FinLync secures US$16m to support global expansion
FinLync, a privately held, global fintech company, announce that it has closed on a US$16m equity funding round to support its global expansion.
Fintech HoneyBook passes $1B valuation after landing $155M Series D
HoneyBook has raised $155 million in Series D funding to continue developing its client experience and financial management platform.
Paxos raises $300 million to build a cryptocurrency infrastructure giant
Paxos has been building infrastructure and white-label services for enterprise clients that want to offer cryptocurrency products to their own customers.
Fintech startup Current valuation triples after Andreessen funding
Fintech startup Current has raised $220 million in a funding round led by venture capital giant Andreessen Horowitz that lifted its valuation by three-fold to $2.2 billion. The New York-based company said in a statement on Tuesday it planned to use the new funds to expand its product portfolio, including cryptocurrencies. Current has no immediate plans of considering a stock market listing but will look to be ready to go public in the next few years, its founder and Chief Executive Officer Stuart Sopp said in an interview with Reuters. Venture capital firms are betting big on fintech firms after the COVID-19 pandemic drove a surge in online transactions last […]
Startup gets backing to create clearing firm for equities
Embedded Financial Technologies is a new custodian-and-clearing firm for equities founded by Michael Giles, who previously ran Square’s Cash App.
Greenlight raises $260 million led by Andreessen Horowitz to expand its family finance platform
“The demand for Greenlight’s family finance solution continues to grow,” said Johnson Cook, Co-Founder and President of Greenlight.
Digital Finance as the New Normal: Plaid raises $425 Million Series D
With digital finance being the new normal, Plaid has announced a significant funding round raising $425 million in a Series D round.
Capitolis lands a16z-led $90M Series C for fintech SaaS platform
Capitolis, which makes technology for capital markets players such as investment and merchant banks, has closed on a $90 million Series C funding round.