KOHO closes $42m for alternative fintech
Led by Portag3, who supported its Series A.
Led by Portag3, who supported its Series A.
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Bringing its total funding to $11 million.
The amount of the investment is undisclosed.
Aims to solve $4 billion legacy systems overhead problem.
Around 10% of its total workforce in Spain.
It allows users to manage accounting and payroll insights.
The Series B was led by Commerce Ventures and Point72 Ventures.
All three commit to modernise and improve business banking for SMEs.
BC Partners and Acuris management retain minority ownership.
BNP Paribas, Natixis and Societe Generale join NatWest.
It follows last year’s $16m Series A.
A new desktop technology infrastructure, allowing integration and interoperability.
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Piermont Bank and Nexos National Bank.
A descendant of the Medici family sees future in Puerto Rico.
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The joint venture, Bank of America Merchant Services, accounts for 10-12% of First Data’s revenue.
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Follows QEDIT’s $10 million Series A investment round.
As it tries to expand throughout Central and Eastern Europe.
It has since stopped trading to keep the market under control.
Community bank is an early adopter of collaborative video banking.
Bora to provide advanced payment processing technology.
Lynx is part of Payments Canada’s multi-year modernisation initiative.
It will also allow it to quickly implement new capabilities.
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Fintech with flourish. It blooms and blossoms.
Transactis makes digital payment services available to small businesses.
Plans to accelerate growth across Africa, Asia and Latin America.
These are Carpathia Credit Union, Estonian Credit Union and Parama Credit Union.
This comes despite the bank signing in 2015 with FIS’s fellow US heavyweight competitor, Fiserv.
The bank hopes to be able to launch within 90 days.
Quorum to be made available through Azure Blockchain Service.
The London-based company now eyes further global expansion.
SLED agencies can take advantage of GovQuote’s technology to get quotes and a complete digital record for compliance.
Terms of the transaction were not disclosed.
Thanks to a recent partnership with BitPay.