Finance
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GR0 Welcomes David Bloom as Director of Finance


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

Financial services firm Strive raises $30m in Series B round
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Financial services firm Strive raises $30m in Series B round


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

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Nuvei introduces off-ramping of Digital Assets to cards via Mastercard Move in Europe


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

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LoopFX secures £2.6m from Augmentum Fintech to innovate FX market trading


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

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Exploit intelligence firm VulnCheck announces $7.95m seed investment


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

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Next-gen core banking leader Tuum bags €25m in Series B investment


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

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ESG FinTech Watershed raises $100m, hitting $1.8bn valuation


The Series C round brings Watershed’s valuation to $1.8bn. This significant injection of capital comes courtesy of lead investor Greenoaks, with notable contributions from Kleiner Perkins, Sequoia, and several other existing stakeholders. At its core, Watershed’s mission is to hasten the progression of the climate economy. The firm operates with a heightened sense of urgency

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Wisedocs secures $9.5m in Series A to revolutionise InsurTech with AI


The investment was spearheaded by Information Venture Partners, a prominent early-stage B2B FinTech investment firm. They were joined by Thomson Reuters Ventures and ManchesterStory, marking a significant vote of confidence in Wisedocs’ future. At its core, Wisedocs specialises in the development and provision of machine learning software-as-a-service (SaaS) aimed at medical record review, indexing, and

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Insurity launches AI-powered solution to revolutionise decision-making for P&C insurance carriers


Utilising Insurity’s analytics solutions grants carriers an enhanced level of reliable insights into their portfolios, facilitating heightened segmentation and improved loss ratios. The flagship offering of the solution, known as Insurity Predict, harnesses the power of AI to elevate predictive analytics and modelling capabilities, delivering a substantial enhancement in loss ratios and instilling credibility in

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Victory Park Capital strengthens alliance with Zip


Victory Park Capital Advisors, an established credit manager and global alternative investment firm, has closed a refinancing agreement for a $225m debt facility with Zip, a renowned player in the digital retail finance and payments industries. This strategic financial collaboration is set to bolster Zip’s US receivables, marking a crucial step in the expansion of