WHF News
![Wellesley Hills Financial West Coast Team](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/02/West_Coast_Team-1.jpg?fit=768%2C576&ssl=1)
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
![NVIDIA GPU AI](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/02/nvidia-ai-on-rtx-100vp-d.jpg?fit=300%2C169&ssl=1)
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
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/allium1.png?fit=300%2C300&ssl=1)
Blockchain Data Startup Allium Raises $16.5M
Allium, a blockchain data platform for enterprises and financial institutions, has secured $16.5 million in Series A funding led by Theory Ventures, bringing its
E-commerce
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/shaped1.png?fit=300%2C300&ssl=1)
Shaped.ai Raises Series A, Launches Self-Serve Platform to Power the Future of AI-Driven Recommendations & Search
Shaped.ai, an AI recommendation and search platform for marketplaces, raised $8 million in Series A funding led by Madrona Ventures and launched a new
Embedded Finance
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/toyota1.png?fit=300%2C300&ssl=1)
Toyota and Fabrick Collaborate on Convergence of Finance and Mobility
Toyota Financial Services Italy and Fabrick have partnered to integrate embedded finance solutions into Toyota vehicles to enhance financial and payment processes throughout the
Fintech
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/capstack1.png?fit=300%2C300&ssl=1)
Capstack Acquires FTX-Backed Edge Tradeworks
Capstack, the leading loan trading platform for financial institutions, has acquired Edge Tradeworks, which aims to broaden its customer base to include larger banks and
Fraud / Risk Management
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/authID1.png?fit=300%2C300&ssl=1)
authID and FinClusive Partner to Integrate Next-Gen Biometric and Financial Crimes Compliance Solutions, Enabling Robust Identity Management
authID, a leading provider of innovative biometric identity verification and authentication solutions, and FinClusive Capital, a global provider of comprehensive financial crimes compliance (FCC) and
Investment / Acquisition
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/13books1.png?fit=300%2C300&ssl=1)
VC Firm 13books Capital Closes £121M Fintech Fund
13books Capital, a venture capital firm investing in fintech startups from seed to Series A stages across Europe, has closed a £121m fund to support
Open Banking
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/cfpb1.png?fit=300%2C300&ssl=1)
US Banks Ask CFPB For Longer to Comply With Data Rights Rule
Several US banking organizations have requested the Consumer Financial Protection Bureau (CFPB) extend the compliance deadline for its Personal Financial Data Rights rule by at
Payments
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/slope1.png?fit=300%2C300&ssl=1)
Slope, AI-Led B2B Payments Platform, Secures $65 Million Strategic Equity and Debt Funding Provided by J.P. Morgan and Others
Slope, an AI-driven B2B payments platform, has secured $65 million in strategic equity and debt funding from J.P. Morgan and other investors, bringing its
Saas
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/alvys1.png?fit=300%2C300&ssl=1)
Alvys Raises $20+ Million to Transform Logistics and Supply Chain Management
Alvys, a logistics and supply chain management platform, raised $20.5 million in Series A funding led by Titanium Ventures and other existing investors. The funding
Specialty Finance / LendTech
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/octane1.png?fit=300%2C300&ssl=1)
Octane Strengthens Market Position with $365M Asset-Backed Deal
Octane, a fintech leader in the specialty finance sector that streamlines large recreational purchases, has completed a $365 million asset-backed securitization backed by fixed-rate
Chart Of The Week
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/chart-721.png?fit=300%2C179&ssl=1)
Vertex (VERX) ; QQQ
Vertex (NASDAQ: VERX) is a pioneer in business tax automation and serves companies of all sizes, including 60% of the Fortune 500. The company
PropTech
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/aven3.png?fit=300%2C300&ssl=1)
Aven Reaches Unicorn Status with $142 Million Series D Investment to Bring the World’s First Home Equity-backed Credit Card to Homeowners in All 50 States
Aven, a company that offers home equity-backed credit cards and sits solidly in the proptech – fintech spectrum, has achieved unicorn status with a
WHF News
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/aven3.png?fit=300%2C300&ssl=1)
Aven Reaches Unicorn Status with $142 Million Series D Investment to Bring the World’s First Home Equity-backed Credit Card to Homeowners in All 50 States
Aven, a company that offers home equity-backed credit cards and sits solidly in the proptech – fintech spectrum, has achieved unicorn status with a
Week's Most Interesting
![NVIDIA GPU AI](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/02/nvidia-ai-on-rtx-100vp-d.jpg?fit=300%2C169&ssl=1)
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](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2022/08/download-9.png?fit=225%2C225&ssl=1)
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
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/13books1.png?fit=300%2C300&ssl=1)
VC Firm 13books Capital Closes £121M Fintech Fund
13books Capital, a venture capital firm investing in fintech startups from seed to Series A stages across Europe, has closed a £121m fund to
Fintech
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/capstack1.png?fit=300%2C300&ssl=1)
Capstack Acquires FTX-Backed Edge Tradeworks
Capstack, the leading loan trading platform for financial institutions, has acquired Edge Tradeworks, which aims to broaden its customer base to include larger banks
Payments
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/slope1.png?fit=300%2C300&ssl=1)
Slope, AI-Led B2B Payments Platform, Secures $65 Million Strategic Equity and Debt Funding Provided by J.P. Morgan and Others
Slope, an AI-driven B2B payments platform, has secured $65 million in strategic equity and debt funding from J.P. Morgan and other investors, bringing its
Saas
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/alvys1.png?fit=300%2C300&ssl=1)
Alvys Raises $20+ Million to Transform Logistics and Supply Chain Management
Alvys, a logistics and supply chain management platform, raised $20.5 million in Series A funding led by Titanium Ventures and other existing investors. The funding
E-commerce
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/shaped1.png?fit=300%2C300&ssl=1)
Shaped.ai Raises Series A, Launches Self-Serve Platform to Power the Future of AI-Driven Recommendations & Search
Shaped.ai, an AI recommendation and search platform for marketplaces, raised $8 million in Series A funding led by Madrona Ventures and launched a new self-serve
Open Banking
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/cfpb1.png?fit=300%2C300&ssl=1)
US Banks Ask CFPB For Longer to Comply With Data Rights Rule
Several US banking organizations have requested the Consumer Financial Protection Bureau (CFPB) extend the compliance deadline for its Personal Financial Data Rights rule by at
Crypto
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/allium1.png?fit=300%2C300&ssl=1)
Blockchain Data Startup Allium Raises $16.5M
Allium, a blockchain data platform for enterprises and financial institutions, has secured $16.5 million in Series A funding led by Theory Ventures, bringing its total
Specialty Finance / LendTech
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/octane1.png?fit=300%2C300&ssl=1)
Octane Strengthens Market Position with $365M Asset-Backed Deal
Octane, a fintech leader in the specialty finance sector that streamlines large recreational purchases, has completed a $365 million asset-backed securitization backed by fixed-rate installment
Chart Of The Week
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/chart-721.png?fit=300%2C179&ssl=1)
Vertex (VERX) ; QQQ
Vertex (NASDAQ: VERX) is a pioneer in business tax automation and serves companies of all sizes, including 60% of the Fortune 500. The company provides
![](https://i0.wp.com/www.wellesleyhillsfinancial.com/wp-content/uploads/2024/07/aven3.png?fit=300%2C300&ssl=1)
Aven Reaches Unicorn Status with $142 Million Series D Investment to Bring the World’s First Home Equity-backed Credit Card to Homeowners in All 50 States
Aven, a company that offers home equity-backed credit cards and sits solidly in the proptech – fintech spectrum, has achieved unicorn status with a $142