Tag: Strategic Partnerships

ZayZoon, the leading Earned Wage Access (EWA) provider for small and mid-sized businesses, has successfully raised $15m in a Series B funding extension.

Volopa, the innovative provider of transaction, payment, and expense management solutions, has entered into a strategic partnership with ClearBank, a trailblazer in real-time clearing and embedded banking for financial institutions.

As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.

Claroty, a leader in the protection of cyber-physical systems, has successfully completed a strategic growth financing round, securing $100m.

NayaOne, a company at the forefront of FinTech innovation, has successfully secured $4.7m in funding.

Key Baltic FinTech investment stats in 2023 • Baltic FinTech investment totalled at $212m in 2023, a 67% drop YoY • Baltic FinTech deal activity reached...

Anecdotes, a pioneering force in enterprise GRC (Governance, Risk and Compliance) technology, has recently celebrated a significant financial achievement by closing a $25m Series B funding round.

Private investment firm Gallatin Point Capital LLC will acquire a majority stake worth $1.25bn in the attorney-in-fact for Trusted Resource Underwriters Exchange (TRUE).

• Baltic FinTech companies raised a combined $177m in Q1-Q3 2023, a 71% reduction from the same period in 2022. • Baltic FinTech deal activity...

NEXT Insurance, a prominent digital small business insurer, has achieved a significant milestone by reaching 500,000 active small business customers.