Funding equity round, led by Team8 with participation from ZIM, comes as fintech startup emerges from stealth mode to close the $1.7 trillion global trade finance gap ZIM also extends credit facility of approximately $100 million
Oyster is set to modernize personal insurance through seamless embedded experiences for consumers at the point-of-sale
WebBank, a Utah-chartered industrial bank, makes a strategic investment in iCreditWorks at a $200 million valuation to support the Platform's continued commercial growth
Furthering its commitment to providing the best banking solutions for their clients, Fortis, a high-growth commercial bank serving small- to medium-sized privately held businesses in Colorado and Utah, announced the launch of its Equipment Financing product offering. Chris Case will be responsible for the development and execution of this new product at Fortis, aligning with the bank’s growth goals by originating and structuring equipment loans that provide significant value to existing and new clients. He joins Fortis with a...
Assembly Ventures, the first transatlantic mobility fund in the world, is proud to announce its investment into Our Next Energy Inc. (ONE), a Michigan-based energy storage solutions startup. ONE has demonstrated technologies that can double the range of electric vehicles, a key to increasing adoption. In addition to improving range, ONE is focused on lowering cost while adopting chemistries that don’t pose a thermal runaway risk. The US$25 million Series A financing includes a remarkable syndicate consisting of Assembly Ventures, Breakthrough...
