The round was spearheaded by Teachers’ Venture Growth (TVG), a division of the Ontario Teachers’ Pension Plan specializing in late-stage and growth investments. Alongside TVG, significant contributions came from Vanderbilt University Endowment and the University of Illinois Foundation, with continued support from previous investors. Bilt Rewards operates as a pioneering loyalty platform that significantly impacts
Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing. This move is designed to support Wisedocs in broadening its client base and enhancing its product offerings. The company, renowned for its artificial intelligence (AI) software platform, offers streamlined solutions
This strategic investment was co-led by Savant Growth LLC and VantagePoint Capital Partners, with additional backing from Savant’s limited partners, including Coller Capital, Hollyport Capital, Manulife Investment Management, and Achmea. The debt financing was led by Vector Capital through its new direct credit strategy, Vector Velocity. Stifel, Nicolaus & Company, Inc. acted as financial advisor
The program, known as the SentinelOne Risk Assurance Initiative, aims to offer insurers the SentinelOne Singularity™ Platform at preferred rates, enabling them to stop attacks before they occur and reduce both financial losses and insurance premiums. The move has been driven by the growing need for insurers to provide robust cybersecurity solutions to their clients.
David Bloom Is Poised To Drive GR0’s Financial Strategy and Growth Through Insightful, Meticulous, and Targeted Analysis GR0, a premier digital marketing agency, is proud to announce the appointment of David Bloom as its Director of Finance. Bloom brings a robust financial background to the role, with experience in credit analysis, acquisition structuring for middle-market companies, and financial
Strive Enterprises, a financial services company with a focus on asset management, has successfully raised $30m in a Series B funding round. The round was led by Cantor Fitzgerald, with participation from Deason Capital Services, Narya Capital, and several notable entrepreneurs. The funds will support the launch of Strive Wealth Management, driven by the significant
Consumers are able to seamlessly convert assets such as cryptocurrencies into fiat funds MONTREAL and LONDON, July 11, 2024 /PRNewswire/ — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today a partnership with Mastercard to launch a new off-ramping solution that enables consumers in Europe to seamlessly convert their Digital Assets, including cryptocurrencies, into traditional fiat currency via
CheQ, a FinTech startup based in Bengaluru, has announced the successful acquisition of an additional $2.2m in its ongoing seed funding round. The company secured this amount by issuing 6,855 Seed 1 Compulsorily Convertible Preference Shares at a price of Rs 26,988.91 each, totaling around Rs 18.5 crore, according to a report from Startup Story. The
LoopFX, an independent platform for large spot FX trades, has recently announced a significant financial boost. Augmentum Fintech, renowned as Europe’s leading FinTech-focused fund, has invested £2.6m in the firm. LoopFX specialises in providing a unique matching solution that allows traders to sync with Asset Managers and Banks in real time, without the risk of
Napier AI is set to enhance Finance in Motion’s operations by integrating its Client Screening solution and Client Risk Assessment module within the Napier AI Continuum platform. This initiative is aimed at bolstering Finance in Motion’s growth and enabling the firm to focus on generating positive change in emerging markets through impact investments. The Napier
This recent financial infusion includes $4.75m in new capital primarily contributed by Sorenson Capital, a noteworthy participant in this funding round. The company, which specialises in providing next-generation exploit intelligence solutions, has raised $7.95m to further its mission. The investment was led by Sorenson Capital, marking a significant milestone in VulnCheck’s financial journey. VulnCheck offers
The round witnessed leadership from CommerzVentures, accompanied by contributions from Speedinvest and several returning investors. The company, renowned for its groundbreaking approach to banking technology, has been on a rapid growth trajectory since its first client partnership in February 2019. Tuum stands at the forefront of digital transformation in the banking sector, offering flexible, cost-effective
