Press
Wellesley Hills Financial Launches Specialty Payments Marketplace to Provide Top-tier Investment Banking and Advisory to Merchant Acquirers
BOSTON, Mass. – Wellesley Hills Financial (“WHF”), the leading payments, fintech and B2B software investment bank in the lower middle-market, is proud to announce the launch of Merchant Portfolios, a new marketplace dedicated to helping payments companies maximize investment and optimize returns through accessible, high-level financial services. The new business unit will provide payments companies with investment banking and advisory expertise typically reserved for larger enterprises. Merchant Portfolios will help with the most common challenges merchant acquirers face, including go-to-market strategy, commercial partnerships, product suite expansion, mergers and acquisitions, and capital needs. Through an array of new partnerships with leading industry solution providers, from
Capital Markets Tech / WealthTech
Foresight Raises $5.5M Seed Round to Bring Unified Data and AI to the Private Market
Foresight, a New York City-based software company on a mission to connect the private market through data, has raised $5.5 million in a seed
Chart Of The Week
Cloud-native, Digital Banking – Innovating on Legacy Cores
nCino, Inc. (NASDAQ: NCNO) provides cloud-based banking software and solutions to financial institutions worldwide. Since 2011, nCino has addressed the prevalent challenges of outdated
Blockchain
Robinhood Launches Stock Tokens, Reveals Layer 2 Blockchain, and Expands Crypto Suite in EU and US with Perpetual Futures and Staking
Robinhood has launched stock and ETF tokens in the EU, allowing 24/5 commission-free access to tokenized U.S. equities, and announced the development of a
E-commerce
Remark Raises $16 Million for AI-Based Online Shopping Assistant
Remark, a company building human-trained AI product experts for e-commerce, has raised $16 million in Series A led by Inspired Capital, with participation from
Embedded Finance
Natech Secures $33M to Lead Europe’s Embedded Finance Revolution
Natech Banking Solutions, Southern Europe’s leading banking tech platform, has secured $33 million in Series B funding—comprised of $26 million in equity and $7
Fintech
UK Insurtech Marshmallow Raises $90M
U.K. fintech and insurtech startup Marshmallow has raised $90 million in debt and equity in a round led by Portage Capital, with participation from BlackRock
IDV / AML / KYB / Biometrics
Idemia Smart Identity Acquired by IN Groupe
IN Groupe has completed its acquisition of IDEMIA Smart Identity, solidifying its position as a global leader in secure identity solutions, spanning biometrics, cryptography, and
Investment - M&A
Rex Software, Cirrus8 and RealTrust Merge to Create Industry Leader
Rex Software has joined forces with Cirrus8 and RealTrust Property Accounting Solutions to create a leading real estate software and solutions provider for residential and
Open Banking
Yaspa Receives $12M Investment Led by Discerning Capital to Fuel US Expansion
Yaspa, a hyper-growth London-based open banking firm, has secured a $12 million investment, led by Discerning Capital, to accelerate its U.S. expansion, particularly within the
Payments
Mexico’s Klar Bags $190M in New Funding at Reported $800M Valuation
Mexican fintech Klar has raised $190 million in a Series C funding round—$170 million in equity and $20 million in venture debt—led by returning
PropTech
U.S. Federal Housing, Fannie Mae and Freddie Mac Jointly Create U.S. Financial Technology, LLC to Inventory and Manage $6.5 Trillion Mortgage-Backed Securities (MBS) Portfolio
Fannie Mae and Freddie Mac have launched U.S. Financial Technology, LLC (U.S. Fin Tech) to replace their jointly owned entity, Common Securitization Solutions (CSS),
Saas
Fifteenth Announces $8.25 Million in Seed Funding to Help Tech Professionals Navigate Complex Taxes with Ease and Automation
Fifteenth, a tax solution designed for tech professionals with complex financial situations, has secured $8.25 million in seed funding led by A* and General Catalyst.
Specialty Finance / LendTech
DailyPay Completes Inaugural Asset-Backed Securitization, Powering its Mission to Break the Paycheck-To-Paycheck Cycle for Millions of Workers
DailyPay, a specialty finance leader in On-Demand Pay and financial wellness solutions, has completed its first-ever $200 million asset-backed securitization (ABS) backed by On-Demand
Press
Fintech Investment Bank Wellesley Hills Financial Expands Capabilities with New Executive Advisors
Announces addition of two recognized fintech and payments leaders to the team NEWTON, Mass.–(BUSINESS WIRE)–Wellesley Hills Financial, a global investment bank and strategic advisory
Week's Most Interesting
Capital Markets Tech
Foresight Raises $5.5M Seed Round to Bring Unified Data and AI to the Private Market
Foresight, a New York City-based software company on a mission to connect the private market through data, has raised $5.5 million in a seed
Chart Of The Week
Cloud-native, Digital Banking – Innovating on Legacy Cores
nCino, Inc. (NASDAQ: NCNO) provides cloud-based banking software and solutions to financial institutions worldwide. Since 2011, nCino has addressed the prevalent challenges of outdated technology,
Crypto
Robinhood Launches Stock Tokens, Reveals Layer 2 Blockchain, and Expands Crypto Suite in EU and US with Perpetual Futures and Staking
Robinhood has launched stock and ETF tokens in the EU, allowing 24/5 commission-free access to tokenized U.S. equities, and announced the development of a proprietary
Embedded Finance
Natech Secures $33M to Lead Europe’s Embedded Finance Revolution
Natech Banking Solutions, Southern Europe’s leading banking tech platform, has secured $33 million in Series B funding—comprised of $26 million in equity and $7 million
E-commerce
Remark Raises $16 Million for AI-Based Online Shopping Assistant
Remark, a company building human-trained AI product experts for e-commerce, has raised $16 million in Series A led by Inspired Capital, with participation from Stripe,
Fintech
UK Insurtech Marshmallow Raises $90M
U.K. fintech and insurtech startup Marshmallow has raised $90 million in debt and equity in a round led by Portage Capital, with participation from
Fraud/Risk Management
Idemia Smart Identity Acquired by IN Groupe
IN Groupe has completed its acquisition of IDEMIA Smart Identity, solidifying its position as a global leader in secure identity solutions, spanning biometrics, cryptography, and
Investments - M&A
Rex Software, Cirrus8 and RealTrust Merge to Create Industry Leader
Rex Software has joined forces with Cirrus8 and RealTrust Property Accounting Solutions to create a leading real estate software and solutions provider for residential
Open Banking
Yaspa Receives $12M Investment Led by Discerning Capital to Fuel US Expansion
Yaspa, a hyper-growth London-based open banking firm, has secured a $12 million investment, led by Discerning Capital, to accelerate its U.S. expansion, particularly within the
Payments
Mexico’s Klar Bags $190M in New Funding at Reported $800M Valuation
Mexican fintech Klar has raised $190 million in a Series C funding round—$170 million in equity and $20 million in venture debt—led by returning
U.S. Federal Housing, Fannie Mae and Freddie Mac Jointly Create U.S. Financial Technology, LLC to Inventory and Manage $6.5 Trillion Mortgage-Backed Securities (MBS) Portfolio
Fannie Mae and Freddie Mac have launched U.S. Financial Technology, LLC (U.S. Fin Tech) to replace their jointly owned entity, Common Securitization Solutions (CSS), signaling
Saas
Fifteenth Announces $8.25 Million in Seed Funding to Help Tech Professionals Navigate Complex Taxes with Ease and Automation
Fifteenth, a tax solution designed for tech professionals with complex financial situations, has secured $8.25 million in seed funding led by A* and General Catalyst.
Specialty Finance / LendTech
DailyPay Completes Inaugural Asset-Backed Securitization, Powering its Mission to Break the Paycheck-To-Paycheck Cycle for Millions of Workers
DailyPay, a specialty finance leader in On-Demand Pay and financial wellness solutions, has completed its first-ever $200 million asset-backed securitization (ABS) backed by On-Demand Pay