Payments infrastructure provider Paddle snaps up ProfitWell for $200m
Paddle will integrate ProfitWell’s financial metrics, as well as its pricing and retention software.
Paddle will integrate ProfitWell’s financial metrics, as well as its pricing and retention software.
New York-based Chimney’s financial calculators help customers make “smarter” financial decisions.
Canadian Tire Bank is looking to replace its legacy systems and modernise its operations.
Caribou will use the new funding to invest in its platform, expand its team and develop new products.
M1 will deploy Thought Machine’s Vault Core to launch products from one unified, coherent “source of truth”.
SpotOn has raised $928 million in funding to date.
Allegacy FCU says partnership will “make data actionable, unlock predictive insights and drive innovation”.
The Minnesota-based lender will move to Fiserv to meet the complex loan servicing needs of its shareholders.
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.
The acquisition is expected to close in H1 2022.
Current’s platform API enables fintechs to build embedded financial services solutions quickly and easily.
The appointment follows the company’s recent expansion into North America and APAC.
The company intends to use the capital to “make it even easier for companies to launch and succeed”.
Hawaii State FCU will go live on Lumin Digital’s platform in June 2022.
FinTech Futures speaks with Zirtue co-founder and CEO Dennis Cail about tackling predatory lenders.
The company’s mission is “to bridge the world of traditional finance, blockchain and decentralised finance”.
Nomad previously raised a $20 million Series A round in July 2021.
Lightspark aims to “explore, build and extend the capabilities and utility of Bitcoin”.
The Series F pegs Chainalysis’ valuation at $8.6 billion.
Zaki will lead strategic partnerships for the fintech firm as part of his new role.
Altro aims to help people build credit through recurring payments and subscriptions such as Netflix and Hulu.
Appian believes the $2 billion judgement is the largest award in Virginia state court history.
Global investment manager Franklin Resources and fintech-focused investment firm Motive Partners participated.
Solidus Labs enables safer crypto trading across centralised and DeFi markets through its solutions.
The round was led by SVB Financial Group and Piper Sandler Merchant Banking.
Our weekly fintech round-up for you to get the latest funding news from around the world.
The new facility follows a $50 million Series D raise in October 2021.
The CFPB alleges BofA unlawfully garnished at least 3,700 out-of-state accounts since August 2021.
The collaboration seeks to address supply chain financing friction and cashflow challenges.
Existing investors Andreessen Horowitz, PayPal and Fidelity also took part in the round.
According to Bloomberg, Thoma Bravo has held initial takeover talks with the Swiss banking software provider.
Founded in 2015, GradFin offers advisory solutions for people wanting assistance with their student loan debt.
Hopscotch, founded in June 2021, has raised nearly $10m from 12 investors.
CEO Doug Ludlow cites “today’s incredibly rough market” as the reason for the layoffs.
BehavioSec tracks mobile touchscreen signals to continuously authenticate identity and prevent fraud.
Column is the only nationally chartered developer infrastructure bank in the US.
CNote has already started moving Apple’s money into the communities through its platform.
The round comprises of $10 million in equity financing and $100 million in debt financing.
The Montreal-based fintech was founded in January 2020 and launched in May 2021.