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
DeFi Technologies and Professional Capital Management Partner to Enter U.S. ETF Market
DeFi Technologies, a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (“DeFi”), has partnered with
E-commerce
EBIX Exits Chapter 11 and is Debt free Worldwide Now
Ebix, a leading international supplier of on-demand software and e-commerce services to the insurance, financial, healthcare, and e-learning industries, has successfully exited Chapter 11
Embedded Finance
Income Group Partners with Griffin to Drive Financial Inclusion with Embedded Savings Accounts
Income Group, an innovative fintech company dedicated to improving engagement between employees and employers through secure payments, access to growth capital for SMBs, and
Fintech
Oyster bags $59m Series D funding to expand global employment solutions
Oyster, a prominent player in the global employment sector, has secured $59 million in Series D funding, elevating its valuation to $1.2 billion and increasing
Fraud / Risk Management
UR® Code Digital Identity Verification Breakthrough Announced by FaceTec
FaceTec, the biometric industry leader that invented the 3D FaceMap, has introduced U.R. Codes, a new biometric protocol for remote identity verification that enhances security
Investment / Acquisition
Ingo Payments Acquires Deposits Inc., Redefining Money Mobility for Banks and Corporates with the Launch of its Modern Money Stack
Ingo Payments, a trusted leader in account funding and disbursement solutions defined as Money Mobility, has acquired Deposits Inc., boosting its capabilities in modern banking
Open Banking
Tarabut Acquires Vyne in Advance of MENA’s Regulatory Changes
Tarabut, the leading open banking platform in the MENA region, has acquired Vyne to enhance its open banking capabilities and prepare for upcoming regulatory changes
Payments
UNIPaaS and American Express Partner to Boost B2B Card Payments for SaaS Platforms
UNIPaaS, a comprehensive identity verification and authentication solution designed to enhance security and streamline user access for businesses, has partnered with American Express to
Saas
Salesforce to Acquire Startup Own for $1.9 billion in Cash
Salesforce, the global CRM giant, has agreed to acquire startup Own for $1.9 billion in cash, with the deal expected to close by January 2025,
Specialty Finance / LendTech
Drip Capital Clinches $113m to Propel Global Trade Finance Innovation
Drip Capital, a prominent digital specialty lending platform specializing in trade finance, has secured $113 million in funding, comprised of $23 million in equity
Chart Of The Week
BIT: NEXI
Nexi Group (BIT:NEXI) is an Italian based fintech that enables payment services in 25 countries across Europe. The company acts as a white label
PropTech
Unlock Technologies Secures $280 Million Capital Commitment to Empower Homeowners with Innovative Home Equity Solutions
Unlock Technologies, a leading fintech company transforming the homeownership experience, announced it has secured a $280 million capital commitment, including $30 million in Series
WHF News
BIT: NEXI
Nexi Group (BIT:NEXI) is an Italian based fintech that enables payment services in 25 countries across Europe. The company acts as a white label
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
Ingo Payments Acquires Deposits Inc., Redefining Money Mobility for Banks and Corporates with the Launch of its Modern Money Stack
Ingo Payments, a trusted leader in account funding and disbursement solutions defined as Money Mobility, has acquired Deposits Inc., boosting its capabilities in modern
Fintech
Oyster bags $59m Series D funding to expand global employment solutions
Oyster, a prominent player in the global employment sector, has secured $59 million in Series D funding, elevating its valuation to $1.2 billion and
Payments
UNIPaaS and American Express Partner to Boost B2B Card Payments for SaaS Platforms
UNIPaaS, a comprehensive identity verification and authentication solution designed to enhance security and streamline user access for businesses, has partnered with American Express to
Saas
Salesforce to Acquire Startup Own for $1.9 billion in Cash
Salesforce, the global CRM giant, has agreed to acquire startup Own for $1.9 billion in cash, with the deal expected to close by January 2025,
E-commerce
EBIX Exits Chapter 11 and is Debt free Worldwide Now
Ebix, a leading international supplier of on-demand software and e-commerce services to the insurance, financial, healthcare, and e-learning industries, has successfully exited Chapter 11 bankruptcy,
Open Banking
Tarabut Acquires Vyne in Advance of MENA’s Regulatory Changes
Tarabut, the leading open banking platform in the MENA region, has acquired Vyne to enhance its open banking capabilities and prepare for upcoming regulatory changes
Crypto
DeFi Technologies and Professional Capital Management Partner to Enter U.S. ETF Market
DeFi Technologies, a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralized finance (“DeFi”), has partnered with Professional
Specialty Finance / LendTech
Drip Capital Clinches $113m to Propel Global Trade Finance Innovation
Drip Capital, a prominent digital specialty lending platform specializing in trade finance, has secured $113 million in funding, comprised of $23 million in equity from
Chart Of The Week
BIT: NEXI
Nexi Group (BIT:NEXI) is an Italian based fintech that enables payment services in 25 countries across Europe. The company acts as a white label card
Unlock Technologies Secures $280 Million Capital Commitment to Empower Homeowners with Innovative Home Equity Solutions
Unlock Technologies, a leading fintech company transforming the homeownership experience, announced it has secured a $280 million capital commitment, including $30 million in Series B