business funding - FinTecBuzz

We The People Announces The First US Livefunding Campaign

February 20, 20204 min

We The People Will be Hosting The Grand Opening Of Its Retail Store in Silicon Valley On March 5th, With FINEDAY Projector as its First US Livefunding Campaign We The People (WTP), the world’s only multichannel crowdfunding retail chain and startup accelerator platform, today announces the Silicon Valley grand opening of its retail store at the Westfield Valley Fair Mall in Santa Clara on March 5th. The store will showcase launched and prototype products from...

by PRNewswire

Payment Platform

Paystand Raises $20M to Give Businesses a Frictionless, Open Infrastructure for Commercial Finance

February 7, 20207 min

Blockchain payments leader accelerates expansion of zero-fee, Payments-as-a-Service platform for the B2B enterprise cash cycle.

by Ashish Y.

Investment Platforms

The Innovate Fund Provides $15 Million in New Markets Tax Credits to Arris Manufacturing in Clio, SC

January 31, 20204 min

The Innovate Fund, CDE managed by Greenville Local Development Corporation in Greenville, S.C. and taxadvantagegroup, has allocated $15 million in New Markets Tax Credits

by PRNewswire

Insurance

CONTXTFUL Raises $2M in Seed Funds to Commercialize Its Receptivity™ & Rituals™ Products

January 30, 20205 min

Strategic Investors Include Fonds Québecor Innovation and La Capitale Assurances MONTREAL, Jan. 28, 2020 /PRNewswire/ – CONTXTFUL, a Montreal-based technology start-up focused on developing products that provide insights on mobile users, improving how advertisers and insurers interact with their customers, today announced it has raised $2 million in seed financing. The seed round is led by Fonds Innovexport and includes strategic investors such as Fonds Québecor Innovation inc., La Capitale Assureur de l’administration publique as well as Anges Québec, private angels and founding partners....

by Chandrima S.

Payment Platform

Upgrade Pack Flies Past £5m Seed Funding for Travel Upgrade Platform

January 28, 20205 min

UK fintech scaleup Upgrade Pack has surpassed £5m in seed funding after finalizing a new £1.5m private investment round today UK fintech scaleup Upgrade Pack, the first app globally to provide exclusive, discounted flight and hotel upgrades, has surpassed £5m in seed funding after finalizing a new £1.5m private investment round today. The new finance raises swiftly follows the expansion of the organization into APAC in August last year and will fuel further business growth...

by PRNewswire

Banking Platform

Kurtosys Raises Funding From Vistara Capital to Accelerate Global Growth

January 28, 20205 min

Kurtosys, a leading digital experience platform (DXP) provider for financial service firms, announced today that it has secured growth capital from Vistara Capital Partners. This funding enables the company to accelerate its global growth initiatives and invest further in the automation and delivery of exceptional investor experiences. Kurtosys provides an end-to-end digital experience platform that empowers global financial services firms to easily create, manage, publish and optimize all their financial data, documents, websites and content in...

by Chandrima S.

Payment Platform

Axle Receives $1.4 Million in Pre-Seed Funding

January 27, 20206 min

Trucks Venture Capital, Plug and Play Ventures, 37 Angels, Fontinalis Partners, and Techstars Invest $1.4M in next-generation carrier payments platform Axle, the financial partner for the modern freight broker, today announces that it has received $1.4 million in pre-seed funding led by Trucks Venture Capital. Axle modernizes factoring, an alternative option to lending, which gives small businesses the cash flow needed to pitch, win and service competitive contracts. The round will help grow the Axle...

by FTB News Desk

Institutional Investment

Canalyst Secures Series B Funding to Accelerate Market Expansion

January 21, 20204 min

Canalyst, the leading independent provider of fundamental models to institutional investors, announced today that it has closed a $20 million Series B financing. The round was led by a strategic investor with participation from ScaleUP Ventures and existing investors including Vanedge Capital. This brings Canalyst’s total funding to $28 million, with prior rounds led by Vanedge and several of the company’s early clients. “The investment industry is continuing to experience persistent evolutionary forces, leading to...

by Chandrima S.

Crypto Currencies

Neo and Switcheo Deepen Partnership with Significant Funding from Neo Eco Fund

January 14, 20204 min

Switcheo is the first decentralized cryptocurrency exchange on the Neo blockchain announced an equity investment by Neo Eco Fund, underscoring Neo's strong community commitment through its EcoBoost initiative

by FTB News Desk

ERP CRM PSA

Practifi Completes $16.3M Series B Funding Round With Updata Partners to Accelerate Growth

January 13, 20203 min

Practifi, a business management platform for financial advisors, today announced its $16.3 million Series B funding led by Updata Partners, with participation from existing Series A investors Equity Venture Partners (EVP). With this investment, Practifi plans to scale the team, expand presence around the globe, and invest in the software platform to further elevate the client experience. “I’m tremendously proud of how much we’ve accomplished in the U.S. since establishing our Chicago office in 2018, but this is only...

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