Irish fintech Global Shares sold to J.P. Morgan
Global Shares is 40% owned by Motive Partners, which bought the stake in 2018 for $25 million.
Global Shares is 40% owned by Motive Partners, which bought the stake in 2018 for $25 million.
Founded in 2017, Axonius has now raised a total of $395 million to date.
The round was led by the Healthcare of Ontario Pension Plan (HOOPP).
There will be “extensive recruitment” at the company’s new offices in New York and Amsterdam.
The funding comes after the fintech abandoned its planned IPO in January.
Curve launched in 2018 and has already spread to 31 markets across the globe.
Jones brings 17 years worth of management experience to the Detroit-based firm.
Capchase CEO says funding businesses “is not a one-size-fits-all approach anymore”.
New York-based Selfbook landed $15 million, while Austin-based Stellar raised $7 million.
The payments giant has also invested $30 million, alongside other investors, into Zeta.
The bank will deploy CSI’s NuPoint core banking platform.
Our weekly fintech round-up for you to get the latest funding news from around the world.
IDS is expected to generate revenues worth approximately $15 million in 2022.
Branch claims its workforce payments platform revenue grew by more than 700% over the last year.
The announcement was made by the company’s interim president Kevin Ryan via an e-mail to affected staff.
Stax has grown 500% in the past three years and processed more than $23 billion in payments.
The deal is expected to close by the end of Q1 2022.
FLEX is a credit union core system processor based in Utah, US.
NCR says the deal will accelerate its push into open and international digital banking.
Climate fintech start-ups raised $1.2 billion in 2021, according to figures from CommerzVentures.
Payoneer will deploy ThetaRay’s Sonar solution from Q2 2022.
Based in Montreal, Quebec, the fintech offers business accounts for SMEs.
The deal values Sezzle at approximately $360 million (AUD 491 million).
Atomic wants customers to be able to invest, save and accrue wealth by “unlocking the power of their paychecks”.
US-based start-ups Growfin and PTO Exchange raise $1.4 million and $5.4 million, respectively.
Our weekly fintech round-up for you to get the latest funding news.
Boku CEO says the sale will allow the firm “to focus on developing our mobile payments solutions”.
The company also confirmed the acquisition of cryptocurrency fundraising platform The Giving Block.
The bank has brought in a new leadership team and implemented a new technology strategy.
The combined entity will become a top six US bank, serving 10.7 million customers across 22 states.
This brings total funds managed by CommerzVentures to €550 million.
Finch boosts users’ credit score by reporting spending to US credit bureaus Equifax, Experian and TransUnion.
BNY Mellon is building a multi-asset digital custody and admin platform for traditional and digital assets.
“We represent a third wave in database technology,” says CEO Bob Van Luijt.
Tyl by CIBC is a digital-first payment acceptance and merchant services platform for Canadian SMEs.
Microsoft says financial services organisations need to become more digital to meet customer demands.
Our weekly fintech round-up for you to get the latest funding news.
Zurich-based Squirro has raised $4m in equity funding from capital investment firm BuildGroup.
Pipe claims to be “the creator of the world’s first trading platform for recurring revenues”.
Start-up Baton “has built a unique, innovative B2B invoice payments network”, TreviPay says.