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
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
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
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
European neobank Viva.com has launched two new features designed to simplify business across the continent. The first new feature, real-time payments gives the Viva.com merchant community near-instant access to their funds. Transactions are now settled in up to 60 minutes, compared to the previous next-day settlement system. The second new feature, Offline Payments, was developed
Fiserv, Inc., the world’s leading provider of financial services and payments technology solutions, continues to enhance its core banking platform to deliver greater agility, fundamental resilience better infrastructure and greater scalability, enabling innovation and growth for credit union customers. One of many Fiserv cloud platforms, Fiserv Portico® enables credit unions to operate more efficiently while
Stax Payments, a leading payment technology provider, today announced the acquisition of Atlantic-Pacific Processing Systems (APPS), creating a seamless end-to-end payment processing platform . The APPS integration marks a significant expansion in Stax’s technology stack, providing partners and merchants with flexible and customizable options for their payment processing needs on one cohesive platform. final, unique.
Moove, a mobile FinTech, has received $76 million in new funding, including $28 million in equity from new and existing investors. Funding round led by Mubadala Investment Company (Mubadala), $10 million in venture capital debt from funds and accounts managed by BlackRock, and $38 million in undisclosed amounts previously raised in the last few years
TerraPay, a payments infrastructure company, has been approved by the Monetary Authority of Singapore (MAS) in principle for a Major Payments Institution (MPI) license, becoming a regulated payments company best. TerraPay’s global customers and businesses can access its vast network through this coveted MAS endorsement, enabling fully compliant, affordable, and transparent cross-border remittances. . It
flynas, the airline of Saudi Arabia and a low-cost airline in the Middle East, has partnered with Tabby, a financial services and shopping app based on MENA, to provide travelers with payment solutions flexible math. This partnership comes at a favorable time for travelers, especially with the increasing demand for air travel around the world.
HSBC and B2B FinTech Tradeshift have formed a new joint venture focused on developing integrated financial solutions and financial services applications. As part of the deal, HSBC will invest $35 million in Tradeshift in two phases and join its board of directors. The deal is part of a funding round that is expected to raise
