strategic investment

Astra Fintech Launches $100M Fund to Boost Solana Ecosystem

April 22, 20256 min

Key Takeaways: Astra Fintech launches a major $100 million fund to accelerate innovation within the Solana ecosystem, building on its successful track record of supporting projects like Mulex, DEPE, and MoNE through initiatives like the Seoulana event. Astra is advancing its Payment Finance (PayFi) strategy by integrating Banana Pay, positioning itself at the intersection of decentralized and traditional finance to enable seamless blockchain-based transactions. With Korea as its regional hub, Astra is strategically deploying capital and...

by PRNewswire

Blockchain

OKX Ventures leads strategic investment in Orbiter Finance

January 24, 20244 min

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, announced that it has led a strategic investment in Orbiter Finance, a decentralized cross-Layer 2 (L2) protocol. Currently, Orbiter Finance is undergoing transformative product enhancements and is developing a zero knowledge (ZK) technology-based, omni-chain rollup on Ethereum. Orbiter Finance is set to redefine its vision, transcending its initial role as a mere asset cross-rollup bridge. Over the last two years, Orbiter Finance has successfully...

by PRNewswire

Investments

Trinity Capital Inc. announced CEO Transition

September 7, 20237 min

Trinity Capital Inc, a leading provider of diversified financial solutions to growth-stage companies, announced that as part of the Company’s long-term succession plan, its Board of Directors has named Kyle Brown as Chief Executive Officer, effective January 1, 2024. At the same time, Trinity’s current CEO, Steve Brown, will become Executive Chairman of the Board of Directors. This carefully designed leadership transition reflects the vision and planning of the Company’s management team and Board of Directors, who have...

by GlobeNewswire

Investments

Ingsai Finance Inc secures $80 Mn Strategic Investment from Grong Capital

August 30, 20236 min

Ingsai Finance Inc, a trailblazing USA-based financial services company renowned for its expertise in high-frequency and algorithmic trading, has achieved a monumental stride toward its journey of prosperity. Grong Capital, a distinguished name in the investment realm, has announced a strategic infusion of $80 million into Ingsai Finance Inc. This financial boost is poised to propel Ingsai’s Cloud-Based AI Bot to new heights, expanding its server capabilities for automated trading. Furthermore, the collaboration with Grong...

by PRNewswire

Investments

Mathpresso Secures Strategic Investment from Google

November 10, 20215 min

Today, Seoul-based edtech startup Mathpresso announced that it has received an investment from Google. Mathpresso operates its flagship app ‘QANDA’, an AI-powered mobile learning platform for K-12 students. By recognizing text and mathematical formulas in a photo with optical character recognition (OCR) technology, QANDA provides detailed solutions and personalized learning content catered to each user’s level. Since its launch, the app has accumulated over 45 million registered users and 3 billion education data. With the goal...

by BusinessWire

Investments

Visa Makes Strategic Investment in Fintech expert Deserve

October 29, 20214 min

Visa investment to accelerate Deserve’s mission to modernize the credit card stack Deserve, a fintech company transforming credit cards into mobile-centric software, announced today it has received a strategic investment from Visa to expand access to Deserve’s credit-card-as-a-service for financial institutions, fintechs and brands. Visa joins other notable investors including Mission Holdings, Mastercard, Ally Ventures, Goldman Sachs Asset Management and Sallie Mae in advancing Deserve’s mission to modernize the credit card stack. “This investment validates the industry’s embrace of a digital-first, embedded approach...

by BusinessWire

Insurance – Consumer Platform

Flueid Software Corp. Secures Strategic Investment Led by Aquiline Technology Growth

April 27, 20204 min

Leading technology growth fund invests in Flueid’s forward-thinking approach to title insurance underwriting and closing automation

by FTB News Desk

Asset Management

HighTower Makes Strategic Investment in Schultz Collins

October 30, 20195 min

HighTower will provide the $1 billion San Francisco-based investment counsel with business growth consulting, operational support and capital HighTower today announced a strategic investment in Schultz Collins, a $1 billion advisory group with offices in San Francisco, Washington, D.C. and Towson, Md., serving individuals and families, institutional investors and retirement plan sponsors. HighTower’s business consulting, capital, and middle- and back-office support will enable Schultz Collins to expand its wealth management services for new and existing clients. Schultz Collins was founded in 1995...