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
Alt Investment Platform iCapital Raises $820M at $7.5B Valuation with an Eye Toward Acquisitions
iCapital, a fintech platform specializing in alternative investments, has raised over $820 million in new funding, boosting its valuation to $7.5 billion. The round—co-led
Chart Of The Week
BitMine Pivots to Ethereum Treasury Management w/ Fundstrat’s Tom Lee at Helm
BitMine Immersion Technologies, Inc. (NYSE American: BMNR) is engaged in Bitcoin mining, equipment hosting, and digital asset management. The company operates four mining facilities—two
Blockchain
Stablecoin Startup Agora Secures $50M Investment Led by Paradigm
Agora, a cryptocurrency firm that enables companies to launch their own branded stablecoins, has raised $50 million in Series A funding led by Paradigm
E-commerce
Brainfish: $6.4 Million Pre-Series A Raised for AI-Based Customer Experience Platform
Brainfish, an AI platform that enhances user interaction with digital products, has raised $6.4 million in a pre-Series A round led by Prosus Ventures,
Embedded Finance
KORT Payments Announces Strategic Partnership with Tilled to Deliver Unified Embedded Payments Experience to ISVs Across North America
KORT Payments, a leading omnichannel payments provider, has formed a strategic long-term partnership with PayFac-as-a-Service firm Tilled, to offer a unified, embedded payments solution
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
Advent International Plans Sale of Idemia’s Public Security Unit, Valued at €3 Billion
Advent International, a leading global private equity investor, is preparing to sell Idemia’s Public Security division, which could be valued between €2–3 billion, following its
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
MANTL Becomes First Fintech to Offer Plaid Layer
MANTL, a fintech solution acquired by digital banking provider Alkami, has become the first onboarding platform to resell Plaid Layer, enabling regional and community banks
Payments
Thoma Bravo to Acquire Olo in Deal Valuing Restaurant Tech Firm at $2 Billion
Thoma Bravo has agreed to acquire restaurant technology firm Olo in an all-cash deal worth $2 billion, offering $10.25 per share—a 65% premium over
PropTech
Allegion Acquires Access Control Software Provider Gatewise
Allegion, a leading global security products provider in the proptech space, has acquired Gatewise, a Houston-based SaaS provider of innovative access control systems for
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
British Fintech Zilch on the Hunt for Overseas Bid Targets
Zilch, the consumer specialty finance lender which has become one of Britain’s fastest-growing fintech companies, is actively seeking international acquisition targets to scale ahead
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
Alt Investment Platform iCapital Raises $820M at $7.5B Valuation with an Eye Toward Acquisitions
iCapital, a fintech platform specializing in alternative investments, has raised over $820 million in new funding, boosting its valuation to $7.5 billion. The round—co-led
Chart Of The Week
BitMine Pivots to Ethereum Treasury Management w/ Fundstrat’s Tom Lee at Helm
BitMine Immersion Technologies, Inc. (NYSE American: BMNR) is engaged in Bitcoin mining, equipment hosting, and digital asset management. The company operates four mining facilities—two in
Crypto
Stablecoin Startup Agora Secures $50M Investment Led by Paradigm
Agora, a cryptocurrency firm that enables companies to launch their own branded stablecoins, has raised $50 million in Series A funding led by Paradigm and
Embedded Finance
KORT Payments Announces Strategic Partnership with Tilled to Deliver Unified Embedded Payments Experience to ISVs Across North America
KORT Payments, a leading omnichannel payments provider, has formed a strategic long-term partnership with PayFac-as-a-Service firm Tilled, to offer a unified, embedded payments solution tailored
E-commerce
Brainfish: $6.4 Million Pre-Series A Raised for AI-Based Customer Experience Platform
Brainfish, an AI platform that enhances user interaction with digital products, has raised $6.4 million in a pre-Series A round led by Prosus Ventures, bringing
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
Advent International Plans Sale of Idemia’s Public Security Unit, Valued at €3 Billion
Advent International, a leading global private equity investor, is preparing to sell Idemia’s Public Security division, which could be valued between €2–3 billion, following its
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
MANTL Becomes First Fintech to Offer Plaid Layer
MANTL, a fintech solution acquired by digital banking provider Alkami, has become the first onboarding platform to resell Plaid Layer, enabling regional and community banks
Payments
Thoma Bravo to Acquire Olo in Deal Valuing Restaurant Tech Firm at $2 Billion
Thoma Bravo has agreed to acquire restaurant technology firm Olo in an all-cash deal worth $2 billion, offering $10.25 per share—a 65% premium over
Allegion Acquires Access Control Software Provider Gatewise
Allegion, a leading global security products provider in the proptech space, has acquired Gatewise, a Houston-based SaaS provider of innovative access control systems for multifamily
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
British Fintech Zilch on the Hunt for Overseas Bid Targets
Zilch, the consumer specialty finance lender which has become one of Britain’s fastest-growing fintech companies, is actively seeking international acquisition targets to scale ahead of