Fintech platform for freight and logistics, Denim, closes $126m Series B
Denim automates invoicing, collections and payments, claiming to reduce daily payments and collections tasks by 75%.
Denim automates invoicing, collections and payments, claiming to reduce daily payments and collections tasks by 75%.
The start-up has raised $11 million in venture funding and $400 million in a credit facility.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Ethic’s vision is to create “a world in which all investing is sustainable investing”.
The latest round brings the company’s overall capital raised to date to more than $40 million.
Modern Treasury and Goldman Sachs Transaction Banking aim “to accelerate the shift to embedded payments”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
The start-up has raised $300 million in a credit facility and $16.1 million in seed funding.
The new funding will be used to increase Kafene’s employee headcount and onboard more merchants onto its platform.
Majority says it will deploy the new funds towards enhancing its suite of essential services.
KlariVis says it was built by bankers for bankers.
The partnership will allow the bank’s clients to give their employees access to earned wages before payday.
Nexus’ procure-to-pay solution, customers and suppliers will join Bottomline’s Paymode-X B2B payments network.
Freiberg was co-chairman and CEO of Citigroup’s global consumer group for three decades.
Pega’s CRM platform will consolidate four different back-office systems at First Tech FCU.
Carroll will oversee the development of technology, supporting Bankjoy’s digital service ecosystem.
The Finalytics.ai digital experience platform increased conversion rates more than 270% at Visions FCU.
The money raised by Cledara will go towards the US expansion.
As PayPal’s EVP and CPO, Kim will lead the consumer and merchant product and engineering teams.
Credit Karma says it disagrees with the FTC’s allegations but that it has reached an agreement.
Once the acquisition is complete, Renovite will become part of JP Morgan Payments.
Aurora CEO Brian Goudie says the deal “adds significant value” to his firm.
The acquisition will equip FNZ with additional wealth management product and service solutions.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Only Visa now stands in the way of Apple Pay reaching the top spot globally.
Maguire will succeed current Truist CFO Daryl Bible following his retirement.
Ravi Venkatesan will take over as CEO with Sean Feeney set to retire at the end of September.
The credit line is designed to help finance further expansion into Mexico, Bloomberg reports.
Our weekly fintech round-up for you to get the latest funding news from around the world.
Streetman will be tasked with leading the company’s culture, strategy, operations and expansion plans.
The new money will be used to expand its go-to-market efforts and accelerate product innovation.
SteelEye claims the $21m Series B marks the largest raise by a European regtech firm in 2022.
The funding will be used to “improve financial access” for Mexican businesses.
Both deals are expected to close in H1 2023.
Jarratt has 30 years’ worth of experience across financial services, telco and utilities.
The new digital bank for small businesses will operate as a separate entity under Liberty Bank.
Wealthfront CEO David Fortunato says the pair are “continuing to explore ways to work together”.
Together, the firms also have plans to expand into new markets such as India and Singapore.
The fresh cash will support Alloy’s continuing global expansion.
Mahalo’s banking platform will integrate various customer channels with the credit union’s core.