybersecurity outfit Glasswall

Glasswall Solutions, a leading file regeneration technology, today announced that it has closed a strategic funding round of £15 million.

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Institutional crypto exchange Seed CX lands $15 million raise led by Bain

Seed CX, the first licensed cryptocurrency exchange to offer institutional trading and settlement for both spot market and CFTC-regulated derivatives, today announced a $15 million Series B funding round.

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Belgian P2P platform Mozzeno raises EUR1 million

mozzeno.com has announced that it has raised €1,000,000 from new and former shareholders.

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Huobi acquires minority stake in algoreg

algoreg, a Luxembourg-based RegTech reshaping the onboarding and KYC journey, announced today that Huobi, a leading global blockchain asset financial service provider, acquired a minority stake in algoreg and will join its Board of Directors.

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Ravelin raises £8m to help secure online commerce from the growing threat of fraud

Ravelin, the London-based fraud and risk prediction company, today announced an £8M Series B round led by BlackFin Capital Partners to expand its overseas business and extend its market reach.

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Gates and Bezos back UK startup bidding to end payday poverty cycle

A week after Wonga went into administration, a Bill Gates and Jeff Bezos-backed UK startup has launched, vowing to put an end to the payday poverty cycle by letting employees access their wages early.

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TransferWise reports second year of profit

Annual revenue at TransferWise grew by over 75% in the last financial year to £117 million, the company announced.