Press

CEO Chat: Wellesley Hills Financial
FinMed Partner’s CEO Chat with Wellesley Hills Financial Company: WELLESLEY HILLS FINANCIAL Headquarters: NEWTON, MA Year Founded: 2020 1. What problem was wellesley hills founded to solve? Wellesley Hills Financial identified an opportunity in the marketplace for core investment banking services targeted at lower middle-market companies in payments technology, fintech, and tech-enabled software. These are companies with enterprise values between $20 million and $300 million, who we believe are underserved and often neglected by larger middle market firms, particularly as it pertains to access to growth capital and M&A. With over 20 years of experience in banking and advising these niche technology assets, we are uniquely
Week's Most Interesting

UK Open Banking Firms Bet on Section 1033 at Money20/20
Fish and chips, “proper” English breakfast, 300-year old pubs and a divinely poured Guinness, all rounded out an amazing trip to London this week
Capital Markets Tech / WealthTech

CT-Based Fintech Acquires Cloud-Based Trading Platform for $246M
FactSet, the Norwalk-based financial services and data company, has acquired cloud-based trading platform LiquidityBook for $246.5 million in cash, furthering its commitment to streamlining
Chart Of The Week

Paysafe (NYSE:PSFE)
Paysafe (NYSE:PSFE), announced last week the definitive agreement to sell their direct marketing payment business to KORT payments. The former CEO of Paysafe, Joel
Blockchain

Hitachi Payments Invests in Spydra to Boost Blockchain and CBDC
Hitachi Payment Services, a provider of end-to-end payment and commerce solutions, has made a strategic minority investment in Spydra Technologies to accelerate blockchain and
E-commerce

Suger Raises $15 million Series A to Automate Workflows for B2B Marketplaces
Suger.io has raised $15 million in Series A funding led by Threshold Ventures, with participation from Craft Ventures, Intel Capital, and Y Combinator, to
Embedded Finance

Beam Builds $11M Series A
Beam, a startup offering an all-in-one financial platform for construction businesses, has raised $11 million in Series A funding. The platform streamlines estimating, invoicing,
Fintech

Clutch Secures $65M Series B Funding to Propel Credit Unions into the Fintech Era
Clutch, a digital banking software provider for credit unions, has secured $65 million in Series B funding led by Alkeon Capital Management, with contributions from
IDV / AML / KYB / Biometrics

Sardine AI Raises $70M to Make Fraud and Compliance Teams More Productive
Sardine, an AI-driven risk platform for fraud prevention, compliance, and credit underwriting, has raised $70 million in Series C funding in a round led by
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

Plaid Working with Goldman Sachs on Raising $300M to $400M in Tender Offer
Open banking giant Plaid is working with Goldman Sachs on a $300M-$400M tender offer, allowing early investors and employees to sell shares. The offer is
Payments

Fintech Rapyd Seeks Funding at $3.5B Valuation,a Steep Drop from $9B
London-based payments and fintech company Rapyd is seeking to raise $300 million at a $3.5 billion valuation, a sharp decline from its $9 billion
PropTech

Virtual Peaker Completes Additional Round of Financing, Led by Greensoil Proptech Ventures
Virtual Peaker, a virtual power plant software company specializing in AI-enabled grid-edge technology, has secured additional financing led by Greensoil PropTech Ventures, with participation
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

Tabby Valuation More Than Doubles to $3.3 Billion on $160 Million Investment Round
Tabby, the UAE-based buy now, pay later (BNPL) fintech, raised $160 million in Series E funding, doubling its valuation to $3.3 billion ahead of
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

UK Open Banking Firms Bet on Section 1033 at Money20/20
Fish and chips, “proper” English breakfast, 300-year old pubs and a divinely poured Guinness, all rounded out an amazing trip to London this week
Capital Markets Tech

CT-Based Fintech Acquires Cloud-Based Trading Platform for $246M
FactSet, the Norwalk-based financial services and data company, has acquired cloud-based trading platform LiquidityBook for $246.5 million in cash, furthering its commitment to streamlining
Chart Of The Week

Paysafe (NYSE:PSFE)
Paysafe (NYSE:PSFE), announced last week the definitive agreement to sell their direct marketing payment business to KORT payments. The former CEO of Paysafe, Joel Leonoff,
Crypto

Hitachi Payments Invests in Spydra to Boost Blockchain and CBDC
Hitachi Payment Services, a provider of end-to-end payment and commerce solutions, has made a strategic minority investment in Spydra Technologies to accelerate blockchain and Central
Embedded Finance

Beam Builds $11M Series A
Beam, a startup offering an all-in-one financial platform for construction businesses, has raised $11 million in Series A funding. The platform streamlines estimating, invoicing, payments,
E-commerce

Suger Raises $15 million Series A to Automate Workflows for B2B Marketplaces
Suger.io has raised $15 million in Series A funding led by Threshold Ventures, with participation from Craft Ventures, Intel Capital, and Y Combinator, to enhance
Fintech

Clutch Secures $65M Series B Funding to Propel Credit Unions into the Fintech Era
Clutch, a digital banking software provider for credit unions, has secured $65 million in Series B funding led by Alkeon Capital Management, with contributions
Fraud/Risk Management

Sardine AI Raises $70M to Make Fraud and Compliance Teams More Productive
Sardine, an AI-driven risk platform for fraud prevention, compliance, and credit underwriting, has raised $70 million in Series C funding in a round led by
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

Plaid Working with Goldman Sachs on Raising $300M to $400M in Tender Offer
Open banking giant Plaid is working with Goldman Sachs on a $300M-$400M tender offer, allowing early investors and employees to sell shares. The offer is
Payments

Fintech Rapyd Seeks Funding at $3.5B Valuation,a Steep Drop from $9B
London-based payments and fintech company Rapyd is seeking to raise $300 million at a $3.5 billion valuation, a sharp decline from its $9 billion

Virtual Peaker Completes Additional Round of Financing, Led by Greensoil Proptech Ventures
Virtual Peaker, a virtual power plant software company specializing in AI-enabled grid-edge technology, has secured additional financing led by Greensoil PropTech Ventures, with participation from
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

Tabby Valuation More Than Doubles to $3.3 Billion on $160 Million Investment Round
Tabby, the UAE-based buy now, pay later (BNPL) fintech, raised $160 million in Series E funding, doubling its valuation to $3.3 billion ahead of its