WHF News
Wellesley Hills Financial Announces Transformational Expansion
Firm significantly expands reach with new banking teams on the U.S. West Coast and Europe, and introduction of new Executive Advisory Group. NEWTON, MA – February 29, 2024 Wellesley Hills Financial, a Boston-based bespoke fintech and B2B software focused investment bank, is proud to announce the addition of a dedicated West Coast banking team led by Managing Director, Eddie Galvan, a veteran mergers and acquisition specialist who started his career at JP Morgan, a new Europe based team and the establishment of the first cohort of its Executive Advisory Committee. Galvan is a seasoned fintech professional and advisor for fintech, payments, and tech-enabled businesses,
Week's Most Interesting
AI is here…it’s in the numbers (NVIDIA’s that is)
AI indirectly topped this week’s most interesting tech news by virtue of being the center of attention of NVIDIA’s earnings report. At a time
Crypto
Galaxy, Lightspeed Faction Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
Turnkey, a startup founded by former Coinbase employees, has secured $15 million in funding to develop a user-friendly blockchain wallet infrastructure, a development that
E-commerce
Swap Secures $9 Million of Funding to Launch its Global Product Offering
Swap, an e-commerce operating system, has secured $9 million in Series A funding led by QED Investors to launch Swap Global, aiming to simplify
Embedded Finance
Marqeta and Uber Eats Announce Global Expansion of Partnership into Eight Markets
Embedded finance and next generation card issuing processor Marqeta, and Uber Eats, have expanded their partnership into eight new markets, a strategic move that
Fintech
Danish Fintech Unicorn Pleo Secures €40M Debt Funding from HSBC Innovation Banking: Know More
Copenhagen-based fintech unicorn Pleo has secured €40 million in debt financing from London’s HSBC Innovation Banking to expand its credit offering and launch Pleo’s Overdraft
Fraud / Risk Management
Baselayer Raises $6.5M Seed Round to Redefine Business Risk with AI Risk Engine
Baselayer, a B2B platform utilizing Graph AI technology to prevent fraud, has secured a $6.5 million seed round led by Torch Capital, Afore Capital, and
Investment / Acquisition
Blend Labs Announces Strategic Partnership with Haveli Investments, including $150 Million Investment
Blend Labs, a leading provider of cloud banking services, has announced a strategic partnership with Haveli Investments, a technology-focused private equity firm, including a $150
Open Banking
Brite Payments and Shopware Team Up for Instant Payments Across Europe
Brite Payments and Shopware have formed a strategic partnership to introduce open banking-based instant payments across Europe, leveraging Brite’s Instant Payments Network (Brite IPN) to
Payments
SumUp Raises €1.5B in an Oversubscribed Round Led by Goldman Sachs
SumUp, a fintech and payments company, has raised €1.5 billion in an oversubscribed funding round led by Goldman Sachs, with participation from private credit
Saas
Fintech Startup Fluence Technologies Agrees to be Acquired by Anaplan
Fluence Technologies, a Toronto-based fintech and software startup specializing in financial close, consolidation, and reporting SaaS solutions, has agreed to be acquired by Miami-based Anaplan.
Specialty Finance / LendTech
Lendbuzz Partners with Mizuho to Secure $100M for Innovative Vehicle Financing
Lendbuzz, a specialist in facilitating access to credit for consumers purchasing vehicles, has secured a $100 million warehouse facility with Mizuho Americas, marking a
Chart Of The Week
AvidExchange (AVDX); QQQ
AvidXchange’s software-as-a-service platform is a leader in offering three critical business processes in one complete solution for AP automation, payment services and payment acceleration.
WHF News
Lendbuzz Partners with Mizuho to Secure $100M for Innovative Vehicle Financing
Lendbuzz, a specialist in facilitating access to credit for consumers purchasing vehicles, has secured a $100 million warehouse facility with Mizuho Americas, marking a
Week's Most Interesting
AI is here…it’s in the numbers (NVIDIA’s that is)
AI indirectly topped this week’s most interesting tech news by virtue of being the center of attention of NVIDIA’s earnings report. At a time
A.I.
Upstart Earnings Spark Questions About Company’s ‘Fintech’ Narrative
Upstart, an artificial intelligence based lending platform that partners with banks and credit unions to provide consumer loans saw its shares sink more than
Investments - M&A
Blend Labs Announces Strategic Partnership with Haveli Investments, including $150 Million Investment
Blend Labs, a leading provider of cloud banking services, has announced a strategic partnership with Haveli Investments, a technology-focused private equity firm, including a
Fintech
Danish Fintech Unicorn Pleo Secures €40M Debt Funding from HSBC Innovation Banking: Know More
Copenhagen-based fintech unicorn Pleo has secured €40 million in debt financing from London’s HSBC Innovation Banking to expand its credit offering and launch Pleo’s
Payments
SumUp Raises €1.5B in an Oversubscribed Round Led by Goldman Sachs
SumUp, a fintech and payments company, has raised €1.5 billion in an oversubscribed funding round led by Goldman Sachs, with participation from private credit
Saas
Fintech Startup Fluence Technologies Agrees to be Acquired by Anaplan
Fluence Technologies, a Toronto-based fintech and software startup specializing in financial close, consolidation, and reporting SaaS solutions, has agreed to be acquired by Miami-based Anaplan.
E-commerce
Swap Secures $9 Million of Funding to Launch its Global Product Offering
Swap, an e-commerce operating system, has secured $9 million in Series A funding led by QED Investors to launch Swap Global, aiming to simplify cross-border
Open Banking
Brite Payments and Shopware Team Up for Instant Payments Across Europe
Brite Payments and Shopware have formed a strategic partnership to introduce open banking-based instant payments across Europe, leveraging Brite’s Instant Payments Network (Brite IPN) to
Crypto
Galaxy, Lightspeed Faction Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
Turnkey, a startup founded by former Coinbase employees, has secured $15 million in funding to develop a user-friendly blockchain wallet infrastructure, a development that could
Specialty Finance / LendTech
Lendbuzz Partners with Mizuho to Secure $100M for Innovative Vehicle Financing
Lendbuzz, a specialist in facilitating access to credit for consumers purchasing vehicles, has secured a $100 million warehouse facility with Mizuho Americas, marking a significant
Chart Of The Week
AvidExchange (AVDX); QQQ
AvidXchange’s software-as-a-service platform is a leader in offering three critical business processes in one complete solution for AP automation, payment services and payment acceleration. The