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
Layer-1 Blockchain Berachain Raises $100 Million in Funding Led by Brevan Howard Digital
Berachain, an EVM (ethereum virtual machine)-compatible Layer-1 blockchain built using the Cosmos SDK, has successfully raised $100 million in Series B funding, led by
E-commerce
UniUni Closes US$50 Million Series C Round Led hy DCM; Funds Aimed at U.S. Expansion
UniUni, a leading Canadian technology company specializing in last-mile logistics for e-commerce, has secured a $50 million (USD) Series C led by venture firm
Embedded Finance
Finmid Raises $24.7M to Help SMBs Access Loans Through Platforms like Wolt
Finmid, a Berlin-based startup founded by former N26 employees Max Schertel and Alexander Talkanitsa, has raised €23 million ($24.7 million) in Series A to
Fintech
Fintech Nexus Newsletter (April 18, 2024): Ramp closes $150m funding round
Ramp, a spend management startup, has successfully closed a $150 million Series D extension, bringing its valuation to $7.65 billion. Despite the challenges posed by
Fraud / Risk Management
Socure Announces Faster Biometric IDV, Deepfake and Synthetic Identity Fraud Detection
Socure has enhanced its document verification service, DocV, with advanced deepfake selfie detection and barcode enhancement capabilities to combat identity spoofing and fraud. By analyzing
Investment / Acquisition
On the Heels of Raising $500M in New Funds, Team8 Establishes a Roadmap for Fintech in 2030 and Beyond
Team8, a global venture fund focusing on digital transformation, has released a report titled “2030 and Beyond: An Unconventional Look at the Future of Fintech,”
Open Banking
Brankas Is First Company in Indonesia to be Awarded an Open Banking Data License
Brankas became the first company in Indonesia to obtain a Payment Service Provider (PJP) Category 2 License for Account Information (AInS) from Bank Indonesia, enabling
Payments
PayPal Ventures Leads Pliant’s €18+ Million Series A Extension Financing
PayPal Ventures announced this week it led an €18+ million Series A extension round for Pliant, a B2B credit card platform, to fuel its
Saas
Toku Secures $9.3M Series A to Streamline Recurring Payment Collection in Mexico
Toku, a company specializing in streamlining recurring payment collection in Latin America, secured a $9.3 million Series A led by Gradient Ventures, with participation from
Specialty Finance / LendTech
Pipe Launches Embedded Capital-as-a-Service to Make Funding More Accessible to Millions of SMBs
Pipe, the modern capital platform for fast, frictionless, dilution-free funding, launched an Embedded Capital-as-a-Service solution, aiming to make financing more accessible to millions of
Chart Of The Week
ACI Worldwide (ACIW) ; QQQ
ACI Worldwide (NASDAQ: ACIW) enables banks, merchants and billers with real-time, mission critical, software payments solutions worldwide. ACI boasts the top 10 global banks
WHF News
ACI Worldwide (ACIW) ; QQQ
ACI Worldwide (NASDAQ: ACIW) enables banks, merchants and billers with real-time, mission critical, software payments solutions worldwide. ACI boasts the top 10 global banks
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
On the Heels of Raising $500M in New Funds, Team8 Establishes a Roadmap for Fintech in 2030 and Beyond
Team8, a global venture fund focusing on digital transformation, has released a report titled “2030 and Beyond: An Unconventional Look at the Future of
Fintech
Fintech Nexus Newsletter (April 18, 2024): Ramp closes $150m funding round
Ramp, a spend management startup, has successfully closed a $150 million Series D extension, bringing its valuation to $7.65 billion. Despite the challenges posed
Payments
PayPal Ventures Leads Pliant’s €18+ Million Series A Extension Financing
PayPal Ventures announced this week it led an €18+ million Series A extension round for Pliant, a B2B credit card platform, to fuel its
Saas
Toku Secures $9.3M Series A to Streamline Recurring Payment Collection in Mexico
Toku, a company specializing in streamlining recurring payment collection in Latin America, secured a $9.3 million Series A led by Gradient Ventures, with participation from
E-commerce
UniUni Closes US$50 Million Series C Round Led hy DCM; Funds Aimed at U.S. Expansion
UniUni, a leading Canadian technology company specializing in last-mile logistics for e-commerce, has secured a $50 million (USD) Series C led by venture firm DCM,
Open Banking
Brankas Is First Company in Indonesia to be Awarded an Open Banking Data License
Brankas became the first company in Indonesia to obtain a Payment Service Provider (PJP) Category 2 License for Account Information (AInS) from Bank Indonesia, enabling
Crypto
Layer-1 Blockchain Berachain Raises $100 Million in Funding Led by Brevan Howard Digital
Berachain, an EVM (ethereum virtual machine)-compatible Layer-1 blockchain built using the Cosmos SDK, has successfully raised $100 million in Series B funding, led by Brevan
Specialty Finance / LendTech
Pipe Launches Embedded Capital-as-a-Service to Make Funding More Accessible to Millions of SMBs
Pipe, the modern capital platform for fast, frictionless, dilution-free funding, launched an Embedded Capital-as-a-Service solution, aiming to make financing more accessible to millions of SMBs,
Chart Of The Week
ACI Worldwide (ACIW) ; QQQ
ACI Worldwide (NASDAQ: ACIW) enables banks, merchants and billers with real-time, mission critical, software payments solutions worldwide. ACI boasts the top 10 global banks as