Digital identity verification platform Socure has received $13.9m for its Series B funding round which was led by Commerce Ventures.
Community Bank has launched a partnership with small business lender Lendistry and commits $3m to its loan fund.
FinTech's irresistible rise has financial institutions scrambling over one another to take advantage of the sector – but a trio of major pitfalls are present to engulf unwary investors, FinTech author Paolo Sironi explained in a research interview with FinTech Global
Blockchain data storage network Filecoin has completed its ICO, raising more than $257m. The ICO was closed with approximately $205.8m, added to the $52m raised during the presale from investors such as Sequoia Capital, Andreessen Horowitz and Union Square Ventures.The company offers a decentralised storage network powered by a blockchain and a native token.The currency will be traded on a number...
Smart payment platform Satispay has raised €18.3m in its third round of funding. The Italian e-payment company has raised a total of €26.8m, putting the company's valuation currently lies at about €66m.Investors in this round include Banca Etica, Banca Sella Holding, Smartclub and venture capital firm Shark Bites.Former Google Wallet executives Jonathan Weiner and Ray Iglesias, Autoscout24 founder Nicola Carbonari and Vice President...
E-commerce payments company NMI has received an invested from private equity firm Francisco Partners, which gains a majority share.Bregal Sagemount has sold its holding in the business but Great Hill Partners will remain a significant shareholder. The company provides payments enabling technology for ISOs, VARs and ISVs.NMI CEO Roy Banks said, "We are extremely excited to announce this growth...
StreetShares has raised up to $10m for its latest investment round, which has a goal of $20m.
Social investor network InvestFeed has reportedly received around $4m after acquiring just over 15,000 ETH in its ICO.
New York-based Jetty has picked up an $11.5m Series A funding round led by Valar Ventures.
SME lender Reward Finance Group has received £40m of debt funding from Foresight Group.Reward provides business finance, invoice finance and trade finance to businesses of many sizes.Foresight provided a loan note facility in August 2017, leading Reward to draw down £20m so they could enable a partial refinance of the Tradehold funding, as well as providing capital to help...
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