POS financing - FinTecBuzz

Centi closes seed financing round led by Archblock, Bloomhaus Ventures

PRNewswireDecember 21, 20234 min

Centi is proud to announce the successful completion of its seed financing round led by Archblock and Bloomhaus Ventures with continued investments from existing shareholders and founders. Recognized for its proficiency in processing transactions as small as a cent, Centi is poised for the global expansion of its blockchain-based micropayment solutions and an increased footprint in promoting financial inclusion. The funds secured in this financing round will fuel Centi’s mission to revolutionize digital transactions on a global...

Investments

Salmon raised USD 20MM of Financing

BusinessWireJuly 24, 20236 min

Consumer fintech Salmon announces it has secured a USD 20MM debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling Salmon to further scale its lending operations across the Philippines. Building on significant investor interest in the debt placement, Salmon will expand its loan book, leveraging its existing point-of-sale and cash loan lending, and will launch new disruptive products in the second half of 2023. The debt transaction, which was completed despite the...

Payments

Episode Six Announces a $48 Million Series C Financing

BusinessWireMay 25, 20233 min

Led by Avenir, financing round serves to expand global market leadership in payments and banking infrastructure

Investments

Hunter Point Capital Introduces GP Financing Solutions

BusinessWireMarch 6, 20234 min

Richard Golaszewski and Stephen Swentzel to co-lead the new strategy

Insurance

Oyster raises a $3.6 million financing round

PRNewswireDecember 14, 20227 min

Oyster is set to modernize personal insurance through seamless embedded experiences for consumers at the point-of-sale

Banking

Winnow Launches Banking Deposits Subscription

PRNewswireNovember 30, 20223 min

The new banking subscription builds on Winnow's extensive compliance coverage by adding over 12,000 newly applicable requirements.

Platforms

State Street Launches Venturi to Support Peer-to-Peer Financing

BusinessWireNovember 18, 20225 min

Offering helps connect buy-side firms with new sources of liquidity in the global repo and securities finance space

Banking

KodyPay raises US$5M in Pre-Series A financing

PRNewswireNovember 8, 20225 min

KodyPay (kodypay.com), a rapid-scaling payments company, has raised an additional US$5 million in Q3 2022. The financing round involved major shareholders alongside new strategic investors bringing the total funding raised to US$10 million. KodyPay brings the ease and optionality of online payments to brick & mortar businesses. Using an all-in-one iOS/Android app for tablets or physical card machines, KodyPay has created a one-stop, fully integrated payment solution. The company’s payment technology allows businesses to accept both physical card...

Insurance

Kin Secures $145 Mn in Debt Financing to Fuel Continued Growth

BusinessWireOctober 31, 20224 min

Kin, the direct-to-consumer home insurance company built for every new normal, today announced the closing of a $145 million committed credit facility. The new facility, which was led by Runway Growth Capital LLC (“Runway”) and the Avenue Venture Opportunities Fund, L.P. (“Avenue Venture Debt Fund” or “Avenue”), provides Kin with additional capital to support the expansion of the Kin Interinsurance Network, a reciprocal exchange. Runway and Avenue were joined by Aquarian Investments, Group 1001, funds...

Payments

SeQura receives up to €150M financing from Citi and secures growth

PRNewswireSeptember 27, 20224 min

SeQura the leading BNPL and flexible payments platform in Spain and southern Europe, closed an asset-backed agreement with Citi of up to €150m of senior financing. Existing financing partner Chenavari, a specialized credit investor based in London, continues its support for SeQura, bringing the total financing potential up to €200m. This new facility will increase the company’s overall funding capacity and support SeQura’s international expansion across Southern Europe, as well as the development and launch of new, innovative payment solutions. The new agreement significantly...

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