Tag: FinTech 2023

Teamshares attains a staggering $245m from top VC firms

Teamshares, the pioneering market leader for small business employee ownership, has made headlines with its latest funding announcement.

Irish FinTech powerhouse Fineos secures $40m in latest funding round

Irish FinTech company, Fineos, primarily known for its prowess in the insurance software segment, has impressively clinched a $40m investment to fortify its financial foundation.

Climate-focused Demex bags $5m to transform the reinsurance market

The Demex Group, described as the innovators behind unprecedented reinsurance solutions tackling accumulating losses from secondary perils, has successfully garnered an investment of $5m.

Turkey’s FinTech giant, Param, acquires Czech’s BNPL leader Twisto

Param, positioned as Turkey's top FinTech firm, has successfully acquired Twisto, a forerunner in the Czech Buy Now, Pay Later (BNPL) sector, setting its sights on broadening its European horizon.

Sumsub enhances Wirex’s virtual asset transfer and compliance with new partnership

Digital payment pioneer, Wirex, has forged a partnership with Sumsub, a leading global full-cycle verification platform. This collaboration aims to fortify Wirex's stance in the domain of virtual asset compliance and transaction monitoring.

Pinwheel and Plaid unite to redefine direct deposit switching

Today, Pinwheel, the leading force in income and employment data tailored for FinTech innovation, joins hands with Plaid, a pioneer in the open finance network, to forge a groundbreaking partnership.

Vegapay’s fintech platform nabs $1.1m in pre-seed round

Vegapay, a digital lending and card management platform, has successfully secured $1.1m in a pre-seed funding round.

Akamai seeks over $1bn in upsized convertible note offering

Akamai Technologies, the renowned cloud company responsible for powering and safeguarding life online, recently confirmed that it has priced a hefty private offering. The offering...

BitGo consolidates position with $100m Series C funding, valuation soars to...

BitGo, the "leading regulated custodian in over 50 countries" and responsible for processing "20% of all on-chain Bitcoin transactions by value", has announced today a considerable achievement. The company successfully raised $100m in their Series C financing round.

FinTech firm OneBlinc secures monumental $100m credit boost

OneBlinc, a prominent FinTech entity renowned for offering payroll loans to Federal employees, has proudly declared that it has landed a remarkable credit facility worth $100m with the esteemed Clear Haven.

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