Brite Payments secures $60m funding, eyes international expansion
It plans to develop its proprietary Brite Instant Payments Network that facilitates 24/7 “instant” processing.
It plans to develop its proprietary Brite Instant Payments Network that facilitates 24/7 “instant” processing.
PayPal Ventures, CRE Venture Capital and The Raba Partnership also participated.
The initiative will be led by Visa Ventures, the global payment giant’s corporate investment arm.
The launch comes seven months after Lloyds Banking Group made a £10 million investment in Yoti.
The round also saw participation from existing investors Valar Ventures and Nazca Ventures.
The latest fundraise comes months after AlphaSense secured $100m in Series D funding led by Alphabet’s CapitalG.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies in the UK.
The New York-based firm intends to invest the funding into its wealth management portal and talent.
With the new funding, Traydstream plans to double down on its growth and enhance its AI-led platform.
The equity investment comes from IAG Silverstripe and the lender’s existing backers.
The investment follows one year after PortX raised $10 million in its Series A funding round.
Slope plans to leverage new investor Sam Altman’s “extensive” AI experience to scale its platform.
The round consists of $50 million in debt funding and $12 million in equity.
Funding Societies will channel the funding into its financing solutions to support SMEs in its five operating regions.
According to the Financial Times, Solaris is looking to raise €100m to fulfil its credit card deal with ADAC.
The round was led by Framework Venture Partners, with participation from additional investors.
We catch up with Arvind Purushotham of Citi Ventures to discuss the current fintech funding landscape.
Our weekly fintech round-up for you to get the latest funding news from around the world.
The additional cash brings Curve’s total Series C funding to over £133 million.
The financing will be used to redeem existing debt, expand lending operations and accelerate Fleximize’s growth.
With Sibos 2023 taking place in Toronto, Canada, we take a look at the country’s growing fintech scene.
The new facility will help ThinCats support lending of up to £696 million to mid-sized businesses in the UK.
Along with the funding, Flex has also launched its finance app catering to underserved small business owners.
The funding came from Kedaara Capital, and existing backers Warburg Pincus and Bessemer Venture Partners.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Denodo intends to leverage the funding and TPG’s “deep experience” to expand globally.
France-based Swan will be launching in the Netherlands and Italy.
The money will be spent on the development of Treasury4’s Entity4 and Cash4 solutions and also partnerships.
Kroo is looking to family offices, institutional investors, VCs and private equity in the UK, US and Europe.
Amplifi Capital previously received £50 million in debt funding from M&G back in June.
The round was led by Fin Capital and Vertex Ventures Southeast Asia and India.
Ampla connects consumer brands with embedded banking, bill pay, growth capital and corporate card solutions.
This latest funding brings the total amount of capital raised by the bank to £530 million.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Wayflyer plans to deploy the capital to its 3,000 global e-commerce clients.
The strategic equity investment was made through Emirates NBD’s Innovation Fund.
With the fresh investment, ThetaRay plans on expediting its international expansion “across continents”.