Crypto-based Avanti hauls in $37m to launch a digital asset bank
Digital asset bank Avanti Financial Group completed its Series A funding round with $37m, bringing its total raised capital since inception to $44m.
Digital financing startup Drip Capital bags $40m warehouse credit line to facilitate trade finance
Sequoia-backed FinTech firm Drip Capital secured a $40m warehouse credit line from California-based East-West Bank to expand its trade finance solutions to small businesses.
Killer Mike’s digital banking platform Greenwood closes $40m Series A round
Digital banking platform aimed at Black and Latino communities, Greenwood raised $40m in a Series A funding round led by Truist Ventures.
Óptima Seguros upgrades its deal with Majesco
Puerto Rico-based Óptima Seguros has extended its deal with cloud insurance software developer Majesco.
Morphisec said to raise $31m to grow its US and Israel teams
Endpoint security solution Morphisec has reportedly closed its latest funding round on $31m to hire more staff in the US and Israel.
Alessa issues new webinar on how financial institutions can improve OFAC compliance
Compliance with the Office of Foreign Assets Control (OFAC) sanctions is a major challenge for financial institutions, but how can they be certain they meet the necessary requirements.
Pie Insurance closes Series C on $118m as it gears up for new product...
Pie Insurance, an InsurTech specialised in workers’ compensation for small businesses, has closed its Series C round on $118m.
Digital banking solutions provider Meniga closes ?10m investment
UK-based digital banking solution Meniga closed a ?10m investment round to boost and meet the escalating demand for its sustainable financial products.
Jumio raises $150m to grow its digital ID verification service
Digital ID provider Jumio secured $150m from private equity firm Great Hill Partners.
Real estate finance firm Lev bags $10m in a seed round
NYC-based online commercial real estate financing transaction platform, Lev raised $10m in seed funding.
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